Desiccants Market is Anticipated to Expand upto $1.6 Billion in 2029

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What Is the Forecasted Market Growth Rate of the Desiccants Industry?
Over the past few years, the market size for desiccants has shown consistent growth. It is projected to escalate from $1.24 billion in 2024 to $1.29 billion in 2025, with a compound annual growth rate (CAGR) of 3.9%. This growth during the historic period can be credited to the robust economic development in emerging markets, uptick in disposable income, expansion in the pharmaceutical sector, increased industrialization, growth in the packaging industry, and a swift surge in e-commerce.

How Will the Desiccants Market Size Evolve From 2025 to 2029?
The market size for desiccants is anticipated to witness substantial expansion in the coming years. The market is forecasted to reach $1.6 billion by 2029, portraying a compound annual growth rate (CAGR) of 5.7%. The surge in the projected period is due to factors such as enhanced government backing, rising demand from the chemical sectors, global population growth, and swift urbanization. Key trends during this forecast phase encompass highly advanced desiccant breathers, product innovation, newly introduced bio-based moisture-absorbing sachets, progression in technology and a strong emphasis on the unveiling of resourceful desiccant packaging.

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What Are the Main Growth Drivers in the Desiccants Market Today?
The anticipated increase in textile production is predicted to boost the desiccants market's expansion. The process of textile production involves transforming fibers into yarn, which is then made into fabric. Desiccants play a crucial role in managing humidity within the textile production and storage environments, safeguarding against mold development and preserving fabric integrity. For instance, the National Council of Textile Organizations, a US entity advocating for the textile industry, reported that textile and clothing shipments reached $65.8 billion in 2022. Furthermore, the combined exports of fiber, textiles, and clothing amounted to $34.0 billion in 2021. Therefore, the expected surge in textile production is propelling the desiccants market's upward trajectory.

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Which Desiccants Market Segment Is Expected to Lead Through 2029?
The desiccants market covered in this report 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, Other Applications

Subsegments:
1) By Silica Gel: Standard Silica Gel, Indicating Silica Gel, Non-indicating Silica Gel
2) By Zeolite: Natural Zeolite, Synthetic Zeolite, Molecular Sieves
3) By Activated Alumina: Spherical Activated Alumina, Granular Activated Alumina
4) By Activated Charcoal: Granular Activated Charcoal (GAC), Powdered Activated Charcoal (PAC)
5) By Calcium Chloride: Pelleted Calcium Chloride, Flake Calcium Chloride
6) By Clay: Bentonite Clay, Fuller's Earth
7) By Other Types: Montmorillonite Clay, Bio-Based Desiccants, Other Specialty Desiccants

Which Market Trends Are Expected to Dominate Desiccants Industry Growth?
The demand for desiccants in industries such as pharmaceuticals, chemicals, food, and beverages is escalating due to the need to manage humidity during the manufacturing and processing of products. The escalation in carbon percentage and heightened atmospheric temperature contribute to product damage, attributed to the substantial moisture content in the air. Numerous dehumidification techniques are employed by these industries to maintain a moisture-free environment in their immediate surroundings. Desiccant wheels, for instance, are relied upon as the most cost-effective and efficient method of managing humidity levels in these sectors.

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Which Companies Hold the Largest Market Share in the Desiccants Sector?
Major companies operating in the desiccants market include 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

Where Is the Desiccants Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the desiccants market in 2024. North America was the second-largest region in the global desiccants market. The regions covered in the desiccants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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