Global Desiccant Dehumidifier Market Growth 2019-2024

A desiccant dehumidifier operates on a totally different principle to a refrigerant type. The main benefit of a desiccant dehumidifier is that it performs exceptionally well when used in cooler climates, or when a low dew point is required. As there is no actual water produced during the process, these units can work effectively at sub-zero temperatures.
In the coming years there is an increasing demand for desiccant dehumidifiers in the regions of North America and Europe that is expected to drive the market for more advanced desiccant dehumidifiers. Increasing of industrial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of desiccant dehumidifiers in developing countries will drive growth in global market.
Globally, the desiccant dehumidifiers industry market is low concentrated as the manufacturing technology of desiccant dehumidifiers is relatively matures than some high-tech equipment. And some enterprises, like Munters, Park, Ingersoll Rand, Atlascopco, etc. are well-known for the wonderful performance of their desiccant dehumidifiers and related services. At the same time, Asia-Pacific, occupied 39.49% sales market share in 2017, is remarkable in the global desiccant dehumidifiers industry because of their lowest cost of raw material and labor.
The consumption volume of desiccant dehumidifiers is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of desiccant dehumidifiers industry may not keep that fast. But it is surely forecasted that the market of desiccant dehumidifiers is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

According to this study, over the next five years the Desiccant Dehumidifier market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 650 million by 2024, from US$ 520 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Desiccant Dehumidifier business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Desiccant Dehumidifier market by product type, application, key manufacturers and key regions and countries.

This study considers the Desiccant Dehumidifier value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Tower Type
Rotor Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Energy
Chemical
Electronic
Food & Pharmaceutical
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Munters
Park
Ingersoll Rand
Atlascopco
Stulz Air Technology
Kaeser
Trotec
Quincy
Seibu Giken DST
SPX (Hankison)
Condair
Star Compare
Rotorcomp
Zeks
Sullair
Risheng
Fisen
Desiccant Technologies Group
Cotes
Dehutech
Ebac

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Desiccant Dehumidifier consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Desiccant Dehumidifier market by identifying its various subsegments.
Focuses on the key global Desiccant Dehumidifier manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Desiccant Dehumidifier with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Desiccant Dehumidifier submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.