According to a report by TechSci Research titled "Industrial Dryers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028," the Global Industrial Dryers Market is anticipated to witness substantial growth in the forecast period. This growth is attributed to the significant expansion observed in commercial sectors, particularly in food & beverages and pharmaceuticals, fueled by increased investments in developing economies. The pharmaceutical and chemical industries are expected to drive market expansion further, responding to the rising demand for high-quality manufacturing.
A global emphasis on energy efficiency and sustainability is driving manufacturers of industrial dryers to explore and promote energy-efficient drying solutions. This involves the integration of advanced insulation materials, the implementation of heat recovery systems, and the utilization of renewable energy sources like solar and wind power. Companies offering environmentally friendly and cost-effective drying solutions stand to gain a competitive advantage in the market.
The report provides comprehensive market data with figures spread across numerous pages and includes an in-depth Table of Contents on the "Global Industrial Dryers Market."
Techsci Research Data: https://www.techsciresearch.com/report/global-industrial-dryers-market/3877.html
Indirect Segment Dominance
In terms of product segmentation, the report suggests that the Indirect segment is expected to dominate the market during the forecast period. The adoption of Industry 4.0 technologies, including IoT sensors and data analytics, is enhancing dryer efficiency and reliability. Growing awareness of environmental sustainability is shifting customer preferences towards eco-friendly and energy-efficient drying solutions, creating opportunities for manufacturers to incorporate sustainable practices.
The report emphasizes the importance of understanding the indirect segments of the Global Industrial Dryers Market for manufacturers, investors, and stakeholders to make informed decisions. Economic, regulatory, technological, and environmental factors contribute to shaping market dynamics and opportunities.
Fluidized Segment Projections
Concerning dryer types, the Fluidized segment is projected to dominate the market throughout the forecast period. Fluidized bed dryers, utilizing a distinctive drying method, maximize heat and mass transfer, resulting in efficient and uniform drying. The advantages of fluidized bed dryers over traditional methods include energy efficiency, precise temperature control, and suitability for various industries such as pharmaceuticals and food processing. Industries seeking eco-friendly drying solutions are positioning fluidized bed dryers as a preferred choice.
Key Market Players:
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Andritz Ag
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Bühler AG
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Carrier Vibrating Equipment Inc.
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Comessa S.A.
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Feeco International Inc
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FLSmidth & Co. A/S
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Glatt GmbH
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Metso Corporation
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Mitchell Dryers Ltd.
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ThyssenKrupp AG
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According to Mr. Karan Chechi, Research Director at TechSci Research, the Industrial Dryers Market in Asia Pacific is poised to be the dominant force in the industry. Asia-Pacific countries, significant exporters of textiles, electronics, and chemicals, heavily rely on industrial dryers in their manufacturing processes. Leveraging this opportunity, manufacturers can offer dependable and top-notch drying solutions as the global demand for products from Asia-Pacific countries continues to rise.
The report, titled "Industrial Dryers Market – Global Industry Size, Share, Trends, Opportunity, and Forecast," evaluates the future growth potential of the Global Industrial Dryers Market, providing statistics & information on market size, structure, and future market growth. It aims to offer cutting-edge market intelligence and assist decision-makers in making sound investment decisions by identifying and analyzing emerging trends, drivers, challenges, and opportunities in the Global Industrial Dryers Market.
About Techsci Research
TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity, and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high-value market research and advisory services that help them identify new market opportunities, growth engines, and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends.
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