Spray Drying Equipment Market - Forecast(2024 - 2030)

Report Code: FBR 86917 Report Format: PDF + Excel

Spray Drying Equipment Market Overview

Spray Drying Equipment Market size was $4.39Bn in 2019, growing at a CAGR of 6.86% during the forecast period 2020-2025. Spray drying is a technique to produce a dry powder from slurry or liquid with hot air. This equipment is used for drying thermally sensitive materials including pharmaceuticals and food products. A liquid is sprayed through an atomizer into a chamber that contains streams of hot air, the moisture evaporates by leaving behind solid powder particles that fall to the bottom of the chamber. Industrial spray dryer, fruit dryer machine, laboratory dryer, flash dryer, tray dryer, rotary dryer, meat drying equipment, fluid bed dryer, spin flash dryer, drum dryer and others are some of the types of spray dryers used in different required fields.

Report Coverage

The report: “Spray Drying Equipment Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Spray Drying Equipment Market. 

By Product Type: Rotary Atomizer Spray Dryer, Nozzle Atomizer Spray Dryer, Fluidized Spray Dryer, Closed Loop Spray Dryer, Centrifugal Spray Dryer, Others
By Stage Type: Single Stage, Two Stage, Multi Stage
By Flow Type: Co-Current Flow Spray Dryers, Counter-Current Flow Spray Dryers, Mixed Flow Spray Dryers
By Cycle Type: Open Cycle, Closed Cycle
By Application Type: Food, Pharmaceuticals, Chemicals, Others
By Geography: North America, Europe, Asia-Pacific, Rest of the World

Key Takeaways

  • The increase of the high reliability and technological innovation of spray-drying in the industry is set to propel the growth of the market. 
  • Increase in consumption of milk powder products by the consumers promotes the Spray Drying Equipment Market. 
  • Asia Pacific region is estimated to record the fastest growth rate during the forecast period 2020-2025.

By Product Type - Segment Analysis

In 2019, Nozzle Atomizer Spray Dryer segment dominated the Spray Drying Equipment Market in terms of revenue and is estimated to grow at a CAGR of 5.7% during the forecast period 2020-2025. It is created by forcing the fluid through an orifice. The energy required to overcome the pressure drop is supplied by the spray dryer feed pump. It converts the pressure energy within the liquid bulk into kinetic energy of thin moving liquid sheets. It breaks the sheets under the influence of the physical liquid properties and by the frictional effects with the medium into which it is discharged is set to act as a key driver of the Spray Drying Equipment Market.

By Application Type - Segment Analysis

In 2019, Pharmaceuticals segment dominated the Spray Drying Equipment Market in terms of revenue. Rise in geriatric population along with growing consumer spending on medicine owing to increase in diseases. It is a continuous process that converts, in a single step, a liquid feed into a powder and is an ideal process when precise attributes such as particle size, morphology and stability are required. It is applied to infusions, extracts, inorganic medicinal salts, adrenaline and vitamin C. It helps to precipitate drugs from solutions in an amorphous state which aids in the growth of the market.

Geography - Segment Analysis

In 2019, the North America region dominated Spray Drying Equipment Market in terms of revenue with a market share of 30%. It is attributed to a high preference for powdered milk as an alternative to liquid milk. The extraction and use of food additives and increase in demand for convenience food items such as instant coffee and soup mixes have widened the scope for spray drying to facilitate rapid production. Asia Pacific is estimated to record the fastest growth rate during the forecast period 2020-2025. 

Drivers – Spray Drying Equipment Market

Increase In The Adaptation of Product

There is an increase product adoption in the chemical industry for spray drying polymers, resins, and other intermediates chemical products. Rising need to ensure compliance with the environmental and safety regulations for processing of products, such as flammable organic solvents, catalysts, and other chemical compounds, is set to drive the growth of the Spray Drying Equipment Market.

Challenges – Spray Drying Equipment Market

High Cost Product

The spray drying equipment has high operational costs which are the major challenge for the spray drying equipment market and the variations in the organoleptic properties affect the profit margins of spray drying equipment market.

Spray Drying Equipment Industry Outlook 

Product Launches was the key strategy of the players in the Spray Drying Equipment Industry. Spray Drying Equipment top 10 companies include GEA Group AG, G. Larsson Starch Technology AB, SPX FLOW, Inc., Dedert Corporation, Shandong Tianli Drying Technology and Equipment Co., Ltd., Hemraj Enterprises, New AVM Systech Pvt. Ltd., BÜCHI Labortechnik AG, Yamato Scientific America, Inc. and Swenson Technology, Inc..

Acquisitions/Product Launches

  • In April 2020, GEA Group AG launched BallastMaster marineX. This launch is about to help the company in enhancing its market worldwide.
  • In April 2016, BÜCHI Labortechnik AG acquired flash chromatography and ELSD product lines from Grace Discovery Sciences, to build a strong legacy of quality and customer service while creating more opportunities for customers.
1. Spray Drying Equipment Market Overview
    1.1 Definitions and Scope
2. Spray Drying Equipment Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Application
    2.4 Key trends by Geography
3. Spray Drying Equipment Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Spray Drying Equipment Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Spray Drying Equipment Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Spray Drying Equipment Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Spray Drying Equipment Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Spray Drying Equipment Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Rotary Atomizer Spray Dryer 
    8.2 Nozzle Atomizer Spray Dryer 
        8.2.1 Hydraulic Nozzle Atomizer
        8.2.2 Pneumatic Nozzle Atomizer
    8.3 Fluidized Spray Dryer 
    8.4 Closed Loop Spray Dryer 
    8.5 Centrifugal Spray Dryer 
    8.6 Others
9. Spray Drying Equipment Market – By Stage Type (Market Size –$Million/$Billion)
    9.1 Single Stage
    9.2 Two Stage
    9.3 Multi Stage
10. Spray Drying Equipment Market – By Flow Type (Market Size –$Million/$Billion)
    10.1 Co-Current Flow Spray Dryers 
    10.2 Counter-Current Flow Spray Dryers 
    10.3 Mixed Flow Spray Dryers
11. Spray Drying Equipment Market – By Cycle Type (Market Size –$Million/$Billion)
    11.1 Open Cycle
    11.2 Closed Cycle
12. Spray Drying Equipment Market – By Application Type (Market Size –$Million/$Billion)
    12.1 Food
        12.1.1 Ready-to-eat Foods
        12.1.2 Functional Foods
    12.2 Pharmaceuticals
    12.3 Chemicals
    12.4 Others
13. Spray Drying Equipment Market - By Geography (Market Size –$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Canada
        13.1.3 Mexico
    13.2 Europe
        13.2.1 U.K.
        13.2.2 Germany
        13.2.3 France
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Rest of Europe
    13.3 Asia-Pacific
        13.3.1 China
        13.3.2 India
        13.3.3 Japan
        13.3.4 South Korea
        13.3.5 Australia & New Zealand
        13.3.6 Rest of Asia-Pacific
    13.4 Rest of the World
        13.4.1 Middle East
        13.4.2 Africa
        13.4.3 South America
14. Spray Drying Equipment Market - Entropy
15. Spray Drying Equipment Market – Industry/Segment Competition Landscape (Premium) 
    15.1 Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Countries – Key Companies
        15.1.4 Best Practices for Companies
16. Spray Drying Equipment Market – Key Company List by Country Premium (Premium)
17. Spray Drying Equipment Market Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
1.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Global Industry Research
1.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Global Industry Research
1.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Global Industry Research
1.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Global Industry Research
1.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Global Industry Research
2.Global Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
2.1 Open Cycle Market 2019-2024 ($M) - Global Industry Research
2.2 Closed Cycle Market 2019-2024 ($M) - Global Industry Research
3.Global Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
3.1 Multistage Market 2019-2024 ($M) - Global Industry Research
3.2 Two Stage Market 2019-2024 ($M) - Global Industry Research
3.3 Single Stage Market 2019-2024 ($M) - Global Industry Research
4.Global Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
4.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Global Industry Research
4.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Global Industry Research
4.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Global Industry Research
5.Global Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 (Volume/Units)
5.1 Rotary Atomizer Spray Dryer Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Nozzle Atomizer Spray Dryer Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Fluidized Spray Dryer Market 2019-2024 (Volume/Units) - Global Industry Research
5.4 Closed Loop Spray Dryer Market 2019-2024 (Volume/Units) - Global Industry Research
5.5 Centrifugal Spray Dryer Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Spray Drying Equipment Market By Cycle Type Market 2019-2024 (Volume/Units)
6.1 Open Cycle Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Closed Cycle Market 2019-2024 (Volume/Units) - Global Industry Research
7.Global Spray Drying Equipment Market By Drying Stage Market 2019-2024 (Volume/Units)
7.1 Multistage Market 2019-2024 (Volume/Units) - Global Industry Research
7.2 Two Stage Market 2019-2024 (Volume/Units) - Global Industry Research
7.3 Single Stage Market 2019-2024 (Volume/Units) - Global Industry Research
8.Global Spray Drying Equipment Market By Flow Type Market 2019-2024 (Volume/Units)
8.1 Co-Current Flow Spray Dryers Market 2019-2024 (Volume/Units) - Global Industry Research
8.2 Counter-Current Flow Spray Dryers Market 2019-2024 (Volume/Units) - Global Industry Research
8.3 Mixed Flow Spray Dryers Market 2019-2024 (Volume/Units) - Global Industry Research
9.North America Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
9.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
9.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
9.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
9.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
9.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
10.North America Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
10.1 Open Cycle Market 2019-2024 ($M) - Regional Industry Research
10.2 Closed Cycle Market 2019-2024 ($M) - Regional Industry Research
11.North America Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
11.1 Multistage Market 2019-2024 ($M) - Regional Industry Research
11.2 Two Stage Market 2019-2024 ($M) - Regional Industry Research
11.3 Single Stage Market 2019-2024 ($M) - Regional Industry Research
12.North America Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
12.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
12.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
12.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
13.South America Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
13.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
13.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
13.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
13.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
13.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
14.South America Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
14.1 Open Cycle Market 2019-2024 ($M) - Regional Industry Research
14.2 Closed Cycle Market 2019-2024 ($M) - Regional Industry Research
15.South America Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
15.1 Multistage Market 2019-2024 ($M) - Regional Industry Research
15.2 Two Stage Market 2019-2024 ($M) - Regional Industry Research
15.3 Single Stage Market 2019-2024 ($M) - Regional Industry Research
16.South America Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
16.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
16.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
16.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
17.Europe Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
17.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
17.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
17.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
17.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
17.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
18.Europe Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
18.1 Open Cycle Market 2019-2024 ($M) - Regional Industry Research
18.2 Closed Cycle Market 2019-2024 ($M) - Regional Industry Research
19.Europe Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
19.1 Multistage Market 2019-2024 ($M) - Regional Industry Research
19.2 Two Stage Market 2019-2024 ($M) - Regional Industry Research
19.3 Single Stage Market 2019-2024 ($M) - Regional Industry Research
20.Europe Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
20.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
20.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
20.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
21.APAC Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
21.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
21.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
21.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
21.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
21.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
22.APAC Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
22.1 Open Cycle Market 2019-2024 ($M) - Regional Industry Research
22.2 Closed Cycle Market 2019-2024 ($M) - Regional Industry Research
23.APAC Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
23.1 Multistage Market 2019-2024 ($M) - Regional Industry Research
23.2 Two Stage Market 2019-2024 ($M) - Regional Industry Research
23.3 Single Stage Market 2019-2024 ($M) - Regional Industry Research
24.APAC Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
24.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
24.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
24.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
25.MENA Spray Drying Equipment Market By Spray Dryer Type Market 2019-2024 ($M)
25.1 Rotary Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
25.2 Nozzle Atomizer Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
25.3 Fluidized Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
25.4 Closed Loop Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
25.5 Centrifugal Spray Dryer Market 2019-2024 ($M) - Regional Industry Research
26.MENA Spray Drying Equipment Market By Cycle Type Market 2019-2024 ($M)
26.1 Open Cycle Market 2019-2024 ($M) - Regional Industry Research
26.2 Closed Cycle Market 2019-2024 ($M) - Regional Industry Research
27.MENA Spray Drying Equipment Market By Drying Stage Market 2019-2024 ($M)
27.1 Multistage Market 2019-2024 ($M) - Regional Industry Research
27.2 Two Stage Market 2019-2024 ($M) - Regional Industry Research
27.3 Single Stage Market 2019-2024 ($M) - Regional Industry Research
28.MENA Spray Drying Equipment Market By Flow Type Market 2019-2024 ($M)
28.1 Co-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
28.2 Counter-Current Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research
28.3 Mixed Flow Spray Dryers Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Spray Drying Equipment Market Revenue, 2019-2024 ($M)
2.Canada Spray Drying Equipment Market Revenue, 2019-2024 ($M)
3.Mexico Spray Drying Equipment Market Revenue, 2019-2024 ($M)
4.Brazil Spray Drying Equipment Market Revenue, 2019-2024 ($M)
5.Argentina Spray Drying Equipment Market Revenue, 2019-2024 ($M)
6.Peru Spray Drying Equipment Market Revenue, 2019-2024 ($M)
7.Colombia Spray Drying Equipment Market Revenue, 2019-2024 ($M)
8.Chile Spray Drying Equipment Market Revenue, 2019-2024 ($M)
9.Rest of South America Spray Drying Equipment Market Revenue, 2019-2024 ($M)
10.UK Spray Drying Equipment Market Revenue, 2019-2024 ($M)
11.Germany Spray Drying Equipment Market Revenue, 2019-2024 ($M)
12.France Spray Drying Equipment Market Revenue, 2019-2024 ($M)
13.Italy Spray Drying Equipment Market Revenue, 2019-2024 ($M)
14.Spain Spray Drying Equipment Market Revenue, 2019-2024 ($M)
15.Rest of Europe Spray Drying Equipment Market Revenue, 2019-2024 ($M)
16.China Spray Drying Equipment Market Revenue, 2019-2024 ($M)
17.India Spray Drying Equipment Market Revenue, 2019-2024 ($M)
18.Japan Spray Drying Equipment Market Revenue, 2019-2024 ($M)
19.South Korea Spray Drying Equipment Market Revenue, 2019-2024 ($M)
20.South Africa Spray Drying Equipment Market Revenue, 2019-2024 ($M)
21.North America Spray Drying Equipment By Application
22.South America Spray Drying Equipment By Application
23.Europe Spray Drying Equipment By Application
24.APAC Spray Drying Equipment By Application
25.MENA Spray Drying Equipment By Application
26.GEA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.SPX Flow, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Shandong Tianli Drying Technology & Equipment, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Buchi Labortechnik, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dedert Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Changzhou Lemar Drying Engineering, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Acmefil, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.New Avm Systech, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.C.E. Rogers, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Advanced Drying Systems, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Labplant, Sales /Revenue, 2015-2018 ($Mn/$Bn)