Desiccant wheel Market Size, Industry Trends, Leading Players, Share and Forecast to 2027

The global desiccant wheels market size is accounted to register a significant growth rate of 5.3% during the forecast period 2021 to 2027 and expected to reach over USD 540 million by 2027.

The increasing demand for dehumidification in the pharmaceuticals and the food processing industry across the globe is a primary factor to drive the market growth. Furthermore, the several merits over compressor-based dehumidification is expected to drive the overall market significantly. Compliance with the advanced material science and system up-gradation is expected to propel the market throughout the forecast period.

The report titled “Desiccant Wheel Market – Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast – 2020 – 2027″ offers a holistic view of the Desiccant wheel industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Desiccant wheel market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.

Desiccant wheel Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.

The global desiccant wheels market is bifurcated into type, application, and geography. On the basis of type, the market is further segmented into silica gel, molecular sieve, activated alumina, and others. The silica gel segment held the largest market share and accounted to hold a major share of over 61% of the market and expected to maintain its dominance over the forecast period.

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The Desiccant Wheel Market Segmentation:

By Type:

• Silica Gel
• Molecular Sieve
• Activated Alumina
• Others

By Application:

• Pharmaceuticals
• Chemical
• Food & Beverages
• Electronics
• Warehouse
• Others

By Region:

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

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List of Key companies:

• Desiccant Technologies Group
• Innovative Air Technologies
• Polygon AB
• NovelAire Technologies
• Munters, Rotor Source, Inc.
• Desiccant Rotors International Pvt. Ltd.
• Trane Inc.
• Proflute AB
• Seibu Giken DST AB
• Airxchange Inc.
• Fläkt Woods Group

Key Questions Answered by Desiccant Wheel Market Report:

• Product popularity and adoption based on various country-level dynamics
• Regional presence and product development for leading market participants
• Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
• Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
• number of employees and market concentration, among others

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