Demand for Flash Dryers to Grow Owing to its Indispensability in the Process Industry
Flash dryers have witnessed considerable demand in the process industries such as minerals and chemical, owing to their application in the drying process. Emphasis on process efficiency and product quality has a significant impact on development of flash dryers in terms of efficacy and performance. Flash dryers have witnessed continuous advancements in recent years, with prominent manufacturers focusing on the development of process requirement-specific flash dryers. Availability of a variety of flash dryers, ranging from small-sized to large-sized variants have further resulted in a dramatic increase in demand from the process industries, that continuously seek flash dryers with improved performance and efficiency.
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End-User Demand Shifting Towards Customized Flash Dryers
Customized flash dryers that offer variations in configurations and feeding systems are witnessing an upsurge in demand, owing to changing requirements of industrial processes and growing number of food processing industries. Agitated swirl spin flash dryers, wherein material is fed to dryer housing through suitable feed mechanism mounted on the rotating swirl agitator is one of the key customized flash dryers’ developments. Demand for flash dryers with customized configurations such as double paddle mixer for backward mixing of dry products, and feed bin integrated with lump breaker is likely to propel demand for customized flash dryers.
Environmental Regulations and High Operational Cost: The Achilles’ heel for Flash Dryer Manufacturers
Energy-intensive process of drying, which accounts for nearly two-fifth of energy consumed relative to other operations of process industries, has been directly affecting growth of the flash dryers market. Indirect operation of flash dryers, which need hot air/gas for drying process, result in dependency on burning fossil fuels. This further leads to additional operational costs and increases the environmental footprint of flash dryers, which in turn is a major challenge arresting growth of the flash dryers market. Additionally, stringent regulations imposed by Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) on process industries have further restricted use of drying equipment, thereby impeding growth of the flash dryers market. Availability of cost-effective and energy-efficient alternatives that include fluidized bed dryers and spray dryers have led small industries to shift their focus from flash dryers, which will remain a key growth impediment for the flash dryers market in the near future.
Medium-Sized Flash Dryers Category Growing Faster than Small- and Large- Variants
Medium-sized flash dryers will continue to outsell small- and large-sized flash dryers during the forecast period. Revenues from medium-sized flash dryers are expected to account for over two-fifth share of the flash dryers market by 2028-end. Advent and advancements in continuous flash dryers has brought significant transformations in the industrial automation sector. This is fundamentally underpinned by growing investment in flash dryer development to cater to demand in food and chemical industries. Managing process time in end-use industries is a key factor that has propelled demand for medium-sized continuous flash dryers in recent years. Proliferation of SMEs apropos of drying plants in emerging markets will continue to favor demand for medium-sized flash dryers in the near future.
Market Consolidation and Expansion: A Long-term Strategy for Manufacturers
Consolidation has witnessed a rising trend in the flash dryers market, which can be primarily attributed to the efforts taken by manufacturers of flash dryers for meeting rising demand. Gaining a firm foothold in remunerative markets, such as in emerging economies of Asia-Pacific, while strengthening their presence in developed markets such as North America and Europe, are other key influencers of consolidation trend in the flash dryers market. Acquisition of Euroslot KDSS and its subsidiaries in India and China by ANDRITZ AG, and Henkel Drying and Separation Group’s expansion of its workshops in China, are key incidences that represent consolidation efforts of companies in the flash dryers market.
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About the Report
This report, titled “Flash Dryers Market Forecast, Trend Analysis, and Competition Tracking – Global Review 2018-2028” is an exhaustive compilation of actionable insights on the basis of valuable data extracted with the aid of a unique research methodology. The report delivers a detailed assessment on the flash dryers market, which include assessment on operating principles of flash dryers – direct drying and indirect drying, coupled with an exhaustive analysis on sizes of flash dryers and relevant end-use industries. Primary objective of the report is to support its readers in accumulating and stating all possible strategies on the basis of valuable insights, thereby facilitating them to cope up with changing dynamics of the flash dryers market, at present as well as in the near future. The report focuses on various opportunities, driver, restraints, and trends impacting the flash dryers market across the regional segments incorporated in the report.
A worldwide view of the flash dryers market has been covered in the report to present a holistic overview of the flash dryers market, thereby assisting readers in better understanding growth potential in key markets and slating expansion strategies and investments decisions. Eliminating all biases, the report provides a realistic view of the flash dryers market acumen. Data on sales of flash dryers has been offered in terms of volume (Units) and value (US$ Mn), and growth rate of the flash dryers market and key segmented incorporated in the report is depicted in terms of CAGR.
A systematic representation of imperative segments of the flash dryers market has been offered in terms of a market taxonomy in the report. The flash dryers market has been primary categorized on the basis of size, end-use industries, operating principle and region. Small, medium and large are basic sizes of the flash dryers available in the market, on which in-depth analysis and forecast has been offered in the report. The report has classified end-use industries in the flash dryers market into food, fertilizer, chemical, construction material, pharmaceutical, and others. Direct drying and indirect drying are key operating principles elucidated and analyzed in the report. The report also offered scrutinized assessment on the flash dryers market with respect to key regional segments including North America, Latin America, Europe, Asia-Pacific (APAC), and Middle East & Africa (MEA).
The report on the flash dryers market also provides a comprehensive information on the market’s competition landscape in a dedicated chapter, profiling prominent as well as emerging players in the flash dryers market. This chapter offers analysis on key companies that have significantly been contributing to growth of the flash dryers market, in terms of product portfolio, mergers & acquisitions, marketing strategies, revenue shares, and company overview.
A SWOT analysis, which highlight key strengths, weaknesses, opportunities and threats to the players underpinning growth of the flash dryers market, has also been offered in detail in this chapter. Flash dryers manufacturing companies profiled and analyzed by the report include ThyssenKrupp AG, GEA Group Aktiengesellschaft, ANDRITZ AG, and FLSmidth Group.
A detailed analysis on the flash dryers market offered by the report is based on an extensive research process, which comprises both primary and secondary researches for arriving at relevant market numbers. Data collected through these research approaches goes through many validation funnels, and re-examination with every progression step of the research.
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Credibility of the data acquired and statistics evaluated bases itself on the unique nature of the research methodology adopted for compiling the report on flash dryers market, which claims in ensuring higher accuracy, and delivering value with authentic data. Expert opinions of the market observers, and domain experts have been extrapolated, while contemplation of these has enabled analysts developing the report in arriving at accurate representation of the flash dryers market.
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