Spray Drying Equipment Market: Top Competitive Players & Industry Growth Drivers, 2016–2024

Posted: Tuesday, November 07, 2017 at 10:14 AM CST

Deerfield Beach, FL -- (SBWire) -- 11/07/2017 --Global Spray Drying Equipment Market: Overview

Spray drying equipment is a device that is particularly used for the spray drying which helps in converting the substance that is originally in the liquid form to dry powder form with the help of hot gas. Spray drying uses the process of evaporation in order to produce dry powders. Various types of spray drying equipment that is available include a rotary atomizer, fluidized, nozzle atomizer, centrifugal, and closed loop and mini dryers.

Global Spray Drying Equipment Market: Competitive Players

The key market players that are involved in the spray drying equipment market include Buchi Labortechnik AG, Acmefil Engineering Systems Pvt. Ltd., S P X Flow Technology Danmark A/S, GEA Group AG, New AVM Systech Pvt. Ltd., C.E. Rogers Company, Changzhou Lemar Drying Engineering Co. Ltd., European Spraydry Technologies Llp, Dedert Corporation, and others.

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Global Spray Drying Equipment Market: Segmentation

The market for the spray drying equipment is globally fragmented into drying stage, equipment types, and application. Depending on the drying stage the global market is segregated into single, two, and multiple stage. It is the two-stage segment that is holding the major market share. Depending on the equipment type, the market is categorized into nozzle atomizer, closed loop, fluidized, centrifugal, and others. The nozzle atomizer segment is leading the global spray drying equipment. Depending on the applications, the market is divided into pharmaceutical, food, ceramic material, fertilizer, chemical, and feed. In the application segment, the food industry has the maximum market share owing to the increasing demand for the ready-to-eat foods and functional foods.

Global Spray Drying Equipment Market: Growth Factors

The global spray drying equipment market will witness a significant market growth in the coming years. The factors that are contributing to the growth of the spray drying equipment market are the reduction in the product from getting thermal destruction, industrial development that is made in the spray drying products, increase in the demand for ready to eat foods and the functional food & beverages, and rise in the demand for the products that have longer shelf life. The spray drying equipment has high operational costs which are the major challenge for the spray drying equipment market and the variations in the organoleptic properties affect the profit margins of spray drying equipment market.

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Global Spray Drying Equipment Market: Regional Analysis

The global spray drying equipment market is regionally diversified into Eastern Europe, Latin America, Western Europe, the Middle East & Africa, North America, and Asia Pacific. In terms of revenue, the global spray drying equipment market is lead by the North America. But in the coming years, Asia Pacific region will experience a rapid growth in the market owing to the growing health awareness among the consumers which potentially increases the pharmaceutical and food & beverages market. In the U.S. and Canada, there is an increased demand for the milk substitutes and the powdered forms of the dairy where the spray drying equipment is an essential element.

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