Global Freeze Drying Equipment Market 2016-2020

  • ID: 3844063
  • Report
  • Region: Global
  • 69 pages
  • TechNavio
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FEATURED COMPANIES

  • Cuddon Freeze Dry
  • GEA
  • Labconco
  • Millrock Technology
  • Optima Packaging Group
  • SP Industries
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Freeze Drying Equipment

Freeze drying is a process that involves the removal of water or other solvents from a frozen product by a phenomenon called sublimation, which occurs when a frozen liquid undergoes a phase change directly to the gaseous phase without passing through the liquid phase. Specialized equipment is required to generate the conditions favorable to the freeze drying process. This equipment can accommodate freeze drying of materials from laboratory-scale projects to industrial production. Freeze drying has been used in numerous applications for many years, most commonly in the food and pharmaceutical industries.

The analysts forecast the global freeze drying equipment market to grow at a CAGR of 6.72% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global freeze drying equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from segments such as product type and geography.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Freeze Drying Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cuddon Freeze Dry
- GEA
- Millrock Technology
- SP Industries

Other prominent vendors
- Labconco
- Martin Christ Gefriertrocknungsanlagen
- Optima Packaging
- Telstar Lifescience
- Tofflon Science and Technology

Market drivers
- Augmented demand for contract manufacturing in pharmaceutical industry
- For a full, detailed list, view the full report

Market challenges
- Capital-intensive nature boosts refurbished equipment
- For a full, detailed list, view the full report

Market trends
- Smart freeze dryers
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cuddon Freeze Dry
  • GEA
  • Labconco
  • Millrock Technology
  • Optima Packaging Group
  • SP Industries
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Segmentation by types
  • Vendor analysis
  • Assumptions
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market drivers
  • Augmented demand for contract manufacturing in pharmaceutical industry
  • Academia-industry consortium aims at lyophilization process enhancement
  • Declining raw material prices generating greater margins
PART 07: Impact of drivers

PART 08: Market challenges
  • Quality-by-accident versus quality-by-design challenges
  • Capital-intensive nature boosts refurbished equipment
PART 09: Impact of drivers and challenges

PART 10: Market trends
  • Smart freeze dryers
  • NIR spectroscopy as a process analytical technology in lyophilization
  • Promession
PART 11: Market segmentation by product type
  • Tray style freeze dryer market
  • Manifold freeze dryer market
  • Rotary freeze drying
PART 12: Geographical segmentation
  • Market segmentation by geography
  • Freeze drying equipment market in APAC
  • Freeze drying equipment market in Americas
  • Freeze drying equipment market in EMEA
PART 13: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 14: Key vendor analysis
  • Cuddon Freeze Dry
  • GEA Group
  • Millrock Technology
  • SP Industries
PART 15: Appendix
  • List of abbreviations
PART 16: About the Author

List of Exhibits
Exhibit 01: Market size calculation
Exhibit 02: Market segmentation by types
Exhibit 03: Key countries in each geographical region
Exhibit 04: Product offerings
Exhibit 05: Lyophilization processes
Exhibit 06: Market scenario based on type of equipment
Exhibit 07: Market scenario based on geography
Exhibit 08: Global freeze drying equipment market
Exhibit 09: Average annual rate of global population change 1960-2050
Exhibit 10: Current freeze drying equipment market scenario
Exhibit 11: Five forces analysis
Exhibit 12: Global pharmaceutical market revenue 2004-2014 ($ billions)
Exhibit 13: Factors driving contract manufacturing growth
Exhibit 14: Steel price trend and forecasts ($/ton)
Exhibit 15: Impact of drivers
Exhibit 16: Common challenges in lyophilization process
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Benefits of using smart freeze dryers
Exhibit 19: Case study: Traditional approach versus smart approach
Exhibit 20: NIR spectroscopy applications
Exhibit 21: Promession process steps
Exhibit 22: Market shares of different equipment types 2015-2020
Exhibit 23: Tray style freeze dryer market 2015-2020 ($ billions)
Exhibit 24: Manifold freeze dryer market 2015-2020 ($ billions)
Exhibit 25: Rotary freeze dryer market 2015-2020 ($ millions)
Exhibit 26: Geographical segmentation of freeze drying equipment, 2015-2020
Exhibit 27: Freeze drying equipment market in APAC 2015-2020 ($ billions)
Exhibit 28: Freeze drying equipment market in Americas 2015-2020 ($ billions)
Exhibit 29: Freeze drying equipment market in EMEA 2015-2020 ($ billions)
Exhibit 30: Other prominent vendors
Exhibit 31: Cuddon Freeze Dry: Product portfolio
Exhibit 32: GEA: Product portfolio
Exhibit 33: Millrock Tech: Product portfolio
Exhibit 34: Product portfolio
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Cuddon Freeze Dry
  • GEA
  • Labconco
  • Millrock Technology
  • Optima Packaging Group
  • SP Industries
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: – Global Freeze Drying Equipment Market 2016-2020

The author of the report recognizes the following companies as the key players in the global freeze drying equipment market: Cuddon Freeze Dry, GEA, Millrock Technology, and SP Industries.

Other Prominent Vendors in the market are: Labconco, Martin Christ Gefriertrocknungsanlagen, Optima Packaging Group, Telstar Lifescience, and Tofflon Science and Technology.

Commenting on the report, an analyst from the research team said: “The introduction of smart freeze dryers is one of the key trends spurring this market’s growth. Businesses and corporations today are spending generously toward R&D to achieve cost synergies and overall process optimization. Increasing efficiency and lowering operating costs and emissions have become the key performance indicators of almost all the process-based industries. Freeze drying remains a relatively expensive technique of drying. With the world moving toward the adoption of smart technologies that enable remote monitoring to provide optimized results, the freeze drying industry is also gradually moving in the same direction. Vendors in the freeze drying equipment market have introduced products such as smart freeze dryers that offer increased reliability and affordability. These dryers are based on proven, standardized modules and are designed according to the specific size and technology requirements of each customer. Besides being cost effective, these dryers also facilitate planning, validation, and documentation, and significantly reduce delivery times. Standardized modules are more cost-efficient to produce and more reliable than bespoke systems, resulting in lower purchase and maintenance costs.”

According to the report, declining raw material prices generating greater margins is a key driver contributing to the growth of this market. Freeze dryers used in the process industry make use of stainless steel as the primary raw material. The variation in the price of steel, thus, can be directly reflected in the total cost of freeze dryers. Global steel prices have been weak and reached $365/ton in 2016, the lowest in a decade. The sharp decline in steel prices can be attributed to the global oversupply. The oversupply was a result of the weakening appetite in China for manufacturing. China, which accounts for around half of global steel production, witnessed a downturn in domestic demand, resulting in increased export of steel. Coupled with the crippled yuan after its deliberate devaluation in 2015, the price of Chinese steel in the international markets fell significantly, resulting in an oversupply of relatively low-cost steel. Although steel prices are expected to rise, they are not expected to reach the 2014 levels and will continue to remain relatively low, thereby encouraging freeze dryer manufacturers to increase production, as achieving a breakeven will not be a problem

Further, the report states that capital-intensive nature boosts refurbished equipment is a mjor challenge this industry is facing. Since its inception, the elementary idea behind freeze drying technology has remained unchanged and has traditionally been quite expensive. The freeze drying equipment and its overall setup cost are high. This, coupled with the high energy intensive nature and low returns due to intensive competition in the manufacturing industry, has led to increased cost of operation. The cost of freeze drying equipment can be thrice the cost of a conventional dryer. This restricts its adoption in SMEs, which have a relatively low capital exposure, and therefore, spurs them to adopt traditional drying technologies like sun-drying, which is a highly inefficient and extremely slow process.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

- Cuddon Freeze Dry
- GEA
- Millrock Technology
- SP Industries
- Labconco
- Martin Christ Gefriertrocknungsanlagen
- Optima Packaging Group
- Telstar Lifescience
- Tofflon Science and Technology.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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