Global Spray Drying Equipment Market Size, Share and Analysis Report 2021-2028 – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD) – Spray Drying Equipment Market Size, Share and Analysis, By Type (Nozzle, Rotary Atomizer, Fluidized, Centrifugal) By Stage Type (Single Stage, Two Stage, Multi Stage ) By flow type by cycle (Open, Closed) By application and by region, the Global Forecast to 2028 report “has been added to ResearchAndMarkets.com offer.
The global spray drying equipment market size is expected to reach USD 7,020.7 million in 2028 and register a CAGR of 5.5% during.
The increasing use of spray drying equipment in various industries such as food and beverage, pharmaceuticals, animal feed, chemicals and fertilizers is a key factor in the growth of the market revenue. The increasing use of spray drying equipment in the processed food and motorized food industry to improve the shelf life of products is a major factor that is expected to drive the market growth.
Increased investments in R&D of advanced and profitable equipment by market players.
Rising prevalence of asthma and other lung diseases is leading to increasing need for powdered drugs, and the need for equipment for manufacturing powdered drugs are other major factors driving the growth of the global equipment market spray drying. However, the high operating and installation costs of the equipment are factors that might hamper the growth of the market.
Some key findings from the report:
Among the type segments, the nozzle segment accounted for a significant revenue share in 2020. The fluidized segment is expected to register a robust revenue CAGR during the forecast period. The rotary atomizers segment accounted for the second largest revenue share in 2020.
Among the stage-type segments, the two-stage segment accounted for a considerably large revenue share in 2020.
Among the application segments, the food segment accounted for a significant share of revenue in 2020.
The pharmaceutical segment is expected to register a robust revenue CAGR during the forecast period.
The Asia-Pacific market is expected to register a robust revenue CAGR during the forecast period, owing to the well-established chemical industry and rapidly growing food and medical sectors.
North America Spray Drying Equipment Market accounted for a significant revenue share in 2020 and is expected to continue to dominate during the forecast period owing to highly developed food and pharmaceutical industries.
Market players have adopted various strategies including mergers, acquisitions, partnerships and new product developments, among other strategies, to stay ahead of the competition and expand their footprint in the market.
Main topics covered:
Chapter 1. Market synopsis
Chapter 2. Executive summary
2.1. Summary overview, 2020 – 2028
Chapter 3. Indicative measures
3.1. Expansion of the food and beverage industry
3.2. Health infrastructure development
3.3. Growing health problems
3.4. Increase investment in research activities
Chapter 4. Spray Drying Equipment Segmentation and Impact Analysis
4.1. Spray Drying Equipment Segmentation Analysis
4.2. Spray Drying Equipment Market Value Chain Analysis, 2018-2028
4.3. Regulatory framework
4.4. Spray Drying Equipment Market Impact Analysis
4.4.1. Market Driver Analysis
220.127.116.11. Growing awareness of nutritional content
18.104.22.168. Growing need for increased sustainability of food products
4.4.2. Analysis of market constraints
22.214.171.124. High cost of equipment and installation
126.96.36.199. High energy consumption
4.5. Prioritized key opportunities
4.6. Spray Drying Equipment Price Analysis
4.7. Industry Analysis – Porter’s
4.8. Spray drying equipment PESTEL analysis
Chapter 5. Spray Drying Equipment Market by Type Insights and Trends
5.1. Spray Drying Equipment Type Dynamics and Market Share, 2021 and 2028
5.3. Rotary Atomizer
Chapter 6. Spray Drying Equipment Market by Stage Type Overview and Trends
6.1. Spray Drying Equipment Stage Type Dynamics and Market Share, 2021 and 2028
6.2. In one step
6.3. Two floors
Chapter 7. Spray Drying Equipment Market by Stream Type
7.1. Flow Type Dynamics and Spray Drying Equipment Market Share, 2021 and 2028
7.3. Counter current
7.4. Mixed flow
Chapter 8. Cycle Spray Drying Equipment Market Overview and Trends
8.1. Spray Drying Equipment Cycle Dynamics and Market Share, 2021 and 2028
Chapter 9. Spray Drying Equipment Market by Application Type Overview and Trends
9.1. Spray Drying Equipment Application Dynamics and Market Share, 2021 and 2028
Chapter 10. Regional Outlook of Spray Drying Equipment Market
10.1. Spray Drying Equipment Market Share by Region, 2021 and 2028
Chapter 11. Competitive landscape
11.1. Market revenue share by manufacturers
11.2. Analysis of the distribution of manufacturing costs
11.3. Mergers and Acquisitions
11.4. Comparative analysis of the strategy
11.5. Supplier landscape
Chapter 12. Company Profiles
FLUX SPX (United States)
Dedert Corporation (United States)
Buchi Labortechnik (Switzerland)
European Spray Drying Technologies (UK)
Changzhou Lemar Drying Engineering Co. Ltd. (China)
Technology and drying equipment from Shandong Tianli (China)
New AVM system (India)
CE Rogers (United States)
Advanced drying system (India)
Labplant (United Kingdom)
For more information on this report, visit https://www.researchandmarkets.com/r/z4g8of