Ring Dryers Market Global Report 2026

The ring dryers market size has grown strongly in recent years. It will grow from $1 billion in 2025 to $1.09 billion in 2026 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to expansion of chemical and pharmaceutical manufacturing industries, reliance on conventional batch drying systems, limited adoption of energy efficient drying technologies, growth in agricultural processing and food drying needs, increasing industrialization of powder processing operations.

The ring dryers market size is expected to see strong growth in the next few years. It will grow to $1.59 billion in 2030 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to rising demand for energy efficient and low emission drying systems, expansion of pharmaceutical and specialty chemical production, growth in automation of industrial processing lines, increasing focus on sustainable manufacturing practices, adoption of smart monitoring in drying equipment. Major trends in the forecast period include increasing adoption of energy efficient industrial drying systems, rising demand for continuous ring drying processes in bulk manufacturing, integration of advanced heat recovery systems in drying equipment, growth in closed loop pneumatic drying technologies, expansion of automated process control in industrial drying operations.

The expansion of pharmaceutical and chemical manufacturing is expected to drive the growth of the ring dryers market in the coming years. Pharmaceutical and chemical manufacturing refers to the large-scale industrial production of medicines and chemicals through the processing of raw materials into safe, regulated, and functional products for healthcare and multiple industrial applications. The growth of pharmaceutical and chemical manufacturing is being supported by increasing healthcare requirements and rising industrial demand, leading to higher production of medicines and essential chemicals. Ring dryers play a crucial role in pharmaceutical and chemical manufacturing by efficiently drying heat-sensitive powders and intermediates into consistent and stable particles, enhancing product quality, purity, and efficiency in downstream processing. For instance, in April 2025, according to Eurostat, a Luxembourg-based government agency, EU exports of medicinal and pharmaceutical products rose by 13.5% in 2024 compared with 2023, reaching $316.38 billion (€313.4 billion). Meanwhile, imports increased slightly by 0.5%, totaling $112.7 billion (€119.7 billion). Therefore, the expansion of pharmaceutical and chemical manufacturing is contributing to the growth of the ring dryers market.

The expansion of the food processing industry is expected to boost the growth of the ring dryers market going forward. The food processing industry involves the conversion of raw agricultural materials into safe, edible, and value-added food products that can be consumed and stored efficiently. The food processing industry is expanding due to growing consumer demand for convenient and packaged food products, as changing lifestyles and increasing urbanization are encouraging the adoption of ready-to-eat and easy-to-prepare foods. Ring dryers support the food processing industry by effectively drying liquid and slurry-based food materials into stable powders, enhancing shelf life, lowering moisture content, and facilitating easier storage, transportation, and product formulation for applications such as milk powder, starch, and flavoring ingredients. For instance, in July 2025, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based government department focused on agriculture and food-related products, Canada’s exports of processed food and beverage products reached $59.8 billion in 2024, registering a 3.8% increase compared with 2023. Therefore, the expansion of the food processing industry is supporting the growth of the ring dryers market.

The growing adoption of industrial automation is expected to drive the growth of the ring dryers market in the forecast period. Industrial automation refers to the use of advanced control systems and technologies, including robotics and computer-based systems, to operate industrial processes with limited human involvement. The adoption of industrial automation is rising due to increasing labor cost pressures, as companies are implementing automated solutions to reduce reliance on manual labor and achieve efficient, uninterrupted production. Ring dryers contribute to industrial automation by providing continuous, controlled, and programmable drying operations, enabling automated systems to deliver consistent product quality while supporting real-time monitoring and process optimization. For instance, in November 2024, according to the International Federation of Robotics (IFR), a Germany-based non-profit organization representing the global robotics industry, robot density in the United States increased from 285 units per 10,000 employees in 2022 to 295 units per 10,000 employees in 2023, indicating steady growth in industrial automation adoption across manufacturing and logistics sectors. Therefore, the increasing adoption of industrial automation is driving the growth of the ring dryers market.

Major companies operating in the ring dryers market report are ANDRITZ AG, GEA Group AG, MKS Industrial Solutions, Invex Group, VetterTec GmbH, Advanced Drying Systems, New AVM Systech Private Limited, Microtec Engineering Group, Saka Engineering Systems Private Limited, Mitchell Dryers Ltd, Shrishti Process Equipment, Raygm Engineered Systems, Bühler Group, Hosokawa Micron, SPX FLOW, Mavitec B.V., Heinen Drying GmbH.

North America was the dominating region in the ring dryers market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the ring dryers market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ring dryers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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