Over the years, flash dryers have extended their value as a low-cost medium to dry granular materials & powders. This factor has motivated flash dryers demand at the global level, with prominent manufacturers bringing in advance systems which can endure higher temperatures. The mineral and chemical industry has become one of the prime hubs for flash dryers, since they offer process efficiency to satisfactory levels. In order to understand the market scenario for flash dryers, a new research study has been published by Fact.MR which delivers vital insights. The report is titled “Flash Dryers Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028”, which analyzes the changing dynamics of the concerned flash dryers market, at present and in the near future.
As per research specifics, the flash dryers market is likely to register 3.4% CAGR during the period until 2028. This growth can be credited to the quicker sales of medium-sized flash dryers, especially for small- and medium-sized industries. The report is quite resourceful since it tends to provide data associated to the sales of flash dryers in terms of volume (Units) and value (US$ Mn).
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Demand for Customized Flash Dryers Witness Heavy Upsurge
It has been analyzed that customized flash dryers which are equipped with varying configurations are experiencing a high demand, owing to transforming requirements of industrial processes as well as escalation in the food processing industries. In addition, demand for flash dryers loaded with customized configurations like double paddle mixer aimed for backward mixing, and feed bin combined with lump breaker is expected to push the global market for customized flash dryers.
Asia Pacific Market Promises Revenue Dominance
Focusing on the geographical expanse of the global flash dryers market, Asia-Pacific (APAC) region continues to retain the leading shares. This supremacy can be credited to the mounting occupancy of food industries, especially across India and China. As per the Food and Agriculture Organization (FAO), China is tagged as the largest manufacturer of tea in APAC, followed by India. Interestingly, tea processing industries are known to deliver a positive impact on the demand for flash dryers, which makes the market for these equipment in the mentioned countries quite prominent. Moreover, growing attention on high-quality processed food, together with continuous rise in overall regional food production is projected to support growth of the flash dryers market across the APAC region.
In the later section of the report, readers can gain information related to the end-use industries of flash dryers. The prime end-use sectors mentioned in the study are food, chemical, fertilizer, pharmaceutical, construction material and others. This segmentation is analyzed in terms of value, volume, forecast, market attractiveness and Y-o-Y growth comparison.
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Finally, the report targeted at flash dryers market offers comprehensive information related to the overall competition landscape. A number of emerging players from the global market are profiled in terms of product portfolio, marketing strategies, mergers & acquisitions, revenue shares, as well as company overview. Furthermore, key strengths, opportunities, weaknesses and threats to the mentioned players are also enclosed in this section. The major companies include names like ThyssenKrupp AG, ANDRITZ AG, GEA Group Aktiengesellschaft and FLSmidth Group.
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