Latin America Spray Drying Equipment Market

Latin America Spray Drying Equipment Market Size, Share, Growth (2022-2027)

Latin America Spray Drying Equipment Market size was around USD 550 million in 2021 It is expected to grow at a CAGR of 6.5% to reach USD 710million by 2027. It captures 12% of the global market.

Latin America Spray Drying Equipment Market Overview

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 and 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 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.

Latin America Spray Drying Equipment Market Segmentation

The Latin America 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, 

• Rotary atomizer

• Nozzle atomizer

• Fluidized

• Closed loop

• Centrifugal

If we go by the driving stage then the market is categorized into single-stage, two-stage, and multi-stage.

On the basis of cycle type,

• open

• closed

by flow type

• co-current,

• counter-current

• mixed

• On the basis of the application,

• food

• chemicals

• pharmaceuticals

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 which 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.

Latin America Spray Drying Equipment Regional Analysis

• Brazil

• Chile

• Argentina

It is second to last in terms of market share. Brazil is the leading player in the region.

Keyplayers

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.)