There is a rapid growth in the pharmaceutical industry due to the increasing efficiency visible in the granulation, drying, and coating processes.
Sarasota, FL -- (SBWIRE) -- 07/05/2017 -- About Zion Market Research
Zion Market Research, the market research group announced the analysis report titled "Fluid Bed Systems Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Global Fluid Bed Systems Market: Overview
Fluid bed systems are designed for the thermal treatment of heat sensitive materials and fragile feed. They are used in dryers, reactors, and coolers and can be used for numerous processes such as batch granulation, agglomeration of the products that are in powder form, coating of pellets, and the batch drying of the granulates.
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Global Fluid Bed Systems Market: Segmentation
The global fluid bed systems market is segmented into its flow type, product type, production capacity, end-use industry, application, and geography. On the basis of product flow type, the market is divided into vertical and horizontal fluid bed systems. Based on product type, the market is segregated into customized and standard products. On the basis of production capacity, the market is categorized into large scale production, medium scale production, plot scale production, and lab scale production. Based on the end-use industry, the market is segregated into cosmetics, food and beverage, chemical, nutraceutical, and pharmaceutical industries. On the basis of application, the market is classified into pelletizing, coating, granulation, and drying. Diversification of the fluid bed systems market is seen into regions such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.
Global Fluid Bed Systems Market: Growth Factors
There is a rapid growth in the pharmaceutical industry due to the increasing efficiency visible in the granulation, drying, and coating processes. This has led to an increased demand for fluid bed systems in the market across the globe. Macroeconomic factors influencing the market growth include developments seen in the emerging economies, rapid rate of urbanization, increasing disposable income and changing lifestyle of the individuals. Growth in the food and beverage industry due to the increasing demand by the consumers for the processed food is also boosting the fluid bed systems market. However, the stringent certifications that is required to be cleared for the manufacturing of fluid bed systems may restrain the market.
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Global Fluid Bed Systems Market: Regional Analysis
North America dominates the fluid bed systems market. Growth in this region can be attributed to the growing demand from the chemical and pharmaceutical industries for various processes such as drying, granulation, and coating. Countries such as Canada and the U.S. are the major centers of growth in North America region. Following North America in its growth is Europe. Europe is expected to be among the largest exporter and manufacturer of fluid bed systems across the globe. Rapid developments in countries such as India, China, Kenya, and Philippines will be influencing the fluid bed systems market growth in the Asia Pacific and the Middle East and African regions. Japan and Brazil also anticipate to grow tremendously owing to the very large pharmaceutical market in these economies.
Global Fluid Bed Systems Market: Competitive Players
Some of the major companies in the fluid bed systems market include Bepex International LLC, FLSmidth Inc., Applied Chemical Technology Inc., Buhler Aeroglide Corp., L.B. Bohle, Robert Bosch GmbH, Kason Corporation, Spraying Systems Co., Glatt GmbH, Binzen, and Kevin Process Technologies Pvt. Ltd.
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Global Fluid Bed Systems Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa