Desiccant Dehumidifier Market worth $749 million by 2028

1. MarketsandMarkets Presents Desiccant Dehumidifier Market worth $749 million by 2028 Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Global Forecast to 2028 https://www.marketsandmarkets.com/Market-Reports/desiccant-dehumidifier-market-2593005.html

2. The Desiccant Dehumidifier Market is projected to grow from USD 578 million in 2023 to reach USD 749 million by 2028; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth of the desiccant dehumidifier market is driven by the increasing adoption of desiccant dehumidifiers in various industries, increasing government regulatory policies and incentives for clean energy are the major factors driving the growth of the desiccant dehumidifier market. Browse in-depth TOC on "DesiccantDehumidifierMarket"124 – Tables51 – Figures232 – Pages

3. By product type, the fixed or mounted type desiccant dehumidifiers are projected to hold the largest share of the desiccant dehumidifier market during the forecast period. The fixed or mounted desiccant dehumidifier segment held the larger market share in 2022, and the portable segment is expected to exhibit higher growth during the forecast period. Portable dehumidifiers are typically lightweight and compact; some models are even equipped with wheels for easy mobility. These portable desiccant dehumidifiers are increasingly being adopted in gyms, basements, sports arenas, and commercial spaces where low-capacity desiccant dehumidifiers are required. Factors like rising investments in product innovation for portable desiccant dehumidifiers also enable the segment's high growth rate in the desiccant dehumidifier market.  Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=2593005 By application, the electronics segment is projected to exhibit the highest CAGR during the forecast period. The electronics application is expected to account for the highest growth of the desiccant dehumidifier industry, as desiccant dehumidifiers are deployed in the manufacturing of electronic devices ranging from the smallest embedded systems and handheld devices to large mainframes and supercomputers. They are used to protect electronic control equipment and bus bars from corrosion and problems caused by flashovers. Excessive humidity/moisture causes corrosion of 'circuit points,' condensation on a microchip's circuit surface, and improper adhesion causing operational failure of the semiconductor. For the protection of electronics and to provide the right working environment, desiccant dehumidifiers are used.

4. North America is expected to hold the largest share in the market by 2028. The North American region is expected to hold the largest share of the desiccant dehumidifier market during the forecast period. The US is a major contributor to the growth of the desiccant dehumidifier market in North America. This can be attributed to the increasing adoption of desiccant dehumidifiers across various applications such as food production and processing, where desiccant dehumidifiers aid in maintaining ideal moisture levels, thereby preventing food quality degradation. Desiccant dehumidifiers are widely used and accepted systems in industrial and commercial applications in North America that require specific humid conditions in food processing, warehousing industry, storage, and pharmaceutical manufacturing. They are also installed in supermarkets and waterworks facilities. With the expansion of manufacturing units, warehouses, water treatment facilities, and lithium-ion battery production plants in North America, there is a growing need for desiccant dehumidifiers to maintain appropriate humidity levels. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=2593005 Major players operating in desiccant dehumidifier companies include Munters (Sweden), Bry-Air (India), Condair Group  (Switzerland), Cotes (Denmark), Seibu Giken DST (Sweden), Trotec (Austria), DehuTech AB™ (Sweden), Fisen Corporation (US), Atlas Copco (Sweden), and Parker Hannifin Corporation (US).

5. Desiccant Dehumidifier Ecosystem

6. Opportunity: Ongoing developments in the desiccant dehumidifier technology to contribute to the market growth Recent advancements in desiccant dehumidification technology, like liquid desiccant dehumidification technology, are becoming increasingly attractive due to their highly efficient utilization of low-grade heat and its effectiveness in dehumidification. Using this technology, energy-efficient air conditioning systems have been developed, which demonstrated superiority over the traditional vapor compression type system by allowing both temperature and humidity to be controlled independently. The desiccant-coated heat exchangers (DCHEs) performance strongly depends on the adsorption and desorption characteristics of the employed desiccant material. While several attempts have been made to synthesize superior desiccants, the DCHE performance has not reached its highest potential due to challenges associated with the limited working capacity of conventional pure/composite desiccants. Two novel advanced desiccants, composite superabsorbent polymers (SAPs) and metal-organic frameworks (MOFs), have been under development. The composite SAPs offer superior sorption capacity, faster kinetics, and low regeneration possibility while the MOFs provide excellent hydrophilicity and tailorable structures. These desiccants are deemed to be the next generation of advanced materials in thermally driven dehumidifiers. Challenge: Limitations in terms of applications for desiccant dehumidifiers Desiccant dehumidifiers are best suited for low-temperature and low-humidity environments, such as industrial or commercial settings. They may not be as effective in residential or high-humidity environments. Additionally, refrigerant-based dehumidifiers are typically more effective at removing moisture from the air in residential spaces. The desiccant dehumidifiers tend to be more expensive to operate than compressor-based dehumidifiers. This is because they require a constant supply of energy to heat and regenerate the desiccant material, which can drive up the energy bills over time.

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