Press release
Centrifugal Industrial Dryer Market is Anticipated to Grow US$ 264.8 Mn by 2025
Request for Table of Contents @ https://www.persistencemarketresearch.com/market-research/centrifugal-industrial-dryer-market/toc
Centrifugal industrial dryers are widely used in applications such as metal finishing, food processing, plastic recycling, pharmaceutical and chemical. The following factors are primarily responsible for growth in revenue of the global market:
Healthy growth in the industrial sector to boost market demand: Centrifugal dryers are utilized in various end-use industries for drying of lightweight and small-sized components and products. Over the past few years, there has been a positive growth in the industry, which is an impact of re-shifting of manufacturing at the global level. This is expected to create hope for market participants for a positive upsurge in the demand for centrifugal dryers.
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/19348
Growing environmental concerns increasing the need for plastic recycling: Dryers play a vital role in the plastic recycling process as the solid remains can be easily recycled post removal of moisture/oil. Centrifugal dryer is a preferred choice in the recycling industry due to its capability to provide uniform drying for lightweight plastic solids. The growth of the plastic recycling industry in the world is projected to significantly boost revenue growth of centrifugal dryers.
Robust growth of the automotive component industry generating demand for finished metal components: The favorable macro-economic environment and healthy growth in the domestic and export market for automotive components is expected to create immense growth opportunities for the centrifugal dryer market across some regions of the world such as Asia Pacific.
Market insights suggests that the overall width of the global centrifugal industrial dryer market will expand within the forecast period. Several positive changes are expected to fuel the growth of the market. In the operating principle segment, the direct type will play a pivotal role in building global market revenue.
Request Report Multiple Chapter @ https://www.persistencemarketresearch.com/multiple-chapter/19348
This segment is expected to be the most attractive market segment. According to the report, the direct type centrifugal industrial dryer segment will account for a value share of more than 85% in the global centrifugal industrial dryer market. The segment will surge at a CAGR of 3.9% within the forecast period.
In the application segment, the metal finishing segment is the largest consumer of centrifugal industrial dryer and is expected to mint a significant revenue within the forecast period. The segment is projected to gain 250 basis points between 2017 and 2025 and reach a market value share of 60.1% by the end of the forecast period in 2025.
Amongst the major regional markets, Asia Pacific will show promising results during the forecast period. The region is estimated to represent a market share of 36.3% in 2017 and the market will expand at a CAGR of 4.8% within the stipulated time period. The sales revenue of the North America centrifugal industrial dryer market will pump up to US$ 73.7 Mn by the end of 2025 with a CAGR of 3.3%. The markets in the Middle East & Africa region will remain fertile and vibrant during the forecast period.
Get full report now @ https://www.persistencemarketresearch.com/checkout/19348
Some of the key market players who have been profiled in the global centrifugal industrial dryer market report are Colussi Ermes s.r.l., Gala Industries, Inc., ZIRBUS technology GmbH, Gostol TST d.d., Zhejiang Humo Polishing Grinder Manufacture Co., Ltd., Firex s.r.l., Sukup Manufacturing Co., Rösler Oberflächentechnik GmbH and Sino-alloy Machinery Inc.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
Telephone - +1-646-568-7751
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Centrifugal Industrial Dryer Market is Anticipated to Grow US$ 264.8 Mn by 2025 here
News-ID: 1035028 • Views: …
More Releases from Persistence Market Research
Artificial Intelligence as a Service Market Forecasted to Grow at 34.6% CAGR, Re …
The Artificial Intelligence as a Service (AIaaS) market has emerged as one of the most transformative segments in the global technology ecosystem. By providing AI capabilities on a subscription or pay-per-use model, AIaaS allows organizations to deploy advanced AI functionalities without the need for significant in-house infrastructure. This model has democratized access to AI, enabling small and medium-sized enterprises to leverage predictive analytics, natural language processing, and machine learning tools…
Server Operating System Market Anticipated to Witness Robust Growth, Reaching US …
The server operating system market is witnessing robust growth, driven by the rapid expansion of data centers and the surging adoption of cloud technologies across enterprises worldwide. Server operating systems form the backbone of modern IT infrastructure, enabling organizations to efficiently manage hardware resources, deploy applications, and maintain high levels of system reliability and security. As businesses increasingly migrate to cloud environments and data-intensive operations grow, demand for powerful, scalable,…
Manufacturing Operations Management Software Industry Anticipated to Witness Rap …
The Manufacturing Operations Management (MOM) software market is rapidly emerging as a cornerstone of digital transformation in the manufacturing sector. As industries increasingly adopt Industry 4.0 practices, the need for advanced solutions that integrate production planning, real-time monitoring, quality control, and process optimization has surged. MOM software enables manufacturers to streamline operations, reduce production downtime, and improve overall efficiency, making it an indispensable tool across automotive, pharmaceutical, aerospace, and consumer…
G.Fast Chipset Market Forecast to Expand with Absolute $ Growth of USD 28.3 Bill …
The G.Fast chipset market has emerged as a pivotal segment within the broadband and telecommunication infrastructure industry, driven by the rising demand for high-speed internet and improved last-mile connectivity solutions. With advancements in fiber-to-the-distribution-point (FTTdp) networks, the adoption of G.Fast chipsets has witnessed unprecedented growth across residential, commercial, and industrial applications. These chipsets enable ultra-fast broadband speeds over existing copper lines, bridging the performance gap between fiber and legacy infrastructures,…
More Releases for Centrifugal
Evolving Market Trends In The Centrifugal Separator Industry: Advancements In Ce …
The Centrifugal Separator Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Centrifugal Separator Market Size During the Forecast Period?
Growth has been substantial in recent years in the centrifugal separator market. It is expected to increase from $1.21 billion in 2024 to…
A Complete Guide to Centrifugal Pump
The Centrifugal Pump market size is projected to reach US$ 41,548.34 million by 2031 from US$ 27,338.55 million in 2023. The market is expected to register a CAGR of 5.4% during 2023-2031. The growing application of centrifugal pumps in wastewater treatment, oil and gas, mining, and modern farming sectors is likely to remain a key trend in the market. The growing population and rising urbanization are increasing the volume of…
The difference between single stage centrifugal pump and multistage centrifugal …
Centrifugal pumps are crucial in a variety of industrial and commercial applications, and selecting the right type can significantly impact performance and efficiency. Among the most common types are single stage centrifugal pump and multistage centrifugal pump. While both are designed to transfer fluids, they differ significantly in their construction and performance characteristics.
Image: https://www.puritypumps.com/uploads/PST-11.png
1. Maximum Head Capacity
One of the primary distinctions between single stage centrifugal pump and multistage centrifugal pumps…
Duct Ventilators - Centrifugal Blowers
In automobiles, a mechanical fan provides engine cooling and prevents the engine from overheating by blowing or sucking air through a coolant-filled radiator. It can be driven with a belt and pulley off the engine's crankshaft or an electric fan switched on/off by a thermostatic switch.
Canada Blower Axial flow fans have blades that force air to move along the shaft about which the blades rotate. Axial fans blow air across…
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report.
Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are…
Centrifugal Pump Market Analysis: Global Centrifugal Pump Market Research Report …
This report studies the Centrifugal Pump market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Centrifugal Pump market by product type and applications/end industries.
The global Centrifugal Pump market is valued at XX million USD in 2016 and is expected to reach XX million USD by the…
