Global Liquid Desiccant Market Growth 2023-2029

Global Liquid Desiccant Market Growth 2023-2029

The global Liquid Desiccant market size is projected to grow from US$ 60 million in 2022 to US$ 89 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

The key manufacturers of Liquid Desiccant include OxyChem, Tetra Technologies, Solvay, Zirax, etc. The top four players account for about 70% of the global market, with Oxychem being the world's largest player with about 28%.

At present, North America, Europe and the Asia-Pacific region are the major markets in the world, of which North America and Europe account for about 20% respectively, and the Asia-Pacific region accounts for about 15%.

In terms of product types, calcium chloride, lithium chloride and lithium bromide are the three main subdivisions. Calcium chloride and lithium chloride accounted for about 47% respectively.

The products are mainly used in food and beverage and pharmaceutical, accounting for 46% and 36% respectively.

Liquid desiccant refers to a substance that has the ability to absorb moisture or water vapor from the air, effectively reducing the humidity or moisture content in a given environment. It is typically used in dehumidification processes to control humidity levels and improve indoor air quality in industrial processes.

LPI (LP Information)' newest research report, the “Liquid Desiccant Industry Forecast” looks at past sales and reviews total world Liquid Desiccant sales in 2022, providing a comprehensive analysis by region and market sector of projected Liquid Desiccant sales for 2023 through 2029. With Liquid Desiccant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Liquid Desiccant industry.

This Insight Report provides a comprehensive analysis of the global Liquid Desiccant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Liquid Desiccant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Liquid Desiccant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Liquid Desiccant and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Liquid Desiccant.

This report presents a comprehensive overview, market shares, and growth opportunities of Liquid Desiccant market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Calcium Chloride
Lithium Chloride
Lithium Bromide

Segmentation by application
Food and Beverage
Pharmaceutical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
OxyChem
Tetra Technologies
Solvay
Zirax
SQM
Albemarle Corporation
Livent Corporation
Ganfeng Lithium
Tianqi Lithium
Leverton Clarke

Key Questions Addressed in this Report

What is the 10-year outlook for the global Liquid Desiccant market?

What factors are driving Liquid Desiccant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Liquid Desiccant market opportunities vary by end market size?

How does Liquid Desiccant break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.