Market Overview:
The global drying curing equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for printing inks, adhesives, and sealants in various end-use industries. In addition, the growing demand for lightweight and energy-efficient construction materials is also propelling the growth of the global drying curing equipment market. On the basis of type, UV drying curing equipment held a major share of 63% in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its ability to cure products quickly with low heat generation and no fumes or odors. On account of these benefits, UV drying curing equipment is being increasingly adopted by various end-use industries such as printing, building materials, and manufacturing industry among others. Based on application, printing industry accounted for majority share (36%) in 2017 owing to high demand for printed products from commercial as well as consumer sectors across different regions worldwide.
Product Definition:
Drying curing equipment is a type of equipment that is used to dry and cure meat. This type of equipment is important because it helps to preserve the meat and keep it from going bad.
UV Drying Curing Equipment:
UV drying curing equipment is used in the manufacturing industry for various applications such as lamination, coating, and inkjet. The growth factor in the UV drying curing equipment market is driven by growing demand from end-use industries such as packaging & material handling and automotive.
The major driver for this market includes increasing demand from industrial application segments including laminating, coating & printing inkjet which are driving growth of coatings sector globally.
IR Drying Curing Equipment:
An IR drying curing equipment is a device that uses infrared radiation to heat the material and convect it to a uniform temperature throughout. The major function of this equipment is to dry the materials so as to avoid any form of contamination during the process. It also helps in eliminating moisture, oil, and other impurities from various types of materials such as wood, plastic among others.
Application Insights:
The global drying curing equipment market by application is segmented into printing industry, building materials industry, manufacturing industry, and others. The other applications include food & beverages and pharmaceutical industries. In 2017, the printing industry was the largest consumer of drying curing equipment with a share of over 40%. This can be attributed to high demand for faster turnaround times in order to meet production schedules at competitive prices.
The demand for dried herbs and spices is also growing rapidly in Asia Pacific region due to increasing consumption of these products in various foods including curries powders sauces among others which are consumed daily by people living there.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population, rising disposable income of consumers and improving standard of living. Moreover, these countries have a large number of manufacturing facilities due to cheap labor costs; thus resulting in high demand for curing equipment from end-use industries such as printing industry; building materials industry; etc.
The Asia Pacific regional market has been experiencing strong growth due to growing industrialization across major economies including China and India coupled with expansionary fiscal policies adopted by respective governments aimed at boosting domestic production levels within their respective regions.
Growth Factors:
- Increasing demand for processed food products: The global population is growing at a rapid pace and with it the demand for processed food products is also increasing. This will drive the growth of the drying curing equipment market as this equipment is used in the processing of various food items.
- Technological advancements: The drying curing equipment market is witnessing constant technological advancements which are helping to improve its efficiency and performance. This will help to boost the growth of this market in the coming years.
- Rising awareness about hygiene and sanitation: There has been a rise in awareness about hygiene and sanitation across the globe in recent years, especially among developing countries. This has led to an increase in demand for hygienic food products, which can be met only through use of drying curing equipment during processing stages thereof Hence, this factor too shall fuel growth prospects for this market over forecast period 2017-2025). 4) Growing inclination towards ready-to-eat foods: A major trend that has been observed recently across developed as well as developing countries alike is growing inclination towards ready-to-eat (RTE) foods over traditional cooked meals/dishes prepared from scratch at home by consumers themselves .This shift can be attributed to changing lifestyles coupled with hectic schedules faced by people today .Such a trend shall have positive implications on overall sales figures registered by players operating within Drying Curing Equipment marketplace during forthcoming years . 5) Stringent regulations pertaining to quality & safety standards compliance
Scope Of The Report
Report Attributes
Report Details
Report Title
Drying Curing Equipment Market Research Report
By Type
UV Drying Curing Equipment, IR Drying Curing Equipment, Others
By Application
Printing Industry, Building Materials Industry, Manufacturing Industry, Others
By Companies
IST METZ, Heraeus, GEW, Phoseon, Lumen Dynamics, Miltec, Nordson, AMS, Kyocera, Panasonic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Drying Curing Equipment Market Report Segments:
The global Drying Curing Equipment market is segmented on the basis of:
Types
UV Drying Curing Equipment, IR Drying Curing Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Printing Industry, Building Materials Industry, Manufacturing Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IST METZ
- Heraeus
- GEW
- Phoseon
- Lumen Dynamics
- Miltec
- Nordson
- AMS
- Kyocera
- Panasonic
Highlights of The Drying Curing Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- UV Drying Curing Equipment
- IR Drying Curing Equipment
- Others
- By Application:
- Printing Industry
- Building Materials Industry
- Manufacturing Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drying Curing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drying curing equipment is a type of industrial oven used to dry and cure wood products. The oven uses heat and air to slowly dehydrate the wood, which in turn hardens the surface.
Some of the major companies in the drying curing equipment market are IST METZ, Heraeus, GEW, Phoseon, Lumen Dynamics, Miltec, Nordson, AMS, Kyocera, Panasonic.
The drying curing equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Drying Curing Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Drying Curing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Drying Curing Equipment Market - Supply Chain
4.5. Global Drying Curing Equipment Market Forecast
4.5.1. Drying Curing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Drying Curing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Drying Curing Equipment Market Absolute $ Opportunity
5. Global Drying Curing Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Drying Curing Equipment Market Size and Volume Forecast by Type
5.3.1. UV Drying Curing Equipment
5.3.2. IR Drying Curing Equipment
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Drying Curing Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Drying Curing Equipment Market Size and Volume Forecast by Application
6.3.1. Printing Industry
6.3.2. Building Materials Industry
6.3.3. Manufacturing Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Drying Curing Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Drying Curing Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Drying Curing Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Drying Curing Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Drying Curing Equipment Demand Share Forecast, 2019-2026
9. North America Drying Curing Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Drying Curing Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Drying Curing Equipment Market Size and Volume Forecast by Application
9.4.1. Printing Industry
9.4.2. Building Materials Industry
9.4.3. Manufacturing Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Drying Curing Equipment Market Size and Volume Forecast by Type
9.7.1. UV Drying Curing Equipment
9.7.2. IR Drying Curing Equipment
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Drying Curing Equipment Demand Share Forecast, 2019-2026
10. Latin America Drying Curing Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Drying Curing Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Drying Curing Equipment Market Size and Volume Forecast by Application
10.4.1. Printing Industry
10.4.2. Building Materials Industry
10.4.3. Manufacturing Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Drying Curing Equipment Market Size and Volume Forecast by Type
10.7.1. UV Drying Curing Equipment
10.7.2. IR Drying Curing Equipment
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Drying Curing Equipment Demand Share Forecast, 2019-2026
11. Europe Drying Curing Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Drying Curing Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Drying Curing Equipment Market Size and Volume Forecast by Application
11.4.1. Printing Industry
11.4.2. Building Materials Industry
11.4.3. Manufacturing Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Drying Curing Equipment Market Size and Volume Forecast by Type
11.7.1. UV Drying Curing Equipment
11.7.2. IR Dryig Curing Equipment
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Drying Curing Equipment Demand Share, 2019-2026
12. Asia Pacific Drying Curing Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Drying Curing Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Drying Curing Equipment Market Size and Volume Forecast by Application
12.4.1. Printing Industry
12.4.2. Building Materials Industry
12.4.3. Manufacturing Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Drying Curing Equipment Market Size and Volume Forecast by Type
12.7.1. UV Drying Curing Equipment
12.7.2. IR Drying Curing Equipment
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Drying Curing Equipment Demand Share, 2019-2026
13. Middle East & Africa Drying Curing Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Drying Curing Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Drying Curing Equipment Market Size and Volume Forecast by Application
13.4.1. Printing Industry
13.4.2. Building Materials Industry
13.4.3. Manufacturing Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Drying Curing Equipment Market Size and Volume Forecast by Type
13.7.1. UV Drying Curing Equipment
13.7.2. IR Drying Curing Equipment
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Drying Curing Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Drying Curing Equipment Market: Market Share Analysis
14.2. Drying Curing Equipment Distributors and Customers
14.3. Drying Curing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IST METZ
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Heraeus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GEW
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Phoseon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lumen Dynamics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Miltec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nordson
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AMS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kyocera
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Panasonic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
