Industrial Dryers

Global Industrial Dryers Market to Reach US$7.8 Billion by 2030

The global market for Industrial Dryers estimated at US$5.7 Billion in the year 2024, is expected to reach US$7.8 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Direct Dryers, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$4.8 Billion by the end of the analysis period. Growth in the Indirect Dryers segment is estimated at 4.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.5 Billion While China is Forecast to Grow at 8.0% CAGR

The Industrial Dryers market in the U.S. is estimated at US$1.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 8.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.1% and 4.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Global Industrial Dryers Market - Key Trends & Drivers Summarized

What Are the Latest Technological Advancements in Industrial Dryers?

The industrial dryers market has experienced significant technological advancements, enhancing efficiency and effectiveness across various applications. Innovations such as advanced control systems, automation, and the integration of IoT have revolutionized industrial drying processes. Modern industrial dryers now feature precise temperature and humidity controls, real-time monitoring, and automated adjustments, ensuring optimal drying conditions and energy efficiency. The development of novel drying technologies, such as microwave and infrared drying, offers faster and more uniform drying, reducing processing times and improving product quality. Additionally, energy-efficient designs and the use of renewable energy sources in industrial dryers are becoming more prevalent, addressing environmental concerns and reducing operational costs.

How Are Different Industries Benefiting from Advanced Drying Technologies?

Various industries are reaping the benefits of advanced drying technologies, leading to improved productivity and product quality. In the food and beverage industry, efficient drying technologies are crucial for preserving the nutritional value and extending the shelf life of products. The pharmaceutical industry relies on precise and uniform drying to ensure the stability and efficacy of drugs. In the chemical industry, advanced drying technologies enhance the processing of bulk materials and specialty chemicals, improving safety and reducing waste. The textile and paper industries also benefit from innovations in industrial dryers, achieving faster drying times and superior product quality. These advancements cater to the specific needs of different industries, optimizing their operations and enhancing overall efficiency.

Why Is Energy Efficiency a Major Focus in Industrial Dryers?

Energy efficiency has become a major focus in the design and operation of industrial dryers. Rising energy costs and stringent environmental regulations drive the demand for energy-efficient drying solutions. Manufacturers are incorporating advanced heat recovery systems, improved insulation, and energy-saving components into industrial dryers to minimize energy consumption. The use of variable frequency drives (VFDs) and advanced control systems allows for precise energy management, further enhancing efficiency. Additionally, the adoption of renewable energy sources, such as solar and biomass, in industrial drying processes is gaining traction, reducing reliance on fossil fuels and lowering carbon footprints. These energy-efficient innovations not only reduce operational costs but also align with global sustainability goals.

What Are the Key Drivers of Market Growth?

The growth in the industrial dryers market is driven by several factors. Technological advancements in drying technologies and automation enhance efficiency and product quality, meeting the diverse needs of various industries. The increasing focus on energy efficiency and the use of renewable energy sources address environmental concerns and reduce operational costs. The expansion of industries such as food and beverage, pharmaceuticals, chemicals, textiles, and paper drives the demand for advanced drying solutions. Stringent regulatory standards and quality requirements across industries further propel the adoption of innovative drying technologies. Additionally, the growing emphasis on sustainability and resource optimization fosters continuous advancements in industrial dryers. These factors collectively drive the dynamic and rapidly evolving industrial dryers market.

SCOPE OF STUDY:

The report analyzes the Industrial Dryers market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Segment (Direct Dryers, Indirect Dryers, Specialty Dryers)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 223 Featured) -

• Andritz AG
• ANIVI Ingenieria SA
• Buhler AG
• Carrier® Vibrating Equipment, Inc.
• Comessa SA
• Comspain XXI, SA
• FAVA SpA
• GEA Group Aktiengesellschaft
• Glatt GmbH
• Metso Corporation
• Mitchell Dryers Ltd.
• R. Simon (Dryers) Limited
• SWISS COMBI (W. Kunz dryTec AG)
• Tetra Pak International SA
• thyssenkrupp Industrial Solutions
• Voith GmbH & Co. KGaA

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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