Flash Dryers Market by 2028: Surge in Sales Motivated by Innovation across Product Offerings

Posted on 2019-06-06 by Mark Hub in Industrial // 0 Comments

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The purpose of this comprehensive forecast report presented by FactMR is to elaborate the various market projections impacting the global flash dryers market size during the period through 2018-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the flash dryers market during the forecast period.

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Demand for Flash Dryers to Grow Owing to its Indispensability in the Process Industry

Flash dryers have witnessed considerable demand in the process industries such as minerals and chemical, owing to their application in the drying process. Emphasis on process efficiency and product quality has a significant impact on development of flash dryers in terms of efficacy and performance. Flash dryers have witnessed continuous advancements in recent years, with prominent manufacturers focusing on the development of process requirement-specific flash dryers. Availability of a variety of flash dryers, ranging from small-sized to large-sized variants have further resulted in a dramatic increase in demand from the process industries, that continuously seek flash dryers with improved performance and efficiency.

End-User Demand Shifting Towards Customized Flash Dryers

Customized flash dryers that offer variations in configurations and feeding systems are witnessing an upsurge in demand, owing to changing requirements of industrial processes and growing number of food processing industries. Agitated swirl spin flash dryers, wherein material is fed to dryer housing through suitable feed mechanism mounted on the rotating swirl agitator is one of the key customized flash dryers’ developments. Demand for flash dryers with customized configurations such as double paddle mixer for backward mixing of dry products, and feed bin integrated with lump breaker is likely to propel demand for customized flash dryers.

Environmental Regulations and High Operational Cost: The Achilles’ heel for Flash Dryer Manufacturers

Energy-intensive process of drying, which accounts for nearly two-fifth of energy consumed relative to other operations of process industries, has been directly affecting growth of the flash dryers market. Indirect operation of flash dryers, which need hot air/gas for drying process, result in dependency on burning fossil fuels. This further leads to additional operational costs and increases the environmental footprint of flash dryers, which in turn is a major challenge arresting growth of the flash dryers market. Additionally, stringent regulations imposed by Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) on process industries have further restricted use of drying equipment, thereby impeding growth of the flash dryers market. Availability of cost-effective and energy-efficient alternatives that include fluidized bed dryers and spray dryers have led small industries to shift their focus from flash dryers, which will remain a key growth impediment for the flash dryers market in the near future.

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Consolidation has witnessed a rising trend in the flash dryers market, which can be primarily attributed to the efforts taken by manufacturers of flash dryers for meeting rising demand. Gaining a firm foothold in remunerative markets, such as in emerging economies of Asia-Pacific, while strengthening their presence in developed markets such as North America and Europe, are other key influencers of consolidation trend in the flash dryers market. Acquisition of Euroslot KDSS and its subsidiaries in India and China by ANDRITZ AG, and Henkel Drying and Separation Group’s expansion of its workshops in China, are key incidences that represent consolidation efforts of companies in the flash dryers market.

A worldwide view of the flash dryers market has been covered in the report to present a holistic overview of the flash dryers market, thereby assisting readers in better understanding growth potential in key markets and slating expansion strategies and investments decisions. Eliminating all biases, the report provides a realistic view of the flash dryers market acumen. Data on sales of flash dryers has been offered in terms of volume (Units) and value (US$ Mn), and growth rate of the flash dryers market and key segmented incorporated in the report is depicted in terms of CAGR.

Segmentation

A systematic representation of imperative segments of the flash dryers market has been offered in terms of a market taxonomy in the report. The flash dryers market has been primary categorized on the basis of size, end-use industries, operating principle and region. Small, medium and large are basic sizes of the flash dryers available in the market, on which in-depth analysis and forecast has been offered in the report. The report has classified end-use industries in the flash dryers market into food, fertilizer, chemical, construction material, pharmaceutical, and others. Direct drying and indirect drying are key operating principles elucidated and analyzed in the report. The report also offered scrutinized assessment on the flash dryers market with respect to key regional segments including North America, Latin America, Europe, Asia-Pacific (APAC), and Middle East & Africa (MEA).

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