United States Desiccants Market to Grow at a CAGR of 4.3% During 2024-2032, Aided by the Growing Demand from Major Application Sectors, Including Pharmaceuticals

Increasing demand for desiccants in the US food, beverage, and pharmaceutical sectors is a major factor propelling the United States desiccants market growth. A desiccant is a substance with hygroscopic properties utilised to create or maintain dry conditions in its surroundings. It finds significant applications in sectors like foods, pharmaceuticals, electronics, packaging, and others. Silica gel's exceptional absorption properties have made it a valuable product in these sectors. The food and beverage industry accounts for 5% of the overall GDP of the country.

Fig: Food and Beverage Sector’s Contribution to US GDP, 2022

Further, its demand by US electronic manufacturers to mitigate moisture impact on devices also contribute to the market growth. In addition, notable research and development in the field of desiccants is supporting the market growth trajectory. For instance, the development of high-quality pharma desiccants to extend the shelf-life of oxygen-sensitive pharmaceuticals, reducing reliance on chemical preservatives and antioxidants, is expected to notably enhance the market growth in the coming years.

In January 2024, Mojave Energy Systems introduced its new state-of-the-art commercial liquid desiccant air conditioner, ArctiDry. Mojave Energy Systems is a leading manufacturer of novel liquid desiccant systems designed to change the nature of air conditioning.

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Market Breakup by Process of Absorption, Type, and Application:

• The market can be segmented based on the process of absorption into physical absorption and chemical absorption.

• Based on type, the market can be divided into silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, and clay, among others.

• Desiccants find wide applications in sectors like the food, electronics, pharmaceuticals, packing, and air and gas drying, among others.

Key Findings of the Report:

• Increasing usage of desiccants across various industries like food, pharmaceuticals, and electronics is propelling the market growth.

• Silica gel, with its remarkable absorption properties, finds wide usage in the packaging of pharmaceutical products to ensure their quality and safety.

• The stringent safety guidelines and regulations in the US drive the demand for products like desiccants that are necessary to ensure compliance with industrial regulations.

Key Offerings of the Report:

• The EMR report gives an overview of the United States desiccants market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the process of absorption, type, and application of desiccants.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the United States desiccants market are Clariant Ltd, Drytech Inc., Wisesorbent Technology Llc, Multisorb Filtration Group, and W. R. Grace & Co., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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