The Global Spray Drying Equipment Market Report By The Business Research Company Covers Spray Drying Equipment Market’s Drivers And Restraints, Spray Drying Equipment Market Size, Major Players, And The Impact Of COVID-19 On The Spray Drying Equipment Market.
The spray drying equipment market consists of sales of spray dryers and related equipment by entities (organizations, sole traders, and partnerships) that are engaged in the production of different types of spray dryers for different industries. Spray drying is a way of quickly drying a liquid or slurry into a dry powder with a hot flame. Spray drying equipment is widely used in foods, pharmaceuticals, plastic resins, ceramics, and the chemical industry.
An increase in the consumption of processed and ready-to-eat (RTE) foods is expected to propel the growth of the spray drying equipment market during the forecast period.
The global spray drying equipment market is expected to grow from $4.35 billion in 2020 to $4.81 billion in 2021 at a compound annual growth rate (CAGR) of 10.58%. The growth in mainly due to increase in ready-to-eat food products, high consumption of processed food and increasing technological advancements in the market. The spray drying equipment market is expected to reach $6.44 billion in 2025 at a CAGR of 7.58%.
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Some spray drying equipment market trends include increasing collaborations between major companies for advancing product performance, increasing production capabilities, expanding market share, and developing new products. For instance, in March 2021, Sweden based Tetra Pak announced partnership Rockwell Automation based in US to advance performance for powder manufacturers starting with evaporation and spray drying. This collaboration is expected to develop new Powder Plant Booster™ solution, that would be packaged with Rockwell Automation Model Predictive Control (MPC) and its Pavilion8® and PlantPAx® MPC technology.
Global spray drying equipment market segments include:
By Product Type: Rotary Atomizers, Nozzle Atomizers, Fluidized, Centrifugal, Others
By Flow Type: Co-current, Counter Current, Mixed
By Application: Food, Chemical, Pharmaceutical, Other Applications
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global spray drying equipment market share.
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The Spray Drying Equipment Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides spray drying equipment market overviews, analyzes and forecasts market size, share, spray drying equipment market players, spray drying equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The spray drying equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Spray Drying Equipment Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: GEA Group, SPX Flow, Shandong Tianli Drying Technology & Equipment, Buchi Labortechnik AG, European SprayDry Technologies, Dedert Corporation, Acmefil Engineering Systems Pvt. Ltd., Yamato Scientific America Inc., Swenson Technology Inc., Tetra Pak International S.A., Saka Engineering Systems Private Ltd., Shandong Shungeng Drying Equipment Co. Ltd., G. Larsson Starch Technology AB, Hemraj Enterprises, New AVM Systech Pvt. Ltd., C. E. Rogers, Changzhou Lemar Drying Engineering Co. Ltd., Dürr Systems Inc, and SiccaDania.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Spray Drying Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Spray Drying Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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