Rotary Dryers Batch An Array of Graphics and Analysis of Major Industry Segments: Fact.MR

Fact.MR has released the rotary dryer industry analysis, which reveals that global demand enjoyed year-on-year (YoY) growth of 2.2% in 2021. The global rotary dryer market size in 2021 is set to be valued at US$ 1.2 Bn. Single-shell rotary dryers displayed positive growth of 3% and their sales are estimated to top US$ 800 Mn in 2021, while-multi shell rotary dryers are expected to be up by 2.5% Y-o-Y reaching nearly US$ 450 Mn.

The global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.

The report offers actionable and valuable market insights of Rotary Dryers Batch. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Rotary Dryers Batch Market across various industries and regions.

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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Rotary Dryers Batch market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Rotary Dryers Batch

This newly published and insightful report sheds light on Market Insights of Rotary Dryers Batch, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Rotary Dryers Batch Market.

According to a new Fact.MR report, global sales of rotary dryers were close to 390 units in 2018, and are estimated to log a 3% Y-o-Y growth in 2019. A plethora of aspects influence the rotary dryers industry, ranging from efforts of players to develop products with greater thermal efficiency through recycling of exhaust gases, to growing demand from process industries where reliability and lower sensitiveness to fluctuations in product size are key imperatives.

The report opines that continuous rotary dryers will remain preferred among end users, with sales in 2018 estimated at approximately 270 units. Elimination of consecutive drying requirements per material load, involved in batch drying processes, and relevant operational cost, have advocated the adoption of continuous rotary dryers among industries. Additionally, advances in continuous rotary dryers such as integration of multiple functions, which range from granulation and coating, to cleaning and classifying, have been favoring the popularity and sales of continuous rotary dryers in recent years.

According to the report, although the drying technologies have been an essential requirement in the manufacturing processes, the industry is closing in on its maturity in terms of application. However, the proliferation of the medical marijuana industry has been paving opportunities for the manufacturers of industrial dryers, which in turn has rubbed off on the development and adoption of rotary dryers to a significant extent. As the demand for industrial hemp drying equipment continues to surge, the rotary dryers industry will continue to witness a sustained growth.

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APAC Leads the Way in Rotary Dryers Landscape

The study finds that APAC continues to spearhead the rotary dryers industry in terms of unit sales, accounting for over 30% sales. Significant growth in the food & beverage industry, backed by rising demand for packaged & processed food in the developing nations, have underpinned the demand for rotary dryers in the region. The regional players are currently focusing on enhancing key attributes of the rotary dryers such as improved flow conditions, and better mixing of materials, in a bid to ensure greater drying speed.

The adoption of rotary dryers in various industrial processes continues to grow unabated, as leading market players invest in the development of solutions that feature enhanced thermal resistance. Additionally, the emphasis on the betterment of the industrial infrastructure has been intensifying across economies, which has directly influenced the demand for various industrial equipment & technologies. This, coupled with the government initiatives for accelerating growth of the manufacturing sector, will continue to favor the sales of rotary dryers.

The report finds that stringent regulations imposed on the use of industrial equipment to curtail the associated emissions have been confining adoption of various industrial drying technologies. High cost of new equipment has also been a major concern among end-use industries, which has led small-scale contractors to opt for rental equipment. However, favorable government guidelines pertaining to industrial processes alongside the sustainability-driven efforts of the industry, has upheld new equipment sales in the rotary dryers market.

According to the study, nature of the rotary dryers market remains highly consolidated, with leading players accounting for over 60% shares. Large-scale integrated production technologies, along with extensive production capacity and strong global distribution, are key strengths of leading players that have supported their supremacy in the rotary dryers market. Emerging players in the rotary dryers market are focusing on increasing their production capacity while expanding their regional occupancy, to remain competitive.

This Fact.MR study offers a long-term outlook of the rotary dryers market for the period, 2019 to 2027. The rotary dryers market is projected to record a volume CAGR of nearly 3.5% through 2027.

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