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    Molecular Sieve Desiccants Market

    ID: MRFR/CnM/6738-CR
    235 Pages
    Chitranshi Jaiswal
    August 2019

    Molecular Sieve Desiccants Market Research Report Information by Form (Beads, Pellets and Powder), Type (3A, 4A, 5A, 13X and others), Application (Refinery; Industrial Drying; Air Brakes; Packaging; Coatings, Adhesives, Sealants & Elastomers; Refrigerant; Insulation Glass and others) and Region (Asia-Pacific, North America, Europe, Latin America and the Middle East & Africa) - Forecast till 2035

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    Molecular Sieve Desiccants Market Infographic
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    Molecular Sieve Desiccants Market Summary

    The Global Molecular Sieve Desiccants Market is projected to grow from 2500 USD Million in 2024 to 4500 USD Million by 2035, reflecting a robust CAGR of 5.49%.

    Key Market Trends & Highlights

    Molecular Sieve Desiccants Key Trends and Highlights

    • The market valuation is expected to reach 4500 USD Million by the year 2035.
    • From 2025 to 2035, the market is anticipated to grow at a compound annual growth rate of 5.49%.
    • In 2024, the market is valued at 2500 USD Million, indicating a strong foundation for future growth.
    • Growing adoption of molecular sieve desiccants due to their efficiency in moisture control is a major market driver.

    Market Size & Forecast

    2024 Market Size 2500 (USD Million)
    2035 Market Size 4500 (USD Million)
    CAGR (2025 - 2035) 5.49%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Molecular Sieve Desiccants Market Drivers

    Sustainability Trends

    Sustainability initiatives are influencing the Global Molecular Sieve Desiccants Market Industry, as companies seek eco-friendly solutions for moisture control. The shift towards sustainable practices encourages the development of molecular sieves that are not only effective but also environmentally friendly. For example, some manufacturers are exploring bio-based desiccants that minimize environmental impact. This trend aligns with global efforts to reduce carbon footprints and promote sustainable manufacturing processes. As sustainability becomes a priority, the market for molecular sieve desiccants is expected to expand, reflecting a growing commitment to environmentally responsible practices.

    Market Growth Projections

    Technological Advancements

    Innovations in molecular sieve technology contribute significantly to the growth of the Global Molecular Sieve Desiccants Market Industry. Enhanced performance characteristics, such as improved adsorption capacities and regeneration capabilities, are being developed. For example, advancements in zeolite synthesis have led to the creation of more efficient desiccants that can operate under varying conditions. These technological improvements not only enhance product performance but also reduce operational costs for end-users. As a result, the market is expected to grow at a CAGR of 5.49% from 2025 to 2035, indicating a robust future driven by innovation.

    Regulatory Support and Standards

    The Global Molecular Sieve Desiccants Market Industry benefits from supportive regulatory frameworks that promote the use of desiccants in various applications. Governments and industry associations are establishing standards that encourage the adoption of effective moisture control solutions, particularly in sensitive sectors like pharmaceuticals and food processing. Compliance with these regulations not only ensures product safety but also fosters market growth. As industries strive to meet these standards, the demand for high-quality molecular sieve desiccants is likely to increase, further solidifying their role in moisture management.

    Rising Demand in Various Industries

    The Global Molecular Sieve Desiccants Market Industry experiences heightened demand across multiple sectors, including pharmaceuticals, food and beverage, and electronics. These industries require effective moisture control to maintain product quality and extend shelf life. For instance, in the pharmaceutical sector, molecular sieves are utilized to protect sensitive compounds from moisture, ensuring efficacy. As the global market expands, the demand for molecular sieve desiccants is projected to reach 2500 USD Million by 2024, reflecting a growing recognition of their importance in moisture management.

    Increased Awareness of Moisture Control

    There is a growing awareness among manufacturers and consumers regarding the detrimental effects of moisture on products, which drives the Global Molecular Sieve Desiccants Market Industry. Industries are increasingly adopting moisture control solutions to prevent spoilage and degradation. For instance, in the food industry, molecular sieves are employed to maintain the quality of dried fruits and snacks. This trend is likely to propel the market towards an estimated value of 4500 USD Million by 2035, as more sectors recognize the necessity of effective desiccants in preserving product integrity.

    Key Companies in the Molecular Sieve Desiccants Market market include

    Industry Developments

      • Honeywell is coming up with 4 sustainable innovations to help the planet
      • Honeywell’s products will help Whole Foods Market produce less carbon
      • Honeywell has invented new masks in light of the COVID-19 pandemic

    Future Outlook

    Molecular Sieve Desiccants Market Future Outlook

    The Molecular Sieve Desiccants Market is projected to grow at a 5.49% CAGR from 2024 to 2035, driven by increasing demand in pharmaceuticals, food packaging, and electronics.

    New opportunities lie in:

    • Develop advanced molecular sieve formulations for enhanced moisture control in sensitive applications.
    • Expand production capabilities in emerging markets to meet rising global demand.
    • Invest in sustainable manufacturing processes to attract environmentally conscious consumers.

    By 2035, the market is expected to achieve robust growth, reflecting evolving industry needs and technological advancements.

    Market Segmentation

    By type

    • Others
    • 13X
    • 5A
    • 3A
    • 4A

    By region

    • Middle East and North Africa
    • The European Union
    • Asia-Pacific
    • North America
    • Latin America

    Recent developments

    • Honeywell has invented new masks in light of the COVID-19 pandemic
    • Honeywell’s products will help Whole Foods Market produce less carbon
    • Honeywell is coming up with 4 sustainable innovations to help the planet

    Molecular Sieve Desiccants Market Dynamics

    • Drivers
    • Opportunities
    • Restraints
    • Challenges
    • Cumulative growth analysis

    List of companies operating in the Molecular Sieve Desiccants Market are

    • GIEBEL FilTec GmbH (Germany).
    • nterra Global (US), and
    • MTE Suzhou Co., LTD (China), I
    • UNION SHOWA K.K. (Japan),
    • Axens (France),
    • Hengye Molecular Sieve Co., Ltd (China),
    • Dalian Haixin Chemical Industrial Co.,Ltd (China),
    • MolsivCN (China),
    • Merck KGaA (Germany),
    • rownell Limited (UK),
    • KNT Group (Russia),
    • JIUZHOU CHEMICALS (China),
    • R. Grace & Co (US),
    • Honeywell International Inc (US),
    • BASF SE (Germany),
    • Arkema (France),
    • Tosoh Corporation (Japan),
    • SORBEAD INDIA (India),
    • Zeochem AG (Switzerland),
    • Van Air, Inc (US),

    Report Scope

    Report Attribute/Metric Details
      Market Size 2030: USD 746.7 Million
      CAGR   6.53%(2022-2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Million)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Form, Type, Application and End-Use
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Van Air, Inc (US), Zeochem AG (Switzerland), SORBEAD INDIA (India), Tosoh Corporation (Japan), Arkema (France), BASF SE (Germany), Honeywell International Inc (US), R. Grace & Co (US), JIUZHOU CHEMICALS (China), KNT Group (Russia), Rownell Limited (UK), Merck KGaA (Germany), MolsivCN (China), Dalian Haixin Chemical Industrial Co.,Ltd (China), Hengye Molecular Sieve Co., Ltd (China), Axens (France), UNION SHOWA K.K. (Japan), MTE Suzhou Co., LTD (China), Interra Global (US), and GIEBEL FilTec GmbH (Germany).
      Key Market Opportunities   The pharmaceutical industry is full of companies that are teaming up with doctors and medical researchers.
      Key Market Drivers    the fact that these sieves are very effective at absorbing various waste particles (liquid and solid) that are generated during the process of manufacturing many materials.

    Market Highlights

    Author
    Chitranshi Jaiswal
    Research Analyst Level I

    In her 3 years of experience in the market research field, she has handled critical cross-domain projects. She has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.She holds an engineering degree and is an MBA professional from a well-known university, capable of evaluating the market and competitive conditions. An exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. Proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. Generated business through active client and project development, networking, and high-quality responses. Her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.

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    FAQs

    What has been the historical revenue of the Molecular Sieve Desiccants Market by 2020?

    Global Molecular Sieve Desiccants Market’s historic revenue was USD 513.7 Million in 2018

    What will be the revenue generation of the Molecular Sieve Desiccants Market by the year 2027?

    The market will be generating revenue of USD 746.7 Million by the end of 2024.

    What will be the CAGR of the Molecular Sieve Desiccants Market?

    The market’s CAGR is calculated to be 6.53%.

    What reasons are hampering the global molecular sieve desiccants market’s growth?

    The factor such as the superior cost of molecular sieves as compared to other desiccants is going to impede the expansion of the global market’s growth.

    What are the prime segments of the global molecular sieve desiccants market?

    global molecular sieve desiccant market includes prime segments such as form, type, and application.

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