Global Desiccants Market Report 2022 – Market Forecast, Trends And Strategies

17 Oct, 2022

The global desiccants market size is expected to grow from $0.145 billion in 2021 to $0.154 billion in 2022 at a compound annual growth rate (CAGR) of 6.0%. The global desiccants market size is expected to grow to $0.19 billion in 2026 at a CAGR of 4.9%.

What is the Global Desiccants Market?

The desiccants market consists of sales of desiccants materials or products. Desiccants absorb the moisture from the surroundings and prevent the products from getting damaged due to moisture. Desiccant materials include silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, clay, and others.

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What drives the Global Desiccants Market?

Increasing demand for desiccants in the packaging industry combined with that in consumer products drives the growth of the desiccants market. Desiccants packets are tiny sachets that contain bentonite clay, silica gel, molecular sieve, or other absorbent products to protect goods from humidity, moisture, odors, and other damaging elements. High humidity and moisture in the air lead to product damage in consumer goods, medical devices, and pharmaceutical products.

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Global Desiccants Market Segments
The global desiccants market is segmented:
By Type: Silica Gel, Zeolite, Activated Alumina, Activated Charcoal, Calcium Chloride, Clay, Other Types
By Process: Physical Absorption, Chemical Absorption
By Application: Electronics, Food, Pharmaceutical, Packing, Air & Gas Drying, Other Applications
By Geography: The regions covered in the desiccants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Desiccants Global Market Report 2022provides market size and growth forecasts for the global desiccants market, global desiccants market share, desiccants global market segments and geographies, desiccants global market competitive landscape including leading competitors’ revenues, profiles and market shares. The desiccants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Desiccants Industry Playersinclude Porocel, Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents Private Limited, and Desicca Chemicals. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.