Location of dessicant dryer

I have a system that already has a refrigerant dryer (expected output 39 deg F Dewpoint Temp).

There is a new piece of equipment that requires super dry air and I am considering installing a desiccant dryer for point of use only.

The point of use will require approx 120' of distribution from compressor. The other equipment on the compressed system does not require bone dry air. Is there concerns with installing the desiccant dryer at point of use vs. at the compressor?