Spray Drying Equipment size was around USD 4.2 billion in 2016. It is expected to grow at a CAGR of 7.1% to reach USD 5.92 billion by 2021.
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 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 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 affects the organoleptic properties such as the taste and colour 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 high consumption of thermal energy by the equipment which is the secondary restraint in the growth of this market.
The global Spray Drying Equipment can be categorized into five categories: by equipment type, by driving stage, by cycle type, by flow type and 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 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.
By geography, the global Spray Drying Equipment has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Presently, North America accounts for the largest market and Asia-Pacific has the highest CAGR.
Major companies in the Spray Drying Equipment are GEA Group AG (Germany), SPX Flow Technology (U.S.), Buchi Labortechnik AG (Switzerland), Dedert Corporation (U.S.) and European Spray Dry Technologies LLP (U.K.), Changzhou Lemar Drying Engineering Co. Ltd. (China), Shandong Shungeng Drying Equipment Co. Ltd. (China), Acmefil Engineering Systems Pvt. Ltd. (India), New AVM Systech Pvt. Ltd. (India), and C.E. Rogers Company (U.S.).
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Spray Dryer Type
5.1.1 Introduction
5.1.2 Nozzle Atomizer
5.1.3 Rotary Atomizer
5.1.4 Fluidized
5.1.5 Closed Loop
5.1.6 Centrifugal
5.1.7 Others
5.1.8 Y-o-Y Growth Analysis, By Spray Dryer Type
5.1.9 Market Attractiveness Analysis, By Spray Dryer Type
5.1.10 Market Share Analysis, By Spray Dryer Type
5.2 Drying Stage
5.2.1 Introduction
5.2.2 Multi Stage
5.2.3 Single Stage
5.2.4 Y-o-Y Growth Analysis, By Drying Stage
5.2.5 Market Attractiveness Analysis, By Drying Stage
5.2.6 Market Share Analysis, By Drying Stage
5.3 Cycle Type
5.3.1 Introduction
5.3.2 Open Cycle Spray Dryer
5.3.3 Closed Cycle Spray Dryer
5.3.4 Y-o-Y Growth Analysis, By Cycle Type
5.3.5 Market Attractiveness Analysis, By Cycle Type
5.3.6 Market Share Analysis, By Cycle Type
5.4 Flow Type
5.4.1 Introduction
5.4.2 Co-Current Flow Spray Dryers
5.4.3 Counter-Current Flow Spray Dryers
5.4.4 Mixed Flow Spray Dryers
5.4.5 Y-o-Y Growth Analysis, By Flow Type
5.4.6 Market Attractiveness Analysis, By Flow Type
5.4.7 Market Share Analysis, By Flow Type
5.5 Application
5.5.1 Introduction
5.5.2 Food
5.5.3 Pharmaceutical Industry
5.5.4 Chemical Industry
5.5.5 Other Industries
5.4.6 Y-o-Y Growth Analysis, By Application
5.4.7 Market Attractiveness Analysis, By Application
5.4.8 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Spray Dryer Type
6.1.3.3 By Drying Stage
6.1.3.4 By Cycle Type
6.1.3.5 By Flow Type
6.1.3.6 By Application
6.1.4 Market Attractiveness Analysis 6.1.4.1 By Geographical Area
6.1.4.2 By Spray Dryer Type
6.1.4.3 By Drying Stage
6.1.4.4 By Cycle Type
6.1.4.5 By Flow Type
6.1.4.6 By Application
6.1.5 Market Share Analysis 6.1.5.1 By Geographical Area
6.1.5.2 By Spray Dryer Type
6.1.5.3 By Drying Stage
6.1.5.4 By Cycle Type
6.1.5.5 By Flow Type
6.1.5.6 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 GEA Group AG
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 SPX Flow Technology Denmark A/S
8.3 Dedert Corporation
8.4 Buchi Labortechnik AG
8.5 European Spraydry Technologies Llp
8.6 Changzhou Lemar Drying Engineering Co. Ltd.
8.7 Shandong Shungeng Drying Equipment Co. Ltd.
8.8 Acmefil Engineering Systems Pvt. Ltd.
8.9 New AVM Systech Pvt. Ltd.
8.10 C.E. Rogers Company
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
