About Spray Coolers
Rising demand from the pharmaceuticals industry will help to boost global spray coolers market in the forecasted period. Spray cooling is the process where materials are taken from a melted state to a solid powder form. A spray cooler is the type of technology derived from spray dryers. In that melted material is atomized and cooled down in an airstream to create spherical congealed powders with good fluidity.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that Indian Manufacturers will contribute the maximum growth to Global Spray Coolers 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.
TTPL (India), Shanghai Toex Trading Co., Ltd (China), Ohkawara (Japan), Acmefil Engineering Systems (India), GEA (Germany), Spray Nozzle Engineering (Australia), Mist Cooling Inc (United States), GDM COOLER MANUFACTURING LIMITED (United States), Prochem Systems (India) and Supreet Engineers (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Saka Engineering Systems (India), New Avm Systech Pvt Ltd (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Spray Coolers market by Type (Co-current Type Spray Coolers, Counter Current Type Spray Coolers and Mixed Flow Type Spray Coolers), Application (Fats Glycerides Hydrates, Inorganic/Organic Melts, Stearic Acid/Atearates, Glycerol Monostearates(GMS), Waxes and Others) and Region.
On the basis of geography, the market of Spray Coolers 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 Distribution Channel, the sub-segment i.e. Online Sale will boost the Spray Coolers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Huge Demand for Mixed flow Type Spray Coolers and Rising Demand from Pharmaceuticals Industries
Market Growth Drivers:
Growing demand due to Varios End-User Industries and High Adoption in Chemicals as well as Food Industries
Restraints:
High-Cost Associated with spray Coolers
Opportunities:
Technological Advancement Associated with Spray Coolers and Increasing Demand from Developing Countries
Market Leaders and their expansionary development strategies
In January 2022, Munters has acquired EDPAC, an Ireland-based manufacturer of data center cooling equipment and air handling systems for a purchase price of MEUR 29. The acquisition is part of Munters strategy to grow in the prioritized data center segment. Munters is a leader of energy efficient data center cooling solutions in North America and strengthens its presence in Europe through the acquisition.
In March 2024, Thompson launches new air coolers on Flipkart with models like CPP28N, HD105, HD115, and HD150. These air coolers coolers offer Smart Cool Technology, Honeycomb Cooling Pads, and advanced features for efficient cooling at difference price point.
Key Target Audience
Spray Coolers Manufactures, Suppliers and Distributors, Government Research Organization, Private Research Organizations, Government Regulatory Bodies 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.