According to a new Fact.MR report, global sales of rotary dryers were close to 390 units in 2018, and are estimated to log a 3% Y-o-Y growth in 2019. A plethora of aspects influence the rotary dryers industry, ranging from efforts of players to develop products with greater thermal efficiency through recycling of exhaust gases, to growing demand from process industries where reliability and lower sensitiveness to fluctuations in product size are key imperatives.
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The report opines that continuous rotary dryers will remain preferred among end users, with sales in 2018 estimated at approximately 270 units. Elimination of consecutive drying requirements per material load, involved in batch drying processes, and relevant operational cost, have advocated the adoption of continuous rotary dryers among industries. Additionally, advances in continuous rotary dryers such as integration of multiple functions, which range from granulation and coating, to cleaning and classifying, have been favoring the popularity and sales of continuous rotary dryers in recent years.
According to the report, although the drying technologies have been an essential requirement in the manufacturing processes, the industry is closing in on its maturity in terms of application. However, the proliferation of the medical marijuana industry has been paving opportunities for the manufacturers of industrial dryers, which in turn has rubbed off on the development and adoption of rotary dryers to a significant extent. As the demand for industrial hemp drying equipment continues to surge, the rotary dryers industry will continue to witness a sustained growth.
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APAC Leads the Way in Rotary Dryers Landscape
The study finds that APAC continues to spearhead the rotary dryers industry in terms of unit sales, accounting for over 30% sales. Significant growth in the food & beverage industry, backed by rising demand for packaged & processed food in the developing nations, have underpinned the demand for rotary dryers in the region. The regional players are currently focusing on enhancing key attributes of the rotary dryers such as improved flow conditions, and better mixing of materials, in a bid to ensure greater drying speed.
This Fact.MR study offers a long-term outlook of the rotary dryers market for the period, 2019 to 2027. The rotary dryers market is projected to record a volume CAGR of nearly 3.5% through 2027.
Chapter 1 – Executive Summary
The report begins with a summary of key findings, key statistics, demand side trends, and supply side trends in the rotary dryers market. It also offers a concise opportunity assessment of the rotary dryers market along with the viewpoint of our analysts regarding future transformations in the industry landscape.
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Chapter 2 – Rotary Dryers Market Overview
An accurate definition of the targeted research product – rotary dryers – has been rendered, along with a succinct introduction to the rotary dryers market. The research scope of this report on the rotary dryers market is implied, followed by the global historical and forecast values of the rotary dryers market.
Chapter 3 – Associated Industry and Key Indicators Assessment
In its succeeding chapter, the report offers a brief assessment of the industrial dryer landscape, along with a comprehensive volume and value forecast for the period 2019 to 2027. Analysis of the product life stage in the industrial dryer landscape, including the fluidized bed dryer, spray dryers, vacuum dryer, flash dryer and rotary dryer has also been include in this chapter.
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