About Hopper Dryers
Hopper dryers, also called hot air dryers, are the ideal choice for removing moisture from the surface of pellets of non-hygroscopic resin prior to melting. Manufacturers who use these products know that this is an ongoing struggle and that failure to properly dry pellets will result in an unacceptable level of moisture and possibly cause flaws in the finished product. A hopper dryer can be used to great advantage in situations where materials have been stored in large containers for long periods of time, allowing the build-up of condensation.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.0% |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Hopper Dryers market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bry-Air (India), Motan Colortronic (United Kingdom), Novatec Inc. (United States), ACS Group (United States), Conair (United States), Dri-Air Industries Inc. (United States), Shini Plastics Technologies Inc. (China), Kenplas Industry Ltd. (China), Summit Systems (United Kingdom) and Yann Bang (Taiwan) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Wittmann (Germany), Piovan Una-Dyn (Italy), Novatec (United States), Matsui (India) and Ningbo HUARE (China).
Segmentation Overview
AMA Research has segmented the market of Global Hopper Dryers market by , Application (Plastic Industry, Food Industry, Electronics Industry and Others) and Region.
On the basis of geography, the market of Hopper Dryers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation Type, the sub-segment i.e. Semi-automatic will boost the Hopper Dryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity, the sub-segment i.e. < 100 KG will boost the Hopper Dryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Stainless Steel will boost the Hopper Dryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Size, the sub-segment i.e. Small will boost the Hopper Dryers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Drying Monitor for Measuring the Temperature of Plastic Pellets in Drying Hopper
Market Growth Drivers:
An increase in demand for plastic processing machinery is expected to lead to the adoption of hopper dryers, thereby boosting the expansion of the market. and Low Maintenance, Robustness, and Ease of Operation
Challenges:
Intense Competition among Industry Players
Restraints:
High Cost of Hopper Dryers and Government Rules Regarding Environmental Effects of Plastic Usage
Opportunities:
Rising Technological Advancements and Increasing Investments in R&D
In February 2024, Dri-Air Industries, Inc introduced the MD (MicroDryer) Series, a new line of compressed air dryers designed for very low throughputs, with hopper capacity ranging from 1 to 15 lbs.
Key Target Audience
Hopper Dryer Manufacturers, Raw Material Suppliers, Plastic Processing Industry, Traders/Exporters/Importers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.