0
New
New
2022
Desiccant Market

Desiccant Market by Type (Silica Gel, Activated Alumina, Activated Charcoal, Zeolite, Calcium Chloride, Clay and Others) and End use industry (Packaging, Food, Pharmaceutical, Electronics and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11600
Pages: 275
May 2022 | 1235 Views
Author(s) : Eswara Prasad
Tables: 161
Charts: 62
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Desiccant Market

Request Now !

Desiccant Market Outlook - 2021–2030

The global desiccant market size was valued at $0.9 billion in 2020, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 4.9% from 2021 to 2030.

Statement for COVID-19 banner: The demand for desiccant has increased during COVID-19 owing to increase in demand from pharmaceutical and food packaging industry.

Desiccants are specialized drying agents that remove moisture from a wide range of materials. They are either solvents or insoluble compounds that absorb moisture, owing to its compound properties. Desiccants are used to keep contents of a sealed package from being damage by humidity. This is why a packet of silica gel and other desiccant materials are included with many sealed products. These desiccants may store a large percentage of their weight in moisture and absorb a significant amount of humidity within the container. Desiccants are also used in modern applications such as moisture removal, waste removal & cleaning, and regenerative drying. Desiccant packets are small sachets that contain molecular strainer, silica gel, bentonite clay, or other absorbent items to shield merchandise from moistness, scents, dampness, and other harming components. High humidity and dampness in air prompts to damage customer merchandise, clinical gadgets, and pharmaceutical items.

Desiccant-Market,-2021-2030

Get more information on this report : Request Sample Pages

Rise in demand for desiccants in the packaging business, especially in pharmaceuticals and food packaging drives demand for desiccants. Manufacturers in the electronic industry are working hard to reduce moisture effect on its products, which leads to increase in desiccant demand in the future. Furthermore, increase in use of desiccants in the chemical sector and in air conditioning systems is expected to propel the desiccants market.

However, setting up cost of the machinery to produce desiccant is very high and requires frequent maintenance and increase in machinery setup cost increases production cost of desiccants. This, in turn, leads to increase in the end-user cost. Thus, restrains growth of the desiccant market.

Asia-Pacific led the desiccant market, in terms of both revenue and volume, owing to high consumer base for pharmaceutical, food, and electronics industries. These industries are witnessing high growth in Asia-Pacific, which, in turn, is expected to drive growth of desiccants market during the forecast period. North America, especially the U.S., is expected to be the major market for desiccants and it is expected to register substantial growth i.e., 4.9%, in terms of revenue during the forecast period.

The desiccant market is segmented on the basis of type, end-use industry, and region. By type, the market is classified into silica gel, activated alumina, activated charcoal, zeolite, calcium chloride, clay, and others. By end-use industry, it is divided into packaging, food, pharmaceutical, electronic, and others. On the basis of region, the desiccant market is studied across North America, Europe, Asia-Pacific, and LAMEA. The desiccant market share is analyzed across all significant regions and countries. 

Major players operating in the desiccant market are Fuji silysia chemical ltd., Desicca chemicals pvt. ltd., Tropack packmitel gmbh, Oker-chemie gmbh, Hengye inc, Multisorb technologies, Clariant, Capitol scientific, inc., and W. r. grace and co. 

Others players in the desiccant market include Porocel Corporation, The Dow Chemical Company, INEOS Corporation, Qingdao Makll Group, Zeotec Adsorbents Private Limited, and Desicca Chemicals.

Desiccant Market, by Type

The silica gel segment is expected to grow at a 4.3% rate of CAGR during the forecast period, while activated alumina segment is the fastest growing segment, growing around 7.1% CAGR during the forecast period. Silica gel is highly used in end-use industries like electronics, pharmaceuticals and packaging.

Desiccant Market
By Type

Your browser does not support the canvas element.

Silica Gel holds a dominant position in 2020 and Activated Alumina is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Desiccant Market, by End Use Industry

The food industry accounted for the largest share i.e., 34.2% and pharmaceutical is the fastest growing segment, growing around 5.7% CAGR over the forecasted period. This is attributed to increased demand from pharmaceutical manufacturer as desiccant are used to remove the moisture in pharmaceutical packaging.

Desiccant Market
By End Use Industry

Your browser does not support the canvas element.

Food Industry is projected as the most lucrative segment.

Get more information on this report : Request Sample Pages

Desiccant Market, by Region

North America contributed the 27.7% market share in 2020 and is projected to grow at CAGR of 4.5% during the forecast period. Asia-Pacific is the fastest growing segment, growing around 6.2% CAGR over the forecasted period. Increasing population in the Asia-Pacific region has increased the demand for food and electronics products which will boost the demand for desiccant in this region.

Desiccant Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2020 and is projected to register the highest CAGR of 6.2% during the forecast period.

Get more information on this report : Request Sample Pages

Key Benefits For Stakeholders

  • The report provides in-depth analysis of the global desiccant market along with the current trends and future estimations. 
  • The desiccant market size is provided in terms of kilotons and $ million.
  • This report highlights the key drivers, opportunities, and restraints of the desiccant market along with the impact analysis during the forecast period.
  • Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global desiccant market for strategy building.
  • A comprehensive market analysis covers the factors that drive and restrain the desiccant market growth.
  • The qualitative data about market dynamics, desiccant market trends, and developments is provided in the report.

Impact Of Covid-19 On The Global Desiccant Market

  • COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020. 
  • The outbreak of COVID-19 pandemic had led to partial or complete shutdown of end use industries for desiccant. Furthermore, owing to the lockdown implemented across various countries, national and international transport were hampered in 2020, but some of the countries have begun vaccination drives which has positively impacted the supply chain of desiccant across the globe. In 2020, there was insufficiency in raw material which hampered the production rate of desiccant.
  • There has been increased in demand from pharmaceutical and food packaging industry during COVID-19.

Key Market Segments

  • By Type
    • Silica Gel
    • Activated Alumina
    • Activated Charcoal
    • Zeolite
    • Calcium Chloride
    • Clay
    • Others
  • By end use industries
    • Packaging
    • Food
    • Pharmaceutical
    • Electronics
    • Others
  • By Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Spain
      • Italy
      • UK
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Brazil
      • South Africa
      • Saudi Arabia
      • Rest of LAMEA
  • KEY MARKET PLAYERS
    • Fuji silysia chemical ltd.
    • Desicca chemicals pvt. ltd.
    • Tropack packmitel GmBH
    • Oker-Chemie GmBH
    • Hengye Inc.
    • Multisorb technologies
    • Clariant
    • Capitol scientific, inc.,
    • W. r. grace and co.
    • Evonik Industries AG
 

Loading Table Of Content...


 
 

According to the perspective of CXOs of leading companies, increase in demand from end-use industries such as pharmaceutical, food, and packaging is expected to propel the global desiccant market during the forecast period. Desiccant is primarily utilized as a moisture absorber in various end-use industries. Demand for desiccant is expected to be driven by increase in demand from the pharmaceutical industry and a shift in use of processed food and packed food products. Desiccant is also employed in a variety of end-use industries, including electronics, packaging, and pharmaceutical. However, harmful effects associated with the use of desiccants and high investment costs can restrain growth of the market.

PURCHASE OPTIONS

Start reading instantly ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Call or Email us

U.S.-Canada
Toll-free :
+1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

 Request Sample
 
FREQUENTLY ASKED QUESTIONS?

A. Increased demand from pharmaceutical and food packaging industry is driving the demand for desiccant.

A. The desiccant market size was valued at $0.9 billion in 2020, and is projected to reach $1.5 billion by 2030, growing at a CAGR of 4.9% from 2021 to 2030.

A. Fuji silysia chemical ltd, Hengye inc., Clariant, Capitol scientific, inc., and W. r. grace & co are some of the established players of the global desiccant market

A. Pharmaceutical industry is projected to increase the demand for desiccant owing to increasing demand for pharmaceutical products.

A. • By Type • Silica Gel • Activated Alumina • Activated Charcoal • Zeolite • Calcium Chloride • Clay • Others • By end use industries • Packaging • Food • Pharmaceutical • Electronics • Others

A. Increasing demand from biopharmaceutical industry and need for effective drying agent is driving the demand and propelling the desiccant market growth.

A. COVID-19 has positively impacted desiccant market owing to increased demand from food packaging industry.

RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Sample

OR

Purchase Full Report of
Desiccant Market

Start reading instantly.
This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,712
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $4,125
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $6,168
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,929
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $10,663
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers