Liquid Desiccant Market to Reach US$ 57 Million by 2029 with a CAGR of 5.5% | Industry Analysis, Key Players, and Growth Opportunities

The Liquid Desiccant Market is anticipated to reach a valuation of US$ 57 million by 2029, exhibiting a steady CAGR of 5.5% during the forecast period 2023-2029. This market research report provides comprehensive insights into market trends, growth drivers, key players, and future prospects of the liquid desiccant industry.

The Liquid Desiccant Market is projected to reach a valuation of US$ 57 million by 2029, witnessing a steady compound annual growth rate (CAGR) of 5.5% during the forecast period 2023-2029. The market growth is driven by the increasing demand for moisture control solutions in various industries.

Liquid desiccants are highly effective in removing moisture from the air and maintaining optimal humidity levels in various applications. They find extensive usage in industries such as HVAC (Heating, Ventilation, and Air Conditioning), food processing, pharmaceuticals, and electronics manufacturing, among others. The ability of liquid desiccants to efficiently absorb and control moisture content contributes to improved product quality, energy efficiency, and environmental sustainability.

The demand for liquid desiccants is propelled by factors such as growing awareness about the importance of moisture control, stringent regulations regarding product quality and safety, and the need to prevent moisture-related issues such as corrosion, mold growth, and degradation. Additionally, the rising adoption of liquid desiccants in green buildings and energy-efficient systems further drives market growth.

Key players in the liquid desiccant market are investing in research and development activities to enhance the performance and cost-effectiveness of their products. They are focused on developing innovative solutions that cater to the specific requirements of different industries. Collaborations, partnerships, and mergers and acquisitions are witnessed in the market as companies aim to expand their market presence and strengthen their product portfolios.

Find more details about this report at:

The key manufacturers of Liquid Desiccant include OxyChem, Tetra Technologies, Solvay, Zirax, etc. The top four players account for about 70% of the global market, with Oxychem being the world’s largest player with about 28%.

At present, North America, Europe and the Asia-Pacific region are the major markets in the world, of which North America and Europe account for about 20% respectively, and the Asia-Pacific region accounts for about 15%.

In terms of product types, calcium chloride, lithium chloride and lithium bromide are the three main subdivisions. Calcium chloride and lithium chloride accounted for about 47% respectively.

The products are mainly used in food and beverage and pharmaceutical, accounting for 46% and 36% respectively.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Liquid Desiccant market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

Segment by Type

  • Calcium Chloride
  • Lithium Chloride
  • Lithium Bromide


Segment by Application

  • Food and Beverage
  • Pharmaceutical
  • Others


By Company

  • OxyChem
  • Tetra Technologies
  • Solvay
  • Zirax
  • SQM
  • Albemarle Corporation
  • Livent Corporation
  • Ganfeng Lithium
  • Tianqi Lithium
  • Leverton Clarke


Request a Sample Copy or Connect for Further Details:


The Liquid Desiccant report covers below items:

Chapter 1: Product Basic Information (Definition, type and application)

Chapter 2: Manufacturers’ Competition Patterns

Chapter 3: Production Region Distribution and Analysis

Chapter 4: Country Level Sales Analysis

Chapter 5: Product Type Analysis

Chapter 6: Product Application Analysis

Chapter 7: Manufacturers’ Outline

Chapter 8: Industry Chain, Market Channel and Customer Analysis

Chapter 9: Market Opportunities and Challenges

Chapter 10: Market Conclusions

Chapter 11: Research Methodology and Data Source


About US:

At ‘The Market Reports’, we are a trusted market research firm dedicated to empowering businesses with valuable insights and data to drive their success. We offer a wide range of comprehensive market research reports to meet the unique needs of each client. From market analysis and competitive intelligence to consumer behaviour and trend forecasting, we provide the critical information necessary to make informed decisions and stay ahead of the competition. Our goal is to empower our clients with the knowledge they need to drive growth, make strategic investments, and seize new opportunities.

Media Contact
Company Name: The Market Reports
Contact Person: Shirish Gupta
Email: Send Email
Phone: +16314071315
Address:SF-29, Sacred World, Wanawadi
City: Pune
State: Maharastra
Country: India