Global Spray Drying Equipment Market

A moisture analyzer is an apparatus that determines the moisture content with the loss of the drying method and consists of a weighing and heating unit. It is used to measure the moisture content of small samples of products, including solids, liquids, and gases, being manufactured or processed. The main types of moisture analyzers are desktop, handheld, and in-line. A desktop moisture analyzer is used to measure, to a high degree of accuracy, the weight of a sample before and after drying. The different analyzing techniques include loss-on-drying, Karl Fischer titration, microwave, capacitance, drying, Owen, near-infrared, radiofrequency, and other analyzing techniques. These are used in pharmaceuticals, chemicals, and petroleum, food and beverage, wood, paper, and pulp, construction, water treatment, and biomass, semiconductors, metals, and mining, among others. The moisture analyzer market research report is one of a series of new reports from The Business Research Company that provides moisture analyzer market statistics, including global market size, regional shares, competitors with a moisture analyzer market share, detailed moisture analyzer market segments, market trends and opportunities, and any further data you may need to thrive in the moisture analyzer industry. This moisture analyzer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global moisture analyzer market size grew from $2.32 billion in 2022 to $2.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The moisture analyzer market size is expected to grow to $3.11 billion in 2027 at a CAGR of 5.7%. Increasing industrial and process automation is expected to propel the growth of the moisture analyzer market going forward. Industrial and process automation refers to the act of applying intelligent technology to industrial processes to replace manual, repetitive tasks with highly efficient and automated workflows. Moisture analyzers are helpful in increasing process automation and reducing manpower requirements as they are quick, precise, intuitive, and take care of everything. It also incorporates the best of all strategies while avoiding their drawbacks. For instance, according to the IFR international federation of robots’ report, in 2021, there are 3 million industrial robots operating in factories around the world. In addition, sales of new robots grew slightly (0.5%) in the pandemic. Therefore, increasing industrial and process automation drives the growth of the moisture analyzer market. Strategic partnerships have emerged as a key trend gaining popularity in the moisture analyzer market. Major companies operating in the moisture analyzer market are looking for partnerships to meet consumer demand. For instance, in January 2021, Vector Controls and Automation Group, a US-based manufacturer of moisture analyzers partnered with SpectraSensors, a US-based manufacturer of laser-based analyzers and sensors. Through this partnership, Vector CAG would sell SpectraSensors products in the states of Texas, Oklahoma, Kansas, Arkansas, Missouri, Southern Illinois, and South Eastern New Mexico. Further in June 2020, Stora Enso, a Finland-based paper mill company and wood moisture management solutions provider such as IR moisture analyzer joined with Combient Foundry, a Finland-based venture client alliance of Nordic companies that partners with start-ups to transform industries. Through this partnership, Stora Enso aims to aim to create renewable and innovative digital solutions for moisture management in wood. In January 2022, KPM Analytics Inc., a US-based company that provides scientific instrumentation, acquired Bruins Instruments for an undisclosed amount. Through this acquisition, Bruins Instruments strengthen its position in the analyzer market. Bruins Instruments is a German-based manufacturer of high-resolution moisture analyzers. Major players in the moisture analyzer market are PCE Instruments, Michell Instruments Inc., Ametek Inc., SpectraSesnsors Inc., General Electric Co., A&D Company, Kett Electric Laboratory, Mettler-Toledo International Inc., Sartorius AG, Shimadzu Corp., Gow-Mac Instrument Co., Sinar Technology, Thermo Fisher Scientific Inc., U-Therm International (H.K.) Ltd., and Arizona Instrument LLC. North America was the largest region in the moisture analyzer market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the moisture analyzer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the moisture analyzer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The moisture analyzer market consists of sales of heater unit, a weighing system, electrolytic moisture sensors, moisture meter and an operating unit. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global moisture analyzer market is segmented - 1) By Type: Desktop, Handheld 2) By Analyzing Technique: Loss-On-Drying, Karl Fischer Titration, Microwave, Capacitance, Drying Owen, Near-Infrared, Radio Frequency, Other Analyzing Techniques 3) By Vertical: Construction, Pharmaceuticals, Chemical and Petroleum, Food and Beverage, Wood, Paper, and Pulp, Metal and Mining, Other Verticals

A desiccant is a hygroscopic substance that absorbs moisture from the environment and protects products from moisture damage. The desiccants are generally used to keep items dry and stable. The main types of desiccants are silica gel, zeolite, activated alumina, activated charcoal, calcium chloride, clay, and other types. Silica gel is defined as a non-crystalline and highly porous form of silica that is used for removing moisture from liquids and gases. It is used as a drying agent that protects certain commercial and food products. The major processes of desiccants include physical adsorption and chemical absorption. The various applications of desiccants include electronics, food, pharmaceuticals, packing, air and gas drying, and other applications. The desiccants market research report is one of a series of new reports from The Business Research Company that provides desiccants market statistics, including desiccants industry global market size, regional shares, competitors with a desiccants market share, detailed desiccants market segments, market trends and opportunities, and any further data you may need to thrive in the desiccants industry. This desiccant market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global desiccants market size will grow from $0.15 billion in 2022 to $0.16 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The desiccants market is expected to grow from $0.2 billion in 2027 at a CAGR of 5.4%. Increasing demand for desiccants in the packaging industry combined with that in consumer products drives the growth of the desiccant market. Desiccant packets are tiny sachets that contain bentonite clay, silica gel, molecular sieve, or other absorbent products to protect goods from humidity, moisture, odors, and other damaging elements. High humidity and moisture in the air lead to product damage in consumer goods, medical devices, and pharmaceutical products. High-cost investment for setting up machinery is restraining the growth of the desiccant market. An increase in machinery setup costs increases the production cost of the desiccants. This may increase the end-user price. Hence, restricting the growth of the market. There is rising demand for desiccants in pharmaceuticals, chemicals, food, and beverages to control humidity in manufacturing and processing products. The rise in carbon percent and increased atmospheric temperature cause damage to products due to the high moisture content in the atmosphere. Various methods of dehumidification are used by these industries to avoid moisture content in their close vicinity. For example, desiccant wheels are the most effective and economical method used to control humidity levels for these industries. Desiccants are compounds or agents used to facilitate a low humidity environment by absorbing moisture content from the air during the storage or maintenance of materials and products. Desiccants are used in the pharmaceutical process chain. The correct selection and use of a desiccant can prevent chemical reactions and ensure the integrity and performance of finished products. For example, Pradaxa (dabigatran etexilate mesylate) is packaged in a bottle containing a 30-day supply with a desiccant (drying agent) in the cap to help keep moisture away from the capsules. In October 2022, Ingersoll Rand Inc., an American pumps and pumping equipment company agreed to acquire Air Treatment business of SPX Flow for $525 million. The acquisition expands the product offerings of Ingersoll Rand and enables future growth. Air Treatment business of SPX Flow provides desiccant and refrigerated dryers, filtration systems and purifiers. SPX Flow is a US-based provider of engineered flow components, process equipment, and turn-key systems. Major players in the desiccants market are Porocel, Dow Chemical, INEOS, Fuji Silysia Chemical, Hengye Molecular Sieve, Qingdao Makll, Zeotec Adsorbents Private Limited, and Desicca Chemicals. Asia-Pacific was the largest region in the desiccants market in 2022. North America was the second-largest region in the global desiccants market. The regions covered in the global desiccants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the desiccants market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The desiccant market consists of the sales of indicating silica gel, molecular sieves, calcium oxide and calcium sulfate, montmorillonite clay, and nitrogen desiccants. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global desiccants market is segmented - 1) By Type: Silica Gel, Zeolite, Activated Alumina, Activated Charcoal, Calcium Chloride, Clay, Other Types 2) By Process: Physical Absorption, Chemical Absorption 3) By Application: Electronics, Food, Pharmaceutical, Packing, Air & Gas Drying, Other Applications

Electric dyers are defined as equipment that is extensively employed by household consumers for carrying out the activity of drying clothes. The main function that is performed by the device is to soak up the moisture from the clothes, lessen the aroma level, and eliminate dust mites from the clothes. The main types of dryers are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and others. The various vent types include vented dryers, ventless/condenser dryers. A spin dryer is a low-energy dryer that uses centrifugal force to remove water from clothes. These dryers are typically much smaller than standard clothes dryers and do not use heat to dry clothes; instead, they rely on centrifugal force. The dryers are distributed through specialty stores, company-owned stores, hypermarkets, supermarkets, and online and other sales channels, and are used by commercial and residential end-users. The electric dryers manufacturing market research report is one of a series of new reports from The Business Research Company that provides electric dryers manufacturing market statistics, including electric dryers manufacturing industry global market size, regional shares, competitors with an electric dryer manufacturing market share, detailed electric dryers manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers manufacturing industry. This electric dryers manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global dryers market size will grow from $11.81 billion in 2022 to $13.12 billion in 2023 at a compound annual growth rate (CAGR) of 11.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global dryers market size is expected to grow to $19.04 billion in 2027 at a compound annual growth rate (CAGR) of 9.8%. Technological advances are expected to drive the growth of the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. About 4.66 billion people globally had access to the internet in 2020 and 91% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers. Increasing demand for online on-demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) stated that the global real GDP growth was 3.7% in 2019 and will be 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, according to the World Bank, a US-based international financial institution, the growth of GDP in China amounted to approximately 8.1 percent in 2021. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the h hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for dryers. Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR certified dryers use 20% less energy than a standard washing machine. Major players in the dryers market are Haier Electronics Group, LG Electronics, Samsung, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, Conair. Asia-Pacific was the largest region in the dryers market in 2022. Western Europe was the second-largest region in the global dryers market. The regions covered in the global dryers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the dryers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The electric dryers market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other dryers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global dryers market is segmented - 1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types 2) By Type Of Vent: Vented Dryer, Ventless/Condenser Dryer 3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Other Distribution Channels 4) By End User: Commercial, Residential

An electric dryer is a dryer that dries clothes using electric heat. The blower and drum motors inside the dryer are also powered by electricity and the voltage used by electric dryers is 240 volts. The main types of electric dryers manufacturing market are spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. A spin dryer is a device that extracts water from clothes, linen, etc, by spinning them in a perforated drum The types of vents are vented dryers and ventless/condenser dryers. The distribution channels are specialty stores, company-owned stores, hypermarkets and supermarkets, online, and others. The various end-users are commercial and residential. The electric dryers manufacturing market research report is one of a series of new reports from The Business Research Company that provides electric dryers manufacturing market statistics, including electric dryers manufacturing industry global market size, regional shares, competitors with an electric dryer manufacturing market share, detailed electric dryers manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the electric dryers manufacturing industry. This electric dryers manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electric dryers market is expected to grow from $11.15 billion in 2021 to $11.96 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services affecting many markets across the globe. The global electric dryers market is expected to reach $14.77 billion in 2026 at a CAGR of 5.4%. Technological advances will drive the market for dryers in the forecast period. Increased access to the internet and the use of smartphones supported the development and consumption of innovative technologically enabled appliances. More than 330 million people use the internet, taking the total number of global internet users to 4.72 billion by April 2021 and 48.2% of internet users accessed the web from a mobile device. Furthermore, increasing integration of the Internet of Things (IoT) allowed customers to connect with the dryers via the internet and remotely control essential tasks by collecting and exchanging data. This in turn drives the market for dryers in the forecast period. Increasing demand for online on-demand laundry services is expected to restrain the market for dryers in the forecast period. The on-demand laundry services market is expected to be aided by a stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the World Bank, a US-based international financial institution, the growth of GDP in China amounted to approximately 8.1 percent in 2021. Stable economic growth, increasing internet penetration, and rising disposable income coupled with the hectic lifestyle of individuals will lead to an increase in on-demand laundry services, thereby limiting the growth of the market for dryers. Dryer manufacturers are increasingly producing energy-efficient products to reduce their carbon footprint and enable energy savings for consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, in the USA, ENERGY STAR-certified dryers use 20% less energy than a standard washing machine. Major players in the electric dryer manufacturing market are Haier Electronics Group, LG Electronics, SAMSUNG, Robert Bosch, Koninklijke Philips, Whirlpool, Panasonic, Groupe SEB, HAAN, and Conair. North America was the largest market in the electric dryers market in 2022. The regions covered in the global electric dryers manufacturing market report are North America, Western Europe, Asia-Pacific, Eastern Europe, South America, the Middle East, and Africa. The countries covered in the electric dryers manufacturing market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The electric dryers manufacturing market consists of sales of spin dryers, condenser dryers, heat pump dryers, mechanical steam compression dryers, solar clothes dryers, and other types. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric dryers market is segmented - 1) By Type: Spin Dryers, Condenser Dryers, Heat Pump Dryers, Mechanical Steam Compression Dryers, Solar Clothes Dryer, Other Types 2) By Type Of Vent: Vented Dryer, Ventless/Condenser Dryer 3) By Distribution Channel: Specialty Stores, Company-Owned Stores, Hypermarkets and Supermarkets, Online, Other Distribution Channels 4) By End User: Commercial, Residential

Hand dryers are electronic machines used for drying hands in public bathrooms that work either by pressing a button or automatically using a sensor. Hand dryers are cost-effective, energy-efficient, and eco-friendly devices that are extensively adopted in restaurants, hotels, offices, and malls as a replacement for a towel. These are highly responsive and are equipped with fast-reacting sensors with maximum energy efficiency for instant reaction. The main product of hand dryers is jet air and hot air. Jet hand dryers provide energy-efficient usage for drying hands. The jet-air market consists of sales of jet air hand dryers by entities that allow high-speed drying features with adjustable motors. The major operational type of hand dryers is manual on-automatic off, fully automatic and by end-user into airports, hotels & restaurants, hospitals, offices, shopping malls, and others and used in airports, hotels & restaurants, hospitals, offices, shopping malls, others. The hand dryers market research report is one of a series of new reports from The Business Research Company that provides hand dryers market statistics, including hand dryers industry global market size, regional shares, competitors with a hand dryers market share, detailed hand dryers market segments, market trends and opportunities, and any further data you may need to thrive in the hand dryers industry. This hand dryers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global hand dryers market will grow from $1.7 billion in 2022 to $1.82 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hand dryers market is expected to grow to $2.38 billion in 2027 at a CAGR of 6.9%. Strong growth in the hospitality industry drove the market for hand dryers in the historic period. The rapidly growing hospitality industry, such as the rise in hotels and restaurants, boosted the growth of the hand dryers market, driven by the need to meet cleanliness requirements in the food services and hospitality sector. For instance, according to the Office For National Statistics, a UK-based Independent producer of official statistics, the industry providing lodging and culinary services expanded by 8.6% in February 2022. It expanded mostly as a result of the expansion of lodging, which increased by 23% from December 2021 to December 2022. Strong economic growth in the hospitality industry boosted the demand for hand dryers which drove the market during the historic period. The increased noise levels in hand dryers are expected to limit the growth of the hand dryers market. Hand dryers are dangerous and operate at high noise levels that can be hazardous to children's hearing. For instance, in January 2022, according to B4’s article, a UK-based platform for B2B new, Airdri’s survey, a UK-based manufacturer of hand dryers, has demonstrated that one of the top 10 concerns among UK youngsters is manussiccusphobia, a phobia of hand dryers and approximately 38% of parents said that their children were frightened of hand dryers. nIncreased noise levels in hand dryers, therefore, hurt the hand dryers market. Companies are launching new products to increase their revenue and also for gaining a competitive edge over their competitors. For instance, in February 2022, Initial PLC., a UK-based leading provider of washroom hygiene, introduced the latest innovations to its hand dryer range known as Luna Dry and Luna Mini Dry with three high gloss UV anti-scratch finishes. ION Pure Technology has been used in the engineering of Luna Dry and Luna Mini Dry. The production method incorporates antimicrobial metal ions from the soluble glass solution into the outer case to provide a finish that is resistant to bacteria and germs. Major players in the hand dryers market are American Dryer LLC., Dyson Ltd., Electrostar, Excel Dryer Inc., Panasonic Corporation, Mitsubishi Electric Corporation, SPL Ltd., Bobrick Washroom Equipment Inc., Saniflow Corporation, and Taishan Jieda Electrical Co. Ltd. Asia-Pacific was the largest region in the hand dryers market in 2022. Western Europe was the second-largest region in the global hand dryers market. The regions covered in the global hand dryers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hand dryers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The hand dryers market consists of sales of jet air hand dryers and hot air hand dryers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hand dryers market is segmented - 1) By Product: Jet Air, Hot Air 2) By Operation: Manual On-Automatic Off, Fully Automatic 3) By End-user: Airports, Hotel & Restaurants, Hospitals, Offices, Shopping Malls, Other End-Users

The coating equipment is used for the application of the coating to a substrate. Coating equipment is used to coat machines, tools, instruments, and other items or articles that are intended for specific functions, services, purposes, or activities in order to protect them from corrosion or degradation and to extend their life span with lower maintenance and part replacement costs. The main types of coating equipment are powder coating equipment, liquid coating equipment, and specialty coating equipment. Powder coating refers to polymer resin systems combined with curatives, pigments, levelling agents, flow modifiers, and other additives. Powder spray guns and powder spray booths are generally used for the application of powder coatings. The different materials include polyester, polyurethane, acrylic, PVC, epoxy, and silicon and are used in various applications such as brushed, dipped, or sprayed surfaces, diffusion, laser processing, plating, thermal spraying, and vapor deposition. It is employed in several sectors, including automotive, medical, aerospace, industrial, building and construction, marine, electrical and electronics, and other end users. The coating equipment market research report is one of a series of new reports from The Business Research Company that provides coating equipment market statistics, including coating equipment industry global market size, regional shares, competitors with a coating equipment market share, detailed coating equipment market segments, market trends and opportunities, and any further data you may need to thrive in the coating equipment industry. This coating equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global coating equipment market size grew from $20.44 billion in 2022 to $22.29 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The coating equipment market size is expected to grow to $29.33 billion in 2027 at a CAGR of 7.1%. The growth in demand for electric vehicles will drive the growth of the coating equipment market going forward. Electric vehicles are those that are powered entirely or partially by electricity. Electric vehicles have minimal operating expenses since they have fewer moving parts to maintain, and they are also very eco-friendly because they consume little or no fossil fuels (petrol or diesel). Coatings are essential in keeping the substrates of electric vehicles and their components free of rust and other damage. It also has a big impact on the aesthetics of electric vehicles. For instance, according to the International Energy Agency, the global electric car stock reached 10 million units in 2020, a 43% growth over 2019. In addition, China had the largest fleet, with 4.5 million electric vehicles, but Europe had the largest annual rise, reaching 3.2 million in 2020. Therefore, the increase in demand for electric vehicles propels the growth of the coating equipment market. The strategic agreements between coating equipment manufacturers and end-use industry players have emerged as a major trend impacting the market. Major companies operating in the coating equipment sector are focused on strategic agreements to strengthen their position. For instance, in October 2021, Nordson Michelman, Inc., a US-based developer and manufacturer of materials for industrial manufacturing, coatings, printing, and packaging, partnered with CMS Industrial Technologies, LLC, a US-based manufacturer of industrial and converting equipment. With the partnership, the companies intended to develop Michelman’s coating machinery, including slide-angle testers, blade coaters, spray coaters, and rod and press rod coaters. Moreover, in October 2021, Michelman, a US-based chemical company, formed a partnership with CMS Industrial Technologies LLC, a US-based equipment supplier, to manufacture coating equipment such as rod coaters, press rod coaters, blade coaters, spray coaters, and slide-angle testers. CMS will also provide engineering, replacement parts, and support. In August 2021, Odyssey Investment Partners, a US-based private equity investment firm, announced the acquisition of Painters Supply & Equipment Co. for an undisclosed amount. The acquisition will generate recurring revenue for Odyssey while also providing exceptional value to both vendor partners and customers. Painters Supply & Equipment Co. is a US-based company that offers a wide range of specialty coatings and services. Major players in the coating equipment market are IHI Corporation, Nordson Corporation, OC Oerlikon Management AG, SATA GmbH & Co. KG, Graco Inc., ANEST IWATA Corporation, Bühler AG, ASAHI SUNAC CORPORATION, Wagner GmbH, Carlisle Companies, Exel Industries, PVD Products Inc., Miba AG, Semicore Equipment Inc., Guangdong HuiCheng Vacuum Technology Co.Ltd., Oxford Instruments, AJA INTERNATIONAL, Picosun Oy, CVD Equipment Corporation, ULVAC, T-M VACUUM PRODUCTS Inc., Blösch AG, KOLZER SRL, Fujimi Corporation, Singulus Technologies AG, Gema USA Inc., and Axalta Coating Systems. Asia-Pacific was the largest region in the coating equipment market in 2022. North America was the second-largest market in the coating equipment market. The regions covered in the coating equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the coating equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The coating equipment market consists of sales of standard coating pans and fluidized bed coaters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global coating equipment market is segmented - 1) By Coating Type: Powder Coating Equipment, Liquid Coating Equipment, and Specialty Coating Equipment 2) By Material Type: Polyester, Polyurethane, Acrylic, PVC, Epoxy, Silicon 3) By Application: Brushed, Dipped Or Sprayed, Diffusion, Laser Processing, Plating, Thermal Spray, Vapor Deposition 4) By End Use Industry: Automotive, Medical, Aerospace, Industrial, Building and Construction, Marine, Electrical and Electronics, and Other End Users

Powder coating is a finishing process that keeps the binder and filler parts in a liquid suspension form. Powder coating is a technique that generally involves coating an entity with free-flowing, dry powder electrostatically and then curing it under heat or with ultraviolet light. The main types of powder coatings are thermoset and thermoplastic. Thermoset materials are used in the majority of powder coating techniques because they can offer a durable and beautiful surface layer. The main coating methods are electrostatic spray and the fluidized bed that is applied in appliances, automotive, architectural, furniture, agriculture, construction, earthmoving equipment (ACE), general industrial, and other sectors. The powder coatings market research report is one of a series of new reports from The Business Research Company that provides powder coatings market statistics, including powder coatings industry global market size, regional shares, competitors with a powder coatings market share, detailed powder coatings market segments, market trends and opportunities, and any further data you may need to thrive in the powder coatings industry. This powder coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global powder coatings market size will grow from $17.82 billion in 2022 to $19.15 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global powder coatings market size is expected to grow from $24.79 billion in 2027 at a CAGR of 6.7%. Powder coatings release a negligible amount of volatile organic compounds (VOC) when compared to solvent-based coatings. VOCs are carbon compounds that become gas at room temperature and are the main reason for air pollution. Governments across the world are trying to enforce different regulatory acts to reduce the emissions of VOCs. For instance, to reduce the emission of VOC, the Hong Kong government has implemented a regulation that restricts products that exceed the standard emission of VOC in the country. Thus, limitations on products that generate high VOCs promote the sales of powder coatings, thereby driving the market. Powder coating is an energy-intensive process that consumes more energy during the curing process. Curing is a chemical process where paint is allowed to dry and harden. The high consumption of energy increases the operating expenses of manufacturing companies. For example, in Sweden, nearly 350 powder coating plants are using more than one metric ton of coating powder, which accounts for the total energy usage of 525 GWh/year, corresponding to 1.5 GWh/year per plant. Thus, the high energy consumption of powder coating restrains the growth of the market. Companies are now focusing on a new coating technology for heat-sensitive substrates such as medium-density fiberboard (MDF). This technology consumes less power as the curing process is done at a lower temperature compared to the conventional method. For instance, IGP-RAPID, released by IGP, is based on new raw materials combined with IGP technology and enables low-temperature powder coatings at 266 °F (130 °C) and curing times of 3 minutes. This technology is ecological, enhances product design, and provides long-term functional protection. Major players in the powder coatings market are AkzoNobel N.V., PPG Industries, Sherwin Williams, BASF SE, Axalta Coating Systems, Kansai Nerolac Paints Limited, Jotun, IFS Coatings, The Valspar Corporation, Asian Paints, and RPM International Asia-Pacific was the largest region in the powder coatings market in 2022. Western Europe was the second-largest region in the global powder coatings market. The regions covered in the global powder coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the powder coatings market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The powder coating market consists of the sales of epoxies, polyesters, super durable polyesters, epoxy-polyester hybrids, fluoropolymers, and urethanes powder coatings. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global powder coatings market is segmented - 1) By Type: Thermoset, Thermoplastic 2) By Coating Method: Electrostatic Spray, Fluidized Bed 3) By End Userr Application: Appliances, Automotive, Architectural, Furniture, Agriculture, Construction, & Earthmoving Equipment (ACE), General Industrial, Other End-User Applications

Machine shops, turned product, screw, nut, and bolt refer to a type of machine precision turned and metal fabricated products that are designed for machinery and equipment on a customized basis for the assembling of parts of machines, including engines, gears, and other parts. The main types of machine shops turned product, screw, nut, and bolt are turned product and screw, nut, bolt, and machine shops. Machine shops refer to a workshop in which metal and other substances are cut, shaped, etc., by machine tools. The grades are GR 5.8, GR 8.8, GR10.9, GR 12.9, and other grades. The various applications involved construction, petrochemical, heavy machine equipment, automotive, aerospace, home appliances, motors and pumps, furniture, plumbing products, and other applications. The machine shops, turned product, and screw, nut, and bolt market research report is one of a series of new reports from The Business Research Company that provides machine shops, turned product, and screw, nut, and bolt market statistics, including machine shops, turned product, and screw, nut, and bolt industry global market size, regional shares, competitors with a machine shops, turned product, and screw, nut, and bolt market share, detailed machine shops, turned product, and screw, nut, and bolt market segments, market trends and opportunities, and any further data you may need to thrive in the machine shops, turned product, and screw, nut, and bolt industry. This machine shops, turned product, and screw, nut, and bolt market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global machine shops, turned product, and screw, nut, and bolt market grew from $446.14 billion in 2022 to $486.97 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The machine shops, turned product, and screw, nut, and bolt market is expected to grow to $669.02 billion in 2027 at a CAGR of 8.3%. Rapidly growing urban populations are expected to drive the demand for metal products in the forecast period. A large number of people living in rural areas are migrating to urban areas in search of a better life. This is expected to increase the need for housing and infrastructure. Infrastructure demand is expected to increase significantly in Asian countries such as China, India, Vietnam, and the Philippines. According to the World Urbanization Prospects Report by the United Nations, 55% of the world’s population lived in urban areas, and the rate is expected to rise to 68% by 2050. According to the World Bank, the urban population in South Asia is expected to grow to 250 million by 2030. The machine shops, turned product, and screw, nut, and bolt manufacturing industry is being restrained by the rise in power tariffs. Globally, there are movements to increase the use of alternative sources of electric power such as solar, wind, and nuclear power. Initiatives by non-governmental organizations (NGOs), multilateral organizations, and many governments to increase the production and use of alternative sources of power and other economic factors cause a rise in overall power tariffs affecting different industries. The rise in the power tariffs increases the production costs, affecting the machine shops, turned product, and screw, nut, and bolt manufacturing market. Many machine shops, turned products, and screw, nut, and bolt manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reducing potential breakdowns. For instance, according to a report by Boston Consulting Group (BCG), 1.2 million industrial robots are expected to be deployed by 2025, thus indicating a rise in automation and robotics technology adoption to improve productivity and reduce production costs. According to the KPMG report, 16% of executives of global metals companies have already invested in robotics for metal manufacturing, 31% of executives have set plans to possibly invest in robotics for new technology and opportunities, and 42% are willing to invest in robotics shortly. Additionally, the report states, that 63% of the executives of metal manufacturing companies are considering investing in automation. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. Major companies in the machine shops, turned product, and screw, nut, and bolt market include Berkshire Hathaway Inc., Illinois Tool Works Inc., Stanley Black & Decker Inc., Lisi S.A, The SFS Group AG, MISUMI Group Inc., Bulten AB, and Arconic Inc. Western Europe was the largest region in the machine shops, turned product, and screw, nut, in 2021. The Asia-Pacific was the second-largest region in the machine shops, turned product, screw, nut, and bolt market. The regions covered in the machine shops, turned product, and screw, nut, report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machine shops, turned product, and screw, nut, and bolt market include Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The machine shops turned product, screw, nut, and bolt market consists of sales of fabricated metal parts and fasteners. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global machine shops, turned product, and screw, nut, and bolt market is segmented - 1) By Type: Turned Product and Screw, Nut, and Bolt, Machine Shops 2) By Grade: GR 5.8, GR 8.8, GR 10.9, GR 12.9, Other Grades 3) By Application: Construction, Petrochemical, Heavy Machine Equipment, Automotive, Aerospace, Home Appliances, Motors and Pumps, Furniture, Plumbing Products, Other Applications