Global Spray Drying Equipment Market 2018-2023: Focus on Food, Pharma, Chemical & Feed Applications

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Jul 23, 2018, 17:30 ET

DUBLIN, July 23, 2018 /PRNewswire/ --

The "Spray Drying Equipment Market by Type (Rotary Atomizer, Nozzle, Fluidized, Closed Loop, Centrifugal), Application (Food, Pharma, Chemical, Feed), Flow Type, Cycle Type, Drying Stage, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global market for spray drying equipment has grown significantly in the last few years. The spray drying equipment market is estimated to be valued at USD 4.38 billion in 2018 and is projected to reach USD 6.12 billion by 2023, at a CAGR of 6.9% from 2018

Emerging applications of spray drying coupled with technological innovations in this field have been spurring the demand for spray drying equipment. Moreover, other factors that are expected to drive the growth of the spray drying equipment market during the review period include the increasing demand for ready-to-eat and functional food, advantages such as reduction in thermal damage caused to the product, and increase in the shelf-life, leading to improved logistics.

The market is trending in the fields of food encapsulation, bioceramics, and biotechnology. This has led to the increased adoption of various types of spray dryers, such as nozzle and rotary atomizers. The spray drying equipment market, based on spray dryer type, is segmented into rotary atomizer spray dryer, nozzle atomizer spray dryer, fluidized spray dryer, closed loop spray dryer, centrifugal spray dryer, and other spray dryers. Amongst all, the custom-based and laboratory-specific spray dryers are projected to be the fastest-growing.

Based on application, the spray drying equipment market is segmented into food, pharmaceuticals, chemical, and others. The food segment is estimated to lead the market during the review period. The growing usage of spray drying equipment for food encapsulation is expected to drive the growth of this segment from 2018 to 2023.

Based on cycle type, the spray drying equipment market is segmented into open cycle and closed cycle. The closed cycle segment is projected to grow at a significantly higher rate during the forecast period. The closed cycle spray dryer process involves the recycling of the drying gas, which is used to heat in the drying chamber. This type of spray drying process is preferred when there are environmental issues; the efficiency is also higher in the closed cycle spray drying process. Therefore, this segment is projected to grow at a higher CAGR during the forecast period.

Based on flow type, the spray drying equipment market is segmented into co-current flow, counter current flow, and mixed flow. The mixed flow segment is projected to grow at a significantly higher rate during the forecast period. Mixed flow spray dryers are a combination of both, co-current and counter-current flow spray dryers. This type of arrangement usually requires higher temperature and is used for drying coarse free-flowing powders

Based on drying stage, the spray drying equipment market is segmented into multistage, two stage, and single stage. The multistage segment is projected to grow at the highest rate during the forecast period. The growth of this segment is driven by the increasing demand for multistage spray dryer for R&D purposes.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Spray Drying Equipment Market
4.2 Spray Drying Equipment Market, By Spray Dryer Type
4.3 Asia Pacific Spray Drying Equipment Market, By Spray Dryer Type and Country
4.4 Spray Drying Equipment Market: Major Countries
4.5 Spray Drying Equipment Market, By Application
4.6 Life Cycle Analysis: Spray Drying Equipment Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 New Developments in Functional Food & Beverage Ingredients and Increase in Demand for Rte Foods
5.2.1.2 Technological Innovations and Advancement in Spray Drying Equipment
5.2.1.2.1 Microencapsulation Through Spray Drying
5.2.1.3 Product Yield Optimization Achieved By Spray Drying
5.2.1.4 Increase in Shelf-Life Leading to Cost-Effective Logistics
5.2.1.5 Reduction in Thermal Damage Caused to the Product
5.2.2 Restraints
5.2.2.1 Misalignment in Process Parameters Can Affect the Organoleptic Properties
5.2.2.2 High Operational Cost
5.2.3 Opportunities
5.2.3.1 Emerging Applications in Bioceramics and Biotechnology
5.2.3.2 New Target Market: Asia Pacific
5.2.3.3 Industrial Application of Spray Drying in Food Encapsulation
5.2.4 Challenges
5.2.4.1 Infrastructural Challenges in Developing Countries
5.3 Industry Trends
5.4 Value Chain
5.4.1 Research & Product Development
5.4.2 Registration
5.4.3 Manufacturing
5.4.4 Distribution, Marketing & Sales
5.4.5 Post-Sale Services
5.5 Supply Chain
5.5.1 Spray Drying Equipment Manufacturers
5.5.2 Distributors/Overseas Sales Offices
5.5.3 End Users

6 Spray Drying Equipment Market, By Spray Dryer Type
6.1 Introduction
6.2 Rotary Atomizer Spray Dryer
6.3 Nozzle Atomizer Spray Dryer
6.4 Fluidized Spray Dryer
6.5 Closed Loop Spray Dryer
6.6 Centrifugal Spray Dryer
6.7 Others

7 Spray Drying Equipment Market, By Application
7.1 Introduction
7.2 Food
7.3 Pharmaceutical
7.4 Chemical
7.5 Others

8 Spray Drying Equipment Market, By Cycle Type
8.1 Introduction
8.2 Open Cycle
8.3 Closed Cycle

9 Spray Drying Equipment Market, By Drying Stage
9.1 Introduction
9.2 Multistage
9.3 Two Stage
9.4 Single Stage

10 Spray Drying Equipment Market, By Flow Type
10.1 Introduction
10.2 Co-Current Flow Spray Dryers
10.3 Counter-Current Flow Spray Dryers
10.4 Mixed Flow Spray Dryers

11 Spray Drying Equipment Market, By Region

12 Competitive Landscape
12.1 Overview
12.1.1 Key Market Strategies
12.2 Competitive Scenario
12.2.1 Expansions
12.2.2 Partnerships
12.2.3 New Product Launches

13 Company Profiles
13.1 GEA
13.2 SPX Flow
13.3 Shandong Tianli Drying Technology and Equipment
13.4 Bchi Labortechnik
13.5 European Spraydry Technologies
13.6 Dedert Corporation
13.7 Changzhou Lemar Drying Engineering
13.8 Acmefil
13.9 New Avm Systech
13.10 C.E. Rogers
13.11 Advanced Drying Systems
13.12 Labplant

For more information about this report visit https://www.researchandmarkets.com/research/3wd3wb/global_spray?w=5

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