Asia-Pacific Spray Drying Equipment Market By Type (Rotary Atomizer, Nozzle Atomizer, Fluidized, Closed Loop, And Centrifugal), Application (Food, Pharmaceutical, And Chemical), Drying Stage, Cycle Type, Flow Type By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2024 to 2029

Updated On: January, 2024
ID: 7463
Pages: 145

Asia Pacific Spray Drying Equipment Market  Size and Growth Analysis:

Asia Pacific Spray Drying Equipment Market size was around USD 890 million in 2022 It is expected to grow at a CAGR of 7.5% to reach USD 1.45 billion by 2027. It captures 20% of the global market.

The spray drying technique transforms the feed from a fluid state into dried particulate form by spraying the feed into a hot drying medium. It is a non-stop particle processing drying operation. The feed can be a solution, suspension, dispersion, or emulsion. The dried product can be in the form of powders, granules, or agglomerates based on the physical and chemical properties of the feed, the dryer design, and the final powder properties desired. This demand for this market is very closely linked with the demand for processed food and related products. Investments and technological advancements are the primary drivers of this market. Stable GDP and rising awareness among the consumers are other secondary factors driving the growth of this market. Spray drying though advantageous adversely affect the organoleptic properties such as the taste and color of the particular food product if its operation is not properly handled which is the primary restraint of this market. Moreover, its operational cost is very high because of the high consumption of thermal energy by the equipment which is the secondary restraint in the growth of this market.

Asia Pacific Spray Drying Equipment Market Segmentation:

The Asia Pacific Spray Drying Equipment can be categorized into five categories:

  • by equipment type

  • by driving stage

  • by cycle type

  • by flow type

  • by application

If we go by equipment type, Spray Drying Equipment is segmented into Rotary atomizer, Nozzle atomizer, Fluidized, Closed loop, Centrifugal, and others. If we go by driving stage then the market is categorized into single-stage, two-stage, and multi-stage.

On the basis of cycle type, the market is segmented into open and closed. If we go by flow type the market is segmented into co-current, counter-current, and mixed. On the basis of application, the market is categorized into food, chemicals, pharmaceuticals, and others. Spray drying has the potential to undergo growth in the future. Closed loop spray dryers are ideal for handling slurries and drying them into the required powder form which is applicable for the coating of tiles in the ceramic industry and might be the reason for the projected growth in the aforementioned forecast period. The chemicals category is estimated to be the fastest growing segment during the aforementioned forecast period because of the increase in demand for plastic resins and other polymers that will fuel the spray drying equipment market.

Asia Pacific Spray Drying Equipment Market Geographical Analysis

  • India

  • China

  • Korea

  • Japan

It is the third largest last in terms of market share and the fastest growing market. China is the leading player in the region. Stable GDP and rising awareness among consumers are the causes attributable to the observable trend mentioned above.

Asia Pacific Spray Drying Equipment Market Key players:

  1. GEA Group AG (Germany)

  2. SPX Flow Technology (U.S.)

  3. Buchi Labortechnik AG (Switzerland)

  4. Dedert Corporation (U.S.)

  5. European Spray Dry Technologies LLP (U.K.)

  6. Changzhou Lemar Drying Engineering Co. Ltd. (China)

  7. Shandong Shungeng Drying Equipment Co. Ltd. (China)

  8. Acmefil Engineering Systems Pvt. Ltd. (India)

  9. New AVM Systech Pvt. Ltd. (India)

  10. C.E. Rogers Company (U.S.)

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