The global industrial dryers market size reached US$ 5.6 Billion in 2023. Looking forward, the market is projected to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 3.75% during 2023-2032. Considerable growth in large-scale production of the food and beverages (F&B) industry, increasing demand for processed, dehydrated and frozen food products among the masses, and the escalating demand for dried gelatin in pharmaceutical industry represent some of the key factors driving the market.
Industrial dryers attract moisture from each particle on the surface in order to remove moisture and other solvents from the material. The use of industrial dryers in bulk material processing allows for the efficient reduction of moisture levels in large quantities. There are several components included in these machines, including an electric motor, a fan, and tube coils, most of which are made of stainless steel. Generally, these dryers operate on direct drying and indirect drying principles by using heat transfer mechanisms, such as conduction, dispersion, and radiation.
Dryers can provide clean and dry air, extending the life of products and helping to package, transport, and store a variety of products that require low levels of humidity. The devices are also helpful in preventing food spoilage by removing water during both preparation and processing. The industrial dryer finds diverse applications in a broad range of sectors, including pharmaceuticals, food, chemicals, mining, and construction.
In addition to this, several stringent government regulations regarding maintaining the quality of manufacturing in the pharmaceutical and chemical industries are impacting the market positively. Continual technological advancements in industrial dryers for direct and indirect drying operations in agriculture are also creating a positive market outlook.
Also, the introduction of innovative product variants, such as superheated steam dryers, fluidized bed dryers, vacuum dryers, and freeze control dryers, are further fueling the market growth. Some of the other factors contributing to the market include rapid industrialization across the globe, a considerable rise in construction activities, inflating disposable income levels, and extensive research and development (R&D) activities.
Industrial dryers attract moisture from each particle on the surface in order to remove moisture and other solvents from the material. The use of industrial dryers in bulk material processing allows for the efficient reduction of moisture levels in large quantities. There are several components included in these machines, including an electric motor, a fan, and tube coils, most of which are made of stainless steel. Generally, these dryers operate on direct drying and indirect drying principles by using heat transfer mechanisms, such as conduction, dispersion, and radiation.
Dryers can provide clean and dry air, extending the life of products and helping to package, transport, and store a variety of products that require low levels of humidity. The devices are also helpful in preventing food spoilage by removing water during both preparation and processing. The industrial dryer finds diverse applications in a broad range of sectors, including pharmaceuticals, food, chemicals, mining, and construction.
Industrial Dryers Market Trends
The considerable growth in large-scale production of the food and beverages (F&B) and packaging industries is a significant factor driving the growth of the market. This can be attributed to the increasing demand for processed, dehydrated and frozen food products with extended shelf life among the masses. In line with this, the growing investments by government as well as private agencies for the establishment of new manufacturing facilities, particularly in emerging economies, are providing an impetus to the market. Moreover, the escalating demand for dried gelatin is resulting in a higher product uptake across the pharmaceutical industry, which, in turn, is fueling the market.In addition to this, several stringent government regulations regarding maintaining the quality of manufacturing in the pharmaceutical and chemical industries are impacting the market positively. Continual technological advancements in industrial dryers for direct and indirect drying operations in agriculture are also creating a positive market outlook.
Also, the introduction of innovative product variants, such as superheated steam dryers, fluidized bed dryers, vacuum dryers, and freeze control dryers, are further fueling the market growth. Some of the other factors contributing to the market include rapid industrialization across the globe, a considerable rise in construction activities, inflating disposable income levels, and extensive research and development (R&D) activities.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the global industrial dryers market, along with forecasts at the global, regional, and country level from 2024-2032. The report has categorized the market based on product type, type and application.Product Type Insights:
- Direct
- Indirect
- Others
Type Insights:
- Rotary
- Fluidized Bed
- Spray
- Others
Application Insights:
- Food
- Pharmaceutical
- Fertilizer
- Chemical
- Cement
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global industrial dryers market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Andritz Ag, Anivi Ingenieria, Bühler AG, Carrier Vibrating Equipment Inc., Comessa S.A., Feeco International Inc, FLSmidth & Co. A/S, GEA Group Aktiengesellschaft, Glatt GmbH, Metso Corporation, Mitchell Dryers Ltd., Swiss Combi AG, ThyssenKrupp AG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
- How has the global industrial dryers market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global industrial dryers market?
- What are the key regional markets?
- Which countries represent the most attractive industrial dryers markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global industrial dryers market?
- Who are the key players/companies in the global industrial dryers market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Industrial Dryers Market
6 Market Breakup by Product Type
7 Market Breakup by Type
8 Market Breakup by Application
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Andritz Ag
- Anivi Ingenieria
- Bühler AG
- Carrier Vibrating Equipment Inc.
- Comessa S.A.
- Feeco International Inc
- FLSmidth & Co. A/S
- GEA Group Aktiengesellschaft
- Glatt GmbH
- Metso Corporation
- Mitchell Dryers Ltd.
- Swiss Combi AG
- ThyssenKrupp AG
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 135 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 5.6 Billion |
| Forecasted Market Value ( USD | $ 7.8 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
