Desiccant Market: Trends, Opportunities and Competitive Analysis [2023-2028]
Get it in 2-3 working days by ordering today
Desiccant Market Trends and Forecast
The future of the global desiccant market looks promising with opportunities in the packaging, food, pharmaceutical, and electronic industries. The global desiccant market is expected to reach an estimated $1.7 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing use of desiccant in order to reduce excessive moisture and protect products, rising application in the food and pharmaceutical packaging industries, and growing use of zeolite desiccants in air conditioning systems as a drying components to maintain the efficiency of the refrigerant.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Desiccant Market by Segment
The study includes a forecast for the global desiccant market by product type, process, end use industry, and region, as follows:
Desiccant Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies desiccant companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the desiccant companies profiled in this report include:
Q1. What is the desiccant market size?
Answer: The global desiccant market is expected to reach an estimated $1.7 billion by 2028.
Q2. What is the growth forecast for desiccant market?
Answer: The global desiccant market is expected to grow with a CAGR of 5.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the desiccant market?
Answer: The major drivers for this market are increasing use of desiccant in order to reduce excessive moisture and protect products, rising application in the food and pharmaceutical packaging industries, and growing use of zeolite desiccants in air conditioning systems as a drying components to maintain the efficiency of the refrigerant.
Q4. What are the major segments for desiccant market?
Answer: The future of the desiccant market looks promising with opportunities in the packaging, food, pharmaceutical, and electronic industries.
Q5. Who are the key desiccant companies?
Answer: Some of the key desiccant companies are as follows:
Answer:Lucintel forecasts that silica gel is expected to witness highest growth over the forecast period due to the significant use of this gel as catalyst carriers, adsorbents, and separators, and perfume carriers owing to its moisture-proof and dry properties.
Q7. In desiccant market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the continuous population growth and enormous demand for food and electrical products in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the desiccant market by product type (silica gel, activated alumina, activated charcoal, zeolite, calcium chloride, clay, and others), process (physical absorption and chemical absorption), end use industry (packaging, food, pharmaceutical, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to desiccant market or related to desiccant companies, desiccant market size, desiccant market share, desiccant market growth, desiccant market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
Desiccant Market Trends and Forecast
The future of the global desiccant market looks promising with opportunities in the packaging, food, pharmaceutical, and electronic industries. The global desiccant market is expected to reach an estimated $1.7 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing use of desiccant in order to reduce excessive moisture and protect products, rising application in the food and pharmaceutical packaging industries, and growing use of zeolite desiccants in air conditioning systems as a drying components to maintain the efficiency of the refrigerant.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Desiccant Market by Segment
The study includes a forecast for the global desiccant market by product type, process, end use industry, and region, as follows:
Desiccant Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Silica Gel
- Activated Alumina
- Activated Charcoal
- Zeolite
- Calcium Chloride
- Clay
- Others
- Physical Absorption
- Chemical Absorption
- Packaging
- Food
- Pharmaceutical
- Electronics
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies desiccant companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the desiccant companies profiled in this report include:
- Fuji silysia chemical
- Desicca chemicals
- Tropack packmitel
- Oker-Chemie
- Hengye
- Lucintel forecasts that silica gel is expected to witness highest growth over the forecast period due to the significant use of this gel as catalyst carriers, adsorbents, and separators, and perfume carriers owing to its moisture-proof and dry properties.
- Pharmaceutical is expected to witness highest growth over the forecast period due to the increasing use of solid desiccant to reduce the moisture content in medicine while preserving quality and extending their shelf life.
- APAC is expected to witness highest growth over the forecast period due to the continuous population growth and enormous demand for food and electrical products in the region.
- Market Size Estimates: Desiccant market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Desiccant market size by various segments, such as by product type, process, end use industry, and region
- Regional Analysis: Desiccant market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by product type, process, end use industry, and regions for the desiccant market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the desiccant market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Q1. What is the desiccant market size?
Answer: The global desiccant market is expected to reach an estimated $1.7 billion by 2028.
Q2. What is the growth forecast for desiccant market?
Answer: The global desiccant market is expected to grow with a CAGR of 5.5% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the desiccant market?
Answer: The major drivers for this market are increasing use of desiccant in order to reduce excessive moisture and protect products, rising application in the food and pharmaceutical packaging industries, and growing use of zeolite desiccants in air conditioning systems as a drying components to maintain the efficiency of the refrigerant.
Q4. What are the major segments for desiccant market?
Answer: The future of the desiccant market looks promising with opportunities in the packaging, food, pharmaceutical, and electronic industries.
Q5. Who are the key desiccant companies?
Answer: Some of the key desiccant companies are as follows:
- Fuji silysia chemical
- Desicca chemicals
- Tropack packmitel
- Oker-Chemie
- Hengye
Answer:Lucintel forecasts that silica gel is expected to witness highest growth over the forecast period due to the significant use of this gel as catalyst carriers, adsorbents, and separators, and perfume carriers owing to its moisture-proof and dry properties.
Q7. In desiccant market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the continuous population growth and enormous demand for food and electrical products in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the desiccant market by product type (silica gel, activated alumina, activated charcoal, zeolite, calcium chloride, clay, and others), process (physical absorption and chemical absorption), end use industry (packaging, food, pharmaceutical, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to desiccant market or related to desiccant companies, desiccant market size, desiccant market share, desiccant market growth, desiccant market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL DESICCANT MARKET: MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2017 TO 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Desiccant Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Desiccant Market by Product Type
3.3.1: Silica Gel
3.3.2: Activated Alumina
3.3.3: Activated Charcoal
3.3.4: Zeolite
3.3.5: Calcium Chloride
3.3.6: Clay
3.3.7: Others
3.4: Global Desiccant Market by Process
3.4.1: Physical Absorption
3.4.2: Chemical Absorption
3.5: Global Desiccant Market by End Use Industry
3.5.1: Packaging
3.5.2: Food
3.5.3: Pharmaceutical
3.5.4: Electronics
3.5.5: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2017 TO 2028
4.1: Global Desiccant Market by Region
4.2: North American Desiccant Market
4.2.1: North American Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.2.2: North American Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.3: European Desiccant Market
4.3.1: European Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.3.2: European Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.4: APAC Desiccant Market
4.4.1: APAC Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.4.2: APAC Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.5: ROW Desiccant Market
4.5.1: ROW Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.5.2: ROW Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Desiccant Market by Product Type
6.1.2: Growth Opportunities for the Global Desiccant Market by Process
6.1.3: Growth Opportunities for the Global Desiccant Market by End Use Industry
6.1.4: Growth Opportunities for the Global Desiccant Market by Region
6.2: Emerging Trends in the Global Desiccant Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Desiccant Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Desiccant Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Fuji silysia chemical
7.2: Desicca chemicals
7.3: Tropack packmitel
7.4: Oker-Chemie
7.5: Hengye
.
2. GLOBAL DESICCANT MARKET: MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2017 TO 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Desiccant Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Desiccant Market by Product Type
3.3.1: Silica Gel
3.3.2: Activated Alumina
3.3.3: Activated Charcoal
3.3.4: Zeolite
3.3.5: Calcium Chloride
3.3.6: Clay
3.3.7: Others
3.4: Global Desiccant Market by Process
3.4.1: Physical Absorption
3.4.2: Chemical Absorption
3.5: Global Desiccant Market by End Use Industry
3.5.1: Packaging
3.5.2: Food
3.5.3: Pharmaceutical
3.5.4: Electronics
3.5.5: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2017 TO 2028
4.1: Global Desiccant Market by Region
4.2: North American Desiccant Market
4.2.1: North American Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.2.2: North American Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.3: European Desiccant Market
4.3.1: European Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.3.2: European Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.4: APAC Desiccant Market
4.4.1: APAC Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.4.2: APAC Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
4.5: ROW Desiccant Market
4.5.1: ROW Desiccant Market by Product Type: Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay, and Others
4.5.2: ROW Desiccant Market by End Use Industry: Packaging, Food, Pharmaceutical, Electronics, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Desiccant Market by Product Type
6.1.2: Growth Opportunities for the Global Desiccant Market by Process
6.1.3: Growth Opportunities for the Global Desiccant Market by End Use Industry
6.1.4: Growth Opportunities for the Global Desiccant Market by Region
6.2: Emerging Trends in the Global Desiccant Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Desiccant Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Desiccant Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Fuji silysia chemical
7.2: Desicca chemicals
7.3: Tropack packmitel
7.4: Oker-Chemie
7.5: Hengye
.
