1h Free Analyst Time
The Centrifugal Dryer Market size was estimated at USD 1.76 billion in 2023, USD 1.86 billion in 2024, and is expected to grow at a CAGR of 5.91% to reach USD 2.64 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Centrifugal dryers are a type of industrial drying machinery utilized to remove moisture through the application of high-speed spinning and the resultant centrifugal force generated. These dryers serve a crucial role in various industries, including chemical processing, pharmaceuticals, food production, and mineral processing. They are highly sought after due to their efficiency in drying particulates and objects sensitive to high temperatures. The market includes various products, from small-scale laboratory equipment to large industrial machines designed for continuous operation.
The scope of this market provides research and development of new technologies, manufacturing and distribution of centrifugal dryers, after-sales services, and the provision of spare parts. Rising need for energy-efficient drying technologies and growth in manufacturing and processed industries are driving the market growth. In addition, the increasing use of centrifugal dryers in the food & beverage industries is also fueling market expansion. High initial investment and maintenance costs for high-quality centrifugal dryers and the need for skilled operators and maintenance personnel for complex machines are restricting market growth. The incorporation of IoT and AI for smart monitoring and control systems in the centrifugal dryer and the rapid adoption of customized centrifugal dryers are expected to propel market development in the coming years.
Regional Insights
There is a strong market for centrifugal dryers in the Americas, particularly in the United States and Canada, due to a significant industrial sector that spans pharmaceuticals, food processing, and chemical industries. With a heightened focus on innovation and energy efficiency, the market is witnessing a demand for high-performance centrifugal dryers. Moreover, stringent environmental conservation and safety regulatory standards influence the adoption of advanced drying technology that complies with these regulations. The Asia-Pacific region, led by countries like China, India, Japan, and South Korea, is experiencing rapid industrial growth. This expansion is contributing to increasing demand for centrifugal dryers in the market.Local manufacturers invest in research and development to produce cost-effective, energy-efficient models for various industrial applications. Additionally, the region's shift towards automation and smart technologies encourages incorporating advanced features into centrifugal dryer systems. The EMEA region exhibits a diverse and fragmented market for centrifugal dryers, with Europe leading in technological adoption and innovation. High-quality standards and numerous well-established industrial equipment manufacturers characterize the European market. The market is gradually evolving in the Middle East and Africa with investments in infrastructure development and industrialization, particularly in the Gulf Cooperation Council (GCC) countries. Energy efficiency and sustainable processes are becoming pivotal factors in the market dynamics of EMEA.
Market Trends by Segment
- Operating Principle: Benefits of indirect centrifugal dryers for heat-sensitive applications, including pharmaceuticals and food industries
- Application: Significant applications of centrifugal dryers with durability and resistance to corrosive materials in chemical and metal finishing industries
Industry Insights
- Market Dynamics
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
- FPNV Positioning Matrix
- Market Share Analysis
- Strategy Analysis and Recommendations
Recent Developments
ANDRITZ presents smart dewatering and drying solutions for chemicals production at ACHEMA 2022
ANDRITZ showcases its diverse portfolio, featuring both established and novel solutions tailored for the chemical and pharmaceutical sectors. The company unveils the innovative ANDRITZ screen scroll centrifuge HX, tailored for seamless dewatering and optimized to handle challenging feed conditions, an ideal fit for bulk chemical and agrochemical applications. Its modular scroll design and express cartridge, complimented by the Gentle Feeder system, enhance both operational uptime and product excellence.Centrisys Acquires Full Ownership of the Business
Centrisys Corporation, a dewatering and thickening centrifuge technology company, has regained full ownership of the company, a move that signifies a strategic investment in the enterprise's robust growth and sustainability. The company, which is also a service provider for global centrifuge maintenance and supplies parts across all major decanter centrifuge brands, upholds its proprietorship over CNP Technology Water and Biosolids for leading-edge phosphorus recovery processes, alongside its exclusive distributorship of PONDUS THP in the United States.Key Company Profiles
The report delves into recent significant developments in the Centrifugal Dryer Market, highlighting leading vendors and their innovative profiles. These include Andritz AG, Avatec GmbH, BEC (Midlands) Ltd., Brüel Systems A/S, Centrisys Corporation, CMP Pvt. Ltd., Firex s.r.l., GEA Group Aktiengesellschaft, Genox Recycling Tech Co., Ltd., Gostol TST d.d., Greco Brothers Inc., Heinkel Drying and Separation Group, Inovatec Machinery, Jas Enterprises, JBT Corporation, Jiangsu Saideli Pharmaceutical Machinery Manufacturing Co., Ltd., Kinefac Corporation, Maag Germany GmbH, Metal Craft Technologies Co., NICETY Machinery Equipment Co., Ltd., Raj Works & Industries, SEMI STAAL A/S, Sino-Alloy Machinery Inc, Sonic Air Systems, Inc., Sukup Manufacturing Co., Wave Power Equipment, and ZIRBUS technology GmbH.This research report offers invaluable insights into various crucial aspects of the Centrifugal Dryer Market:
- Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
- Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
- Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
- Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
- Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current market size and projected growth?
- Which products, segments, applications, and regions offer promising investment opportunities?
- What are the prevailing technology trends and regulatory frameworks?
- What is the market share and positioning of the leading vendors?
- What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. Centrifugal Dryer Market, by Operating Principle
7. Centrifugal Dryer Market, by Application
8. Americas Centrifugal Dryer Market
9. Asia-Pacific Centrifugal Dryer Market
10. Europe, Middle East & Africa Centrifugal Dryer Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned
- Andritz AG
- Avatec GmbH
- BEC (Midlands) Ltd.
- Brüel Systems A/S
- Centrisys Corporation
- CMP Pvt. Ltd.
- Firex s.r.l.
- GEA Group Aktiengesellschaft
- Genox Recycling Tech Co., Ltd.
- Gostol TST d.d.
- Greco Brothers Inc.
- Heinkel Drying and Separation Group
- Inovatec Machinery
- Jas Enterprises
- JBT Corporation
- Jiangsu Saideli Pharmaceutical Machinery Manufacturing Co., Ltd.
- Kinefac Corporation
- Maag Germany GmbH
- Metal Craft Technologies Co.
- NICETY Machinery Equipment Co., Ltd.
- Raj Works & Industries
- SEMI STAAL A/S
- Sino-Alloy Machinery Inc
- Sonic Air Systems, Inc.
- Sukup Manufacturing Co.
- Wave Power Equipment
- ZIRBUS technology GmbH
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 187 |
| Published | May 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1.86 Billion |
| Forecasted Market Value ( USD | $ 2.64 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 27 |
