Centrifugal Industrial Dryer Market is anticipated to reach US$ 7.45 Bn by 2029 from US$ 5.74 Bn in 2022 at a CAGR of 3.8% during a forecast period.Centrifugal Industrial Dryer Market Overview
The global centrifugal industrial dryer market is being driven by rising demand for commercial dryers in a variety of industrial applications. A wide range of end-use industries, including pharmaceuticals, chemicals, metal finishing, and food processing, rely heavily on centrifugal industrial dryers. The spinning movement of the basket creates a centrifugal force on the product within the machine in a centrifugal industrial dryer. Excess sediments such as water, oil, solvents, paints, and other liquids are removed. This efficiently dries up the substance, and the extra sediments are suctioned away. The ability of a centrifugal dryer to offer consistent drying for lightweight plastic solids makes it a popular choice in the metal finishing and recycling industries. The global plastic recycling industry's growth is expected to greatly improve market revenue growth. Metal finishing/electroplating applications are projected to drive demand for centrifugal industrial dryers.To know about the Research Methodology :- Request Free Sample Report
Global Centrifugal Industrial Dryer Market Dynamics
Strong growth of the local and international automotive component markets would most likely cause momentum in the worldwide centrifugal industrial dryer market. Centriphyl dryers are appropriate for lightweight or microscopic substances in numerous areas, such as metal polishing and electrical plates, food and beverages, medicinal items, and chemicals. Furthermore, producers supply personalized goods on the market to meet end users' requirements. Such benefits complement centrifugal industrial dryers as a primary element. However, equipment such as fluidized bed dryers, spray dryers, and flash dryers dominate the market for peripheral industrial dryers. Collectively, the fluidized and spray dryers occupy roughly half of the overall sales of industrial dryers whereas centrifugal dryer has always been a specialist category of devices which have restricted use and are used only for tiny and lightweight items. The product has less demand and low-profit margins in comparison to other industrial dryers. This can restrict market revenue growth during the forecast period. Another major element driving the global centrifugal industrial dryer market is rising awareness about environmental sustainability. The importance of recycling materials such as plastic is growing by the day. A centrifugal industrial dryer is an important part of the plastic recycling industry. This is expected to drive the growth of the global industrial dryer market.Global Centrifugal Industrial Dryer Market Segmentation Analysis
By Type, the direct centrifugal industrial dryer segment is expected to hold for more than 85 % centrifugal industrial dryer market with a CAGR of 3.9%. As direct rely on direct centrifugal industrial dryer contact between the material and the drying air to dry the material. This, in turn, makes them the most attractive market segment.By Application, the metal finishing segment is expected to dominate the global centrifugal industrial dryer market in terms of revenue share, with a value share of more than 55 % expected throughout the forecast period. In 2022, the segment was worth US$ 108.3 million, and it is expected to be worth US$ 112.4 million by 2022. During the forecast period, this segment is predicted to generate an incremental $ opportunity of US$ 46.7 million, and at the end of the forecast period, it is estimated to have a market worth of US$ 159.1 million. Plastic recycling is the second-largest revenue segment in the global centrifugal industrial dryer market, accounting for roughly 16% of total revenue throughout the forecast period. The plastic recycling market was worth US$ 31.0 million in 2022, and it is expected to grow to US$ 32.0 million in 2022. During the forecast period, this segment is estimated to provide an additional $ potential of US$ 9.3 million. By the end of the projection period, the segment is estimated to have a market value of US$ 41.3 million.
Competitive Landscape
Major manufacturers use a variety of techniques, including new product launches, mergers and acquisitions, and foraying into new markets to grow their footprints. As an example, several vendors in the global centrifugal industrial dryer market provide customized solutions. In this market, this is projected to be a major emphasis. Gala has created a model centrifugal industrial dyer that can process up to 150 tons per hour. With lentoid pellet shape, it can process high-density polyethylene (HDPE) with a melt flow index of 0.35. The combination of such advancements and speeds is expected to significantly boost sales in the global centrifugal industrial dryer market. Consumers require application-specific centrifugal industrial dryers since industrial requirements vary by industry and product. Vendors in the industry can take advantage of this trend, for product diversification as well as a unique selling feature. This is a significant breakthrough is expected to drive the growth of centrifugal industrial dryers.Global Centrifugal Industrial Dryer Market Regional Analysis
During the forecast period, Asia Pacific is predicted to show promising results. The region is estimated to have a market share of 36.3 per cent in 2022, and the market is expected to grow at a CAGR of 4.8 % during the forecast period. The rising industrial sector and expanding automobile industry are driving this region's growth. India, Japan, and China are all contributing significantly to this region's growth in the global industrial dryer market. The North American market is estimated to reach US$ 73.7 million by the end of 2029, with a CAGR of 3.3 %. Similarly, over the foreseeable period, the Middle East and Africa markets are expected to remain active and lucrative. The objective of the report is to present a comprehensive analysis of the Global market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global market dynamics, structure by analyzing the market segments and project the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Centrifugal Industrial Dryer Market make the report investor’s guide.Global Centrifugal Industrial Dryer Market Scope: Inquire before buying
Global Centrifugal Industrial Dryer Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.74 Bn. Forecast Period 2022 to 2029 CAGR: 3.8% Market Size in 2029: US $ 7.45 Bn. Segments Covered: by Application Metal Finishing Food Processing Plastic Recycling Chemical Pharmaceutical by Type Direct Indirect By Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Centrifugal Industrial Dryer Market Key Players
1. ZIRBUS technology 2. Zhejiang Humo Polishing Grinder Manufacture 3. Wave Power Equipment 4. Sukup Manufacturing 5. Sino-alloy Machinery 6. Rosler Oberflachentechnik 7. Pelletizing Solutions 8. Greco Brothers 9. Gostol TST 10. Genox Recycling Tech 11. Gala Industries 12. Firex 13. Delcra Chemicals 14. Brüel Systems 15. BelAir Finishing Supply 16. BEC Midlands 17. AVAtec Frequently Asked Questions: 1. Which region has the largest share in Global Centrifugal Industrial Dryer Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Centrifugal Industrial Dryer Market? Ans: The Global Centrifugal Industrial Dryer Market is growing at a CAGR of 3.8% during forecasting period 2023-2029. 3. What is scope of the Global Centrifugal Industrial Dryer Market report? Ans: Global Centrifugal Industrial Dryer Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Centrifugal Industrial Dryer Market? Ans: The important key players in the Global Centrifugal Industrial Dryer Market are – ZIRBUS technology Zhejiang Humo Polishing Grinder Manufacture Wave Power Equipment Sukup Manufacturing Sino-alloy Machinery Rosler Oberflachentechnik Pelletizing Solutions Greco Brothers Gostol TST Genox Recycling Tech Gala Industries Firex Delcra Chemicals Brüel Systems BelAir Finishing Supply BEC Midlands AVAtec 5. What is the study period of this Market? Ans: The Global Centrifugal Industrial Dryer Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Centrifugal Industrial Dryer Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Centrifugal Industrial Dryer Market 3.4. Geographical Snapshot of the Centrifugal Industrial Dryer Market, By Manufacturer share 4. Global Centrifugal Industrial Dryer Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Centrifugal Industrial Dryer Market 5. Supply Side and Demand Side Indicators 6. Global Centrifugal Industrial Dryer Market Analysis and Forecast, 2022-2029 6.1. Global Centrifugal Industrial Dryer Market Size & Y-o-Y Growth Analysis. 7. Global Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Direct 7.1.2. Indirect 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Metal Finishing 7.2.2. Food Processing 7.2.3. Plastic Recycling 7.2.4. Chemical 7.2.5. Pharmaceutical 8. Global Centrifugal Industrial Dryer Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Direct 9.1.2. Indirect 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Metal Finishing 9.2.2. Food Processing 9.2.3. Plastic Recycling 9.2.4. Chemical 9.2.5. Pharmaceutical 10. North America Centrifugal Industrial Dryer Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Centrifugal Industrial Dryer Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Centrifugal Industrial Dryer Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Centrifugal Industrial Dryer Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Centrifugal Industrial Dryer Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Centrifugal Industrial Dryer Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Centrifugal Industrial Dryer Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Firex 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. ZIRBUS technology 45.5. Zhejiang Humo Polishing Grinder Manufacture 45.6. Wave Power Equipment 45.7. Sukup Manufacturing 45.8. Sino-alloy Machinery 45.9. Rosler Oberflachentechnik 45.10. Pelletizing Solutions 45.11. Greco Brothers 45.12. Gostol TST 45.13. Genox Recycling Tech 45.14. Gala Industries 45.15. Firex 45.16. Delcra Chemicals 45.17. Brüel Systems 45.18. BelAir Finishing Supply 45.19. BEC Midlands 45.20. AVAtec 46. Primary Key Insights
