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Global Spray Drying Equipment Industry By Application (Food, Pharmaceuticals, And Chemical), By Type (Cooking, Refrigeration, Laundry), By Drying Stage (Multistage, Two stage), By Cycle Type (Open Cycle, Closed Cycle), and By Flow Type (Co-current flow, Counter current flow) -Market Forecast and Size Analysis 2019-2025

Description

Global Spray Drying Equipment Industry was valued at USD 4.45 Billion in the year 2017. Global Spray Drying Equipment Industry is further estimated to grow at a CAGR of 6.1% from 2019 to reach USD 7.12 Billion by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At a country level, US, China and U.S. are projected to grow strongly in the coming years due to increasing density of population and funding through Research and Development.

Major market players in Spray Drying Equipment Industry are GEA, SPX FLOW, Dedert Corp., Buchi Labortechnik, European Spray dry Technologies LLP, Changzhou Lemar Drying Engineering Co. Ltd., Shandong Tianli Drying Technology and Equipment, Acmefil, New AVM Systech, C.E Rogers, and brief overview of 10 companies is also provided in the report. Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

SWOT analysis of Spray Drying Equipment Industry
Strength:
Increase in ready to eat food products
Weakness:
Expensive and costly
Opportunities:
New product innovation with technological advancements
Threats:
Increasing competition due to alternative treatments

The Global Spray Drying Equipment Industry is segmented as By Type, Application, Drying Stage, Flow Type, Cycle Type and Region. The Type segment is divided into Cooking, Refrigeration, Laundry, Home comfort and others in which cooking accounts for the largest Industry share. Based on Application, the spray drying equipment Industry is segmented into food, pharmaceuticals, chemical, and others. The food segment is estimated to lead the Industry during the review period. The growing usage of spray drying equipment for food encapsulation is expected to drive the growth of this segment.

By Application
• Food
• Pharmaceuticals
• Chemical
• Others

Type
• Cooking
• Refrigeration
• Laundry
• Home comfort
• Others

By Flow Type
• Co-current flow
• Countercurrent flow
• Mixed flow

By Drying Stage
• Multistage
• Two stage
• Single stage

By Cycle Type
• Open Cycle
• Closed Cycle

By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa

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