Rockville, MD -- (SBWire) -- 05/10/2018 --The global market discussion on humidity indicator cards can be found in an upcoming report titled "Humidity Indicator Cards Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028", which is going to be published in the wide database of Fact.MR.
Humidity indicator card is a card impregnated with a chemical solution which changes colors to indicate the different levels of humidity with changing moisture. The chemical is cobalt chloride. Humidity indicator cards are used in several end use industries where moisture change can cause severe damage to the product. These cards indicate the change in the relative humidity. These cards have several benefits - easy to use & read, cost effective, instant visual verification of product integrity. Humidity indicator cards can be categorized as a part of active, smart & intelligent packaging. The global market for humidity indicator cards is categorized into end use industries such as food, electronics, pharmaceuticals, military applications, diagnostic & optical component packaging. The market for humidity indicator cards is expected to grow during the next ten years.
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Moisture sensitive devices, components or parts that needs to be protected from moisture are monitored by placing the humidity indicator card with them in a sealed container. With the help of humidity indicator card, moisture sensitive products can be protected from rust and corrosion. The humidity indicator card serves as a guide to monitoring device exposure.
Humidity Indicator Cards (HIC) Market: Dynamics
The major key driver for global market for humidity indicator card is the electronics packaging industry. Humidity indicator cards are used in electronics industry to indicate the humidity levels as excessive moisture content may degrade the operational performance and cause permanent damage to the semiconductors and electronic devices.
Humidity Indicator Labels have witnessed wide usage in the current scenario. This is mainly attributed to the excellent visualization of humidity levels enabled by HIC. In addition to that, Humidity Indicator Cards are cost effective, which plays a key role in increasing their preference.
Despite the positive outlook, there are some factors which might hamper the growth of the global market for humidity indicator cards. First is the storage of these cards must be in sealed container in order to avoid the change in levels of humidity with moisture and second is that these cards only indicate the humidity level.
Humidity Indicating Cards (HIC) Market: Regional Outlook
Geographically, the global market for humidity indicating cards (HIC) is divided into seven key regions as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APeJ), Middle East & Africa, and Japan. APEJ humidity indicator cards is expected to account for maximum market share in the global humidity indicator market. China is expected to contribute for nearly half of the global semiconductor market. The global humidity indicator market is expected to grow further on the backdrop of semiconductors market during the forecast period.
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Humidity Indicating Cards (HIC) Market: Key Players
Some of the key players operating in the global humidity indicator cards (HIC) market are categorized in three tiers (revenue wise) as
Tier 1 (includes players having revenue more than US$ 15 Mn)
AGM Container Controls, Inc.
Advantek, Inc.
Tier 2 (includes players having revenue in between US$ 5-15 Mn)
Drytech Inc.
Tier 3 (includes players having revenue less than US$ 5 Mn)
Garg Chemical Company
Brownell Limited
Dessicare, Inc.
Multisorb Technologies Inc.
Reel Service Ltd.
Humi Pak Sdn. Bhd.
Stream Peak International Pte Ltd.
Prestige Technology (S) Pte. Ltd.
Scientific Instrument Services, Inc.
Electronics Materials Solutions Division Static Control Products
Dou Yee Enterprises (S) Pte Ltd.
Suzhou Winwinet Import & Export Co., Ltd.
Shanghai Hengyuan Macromolecular Materials Co., Ltd.
Shenzhen Chunwang Environmental Protection Technology Co.,Ltd.
Many small and regional players are expected to contribute to the global humidity indicator cards (HIC) market.
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Humidity Indicator Cards (HIC) Market Overview, Trends and Drivers Examined