Moisture Absorbers Market to Reach $1.0 Billion by 2034 at 5.7% CAGR: Driven by E-Commerce and Sustainable Packaging Trends

The growing demand for processed and packaged food products that require effective moisture control to maintain quality and shelf life is increasing the need for humectants.

WILMINGTON, Delaware, July 16, 2024 /PRNewswire/ — moisture absorbing agents market It was predicted to reach 552.6 million USD in 2023. It will probably win 5.7% CAGR from 2024 to 2034, and by 2034 the market is expected to reach 1.0 billion US dollars.

Desiccants are widely used in various industrial applications such as air and gas drying, which is key in industries such as oil and gas, petrochemicals and manufacturing. Innovation in desiccant technology, including the development of more efficient and environmentally friendly desiccants, is a key trend.

The growth of e-commerce and the need for effective moisture control in packages during transportation and storage are driving the desiccant market. The development and commercialization of bio-based desiccants offer new opportunities, consistent with the global shift toward green and sustainable products.

Innovations in packaging solutions that incorporate moisture absorbers, such as active packaging, can open up new avenues for growth. The increasing use of moisture absorbers in healthcare products beyond pharmaceuticals, such as medical devices and diagnostics, provides additional growth potential

Growth in the automotive sector, particularly in electric vehicles that require moisture-sensitive electronic components, is driving demand for moisture absorbers. Moisture absorbers are being integrated into smart packaging solutions that can monitor and indicate moisture levels, providing improved quality control.

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Key findings of the market report

• The introduction of IoT in logistics and supply chain management allows for real-time monitoring of moisture levels, which increases the use of desiccants.

• Developing recyclable and reusable moisture absorbers to meet environmental sustainability goals.

• Implementation of advanced manufacturing techniques, such as 3D printing, in the production of desiccants can reduce costs and increase efficiency.

• The development of the chemical industry, which often requires strict control of humidity in the production and storage process, creates a significant market for moisture absorbing agents.

Market Trends for Moisture Absorbers

• The molecular sieve segment is expected to boost the growth of the desiccants market.

• Molecular sieves have a higher adsorption capacity than other types of humectants, making them more effective at removing moisture from a variety of environments.

• Molecular sieves exhibit selective adsorption properties, allowing them to target specific molecules, such as water vapor, while leaving other molecules untouched. This specificity increases their effectiveness in controlling moisture.

• Based on the form, it can be expected that the granulate segment will be the driving force of market growth.

• Granular desiccants typically have a larger surface area compared to other forms, allowing for a greater moisture absorption capacity per unit volume.

• Granular desiccants offer versatile applications in many industries, including pharmaceutical, electronics, food packaging and automotive, which contributes to their widespread use.

Moisture Absorbing Agents Market Scope of the report:

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Global Desiccants Market: Regional Perspectives

North America

• The North American food and beverage industry is experiencing increasing demand for processed and packaged foods that require effective moisture control to prevent spoilage and maintain product freshness. Desiccants are essential in packaging materials to ensure the integrity and safety of food products, thereby increasing their demand.

• North America is home to a significant electronics and semiconductor industry. Desiccants are widely used in the production, storage, and transportation of electronic components to prevent damage caused by moisture. The growth of these industries is contributing to the growing demand for desiccants.

Asia and Pacific

• Rapid growth of e-commerce in Asia and Pacific has led to an increase in demand for efficient packaging solutions to ensure product quality and integrity during transportation. Desiccants play a key role in controlling moisture in the packaging, especially for moisture-sensitive products, thereby contributing to the market growth.

• This Asia and Pacific the region is witnessing significant infrastructure development projects in sectors such as construction, transportation, and utilities. Desiccants are used in building materials to prevent moisture-related problems such as mold and mildew growth, contributing to the market growth in the construction industry.

Moisture Absorbents Market: Key Players

The competitive landscape in the desiccants market is characterized by the presence of a few major players, as well as numerous smaller companies and regional producers.

These companies compete with each other based on factors such as product innovation, quality, price, distribution network, and customer service. The following companies are well-known participants in the desiccant market:

• Arkema
• CLARIANT
• Evonik Industries AG
• MITSUBISHI GAS CHEMICAL COMPANY, INC.
• Multisorbent
• Silica gel moisture absorber
• Sorbead India
• TROPACK Packmitel GmbH
• WR Grace & Co.
• WISESORBENT LLC TECHNOLOGY
• Chemical Bees
• CYLICANT

Key development

• In 2023 in Charlotte, Clariant announced a significant advancement in its moisture absorbent offering. With the introduction of the “Desi Pak” ECO moisture absorbent sachets, Clariant is expanding its offering of environmentally friendly solutions. These sachets are plastic-free and complement the company’s existing line of responsibly sourced, high-absorbency natural clay moisture absorbers.

• These new packages are designed to help manufacturers and distributors protect sealed packages of goods from moisture damage. They are evidence of Clariant’s ongoing commitment to reducing its environmental footprint while maintaining the effectiveness of its products.

Moisture Absorbing Agents Market Segmentation

Type

• Silica gel

• Molecular sieve

• Activated alumina

• Activated carbon

• Bentonite clay

• Calcium chloride

• Calcium sulfate

• Others

Form

• Powder

• Granulate

• Pellets

• Others

Packaging

• Pouch/bag

• Canister

• Bag

• Others

End-use industry

• Consumer goods

• Electronics and semiconductors

• Pharmaceuticals and healthcare

• Food and drinks

• Chemicals and petrochemicals

• Automotive and transportation

• Space and Defense

• Construction

• Others

Region

• North America

• Latin America

• Europe

• Asia and Pacific

• Near East & Africa

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