A recent report published by Infinium Global Research on spray drying equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional spray drying equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional spray drying equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global spray drying equipment market. According to the report, the global spray drying equipment market is projected to grow at a CAGR of 5.8% over the forecast period of 2019-2025.
Spray drying is a special method of transforming liquid and slurry products in the dry one, with the help of hot gas. This is the most useful method of dehydrating different type of thermally-sensitive products such as food and pharmaceutical products into a dry one. The growing demand for the different type of processed food, pharmaceuticals, and other is helping to grow the demand for the different type of spray drying equipment market.
The growing demand for the different type of temperature-sensitive products such as dairy, food, nutraceuticals, chemical, and pharmaceutical products are helping to grow the demand for a different type of spray drying equipment. Further, the growing demand for the customized spray dryers for different industries is helping to grow the market at a new height. Nowadays, there is a different type of customized spray drying equipment are available for different application such as melt, solution, suspension, gel and slurry products. However, the lack of skilled personnel in the developing countries and the high cost of installation of the spray drying equipment is restricting the growth of the market.
Geographically, the spray drying equipment market is segmented into four regions namely, North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the spray drying equipment market, owing to the presence of a large number of food processing, dairy processing, pharmaceutical and chemical companies in this region. Additionally, the presence of several retail and industrial consumers for the temperature-sensitive products in this region is helping to grow the demand for the spray drying equipment in this region. Europe is the second-largest market after North America for the spray equipment. The Asia-Pacific market for the spray drying equipment is expected to grow at the highest CAGR during the forecast period, owing to the growing demand of the different type of dairy, food, pharmaceutical, and chemical product for domestic and commercial purpose.
The report on global spray drying equipment market covers segments such as spray dryer type, application, cycle type, drying stage, and flow type. On the basis of spray dryer type, the sub-markets include rotary atomizer spray dryer, nozzle atomizer spray dryer, fluidized spray dryer, closed loop spray dryer, and centrifugal spray dryer. On the basis of application, the sub-markets include food, pharmaceutical, chemical, and other applications. On the basis of cycle type, the sub-markets include open cycle, and closed cycle. On the basis of drying stage, the sub-markets include multistage, two stage, and single stage. On the basis of flow type, the sub-markets include co-current flow spray dryers, counter-current flow spray dryers, and mixed flow spray dryers.
The report provides profiles of the companies in the market such as Advanced Drying Systems, C E Rogers Co., New AVM Systech Private Limited, Acmefil Engineering Systems Private Limited, Changzhou Lemar Drying Engineering Co., Ltd., Dedert Corporation, European Spraydry Technologies, Buchi AG, Shandong Tianli Drying Technology and Equipment Co Ltd, and SPX FLOW, Inc.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of spray drying equipment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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