What is Spray Granulation Dryer Market?
Spray granulation dryer is used in the fluidized bed which help to liquids to convert into free-flowing granulate. This granulates are embedded with specific product properties. This dryers are essential for liquid containing solids like suspensions or melts, and different type of solutions. This dryer helps to absorb moisture and produces fine and coarse form of granulates. This spray granulation dryer are used to handle wide variety of chemicals, pharmaceutical and food processing’s ingredients. Increasing industrial demand for spray granulation dryer for wide range of processing’s has impacted on the demand for spray granulation dryer in positive manner.
The market study is being classified by Type (Hot Air Dryer and Cold Air Dryer), by Application (Chemical, Pharmaceutical {Enzymes, Precursors and Others}, Food Processing’s { Soup Powders, Sweeteners, Tea & Coffee and Others} and Others) and major geographies with country level break-up.
Freund-Vector Corporation (United States), Sainty Co (China), Gea Group (Germany), Parker Hannifin (United States), Allgaier Process Technology (Germany), Andritz Ag (Austria ), Buss-Sms-Canzler Gmbh (Germany), Neuhaus Neotec (Germany), Dorst Technologies Gmbh & Co. Kg (Germany), Glatt Gmbh (Germany), L.B. Bohle (Germany), Kaeser Kompressoren (Germany) and Prism Pharma Machinery (India) are some of the key players profiled in the study.
The market of is Spray granulation dryer expected to grow with rising demand for food processing and at chemical laboratories. Hence there are several companies are providing Spray granulation dryer with unique feature. Thus, the market is fragmented with the presence of market players. Additionally, many local vendors are also entering to market with excellent features which in turn impacting on the competitive rivalry.
Segment Analysis
Analyst at AMA have segmented the market study of Global Spray Granulation Dryer market by Type, Application and Region.
On the basis of geography, the market of Spray Granulation Dryer 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Demand for Spray granulation dryer at Wide Range of End Use Industries like Chemical, Food Processing’s, Pharmaceutical and others
- Growing Preference Efficient Spray granulation dryer for Producing Dust Free Granules for Number of Industrial Procedures
Market Trend
- Huge Demand for Top Spray System
Restraints
- Huge Investment Requirement for Setup and Manufacturing
Opportunities
- Rising Industrial Expenditure of Food Processing’s and Pharmaceutical Industry Especially in Asia Pacific has Created Growth Opportunities
- Increasing Preference for Manufacturing of Spherical Pellets
Challenges
- High Price over Other Dryers
- Less Thermal Efficiency and Huge Power Consumption
Market Leaders and some development strategies
In October 2016, European Spraydry Technologies launched the ESDT15 spray dryer. Company has launched this spray dryer for small scale laboratories. The wide portfolio of spray drying equipment for small laboratories are able to provide efficient drying system. Thus with this launch, company has gained attention from small-scale industries.
Key Target Audience
Spray granulation dryer Manufacturers, Spray granulation dryer Suppliers/Distributors, Raw Material / Component Supplier, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry