“Spray Drying Equipment Market” Market Analysis and Insights: Global Spray Drying Equipment Market
Due to the COVID-19 pandemic, the global Spray Drying Equipment market size is estimated to be worth USD 4157 million in 2023 and is forecast to a readjusted size of USD 5229.7 million by 2028 with a CAGR of 3.9% during the review period. Fully considering the economic change by this health crisis, Single Stage accounting for % of the Spray Drying Equipment global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food segment is altered to an % CAGR throughout this forecast period.
China Spray Drying Equipment market size is valued at USD million in 2021, while the US and Europe Spray Drying Equipment are USD million and USD million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Spray Drying Equipment landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Spray Drying Equipment include GEA Group AG, SPX Flow Technology Denmark A/S, Dedert Corporation, Buchi Labortechnik AG, European Spraydry Technologies Llp, Changzhou Lemar Drying Engineering Co. Ltd., Shandong Shungeng Drying Equipment Co. Ltd., Acmefil Engineering Systems Pvt. Ltd. and New AVM Systech Pvt. Ltd. and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Spray Drying Equipment capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Spray Drying Equipment by region (region level and country level), by company, by Type and by Application. from 2017 to 2023 and forecast to 2028.
Global Spray Drying Equipment Scope and Segment
Spray Drying Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Spray Drying Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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The Major Players in the Industrial Spray Drying Equipment Market include:
- GEA Group AG
- SPX Flow Technology Denmark A/S
- Dedert Corporation
- Buchi Labortechnik AG
- European Spraydry Technologies Llp
- Changzhou Lemar Drying Engineering Co. Ltd.
- Shandong Shungeng Drying Equipment Co. Ltd.
- Acmefil Engineering Systems Pvt. Ltd.
- New AVM Systech Pvt. Ltd.
- C.E. Rogers Company
By Product Types:
- Single Stage
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