Industry News
The desiccant industry is expected to continue to maintain rapid development in the future
Desiccant Industry Standards
GB/T 20987-2007 "Desiccants": Analysis of the current situation of the desiccant industry shows that this standard specifies the classification, requirements, test methods, and labeling of desiccants, and is the basic standard of China's desiccant industry.
GB/T 29296-2012 "Food Desiccants": This standard is applicable to desiccants in food packaging and specifies the requirements and testing methods for food desiccants.
HG/T 2734-2008 "Industrial Desiccants": This standard applies to desiccants used in industrial production, including the classification, requirements, test methods, and other contents of desiccants.
YZB/SH 0149-2010 "Medical desiccants": This standard applies to desiccants used in medical device packaging and specifies the requirements and testing methods for medical desiccants.
ISO 22131:2010 "Determination of water content of plastics by determination of the equilibrium of a small decimal": This international standard is applicable to the determination method of water content in plastic products.
Current situation of desiccant industry
According to the analysis of the current situation of the desiccant industry, the market size of China's desiccant industry reached 74.99 billion yuan in 2023, while the global fiber desiccant market is expected to reach a high level by 2030, and the compound annual growth rate will also maintain a certain level during this period. The global and Chinese market capacity for desiccant dryers is 3.08 billion yuan and 930 million yuan, respectively, in 2022. Moreover, it is expected that the global desiccant dryer market will grow at a certain compound annual growth rate, and is expected to reach a higher value by 2028.
There are a large number of desiccant related production enterprises in China, mainly small and medium-sized enterprises. Domestic production enterprises have weak independent research and innovation capabilities and do not have core competitiveness. They are mainly distributed in Guizhou, Sichuan, Hubei, Shaanxi, Yunnan and other regions. With the gradual intensification of market competition, the concentration of the desiccant market will further increase. Compared with developed countries, there is a certain gap in the product variety, drying level, and brand building of China's desiccant industry.
The analysis of the current situation of the desiccant industry mentioned that in recent years, the development speed of China's desiccant industry has been relatively fast, but the products are mostly concentrated in the middle and low-end markets, with price competition as the main focus, and high-end products are less involved. With the diversified development of market demand and the increasing emphasis of strong enterprises on branding and scale development, China's desiccant industry will continue to develop towards product diversification, superior performance, branding, and scale.
Overall, the desiccant industry is expected to continue to develop rapidly in the future. With the advancement of technology and the increasing demands of consumers for product quality and environmental protection, the market will have more development opportunities and challenges.
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