Global industry analysis
The drying agents market is a fast-growing industry offering a wide range of desiccants and technologies to meet a variety of needs. Desiccants are chemicals that reduce the water content of a liquid or solid to speed up the evaporation process and help preserve the product.
The term “desiccant” refers to desiccants, which are inorganic compounds used throughout the adsorption process and in numerous end-user applications and industries. Humectants are natural and tend to absorb moisture from the surrounding atmosphere.
The drying agents market is mainly consumed in applications such as electronics, pharmaceuticals, and food, and the products are vulnerable to attack by water and moisture, resulting in reduced performance and loss of efficiency.
Its highly polar properties allow for its ability to dissolve or absorb significant numbers of water molecules. Due to their ability to absorb moisture, desiccants help reduce atmospheric humidity, protecting products and materials from deterioration.
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Desiccants often operate on the principle of physical absorption by trapping water molecules within interstitial and capillary pores. Sometimes, however, the desiccant undergoes chemical absorption, which involves the reaction of moisture with the desiccant to form a new mixture. Ideally, the desiccant is chemically inert and chemically stable.
However, in some applications, such as chemical laboratories, desiccants are often ineffective because they come in direct contact with harsh chemicals and solvents.
There are many types of desiccants on the commercial market available in different shapes, sizes and grades to meet the unmet needs of different applications. Desiccants play an important role in industries such as food and beverage and pharmaceuticals by keeping products intact from moisture and maintaining a desirable environment for products during transport and delivery activities.
More industries where desiccants are employed are construction, chemical processing, electrical electronics and consumer goods.
Drying agents market – Market Dynamics
Its excellent ability to absorb and absorb moisture from its surroundings helps make desiccants a good material choice for a variety of applications. This roadmap to be adopted by numerous desiccant industries is expected to be witnessed during the forecast period.
The expansion of these industries is expected to create demand space for desiccants in the near future. Additionally, effective transport activities for food and pharmaceuticals are expected to create high levels of demand for desiccants.
Changing consumer preferences and a shift towards the use of packaged foods are expected to create growth opportunities for desiccant manufacturers. Additionally, many major manufacturers are focusing on the penetration of desiccant-based products, which may further create market space for the drying agents market.
Chemical absorption is substantially more effective than physical absorption. However, the high cost associated with the formulation of chemical absorption based desiccants is providing room for the demand for physical absorption based desiccants. However, when the desiccant comes in contact with the human body, it absorbs moisture from the human body, which can cause serious harm. To avoid this outcome, the desiccant requires special packaging.
Drying agents market: Segmentation
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Drying agents market: Regional Trends
Asia Pacific is the largest region for desiccants in terms of consumption and production. China and India are the leading countries in this region. The chemical, pharmaceutical and electronics industries in these countries are expected to grow significantly, further creating demand for desiccants in the region.
Desiccants in North America and Europe are expected to grow driven by growth in the food packaging industry. Latin America and MEA are expected to witness significant growth due to increased consumption of pharmaceuticals. Manufacturers are developing Russia, Poland and other Eastern European countries as manufacturing centers for desiccant production.
Examples of some of the market participants in the global drying agents market identified along the value chain include:
- Dow Chemical Company
- Ineos Co., Ltd.
- Solvay SA
- Merck Millipore
- spartan chemistry
- Citex Co., Ltd.
- style
- Alpha Chemical Services
- Hydrite Chemical Company
- Silica Gel Desiccant Products Co.(주)
The research report provides a comprehensive assessment of the market and contains in-depth information, facts, historical data, and statistically supported and industry-validated market data.
It also contains projections using appropriate assumptions and methodologies. The research report provides analysis and information based on market segments such as geography, technology, and application.
This report covers a comprehensive analysis of:
- market segment
- market dynamics
- market size
- offer and demand
- Current trends, issues and challenges
- competition and related companies
- technology
- value chain
Regional analysis includes:
- North America (USA, Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Western Europe (Germany, Italy, France, UK, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia, Rest of Eastern Europe)
- ceramic
- India
- japan
- SEA and others (ASEAN, Australia and New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, N. Africa, Rest of MEA)
This report is a compilation of first-hand information from industry analysts, qualitative and quantitative assessments, inputs from industry experts, and industry participants across the value chain.
The report provides an in-depth analysis of driving factors along with key market trends, macroeconomic indicators and segment-based market attractiveness. The report also maps the qualitative impact of different market factors across market segments and geographies.
Highlights of the report:
- A detailed overview of the top markets
- Changing market dynamics of the industry.
- deep market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- competitive landscape
- Strategies of major players and products offered
- Potential and niche segments, geographic areas with promising growth
- A neutral view of market performance
- Essential information for market participants to maintain and improve their market position.
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