Market Overview:
The global industrial driers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy, construction, and other applications across the globe. In terms of type, the belt dryers segment is expected to hold a major share of the global industrial driers market during the forecast period. This can be attributed to their high efficiency and low operating costs as compared to other types of industrial driers.
Product Definition:
A device used to remove water or other liquid substances from a material.
Rotary Dryer:
The rotary dryer is a device used in drying process which consists of fixed or moving blades that move around inside a container, the air moves past the liquid to be dried and heat is applied if required. The most commonly used type of dryers are belt driven but they can be motorized too. Belt driven dryers are usually cheaper than motorized ones and also less power consuming.
Dispersion Dryers:
Dispersion dryers are used in industrial driers to reduce the temperature of a liquid or gas. They operate by introducing a stream of air at the required temperature and velocity, which causes the particles to move towards its center. The hot air is then directed out from the top through nozzles located on either side of the device.
The working principle behind dispersion dryers is based on collisions between molecules and ions or between solid particles.
Application Insights:
The energy segment dominated the global industrial driers market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to increasing demand for clean air and water across various industries, including power generation and steel manufacturing. In addition, growing investments in renewable energy sources such as solar and wind are expected to drive industry expansion over the forecast period.
Manufacturers are focusing on reducing emissions by adopting cleaner technologies such as natural gas-powered dryers that produce less carbon dioxide compared to their counterparts driven by fossil fuels such as coal and oil products. Furthermore, technological advancements coupled with product innovation will encourage industry participants toward sustainable development practices while maintaining operational efficiency during production cycles of new plants or expansions at existing facilities throughout North America and Europe regions where stringent environmental regulations have been adopted post-2016 election cycle in U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as food & beverage, pharmaceuticals, chemicals, and others. China is one of the largest producers of coal; however, it has been observed that production has declined by approximately 10% since 2015 owing to environmental regulations implemented by the government. This decline in production resulted in a shortage of coal which forced manufacturers across China to look for alternative energy sources for producing dryers at their plants thus driving regional product demand.
Europe accounted for more than 20% share in terms of revenue and is expected to grow at a significant rate over the forecast period owing mainly rotary dryer types with high efficiency and low noise levels coupled with dispersion dryers used widely across bakery industry due its benefits such as high productivity along with low maintenance cost required compared other technologies available out there on market place.
Growth Factors:
- Increasing demand from the end-user industries for drying of wet products and materials
- Growing awareness about the benefits of industrial driers in terms of energy savings and improved product quality
- Technological advancements that have led to the development of more efficient and compact industrial driers
- Rising demand for customized industrial driers to meet specific requirements of different end-user industries
- Growing number of small and medium enterprises (SMEs) that are increasingly adopting industrial driers as a cost-effective means to improve their production efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Driers Market Research Report
By Type
Rotary Dryer, Dispersion Dryers, Fluid Bed Dryers, Belt Dryers, Others
By Application
Energy, Construction, Manufacturer, Mining, Pharmaceutical, Other
By Companies
Metso, Feeco, ThyssenKrupp, Andritz, Okawara Mfg, Neuhaus Neotec, Kason Corporation, Huber Technology, Buttner Energie, SSP Private Limited, Bepex International, Boardman LLC, Thompson Dryers
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Driers Market Report Segments:
The global Industrial Driers market is segmented on the basis of:
Types
Rotary Dryer, Dispersion Dryers, Fluid Bed Dryers, Belt Dryers, 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
Energy, Construction, Manufacturer, Mining, Pharmaceutical, Other
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:
- Metso
- Feeco
- ThyssenKrupp
- Andritz
- Okawara Mfg
- Neuhaus Neotec
- Kason Corporation
- Huber Technology
- Buttner Energie
- SSP Private Limited
- Bepex International
- Boardman LLC
- Thompson Dryers
Highlights of The Industrial Driers 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:
- Rotary Dryer
- Dispersion Dryers
- Fluid Bed Dryers
- Belt Dryers
- Others
- By Application:
- Energy
- Construction
- Manufacturer
- Mining
- Pharmaceutical
- Other
- 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 Industrial Driers 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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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?
Industrial Driers are a type of air compressor that use compressed air to power industrial machinery.
Some of the major players in the industrial driers market are Metso, Feeco, ThyssenKrupp, Andritz, Okawara Mfg, Neuhaus Neotec, Kason Corporation, Huber Technology, Buttner Energie, SSP Private Limited, Bepex International, Boardman LLC, Thompson Dryers.
The industrial driers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Driers 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. Industrial Driers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Driers Market - Supply Chain
4.5. Global Industrial Driers Market Forecast
4.5.1. Industrial Driers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Driers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Driers Market Absolute $ Opportunity
5. Global Industrial Driers 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. Industrial Driers Market Size and Volume Forecast by Type
5.3.1. Rotary Dryer
5.3.2. Dispersion Dryers
5.3.3. Fluid Bed Dryers
5.3.4. Belt Dryers
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Driers 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. Industrial Driers Market Size and Volume Forecast by Application
6.3.1. Energy
6.3.2. Construction
6.3.3. Manufacturer
6.3.4. Mining
6.3.5. Pharmaceutical
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Driers 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. Industrial Driers 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 Industrial Driers 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. Industrial Driers 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 Industrial Driers Demand Share Forecast, 2019-2026
9. North America Industrial Driers 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 Industrial Driers 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 Industrial Driers Market Size and Volume Forecast by Application
9.4.1. Energy
9.4.2. Construction
9.4.3. Manufacturer
9.4.4. Mining
9.4.5. Pharmaceutical
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Driers Market Size and Volume Forecast by Type
9.7.1. Rotary Dryer
9.7.2. Dispersion Dryers
9.7.3. Fluid Bed Dryers
9.7.4. Belt Dryers
9.7.5. 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 Industrial Driers Demand Share Forecast, 2019-2026
10. Latin America Industrial Driers 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 Industrial Driers 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 Industrial Driers Market Size and Volume Forecast by Application
10.4.1. Energy
10.4.2. Construction
10.4.3. Manufacturer
10.4.4. Mining
10.4.5. Pharmaceutical
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Driers Market Size and Volume Forecast by Type
10.7.1. Rotary Dryer
10.7.2. Dispersion Dryers
10.7.3. Fluid Bed Dryers
10.7.4. Belt Dryers
10.7.5. 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 Industrial Driers Demand Share Forecast, 2019-2026
11. Europe Industrial Driers 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 Industrial Driers 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 Industrial Driers Market Size and Volume Forecast by Application
11.4.1. Energy
11.4.2. Construction
11.4.3. Manufacturer
11.4.4. Mining
11.4.5. Pharmaceutical
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Driers Market Size and Volume Forecast by Type
11.7.1. Rotary Dryer
11.7.2. Dispersion Dryers
11.7.3. Fluid Bed Dryers
11.7.4. Belt Dryers
11.7.5. Othes
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 Industrial Driers Demand Share, 2019-2026
12. Asia Pacific Industrial Driers 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 Industrial Driers 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 Industrial Driers Market Size and Volume Forecast by Application
12.4.1. Energy
12.4.2. Construction
12.4.3. Manufacturer
12.4.4. Mining
12.4.5. Pharmaceutical
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Driers Market Size and Volume Forecast by Type
12.7.1. Rotary Dryer
12.7.2. Dispersion Dryers
12.7.3. Fluid Bed Dryers
12.7.4. Belt Dryers
12.7.5. 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 Industrial Driers Demand Share, 2019-2026
13. Middle East & Africa Industrial Driers 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 Industrial Driers 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 Industrial Driers Market Size and Volume Forecast by Application
13.4.1. Energy
13.4.2. Construction
13.4.3. Manufacturer
13.4.4. Mining
13.4.5. Pharmaceutical
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Driers Market Size and Volume Forecast by Type
13.7.1. Rotary Dryer
13.7.2. Dispersion Dryers
13.7.3. Fluid Bed Dryers
13.7.4. Belt Dryers
13.7.5. 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 Industrial Driers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Driers Market: Market Share Analysis
14.2. Industrial Driers Distributors and Customers
14.3. Industrial Driers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Metso
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Feeco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ThyssenKrupp
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Andritz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Okawara Mfg
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Neuhaus Neotec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kason Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Huber Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Buttner Energie
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SSP Private Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Bepex International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Boardman LLC
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Thompson Dryers
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
