Press release
Powder Processing Equipment Market Eyeing Admirable Growth due to Growing Adoption of Automation
Powder Processing Equipment Market Overview:The global powder processing equipment market will touch USD 22.65 billion at a 6.47% CAGR between 2023- 2032, states the recent Market Research Future (MRFR) analysis. Powder processing equipment, simply put, is the equipment used to crush or powder substances. It has applications in food and beverage, material, metal, pharmaceutical, cosmetic, chemical, and others.
Various factors are propelling the global powder processing equipment market share. According to the recent MRFR report, such factors include growing demand for dairy products, rising GDP, improved standard of living, growing adoption of automation, the rising development in production technology, rising demand from end user industries, and domestic demand for ready meals, spices, tea, coffee, and bakery products.
On the contrary, the current COVID-19 outbreak may limit the global powder processing equipment market growth over the forecast period.
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Key Players :
global powder processing equipment market Key contenders profiled in the report include
Kemutec
Charles Ross & Son Company
Classifier Milling Systems
Powder Systems Corporation
British Rema
Powder Process-Solutions
Sanovo Technology Group
Hänsel Processing GmbH
Dongsun Powder Processing Equipment Co., Ltd
Sollich UK Ltd
Bepex International LLC
Syntegon Technology GmbH
Hosokawa Micron Corporation
Baker Perkins Limited.
Market Segmentation :
The MRFR report highlights an inclusive segmental analysis of the global powder processing equipment market based on end use and technology.
The Powder Processing Equipment market is comprehensively examined based on key technological and industry parameters, offering a detailed insight into its landscape.
The Technology Outlook categorizes powder processing equipment into Mixing and Blending, Drying and Cooling, Sintering, Compaction/Punches and Dies, and Others, providing a nuanced understanding of the diverse processes involved.
The End-Use Outlook delves into the application of powder processing equipment across various industries, including Food & Beverage, Pharmaceutical, Cosmetic, Chemical, Material, Metal, and Others, presenting the market size in USD Billion for each sector.
Regionally, the market is analyzed across North America, Europe, Asia-Pacific, and the Rest of the World, offering a geographical breakdown of market dynamics. This comprehensive analysis equips stakeholders with valuable insights into the Powder Processing Equipment market, facilitating informed decision-making and strategic planning across different technologies, end-users, and regions within the industry.
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Powder Processing Equipment Market Drivers:
Rising Demand Across Industries: Various industries such as food and beverage, pharmaceuticals, chemicals, and minerals utilize powder processing equipment for manufacturing processes. The increasing demand for products in these sectors fuels the need for efficient powder processing equipment.
Technological Advancements: Ongoing technological advancements in powder processing equipment lead to the development of more efficient, precise, and automated machinery. These advancements enhance productivity, reduce operational costs, and improve the quality of processed powders, thereby driving market growth.
Growing Focus on Customization: Manufacturers are increasingly focusing on offering customizable powder processing solutions to meet the specific requirements of different industries and applications. This customization capability enhances the versatility and utility of powder processing equipment, driving its adoption across various sectors.
Rising Adoption of Automation: The growing trend towards automation and digitalization across industries drives the adoption of automated powder processing equipment. Automation not only improves operational efficiency but also reduces the dependence on manual labor, thereby driving market growth.
Browse In-depth Market Research Report on Powder Processing Equipment Market:
https://www.marketresearchfuture.com/reports/powder-processing-equipment-market-9576
Regional Analysis :
By region, the global powder processing equipment market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. Rise in foreign direct investments in the manufacturing industry, developing manufacturing base, booming end-use industries like construction, food and beverage, and pharmaceutical, increasing production in China, advances in the manufacturing facility, and burgeoning demand for processing equipment in various industries are adding to the global powder processing equipment market growth in the region. Additional factors adding market growth include favorable economic growth in China, growth in the processing and manufacturing industry, booming food and pharmaceutical industries, rising consumption of processed food and a surge in demand for tablet processing equipment.
In North America, the global powder processing equipment market is predicted to have healthy growth over the forecast period. The presence of the world's two largest mining countries, Canada and the US, rise in exploration activities, growing demand for base and precious metals, booming mining and construction industry, growing food and beverage industry, rapid advances in the healthcare and medical industry, and need for energy-efficient manufacturing techniques. Additional factors fuelling market growth entails the growing need for high production volume in less time, increasing installation in the metal, pharmaceutical, chemical, and food industries, and the presence of key manufacturers are adding to the global powder processing equipment market growth in the region. Canada and the United States hold the utmost share in the market for the growing adoption in manufacturing plants.
In Europe, the global powder processing equipment market is predicted to have sound growth over the forecast period. The focus of the EFFRA to develop and implement innovative production technologies for different industries, growing demand for pharmaceutical and food and beverage products in France and Germany, and the burgeoning demand for powder processing equipment in the manufacturing plants are adding to the global powder processing equipment market growth in the region.
In the Rest of the World, the global powder processing equipment market is predicted to have steady growth over the forecast period.
Related Reports:
Portable Water Purifier Market- https://www.marketresearchfuture.com/reports/portable-water-purifier-market-11601
Crushing, Screening and Mineral Processing Equipment Market- https://www.marketresearchfuture.com/reports/crushing-screening-mineral-processing-equipment-market-12413
Hydraulic Cylinder Market- https://www.marketresearchfuture.com/reports/hydraulic-cylinders-market-10179
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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