Desiccant Wheel Market: Current Analysis and Forecast (2022-2030)

A desiccant wheel is a type of air filter used to remove moisture from the air. It works by passing the air through a wheel that contains a desiccant material, such as silica gel, which absorbs moisture. Desiccant wheels are commonly used in industrial, commercial, and residential settings to control humidity levels and prevent corrosion, mould, and mildew. The increasing demand for energy-efficient and cost-effective air filtration solutions has increased the popularity of desiccant wheels. Due to their energy efficiency and cost-effectiveness compared to other air filtration solutions, desiccant wheels are an attractive option in industrial, commercial and residential applications HVSC for air conditioners in industrial and commercial settings.

The Desiccant Wheel Market is expected to grow at a strong CAGR of 5% during the forecast period owing increasing focus on energy efficiency and sustainability in building construction has increased demand for dry cycles, which are used to control moisture levels in HVAC systems, prevent mould and mildew growth. Desiccant wheels are increasingly used in residential applications to improve indoor air quality and promote better health. For instance, January 19, 2023, DST East Africa completes the first installation in Kenya. DST East Africa finished the installation of the RL-60LR dehumidifier at the storage of Kenya Highland Seeds Co.

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 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 of time.

By application, the market is segmented into pharmaceutical, food industry, chemical industry, electronics, and others. Among these, pharmaceutical captured a significant 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 better understanding of the market adoption of the desiccant wheel industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, Italy, France, Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Rest of World. North America dominated the desiccant wheel market in 2020 due to pharmaceutical enterprises inside the North American location, which is a major end-consumer of desiccant wheel. Desiccant Wheels have been widely followed as a reliable and efficient solution for moisture management in storage regions because of stringent guidelines and compliance requirements in the pharmaceutical industry. Moreover, North America has an excessive degree of technological development in diverse industries such as the pharmaceutical industry. This lets in for high-tech solutions such as desiccant wheels, which offer a constant and dependable supply of moisture management.

Some of the major players operating in the market include: Seibu Giken DST, ProFlute, Trane, FlaktGroup SEMCO, Airxchange, NovelAire Technologies, NICHIAS Corporation, Rotor Source, DRI., and Puresci Environment Technology Limited.