Overview:

The global desiccant wheel market is valued for more than US$ XXX.X Mn in 2020 and expected to reach a value of US$ XXX.X Mn by 2030 with a significant CAGR of around XX.X% over the forecast period of 2021-2029.

Market Dynamics:

Lower electricity costs and the portability of desiccant dehumidifiers is a key factor driving growth of the global desiccant wheel market. Also, desiccant wheels are rising as they are a good alternative for maintaining humidity levels at sub-zero temperatures because the process does not create water.

Key Trends:

Detailed key trends are covered in the report including technological advancements and key strategies of key players operating in the target market area.

Regional Analysis:

For detailed understanding of market dynamics, the global desiccant wheel market is analyzed across key regions viz. the North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market has dominated the target market with highest market share in 2020.

However, the target market in Asia Pacific region is expected to witness strong growth during the forecast period.

Scope of the Report:

Detailed Segmentation:

Global Desiccant Wheel Market, By Type:

• Silica Gel
• Molecular Sieve
• Activated Alumina
• Others

Global Desiccant Wheel Market, By Application:

• Pharmaceutical
• Food Industries
• Chemical
• Electronics
• Warehousing
• Other Applications

Global Desiccant Wheel Market, By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players Covered:

Key players operating in the global desiccant wheel market includes Airxchange Inc., FlaktGroup, Munters AB, Trane, Inc., Proflute AB, DRI Inc., Rotor Source, Greenheck Fan Corporation, Novelion Therapeutics, Inc., and Others

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Desiccant Wheel Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2021 – 2029, considering 2020 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global desiccant wheel market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.