Industrial Dryers Market to Witness Healthy Growth; Fluidized Bed Dryer Segment to Register Fastest Growth through 2026, MarketsandMarkets™ Report
Verfasser: ashwani_kailiya on Wednesday, 2 February 2022The global industrial dryers market was valued at USD 4.00 billion in 2015 and is projected to reach USD 6.37 billion by 2026, at a CAGR of 4.3% from 2016 to 2026. This growth can be attributed to the increasing demand for industrial dryers from the end-use industries such as food, pharmaceutical, chemicals, fertilizer, cement, minerals, and paper & pulp. ThyssenKrupp AG (Germany), Andritz AG (Austria), GEA Group (Germany), Metso Corporation (Finland), FLSmidth & Co. A/S (Denmark), Buhler Holding AG (Switzerland), ANIVI Ingeniería SA (Spain), Carrier Vibrating Equipment, Inc. (U.S.), COMESSA (France), and Mitchell Dryers Ltd. (U.K.) are some of the leading players in this market.
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The fluidized bed dryers segment is projected to be the fastest-growing segment in the industrial dryers market, by type, from 2016 to 2026. This growth can be mainly attributed to the growth in demand for fluidized bed dryers from different application industries such as food and pharmaceuticals. Fluidized bed dryers are cost as well as energy efficient.