DUBLIN , Aug. 18, 2022 /PRNewswire/ -- The "Desiccant Dehumidifiers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Desiccant Dehumidifiers Market to Reach US$635.6 Million by the Year 2026
Amid the COVID-19 crisis, the global market for Desiccant Dehumidifiers estimated at US$548.6 Million in the year 2022, is projected to reach a revised size of US$635.6 Million by 2026, growing at a CAGR of 3.5% over the analysis period.
Desiccant dehumidifiers rely on specific desiccant materials like Zeolite for absorbing water vapor or moisture. As the process do not generate water, these units present an effective option to maintain humidity levels at sub-zero temperature settings. Desiccant dehumidifiers are used in various applications in areas such as food & beverage industry, medical centers, commercial buildings, hotels, manufacturing facilities and others.
Growth in the global market is set to be driven by rising uptake of desiccant dehumidifiers as a result of rapid industrialization, technological advances and implementation of stringent standards to promote energy savings and mitigate climate change. The market is gaining traction owing to increasing uptake of these units across diverse settings to ensure occupant health and comfort. Factors such as rapid urbanization, increasing disposable income and changing environmental conditions are providing a perfect scenario for overall expansion of the desiccant dehumidifier market. These units are finding rising adoption in industrial applications requiring optimal humidity and temperature levels. The U.S. Market is Estimated at $157.3 Million in 2022, While China is Forecast to Reach $78.2 Million by 2026 The Desiccant Dehumidifiers market in the U.S. is estimated at US$157.3 Million in the year 2022. The country currently accounts for a 28.75% share in the global market. China , the world's second largest economy, is forecast to reach an estimated market size of US$78.2 Million in the year 2026 trailing a CAGR of 5% through the analysis period. The market is receiving a strong growth stimulus from increasing attention of companies on technological advances. These efforts are leading to influx of better products that score high in terms of dehumidification performance and energy efficiency. Several players serving the market are developing smart energy-efficient units that leverage emerging technologies for diverse functions like accurate calculation of humidity levels.
These units are designed to work automatically to ensure consistent operations while achieving energy savings. In addition, various companies are betting on cloud-based approaches to ensure connectivity of desiccant dehumidifiers with mobile devices like laptops, smartphones and tablets. These units are garnering considerable attention among residential and industrial customers.
The desiccant dehumidifier market is also gaining from increasing uptake of portable dehumidifiers across commercial and residential spaces. Some of the interesting advances targeting sustainability include liquid, solar-powered desiccant dehumidifiers intended to support energy conservation and environmental efforts. The technological advancements evolving over the years are presenting considerable growth opportunities for the desiccant dehumidifiers market.
STULZ Air Technology Systems, Inc.
Key Topics Covered: I. METHODOLOGY II. EXECUTIVE SUMMARY 1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS
Rising Awareness About Ambient Air Quality Underpins Sales Growth
Desiccant Dehumidification: Reigning the Industrial Dehumidification Space
Desiccant Dehumidifiers Find Importance in Food Processing & Packaging Operations
Food & Beverage Industry: COVID-19 Pandemic Brings Challenges in the Form of Supply Chain Disruptions
COVID-19 Induced Growth in Packaged Foods Brings Cheer to Desiccant Dehumidifiers in the Food & Beverage Industry
Detrimental Implications of Moisture Content for Construction Materials Fuel Need for Dehumidifiers
Increasing Construction Activities Worldwide & Rapid Changes in Climatic Conditions: Vital Market Drivers
Need for Relative Humidity Control in Clean Rooms Enhance Importance of Desiccant Dehumidifiers
Semiconductor Sector Severely Impacted by COVID-19 Outbreak
Pharmaceutical Manufacturing Requires Controlled Environment, Enhancing Importance of Desiccant Dehumidifiers
Pandemic-Induced Changes Affect Pharmaceuticals Industry Operations
Desiccant Dehumidification Gives Respite to Surgeons in Operating Rooms
Rapid Growth of Lithium Battery Production: Opportunity for the Market
Growing Li-ion Battery Production Translates into Opportunities for Desiccant Dehumidifiers Market
Power Industry: Threat of Humidity-Related Corrosion to Parts & Equipment Augurs Well for Desiccant Dehumidifiers Market
Pandemic Impacts Energy Sector, Affecting Market Growth
Rise in Pollution-Related Respiratory Diseases Drives Adoption of Desiccant Dehumidifiers in Commercial Sector
Residential Market for Desiccant Dehumidifiers: A Small But Growing Segment
Liquid Desiccant Dehumidification Edges out Air Conditioning with Intriguing Merits
Primary Merits of Liquid Desiccant Dehumidifiers
Liquid Desiccant Materials Garner Increasing Attention from Researcher Community
Technological Advancements to Fuel Industrial Desiccant Dehumidifiers Market
Advanced Desiccant Dehumidifiers: Taking Moisture Control to Next Level
For more information about this report visit https://www.researchandmarkets.com/r/xsrw3q
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
Logo: http://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-desiccant-dehumidifiers-market-to-reach-us635-6-million-by-the-year-2026--301608407.html
Prices at the pump have fallen again, but the summer decline is mostly over, according to industry watchers.
When President Joe Biden signed the CHIPS Act of 2022 into law on Aug. 9, it provided some good news for a number of chip stocks.
Occidental Petroleum owns a power plant in Taft, La., that feeds an OXY chemical plant next door. Leftover power is sold on the local grid, which Berkshire Hathaway Energy plants also feed. The Federal Energy Regulatory Commission ruled that since OXY's plant accounts for just 0.48% of the capacity connected to the region's grid, a combination with Berkshire "will not have an adverse effect on competition" in the local electricity market. Warren Buffett's Berkshire had to ask, though, before bee
(Bloomberg) -- Gazprom PJSC will stop delivering natural gas to Europe through its main pipeline for three days, further squeezing energy supplies just as Germany is trying to build up stocks for the winter.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysWhite House Says Zelenskiy Should Join
China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine. China brought in 7.42 million tonnes of coal from Russia last month, data from the General Administration of Customs showed on Saturday. Western countries were avoiding cargoes from Russia ahead of a European Union ban on Russian coal that came into force on Aug. 11, aimed at reducing the Kremlin's energy revenue over its February invasion.
Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday. The Taiwanese company's new factory, on a plot of 50.5 hectares (125 acres) in Bac Giang province, will generate 30,000 local jobs, the Tuoi Tre newspaper said. Foxconn, formally called Hon Hai Precision Industry Co, and Kinh Bac City did not immediately respond to requests for comment.
The slowdown in consumer tech has been well chronicled. The bigger problem is that the issues may now be spreading to business spending.
Store employees were forced to stay up to 45 minutes after work for security checks.
Households can expect to pay more to heat their homes this winter. “Natural gas futures prices are more than double what they were one year ago,” according to Andy Lipow of Lipow Oil Associates.
Enterprise Products Partners, Energy Transfer and Magellan Midstream Partners have been highlighted in this Industry Outlook article.
(Bloomberg Law) -- The Consumer Financial Protection Bureau asked a federal judge to force Block Inc. to fully comply with a pair of investigative demands related to its Cash App payments tool.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysWhite House Says Zelenskiy Should Join G-20 If Putin
Warren Buffett owns nearly 20% of Occidental Petroleum after a July buying spree. But is it a good investment?
These stocks have the ability to raise their dividends at a high level each year, while they also have solid yields right now.
The world's largest asset manager BlackRock Inc. warned the U.S. Securities and Exchange Commission (SEC) this week that its proposed rules aimed at fighting "greenwashing" by fund managers will confuse investors. BlackRock made the claims in a letter filed this week in response to a SEC May proposal to stamp out unfounded claims by funds about their environmental, social and corporate governance (ESG) credentials. The rules also aim to create more standardization around ESG disclosures.
Bearish sentiment has been running rampant in oil markets of late, but the recent inventory draw has sent prices back up - at least for a little bit
Berkshire Hathaway received regulatory approval to buy as much as 50% of the oil producer’s stock following Warren Buffett’s rapid acquisition of Occidental shares this year.
Yahoo Finance's Julie Hyman and Brian Sozzi discuss DoorDash and Walmart ending their partnership next month.
Melius Research Director of Airlines & Travel Research Conor Cunningham joins Yahoo Finance Live to discuss summer travel disruptions, airline operations and profitability, and the outlook for air travel.
(Bloomberg) -- A number of upstart ride-hailing apps are taking on Uber and Lyft with the promise of treating drivers better.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysWhite House Says Zelenskiy Should Join G-20 If Putin AttendsAmong them are Dallas-based Alto, which hires drivers as emp
Oil companies are minting money, and as long as crude prices don’t fall too much further, the rally should continue.