Construction Drying Services Market Trends and Forecast
The future of the global construction drying services market looks promising with opportunities in the residential, commercial, and industrial markets. The global construction drying services market is expected to grow with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing frequency of natural disasters & floods, rising focus on water damage restoration, and increasing construction activities in humid regions.
• Lucintel forecasts that dehumidification is expected to witness the highest growth over the forecast period.
• Within this market, residential is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Construction Drying Services Market
• United States: Servpro announced expansion of its commercial drying services, targeting faster response times and enhanced customer satisfaction in disaster recovery efforts.
• United Kingdom: Polygon Group partnered with local government agencies to provide emergency drying services for flood-affected areas, aiming to mitigate property damage and restore normalcy.
• Australia: AirXperts expanded its fleet of desiccant dehumidifiers, focusing on supporting large-scale construction projects in humid coastal regions, meeting government-mandated moisture control standards.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Construction Drying Services Market by Segment
The study includes a forecast for the global construction drying services market by type, application, and region.
Construction Drying Services Market by Type [Value from 2018 to 2030]:
• Dehumidification
• Desiccant Drying
• Structural Drying
• Others
Construction Drying Services Market by Application [Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Construction Drying Services Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Construction Drying Services Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies construction drying services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the construction drying services companies profiled in this report include-
• Ideal Response
• ICE Cleaning
• Polygon
• Bequip
• Royal Plus
• Groupe ADN
• RestorePro
• Southeast Restoration
• Disaster Kleenup Specialists
• AMRestore
Recent Development in the Construction Drying Services Market
• Belfor Holdings Inc.: Expanded its global footprint in drying services through strategic acquisitions, enhancing service capabilities and geographical reach.
• BELFOR Property Restoration: Developed customized drying protocols for heritage buildings, ensuring preservation of historical structures during restoration projects.
• A-1 Restoration: Implemented AI-powered predictive drying models, optimizing moisture removal processes and reducing overall project timelines.
• DRYCO Construction: Introduced mobile drying units for on-demand drying services, catering to temporary construction sites and emergency response scenarios.
• Archer Restoration Services: Collaborated with insurance providers to streamline claims processing for water damage incidents, offering comprehensive drying solutions to policyholders.
Features of the Global Construction Drying Services Market
Market Size Estimates: Construction drying services market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Construction drying services market size by type, application, and region in terms of value ($B).
Regional Analysis: Construction drying services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the construction drying services market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the construction drying services market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for construction drying services market?
Answer: The global construction drying services market is expected to grow with a CAGR of 4.3% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the construction drying services market?
Answer: The major drivers for this market are growing frequency of natural disasters & floods, rising focus on water damage restoration, and increasing construction activities in humid regions.
Q3. What are the major segments for construction drying services market?
Answer: The future of the construction drying services market looks promising with opportunities in the residential, commercial, and industrial markets.
Q4. Who are the key construction drying services market companies?
Answer: Some of the key construction drying services companies are as follows:
• Ideal Response
• ICE Cleaning
• Polygon
• Bequip
• Royal Plus
• Groupe ADN
• RestorePro
• Southeast Restoration
• Disaster Kleenup Specialists
• AMRestore
Q5. Which construction drying services market segment will be the largest in future?
Answer: Lucintel forecasts that dehumidification is expected to witness the highest growth over the forecast period.
Q6. In construction drying services market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the construction drying services market by type (dehumidification, desiccant drying, structural drying, and others), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Construction Drying Services Market Market, Construction Drying Services Market Market Size, Construction Drying Services Market Market Growth, Construction Drying Services Market Market Analysis, Construction Drying Services Market Market Report, Construction Drying Services Market Market Share, Construction Drying Services Market Market Trends, Construction Drying Services Market Market Forecast, Construction Drying Services Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.