Industrial Dryer Market, by Product Type (Fluidized Bed Dryer (Batch, Continuous), Rotary Dryer, Spray Dryer, Flash Dryer, Vacuum Dryer and Other), by Operating Principle (Direct Drying and Indirect Drying), by End-use Industry (Food, Fertilizer, Chemical, Construction Material, Paper & Pulp, Pharmaceutical and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Industrial dryers are used to effectively process large quantities of bulk materials that require reduced moisture levels. Industrial dryers are available in different sizes depending upon the amount of material needing to be dried. Generally, dryers function on two principles namely direct drying and indirect drying whereas various types of dryers are available in the market including a flash dryer, rotary dryer, spray dryer, and fluidized dryer. Industrial dryers find applications in various sectors including pharmaceutical, food, chemical, mining & minerals, constructions, etc. Other types of dryers are also available such as paddle dryers that are used where maximum heat transfer is required.
Market Dynamics
The quality of the product in the pharmaceutical Operating Principal is a major concern. This is also important due to strict government regulations over product quality and its specification in food and pharmaceutical Operating Principal. Generally, products in the industries are heat sensitive that require suitable devices for drying process. The technologically advanced industrial dryers such as vacuum dryers and fluidized bed dryers are suitable equipment for drying operation in food and pharmaceutical Operating Principal. Moreover, these dryers are suitable for other unit operations such as purification and separation involved in the Operating Principal. Thus, high growth of the pharmaceutical and food sectors is expected to drive growth of the global industrial dryer market in the near future. According to Coherent Market Insights’ analysis, there are over 450 projects in the pharmaceutical Operating Principal and over 300 projects in the food Operating Principal that are expected to be completed in the near future. Industrial dryers have witnessed a massive demand from various Operating Principal including healthcare, chemical, mining & minerals, constructions, etc. Different types of industrial dryers are used such as vacuum dryer in biological products and food sector, fluidized bed dryer in fertilizer, pesticides, and ceramics, sprayer in antibiotics, vitamins, and catalyst support, and rotary dryers in fertilizers, waste sludge, limestone, plastics, and chemicals. Hence, the wide use of dryers is expected to propel the global industrial dryer market growth over the forecast period.
Market Taxonomy
This report Product types the Global Industrial Dryer Market on the basis of Product type, Operating Principal, End-use Industry and Region. On the basis of Product type, Global Industrial Dryer Market is segmented into (Fluidized Bed Dryer (Batch, Continuous), Rotary Dryer, Spray Dryer, Flash Dryer, Vacuum Dryer and Other). On the basis of Operating Principal, the Global Industrial Dryer Market is segmented into Direct Drying and Indirect Drying. On the basis of Operating Principal, the Global Industrial Dryer Market is segmented into Direct Drying and Indirect Drying On the basis of region, Global Industrial Dryer Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global Industrial Dryer Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different Product types and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Industrial Dryer Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Industrial Dryer Market includes Metso Corporation, Anivi Ingenieria SA, ThyssenKrupp AG, YAMATO SANKO MFG. CO. LTD., ANDRITZ AG, Wuxi Modern Spray Drying Equipment Co., Ltd, Buhler AG, Ventilex Inc., GEA Group, Comspain XXI S.A., Carrier Vibrating Equipment, Inc., FEECO International, Inc., HEINKEL Drying and Separation Group, Mitchell Dryers Ltd., Spooner Industries Ltd, Changzhou Fanqun Drying Equipment Co. Ltd., and Changzhou Yibu Drying Equipment Co., Ltd.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Industrial Dryer market report caters to various stakeholders in this Operating Principal including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Industrial Dryer Market
Detailed Product Segmentation:
Global Industrial Dryer Market, By Product type:
Fluidized Bed Dryer
Batch
Continuous
Rotary Dryer
Spray Dryer
Flash Dryer
Vacuum Dryer
Other
Global Industrial Dryer Market, By Operating Principal:
Direct Drying
Indirect Drying
Global Industrial Dryer Market, By End-Use Industry:
Food
Fertilizer
Chemical
Construction Material
Paper & Pulp
Pharmaceutical
Others
Global Industrial Dryer Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
ANDRITZ AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Anivi Ingenieria SA
Buhler AG
Carrier Vibrating Equipment, Inc.
Changzhou Fanqun Drying Equipment Co. Ltd.
Changzhou Yibu Drying Equipment Co., Ltd.
Comspain XXI S.A.
FEECO International, Inc.
GEA Group
HEINKEL Drying and Separation Group
Metso Corporation
Mitchell Dryers Ltd.
Spooner Industries Ltd
Spray Drying Equipment Co., Ltd
ThyssenKrupp AG
Ventilex Inc.
Wuxi Modern
YAMATO SANKO MFG. CO. LTD.
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