Spray Drying Equipment Market Size Worth $7.19 Billion by 2025: Grand View Research, Inc.

Spray Drying Equipment Market Size Worth $7.19 Billion by 2025: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, April 3, 2019

SAN FRANCISCO, April 3, 2019 /PRNewswire/ --  The global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 expanding at a CAGR of 6.8%, according to a new study by Grand View Research, Inc. Spray drying method transforms a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is the most preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Thus, demand from the dairy processing industry for producing milk powder and stabilizing the milk constituents and from the pharmaceutical industry for producing antibiotics is anticipated to drive the market.

Grand View Research

Key suggestions from the report:

Read 101 page research report with TOC on "Spray Drying Equipment Market Size, Share & Trends Analysis Report By Product, By Stage (Single-, Two-, Multi-stage), By Cycle (Open, Closed), By Flow, By Application (Food & Dairy, Chemicals), And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market

The demand for nutrition products including whey protein, mass gainer, egg white protein, casein protein has increased due to rising awareness about leading a healthy lifestyle. This, in turn, has also augmented the demand for dryers from the nutraceutical industry. Moreover, growing need to increase the shelf-life of processed food and pharma products will open new growth opportunities in the food processing and pharmaceutical industries. Increasing demand for resins and polymers in line with the growing usage of synthetics has triggered the demand for drying Suspension Polyvinyl Chloride (S-PVC), Emulsion (E)-PVC, and other chemicals required for producing building pipes, cable insulations, and hard and soft foils.

In addition, rising usage of spray dryers for industrial purposes is expected to drive the market growth from 2019 to 2025. Additionally, increasing need for application-specific dryers is also creating opportunities for the product manufacturers. For instance, the risk of explosion and emission of hazardous gases while drying chemical and pharmaceutical products has led to the development of closed loop dryers. Similarly, the need to process and produce powder particles in bulk quantities is leading to significant adoption of three-stage equipment. However, high installation and maintenance costs and the inability of spray dryers to process highly-viscous materials, such as starch and fruit pulp, may hinder the market growth.

Grand View Research has segmented the global spray drying equipment market on the basis of product, stage, cycle, flow, application, and region:

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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