Dehumidifiers market Growth and Segments,2014-2020 FMI | Page 4

Report
Description
Report Description
Growing infrastructural development in Asian countries is shifting the construction
industry at pace in which dehumidifiers are widely deployed for various application such
as for drying plasters and slabs. Increasing numbers of hotels, restaurants, cold storage
and food industries in America and Europe is resulting in increasing demand for
dehumidification solution in global dehumidifiers market, which is estimated to grow
significantly.
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On the basis of type, the global dehumidifiers market is segmented into heat pumps,
ventilating dehumidifiers (refrigerant dehumidifiers) and chemical absorbent
dehumidifiers (desiccant dehumidifiers). As of 2013, absorbent type dehumidifier
dominated the global dehumidifiers market, due to increased demand in hotels,
restaurants, food and beverage industry, office buildings and medical centers. In terms of
revenue,chemical absorbent type dehumidifiers accounted for largest share in global
dehumidifiers market, followed by heat pumps type and ventilating type dehumidifiers
segments respectively. Growing with significant CAGR absorbent type dehumidifiers
market segment is expected to maintain its dominance throughout the forecast period in
global dehumidifiers market, whilst the heat pump type dehumidifiers’market segment is
projected to register a steady growth in global dehumidifiers market with a CAGR around
6% to 8% during the forecast period.