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Report Code: CM10856
Category : Equipment Machine and Tooling
The global industrial dryers market is expected to grow significantly, during the forecast period. The growth in the global market is driven by wide industrial application of dryers, emerging economies and rapidly evolving food industry. Additionally, the improving medical and healthcare industries are offering potential growth opportunities for global industrial dryers market, as dryers are extensively used in the pharmaceuticals industry to remove liquids or moisture from bulk solids, chemicals, powders and from various liquids by evaporation or sublimation. The uncertain market and economic conditions have adversely affected the growth of the global industrial dryers market. Additionally, the stringent environmental and safety regulations are likely to negatively impact the growth of the global market.
Drying is an important unit operation applied across various end-use industries, such as food processing, paper, pharmaceutical, apparel, chemical and dairy industry. An industrial dryer is composed of numerous components including electric motor, fan, tube coil, and stainless steel frame. The process of removing moisture from any substance is carried out by dryers. Industrial dryers are mainly deployed to reduce moisture level during bulk material processing. The basic principle of industrial dryers is to draw moisture from internal parts of each particle to the surface, utilizing the entire heat transfer mechanisms including conduction, convection and radiation.
The global industrial dryers market has been categorized on the basis of stage, type, product, and application. On the basis of stage, the market has been segmented into single stage and multi-stage. On the basis of type, the market has been categorized into rotary dryer, fluidized bed dryer, and spray dryers. On the basis of type, the market has been segmented into rotary dryers, fluidized bed dryers and spray dryers. On the basis of product, the market has been segmented into direct and indirect dryers. On the basis of application, the global market has been categorized into food and beverages, pharmaceutical, chemical, fertilizer and cement.
Asia-Pacific is expected to witness the fastest growth in the global market, during the forecast period. The major factors driving the regional market growth include diversified application of industrial dryers across various industries, including chemical, food and beverages, fertilizers, cement, paper and pulp, minerals and pharmaceutical. The increasing disposable income and rise in living standards have changed the food habits of individuals, which has propelled the growth in the food and beverages market, which is further expected to boost growth opportunities for manufacturers of industrial dryers. China, India, and Japan are the leading contributors to the Asia-Pacific industrial dryers market. The emerging economies of China, India, and Malaysia are concentrating on improving the health and medical facilities, which is driving the regional industrial dryers market. Easy availability of raw material, cheap labor and increase in demand from end-use industries is also projected to drive the growth of the industrial dryers market in these countries. The European market for industrial dryers is expected to witness steady growth, during the forecast period. The South American region is likely to grow significantly in the global industrial dyers market, during the forecast period, owing to increasing manufacturing base of chemical and petrochemical industries.
Some of the key players in the global industrial dryers market includes ThyssenKrupp AG, Andritz AG, GEA Group Aktiengesellschaft, Metso Corporation, FLSmidth & Co. A/S, Buhler Holding AG, ANIVI Ingeniería SA, Carrier Vibrating Equipment, Inc., Comessa, Glatt GmbH, CAD Works Engineering Ltd. and FEECO International, Inc.
Global Industrial Dryers Market Segmentation