September 19, 2023 07:18 ET | Source: Research and Markets Research and Markets
Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Global Desiccant Dehumidifier Market by Product Type (Fixed or Mounted Desiccant Dehumidifier, Portable Desiccant Dehumidifier), Application (Energy, Food and Pharmaceutical, Electronics, Chemical, Construction), End User & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering. Dehumidifier Industrial With Handle
The global desiccant dehumidifier market is on an upward trajectory, with a projected market size of USD 749 million by 2028, up from USD 578 million in 2023. This substantial growth is expected to occur at a compound annual growth rate (CAGR) of 5.3% between 2023 and 2028.
The desiccant dehumidifier market is gaining momentum due to several key factors. These include the increasing adoption of desiccant dehumidifiers across various industries, government regulatory policies promoting clean energy solutions, and growing construction activities. However, it's worth noting that the initial high cost of desiccant dehumidifiers remains a limitation to market growth.
The desiccant dehumidifier market is poised for substantial growth in the coming years, driven by increased adoption, regulatory support, and a growing market presence in Europe. As industries prioritize humidity control for various applications, desiccant dehumidifiers are emerging as a vital solution.
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