Desiccant Dehumidifiers: Market Analysis and Trends

The desiccant dehumidifier market was valued at USD 578 million in 2023 and is estimated to reach USD 749 million by 2028, registering a CAGR of 5.3% during the forecast period.

The growth of the desiccant dehumidifier market is governed by the increasing adoption of desiccant dehumidifiers in various industries, increasing government regulatory policies, and incentives for clean energy.

Key Players:
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). Apart from this, Parker Hannifin Corporation (US), Airwatergreen AB (Sweden), Sunpentown Inc. (US), SPX Flow Technology Germany GmbH (US), Quincy Compressor (US).

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Fixed or mounted type desiccant dehumidifiers to hold larger market share during the forecast period

In 2022, the Fixed or Mounted Desiccant Dehumidifier segment accounted for the larger share of the desiccant dehumidifier market. This can be attributed to the growing expansion of manufacturing units, warehouses, water treatment facilities, and lithium-ion battery production plants across the globe. These plants and facilities require large desiccant dehumidifiers, which cannot be moved owing to the large area.

Industrial end user segment account for the largest share of the desiccant dehumidifier market for during the forecast period

In 2022, the Industrial segment held the largest share of the desiccant dehumidifier market owing to the wide range of applications for desiccant humidifiers for industries such as pharmaceuticals, manufacturing, food and beverage, energy and utility, and electronics. Additionally, desiccant dehumidifiers can provide effective humidity control in a cost-effective and energy-efficient manner while offering greater flexibility and reduced maintenance requirements compared to other techniques, such as refrigerant dehumidifiers. This enables the companies to choose a desiccant dehumidifier for their facilities. These factors are boosting market growth.

Desiccant dehumidifier market in Asia Pacific estimated to grow at the fastest rate during the forecast period

The desiccant dehumidifier market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. China, Japan, and India are among a few major contributors to Asia Pacific's desiccant dehumidifier system market. Growing construction activities and industrialization are a few key factors boosting the growth of the desiccant dehumidifier systems market in the region. The presence of many electronics industries across countries like China and South Korea is likely to fuel the demand for desiccant dehumidifiers in these industries for humidity control and protecting electronic control equipment from corrosion and problems caused by flashovers. Asia Pacific is experiencing significant growth in commercial construction activities, which is being driven by a combination of factors such as increasing urbanization, growing population, and rising economic development in the region. The growing need for infrastructure development is also driving commercial construction activities in Asia Pacific.