Desiccant Wheel Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Desiccant Wheel Market (Desiccant Type - Silica Gel, Molecular Sieve, and
Activated Alumina; Application - Pharmaceutical, Food Industries, Chemical,
Electronics, and Warehousing) - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2016 - 2024
Global Desiccant Wheel Market: Snapshot
Desiccant wheels are experiencing a vast rise in demand from a number of industry verticals such as food
and beverages, chemicals, and pharmaceuticals for maintaining the regulatory standards associated to the
relative humidity (RH) levels in production infrastructures. In the next few years, reduction in electricity
costs and portability of desiccant dehumidifiers are expected to increase the popularity of desiccant wheels
on a global front. Furthermore, desiccant dehumidifiers have demonstrated their ability to be much more
effective than compressor-based dehumidifiers when it comes to extracting moisture in short time spans.
Transparency Market Research states that the global desiccant wheel market will expand at a healthy pace
in the next few years. The market is estimated to expand at a 4.9% CAGR from 2016 to 2024. If the number
holds true, the market, which valued at US$296.5 mn in 2015, is expected to rise to US$ 463.0 mn by
2024.
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Silica Gel to Retain Position as Dominant Desiccant Variety
Of the key varieties of desiccants commonly used in desiccant wheels in the global market, including
activated alumina, molecular sieve, and silica gel, the segment of silica gel led, holding a nearly 68% of
the global market in 2015. The segment dominated chiefly owing to silica gel’s comparatively cheaper
costs than other alternatives. Silica gel desiccant wheels are also known to have extremely good moisture
adsorption capabilities, resulting in the production of dryer air. Furthermore, silica gel desiccants are considered
to be safe for use in food and beverage industry by several regulating authorities. Also, silica gel
is non-flammable and has a higher shelf life, resulting in durable desiccant wheels.
In terms of key application areas of silica gel desiccants, their applications in the food industry accounted
for a significant share in the segment’s overall revenue valuation in 2015. The food industry has a high
adoption rate of desiccant wheels due to the new and improved manufacturing processes requiring dry
environment. Food safety rules and regulations have forced enterprises to install desiccant dehumidifiers
within manufacturing facilities. Other desiccant varieties can contaminate the perishable goods present
within the premises.
This 288-page report gives readers a comprehensive overview of the Desiccant Wheel Market. Browse
through 93 data tables and 52 figures to unlock the hidden opportunities in this market@
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Market in Asia Pacific to Lead to Most Lucrative Returns
From a geographical perspective, the desiccant wheels market in North America held the dominant position
in 2015. High adoption of desiccant wheels for dehumidification purpose across pharmaceutical and chemical
sectors in the past few years has helped the North America desiccant wheels market stay ahead of other
regional markets. Manufacturing units of pharmaceutical products need a controlled environment as these
products are highly reactive to moisture. Raw materials used for tablet manufacturing are extremely hygroscopic
and can absorb moisture quickly. Moisture can affect the weight, quality and firmness of the end
product. Similarly, chemical manufacturing companies must maintain specific humidity levels within the
premises as various chemicals show adverse reactions after interaction with moisture.
However, due to the growing needs from the flourishing manufacturing sector and growing heating ventilation
and air conditioning (HVAC) needs from the expanding infrastructure, Asia Pacific desiccant wheels
market is expected to outpace North America, exhibiting a CAGR of 6.2% during the forecast period. In

Asia Pacific, the manufacturing sector in emerging economies such as China and India are anticipated to
drive the desiccant wheel market. These countries have a large number of manufacturing plants and their
number is expected to further grow during the forecast period. Furthermore, increasing concentration of
desiccant wheel manufacturers and product varieties with comparatively lower prices is also expected to
drive the market during the forecast period.
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