Press release
Rotary Dryers Market To Witness An Influx Of Innovation At A CAGR Of 5% Between 2022 - 2031: Fact.MR
According to the latest report published by Fact.MR, a market research and competitive intelligence provider, the global rotary dryer market is expected to surpass a market valuation of US$ 1.9 Bn by 2031.Continuous rotary dryers witness high demand accounting for around 70% market share, as they see use in diverse application across multitude end uses. Continuous rotary dryers offer ease in automation and require less floor area, resulting in significantly reduced operational cost. Further, single shell rotary dryers hold nearly 2/3 market share as far as drum design is concerned, thereby augmenting overall market expansion.
The global market is fragmented in nature owing to multiple regional manufacturers across East Asia, South Asia, and Europe. Increasing penetration of regional players may hinder the equilibrium of market over the coming years. However, growing end-use industries are likely to uphold the demand trajectory rotary dryers over the assessment period of 2021 to 2031
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Market Segments Covered in Rotary Dryer Industry Research
By Dryer Type
Batch Rotary Dryers
Continuous Rotary Dryers
By Drum Design
Single-shell Rotary Dryers
Multi-shell Rotary Dryers
Double-shell Rotary Dryers
Triple-shell Rotary Dryers
By Drum Diameter
Up to 1.5 M Rotary Dryers
1.5-3 M Rotary Dryers
3-6 M Rotary Dryers
Above 6 M Rotary Dryers
By Drum Length
Up to 15 m Rotary Dryers
15-30 m Rotary Dryers
30-50 m Rotary Dryers
Above 50 m Rotary Dryers
By Capacity
Up to 10 Tons/hr Rotary Dryers
10-50 Tons/hr Rotary Dryers
50-100 Tons/hr Rotary Dryers
100-250 Tons/hr Rotary Dryers
250-500 Tons/hr Rotary Dryers
Above 500 Tons/hr Rotary Dryers
By Drive Type
Chain & Sprocket Drive
Gear & Pinion Drive
Friction Drive
Direct Drive
By Heating Type
Direct Heated
Counter Current (Counter Flow)
Co-Current Flow (Parallel Flow)
Indirect Heat
By Heating Source
Fuel Oil
Natural Gas/Propane
Waste Heat
Biogas
Electricity
By Application
Aggregates
Agricultural By-products
Animal Feeds
Biomass
Chemicals
Fertilizers
Minerals & Ores
Plastic and Polymers
Salts & Sugars
Waste & Sewage Sludge
Others
By Material
Steel Rotary Dryers
Carbon Steel
Stainless Steel
Abrasion Resistant (AR) Steel
Specialist Alloy Rotary Dryers
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Key Takeaways from Market Study
The market in East Asia is set to expand at a CAGR of 5% and grow 1.6X over the forecast period.
Europe is estimated to gain around 150 BPS while Latin America is poised to lose 85 BPS by 2031.
By application, the chemicals segment is estimated to gain around 110 BPS, while aggregates are anticipated to lose 80 BPS by 2031 over 2021.
Electricity heating source is poised to increase at a CAGR of 5.5% and reach a market valuation of US$ 380 Mn by 2031, thereby creating an absolute dollar opportunity of US$ 160 Mn.
Demand for direct heated rotary drum dryers is poised to increase at a CAGR of 4.5% and top a market value of US$ 1.45 Bn by 2031.
50-100 tons/hr dryers are estimated to create an absolute dollar opportunity of US$ 49 Mn by 2031.
15-30 m drum length dryers witness the highest demand and are set to see an increase at a CAGR of 5% over the decade.
Single shell dryers are estimated to account around 63% market share and expected to see demand increase at a CAGR of 5% over the assessment period.
Winning Strategy
Tier-1 manufacturers across the globe are primarily focused on product advancements through automation. Collaborating and acquiring regional players to widen their customer reach and mitigate regional price clusters may aid in acquiring a larger share of the market over medium- and long-term forecast period.
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More Valuable Insights Available
Fact.MR, in its new offering, presents an unbiased analysis of the global rotary dryer market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.
The study divulges essential insights on the market on the basis of dryer type (batch rotary dryer, continuous rotary dryer), by drum design (single shell, multi shell (double shell, triple shell)), by drum diameter (up to 1.5 m, 1.5-3 m, 3-6 m, above 6 m), by drum length (up to 15 m, 15-30 m, 30-50 m, above 50 m), by capacity (up to 10 tons/hr, 10-50 tons/hr, 50-100 tons/hr, 100-250 tons/hr, 250-500 tons/hr, above 500 tons/hr), by drive type (chain & sprocket drive, gear & pinion drive, friction drive, direct drive), by heating type (direct heated (counter current or counter flow, co-current flow or parallel flow), indirect heat), by heating source (fuel oil, natural gas/propane, waste heat, biogas, electricity), by application (aggregates, agricultural by-products, animal feeds, biomass, chemicals, fertilizers, minerals & ores, plastic and polymer, salts & sugars, waste & sewage sludge, others), by material (steel (carbon steel, stainless steel, abrasion resistant steel), specialist alloys) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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