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Spray Drying Equipment Market 2023 Analysis and Forecast To 2032 By Key Players, Share, Trend, Segmentation, Top Leaders and Regional
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the Spray Drying Equipment market report by The Business Research Company, In March 2021, Rockwell Automation Inc., a USA-based advanced automation and information management company, and Tetra Pak announced a strategic partnership for delivering data-driven technology for cheese and powder solutions. Tetra Pak's latest powder Plant Booster Solution would be bundled with Rockwell Automation Model Predictive Control (MPC) and its PlantPAx and Pavilion8 MPC technology. The combination of Rockwell Automation digital technology and Tetra Pak food application expertise is likely to help producers for adopting demand-driven manufacturing for cost-effective and quick production. Tetra Pak is a Switzerland-based food packaging and processing company.
The global spray drying equipment market size grew from $5.36 billion in 2022 to $5.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The spray drying equipment market size is expected to grow to $7.82 billion in 2027 at a CAGR of 8.0%.
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Major competitors in the Spray Drying Equipment market include GEA Group; SPX Flow; Shandong Tianli Drying Technology & Equipment; Buchi Labortechnik AG; European SprayDry Technologies; Dedert Corporation; Acmefil Engineering Systems Pvt. Ltd.; Yamato Scientific America Inc.; Swenson Technology Inc.; Tetra Pak International S.A.; Saka Engineering Systems Private Ltd.; Shandong Shungeng Drying Equipment Co. Ltd.; G. Larsson Starch Technology AB; Hemraj Enterprises; New AVM Systech Pvt. Ltd.; C. E. Rogers; Changzhou Lemar Drying Engineering Co. Ltd.; Dürr Systems Inc; and SiccaDania.
The Spray Drying Equipment market is segmented -
1) By Product Type: Rotary Atomizers, Nozzle Atomizers, Fluidized, Centrifugal, Other Product Types
2) By Flow Type: Co-current, Counter Current, Mixed
3) By Application: Food, Chemical, Pharmaceutical, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Spray Drying Equipment market.
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Spray drying is a way of quickly drying a liquid or slurry into a dry powder with a hot flame. Spray drying equipment is widely used in foods, pharmaceuticals, plastic resins, ceramics, and the chemical industry.
The Table Of Content For The Spray Drying Equipment Market Include:
1. Executive Summary
2. Spray Drying Equipment Market Characteristics
3. Spray Drying Equipment Market Trends And Strategies
4. Spray Drying Equipment Market - Macro Economic Scenario
5. Spray Drying Equipment Market Size And Growth
.....
26. Africa Spray Drying Equipment Market
27. Spray Drying Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Spray Drying Equipment Market
29. Spray Drying Equipment Market Future Outlook and Potential Analysis
30. Appendix
The "Global Spray Drying Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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