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Desiccants Market Trend, Business Opportunities, Challenges, Drivers And Restraint Research Report By 2032
Year End Offer By The Business Research Company - Get 33% Discount On Opportunities And Strategies Reports And 25% Discount On Global Market ReportsThe Business Research Company's latest "Global Desiccants Opportunities And Strategies Market Report - Forecast To 2032" is the most comprehensive report available in market that will help gain a truly global perspective with data and statistics from over 60 geographies analyzed with more than 7500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth and highlights important trends and strategies that can be adopted to beat the competition in the industry
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The global desiccants market reached a value of nearly $1,122.4 million in 2022, having grown at a compound annual growth rate (CAGR) of 4.8% since 2017. The market is expected to grow from $1,122.4 million in 2022 to $1,459.2 million in 2027 at a rate of 5.4%. The market is then expected to grow at a CAGR of 6.5% from 2027 and reach $2,002.1 million in 2032.
A desiccant is a hygroscopic substance used to keep a dry environment. Desiccants produce and maintain a moisture-free atmosphere by removing humidity from the air. Electronics, clothing, cosmetics, pharmaceuticals, and vitamins, among a vast range of other things, can all be harmed by moist, wet conditions. Moisture fosters conditions that are vulnerable to bacterial growth, mold and fungus, and deterioration. Corrosion and permanent damage are risks associated with moisture in electronics. Desiccants can be used to stop this harm from happening.
Companies operating in the desiccants market are focusing on advanced desiccants breathers to develop new products. Advanced desiccant breathers are designed to control moisture in the air and fluids that come into contact with industrial equipment. They use desiccant materials to absorb moisture and prevent it from entering the equipment, which can cause corrosion and other damage.
Desiccants Market Segmentation:
By Type: Silica Gel, Zeolite, Activated Alumina, Activated Charcoal, Calcium Chloride, Clay
By Process: Physical Absorption, Chemical Absorption
By Application: Electronics, Food, Pharmaceutical, Packing
Some of the key players involved in the Desiccants market are BASF, Evonik Industries, W. R. Grace and Co, INEOS Corporation, Clariant.
The regions covered in the global Desiccants market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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A Few Points From The Table Of Content
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……
19. Competitive Landscape And Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Desiccants Market, Conclusions And Recommendations
23. Appendix
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