Press release
Desiccants Market Growth Insights and Forecast from 2024 to 2033 | Key Players BASF, Evonik Industries, W. R. Grace and Co, INEOS Corporation, Clariant, Multisorb Technologies
Desiccants Market Share
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=2597&type=smp
According to The Business Research Company's, The desiccants market size has grown strongly in recent years. It will grow from $0.16 billion in 2023 to $0.17 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the rise in disposable income, growth in the pharmaceutical industry, the increasing industrialization, growth in the packaging industry and rapid growth in e-commerce.
The desiccants market size is expected to see strong growth in the next few years. It will grow to $0.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to the increasing government support, the increasing demand from the chemical industries, the rise in the global population and rapid urbanization. Major trends in the forecast period include advanced desiccant breathers, product innovations, new bio-based moisture-adsorbing packets, technology advancements and focus on launching innovative desiccant packaging.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/desiccants-global-market-report
Market Drivers and Trends:
The rise in textile manufacturing is expected to propel the growth of the desiccants market going forward. Textile manufacturing is a process that involves the conversion of fibers into yarn, and then yarn into fabric. Desiccants can be used to control humidity in textile manufacturing and storage to prevent mold growth and maintain fabric quality. For instance, according to the National Council of Textile Organizations, a US-based mobilizing support for the textile industry, textile and apparel shipments totalled $65.8 billion in 2022. Additionally, fiber, textile, and apparel exports combined were $34.0 billion in 2021. Thus, the rise in textile manufacturing is driving the growth of the desiccants market.
There is 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 cause damage to products due to the high moisture content in the atmosphere. Various methods of dehumidification are used by these industries to avoid moisture content in their close vicinity. For example, desiccant wheels are the most effective and economical method used to control humidity levels for these industries.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
BASF, Evonik Industries, W. R. Grace and Co, INEOS Corporation, Clariant, Multisorb Technologies, The Dow Chemical Company, Absortech, Sorbead, Hengye Molecular Sieve, Benz Packaging Solutions (p) Ltd, The Focus Air Desiccant Traders, Aquasafe Silica Sales, Silica Gel Desiccant Industries, Shiv Chemicals, Astrum Packtech, Vahanvati Enterprise, Chunwang, Dingxing, Jiayuan, Taiwdry, Jiyou, Xiaowei, TOPCOD, JIELILE, Xiangyuan, Valdamark Ltd, Thompson & Capper Ltd, Aquadry, Baltimore Innovations, Geejay Chemicals Ltd, Systemation Euro, Air Dryer Technology Ltd, R-Tech Solutions Ltd, Cole-Parmer United Kingdom, Seibu Giken DST AB, PJSC Zaporizhtransformator, ADVANSTEH LTD, Romstal Ukraine LLC, Hygromedia LLC, Lancaster Packaging, Compressed Air Systems, Inc, Drytech Incorporated, LIBBS FARMACEUTICA LTDA, SPLACK, Joy Global, Brasil Indústria e Comércio Ltda, Super Dry International FZCO, Desiccant Rotors International Private Limited, FAS Arabia LLC, Dubai Chem Marine International, Dunak International Ltd, Guaranteed Source Ltd, Feyi Flosebit Ent, Best Farm Nig Ltd., Lavenjok Nig Ltd, Evi&sons Nigeria Limited.
Desiccants Market 2024 Key Insights:
• The desiccants market size is expected to see strong growth in the next few years. It will grow to $0.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
• Textile Manufacturing Expansion Fueling Desiccants Market Growth
• Desiccants In High Demand
• Asia-Pacific was the largest region in the desiccants market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=2597&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Desiccants Market Growth Insights and Forecast from 2024 to 2033 | Key Players BASF, Evonik Industries, W. R. Grace and Co, INEOS Corporation, Clariant, Multisorb Technologies here
News-ID: 3767340 • Views: …
More Releases from The Business Research Company
Segmentation, Major Trends, and Competitive Overview of the Smart Grid Communica …
The smart grid communications sector is gaining significant traction as the energy industry undergoes major transformations. With the increasing need for smarter, more efficient, and secure grid management, this market is positioned for remarkable expansion. Let's delve into the expected market size, key drivers, leading players, emerging trends, and the segmentation that defines this evolving field.
Forecasted Growth and Market Size of the Smart Grid Communications Market
The smart grid communications…
Market Trend Insights: The Impact of Recent Innovations on the Energy Management …
The energy management systems market is poised for significant expansion as the global focus on efficient energy use and sustainability intensifies. With rising adoption of renewable energy and smart technologies, this sector is set to play a crucial role in shaping future energy landscapes. Let's explore the market's projected growth, key players, emerging trends, and segmentation to understand its evolving dynamics.
Projected Size and Growth Outlook for the Energy Management Systems…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Grid …
The grid-scale battery storage sector is on the brink of remarkable expansion as energy systems evolve globally. With increasing demands for efficient, sustainable, and scalable energy solutions, this market is gaining significant attention from industry players and policymakers alike. Let's explore the market's size projections, key drivers, leading companies, emerging trends, and segmentation details to understand where this industry is headed.
Strong Growth Outlook for the Grid-scale Battery Storage Market Size…
Major Industry Participants Reinforcing Their Presence in the Biogas Market
The biogas sector is gaining significant momentum as the world looks for cleaner, renewable energy alternatives. With increasing environmental concerns and technological advancements, this industry is set to experience considerable growth and transformation in the coming years. Let's explore the market's current scale, influential players, and evolving trends shaping its future.
Projected Biogas Market Size Expansion Through 2029
The biogas market is anticipated to grow substantially, reaching a valuation of $112.09…
More Releases for Desiccant
How big is Desiccant Air Breathers Market?
Global Desiccant Air Breathers Market reached US$ 712.6 Million in 2022 and is expected to reach US$ 1166.9 Billion by 2031, growing with a CAGR of 6.3% during the forecast period 2024-2031.
A new Report by DataM Intelligence, titled "Desiccant Air Breathers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Desiccant Air Breathers market analysis. The report…
Quicklime Desiccant Market | Absortech, Aquadry, Chunwang, Clariant
The global quicklime desiccant market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the quicklime desiccant market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
Silicone Desiccant Market | Abbas, Clariant, Grace, Makall
The global silicone desiccant market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the silicone desiccant market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
New Desiccant Products at Medica 2021
This year, Baltimore Innovations will be unveiling a new range of Humidity Balancing desiccants at Medica 2021. These HUMI-BALANCE™ Sachets are ideal for applications where products need to be protected not only from moisture but also from over-drying. Visitors to the Medica Show can learn more about these new products on Stand 1F11-3 in Hall 1. The show runs from between 15th to the 18th November in Dusseldorf, Germany,…
Global Desiccant Wheel Market: Silica Gel to Remain Most Commonly Used Material …
The global desiccant wheel market is highly competitive in terms of products and services offered, observes Transparency Market Research (TMR) in a recent report. Key players in the market, including Munters AB, which earned nearly 33% of its revenues from sales of desiccant wheel products and solutions in 2015, focus on differentiating their offerings from those of their competitors and adding innovative products and services in their portfolio. “With the…
Global Desiccant Dryer Market Research Report 2017
Summary
This report studies Desiccant Dryer in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering
Atlas Copco
Ingersoll Rand
SPX FLOW
Kaeser Compressors
Sullair
KAWATA
Gardner Denver
MATSUI
Rotorcomp
BEKO
Van Air
Aircel
Parker Hannifin Corp
SMC
Star Compare
Fusheng
Risheng
Get Sample Report @ http://www.reportbazzar.com/request-sample/?pid=861542&ptitle=Global+Desiccant+Dryer+Market+Research+Report+2017&req=Sample
Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth…
