Spray Drying Equipment Market: Complete Analysis by Experts with Growth, Key Players, Regions, Opportunities, & Forecast to 2027
Global Spray Drying Equipment Market
According
to the current analysis of Reports and Data, the global Spray
Drying Equipment market was
valued at USD 4.26 Billion in 2018 and is expected to reach USD 7.4 Billion by
year 2026, at a CAGR of 7.1% The study covers the different equipment used for
spray drying, its applications and the demand and supply trends. Spray drying
is technique used to convert liquid molecules into solid powder form with the
help of gaseous hot-drying medium. This equipment is finds its application by
the liquid to be converted into powder is sprayed into a hot-chamber, which
falls down in the form of fine powder particles. This dry powder consists of
low density and is extensively used in pharmaceutical and food industry, for
example, milk powder. This technique is gaining popularity owing to its
properties like consistent particle size distribution, which is of high
importance for several products like the catalyst. The development and
expansion of chemical industry is expected to drive the global industry.
The
report offers the latest impact of the COVID-19 crisis on the industry
verticals. COVID-19 began in 2019 and has since then affected every country of
the world, with the WHO declaring it as a public health emergency. The pandemic
has brought dynamic changes in the industry as it has affected the supply
chain, demands, trends, and overall market scenario. The report offers an
initial and future impact assessment of the pandemic on key segments of the
industry and offers revenue information in the post-pandemic scenario.
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The
report is an engaging document that provides vital statistical information
about the market in terms of dales, revenue, market share, and market size with
regards to product types, application spectrum, regional bifurcation, leading
players, and technological advancements.
A
comprehensive analysis of the competitive landscape is offered in the report
along with a study of the company profiles, product portfolio, manufacturing
and production capacity, technological developments, R&D advancements, and
strategic initiatives of the prominent players of the industry. Prominent
players operating in the industry and profiled in the report include GEA (Germany), SPX FLOW (US), Dedert
Corporation (US), Buchi Labortechnik (Switzerland), European Spraydry
Technologies (UK), Changzhou Lemar Drying Engineering Co. Ltd. (China),
Shandong Tianli Drying Technology and Equipment (China), Acmefil (India), New
AVM Systech (India), C. E. Rogers (US), Advanced Drying System (India), and
Labplant (UK).
The Global Spray Drying Equipment Market is segmented
as follows:
Type (Revenue, USD Million; 2016–2026)
Nozzle,
Rotary Atomizer, Fluidized, Centrifugal, Others
Stage Type (Revenue, USD Million; 2016–2026)
Single-Stage,
Two-Stage, Multi-Stage
Flow Type (Revenue, USD Million; 2016–2026)
Co-Current,
Counter-Current, Mixed-Flow
Cycle (Revenue, USD Million; 2016–2026)
Open,
Closed
Application Type (Revenue, USD Million; 2016–2026)
Food,
Pharmaceutical, Chemicals, Feed, Others
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The
report provides an explicit analysis of the market with regards to growth
driving factors, restraining factors, regulatory framework, threats and
opportunities, financial hurdles to offer a thorough outlook of the market. The
report also covers value chain analysis, market share, market size, CAGR, sales
and revenue, import/export, the scope of the market, growth prospects, and
other key factors. The report offers a regional analysis that covers key
geographies such as North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa.
The
report applies advanced analytical tools such as SWOT analysis, Porter’s Five
Forces analysis, along with feasibility analysis and investment return
analysis. It also offers strategic recommendations to new entrants as well as
established companies about market barriers. It also offers insights into
futuristic business opportunities, market scope, threats, and obstacles, to
enable fruitful business decision-making process.
Furthermore,
the report renders a complete analysis of the Spray Drying Equipment market
that allows readers to formulate profitable and lucrative business strategies
by offering insights into the competitive landscape, crucial market details,
growth prospects, regional rules and regulations, and other key factors.
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