The Industrial Dryers Market Is Predicted To Reach USD 8.37 Billion With A CAGR Of 5.77% According To Market Data Forecast Report

The Industrial Dryers Market Is Predicted To Reach USD 8.37 Billion With A CAGR Of 5.77% According To Market Data Forecast Report

ID: 7963 | October 2018 | Region: Global

Industrial Dryers Market report published by Market Data Forecast provides a detailed account of the Market Trends via Customized Research presented as Strategic Analyses, Company Profiles, Competitive Landscape, etc. According to the report the Industrial Dryers Market is estimated to be USD 6.32 billion in 2017 and predicted to rise to USD 8.37 billion by 2022 with a CAGR of 5.77%. Further the market is also geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa

The growth in the global marketplace is driven with the aid of extensive commercial application of dryers, rising economies and hastily evolving food industry. Additionally, the enhancing clinical and healthcare industries are providing ability growth opportunities for worldwide commercial dryers marketplace, as dryers are considerably used in the pharmaceuticals industry to take away drinks or moisture from bulk solids, chemicals, powders and from numerous liquids by means of evaporation or sublimation.

Providers are coming up with numerous improvements in the drying technologies and have enabled spray dryers to produce engineered powders of a particular particulate length and shape. They are integrating statistics generation with the drying method, resulting in the better design of dryer chambers. Producers are the use of cleanable bag filters within the drying era which facilitates to hold the particulates in the dryer chamber. The usage of this generation coupled with a fluidized spray dryer allows efficient production of granulated products at significantly decrease temperatures than those located in traditional spray dryers.

By geography the market is segmented into North America, Asia Pacific, Latin America, Europe and Middle East and Africa. The Asia-Pacific vicinity turned into the biggest industrial dryers marketplace in 2016 due to the rise in call for industrial dryers on this area from the application which includes food, pharmaceutical, chemical substances, fertilizer, cement, minerals, and paper & pulp in the area.

Key players in the market are ThyssenKrupp AG (Germany), Andritz AG (Austria), GEA Group (Germany), Metso Corporation (Finland), FLSmidth & Co. A/S (Denmark), Buhler Holding AG (Switzerland), ANIVI Ingeniería SA (Spain), Carrier Vibrating Equipment, Inc. (U.S.), COMESSA (France), and Mitchell Dryers Ltd. (U.K.), among others.

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