Market Overview:
The global plastic pellet dryers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic pellets from various end-use industries, such as automotive, packaging, and construction. In addition, the growing demand for bulk materials across various industries is also propelling the growth of the global plastic pellet dryers market. Based on type, batch-type dryers are expected to dominate the global plastic pellet dryers market during the forecast period owing to their low cost and easy installation. However, continuous-type dryers are projected to witness higher growth rates due their ability to handle high throughputs and better energy efficiency as compared with batch-type dryers.
Product Definition:
A plastic pellet dryer is a machine that is used to remove moisture from plastic pellets. This can be important because if the pellets are too wet, they can become clumped together and this can make them difficult to process. The dryer also helps to ensure that the pellets have a consistent quality and are not affected by humidity levels.
Batch:
Batch is a type of drying process used to eliminate moisture from plastic pellets. It is also known as single-pass or single-level drying method. Batch dryers are most commonly used for the production of granules, flakes, and powders and can be utilized in various applications including automotive & transportation, food & beverage processing, building materials among others.
Continuous:
Continuous is a type of air movement system that provides an uninterrupted supply of dry air. It can be used in various applications such as plastic pellet dryers, food & beverage processing, pharmaceuticals and chemical industries. Continuous systems are designed to move the air at a constant velocity and volume throughout the plant without any interruption or fluctuations in pressure.
The continuous design offers several advantages over cyclone designs including; less dust generation, lower energy consumption & operating costs.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. Other applications include food & beverage, textiles, packaging and construction materials. Plastic pellets are used as raw material in several industries including food & beverages, textiles and packaging among others.
Increasing demand for plastic pellet dryer owing to its ability to reduce energy consumption by 30% compared with that of a conventional kiln is expected to have a positive impact on industry growth over the coming years. Moreover, plastic pellets offer several advantages including ease of use in small spaces due to their compact size; they also require less maintenance as compared with other forms of bulk materials such as wood chips or sawdust which were previously used for this purpose.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to rapid industrialization and increasing population. The region is expected to continue its dominance over the forecast period due to growing construction, automotive, packaging and electrical & electronics industries.
The demand for plastic pellets in Europe is anticipated to grow at a significant rate over the forecast period owing to rising product applications including bulk materials handling equipment, molded parts manufacturing as well as others. Increasing R&D activities for new product development coupled with technological advancements are projecteded drive regional growth during the forecast years.
North America accounted for a significant share of revenue in 2017 on account of high consumption levels of packaged food products along with other end-use industries such as construction and automotive which use plastic pellets extensively across various applications such as building blocks, windowpanes etc.).
Growth Factors:
- Increasing demand for plastic pellets from various end-use industries
- Growing awareness about the benefits of using plastic pellets over other forms of plastics
- Rising investments in research and development activities for improving the quality of plastic pellets
- Proliferation of new applications for plastic pellets in different industries
- Technological advancements in dryer systems that are helping to improve their efficiency
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Pellet Dryers Market Research Report
By Type
Batch, Continuous
By Application
Plastic Pellets, Bulk Materials, Others
By Companies
ACS Group, Allgaier Process Technology, MAAG Pump Systems Textron A.G., Conair Group, CROWN CDL Technology, Dega Plastics, ECON GmbH, Harmo, HELIOS, Ihne & Tesch, IMA Pharma, IPS Intelligent Pelletizing Solutions, Italvacuum, Koch-Technik, KREYENBORG, Labotek, Moretto, Motan Colortronic, NEUE HERBOLD, NEUHAUS NEOTEC, New Omap, Nordson Polymer Processing Systems, Novatec, Summit Systems, Vibra Schultheis, Wittmann, Yenchen Machinery, Yulishih Industrial
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Pellet Dryers Market Report Segments:
The global Plastic Pellet Dryers market is segmented on the basis of:
Types
Batch, Continuous
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
Plastic Pellets, Bulk Materials, 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:
- ACS Group
- Allgaier Process Technology
- MAAG Pump Systems Textron A.G.
- Conair Group
- CROWN CDL Technology
- Dega Plastics
- ECON GmbH
- Harmo
- HELIOS
- Ihne & Tesch
- IMA Pharma
- IPS Intelligent Pelletizing Solutions
- Italvacuum
- Koch-Technik
- KREYENBORG
- Labotek
- Moretto
- Motan Colortronic
- NEUE HERBOLD
- NEUHAUS NEOTEC
- New Omap
- Nordson Polymer Processing Systems
- Novatec
- Summit Systems
- Vibra Schultheis
- Wittmann
- Yenchen Machinery
- Yulishih Industrial
Highlights of The Plastic Pellet Dryers 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:
- Batch
- Continuous
- By Application:
- Plastic Pellets
- Bulk Materials
- 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 Plastic Pellet Dryers 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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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?
A plastic pellet dryer is a type of air-conditioning unit that uses pellets to produce heat and humidity. These units are typically used in small businesses or homes that don't have access to an electric grid.
Some of the major companies in the plastic pellet dryers market are ACS Group, Allgaier Process Technology, MAAG Pump Systems Textron A.G., Conair Group, CROWN CDL Technology, Dega Plastics, ECON GmbH, Harmo, HELIOS, Ihne & Tesch, IMA Pharma, IPS Intelligent Pelletizing Solutions, Italvacuum, Koch-Technik, KREYENBORG, Labotek, Moretto, Motan Colortronic, NEUE HERBOLD, NEUHAUS NEOTEC, New Omap, Nordson Polymer Processing Systems, Novatec, Summit Systems, Vibra Schultheis, Wittmann, Yenchen Machinery, Yulishih Industrial.
The plastic pellet dryers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Pellet Dryers 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. Plastic Pellet Dryers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Pellet Dryers Market - Supply Chain
4.5. Global Plastic Pellet Dryers Market Forecast
4.5.1. Plastic Pellet Dryers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Pellet Dryers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Pellet Dryers Market Absolute $ Opportunity
5. Global Plastic Pellet Dryers 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. Plastic Pellet Dryers Market Size and Volume Forecast by Type
5.3.1. Batch
5.3.2. Continuous
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Pellet Dryers 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. Plastic Pellet Dryers Market Size and Volume Forecast by Application
6.3.1. Plastic Pellets
6.3.2. Bulk Materials
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Pellet Dryers 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. Plastic Pellet Dryers 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 Plastic Pellet Dryers 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. Plastic Pellet Dryers 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 Plastic Pellet Dryers Demand Share Forecast, 2019-2026
9. North America Plastic Pellet Dryers 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 Plastic Pellet Dryers 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 Plastic Pellet Dryers Market Size and Volume Forecast by Application
9.4.1. Plastic Pellets
9.4.2. Bulk Materials
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Pellet Dryers Market Size and Volume Forecast by Type
9.7.1. Batch
9.7.2. Continuous
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 Plastic Pellet Dryers Demand Share Forecast, 2019-2026
10. Latin America Plastic Pellet Dryers 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 Plastic Pellet Dryers 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 Plastic Pellet Dryers Market Size and Volume Forecast by Application
10.4.1. Plastic Pellets
10.4.2. Bulk Materials
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Pellet Dryers Market Size and Volume Forecast by Type
10.7.1. Batch
10.7.2. Continuous
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 Plastic Pellet Dryers Demand Share Forecast, 2019-2026
11. Europe Plastic Pellet Dryers 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 Plastic Pellet Dryers 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 Plastic Pellet Dryers Market Size and Volume Forecast by Application
11.4.1. Plastic Pellets
11.4.2. Bulk Materials
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Pellet Dryers Market Size and Volume Forecast by Type
11.7.1. Batch
11.7.2. Continuous
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potental 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 Plastic Pellet Dryers Demand Share, 2019-2026
12. Asia Pacific Plastic Pellet Dryers 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 Plastic Pellet Dryers 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 Plastic Pellet Dryers Market Size and Volume Forecast by Application
12.4.1. Plastic Pellets
12.4.2. Bulk Materials
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Pellet Dryers Market Size and Volume Forecast by Type
12.7.1. Batch
12.7.2. Continuous
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 Plastic Pellet Dryers Demand Share, 2019-2026
13. Middle East & Africa Plastic Pellet Dryers 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 Plastic Pellet Dryers 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 Plastic Pellet Dryers Market Size and Volume Forecast by Application
13.4.1. Plastic Pellets
13.4.2. Bulk Materials
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Pellet Dryers Market Size and Volume Forecast by Type
13.7.1. Batch
13.7.2. Continuous
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 Plastic Pellet Dryers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Pellet Dryers Market: Market Share Analysis
14.2. Plastic Pellet Dryers Distributors and Customers
14.3. Plastic Pellet Dryers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ACS Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Allgaier Process Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. MAAG Pump Systems Textron A.G.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Conair Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CROWN CDL Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dega Plastics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ECON GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Harmo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HELIOS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ihne & Tesch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. IMA Pharma
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. IPS Intelligent Pelletizing Solutions
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Italvacuum
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Koch-Technik
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. KREYENBORG
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Labotek
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Moretto
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Motan Colortronic
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. NEUE HERBOLD
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. NEUHAUS NEOTEC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
