Growing Demand for Air Conditioning and Refrigeration Systems has Propelled the Growth of the Desiccant Wheel Market in the APAC Region!

• Vikas Kumar
• December 23, 2023
• AUTOMOTIVE, NEWS
• Desiccant Wheel Market Analysis, Desiccant Wheel Market Forecast, Desiccant Wheel Market Growth, Desiccant Wheel Market Outlook, Desiccant Wheel Market Share, Desiccant Wheel Market Size, Desiccant Wheel Market Trends
• 0 Comments

The growing demand for air conditioning and refrigeration systems in the Asia-Pacific (APAC) zone is fueling the expansion of the desiccant wheel market in this region. Desiccant wheels are used in air conditioning and refrigeration systems for the purpose of extracting moisture from the air and upholding optimal performance. As the number of individuals migrating from rural areas to urban regions in the APAC zone increases, so does the demand for air conditioning and refrigeration systems rise. This is because urban zones tend to be much more humid compared to rural areas, which leads to a greater necessity for air conditioning and refrigeration systems. Moreover, With the growth in incomes in the APAC region, people are now able to afford air conditioning and refrigeration systems more readily, resulting in more demand for these systems.

Access sample report (including graphs, charts, and figures): https://univdatos.com/get-a-free-sample-form-php/?product_id=43734

Furthermore, In the APAC region, energy efficiency and sustainability are important factors as most countries in this region are amongst developing countries which is spurring the demand for air conditioning and refrigeration systems that use desiccant wheels. These systems are more energy-efficient than customary air conditioning and refrigeration systems.

Governments in the APAC region have put in place policies and initiatives aimed at promoting energy efficiency and sustainability. These policies are stimulating the adoption of energy-efficient air conditioning and refrigeration systems, which is boosting the demand for desiccant wheels.

FIG. 1 APAC Desiccant Wheel Market Revenue (2020-2030)- USD Mn

Based on product type, the market is segmented into silica gel desiccant wheel, molecular sieve desiccant wheel and others. Amongst these, the silica gel desiccant wheel segment have a significant shareof the market in 2021. This is because they have high absorbency, which means they can absorb large amounts of moisture from the air and making them an effective dehumidifying solution for various applications This high absorbency is due to the unique properties of silica gel, a porous and hydrophilic material that can absorb large amounts of water vapour. This makes them a more efficient solution compared to other desiccants, as they can maintain their effectiveness for a longer period.

By application, the market is segmented into pharmaceutical, food industry, chemical industry, electronics, and others. Among these, pharmaceutical captured the majority share of the desiccant wheel market in 2021. The major share of the wireless desiccant wheel technology can be attributed to the pharmaceutical industry’s need to strictly control humidity levels in storage areas to ensure the integrity and stability of products. Moisture can cause a variety of issues such as corrosion, mould growth, and deterioration of medications, which can affect their effectiveness and safety. Desiccant Wheel can help pharmaceutical companies meet these guidelines by providing a reliable and efficient solution for moisture control.

For a detailed analysis of the Global Desiccant Wheel Market browse through – https://univdatos.com/report/desiccant-wheel-market/

Global Desiccant Wheel Market Segmentation

Market Insight, by Product

• Silica Gel Desiccant Wheel
• Molecular Sieve Desiccant Wheel
• Others

Market Insights, by Application

• Pharmaceutical
• Food Industry
• Chemical Industry
• Electronics
• Others

Market Insight, by Region

• North America
  •  U.S.
  •  Canada
  •  Rest of North America
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Rest of Europe
• APAC
  • China
  • Japan
  • India
  • Rest of APAC
• Rest of the World

Top Company Profiles

• Seibu Giken DST
• ProFlute
• Trane
• FlaktGroup SEMCO
• Airxchange
• NovelAire Technologies
• NICHIAS Corporation
• Rotor Source
• DRI.
• Puresci Environment Technology Limited