What Is The Current and Historic Market Size Analysis Of Desiccants Market?
The desiccants market has seen considerable growth due to a variety of factors.
• Over the past few years, a robust growth has been reported in the desiccants market size. There is expected to be an increase from $0.17 billion in 2024 to $0.18 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.0%.
The growth demonstrated during the historical period is linked to the robust economic growth in emerging markets, hike in disposable income, development in the pharmaceutical sector, a surge in industrialization, expansion of the packaging industry, and the rapid proliferation of e-commerce.
What are the Market Size and Expected Growth Rates for the Desiccants Market?
The desiccants market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for desiccants is poised for robust expansion in the upcoming years, with its value set to reach $0.24 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.5%.
The expected growth within the forecast period can be associated with increased government backing, a surge in demand from chemical industries, a growing global populace, and swift urbanization. Noteworthy trends projected within this period include the development of sophisticated desiccant breathers, innovative product creation, introduction of new bio-based moisture-absorbing packets, technological progressions, and a concentrated effort towards the development of novel desiccant packaging.
What Are The Essential Drivers Behind The Growth Of The Desiccants Market?
The growth of the desiccants market is expected to be propelled by the increase in textile manufacturing. Textile manufacturing, which includes the process of converting fibers into yarn and then fabric, utilizes desiccants to control humidity during production and storage. This prevents mold growth and ensures high fabric quality. The National Council of Textile Organizations, a U.S-based organization that advocates for the textile industry, reported that textile and apparel shipments amounted to $65.8 billion in 2022. Additionally, the total exports of fiber, textile, and apparels reached $34.0 billion in 2021. Therefore, the growth in textile manufacturing is fuelling the growth of the desiccants market.
How Is The Globa Desiccants Market Divided Into Key Segments?
The desiccants market covered in this report is segmented –
1) By Type: Silica Gel, Zeolite, Activated Alumina, Activated Charcoal, Calcium Chloride, Clay, Other Types
2) By Process: Physical Absorption, Chemical Absorption
3) By Application: Electronics, Food, Pharmaceutical, Packing, Other Applications
Subsegments:
1) By Silica Gel: Standard Silica Gel, Indicating Silica Gel, Non-indicating Silica Gel
2) By Zeolite: Natural Zeolite, Synthetic Zeolite, Molecular Sieves
3) By Activated Alumina: Spherical Activated Alumina, Granular Activated Alumina
4) By Activated Charcoal: Granular Activated Charcoal (GAC), Powdered Activated Charcoal (PAC)
5) By Calcium Chloride: Pelleted Calcium Chloride, Flake Calcium Chloride
6) By Clay: Bentonite Clay, Fuller's Earth
7) By Other Types: Montmorillonite Clay, Bio-Based Desiccants, Other Specialty Desiccants
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What Trends Are Reshaping The Desiccants Market?
The need for desiccants is escalating in sectors such as pharmaceuticals, chemicals, food, and beverages to handle atmospheric moisture during the manufacturing and processing of goods. The elevated levels of carbon and the increase in global temperature can cause harm to products as a result of substantial atmospheric moisture. A range of dehumidification techniques are employed by these sectors to reduce moisture in their immediate environment. Desiccant wheels, for instance, are the most efficient and cost-effective mechanism for controlling humidity levels in these industries.
Who Are the Key Players in the Desiccants Market?
Major companies operating in the desiccants market include:
• BASF
• Evonik Industries
• W. R. Grace and Co
• INEOS Corporation
• Clariant
• Multisorb Technologies
• The Dow Chemical Company
• Absortech
• Sorbead
• Hengye Molecular Sieve
• Benz Packaging Solutions (p) Ltd
• The Focus Air Desiccant Traders
• Aquasafe Silica Sales
• Silica Gel Desiccant Industries
• Shiv Chemicals
• Astrum Packtech
• Vahanvati Enterprise
• Chunwang
• Dingxing
• Jiayuan
• Taiwdry
• Jiyou
• Xiaowei
• TOPCOD
• JIELILE
• Xiangyuan
• Valdamark Ltd
• Thompson & Capper Ltd
• Aquadry
• Baltimore Innovations
• Geejay Chemicals Ltd
• Systemation Euro
• Air Dryer Technology Ltd
• R-Tech Solutions Ltd
• Cole-Parmer United Kingdom
• Seibu Giken DST AB
• PJSC Zaporizhtransformator
• ADVANSTEH LTD
• Romstal Ukraine LLC
• Hygromedia LLC
• Lancaster Packaging
• Compressed Air Systems. Inc
• Drytech Incorporated
• LIBBS FARMACEUTICA LTDA
• SPLACK
• Joy Global
• Brasil Indústria e Comércio Ltda
• Super Dry International FZCO
• Desiccant Rotors International Private Limited
• FAS Arabia LLC
• Dubai Chem Marine International
• Dunak International Ltd
• Guaranteed Source Ltd
• Feyi Flosebit Ent
• Best Farm Nig Ltd.
• Lavenjok Nig Ltd
• Evi&sons Nigeria Limited
What are the Regional Insights into the Desiccants Market?
Asia-Pacific was the largest region in the desiccants market in 2024. North America was the second-largest region in the global desiccants market. The regions covered in the desiccants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
