Global Industrial Dryers Market – Industry Trends and Forecast to 2030

Industrial Dryers Market Analysis and Sizes

Industrial dryers are used to decrease the moisture of huge bulk materials, Industrial dryers are available in different sizes depending upon the amount of material needing to be dried. There are various type of dryers in the market such as flash dryer, rotary dryer, spray dryer, and fluidized dryer which has a high demand in the market., which will also help to boost the market growth of the industrial dryers market

Data Bridge Market Research analyses that the industrial dryers market which was USD 1.3 billion in 2022, would rocket up to USD 1.94  billion by 2030, and is expected to undergo a CAGR of 5.12% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Industrial Dryers Market Scope and Segmentation

Market Definition

Industrial dryers are used to protect the material from humidity and moisture during manufacturing or storing the product, dryers function in two types, direct dryers are used in heated air or inert gas. Indirect dryers, run as a batch operation and involve hot fluid circulating through a jacket-surmounted packed container that contains the product. Industrial dryers are applicable in different sectors such as pharmaceuticals, food, chemical, mining and minerals, construction, etc.

Global Industrial Dryers Market Dynamics

Drivers

• Use of dryers in the agriculture sector

Industrial dryers give multi-crop solutions, which allow users to treat different types of crops: from rice to soybeans, from wheat to corn, from peas to barley, and many other crops. Its utilization is important for industrial-level agricultural activities: the drying of cereals is important to avoid the decomposition and the onset of mild and aflatoxins, which will drive the market of industrial dryers

• Increasing use of industrial dryers in different sectors

Industrial dryers have seen great demand from various industries such as chemicals, mining, and minerals, construction. Different types of industrial dryers are used in different industries such as vacuum dryers in biological products and the food sector, fluidized bed dryers in fertilizers, pesticides, and ceramics, sprayers in antibiotics, vitamins, and catalyst support, and rotary dryers in fertilizers, which will increase the market growth of industrial dryers market.

Opportunities

• Rising food industry demands dryers

The food processing industry has extended majorly in the past few years, to prevent food spoilage from moisture and water during food making process and storing people use dryers to prevent food from such things. It gives clean and dry air that can help extend product lifespan and help in packaging and transporting, which creates an opportunity for the industrial dryers market to grow.

• Advancement and growth in pharma industries demand dryers

 In the past few years the world has seen massive growth in the pharmaceuticals industries, the pharma industry needs different types of industrial dryers such as freeze-dryers, vacuum dryers, continuous-tray dryers, mixer dryers, etc. For protecting their material from high temperatures and humid resulting to hamper the manufacturing process of medicines. Which creates an opportunity for industrial dryers to grow in the market. 

Restraints/Challenges

• High operational cost and uses cost

In the industrial sector, the drying process consumes more than 10%-20% of energy compared to other units in the industry. Industrial dryers need fossil fuel to operate and produce air, and burning fossil fuel needs extra cost in the drying process, hence the installation cost of such dryers is also comparatively high, which is expected to hamper the growth of the industrial dryers market. 

• Strict government rules regarding environmental concern 

There are strict rules and regulations regarding environmental concerns around the globe, majorly industrial dryers are operated with the help of fossil fuel which produces carbon dioxide and carbon monoxide which is responsible for environmental pollution. The government doesn’t allow industries to operate such things massively which can create a distribution for them to work, which is expected to hamper the market growth of industrial dryers.

This industrial dryers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the industrial dryers market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

•  In 2016, Major companies in the market are involved in partnerships and collaborations, with TATA, the company entered into a long term service partnership agreement with TATA Chemicals Limited to rearrange pyro-processing systems. The agreement includes repairing, rebuilding and modifying 7 calciners and 12 rotary dryers.
• In 2015, players in the market are focused on partnership, to gain a competitive edge in the market. ANDRITZ AG acquired Euroslot KDSS, with its two subsidiaries in China and India which are intricate in the manufacturing of separation and filtration equipment.

Global Industrial Dryers Market Scope

The industrial dryers market is segmented on the basis of product, type, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Direct Dryers
• Indirect Dryers
• Specialty Dryers

Type

• Rotary Dryers
• Fluidized Bed Dryers
• Spray Dryers
• Flash Dryers    
• Conveyor Dryers
• Drum Dryers
• Freeze Dryers
• Vacuum Dryers

 Application

• Food
• Pharmaceutical
• Fertilizer
• Chemicals
• Cement
• Others
• Material
• Paper and pulp

Global Industrial Dryers Market Regional Analysis/Insights

The industrial dryers market is analysed and market size insights and trends are product, type, and application as referenced above.

The countries covered in the industrial dryers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Saudi Arabia dominates the industrial dryers in the Middle East and Africa because of its strong base in industrialization, growing food and restaurant business, strong presence of major players in the market and good foreign policy, and high demand for industrial dryers     

Asia-Pacific region is expected to hold the largest share in the industrial dryer market in the forecast period of 2023 to 2030. This is because of the growing application of industrial dryers in chemicals, food & beverage, paper & pulp, minerals, and others which will boost the market demand in the region. 

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Industrial Dryers Market Share Analysis

The industrial dryers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial dryers market.

 Some of the major players operating in the industrial dryers market are:

• ANDRITZ (Austria)
• Thyssenkrupp (Germany)
• GEA Group Aktiengesellschaft (India)
• Metso (Finland)
• FLSmidth (Denmark)
• Buhler Holding AG (Switzerland)
• Anivi (Spain)
• Carrier Vibrating Equipment, Inc. (U.S.)
• Mitchell Dryers Ltd (U.K.)
• Yamato Sanko Co., Ltd. (Japan)
• Kerone Engineering Solutions (India)
• Ventilex.(Netherlands)
• FEECO International, Inc (U.S.)
• GEM MACHINERY & ALLIED INDUSTRIES (India)
• Glatt GmbH, Binzen (Germany)
• Cadworks India Pvt. Ltd.(India)
• FEECO International, Inc. (U.S.)

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