Industrial dryers are used to reduce moisture efficiently from large quantities of bulk materials. The principle involved in drying is the drawing of moisture from the interior of individual particles to the surface. This moisture on the surface is then evaporated. Industrial dryers are constructed depending on the type and quantity of material to be processed.
Market Analysis and Insights: Global Industrial Dryers Market
Due to the COVID-19 pandemic, the global Industrial Dryers market size is estimated to be worth US$ 5344.9 million in 2022 and is forecast to a readjusted size of US$ 6532.3 million by 2028 with a CAGR of 3.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Direct Dryers accounting for % of the Industrial Dryers global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Food segment is altered to an % CAGR throughout this forecast period.
The direct dryers segment accounted for the largest share of the industrial dryers market in 2017 owing to the steep increase in their usage across several industries owing to their simple functionality and efficiency.
Global Industrial Dryers Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Dryers Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Direct Dryers
Indirect Dryers
Specialty Dryers
Segment by Application
Food
Pharmaceutical
Fertilizer
Chemicals
Cement
Others
By Company
Thyssenkrupp
Andritz
GEA
Metso
Flsmidth
Buhler
Anivi Ingenieria
Carrier Vibrating Equipment
Comessa
Mitchell Dryers
Thompson Dryer
FEECO International
AVM Systech
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina