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A desiccant wheel is very similar to a thermal wheel, but with a coating applied for the sole purpose of dehumidifying, or "drying", the air stream. The desiccant is normally silica gel. As the wheel turns, the desiccant passes alternately through the incoming air, where the moisture is adsorbed, and through a “regenerating” zone, where the desiccant is dried and the moisture expelled. The wheel continues to rotate, and the adsorbent process is repeated. Regeneration is normally carried out by the use of a heating coil, such as a water or steam coil, or a direct-fired gas burner.
Market Analysis and Insights: Global Desiccant Wheel Market
Due to the COVID-19 pandemic, the global Desiccant Wheel market size is estimated to be worth US$ 172.9 million in 2022 and is forecast to a readjusted size of US$ 266.9 million by 2028 with a CAGR of 7.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Silica Gel Desiccant Wheel accounting for % of the Desiccant Wheel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pharmaceutical segment is altered to an % CAGR throughout this forecast period.
Japan is the largest Desiccant Wheel market with about 39% market share. Europe is follower, accounting for about 28% market share.
The key players are Seibu Giken, Proflute, Trane, FläktGroup SEMCO, Airxchange, NovelAire, NICHIAS Corporation, Rotor Source, DRI, Puresci etc. Top 3 companies occupied about 48% market share.
Global Desiccant Wheel Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Desiccant Wheel Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Silica Gel Desiccant Wheel
Molecular Sieve Desiccant Wheel
Others
Segment by Application
Pharmaceutical
Food Industry
Chemical Industry
Electronics
Others
By Company
Seibu Giken
Proflute
Trane
FläktGroup SEMCO
Airxchange
NovelAire
NICHIAS Corporation
Rotor Source
DRI
Puresci
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Desiccant Wheel Market
Due to the COVID-19 pandemic, the global Desiccant Wheel market size is estimated to be worth US$ 172.9 million in 2022 and is forecast to a readjusted size of US$ 266.9 million by 2028 with a CAGR of 7.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Silica Gel Desiccant Wheel accounting for % of the Desiccant Wheel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Pharmaceutical segment is altered to an % CAGR throughout this forecast period.
Japan is the largest Desiccant Wheel market with about 39% market share. Europe is follower, accounting for about 28% market share.
The key players are Seibu Giken, Proflute, Trane, FläktGroup SEMCO, Airxchange, NovelAire, NICHIAS Corporation, Rotor Source, DRI, Puresci etc. Top 3 companies occupied about 48% market share.
Global Desiccant Wheel Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Desiccant Wheel Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Silica Gel Desiccant Wheel
Molecular Sieve Desiccant Wheel
Others
Segment by Application
Pharmaceutical
Food Industry
Chemical Industry
Electronics
Others
By Company
Seibu Giken
Proflute
Trane
FläktGroup SEMCO
Airxchange
NovelAire
NICHIAS Corporation
Rotor Source
DRI
Puresci
Production by Region
North America
Europe
China
Japan
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
