Desiccant Dehumidifier Companies - Xanadu (Canada) and PsiQuantum (US) are the Key Players
The desiccant dehumidifier market is projected to grow from USD 578 million in 2023 and is projected to reach USD 749 million by 2028; it is expected to grow at a CAGR of 5.3% from 2023 to 2028.
The growth of the desiccant dehumidifier market is driven by the increasing adoption of desiccant dehumidifiers in various industries is expected to fuel the growth of the desiccant dehumidifier market.
Desiccant Dehumidifier companies include:
- DehuTech AB™ (Sweden),
- Fisen Corporation (US),
- Atlas Copco (Sweden), and
- Parker Hannifin Corporation (US).
Key strategies adopted by the players in the desiccant dehumidifier market ecosystem to enhance their product portfolios, increase their market share and expand their presence in the market mainly include new product launches and partnerships, and acquisitions.
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For instance, in September 2022, Bry-Air, launched a new product, ‘BryShield,’ for preventing electronic corrosion in small server rooms by removing gaseous contaminants. The innovative air filtration system has been aesthetically designed and easily fits into a false ceiling, and can be compactly ceiling mounted. In November 2022, Munters acquired Hygromedia and Rotor Source to strengthen its position as a leading supplier of desiccant dehumidification technology systems for numerous industrial processes. These acquisitions provide Munters with an additional channel to market to serve it even better.
Bry-Air holds a strong product portfolio in the desiccant dehumidifier market. Its broad range of desiccant dehumidifiers is used across diverse verticals such as pharmaceutical, food, lithium battery manufacturing, defense, chemical, electronics, and power. The company has a wide customer base that includes major companies such as Reliance, Dell, Indian Oil, HSBC, and Cipla, owing to which it has established a brand name globally. Bry-Air emphasizes R&D to introduce products with advanced capabilities and has been granted 53 patents. It has developed 13 new technologies, including BrySmart, BryTherm, and DryPurge. Bry-Air has been implementing mainly organic growth strategies through new product development, innovations, and strategic product launches to sustain its position in the market. For instance, in September 2022, Bry-Air launched ‘BryShield’ to prevent electronic corrosion in small server rooms by removing gaseous contaminants.
Munters has a strong product portfolio, offering a diverse range of desiccant dehumidifiers for various commercial and industrial applications. Additionally, it offers air treatment solutions for customers worldwide as it has a presence in more than 30 countries with 19 manufacturing plants. The company has a strong base of raw material suppliers and a distribution network which helps it reach its potential market. Munters focus on inorganic strategies such as collaborations, partnerships, acquisitions, and expansions. For instance, in November 2022, Munters announced to build an all-new site in the US to house its desiccant dehumidification products and services for the North American market. The flagship 400,000 ft.2 (~38,000 m2) facility will be in Amesbury, Massachusetts, US. The new facility will house fabrication, assembly, rotor production, a new R&D lab, and a service training academy.
Related Reports:
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 - Global Forecast to 2028
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Mr. Aashish Mehra
MarketsandMarkets™ INC.
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Northbrook, IL 60062
USA : 1-888-600-6441
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