About Desiccant Dryer
The desiccant dryer is used for drying air in pneumatic systems or storage tanks. It absorbs moisture from the air stream and onto a desiccant material in a reversible process and are useful in the drying process of water-absorbing resins. These dryers eliminate water from the air by passing it through a desiccant that absorbs moisture. Desiccant dryer market has high growth prospects owing to increasing demand from the end-use industries including electronics, food & beverage, oil & gas, pharmaceuticals, construction, and others
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Desiccant Dryer market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Atlas Copco (Sweden), Ingersoll Rand (Ireland), SPX FLOW (United States), Kaeser Compressors (India), Sullair (United States), KAWATA MFG. CO., LTD. (Japan), Gardner Denver (United States), Rotorcomp (Germany) and Van Air (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Desiccant Dryer market by Type (Heatless dryers, Heated purge dryers and Blower purge dryers), Application (Electronics, Food & Beverage, Oil & Gas, Pharmaceuticals, Construction industry and Others) and Region.
On the basis of geography, the market of Desiccant Dryer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Desiccant Dryer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Applications of Heatless Dryers for Mobile, Remote, or Hazardous Locations
Market Growth Drivers:
Minimal Dew Points Can Be Achieved Without Potential Freeze-Up and Growing Industrialization Worldwide
Challenges:
Less Spending On R&D by the Existing Players
Restraints:
High Initial Capital Investment and Lack of Skilled Professionals
Opportunities:
Rising Demand from the Oil & Gas Industry and Growing Demand from the Developing Economies
Market Leaders and their expansionary development strategies
In October 2022, Ingersoll Rand Inc, a global provider of mission-critical flow creation and industrial solutions, has entered into an agreement to acquired SPX FLOW’s Air Treatment business for approximately USD 525 million.
In October 2020, SPX Flow Launches New Range of Modular Desiccant Dryers. A new range of small low-flow, modular desiccant air dryers for critical air quality applications has been launched by SPX Flow configured for the North American and LATAM markets.
Key Target Audience
Desiccant Dryer Manufacturers, Electronic Component Providers, Technology Providers, Potential Investors, Government and Research Organizations, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.