Press release
Humidity Indicator Plug Market - Industry Trends and Forecast to 2029
Humidity indicator plugs is small and are screwed into the wall of tanks and containers and feature a clear window fitted with a humidity indicator discs. These Humidity indicator plugs measure the interior relative humidity levels while being read from outside the tanks and container. The discs change colour as the interior humidity of the container upsurges.View Detailed Report: https://www.databridgemarketresearch.com/reports/global-humidity-indicator-plug-market
Humidity indicator plugs are commonly used to monitor and detect the several humidity levels inside the closed packaged tanks and containers. Humidity indicators plugs can be used in optical cavities, electronic enclosures and flexible moisture-vapor-proof bags to measure the changes in relative humidity. These humidity indicator plugs are accessible in a variety of indicators per the consumer's need and the increasing ability of the plugs to provide an exact measurement of the humidity of the tanks and container without opening it will encourage the humidity indicator plugs market growth.
Data Bridge Market Research analyses that the humidity indicator plug market was valued at USD 230.00 million in 2021 and is expected to reach USD 350.31 million by 2029, registering a CAGR of 5.40 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Global Humidity Indicator Plug Market Dynamics
Opportunities
New launches
Major manufacturers continuously focus on providing innovative and affordable humidity indicator plugs to attract the small scale industry market players. For Instance, ONE STEP (Dongguan) Packing Material Co., Ltd, one of the manufacturers of the humidity indicator plugs, has introduced a cost-effective humidity plugs in the market. So, the growing number of new launches will boost the new market opportunities for the market's growth rate.
Drivers
Rising adoption in several end-user industry
Growing adoption of the humidity indicator plugs to maintain the humidity in the increasing number of applications in several industries such as electronics, logistics, aerospace, and others for monitoring the humidity levels for long term are some of the major factors which are expected to increase the growth of the humidity indicator plug market during forecast period.
Material
Aluminium
Brass
Stainless Steel
Application
Containers
Electronic Enclosures
Moisture-Vapour-Proof Bags
Others
Some of the major players operating in the humidity indicator plug market are:
Clariant (Switzerland)
AGM Container Controls, Inc (U.S.)
Protective Packaging Corporation (U.S.)
Drytech, Inc. (U.S.)
Goodwin Robbins Packaging Company Inc. (U.S.)
ONE STEP (Dongguan) Packing Material Co., Ltd. (China)
Envirotronics. And James Dawson Entreprises Ltée/Ltd (U.S.)
Delta Enterprises (U.S.)
Cole-Parmer Instrument Company, LLC. (U.S.)
Stratotech LLC (U.S.)
North America dominates the humidity indicator plug market in terms of market. This is due to the increasing demand for humidity indicator plug in this region. The North America region leads the humidity indicator plug market due to the product's increasing demand and the expansion of several end user industries in this region.
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