Industrial Dehumidifier Market growing at a CAGR of 5.2% & projected to reach $1411.7 billion

The industrial dehumidifier market, valued at $839.3 million in 2021, is projected to reach $1,411.7 million by 2031, growing at a CAGR of 5.2% from 2022 to 2031. Industrial dehumidifiers are essential in process and manufacturing industries, reducing and controlling humidity in warehouses, corporate offices, garages, and factories. They work by circulating air over condenser coils containing refrigerant, which condenses moisture collected in a tank. The main components of industrial dehumidifiers are the fan compressor, reheater, compressor cooling coils, and reservoir unit.

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High humidity levels can corrode machinery and promote bacterial growth, posing health risks. Industries like pharmaceuticals and food & beverages produce significant humidity and require dehumidifiers to prevent contamination and ensure product safety. The electronics industry, driven by rising demand for electronic products and e-commerce growth, also relies on dehumidifiers to protect sensitive components from moisture. The e-commerce boom has increased the number of warehouses, further boosting the demand for industrial dehumidifiers.

Major players like Refcon Technologies & Systems Pvt. Ltd. and Risen Thermohygro Services Pte. Ltd. offer a wide range of advanced dehumidifiers to remain competitive. The COVID-19 pandemic initially disrupted production and reduced spending on industrial dehumidifiers. However, as the situation improved and vaccination rates increased, manufacturing resumed at full capacity, showing signs of recovery.

Industrialization in southern Asia and government support for small-scale industries in developing countries are expected to drive market growth. The industrial dehumidifier market is segmented by type (refrigerant, adsorption, others), installation (floor, ceiling), and end-user industry (food & beverages, pharmaceuticals, electronics, warehousing, others). Regionally, Asia-Pacific held the largest market share in 2021, driven by the growth of the pharmaceutical industry.

Key companies profiled in the market include Bry-Air, Carrier Global Corporation, Condair Group, Dantherm Group, Johnson Controls International Plc, Munters Group AB, and Trane Technologies Plc. This report provides a quantitative analysis of market trends, key drivers, and opportunities, along with Porter's five forces analysis and market player positioning to assist stakeholders in making informed business decisions.

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