Insights on Humidity Indicator Cards (HIC) Market Offering Trends, Share, Size, Growth Until the End of 2028

Dublin 2, Ireland, 2018-Apr-25 — /EPR Network/ —As per the current market trends and the promising nature of the humidity indicator cards market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Fact.MR would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during the period “2018 to 2027”, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.

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Humidity Indicator Cards (HIC) Market: Overview

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.

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.

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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.

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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