This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Spray Drying Equipment Market

Spray Drying Equipment Market

Spray Drying Equipment Market Size, Trend Analysis & Competition Tracking By Product (Rotary Atomizer, Nozzle Atomizer, Fluidized, Centrifugal, Closed Loop), By Operating Principle (Direct Drying, Indirect Drying) – Global Market Insight 2019 - 2027

Spray Drying Equipment Market
FACT4418MR
  • Mar-2022
  • List of Tables : 147
  • List of Figures : 119
  • 170 Pages
  • Industrial Goods

Asia Pacific to Retain Dominance in Spray Drying Equipment Market, as Regional Pharmaceutical Industries Register Strong Growth

A recently published report by Fact.MR on spray drying equipment market foretells that sales of spray drying equipment would continue to soar in the long term. In terms of value, the global spray drying equipment market is estimated to surpass the valuation of US$ 820 Mn by 2027 with a year-on-year growth of ~4% in the foreseeable future.

Spray drying equipment has gained traction across different verticals on the back of their ability to enhance bulk production capacities of end-use plants in a scalable manner.

End-use industries such as food processing, chemicals, and pharmaceutical industries are investing millions of dollars in spray drying equipment to move from small scale to large scale operations. In addition, future investments on amplifying commercial manufacturing capabilities, efficiency, and quality of final product is estimated to play a significant role in strong growth of global spray drying equipment market.

spray drying equipment market

For strategic insights on the regional landscape of the spray drying equipment market, ask an analyst here

The scope of customization in spray drying equipment is becoming a key driving factor across the globe especially in Asian countries. As a result, Asia Pacific accounts for around 2/5th of new installations in the global spray drying equipment industry. Furthermore, increasing demand for processed food and bulk chemicals across Asia Pacific has further bolstered the lead position of this region in the spray drying equipment market.

Investments in Brownfield and Greenfield Establishments will Provide Strong Growth Trajectory for Spray Drying Equipment Market

The global spray drying equipment industry has witnessed significant investments in brownfield and Greenfield establishments across different verticals over the historical period. Both developed as well as developing economies are gaining immense traction in the niche industry of spray drying equipment on the back over 900 brownfield and Greenfield establishments of food, chemicals and pharmaceuticals

New projects across different verticals will upsurge the worldwide sales of spray drying equipment by 1.3x over the long-term forecast period (2019-2027). In addition, the replacement rate of spray dryers also plays a pivotol role among end-use industries which is expected to remain around 5% over the forecast period.

High Throughput in Drug Manufacturing to Catapult Spray Drying Equipment Sales

The development of highly efficient pharmaceutical formulations with increased bioavailability and high throughput in drug manufacturing is expected to open doors for key spray drying equipment manufacturers. Despite being used in food and chemical industries, spray drying technology is gaining traction within mainstream product categories in the pharmaceutical industry.

spray drying equipment market attractiveness

Avail customized purchase options for your needs

For more extensive insights on the end-use applications of the spray drying equipment market, request for a report sample here

Drug manufacturing companies are hugely emphasizing on mass drug production to leverage opportunities in the pharmaceutical industry. Moreover, transforming end-users preference towards customized spray drying equipment coupled with growing research activities on large biomolecules will amplify the installation of spray drying equipment.

As a result, spray drying equipment market in the pharmaceutical industry is anticipated to witness prolific growth across the globe and the pharmaceutical segment is expected to grow at a CAGR of 6% during the forecast period.

Key Market Actors Compete Aggressively on Collaborative Value Additions

The global market for spray drying equipment industry is highly consolidated in nature with prominent manufacturers accounting for over 3/5th of market share. Some of the prominent players are GEA Group AG, SPX Flow Technology and Dedert Corporation among others.

The key stakeholders are focusing on value-added technologies related to evaporation, air distribution and atomization to amplify the company’s position across the supply chain. This is primarily attributed to the continuous collaboration among companies towards meeting rising demand for spray dryers across industries mainly in food and pharmaceuticals.

This will pave the way for increased penetration in high growth markets of Asia Pacific as well as strengthen their footholds in regions such as Europe and North America.

An Adaptive Approach to Modern-day Research Needs

Global Spray Drying Equipment Market: In-Depth Assessment on Key Segments

The global spray drying equipment market is segmented on the basis of product, capacity, operating principle, end-use industry, cycle type, flow type, and region.

Product
  • Rotary Atomizer
  • Nozzle Atomizer
  • Fluidized
  • Centrifugal
  • Closed Loop
Capacity
  • Small (upto 2 Tons/Hr.)
  • Medium (2 - 50 Tons/Hr.)
  • Large (More than 50 Tons/Hr.)

Operating Principle

  • Direct Drying
  • Indirect Drying
End-Use Industry
  • Food & Beverage
  • Chemical
  • Pharmaceutical
  • Others (Feed, Paper & Pulp, etc.)
Cycle Type
  • Open Loop System
  • Closed Loop System
Flow Type
  • Co-Current Flow Spray Dryers
  • Counter-Current Flow Spray Dryers
  • Mixed Flow Spray Dryers
Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

- FAQs -

Some of the prominent players are GEA Group AG, SPX Flow Technology and Dedert Corporation among others.
Co-Current Flow Spray Dryers,Counter-Current Flow Spray Dryers,Mixed Flow Spray Dryers are the flow types of Spray Drying Equipment.

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Automated External Defibrillators Market

Automated External Defibrillators Market is expected to reach US$ 48.26 Billion by 2032. Demand for ...

Plastic Medicine Spoons Market

The plastic medicine spoons market is projected to observe steady growth during 2021-2031. The medic...

Dental Services Market

Dental Services Market expects to account for an opportunity of US$ 65.3 Billion during 2022-2032. M...

Potassium Formate Market

Potassium Formate Market research report Segmented By Delivery Form (Dry solid / Non-caking powder, ...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.