Global Industrial Dryer Market Is Expanding Owing To Growing Usage Of Agriculture Sector And Growing Healthcare Spending

Industrial Dryer Market
Industrial Dryer Market

Overview:

Industrial dryer is equipment that removes moisture from products, materials and food products in a manufacturing capacity. They are specialized and much larger than dryers found in laundromats or hotels, and they have multiple uses for a variety of industries including the pharmaceutical, industrial laundry, manufacturing, agricultural, pollution control, water treatment, paper, and trash sectors.

Most types of industrial dryers are based on the evaporation or sublimation of materials into steam, a process that involves heat to change solid material into liquid or gaseous state. Some types of dryers use electromagnetic radiation matched to the absorption rate of the material to dry it quickly and efficiently. They can be used for a wide range of purposes such as curing, dehydration, sterilization and more.

Tray industrial dryers are a type of batch drying machine that uses trays to hold the moist material and allows the hot air to pass over it to evaporate the moisture. This type of industrial dryer is also known as a cross-circulation dryer and it can be adjusted by the operator to the desired temperature and humidity level.

Market Dynamics:

Growing product launches are estimated to augment growth of the global Industrial Dryer Market during the forecast period. For instance, GE Appliances has entered in the commercial laundry space by introducing a new easy-to-use, WiFi-enabled, top-load and front-load washers and dryers in 2021. These new dryers and washers have been integrate with advanced technology and will offer the users a seamless experience. Moreover, rising operational cost and growing strict government rules are anticipated to restrain growth of the global industrial dryer for market during the forecast period.

Impact of COVID-19:

The pandemic was first identified in China. In 2020, the World Health Organization declared this outbreak as a global public health emergency. The pandemic resulted in imposition of strict nationwide lockdowns in several countries. This was done to prevent the transmission of the virus. These restrictions forced people to stay indoors, as social distancing restrictions were imposed in many regions. The pandemic also led to shutting down of manufacturing activities in many nations. Malls, retail stores, restaurants, pubs and all social activities were banned. This led to decrease in demand of industrial dryer in the market, as many industries were temporarily shut down. Thus, the pandemic hindered the growth of the global industrial dryer for market. However, the market is estimated to witness growth, as many companies have now resumed their operations.

Key Takeaways:

The global Industrial Dryer Market is expected to witness robust growth, exhibiting CAGR of 3.5 % over the forecast period, due to increasing technological advancements.

For instance, Metso Corporation demonstrated their product portfolio at the CONEXPO-CON/AGG 2020 in January 2020. Their field-proven technologies and latest innovations have especially been designed for the show.

North America is anticipated to witness robust growth in the global industrial dryer for market during the forecast period, due to growing food & beverage industry and rising security issues.

Key players active in the global Industrial Dryer Market are FEECO International, Inc., ANDRITZ, Cadworks India Pvt. Ltd., Thyssenkrupp, Glatt GmbH, Binzen, GEA Group Aktiengesellschaft, GEM MACHINERY & ALLIED INDUSTRIES, Metso, FEECO International, Inc., FLSmidth, Kerone Engineering Solutions, Buhler Holding AG, Yamato Sanko Co., Ltd., Anivi, and Mitchell Dryers Ltd.

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