This Spray Dryer market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Spray Dryer market.
Global Spray Dryer Market: Introduction
In spray dryers, the material to be dried is atomized into small particles and dried by bringing it in contact with the heating medium and the dried product is obtained in the form of dry granular powder. Spray dryer operation generally consists of three main parts -- atomization, contacting with the heating medium and collection of product. Spray dryers are used where functional and nutritional value of the material and drying of heat sensitive materials is of primary concern, such as in the food and pharmaceutical industry. Spray dryers are used for a variety of industrial products, such as milk powder, cereals, antibiotics, vitamins, paint pigments, catalyst support, ceramics, etc. and thus, there has been significant demand for spray dryers from food & beverage, pharmaceutical and chemicals, among other industries.
Global Spray Dryer Market: Dynamics
Increasing demand from the food and pharmaceutical industry is the major driving factor for the growth of spray dryers market. Spray dryers also help in increasing the shelf life of products, which helps in easy transportation of products and minimizing the damage caused during the drying of products, which in turn, is resulting in an increase in demand for spray dryers. Furthermore, technological advancements in spray dryers that increase their drying efficiency and minimize energy consumption will create opportunities for growth in the spray dryer market. Apart from this, in some cases, drying of food products with the help of spray dryers has resulted in some changes in food products’ organoleptic properties, such as taste, smell, etc. This particular factor may hamper the growth of the spray dryer market owing to changing preference for alternative dryers for the same. Also, high maintenance and operation costs are yet another major factors expected to limit the selection of spray dryers in various industrial applications.
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Significant growth of the food and pharmaceuticals industry in the Asia Pacific (APAC) region wherein spray dryers are frequently used will help in boosting the demand for spray dryers. Also, rising investments in the food sector and increasing demand for processed food products in APAC region will also lead to increased demand for spray dryers over the forecast period. Moreover, rising investments in the food & pharmaceutical industry as well as new upcoming projects in countries, such as India and China, will help in driving the spray dryer market. Furthermore, growing demand from the chemical industry is major factor that is expected to drive growth in the spray dryer market in APAC region. Thus, the spray dryer market in APAC region is expected to register healthy growth over the forecast period. North America and Europe are the other major markets for spray dryers owing to increasing demand from the food industry for energy efficient equipment coupled with standard manufacturing norms regarding food processing. In Europe and North America, the spray dryers market is expected to register substantial growth over the forecast period. Moreover, Latin America and Middle East & Africa spray dryers market are expected to register slow growth over the forecast period.
Global Spray Dryer Market: Key player
Examples of some of the market participants identified across the value chain of the global Spray Dryer market include GEA Group AG, European Spraydry Technologies Llp, Dedert Corporation, SPX Flow Technology Denmark A/S, C.E. Rogers Company, Changzhou Lemar Drying Engineering Co. Ltd., Buchi Labortechnik AG, Shandong Shungeng Drying Equipment Co., Ltd., Acmefil Engineering Systems Pvt. Ltd. and New AVM Systech Pvt. Ltd., among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Spray Dryer Market Segmentation:
On the basis of type, the global Spray Dryer market is segmented into:
- Atomizer
- Rotary
- Nozzle
- Fluidized
- Centrifugal
On the basis of mode of operation, the global Spray Dryer market is segmented into:
- Batch
- Continuous
On the basis of Operating Principal, the global Spray Dryer market is segmented into:
- Direct drying
- Indirect Drying
On the basis of Type of flow, the global Spray Dryer market is segmented into:
- Co-Current
- Counter current
- Mixed Flow
Based on Applications, the global Spray Dryer market is segmented into:
- Food & Beverage
- Pharmaceutical
- Chemical
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
Frequently Asked Questions
What research methodology is used to develop the Spray Dryer Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Spray Dryer Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Spray Dryer Market report?
In addition to up-to-date market figures and customized of the Spray Dryer Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.