July 26, 2022
According to the research report titled ‘Global Contact and Convective Dryers Market Size study, by Product Type (Contact, Convective) by Orientation (Horizontal, Vertical) by end use industries (Pharmaceuticals Metallurgy, Food & Beverages, Chemicals, Auxiliary Manufacturing) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global contact and convective dryers market is anticipated to expand at a healthy CAGR during 2022-2028.
As per reliable estimates, flourishing food & beverage vertical as well as increasing use of industrial dryers due to their benefits including easy operations and energy efficiency are the major growth determinants for global contact and convective dryers market.
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For the unversed, contact and convective dryers are basically industrial equipment that are used to remove moisture from various items in the food, beverage, and pharmaceutical industries, by supplying the required heat.
Furthermore, emerging food processing industry in developing nations, and strict government control over industrial greenhouse gas emission are expected to propel industry outlook in the coming years.
However, negative impact of the COVID 19 pandemic on the food processing industry, and high cost of installation & maintenance of equipment may impede the market growth during the forecast period.
Based on product type, the industry is split into convective, and contact. In terms of orientation, the market is bifurcated into vertical, and horizontal. On the basis of end-use industries, worldwide contact and convective dryers marketplace is branched into auxiliary manufacturing, chemicals, food & beverages, pharmaceuticals, and metallurgy.
Regionally, North America market is showcasing notable growth at present, due to increasing integration of industrial automation, and the presence of major competitors in the region.
Whereas Asia Pacific industry is anticipated to expand at a healthy CAGR over the analysis timeframe, on the back of burgeoning food processing vertical, and rapid rate of industrialization in the region.
Durr Megtec LLC, BHS-Sonthofen Inc., Orion Air Conditioning & Refrigeration Ltd., Uzelac Industries Inc., Henkel Ltd., ThyssenKrupp AG, FLSmidth & Co. A/S, GEA Group AG, ANDRITZ Gouda B.V., and Kilburn Engineering Ltd. are the leading players in global contact and convective dryers market.