IMARC Group, a leading market research company, has recently releases report titled “Industrial Dryers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global industrial dryers market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the industrial dryers market?
Report Attributes | Details |
Market Size in 2022 | US$ 5.32 Billion |
Market Forecast in 2028 | US$ 6.9 Billion |
Growth rate (2023 to 2028) | CAGR of 4.35% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What are industrial dryers?
Industrial dryers refer to devices that attract moisture from each particle on the surface to remove other solvents from materials. Some of the numerous components included in these machines are a fan, tube coils, an electric motor, etc. These dryers usually operate on direct drying and indirect drying principles by using heat transfer mechanisms, such as dispersion, conduction, radiation, etc. They can provide clean and dry air, extend the life of products, and help to transport, store, and package a wide array of products that require low levels of humidity. Industrial dryers also aid in preventing food spoilage by removing water during both processing and preparation. Consequently, they find extensive applications across various sectors, including food and beverage (F&B), chemicals, mining, pharmaceuticals, construction, etc.
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What are the growth prospects and trends in the industrial dryers industry?
The growing demand for dehydrated, processed, and frozen food items with an extended shelf life is primarily driving the industrial dryers market. Additionally, the increasing investments by government bodies for the establishment of new manufacturing facilities are further bolstering the market growth. Besides this, the introduction of product variants, such as fluidized bed dryers, superheated steam dryers, vacuum dryers, and freeze-control dryers, are acting as significant growth-inducing factors.
Moreover, the launch of favorable policies by government bodies for maintaining the quality of manufacturing in the pharmaceutical and chemical industries is positively influencing the global market. Apart from this, continuous technological advancements in industrial dryers for direct and indirect drying operations are also stimulating the market growth. Furthermore, the inflating levels of industrialization are anticipated to fuel the industrial dryers market over the forecasted period.
Who are the key players operating in the industry?
The report covers the major market players including:
- Andritz Ag
- Anivi Ingenieria
- Bühler AG, Carrier Vibrating Equipment Inc.
- Comessa S.A.
- Feeco International Inc
- FLSmidth & Co. A/S
- GEA Group Aktiengesellschaft
- Glatt GmbH
- Metso Corporation
- Mitchell Dryers Ltd.
- Swiss Combi AG
- ThyssenKrupp AG
What is included in market segmentation?
The report has segmented the market into the following categories:
Product Type Insights
- Direct
- Indirect
- Others
Type Insights
- Rotary
- Fluidized Bed
- Spray
- Others
Application Insights
- Food
- Pharmaceutical
- Fertilizer
- Chemical
- Cement
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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