Desiccants Market Segmentation:
Type Segment Analysis
The silica gel desiccants segment is projected to account for 42.5% of the global desiccants market by 2035. One of the major driving factors of this market is the high adsorption capacity toward water, accompanied by cost advantage and versatile application. A significant factor that has boosted the consumption of silica gel is its increasing use as desiccant in food packaging, especially against spoilage and extending shelf life. Meanwhile, increased production of electronics—whereby it becomes necessary to shield devices from moisture—is also expected to fuel demand for silica gel.
End user Segment Analysis
The food segment is expected to reach nearly 32% revenue share in the global desiccants market during the forecast period. Some of the most important factors driving the use of desiccants in the food industry include the growing interest in food preservation to mitigate waste issues, rising consumer preference for convenience foods packed and processed foods, and stringent quality standards. In September 2023, Application Engineering Co. launched its line of energy-efficient desiccant wheel dryers for plastics processors who demand precision moisture removal in material handling. Such developments, coupled with increased consumer consciousness of fresh food shelf life and longer shelf-life products, are likely to open opportunities for manufacturers.
Our in-depth analysis of the desiccants Market includes the following segments:
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