High Operational Cost is Anticipated to Restrain Global Spray Drying Equipment Market

High Operational Cost is Anticipated to Restrain Global Spray Drying Equipment Market

PR Newswire

PUNE, India, July 12, 2018

PUNE, India, July 12, 2018 /PRNewswire/ --

The report "Spray Drying Equipment Market by Type (Rotary Atomizer, Nozzle, Fluidized, Closed Loop, Centrifugal), Application (Food, Pharma, Chemical, Feed), Flow Type, Cycle Type, Drying Stage, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated to be valued at USD 4.38 billion in 2018, and is projected to reach USD 6.12 billion by 2023, at a CAGR of 6.9% from 2018.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 70 market data Tables and 39 Figures spread through 145 Pages and in-depth TOC on "Spray Drying Equipment Market - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/spray-drying-equipment-market-229851536.html

Early buyers will receive 10% customization on this report 

The market is driven by factors such as increasing demand for ready-to-eat and functional food products, reduction in thermal damage caused to the product, increase in shelf-life leading to improved logistics, technological innovations, and emerging applications in biotechnology and bioceramics industries.

Nozzle atomizer segment to lead the Spray Drying Equipment Market from 2018 to 2023 

In nozzle atomizer spray dryers, the conversion of feed into fine droplets achieved by pumping the feed under high pressure through an orifice is known as nozzle atomization; this is largely used to produce coarse droplets resulting in large granular particles of dried products. The demand for this type of spray dryer is projected to be largely driven by its increasing usage in food and dairy industries.

Closed cycle segment projected to grow at the highest CAGR, by cycle type, from 2018 to 2023 

The closed cycle segment, by cycle type, is projected to grow at a significantly higher rate during the forecast period. The closed cycle spray dryer process involves recycling of the drying gas, which is used to heat in the drying chamber. This type of spray drying process is preferred when there are environmental issues; the efficiency is also higher in the closed cycle spray drying process. Therefore, this segment is projected to grow at a higher CAGR during the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=229851536

Mixed flow segment projected to grow at the highest CAGR, by flow type, from 2018 to 2023 

The mixed flow segment, by flow type, is projected to grow at a significantly higher rate during the forecast period. Mixed flow spray dryers are a combination of both, co-current and counter-current flow spray dryers. This type of arrangement usually requires higher temperature and is used for drying specifically coarse free-flowing powders.

Multistage segment projected to grow at the highest CAGR, by drying stage, from 2018 to 2023 

The multistage segment, by drying stage, is projected to grow at the highest rate during the forecast period. Significantly increasing usage of this drying stage for R&D purposes as well as its growing demand for food encapsulation is projected to drive this segment in the coming years.

Asia Pacific is projected to be the fastest-growing region during the forecast period 

The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The market in this region is mainly driven by the increasing demand for nutritional products among consumers. Increase in the demand for spray dryers for food encapsulation has been witnessed in the Asia Pacific region. The rising demand for spray drying equipment for dairy products, infant formula, and baby food is expected to drive the Asia Pacific spray during equipment market during the review period.

China was the largest country-wise market for spray drying equipment in the Asia Pacific region. It is one of the major hubs of spray dryer manufacturers and caters to the country's top processing companies as well as to the export market. China is also one of the major markets for food and drug encapsulation in the world; the market here is projected to grow considerably in the next few years.

The report Spray Drying Equipment Market includes a study of business strategies, along with the product portfolios of leading companies such as GEA (Germany), SPX FLOW (US), Dedert Corporation (US), Buchi Labortechnik (Switzerland), European Spraydry Technologies (UK), Changzhou Lemar Drying Engineering Co. Ltd. (China), Shandong Tianli Drying Technology and Equipment (China), Acmefil (India), New AVM Systech (India), C. E. Rogers (US), Advanced Drying System (India), and Labplant (UK).

Know more about the Spray Drying Equipment Market
https://www.marketsandmarkets.com/Market-Reports/spray-drying-equipment-market-229851536.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/spray-drying-equipment-market.asp
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets


Voltar noticias em Inglês