Global Spray Drying Equipment Market

The dry-cleaning and laundry services market consists of sales of dry-cleaning and laundry services and related goods by entities (organizations, sole traders and partnerships) that operate coin-operated or similar self-service laundries and drycleaners; provide dry-cleaning and laundry services (except coin-operated); and/or supply, on a rental or contract basis, laundered items such as uniforms, gowns, and shop towels. Establishments in the dry-cleaning and laundry services industry are mainly involved in washing and/or cleaning clothes and linen and include coin-operated laundries and drycleaners, dry-cleaning and laundry services, linen suppliers and industrial launderers. The main types of dry-cleaning and laundry services are coin-operated laundries and drycleaners, dry-cleaning and laundry services (except coin-operated) and linen and uniform supply. A coin-operated laundry or dry-cleaning business is a public location where customers can use customer-operated machines to launder or dry clean garments and other materials for a fee. The different end users include commercial dry-cleaning and laundry services, residential dry-cleaning and laundry services, coin-operated laundries and drycleaners and available through various distribution channels such as offline, online. The global dry-cleaning and laundry services market size is expected to grow from $104.23 billion in 2021 to $111.93 billion in 2022 at a compound annual growth rate (CAGR) of 7.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The dry-cleaning and laundry services market is expected to reach $141.50 billion in 2026 at a CAGR of 6.0%. Gradual shift in customer spending towards tourism is expected to positively impact the hospitality sector in the forecast period driving the market for dry-cleaning and laundry services. In order to cater to increasing tourists' demands, hotels are coming up with new business models where the rooms are available for multiple bookings on a single day. This in turn is expected to increase the number of times a linen is changed in a hotel room on a daily basis, increasing the amount of linen to be washed after every change. This business model is expected to drive the demand for dry-cleaning and laundry services in the hospitality industry, where hotels prefer using a professional launderette to optimize operations time and keep quality services. Therefore, the growth of the hospitality industry is expected to drive the dry-cleaning and laundry services market. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the dry-cleaning and laundry services market in 2020 as the need for services offered by these establishments declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the dry-cleaning and laundry services market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Use of cashless self-service laundries or coin-operated laundries and drycleaner machines is growing across the world. This growth is primarily due to emergence of cards and other alternative electronic payment methods such as RFID contactless credit cards, or NFC enabled mobile wallets that provide a cost-effective alternative to handle cash and are also easy to use. Apart from this, cashless laundry machines also provide relief from painstaking cash management in laundries, and secure solutions over cash operated machines, which have to be carefully monitored for thefts. For instance, companies such as 'Texas Coin And Commercial Laundry' and 'Lone Star Laundromat Services' based in Texas, USA are laundry service providers that adopted cashless laundry services. Major companies in the dry-cleaning and laundry services market include Elis SA, Spotless Group Holdings Ltd, CSC Serviceworks Holdings Inc., Johnson Service Group, Downer EDI Limited, K Bro Linen Inc., Atlantic City Linen Supply LLC, Linen King LLC and Radiant Services Corporation. North America was the largest region in the dry-cleaning and laundry services market in 2021. Asia Pacific was the second largest region in the dry-cleaning and laundry services market. The regions covered in the dry-cleaning and laundry services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dry-cleaning and laundry services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The global dry-cleaning and laundry services market is segmented - 1) By Type: Coin-Operated Laundries and Drycleaners, Dry-Cleaning and Laundry Services (except Coin-Operated), Linen and Uniform Supply 2) By End-Use: Commericial Dry-Cleaning and Laundry Services, Residential Dry-Cleaning and Laundry Services, Coin-Operated Laundries and Drycleaners 3) By Distribution Channel: Offline, Online

The woodworking and paper machinery market consists of sales of woodworking and paper machinery by entities (organizations, sole traders, or partnerships) that produce sawmill and woodworking machinery (except handheld), such as circular and band sawing equipment, planning machinery, and sanding machinery, and/or manufacturing paper industry machinery for making paper and paper products, such as pulp making machinery, paper and paperboard making machinery, and paper and paperboard converting machinery. The main types of woodworking and paper machinery are paper industry machinery and woodworking machinery. The paper industry machinery refers to the machinery that is used in making papers and creating a large amount of paper. The various machine types are forming machines, pressing machines, drying machines, sizer machines, and other types. The various capacity is small, medium, and large. The various operation includes autonomous, semi-autonomous, and manual. The global woodworking and paper machinery market size is expected to grow from $36.42 billion in 2021 to $40.61 billion in 2022 at a compound annual growth rate (CAGR) of 11.5%. The global woodworking and paper machinery market size is expected to grow to $60.03 billion in 2026 at a CAGR of 10.3%. Automation is a new technology manufactured by the sawmill, and woodworking machinery manufacturers as it provides faster, efficient, and optimum production and minimizes waste. Automated sawmills and woodworking machinery perform tasks without human intervention. These automated machinery include Roundwood handling and cutting systems, fully automated debarking systems, X-ray scanners. Major companies in the woodworking and paper machinery market include Mitsubishi Heavy Industries Ltd, Bobst Group SA, and Terex Corporation, Dream International Limited, Adidas, Integrity Toys Inc, JAKKS Pacific Inc, and LEGO Group. Western Europe was the largest region in the woodworking and paper machinery market in 2021. Asia Pacific was the second largest region of the global woodworking and paper machinery market. The regions covered in the global woodworking and paper machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries in the woodworking and paper machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global woodworking and paper machinery market is segmented - 1) By Type: Paper Industry Machinery, Woodworking Machinery 2) By Machine Type: Forming Machines, Pressing Machines, Drying Machines, Sizer Machines, Others 3) By Operation: Autonomous, Semi-Autonomous, Manual 4) By Capacity: Small, Medium, Large Subsegments Covered: Pulp Making Machinery, Paper and Paperboard Making Machinery, Paper and Paperboard Converting Machinery, Other Paper Industry Machinery

The electric dryers manufacturing market consist of sales of clothes dryers. The clothes dryers are extensively employed by the household consumers for carrying out the activity of drying clothes. The main function that is performed by the device is to soak up the moisture from the clothes, lessen the aroma level, and eliminate dust-mites from the clothes. The main types of dryers are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers and others. The various vent types include vented dryer and ventless/condenser dryer. A spin dryer is a low-energy dryer that uses centrifugal force to remove water from clothes. These dryers are typically much smaller than standard clothes dryers and do not use heat to dry clothes; instead, they rely on centrifugal force. The dryers are distributed through specialty stores, company-owned stores, hypermarkets and supermarkets, online and other sales channels and are used by commercial and residential end-users. The global electric dryers manufacturing market size is expected to grow from $12.43 billion in 2021 to $14.60 billion in 2022 at a compound annual growth rate (CAGR) of 17.4%.The growth in the electric dryers manufacturing market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric dryers manufacturing market is expected to reach $22.43 billion in 2026 at a CAGR of 11.3%. Technological advances is expected to drive the growth of the market for dryers in the forecast period. Increased access to the internet and use of smartphones supported the development and consumption of innovative technologically enabled appliances. About 4.66 billion people globally had access to the internet in 2020 and 91% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers. Increasing demand for online on demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and will be 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, China registered GDP growth of 6.2% in 2019. Stable economic growth, increasing internet penetration, and rising disposable income coupled with hectic lifestyle of individuals will lead to an increase in on demand laundry services, thereby limiting the growth of the market for dryers. Dryer manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy efficient appliances. For example, in the USA, ENERGY STAR certified dryers use 20% less energy than a standard washing machine. Major players in the electric dryers manufacturing market are Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, Conair. Asia Pacific was the largest region in the electric dryers manufacturing market in 2021. Western Europe was the second-largest region in the dryers market. The regions covered in the electric dryers manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electric dryers manufacturing market t report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global electric dryers manufacturing market is segmented - 1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Others 2) By Type of Vent: Vented Dryer, Ventless/Condenser Dryer 3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Others 4) By End-User: Commercial, Residential

The dried fruits market consists of sales of dried fruits. The market consists of revenue generated by establishments that are engaged in the production of dried fruits. Dried fruit is a fruit that has been preserved by dehydrating or drying to concentrate the flavor or sweetness and to extend the shelf life. In dried fruits, the bulk of its original water content is removed, either naturally, by sun drying, or artificially, by using specialized dryers or dehydrators. The main types of dried fruits are apricots, dates, raisins, figs, berries, and others. Apricots, sometimes known as Armenian plums, are a type of stone fruit. Dried apricots are used to improve bone mineral density and helps in promoting eye health. The different categories include conventional, organic and are used in confectioneries, dairy products, bakery products, snacks and bars, desserts, cereals, others. The global dried fruits market size is expected to grow from $7.05 billion in 2021 to $7.79 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The global dried fruits market size is expected to grow to $10.14 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growing population of healthier consumers is expected to propel the growth of the dried fruits market in the coming years. Healthy eating has become the norm, with most customers intending foods and beverages to meet progressively nuanced health, wellness morality, and sustainability criteria. Dry fruits are a good source of protein, vitamins, minerals, and dietary fiber and are considered a good replacement for high-calorie snacks. According to the survey commissioned by biotechnology startup Gelesis in January 2021, 60% of Americans would like to feel healthier and 51% want to reduce weight by practicing and modifying their diets, which includes attempting to eat more plant-based foods. Therefore, the growing population of healthier consumers drives the growth of the dried fruits market. The launch of new flavored dried fruits has emerged as a key trend in the dried fruits market. Major players operating in the dried fruits sector are focused on introducing new flavored dried fruits into the market to strengthen their position. For instance, in April 2019, Traina, a US-based company that produces dried fruits launched two new flavors such as Natural Cherry and the Summer Blend for summer. Natural Cherry is made with cherries, whereas Summer Blend is made with dried peaches, nectarines, and plums. In April 2021, Hyle Capital Partners, a private equity firm based in Italy acquired a majority stake in Manuzzi for an undisclosed amount. This acquisition helps to accelerate growth and strengthen Manuzzi’s position within the major retail chains in Italy. Manuzzi is an Italy-based company that produces dried fruit and nuts. Major players in the dried fruits market are Sunbeam Foods Group Ltd., Sun-Maid, Bergin Fruit and Nut Company, Traina Foods, Sunsweet, Lion Raisins Inc, Murray River Organics Gr, National Raisin Company, Geobres, Angas Park, AL FOAH, Royal Nut Company, Tulsi Nuts and Dryfruits, Valley Harvest Nut Company, Paradise Fruits, and Kiantama Oy. Asia Pacific was the largest region in the dried fruits market in 2021. North America was the second-largest region in the global dried fruits market. The regions covered in the global dried fruits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the dried fruits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global dried fruits market is segmented - 1) By Type: Apricots, Dates, Raisins, Figs, Berries, Other Types 2) By Category: Conventional, Organic 3) By Application: Confectioneries, Dairy Products, Bakery Products, Snacks And Bars, Desserts , Cereals, Other Applications

The dried peas market consists of sales of dried peas by entities (organizations, sole traders, and partnerships) that are engaged in the production of dried peas. Dried peas, also known as field peas, when dried are used in food preparation such as pasta, cereals, and soups. Dried peas are considered a very good source of potassium, cholesterol-lowering fiber, and two B–Vitamins, protein, and contain almost no fat. They help lower cholesterol, maintain blood sugar levels, and lower high blood pressure. The main product types of dried peas are yellow peas and green peas. Yellow peas are small peas with a round shape and a mild flavor and is a good source of cholesterol-lowering fiber. Green peas are small peas with round shape and a nuttier flavor. Before being sold, they are normally dried and then cut in half. It has both conventional and organic nature and is used in household and retail, foodservice or HoReCa, animal feed, pharmaceuticals and supplements, cosmetics and personal care, food and beverage processing. The global dried peas market size is expected to grow from $4.37 billion in 2021 to $4.75 billion in 2022 at a compound annual growth rate (CAGR) of 8.7%. The global dried peas market size is expected to grow to $5.86 billion in 2026 at a compound annual growth rate (CAGR) of 5.4%. The increasing number of individuals preferring a healthy lifestyle is expected to propel the growth of the dried peas market in the coming years. A healthy lifestyle in people nowadays helps fight illness, focuses on a strong immune system to prevent fight infections, and more energy. In recent years, people have been taking care of their health and hence lot of them are shifting towards a vegetarian diet as it would lead to lower blood pressure, improved cholesterol levels, which reduces the chance of a heart attack and stroke. For instance, according to FMCG Gurus 2020 survey report, 59% of consumers around the world have become more conscious about their health. This has increased the market for plant-based proteins as well which include, peas, lentils, beans, and soy products. Dried peas companies are increasingly offering pea protein based powder which can be incorporated in ready-to-drink beverages, baked goods, and dairy foods. Pea protein has a higher concentration of protein and well-balanced profile of amino acids and can be used as a substitute for egg protein in products such as mayonnaise and as an alternative to soy and wheat gluten. For instance, in 2019, US based food company, Cargill launched a new versatile pea protein powder Radipure, which is made from non-GMO (Genetically Modified Organisms) dried peas. In November 2020, Ingredion Inc., a US-based ingredient solutions company acquired Verdient Foods for an undisclosed amount. The acquisition will enable Ingredion Inc. to accelerate net sales growth, expand manufacturing capabilities, and collaborate with customers to meet the rising demand for plant-based foods. Verdient Foods is a Canada-based company that produces plant-based proteins derived by producing peas, lentils, faba beans, and other sources. Major players in the dried peas market are Vestkorn Milling AS, AGT Food and Ingredients, Cosucra Groupe Warcoing S.A., Dakota Ingredients, Goya Foods Inc., Ingredion Inc., Roquette Frères, and The Scoular Company. Asia Pacific was the largest region in the dried peas market in 2021. The regions covered in the global dried peas market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the Dried Peas market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global dried peas market is segmented - 1) By Product Type: Yellow Peas, Green Peas 2) By Nature: Conventional, Organic 3) By Application: Household Or Retail, Foodservice Or HoReCa, Animal Feed, Pharmaceuticals And Supplements, Cosmetics And Personal Care, Food And Beverage Processing

The dry bulk materials trucking market consists of sales of dry bulk materials trucking services by entities (organizations, sole traders, and partnerships) that provide over-the-road transportation of dry bulk materials. Only goods and services traded between entities or sold to end consumers are included. The main commodity types in the dry bulk materials trucking market are iron ore, coal, and pet coke, grains and agricultural products, cement/ aggregates, fertilizers, and others. Iron ore is a rock from which iron is extracted from mineral form. The dry bulk materials market is segmented by vessel type into Capesize, handysize, pananmax, and handymax and by application into food and beverages, construction, automotive, energy and mining, agriculture, chemicals, and others. It is covered by end-use into iron ore, steel products, lumber or log, and others. The global dry bulk materials market size is expected to grow from $330.42 billion in 2021 to $363.92 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The dry bulk material market is then expected to grow to $511.69 billion in 2026 at a CAGR of 8.9%. Rising demand for raw material for the manufacturing, defense, and infrastructure sectors is driving the growth of the dry bulk material trucking market. This upsurge in demand is attributed to the rise in industrialization, population, and urbanization. For instance, according to the report of the World Bank, the European mineral raw materials industry demonstrated a considerable increase in the production of minerals needed for clean energy technologies. It additionally clarifies the requirement for a wide range of minerals and metals for implementing renewable energy strategies and their related infrastructure. The demand for minerals such as graphite, lithium, and cobalt is expected to be as high as 500% by 2050. There is a need for efficient dry bulk trucks to carry these dry bulk materials, thereby driving the market for the dry bulk material trucking market. The restrictions on high rates of carbon emissions from dry bulk carrier trucks are expected to limit the growth of the dry bulk material trucking market. The EU Commission proposed a regulation setting the first-ever CO2 emission performance standards for new heavy-duty vehicles. The targeted reduction in average CO2 emissions from heavy-duty vehicles in 2025 is likely to be 15% lower than in 2019. Such impositions can cause a threat to dry bulk carrier trucks as it increases operational expenditure, thus, restricting the growth of the dry bulk material trucking market. The dry bulk material trucking market is increasingly using technology for higher output and efficiency which is gaining significant popularity in the dry bulk materials trucking market. The use of technology includes artificial intelligence, automation, the use of apps, and others. For instance, in April 2020, Roger, a technology company for trucks has developed an app that will provide real-time information about the status and location of all their current loads boosting the efficiency of the businesses. The technology reduces information generation time, digitizes paperwork, tickets, and back-and-forth communication. The app will have features such as paperless tickets, fast digital payment processing, integrations with major industry ERPs, and a digital freight marketplace. In September 2020, TFI International Inc., a Canada-based transport and logistics company operating across the USA, Canada, and Mexico, acquired CCC Transportation for $6.8 million. The company acquired all the assets of CCC Transportation and related real estate and equipment. The acquisition will help TFI International Inc. to expand its footprints in the USA specialized truckload business. CCC Transportation is a USA-based bulk carrier company that offers dry vans, intermodal, dedicated fleets, logistics, and retail direct delivery. Major players in the dry bulk materials trucking market are Melvin Orr Trucking, C.H. Robinson, J.B. Hunt Transport Services Inc., YRC Freight, Swift Transportation, Landstar System Inc., Transpro Burgener, Bulkmatic, Kenan Advantage Group, and Quality Distribution. Asia Pacific was the largest region in the dry bulk materials market in 2021. North America was the second largest region in the dry bulk materials market. The regions covered in the dry bulk material market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the dry bulk materials market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global dry bulk materials market is segmented - 1) By Commodity Type: Iron Ore, Coal and Pet Coke, Grains and Agricultural Products, Cement/ Aggregates, Fertilizers, Others 2) By Application: Food and Beverages, Construction, Automotive, Energy and Mining, Agriculture, Chemicals, Others 3) By Vessel Type: Capesize, Handysize, Pananmax, Handymax 4) By End-Use: Iron Ore, Steel Products, Lumber or Log, Others

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. The main types of desiccants are silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, clay, and other types. Silica gel is defined as a non-crystalline and highly porous form of silica that is used for removing moisture from liquids and gases. It is used as a drying agent that protects certain commercial and food products. The major processes of desiccants include physical adsorption and chemical absorption. The various applications of desiccants include electronics, food, pharmaceutical, packing, air and gas drying, and other applications. 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%. 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. High-cost investment for setting up machinery is restraining the growth of the desiccants market. An increase in machinery setup cost increases the production cost of the desiccants. This may increase the end-user cost. Thus, restraining the growth of the market. Rising demand for desiccants in pharmaceuticals, chemicals, food, and beverages to control humidity in manufacturing and processing products. The rise in carbon percent and increased atmospheric temperature causes damage to products due to high moisture content in the atmosphere. Various methods of dehumidification are used by these industries to avoid moisture contents in close vicinity. For example, desiccant wheels are the most effective and economical methods used to control humidity levels for these industries. Desiccants are compounds or agents used to facilitate a low humidity environment by absorbing moisture content from the air during the storage or maintenance of materials and products. Desiccants are used in the pharmaceutical process chain. The correct selection and use of a desiccant can prevent chemical reactions and ensure the integrity and performance of finished products. For example, Pradaxa (dabigatran etexilate mesylate) is packaged in a bottle containing a 30-day supply with a desiccant (drying agent) in the cap to help keep moisture away from the capsules. In November 2019, Arsenal Capital Partners, a US-based private equity firm, acquired the healthcare packaging business of Clariant. With this acquisition, Arsenal Capital Partners rebranded the healthcare packaging business name to Airnov and aims at offering a wide range of anti-oxidation products for nutraceutical, diagnostic, and pharmaceutical markets. Major players in the desiccants market are Porocel, Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents Private Limited, and Desicca Chemicals. Asia Pacific was the largest region in the desiccants market in 2021. North America was the second-largest region in the global desiccants market. The regions covered in the global desiccants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the desiccants market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The global desiccants market 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, Air & Gas Drying, Other Applications