The Global Dry Room Dehumidifier Market Growth Accelerated By Rising Construction Activities

https://www.coherentmarketinsights.com/industry-reports/dry-room-dehumidifier-market
Dry Room Dehumidifier Market


Dry Room Dehumidifiers are appliances used to remove excess moisture from enclosed areas by condensing water vapor from the air. They are essential for maintaining a dry room environment in applications such as warehouses, storage rooms, basements, and greenhouses to protect valuables from moisture damage. The rising construction of commercial and residential spaces has boosted the demand for dry room dehumidifiers to control humidity levels.

The global Dry Room Dehumidifier Market is estimated to be valued at US$ 310 Mn in 2023 and is expected to exhibit a CAGR of 18%  over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increasing construction activities across both residential and commercial sectors have been a key driver boosting the demand for dry room dehumidifiers over the past few years. With rapid urbanization and increasing disposable incomes, construction projects for malls, warehouses, factories and offices have surged globally. Dry room dehumidifiers are widely used in the storage and inventory areas of these facilities to protect materials and equipment from moisture damage. Advanced dehumidifying technologies and improved designs of these appliances have further increased their adoption in construction projects. The rising construction sector is expected to remain a major growth propelling factor for the dry room dehumidifier market over the forecast period.
Segment Analysis

The global dry room dehumidifier market is dominated by commercial grade dry room dehumidifiers sub segment. Commercial grade dehumidifiers are extensively used in pharmaceutical manufacturing facilities, healthcare facilities, museums, server rooms, and industrial facilities where precise humidity control is critical for product quality and process efficiency. Commercial grade dry room dehumidifiers offer higher moisture removal capacities and are built to run continuously with robust components that ensure long operational life even in high use conditions.

Key Takeaways

The global Dry Room Dehumidifier Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. Rapid industrialization and development of advanced manufacturing facilities along with strict regulations regarding humidity control in manufacturing processes are driving the demand for dry room dehumidifiers. The global dry room dehumidifier market is estimated to be valued at US$ 310 Mn in 2023 and is expected to exhibit a CAGR of 18%  over the forecast period 2023 to 2030.

Regional analysis

The Asia Pacific region currently dominates the dry room dehumidifier market and is expected to witness fastest growth over the forecast period. Countries like China, Japan, India are witnessing significant investments and expansion of manufacturing plants for sectors like pharmaceuticals, food processing, electronics where dry room dehumidifiers are prominently used. Growth in these end user industries will drive the demand for dry room dehumidifiers in the Asia Pacific region.

Key players

Key players operating in the dry room dehumidifier market are Ashok Leyland, General Motors Company, Bosch Rexroth AG, Xiamen Golden Dragon Bus Co., Ltd., Daimler AG, Volvo Group, Volkswagen AG, Mahindra and Mahindra Ltd., Toyota Motor Corporation, and Tata Motors Ltd.

Get More Insights On This Topic:   https://www.pressreleasebulletin.com/the-dry-room-dehumidifier-market-is-driven-by-increasing-need/

Comments

Post a Comment

Popular posts from this blog

Agricultural Micronutrients Market Growth Accelerated By Increasing Need For Improved Soil Fertility

Image
Agricultural Micronutrients Market Agricultural micronutrients are essential plant nutrients required in small quantities for healthy plant growth and development. Micronutrients such as iron, zinc, manganese, molybdenum, and boron play vital roles in various metabolic functions of crops such as photosynthesis, nitrogen fixation, and enzyme activity. The increasing need to boost crop yields and improve soil fertility has raised the demand for micronutrient fertilizers globally. The growing population and reducing arable land have fueled the need for sustainable agricultural practices, propelling the micronutrients market. The global Agricultural Micronutrients Market is estimated to be valued at US$ 5.19 Bn in 2024 and is expected to exhibit a CAGR of 27.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: The increasing adoption of precision farming and digital technologies in the agriculture sector is...
Read more

Dairy Alternative Market Expected To Reach USD 26.01 Billion By 2023

Image
Dairy Alternative Market Market Overview: Dairy alternative products are gaining significant popularity due to their numerous advantages. These products are plant-based, making them suitable for individuals with lactose intolerance or those following a vegan diet. They offer similar nutritional benefits as traditional dairy products such as milk, cheese, and yogurt, while also addressing concerns related to animal welfare and environmental sustainability. The growing demand for dairy alternative products among health-conscious consumers is driving market growth. Market Key Trends: One key trend observed in the dairy alternative market is the increasing preference for plant-based milk substitutes. Plant-based milk alternatives such as almond milk, soy milk, and oat milk, among others, are gaining traction among consumers as a healthier and more sustainable option compared to traditional dairy milk. These plant-based milk alternatives offer various benefits such as being lactose-free, c...
Read more

Antimicrobial Additives Market Growth Accelerated By Rising Demand From End-Use Industries

Image
Antimicrobial Additives Market Antimicrobial additives are extensively used in a wide range of end-use industries such as healthcare, packaging, food and beverage, construction, and automotive. These additives help protect various materials from microorganisms such as bacteria, viruses, etc. Some key applications of antimicrobial additives include packaging of food, medical devices, fabrics, flooring, coatings, etc. The ongoing COVID-19 pandemic has further increased the importance of hygiene and sanitation, driving demand for antimicrobial materials from various sectors. The global Antimicrobial Additives Market is estimated to be valued at US$ 3.47 Bn in 2024 and is expected to exhibit a CAGR of 25.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key drivers of the market's growth is the rising demand for antimicrobial additives from the packaging industry. Packaging manufacturers ...
Read more