Jet Mill Market Trends 2022 | Share, Industry Growth and Forecast to 2027
The latest research study "Jet Mill Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global jet mill market reached a value of US$ 141.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 184.9 Million by 2027 exhibiting a CAGR of 4.30% during 2022-2027.
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A jet mill is a pulverizing device for grinding and reducing particles of materials to small sizes. It uses highly compressed and pressurized air, gas, or steam to create a velocity collision between the particles of a substance. It reduces the particle size of brittle and friable materials such as polymers, medicines, organic and inorganic pigments, and agrochemicals. It is commonly available in spiral and fluidized bed variants. It offers numerous benefits, including minimal or no moving mechanical parts, easy component cleaning, and the ability to produce fine particle dimensions. As a result, jet mill finds extensive applications in the agriculture, chemical, pharmaceutical, and food and beverage industries across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Jet Mill Market Trends and Drivers:
The global jet mill market is primarily driven by the rising product demand in the mining industry. Moreover, the increasing use of jet mills by product manufacturers to grind temperature-sensitive and crystalline materials to impart a fine and smooth texture to cosmetics is positively influencing the market growth.
Additionally, there has been a rise in the adoption of jet mills in the pharmaceutical industry for micronizing drugs and processing pigments to increase their bioavailability and efficacy. In line with this, the rising use of fluidized bed jet mills for vertical and cylindrical hard material milling is another major growth-inducing factor.
Besides this, the surging product utilization in the agriculture industry to produce seed powders and superfine pesticide formulations that help prevent soil contamination has catalyzed market growth.
Other factors, including the escalating demand for premium cosmetic and skin care products, rising focus on 3D printing technologies, and rapid industrialization, are also anticipated to drive the market further.
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Global Jet Mill Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Jet Mill Companies:
Erich NETZSCH GmbH & Co. Holding KG, Fluid Energy Processing & Equipment Company, FREUND Corporation, Hosokawa Micron Corporation, Kunshan Unique Machinery Co. Ltd., Kurimoto Ltd., Loesche GmbH, Midas Microtech Engineering Private Limited, Promas Engineers Private Limited, Tecnologia Meccanica and The Jet Pulverizer Co. Inc.
The report has segmented the market on the basis of region, type, capacity and end use industry.
Breakup by Type:
• Fluidized Bed Jet Mill
• Spiral Jet Mill
Breakup by Capacity:
• Less than 200 kg/h
• 201 to 1000 kg/h
• More than 1000 kg/h
Breakup by End Use Industry:
• Chemical Industry
• Pharmaceutical Industry
• Mineral Industry
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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