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Industrial Dryers Market Projected to Reach $7.19 Billion by 2029, Driven by Steady CAGR of 4.1%

07-04-2024 09:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐€ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ (๐‚๐€๐†๐‘) ๐„๐ฌ๐ญ๐ข๐ฆ๐š๐ญ๐ข๐จ๐ง:

The global industrial dryers market, valued at $5.42 billion in 2022, is poised to grow to $7.19 billion by 2029, exhibiting a steady CAGR of 4.1% during the forecast period. Industrial dryers play a crucial role in efficiently processing bulk materials by reducing moisture levels, catering to diverse industries worldwide.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ:

Industrial dryers are essential in various industrial applications where large quantities of materials need drying to achieve specified moisture content levels. These dryers find extensive use across sectors such as food processing, pharmaceuticals, chemicals, and more. The Asia-Pacific region, particularly, is expected to witness robust growth in demand, driven by expansions in the food industry and rapid industrialization.

๐‘๐ž๐œ๐ž๐ข๐ฏ๐ž ๐š ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐‚๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/95314/

๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

Increased disposable income has led to changing dietary habits, boosting the demand for processed foods and beverages, thereby driving the industrial dryers market. Industries such as food and beverages, pharmaceuticals, and chemicals require efficient drying solutions to maintain product quality and meet stringent regulatory standards. Countries like China, India, and Japan lead the APAC market due to expanding industrial sectors and infrastructure development initiatives, enhancing the demand for industrial dryers.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

Over the course of the projection period, the APAC market is anticipated to develop at the fastest rate. The diverse applications of dryers across a range of sectors, including chemicals, food and beverage, fertilizer, cement, paper and pulp, minerals, and pharmaceuticals, are the main factors propelling the expansion of the regional market. The market in this area is anticipated to be driven by the growing need for industrial dryers in the cement, materials, chemicals, pharmaceutical, and other end-user sectors. In 2022, the industrial dryer market in the United States was projected to be worth US$1.2 billion. At the moment, the nation holds a 27.02% market share worldwide. According to forecasts, China, the second-largest economy in the world, would reach an estimated market size of US$ billion by 2029, growing at a compound annual growth rate of 5.2%.

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Over the course of the projection period, fluidized bed dryers are expected to grow at the quickest rate in the market. The growing variety of applications for fluidized bed dryers in several industries, including food and beverage and pharmaceutical, is responsible for the increased demand for these dryers. Furthermore, the primary reasons propelling the growth of the flexible bed dryer market are its cost-effectiveness, uniform drying, and energy efficiency.

Due to the increasing requirement for moisture removal from solid or liquid substances through the sublimation and evaporation process, the pharmaceuticals industry held the greatest market share. Dryers are used in the pharmaceutical business to evaporate or sublimate liquids or liquid-like materials, thus removing liquids or moisture. During the projection period, the market expansion is anticipated to be driven by the improvement of the medical and healthcare sector as a result of disease prevalence, drug affordability, consumer attitudes, and government policies.

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ,

Direct Dryers
Indirect Dryers
Specialty Dryers

๐๐ฒ ๐“๐ฒ๐ฉ๐ž,

Rotary Dryers
Fluidized Bed Dryers
Spray Dryers
Flash Dryers
Conveyor Dryers
Drum Dryers
Freeze Dryers

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง,

Food
Pharmaceutical
Fertilizer
Chemicals
Cement
Others

๐“๐š๐ค๐ž ๐š ๐‹๐จ๐จ๐ค ๐š๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/95314/

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ—‹ ๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š (United States, Canada and Mexico)
โ—‹ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
โ—‹ ๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
โ—‹ ๐Œ๐ข๐๐๐ฅ๐ž ๐„๐š๐ฌ๐ญ ๐š๐ง๐ ๐€๐Ÿ๐ซ๐ข๐œ๐š (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
โ—‹ ๐’๐จ๐ฎ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š (Brazil, Argentina Rest of South America)

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

Prominent players in the industrial dryers market focus on technological advancements and strategic expansions to strengthen their market position globally.

1. ThyssenKrupp AG
2. Andritz AG
3. GEA Group
4. Metso Corporation
5. FLSmidth & Co. A/S
6. Buhler Holding AG
7. ANIVI Ingenierรญa SA
8. Carrier Vibrating Equipment, Inc.
9. COMESSA
10. Mitchell Dryers Ltd.
11. Metso Corporation
12. Yamato Sanko Co Ltd
13. Kerone Engineering Solutions
14. Ventilex
15. FEECO International
16. Gem Allied Industries

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:

The industrial dryers market is poised for steady growth, driven by increasing industrialization, technological advancements in drying technologies, and expanding applications across diverse sectors globally. As industries continue to emphasize efficiency and quality in manufacturing processes, the demand for advanced industrial dryers is expected to escalate, providing lucrative opportunities for market players in the coming years.

๐“๐จ ๐‚๐จ๐ง๐๐ฎ๐œ๐ญ ๐…๐ฎ๐ซ๐ญ๐ก๐ž๐ซ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก, ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/global-industrial-dryers-market/95314/

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ:

โ™ฆ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ: A brief summary of the Industrial Dryers Market.
โ™ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: The boundaries and focus of the Industrial Dryers Market report.
โ™ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž: A comprehensive view of the Industrial Dryers Market environment.
โ™ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž: Analysis of the current size of the Industrial Dryers Market.
โ™ฆ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž: Breakdown of the Industrial Dryers Market by different types.
โ™ฆ ๐…๐ข๐ฏ๐ž ๐…๐จ๐ซ๐œ๐ž๐ฌ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Evaluation of competitive pressures in the market.
โ™ฆ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ž๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Insights into the customer demographics and behavior.
โ™ฆ ๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Examination of the market across different regions.
โ™ฆ ๐ƒ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค: Tools and criteria for decision-making in the market.
โ™ฆ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ: Key factors driving growth and the challenges faced.
โ™ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ: Current trends shaping the Industrial Dryers Market.
โ™ฆ ๐•๐ž๐ง๐๐จ๐ซ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž: Overview of the key vendors in the Industrial Dryers Market.
โ™ฆ ๐•๐ž๐ง๐๐จ๐ซ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Detailed analysis of major vendors.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

โ™ฃ What are Industrial Dryers Derivatives?
โ™ฃ What is the current growth rate of the Industrial Dryers Market?
โ™ฃ Who are the key players in the Industrial Dryers Market?
โ™ฃ What are the factors affecting growth in the Industrial Dryers Market?
โ™ฃ Who held the largest market share in the Industrial Dryers Market?
โ™ฃ What is the demand pattern for the Industrial Dryers Market?
โ™ฃ What are the key trends in Industrial Dryers Market?
โ™ฃ What are the strategies used by competitors in the Industrial Dryers Market?
โ™ฃ What are the growth prospects in developing countries for the Industrial Dryers Market?
โ™ฃ Which segment is expected to witness the fastest growth and why in the Industrial Dryers Market?

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ ๐ƒ๐ซ๐ฒ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

โ™  Past Market Size and Competitive Landscape (2019 to 2022)
โ™  Past Pricing and price curve by region (2019 to 2023)
โ™  Market Size, Share, Size & Forecast by Different Segment | 2023-2030
โ™  Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โ™  Market Segmentation - A detailed analysis by product, end-user, distribution channel, and region
โ™  Competitive Landscape - Profiles of selected key players by region in a strategic perspective
โ™ฃ Competitive landscape - Market Leaders, Market Followers, Regional player
โ™ฃ Competitive benchmarking of key players by region
โ™  PESTLE Analysis
โ™  PORTER's analysis
โ™  Value chain and supply chain analysis
โ™  Legal Aspects of business by region
โ™  Lucrative business opportunities with SWOT analysis
โ™  Recommendations

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐ญ๐จ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐“๐จ๐ฉ๐ข๐œ๐ฌ:

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5. Almond Oil Market https://www.maximizemarketresearch.com/market-report/global-almond-oil-market/106999/

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8. Aluminium Composite Panels Market https://www.maximizemarketresearch.com/market-report/global-aluminium-composite-panels-market/24129/

9. Aluminium Fluoride Market https://www.maximizemarketresearch.com/market-report/aluminium-fluoride-market/126545/

10. Aluminium Oxide Nanoparticles Market https://www.maximizemarketresearch.com/market-report/global-aluminium-oxide-nanoparticles-market/44118/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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