The global spray drying equipment market size is expected to grow from $5.08 billion in 2021 to $5.48 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The global spray drying market size is expected to grow to $6.85 billion in 2026 at a CAGR of 5.7%.
What is the Global Spray Drying Equipment Market?
The spray drying equipment market consists of sales of spray dryers and related equipment by entities (organizations, sole traders, and partnerships) that are engaged in the production of different types of spray dryers for different industries. Spray drying is a way of quickly drying a liquid or slurry into a dry powder with a hot flame. Spray drying equipment is widely used in foods, pharmaceuticals, plastic resins, ceramics, and the chemical industry.
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What drives the Global Spray Drying Equipment Market?
An increase in the consumption of processed and ready-to-eat (RTE) foods is expected to propel the growth of the spray drying equipment market during the forecast period. Spray drying technologies are becoming increasingly common with packaged food producers. Thus, with spray drying being used by manufacturers of ready-to-eat (RTE) foods, the increase in their consumption is expected to boost the growth of the spray drying equipment market.
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Global Spray Drying Equipment Market Segments
The global spray drying equipment market is segmented:
By Product Type: Rotary Atomizers, Nozzle Atomizers, Fluidized, Centrifugal, Others
By Flow Type: Co-Current, Counter Current, Mixed
By Application: Food, Chemical, Pharmaceutical, Others
By Geography: The regions covered in the spray drying equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Spray Drying Equipment Global Market Report 2022provides market size and growth forecasts for the global spray drying equipment market, global spray drying equipment market share, spray drying equipment market segments and geographies, spray drying equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The spray drying equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Spray Drying Equipment Industry Playersinclude GEA Group, SPX Flow, Shandong Tianli Drying Technology & Equipment, Buchi Labortechnik AG, European SprayDry Technologies, Dedert Corporation, Acmefil Engineering Systems Pvt. Ltd, Yamato Scientific America Inc, Swenson Technology Inc, and Tetra Pak International S.A. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
