Dehumidifier Keeps Building Materials and Equipments Free From Moisture ,Growing Its Market To US$2.96 bn by end of 2020
Dehumidifiers are equipments used to remove access moisture and retain desired level of humidity at a given place (space) Dehumidifiers can be broadly classified into heat pumps, refrigerant dehumidifiers (ventilating dehumidifier) and chemical absorbent dehumidifier (desiccant dehumidifier) based on the technology used. These dehumidifiers are used across industrial, commercial, and residential applications.
What is Driving Sales of Dehumidifiers?
In cold countries, rising energy prices have been a reason for high demand for building insulation for both commercial and residential use. Insulation may help with the cold, but on the contrary, air change is reduced, leading to the formation of a humidity trap. This necessitates the use of a dehumidifier to protect the woodwork.
In construction activities, dehumidifiers have several usages. From keeping building materials such as iron bars/rods, cement, etc. free from moisture to drying structures, dehumidifiers help save cost and reduce the duration of the entire project. Thus, in Asia Pacific, economic development, leading to rising construction activities, has been a major reason driving sales of dehumidifiers, which in turn is benefitting the global dehumidifier market.
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On the environmental front, global warming is a major concern attracting the attention of major governments worldwide. To counter the ill-effects of the rising average temperature of earth, globally accredited agencies are promoting the use of dehumidification systems. An added bonus of advanced dehumidifiers is that they inhibit growth of microorganisms, which is favorable for humans and other living creatures.Moreover, any kind of environmental disturbance, such as excessive moisture content in the environment, also reduces agricultural output, which directly impacts the economy of any country. For this reason, greenhouses meant for specialty crops are essentially equipped with dehumidification systems.
Growing Use in Industrial Sector Propels Demand for Dehumidifiers
The global dehumidifier market is projected to have a CAGR of 6.4% between the years 2014 and 2020. This market was valued at US$1.92 bn in 2013. The current rate of growth is expected to propel the market to US$2.96 bn by the end of 2020, which is stated in a market intelligence report released by Transparency Market Research. The report is titled, “Dehumidifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.
Browse the full Dehumidifier Market (Heat Pumps, Ventilating Dehumidifiers, Chemical Absorbent Dehumidifiers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at
http://www.transparencymarketresearch.com/global-dehumidifier-market.html
Industries such as packaging, food and beverage, chemicals, pharmaceuticals, and wood and paper are among the leading contributors to the global dehumidifiers market. The products of these industries are susceptible to damage from water, which leads to a consistent need for dehumidifiers. In the food and beverage industry, cold storage solutions are commonly used to limit the interaction between food products and water, leading to extensive use of dehumidifiers. Production of various powdered materials, spices, and salt also requires large-scale dehumidification.
Heavy industrial machinery also needs to be kept away from water, as long-term exposure can cause rust, which can lead to more impactful consequences due to the circumstances in which heavy machinery is used. This is another key reason for the growing demand for dehumidifiers.
The global market for dehumidifier is highly competitive in nature with leading players such as Thermo-Stor LLC, De’Longhi Appliances S.r.I, Whirlpool Corporation, Haier Group, LG Electronics Inc., Honeywell International, Inc., Sunpentown International, Inc., Comfort Aire (Heat Controller), Electrolux (Frigidaire) and General Filters, Inc. competing with each other to obtain competitive edge. In order to sustain the competition, the companies are expected to offer convergence of dehumidification solutions with the existing HVAC solutions in near future.
What is Driving Sales of Dehumidifiers?
In cold countries, rising energy prices have been a reason for high demand for building insulation for both commercial and residential use. Insulation may help with the cold, but on the contrary, air change is reduced, leading to the formation of a humidity trap. This necessitates the use of a dehumidifier to protect the woodwork.
In construction activities, dehumidifiers have several usages. From keeping building materials such as iron bars/rods, cement, etc. free from moisture to drying structures, dehumidifiers help save cost and reduce the duration of the entire project. Thus, in Asia Pacific, economic development, leading to rising construction activities, has been a major reason driving sales of dehumidifiers, which in turn is benefitting the global dehumidifier market.
Free PDF For Latest Advancements with Technological breakthroughs is @ http://bit.ly/2d1dRmz
On the environmental front, global warming is a major concern attracting the attention of major governments worldwide. To counter the ill-effects of the rising average temperature of earth, globally accredited agencies are promoting the use of dehumidification systems. An added bonus of advanced dehumidifiers is that they inhibit growth of microorganisms, which is favorable for humans and other living creatures.Moreover, any kind of environmental disturbance, such as excessive moisture content in the environment, also reduces agricultural output, which directly impacts the economy of any country. For this reason, greenhouses meant for specialty crops are essentially equipped with dehumidification systems.
Growing Use in Industrial Sector Propels Demand for Dehumidifiers
The global dehumidifier market is projected to have a CAGR of 6.4% between the years 2014 and 2020. This market was valued at US$1.92 bn in 2013. The current rate of growth is expected to propel the market to US$2.96 bn by the end of 2020, which is stated in a market intelligence report released by Transparency Market Research. The report is titled, “Dehumidifier Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”.
Browse the full Dehumidifier Market (Heat Pumps, Ventilating Dehumidifiers, Chemical Absorbent Dehumidifiers) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at
http://www.transparencymarketresearch.com/global-dehumidifier-market.html
Industries such as packaging, food and beverage, chemicals, pharmaceuticals, and wood and paper are among the leading contributors to the global dehumidifiers market. The products of these industries are susceptible to damage from water, which leads to a consistent need for dehumidifiers. In the food and beverage industry, cold storage solutions are commonly used to limit the interaction between food products and water, leading to extensive use of dehumidifiers. Production of various powdered materials, spices, and salt also requires large-scale dehumidification.
Heavy industrial machinery also needs to be kept away from water, as long-term exposure can cause rust, which can lead to more impactful consequences due to the circumstances in which heavy machinery is used. This is another key reason for the growing demand for dehumidifiers.
The global market for dehumidifier is highly competitive in nature with leading players such as Thermo-Stor LLC, De’Longhi Appliances S.r.I, Whirlpool Corporation, Haier Group, LG Electronics Inc., Honeywell International, Inc., Sunpentown International, Inc., Comfort Aire (Heat Controller), Electrolux (Frigidaire) and General Filters, Inc. competing with each other to obtain competitive edge. In order to sustain the competition, the companies are expected to offer convergence of dehumidification solutions with the existing HVAC solutions in near future.