United States Desiccants Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United States desiccants market is being driven by the growing North America pharmaceutical desiccants industry, which is expected to grow at a CAGR of 4.5% in the forecast period of 2024-2032. Aided by the burgeoning food and beverage industry and the escalating demand for processed foods, the market is expected to grow significantly by 2032.
Desiccants, widely known for their hygroscopic properties, are substances that induce or sustain a state of dryness within a given environment. Commonly used desiccants include silica gel, activated charcoal, calcium sulphate, and molecular sieves. Their primary function is to absorb and hold water vapor, preventing damage and spoilage caused by humidity and moisture.
The United States desiccants market demand is notably driven by the pharmaceutical sector. With the nation being a global leader in pharmaceuticals, the role of desiccants in preserving the quality, potency, and shelf life of drugs is paramount. They are often incorporated within drug packaging to ensure the product's efficacy is maintained, especially during transportation and storage.
As per the United States desiccants market analysis, the food processing industry in the U.S. has been experiencing consistent growth, amplifying the need for desiccants. They play a critical role in maintaining the freshness of dried foods, preventing the formation of mould, and averting spoilage. With the rising consumption of processed foods and the expanding food export sector, desiccants have become a staple in ensuring the longevity and quality of food products.
Electronics and tech industries, significant contributors to the U.S. economy, also rely heavily on desiccants. These sectors utilise desiccants to prevent corrosion, dampness, and other moisture-induced damages in products like semiconductors, circuit boards, and electronic gadgets.
The growing emphasis on sustainable packaging solutions is another factor propelling the United States desiccants market growth. With consumers becoming environmentally conscious and regulations becoming stringent, industries are seeking sustainable yet effective packaging solutions. Desiccants, especially those derived from natural sources like clay, are being recognised as environmentally-friendly alternatives that do not compromise on efficacy.
The trajectory for the United States desiccants market looks promising. Powered by its diverse applications, ranging from pharmaceuticals to food processing and electronics, the market holds substantial growth potential. As industries continue to emphasise product quality, longevity, and safety, coupled with sustainable approaches, the demand for desiccants is set to witness a consistent upward trend, establishing the U.S. as a significant player in the global desiccants domain.
Market Segmentation
The market can be divided based on process of absorption, type, and application.
Market Breakup by Process of Absorption
- Physical Absorption
- Chemical Absorption
Market Breakup by Type
- Silica Gel
- Zeolite
- Activated Alumina
- Activated Charcoal
- Calcium Chloride
- Clay
- Others
Market Breakup by Application
- Foods
- Electronics
- Pharmaceuticals
- Packing
- Air and Gas Drying
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States desiccants market. Some of the major players explored in the report by Expert Market Research are as follows:
- Clariant Ltd
- Drytech Inc.
- Wisesorbent Technology Llc
- Multisorb Filtration Group
- W. R. Grace & Co
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.