Up Market Research published a new report titled “Desiccants Market research report which is segmented by Types (Physical Absorption, Chemical Absorption), By Applications (Electronics, Food, Pharmaceutical, Packing, Air & Gas Drying, Others), By Players/Companies Porocel, The Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents, Desicca Chemicals”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
The global desiccants market is projected to grow from USD 3.8 billion in 2017 to USD 4.5 billion by 2028, at a CAGR of 2.3%. The physical absorption segment accounted for the largest share of the market in 2017 and is expected to continue its dominance throughout the forecast period. North America will be one of the fastest-growing regions during this time frame owing to increasing investments towards food safety initiatives and growing demand for desiccant products as a result of changing weather patterns.
Desiccants are a group of materials that can efficiently remove water from solids or liquids by either absorbing the moisture, changing its physical state into gas and/or chemically decomposing it. They are mostly used for drying processes in industrial settings like electronics manufacturing plants, food processing facilities, pharmaceutical hubs, etc.
Desiccant can also refer to any substance used to dry out something else; for example, calcium chloride may be referred to as “desiccant salt” when it's being used for this purpose.
On the basis of type, the Desiccants market is segmented into physical absorption and chemical absorption.
Physical desiccant products are composed of granules that absorb moisture due to a large surface area which facilitates rapid diffusion through capillary action. As they consist of natural ingredients such as silica gel and clay minerals (among others), there is little risk of chemicals being released into the environment when disposed of properly. These agents come with different functionalities depending on their size - some have high bulk density while others offer low thermal conductivity.
Physical desiccants are used in the electronics industry to protect sensitive electronic components against moisture, as well as for drying purposes across a range of industries including pharmaceutical and food manufacturers. Physical desiccants such as silica gel, zeolite are most commonly used in various applications for their ability to absorb water vapor without the need for any external heat or other chemicals.
Chemical absorption desiccants are a type of desiccant that relies on chemicals to adsorb and remove moisture. The process is generally slow but also removes water molecules from the air or other fluids through chemical reactions. These substances will release stored energy in order to react with the water molecule they’ve absorbed. Chemical absorption can be used for removing volatile organic compounds (VOCs) and pesticide residues left behind by some pesticides during processing because it is thought these contaminants may form harmful gases if not removed. Chemicals such as sulfuric acid, nitric acid, hydrochloric acid, phosphoric acid, and calcium chloride are most commonly used for absorption desiccants.
This type of desiccant is often found in the food industry because it has a low-risk level and can remove moisture without much cost to the company or consumer if any at all, unlike other methods such as freeze-drying which is an expensive process that needs to be done by professionals under controlled conditions. Chemical absorption also works well with large spaces like warehouses where space isn't limited, buildings with many windows will see less efficiency while closed structures will see more efficiency.
On the basis of application, the desiccants are segmented into electronics, food, pharmaceuticals, packing materials, air & gas drying.
The application of desiccants in the electronics industry is to maintain a dry, clean environment. It reduces moisture and other forms of contamination; thereby enhancing product reliability. In addition, it improves heat transfer which leads to lower operating temperature and improved power efficiency.
In the food industry, desiccants are commonly used in packaging to prevent mold and spoilage of food. Desiccant packets form a physical barrier between moisture-sensitive products such as cereal or pet food and air which may contain humidity. A common example is silica gel inside an oxygen absorber packet (“oxygen scavenger”) for canned foods.
In pharmaceuticals, they can be applied to remove water from drugs or stabilize them against humidity. For these applications, equilibrium chemistry is often not required because factors such as temperature changes, pH levels, and concentration do not affect the rate at which adsorbent molecules will interact with a gas molecule (which removes it). Chemical absorption desiccants are used primarily for pharmaceutical applications, in order to prevent the degradation of drugs. They function by absorbing water molecules from the air and releasing them into a solid-state (releasing heat as they do so). This prevents drugs or other substances from being exposed to damp conditions that could cause their structure to break down.
In packing materials, desiccants are used to remove moisture from the air within packages. This keeps foods such as dried fruit and vegetables free of mold spores that could contaminate them if left unchecked. It also helps keep inessential odors like pet fur or smoke at bay during transport.
Desiccants are used to remove moisture from the air and help dry outgases. They do this by either absorbing or chemically reacting with water vapor present in these substances, which is then transferred to a solid material like silica gel.
On the basis of the region, the global desiccants market is segmented into North America, Europe, Latin America, and the Asia Pacific. In 2016, the North American region occupied a larger market share of the global desiccant demand owing to higher consumption in this region as compared to other regions, and increasing industrialization across various sectors which will lead towards increased usage of chemical absorption-type desiccant products. In 2016, North American accounted for a share of more than 82% of the global demand for desiccants is largely driven by the rapidly evolving electronics industry.
The global market for desiccants has been witnessing a progressive shift in demand from physical to chemical absorption-type because of their increased efficiency and effectiveness.
Growth in the food and pharmaceutical industries will increase demand for desiccants. Increased use of desiccants to remove moisture from processed foods, which helps prevent spoilage, provides growth opportunities for this market. Furthermore, an increasing number of players are expanding their product portfolio by introducing novel packaging materials that can be used at elevated ambient temperatures without adversely affecting the quality or taste of a packaged food item.
|Report Attributes||Report Details|
|Report Title||Desiccants Market Research Report|
|By Type||Physical Absorption, Chemical Absorption|
|By Application||Electronics, Food, Pharmaceutical, Packing, Air & Gas Drying, Others|
|By Companies||Porocel, The Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents, Desicca Chemicals|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||226|
|Number of Tables & Figures||159|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Physical Absorption, Chemical Absorption and By Application Electronics, Food, Pharmaceutical, Packing, Air & Gas Drying, Others.
Some of the companies that are profiled in this report are:
Desiccants Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Desiccants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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