출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2022년12월
분무 건조 장비(Spray Drying Equipment) 시장 : 유형 (로터리 분무기, 노즐 분무기, 유동화, 원심 분리, 폐쇄 루프), 사이클, 흐름 유형 (병류, 역류, 혼합), 작동 원리, 용량, 건조 단계, 용도 – 2027 년까지의 세계 예측
Spray Drying Equipment Market by Type (Rotary Atomizer, Nozzle Atomizer, Fluidized, Centrifugal, Closed Loop), Cycle, Flow Type (Co-Current, Counter Current and Mixed), Operating Principle, Capacity, Drying Stage, Application – Global Forecast to 2027
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구성 | 영문조사보고서 |
가격 |
According to MarketsandMarkets, the global spray drying equipment market size is estimated to be valued at USD 5.1 billion in 2022 and is projected to reach USD 6.8 billion by 2027, recording a CAGR of 5.9% in terms of value.
Spray drying equipment is defined as processing equipment that converts a mixture from liquid to powder form. The stages of the spray drying process include feed preparation, atomization, drying, and separation of the powder from moist gas. The technique is used in various applications, including food, pharmaceutical, feed, chemicals, and others, such as (ceramics materials, agriculture, and pollution control). Spray drying is the most preferred technique due to its ease of usage and short run time. With respect to the food industry, spray dryers are used in the processing of fruits, juices, milk powder, salt, and beverages.
MarketsandMarkets에 따르면 전 세계 분무건조기 시장 규모는 2022년 51억 달러, 2027년에는 68억 달러로 연평균 5.9% 성장할 것으로 전망됩니다.
분무 건조 장비는 혼합물을 액체에서 분말 형태로 변환하는 처리 장비로 정의됩니다. 분무 건조 공정의 단계에는 공급 준비, 원자화, 건조 및 습한 가스에서 분말 분리가 포함. 이 기술은 식품, 제약, 사료, 화학 물질 및 기타 (세라믹 재료, 농업 및 오염 제어)를 포함한 다양한 응용 분야에서 사용됩니다. 분무 건조는 사용이 간편하고 실행 시간이 짧기 때문에 가장 선호되는 기술입니다. 식품 산업과 관련하여 분무 건조기는 과일, 주스, 분유, 소금 및 음료 가공에 사용됩니다.
“By application, there is an increased use of spray drying equipment for encapsulation in food & beverage, driving the growth of the spray drying equipment market”
Spray drying is one of the simplest, fastest, and most scalable encapsulation techniques. For the development of food formulations containing high-cost active ingredients, novel technologies such as nano spray drying have emerged. The incorporation of active ingredients via drying technologies has been the focus of bioactive compound encapsulation. The particle size of the encapsulated final products has been classified as nanocapsules for sizes of 100–1,000 nm, microcapsules for sizes of 1–1,000 m, and millimeters for encapsulated particles larger than 1 mm. As a result, it is widely used in the food & beverage industry to encapsulate valuable active ingredients.
“By product type, Rotary atomizers to lead the market in terms of market share”
Rotary atomizers convert feed into fine droplets by spraying them through a high-speed rotating perforated disc, which is known as rotary disc atomization. These atomizers are driven by high-velocity liquid discharge from the edge of a disc. The spinning disc utilizes the shearing action of the air at the outer edge of the disc to break the liquid feed into a spray that leaves the disc in a horizontal direction. Rotary atomizers produce fine to coarse droplets, ranging from 30–120 micrometers. They are generally more expensive than nozzle atomizers but do not clog the outlets and can produce uniformly sized droplets.
CMT Atomizers introduced a new generation of rotary atomizers with high-speed gearboxes in January 2022. This new atomizer completes the range of technologies now offered by CMT Atomizers, which includes all possible variants such as air drive, belt drive, direct drive with high-speed motor air cooled, direct drive with high-speed motor liquid cooled, and gearbox drive.
“The European region is projected to grow at the highest market share during the forecast period”
Spray drying equipment is used in the pharmaceutical industry in Europe to process both primary pharmaceuticals, such as Active Pharmaceutical Ingredients (API) and final pharmaceutical formulations. Europe also accounts for a larger market share for aseptic spray drying for parenteral drug products, which involves a continuous production process. The drugs are approved by the European Medicines Agency (EMA) and the World Health Organization (WHO), which have laid down the regulatory requirements. This type of drug formulation involves the spray drying technique for testing and commercial production, which is projected to drive the growth of the spray drying equipment market in Europe. The spray dryers preferred and installed in Europe are usually larger in size and used for commercial purposes due to the large-scale industrial production of related products.
Spray drying processes in Europe are also applied in the food and feed industries. Europe exports its food ingredients and dairy products mostly to the other regions. A comparatively small amount of cheese, butter, and Whole Milk Powder (WMP) from selected destinations is imported into the European Union (EU), and a large share of these imports come from countries in Europe, such as Switzerland and Italy.
The break-up of Primaries:
By Value Chain Side: Demand Side-41%, Supply Side-59%
By Designation: CXOs-31%, Managers – 24%, and Executives- 45%
By Region: Europe – 25%, Asia Pacific – 15%, North America – 45%, RoW – 5%, South America-10%
Leading players profiled in this report:
• GEA Group (Germany)
• SPX Flow (US)
• Shandong Tianli Drying Technology and Equipment (China)
• BÜCHI Labortechnik (Switzerland)
• European SprayDry Technologies (UK)
• Dedert Corporation (US)
• Changzhou Lemar Drying Engineering (China)
• Acmefil Engineering Systems Pvt. Ltd (India)
• New AVM Systech (India)
• Advanced Drying Systems (India)
• LabPLant (UK)
• Swenson Technology, Inc. (US)
• Yamato Scientific America (US)
• Tetra Pak international S.A. (Switzerland)
• G Larsson Starch Technology AB (Sweden)
• Hemraj Engineering (India) LLP (India)
• Saka Engineering Systems Pvt. Ltd. (India)
• SiccaDania Group (Denmark)
• Freund Vector Corporation (US)
• Sanovo Technology Group (Denmark)
• Raj Process Equipment & Systems Pvt. Ltd. (India)
• Shachi Engineering (India)
• Spray Tech Systems (India)
• Shree Sai Equipment & Services (India)
• Shanghai Pilotech Instrument & Equipment Co. Ltd.(China)
Research Coverage:
The report segments the spray drying equipment market on the basis of product type, cycle type, drying stage, flow type, capacity, operating principle, application, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles, which together comprise and discuss views on the emerging & high-growth segments of the global spray drying equipment, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report:
• To get a comprehensive overview of the spray drying equipment market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights into the major countries/regions in which the spray drying equipment market is flourishing
목차
1 INTRODUCTION 37
1.1 STUDY OBJECTIVES 37
1.2 MARKET DEFINITION 37
1.3 STUDY SCOPE 38
FIGURE 1 MARKET SEGMENTATION 38
1.3.1 INCLUSIONS AND EXCLUSIONS 38
1.3.2 REGIONS COVERED 39
1.4 YEARS CONSIDERED 40
1.5 CURRENCY CONSIDERED 40
TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2021 41
1.6 STAKEHOLDERS 41
1.7 SUMMARY OF CHANGES 42
2 RESEARCH METHODOLOGY 43
2.1 RESEARCH DATA 43
FIGURE 2 SPRAY DRYING EQUIPMENT MARKET: RESEARCH DESIGN 43
2.1.1 SECONDARY DATA 44
2.1.1.1 Key data from secondary sources 44
2.1.2 PRIMARY DATA 45
2.1.2.1 Key data from primary sources 45
2.1.2.2 Key industry insights 46
2.1.2.3 Breakdown of primary interviews 46
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION 46
2.2 MARKET SIZE ESTIMATION 47
FIGURE 4 SPRAY DRYING EQUIPMENT MARKET ESTIMATION, BY SIZE (SUPPLY SIDE) 48
FIGURE 5 SPRAY DRYING EQUIPMENT MARKET ESTIMATION (DEMAND SIDE) 48
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 49
FIGURE 6 SPRAY DRYING EQUIPMENT MARKET ESTIMATION: BOTTOM-UP APPROACH 49
2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 50
FIGURE 7 SPRAY DRYING EQUIPMENT MARKET ESTIMATION: TOP-DOWN APPROACH 50
2.3 DATA TRIANGULATION 51
FIGURE 8 DATA TRIANGULATION 51
2.4 ASSUMPTIONS 52
2.5 RESEARCH LIMITATIONS AND ASSOCIATED RISKS 52
3 EXECUTIVE SUMMARY 53
TABLE 2 SPRAY DRYING EQUIPMENT MARKET SHARE SNAPSHOT, 2022 VS. 2027 (USD MILLION) 53
FIGURE 9 ROTARY ATOMIZER SPRAY DRYERS SEGMENT TO BE LARGEST MARKET DURING FORECAST PERIOD 54
FIGURE 10 FOOD & BEVERAGES SEGMENT TO BE MOST ATTRACTIVE APPLICATION IN 2022 55
FIGURE 11 CLOSED CYCLE SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 55
FIGURE 12 CO-CURRENT FLOW TYPE TO OCCUPY MAJOR SHARE IN 2022 56
FIGURE 13 SINGLE-STAGE SEGMENT TO DOMINATE MARKET BY 2027 56
FIGURE 14 INDIRECT HEATING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 57
FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD 57
4 PREMIUM INSIGHTS 59
4.1 OPPORTUNITIES IN SPRAY DRYING EQUIPMENT MARKET 59
FIGURE 16 RISE IN CONSUMPTION OF PROCESSED AND READY-TO-EAT FOODS LED TO INCREASE IN DEMAND FOR SPRAY DRYING EQUIPMENT 59
4.2 SPRAY DRYING EQUIPMENT MARKET, BY TYPE AND REGION 59
FIGURE 17 ROTARY ATOMIZER TO DOMINATE SPRAY DRYING EQUIPMENT MARKET IN 2022 59
4.3 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE AND COUNTRY 60
FIGURE 18 CHINA TO ACCOUNT FOR LARGEST SHARE IN 2022 60
4.4 SPRAY DRYING EQUIPMENT MARKET, BY KEY COUNTRY 60
FIGURE 19 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD FOR SPRAY DRYING EQUIPMENT 60
5 MARKET OVERVIEW 61
5.1 INTRODUCTION 61
5.1.1 MACROECONOMIC INDICATORS 61
5.1.1.1 Increase in demand for multi-functional equipment 61
5.1.1.2 Major Companies investing heavily in food & beverages processing equipment 62
FIGURE 20 PRODUCT-WISE GLOBAL SALES DATA, 2020–2021 (USD BILLION) 63
5.2 MARKET DYNAMICS 63
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SPRAY DRYING EQUIPMENT MARKET 64
5.2.1 DRIVERS 64
5.2.1.1 Increase in consumption of processed and RTE foods 64
FIGURE 22 INCREASING SALES FOR CONVENIENCE FOODS, 2020 (CHANGE IN SALES) 65
5.2.1.2 Technological innovations and advancements in spray drying equipment 65
TABLE 3 VARIOUS APPLICATIONS OF NANO SPRAY DRYING TECHNOLOGY 66
5.2.1.3 Reduced thermal damage and increased shelf life of final products 67
5.2.2 RESTRAINTS 67
5.2.2.1 High installation and operational cost 67
5.2.2.2 Limited use with sugar-rich products 67
TABLE 4 GLASS TRANSITION TEMPERATURE OF SUGAR-RICH PRODUCTS 67
5.2.3 OPPORTUNITIES 68
5.2.3.1 Increase in encapsulation applications of food products 68
TABLE 5 APPLICATIONS OF ENCAPSULATED OILS USING SPRAY DRYING TECHNIQUE IN FUNCTIONAL FOOD PRODUCTS 69
5.2.3.2 Innovative applications in pharmaceutical and ceramic industries 69
5.2.4 CHALLENGES 70
5.2.4.1 Infrastructural challenges in developing countries 70
5.2.4.2 Low energy efficiency of spray dryers 70
6 INDUSTRY TRENDS 71
6.1 INTRODUCTION 71
6.2 VALUE CHAIN ANALYSIS 71
FIGURE 23 VALUE CHAIN ANALYSIS 71
6.2.1 RESEARCH AND PRODUCT DEVELOPMENT 71
6.2.2 REGISTRATION 72
6.2.3 MANUFACTURING 72
6.2.4 DISTRIBUTION 72
6.2.5 MARKETING AND SALES 72
6.2.6 POST-SALES SERVICES 72
6.3 SUPPLY CHAIN ANALYSIS 72
FIGURE 24 SPRAY DRYING EQUIPMENT MARKET: SUPPLY CHAIN ANALYSIS 73
6.4 MARKET MAPPING AND ECOSYSTEM OF SPRAY DRYING EQUIPMENT MARKET 73
6.4.1 DEMAND SIDE 73
6.4.2 SUPPLY-SIDE 73
FIGURE 25 SPRAY DRYING EQUIPMENT MARKET ECOSYSTEM MAP 74
6.4.3 ECOSYSTEM MAP 74
TABLE 6 SPRAY DRYING EQUIPMENT MARKET: ECOSYSTEM 74
6.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 75
6.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN SPRAY DRYING EQUIPMENT MARKET 75
FIGURE 26 REVENUE SHIFT IMPACTING SPRAY DRYING EQUIPMENT MARKET 76
6.6 TECHNOLOGY ANALYSIS 76
6.6.1 ELECTROSTATIC SPRAY DRYING 76
6.6.2 AUTOMATION 77
6.7 PRICING ANALYSIS 78
6.7.1 SELLING PRICE CHARGED BY KEY PLAYERS IN TERMS OF PRODUCT TYPE 78
FIGURE 27 SELLING PRICE OF KEY PLAYERS FOR SPRAY DRYING EQUIPMENT PRODUCT TYPE 78
TABLE 7 SELLING PRICE OF KEY PLAYERS FOR PRODUCT TYPE 78
FIGURE 28 AVERAGE SELLING PRICE IN KEY REGIONS, BY PRODUCT TYPE, 2019–2021 (USD) 79
TABLE 8 ROTARY ATOMIZER: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD) 79
TABLE 9 NOZZLE ATOMIZER: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD) 79
TABLE 10 FLUIDIZED: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD) 79
TABLE 11 CENTRIFUGAL: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD) 80
TABLE 12 CLOSED LOOP: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD) 80
6.8 SPRAY DRYING EQUIPMENT MARKET: PATENT ANALYSIS 80
FIGURE 29 NUMBER OF PATENTS GRANTED FOR SPRAY DRYING EQUIPMENT MARKET, 2011–2021 80
FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS 81
FIGURE 31 TOP PATENT APPLICANTS FOR SPRAY DRYING EQUIPMENT MARKET, 2019–2022 81
FIGURE 32 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SPRAY DRYING EQUIPMENT MARKET, 2019–2022 81
6.8.1 LIST OF MAJOR PATENTS 82
TABLE 13 LIST OF FEW PATENTS IN SPRAY DRYING EQUIPMENT MARKET, 2019–2022 82
6.9 TRADE ANALYSIS: SPRAY DRYING EQUIPMENT MARKET 83
6.9.1 EXPORT SCENARIO: SPRAY DRYING EQUIPMENT 83
FIGURE 33 SPRAY DRYING EQUIPMENT EXPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 83
TABLE 14 EXPORT DATA OF SPRAY DRYING EQUIPMENT FOR KEY COUNTRIES, 2021 (USD THOUSAND) 84
6.9.2 IMPORT SCENARIO: SPRAY DRYING EQUIPMENT 84
FIGURE 34 SPRAY DRYING EQUIPMENT IMPORT, BY KEY COUNTRY, 2017–2021 (USD THOUSAND) 85
TABLE 15 IMPORT DATA OF SPRAY DRYING EQUIPMENT FOR KEY COUNTRIES, 2021 (VALUE) 85
6.10 KEY CONFERENCES AND EVENTS, 2022–2023 86
TABLE 16 KEY CONFERENCES AND EVENTS IN SPRAY DRYING EQUIPMENT MARKET 86
6.11 TARIFF AND REGULATORY LANDSCAPE 86
6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 86
TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 87
TABLE 20 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
6.11.2 REGULATORY FRAMEWORK 88
6.11.2.1 International organization for standardization 88
6.11.2.2 North America 88
6.11.2.2.1 USFDA 88
6.11.2.3 Europe 88
6.12 PORTER’S FIVE FORCES ANALYSIS 89
TABLE 21 SPRAY DRYING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 89
6.12.1 DEGREE OF COMPETITION 89
6.12.2 BARGAINING POWER OF SUPPLIERS 89
6.12.3 BARGAINING POWER OF BUYERS 90
6.12.4 THREAT FROM SUBSTITUTES 90
6.12.5 THREAT FROM NEW ENTRANTS 90
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 90
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 90
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS 91
TABLE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS 91
6.13.2 BUYING CRITERIA 91
FIGURE 36 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 92
TABLE 23 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS 92
6.14 CASE STUDIES: SPRAY DRYING EQUIPMENT MARKET 92
6.14.1 SHACHI ENGINEERING: COLOURTEX 92
6.14.2 SHACHI ENGINEERING: ZEST AROMA 93
7 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE 94
7.1 INTRODUCTION 95
FIGURE 37 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022 VS. 2027 (USD MILLION) 95
TABLE 24 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 95
TABLE 25 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 96
7.2 ROTARY ATOMIZER 96
7.2.1 ABILITY TO PRODUCE FINE AND SMALL GRANULES FROM COARSE DROPLETS DRIVES MARKET 96
TABLE 26 ROTARY ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 96
TABLE 27 ROTARY ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 97
7.3 NOZZLE ATOMIZER 97
7.3.1 FLEXIBILITY TO CHANGE NOZZLE SIZE AS PER REQUIREMENTS OF FINAL PRODUCTS ENCOURAGES PREFERENCE FOR NOZZLE ATOMIZER AMONG CUSTOMERS 97
TABLE 28 NOZZLE ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 98
TABLE 29 NOZZLE ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 98
7.4 FLUIDIZED 98
7.4.1 FLUIDIZED SPRAY DRYERS CONSIDERED TO BE SUITABLE FOR HEAT-SENSITIVE PRODUCTS 98
TABLE 30 FLUIDIZED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 99
TABLE 31 FLUIDIZED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 99
7.5 CENTRIFUGAL 99
7.5.1 CENTRIFUGAL SPRAY DRYERS USED TO REDUCE DRYING TIME OF FINAL POWDERED PRODUCTS 99
TABLE 32 CENTRIFUGAL SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 100
TABLE 33 CENTRIFUGAL SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 100
7.6 CLOSED LOOP 101
7.6.1 SAFE APPLICATION OF CLOSED LOOP SPRAY DRYERS IN MANUFACTURING OF FLAMMABLE AND TOXIC PRODUCTS TO DRIVE MARKET 101
TABLE 34 CLOSED LOOP SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 101
TABLE 35 CLOSED LOOP SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 101
8 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION 102
8.1 INTRODUCTION 103
TABLE 36 SOME PATENTS FOR SPRAY DRYING TECHNOLOGY IN VARIOUS SEGMENTS 103
FIGURE 38 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022 VS. 2027 (USD MILLION) 104
TABLE 37 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 104
TABLE 38 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 105
8.2 FOOD & BEVERAGES 105
8.2.1 INCREASE IN ENCAPSULATION TECHNIQUE FOR DEVELOPMENT OF FOOD FORMULATION TO DRIVE DEMAND IN FOOD INDUSTRY 105
TABLE 39 FOOD & BEVERAGES: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 106
TABLE 40 FOOD & BEVERAGES: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 106
8.3 PHARMACEUTICALS 106
8.3.1 ADOPTION OF NOVEL DRUG ENCAPSULATION TO DRIVE DEMAND FOR SPRAY DRYING 106
TABLE 41 PHARMACEUTICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 107
TABLE 42 PHARMACEUTICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 107
8.4 CHEMICALS 108
8.4.1 PRODUCTION OF DYES USED IN FABRICS AND METAL INDUSTRIES DRIVES DEMAND FOR SPRAY DRYING EQUIPMENT 108
TABLE 43 CHEMICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 108
TABLE 44 CHEMICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 109
8.5 ANIMAL FEED 109
8.5.1 SPRAY DRYING EQUIPMENT USED TO PRODUCE COARSE GRAIN FOR FEED PRODUCTS BY TAKING OUT MOISTURE FROM LIQUID FEEDS 109
TABLE 45 ANIMAL FEED: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 110
TABLE 46 ANIMAL FEED: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 110
8.6 FERTILIZERS 110
8.6.1 INCREASED SOLUBILITY OF FOLIAR FERTILIZER WITH HELP OF SPRAY DRYING DRIVES MARKET 110
TABLE 47 FERTILIZERS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 111
TABLE 48 FERTILIZERS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 111
8.7 PAPER INDUSTRY 111
8.7.1 APPLICATION OF SPRAY DRYERS FOR WASTEWATER FREE PAPER PRODUCTION DRIVES MARKET 111
TABLE 49 PAPER INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 111
TABLE 50 PAPER INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 112
8.8 CONSTRUCTION INDUSTRY 112
8.8.1 USE OF ROTARY ATOMIZER SPRAY DRYING EQUIPMENT IN CEMENT PRODUCTION TO DRIVE MARKET 112
TABLE 51 CONSTRUCTION INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 52 CONSTRUCTION INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 113
8.9 OTHER APPLICATIONS 113
TABLE 53 OTHER APPLICATIONS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 113
TABLE 54 OTHER APPLICATIONS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 114
9 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY 115
9.1 INTRODUCTION 116
FIGURE 39 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022 VS. 2027 (USD MILLION) 116
TABLE 55 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION) 116
TABLE 56 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION) 116
9.2 LOW CAPACITY (LESS THAN 100 KG/HR) 117
9.2.1 COST-EFFECTIVENESS OF LOW-CAPACITY SPRAY DRYERS FOR USE IN R&D LABORATORIES DRIVES MARKET 117
TABLE 57 LOW CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 117
TABLE 58 LOW CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 117
9.3 MEDIUM CAPACITY (100–1,000 KG/HR) 118
9.3.1 HIGH RETURN ON INVESTMENT IN LONG TERM ENCOURAGES SMALL-SCALE PROCESSED FOOD & BEVERAGES MANUFACTURERS TO USE MEDIUM CAPACITY SPRAY DRYERS 118
TABLE 59 MEDIUM CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 118
TABLE 60 MEDIUM CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 118
9.4 HIGH CAPACITY (MORE THAN 1,000 KG/HR) 119
9.4.1 HIGH INVESTMENT RETURN AND OUTPUT TO DRIVE GROWTH IN CONSTRUCTION INDUSTRY 119
TABLE 61 HIGH CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 119
TABLE 62 HIGH CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 119
10 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE 120
10.1 INTRODUCTION 121
FIGURE 40 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022 VS. 2027 (USD MILLION) 121
TABLE 63 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION) 121
TABLE 64 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION) 121
10.2 OPEN CYCLE 122
10.2.1 COST-EFFECTIVENESS FINDS APPLICATION IN MAJORITY OF NON-REACTIVE PRODUCTS 122
TABLE 65 OPEN CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 122
TABLE 66 OPEN CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 122
10.3 CLOSED CYCLE 123
10.3.1 PRECISE SPRAY DRYING OF HEAT-SENSITIVE AND REACTIVE SUBSTANCES DRIVES MARKET 123
TABLE 67 CLOSED CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 123
TABLE 68 CLOSED CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 124
11 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE 125
11.1 INTRODUCTION 126
FIGURE 41 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022 VS. 2027 (USD MILLION) 126
TABLE 69 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION) 126
TABLE 70 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION) 127
11.2 SINGLE-STAGE 127
11.2.1 MILK POWDERS AND PRODUCTS REQUIRING HIGH HEAT FOR DRYING INCREASE DEMAND 127
TABLE 71 SINGLE-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 127
TABLE 72 SINGLE-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 128
11.3 TWO-STAGE 128
11.3.1 TWO-STAGE SPRAY DRYERS USE FLUID BED TO RETAIN SOME MOISTURE IN FINAL DRIED PRODUCTS 128
TABLE 73 TWO-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 128
TABLE 74 TWO-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 129
11.4 MULTISTAGE 129
11.4.1 PRODUCTS DERIVED FROM OILS AND DISPERSION LIQUIDS REQUIRING MORE THAN ONE STAGE TO OBTAIN DESIRED DRYNESS ENCOURAGE DEMAND 129
TABLE 75 MULTISTAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 130
TABLE 76 MULTISTAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 130
12 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE 131
12.1 INTRODUCTION 132
FIGURE 42 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022 VS. 2027 (USD MILLION) 132
TABLE 77 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION) 132
TABLE 78 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022–2027 (USD MILLION) 133
12.2 CO-CURRENT 133
12.2.1 ABILITY TO REDUCE THERMAL DEGRADATION OF FINAL PRODUCT INCREASES DEMAND FOR CO-CURRENT SPRAY DRYERS 133
TABLE 79 CO-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 134
TABLE 80 CO-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 134
12.3 COUNTER-CURRENT 134
12.3.1 PRODUCTION OF DETERGENTS AND CERAMICS FOR IMPROVED HEAT UTILIZATION TO SAVE ENERGY COSTS 134
TABLE 81 COUNTER-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 135
TABLE 82 COUNTER-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 135
12.4 MIXED 135
12.4.1 MIXED FLOW SPRAY DRYERS USE BOTH COUNTER-CURRENT AND CO-CURRENT MECHANISMS TO OBTAIN MAXIMUM DRYING OF FINAL PRODUCT 135
TABLE 83 MIXED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 136
TABLE 84 MIXED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 136
13 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE 137
13.1 INTRODUCTION 138
FIGURE 43 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022 VS. 2027 (USD MILLION) 138
TABLE 85 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2017–2021 (USD MILLION) 138
TABLE 86 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022–2027 (USD MILLION) 139
13.2 DIRECT HEATING 139
13.2.1 HIGH EFFICIENCY OF DIRECT HEATING MAKES IT PREFERABLE FOR NON-SENSITIVE BY-PRODUCTS 139
TABLE 87 DIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 139
TABLE 88 DIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 139
13.3 INDIRECT HEATING 140
13.3.1 REDUCTION OF CONTAMINANTS IN FOOD, FEED, AND PHARMACEUTICAL PRODUCTS THROUGH APPLICATION OF INDIRECT HEATING DRIVES MARKET 140
TABLE 89 INDIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 140
TABLE 90 INDIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 140
14 SPRAY DRYING EQUIPMENT MARKET, BY REGION 141
14.1 INTRODUCTION 142
FIGURE 44 SPRAY DRYING EQUIPMENT MARKET SHARE (VALUE), BY KEY COUNTRY, 2022 142
TABLE 91 SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION) 143
TABLE 92 SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 143
14.2 NORTH AMERICA 143
FIGURE 45 NORTH AMERICA SPRAY DRYING EQUIPMENT MARKET: SNAPSHOT 144
TABLE 93 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 144
TABLE 94 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 145
TABLE 95 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 145
TABLE 96 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 145
TABLE 97 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION) 145
TABLE 98 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION) 146
TABLE 99 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION) 146
TABLE 100 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION) 146
TABLE 101 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2017–2021 (USD MILLION) 146
TABLE 102 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022–2027 (USD MILLION) 147
TABLE 103 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION) 147
TABLE 104 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022–2027 (USD MILLION) 147
TABLE 105 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION) 147
TABLE 106 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION) 148
TABLE 107 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 148
TABLE 108 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 148
14.2.1 US 149
14.2.1.1 Increase in use of spray drying technology in food & beverages industry to drive market 149
TABLE 109 US: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 149
TABLE 110 US: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 149
14.2.2 CANADA 150
14.2.2.1 Use of spray drying equipment in drug and pharmaceutical industry in Canada for production of powdered drugs and medicines 150
TABLE 111 CANADA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 150
TABLE 112 CANADA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 151
14.2.3 MEXICO 151
14.2.3.1 Production of milk concentrates to drive growth of spray drying equipment market in Mexico 151
TABLE 113 MEXICO: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 151
TABLE 114 MEXICO: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 152
14.3 EUROPE 152
TABLE 115 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 152
TABLE 116 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 153
TABLE 117 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 154
TABLE 118 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 154
TABLE 119 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION) 154
TABLE 120 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION) 154
TABLE 121 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION) 155
TABLE 122 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION) 155
TABLE 123 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2017–2021 (USD MILLION) 155
TABLE 124 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022–2027 (USD MILLION) 155
TABLE 125 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION) 156
TABLE 126 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022–2027 (USD MILLION) 156
TABLE 127 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION) 156
TABLE 128 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION) 156
TABLE 129 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 157
TABLE 130 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 157
14.3.1 GERMANY 157
14.3.1.1 Innovation to reduce energy and production costs of powdered products in spray drying technologies to drive market 157
TABLE 131 GERMANY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 158
TABLE 132 GERMANY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 158
14.3.2 FRANCE 159
14.3.2.1 High demand for cosmetics powders across regions to drive growth 159
TABLE 133 FRANCE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 159
TABLE 134 FRANCE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 160
14.3.3 UK 160
14.3.3.1 Production of coffee mixes to cater to requirements of customers to drive demand for spray drying equipment in market 160
TABLE 135 UK: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,2017–2021 (USD MILLION) 161
TABLE 136 UK: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 161
14.3.4 ITALY 161
14.3.4.1 Use of spray drying equipment for production of customized set of APIs in pharmaceutical sector offers growth potential for manufacturers 161
TABLE 137 ITALY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 162
TABLE 138 ITALY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 162
14.3.5 SPAIN 162
14.3.5.1 Increased investments in establishment of spray dryer plants across ceramic and pharmaceutical industry to drive growth 162
TABLE 139 SPAIN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 163
TABLE 140 SPAIN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 163
14.3.6 REST OF EUROPE 163
TABLE 141 REST OF EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 164
TABLE 142 REST OF EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 164
14.4 ASIA PACIFIC 164
FIGURE 46 ASIA PACIFIC SPRAY DRYING EQUIPMENT MARKET: SNAPSHOT 165
TABLE 143 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 165
TABLE 144 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 166
TABLE 145 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 166
TABLE 146 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 166
TABLE 147 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION) 167
TABLE 148 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION) 167
TABLE 149 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION) 167
TABLE 150 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION) 167
TABLE 151 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2017–2021 (USD MILLION) 168
TABLE 152 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022–2027 (USD MILLION) 168
TABLE 153 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION) 168
TABLE 154 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022–2027 (USD MILLION) 168
TABLE 155 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION) 169
TABLE 156 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION) 169
TABLE 157 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 169
TABLE 158 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 170
14.4.1 CHINA 170
14.4.1.1 High demand for baby foods among domestic consumers to drive market growth in China 170
TABLE 159 CHINA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 171
TABLE 160 CHINA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 171
14.4.2 JAPAN 171
14.4.2.1 Expansion of Japanese dairy industry to drive market growth 171
TABLE 161 JAPAN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 172
TABLE 162 JAPAN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 172
14.4.3 INDIA 172
14.4.3.1 Increased consumption of processed and RTE foods placed India among emerging regions 172
TABLE 163 INDIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 173
TABLE 164 INDIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 173
14.4.4 SOUTH KOREA 174
14.4.4.1 Development of spray drying labs in industrial and chemical sectors to drive demand for spray drying equipment 174
TABLE 165 SOUTH KOREA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 174
TABLE 166 SOUTH KOREA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 174
14.4.5 AUSTRALIA 175
14.4.5.1 Spray drying equipment witnesses high demand in resins and polymers industries 175
TABLE 167 AUSTRALIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 175
TABLE 168 AUSTRALIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 175
14.4.6 REST OF ASIA PACIFIC 176
TABLE 169 REST OF ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 176
TABLE 170 REST OF ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 176
14.5 REST OF THE WORLD 177
TABLE 171 ROW: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2017–2021 (USD MILLION) 177
TABLE 172 ROW: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 177
TABLE 173 ROW: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 178
TABLE 174 ROW: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 178
TABLE 175 ROW: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION) 178
TABLE 176 ROW: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION) 178
TABLE 177 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION) 179
TABLE 178 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION) 179
TABLE 179 ROW: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2017–2021 (USD MILLION) 179
TABLE 180 ROW: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE, 2022–2027 (USD MILLION) 179
TABLE 181 ROW: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION) 180
TABLE 182 ROW: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2022–2027 (USD MILLION) 180
TABLE 183 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION) 180
TABLE 184 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION) 180
TABLE 185 ROW: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION) 181
TABLE 186 ROW: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 181
14.5.1 SOUTH AMERICA 181
14.5.1.1 Increase in consumption of dairy products to offer growth potential for spray drying equipment manufacturers in this sector 181
TABLE 187 SOUTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 182
TABLE 188 SOUTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 182
14.5.2 MIDDLE EAST 183
14.5.2.1 Increase in consumption of convenience food and processed food products to drive market 183
TABLE 189 MIDDLE EAST: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 183
TABLE 190 MIDDLE EAST: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 183
14.5.3 AFRICA 184
14.5.3.1 Use of spray drying equipment to produce agrochemicals drives growth in food industry 184
TABLE 191 AFRICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION) 184
TABLE 192 AFRICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION) 184
15 COMPETITIVE LANDSCAPE 185
15.1 OVERVIEW 185
15.2 MARKET SHARE ANALYSIS 185
TABLE 193 SPRAY DRYING EQUIPMENT MARKET SHARE (CONSOLIDATED) 186
15.3 KEY PLAYER STRATEGIES 186
15.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 187
FIGURE 47 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2019–2021 (USD MILLION) 187
15.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 187
15.5.1 STARS 188
15.5.2 PERVASIVE PLAYERS 188
15.5.3 EMERGING LEADERS 188
15.5.4 PARTICIPANTS 188
FIGURE 48 SPRAY DRYING EQUIPMENT MARKET, COMPANY EVALUATION QUADRANT, 2022 (OVERALL MARKET) 189
15.5.5 PRODUCT FOOTPRINT 190
TABLE 194 COMPANY BY PRODUCT SOURCE FOOTPRINT 190
TABLE 195 COMPANY PRODUCT TYPE FOOTPRINT 191
TABLE 196 COMPANY REGIONAL FOOTPRINT 192
TABLE 197 OVERALL COMPANY FOOTPRINT 193
15.6 SPRAY DRYING EQUIPMENT MARKET, STARTUP/SME EVALUATION QUADRANT 194
15.6.1 PROGRESSIVE COMPANIES 194
15.6.2 STARTING BLOCKS 194
15.6.3 RESPONSIVE COMPANIES 194
15.6.4 DYNAMIC COMPANIES 194
FIGURE 49 SPRAY DRYING EQUIPMENT MARKET, COMPANY EVALUATION QUADRANT, 2022 (STARTUP/SME) 195
15.6.5 COMPETITIVE BENCHMARKING 195
TABLE 198 SPRAY DRYING EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUP/SME 195
TABLE 199 SPRAY DRYING EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SME 196
15.7 COMPETITIVE SCENARIO 197
15.7.1 PRODUCT LAUNCHES 197
TABLE 200 SPRAY DRYING EQUIPMENT MARKET: PRODUCT LAUNCHES, JULY 2019–JUNE 2022 197
15.7.2 DEALS 197
TABLE 201 SPRAY DRYING EQUIPMENT MARKET: DEALS, FEBRUARY 2019–AUGUST 2022 197
TABLE 202 SPRAY DRYING EQUIPMENT MARKET: OTHERS, DECEMBER 2018–JANUARY 2022 199
16 COMPANY PROFILES 200
16.1 GEA GROUP 200
(Business overview, Products offered, Recent developments, Deals, MNM view, Key strengths, Strategic undertaken, and Weaknesses and competitive threats)*
TABLE 203 GEA GROUP: BUSINESS OVERVIEW 200
FIGURE 50 GEA GROUP: COMPANY SNAPSHOT 201
TABLE 204 GEA GROUP: DEALS 203
TABLE 205 GEA GROUP: OTHERS 203
16.2 SPX FLOW 205
TABLE 206 SPX FLOW: BUSINESS OVERVIEW 205
FIGURE 51 SPX FLOW: COMPANY SNAPSHOT 206
TABLE 207 SPX FLOW: DEALS 207
16.3 SHANDONG TIANLI DRYING TECHNOLOGY AND EQUIPMENT 209
TABLE 208 SHANDONG TIANLI DRYING TECHNOLOGY AND EQUIPMENT: BUSINESS OVERVIEW 209
16.4 BÜCHI LABORTECHNIK 211
TABLE 209 BÜCHI LABORTECHNIK: BUSINESS OVERVIEW 211
TABLE 210 BÜCHI LABORTECHNIK: PRODUCT LAUNCHES 212
TABLE 211 BÜCHI LABORTECHNIK: OTHERS 212
16.5 EUROPEAN SPRAYDRY TECHNOLOGIES 213
TABLE 212 EUROPEAN SPRAYDRY TECHNOLOGIES: BUSINESS OVERVIEW 213
16.6 TETRA PAK INTERNATIONAL S.A. 215
TABLE 213 TETRA PAK INTERNATIONAL S.A.: BUSINESS OVERVIEW 215
TABLE 214 TETRA PAK INTERNATIONAL S.A.: DEALS 216
16.7 DEDERT CORPORATION 217
TABLE 215 DEDERT CORPORATION: BUSINESS OVERVIEW 217
TABLE 216 DEDERT CORPORATION: DEALS 218
16.8 CHANGZHOU LEMAR DRYING ENGINEERING 219
TABLE 217 CHANGZHOU LEMAR DRYING ENGINEERING: BUSINESS OVERVIEW 219
16.9 ACMEFIL ENGINEERING SYSTEMS PVT. LTD 221
TABLE 218 ACMEFIL ENGINEERING SYSTEMS PVT. LTD.: BUSINESS OVERVIEW 221
16.10 NEW AVM SYSTECH 223
TABLE 219 NEW AVM SYSTECH: BUSINESS OVERVIEW 223
16.11 ADVANCED DRYING SYSTEMS 224
TABLE 220 ADVANCED DRYING SYSTEMS: BUSINESS OVERVIEW 224
16.12 LABPLANT 226
TABLE 221 LABPLANT: BUSINESS OVERVIEW 226
16.13 SWENSON TECHNOLOGY, INC. 227
TABLE 222 SWENSON TECHNOLOGY, INC.: BUSINESS OVERVIEW 227
16.14 YAMATO SCIENTIFIC AMERICA 228
TABLE 223 YAMATO SCIENTIFIC AMERICA: BUSINESS OVERVIEW 228
TABLE 224 YAMATO SCIENTIFIC AMERICA: OTHERS 229
16.15 G LARSSON STARCH TECHNOLOGY AB 230
TABLE 225 G LARSSON STARCH TECHNOLOGY AB: BUSINESS OVERVIEW 230
TABLE 226 G LARSSON STARCH TECHNOLOGY AB: DEALS 231
16.16 HEMRAJ ENGINEERING (INDIA) LLP 232
TABLE 227 HEMRAJ ENGINEERING (INDIA) LLP: BUSINESS OVERVIEW 232
TABLE 228 HEMRAJ ENGINEERING (INDIA) LLP: DEALS 233
16.17 SAKA ENGINEERING SYSTEMS PRIVATE LIMITED 234
TABLE 229 SAKA ENGINEERING SYSTEMS PVT. LTD.: BUSINESS OVERVIEW 234
16.18 FREUND VECTOR CORPORATION 237
TABLE 230 FREUND VECTOR CORPORATION: BUSINESS OVERVIEW 237
16.19 SANOVO TECHNOLOGY GROUP 239
TABLE 231 SANOVO TECHNOLOGY GROUP: BUSINESS OVERVIEW 239
16.20 SICCADANIA GROUP 240
TABLE 232 SICCADANIA GROUP: BUSINESS OVERVIEW 240
TABLE 233 SICCADANIA GROUP: DEALS 241
16.21 RAJ PROCESS EQUIPMENT AND SYSTEMS PRIVATE LTD. 242
16.22 SHACHI ENGINEERING 242
16.23 SPRAY TECH SYSTEMS 243
16.24 SHREE SAI EQUIPMENT & SERVICES 243
16.25 SHANGHAI PILOTECH INSTRUMENT & EQUIPMENT CO. LTD. 244
*Details on Business overview, Products offered, Recent developments, Deals, MNM view, Key strengths, Strategic undertaken, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
17 ADJACENT MARKETS 245
17.1 INTRODUCTION 245
17.2 LIMITATIONS 245
17.3 DAIRY PROCESSING EQUIPMENT MARKET 245
17.3.1 MARKET DEFINITION 245
17.3.2 MARKET OVERVIEW 246
17.3.3 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE 246
TABLE 234 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2020 (USD MILLION) 247
TABLE 235 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION) 247
17.3.4 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION 247
TABLE 236 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION, 2016–2020 (USD MILLION) 248
TABLE 237 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION) 248
17.4 BEVERAGE PROCESSING EQUIPMENT MARKET 249
17.4.1 MARKET DEFINITION 249
17.4.2 MARKET OVERVIEW 249
17.4.3 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE 249
TABLE 238 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE, 2017–2025 (USD MILLION) 250
17.4.4 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 250
TABLE 239 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2017–2025 (USD MILLION) 250
18 APPENDIX 251
18.1 DISCUSSION GUIDE 251
18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 255
18.3 CUSTOMIZATION OPTIONS 257
18.4 RELATED REPORTS 257
18.5 AUTHOR DETAILS 258