Global Desiccant Dehumidifiers Market to Reach US$767.7 Million by 2030
The global market for Desiccant Dehumidifiers estimated at US$587.9 Million in the year 2023, is expected to reach US$767.7 Million by 2030, growing at a CAGR of 3.9% over the analysis period 2023-2030. Industrial Application, one of the segments analyzed in the report, is expected to record a 4.2% CAGR and reach US$464.7 Million by the end of the analysis period. Growth in the Residential Application segment is estimated at 3.2% CAGR over the analysis period.
The U.S. Market is Estimated at US$162.8 Million While China is Forecast to Grow at 5.6% CAGR
The Desiccant Dehumidifiers market in the U.S. is estimated at US$162.8 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$97.5 Million by the year 2030 trailing a CAGR of 5.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 3.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Global Desiccant Dehumidifiers Market - Key Trends & Drivers Summarized
Desiccant dehumidifiers are specialized devices designed to remove moisture from the air using desiccants, which are substances that absorb and retain water vapor. Unlike traditional refrigerant dehumidifiers that rely on cooling coils to condense moisture, desiccant dehumidifiers operate effectively at lower temperatures and humidity levels. This makes them particularly suitable for environments where maintaining low humidity is crucial, such as in storage facilities, museums, and industrial processes. These dehumidifiers work by passing air through a desiccant material, often silica gel, which adsorbs the moisture. The air is then reheated and circulated back into the space, while the desiccant is regenerated through heating, releasing the absorbed moisture into the exhaust air. This continuous process ensures efficient dehumidification even in cold and damp conditions.
The technology behind desiccant dehumidifiers has seen significant advancements, enhancing their efficiency and applicability across various sectors. Modern desiccant dehumidifiers come equipped with advanced features such as programmable controls, energy-efficient motors, and high-capacity desiccant wheels that provide superior moisture removal rates. The demand for these dehumidifiers has been on the rise due to their ability to maintain stringent humidity levels required in pharmaceutical manufacturing, food processing, and electronics production. Additionally, their use in maintaining the integrity of sensitive archival materials and preventing mold growth in museums and libraries highlights their importance in preserving cultural artifacts. The versatility of desiccant dehumidifiers also extends to residential applications, particularly in basements and crawl spaces where moisture control is essential to prevent structural damage and improve indoor air quality.
The growth in the desiccant dehumidifiers market is driven by several factors, including the increasing need for humidity control in industrial and commercial applications. The expansion of industries such as pharmaceuticals, electronics, and food processing, which require precise humidity conditions, has significantly boosted the demand for desiccant dehumidifiers. Technological advancements have led to more energy-efficient and compact designs, making these dehumidifiers more accessible and practical for a wider range of applications. Additionally, the growing awareness of indoor air quality and the health risks associated with high humidity levels have spurred demand in residential markets. The trend towards green building practices and the adoption of energy-efficient HVAC systems are further contributing to market growth. Furthermore, the rising occurrence of extreme weather conditions, which can lead to increased indoor humidity, underscores the importance of effective dehumidification solutions. As a result, the market for desiccant dehumidifiers is expected to continue its upward trajectory, driven by these multifaceted factors and ongoing innovations in the field.
Select Competitors (Total 72 Featured) -Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook