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Desiccants Global Market Report 2022

Desiccants Global Market Report 2022

  • May 2022
  • 175 pages
  • ID: 6281567
  • Format: PDF
  • The Business Research Company


Table of Contents

Major players in the desiccants market are Porocel, Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents Private Limited, and Desicca Chemicals.

The global desiccants market is expected to grow from $0.145 billion in 2021 to $0.154 billion in 2022 at a compound annual growth rate (CAGR) of 6.0%. The market is expected to grow to $0.19 billion in 2026 at a CAGR of 4.9%.

The desiccants market consists of sales of desiccants materials or products.Desiccants absorb the moisture from the surroundings and prevent the products from getting damaged due to moisture.

Desiccant materials include silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, clay, and others.

The main types of desiccants are silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, clay, and other types.Silica gel is defined as a non-crystalline and highly porous form of silica that is used for removing moisture from liquids and gases.

It is used as a drying agent that protects certain commercial and food products.The major processes of desiccants include physical adsorption and chemical absorption.

The various applications of desiccants include electronics, food, pharmaceutical, packing, air and gas drying, and other applications.

Asia Pacific was the largest region in the desiccants market in 2021.North America was the second-largest region in the desiccants market.

The regions covered in the desiccants report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Increasing demand for desiccants in the packaging industry combined with that in consumer products drives the growth of the desiccants market.Desiccants packets are tiny sachets that contain bentonite clay, silica gel, molecular sieve, or other absorbent products to protect goods from humidity, moisture, odors, and other damaging elements.

High humidity and moisture in the air lead to product damage in consumer goods, medical devices, and pharmaceutical products.

High-cost investment for setting up machinery is restraining the growth of the desiccants market.An increase in machinery setup cost increases the production cost of the desiccants.

This may increase the end-user cost. Thus, restraining the growth of the market.

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 causes damage to products due to high moisture content in the atmosphere.

Various methods of dehumidification are used by these industries to avoid moisture contents in close vicinity. For example, desiccant wheels are the most effective and economical methods used to control humidity levels for these industries.

Desiccants are compounds or agents used to facilitate a low humidity environment by absorbing moisture content from the air during the storage or maintenance of materials and products.Desiccants are used in the pharmaceutical process chain.

The correct selection and use of a desiccant can prevent chemical reactions and ensure the integrity and performance of finished products. For example, Pradaxa (dabigatran etexilate mesylate) is packaged in a bottle containing a 30-day supply with a desiccant (drying agent) in the cap to help keep moisture away from the capsules.

In November 2019, Arsenal Capital Partners, a US-based private equity firm, acquired the healthcare packaging business of Clariant. With this acquisition, Arsenal Capital Partners rebranded the healthcare packaging business name to Airnov and aims at offering a wide range of anti-oxidation products for nutraceutical, diagnostic, and pharmaceutical markets.

The countries covered in the desiccants market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

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