Global Industrial Dryers Market Size, Share, Trends, Industry Growth by Dryer Type (Rotary Dryers, Fluidized Bed Dryers, Spray Dryers, Vacuum Dryers, Flash Dryers, Conveyor Dryers, Drum Dryers, Freeze Dryers, Others), by Operating Principle (Direct Dryers, Indirect Dryers, Specialty Dryers), by End-Use Industry, by Region, and Forecast to 2030

Report ID: RC56825 | Report Format: PDF + Excel | Starting Price: 2520/- USD |

The global industrial dryers market size is anticipated to grow at a significant CAGR of around 5% during the forecast period from 2023 to 2030. The market is driven by increasing industrialization and the need for efficient drying solutions in sectors like manufacturing, chemicals, and food processing. Stringent environmental regulations and sustainability initiatives also push industries to adopt eco-friendly drying technologies. Technological advancements, such as improved heat transfer and automation, enhance the efficiency of drying processes. The growing demand for processed food and pharmaceuticals further contributes to the market’s growth. Additionally, economic expansion in regions like Asia Pacific and Latin America drives industrial activities, creating a higher demand for industrial dryers. Customized drying solutions tailored to specific industry requirements are gaining prominence in the market.

Market Snapshot:

Benchmark Year 2022
Market Size $ xx.x Bn lock
Market Growth (CAGR) ~ 5% (2023-2030)
Largest Market Share lock
Analysis Period 2020-2030
Market Players Andritz AG, Thyssenkrupp AG, GEA Group AG, Metso Corporation, and FLSmidth & Co. A/S

Market Drivers:

  • Growing Industrialization: The rise in industrial activities across sectors such as manufacturing, chemicals, food processing, and mining contributes to the increased demand for industrial dryers. These dryers are essential for drying raw materials, intermediate products, and final goods in various industrial processes.
  • Need for Efficient Drying: Industrial dryers offer efficient and cost-effective solutions for removing moisture from materials, reducing drying times, and enhancing overall process efficiency. Industries seek advanced drying technologies to optimize production and reduce energy consumption.
  • Increasing Demand for Processed Food: The food processing industry relies on industrial dryers to preserve, dehydrate, and extend the shelf life of food products. The growing demand for processed and convenience foods fuels the need for advanced drying equipment.
  • Stringent Environmental Regulations: Environmental regulations and sustainability initiatives drive industries to adopt eco-friendly drying technologies. Energy-efficient and environmentally friendly dryers are favored to minimize environmental impact and comply with regulations.
  • Technological Advancements: Ongoing technological advancements in drying equipment, such as improved heat transfer mechanisms, automation, and IoT integration, lead to more efficient and precise drying processes.
  • Rapid Expansion of Pharmaceutical Industry: The pharmaceutical sector requires precise and controlled drying processes for the production of drugs and pharmaceutical ingredients. The expanding pharmaceutical industry fuels the demand for specialized industrial dryers.
  • Growth in Construction and Mining Activities: Industries like construction and mining require industrial dryers to dry construction materials, minerals, and ores. The growth in construction and mining projects globally contributes to the demand for drying equipment.
  • Demand for Customized Solutions: Increasingly, industries seek tailored drying solutions to meet specific drying requirements, leading to a demand for versatile and flexible industrial dryers.
  • Advancements in Manufacturing Processes: Advancements in various manufacturing processes, such as automotive and aerospace, require efficient drying solutions to ensure product quality and performance.

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Market Insights:

Market Analysis by Dryer Type:

The global industrial dryer market is bifurcated into dryer type, operating principle, end-use industry, and geography. On the basis of dryer type, the rotary dryer segment dominated the global market in 2022 and expected to grow at the same trend over the forecast period. Rotary dryers are widely used across various industries due to their versatility and ability to handle a wide range of materials. They are suitable for drying bulk solids, granular materials, and powders, making them a popular choice in sectors like agriculture, minerals processing, chemicals, and more. The dominance of rotary dryers can be attributed to several factors, including their efficiency in processing large volumes of materials, their flexibility in handling different material types, and their relatively lower initial investment costs compared to some specialized dryers.

Rotary Dryers: Rotary dryers are widely used in various industries for drying bulk materials through direct or indirect heat transfer. They are versatile and can handle a wide range of materials, including minerals, agricultural products, and chemicals.

Fluidized Bed Dryers: Fluidized bed dryers use hot air to suspend and fluidize particles, ensuring even drying and preventing clumping. They are commonly used for drying powders and granular materials.

Spray Dryers: Spray dryers use hot air to evaporate moisture from a liquid or slurry, producing fine powders or granules. They are prevalent in the food and pharmaceutical industries for producing instant coffee, milk powder, and other powdered products.

Vacuum Dryers: Vacuum dryers remove moisture from heat-sensitive materials under low pressure, preventing thermal degradation. They are commonly used in the pharmaceutical and chemical industries.

Flash Dryers: Flash dryers use high-velocity hot air to quickly dry materials as they pass through the drying chamber. They are suitable for drying fine powders and heat-sensitive materials.

Conveyor Dryers: Conveyor dryers continuously transport materials through a heated chamber for uniform drying. They are used in various industries, including textiles, paper, and food processing.

Drum Dryers: Drum dryers utilize a rotating drum to dry materials, making them suitable for processing pastes and sticky materials.

Freeze Dryers: Freeze dryers remove moisture from materials by freeze-drying, preserving the material’s structure and properties. They are widely used in the food and pharmaceutical industries.

Others: This category may include specialized or niche dryers designed for specific applications not covered by the above types.

Market Analysis by Operating Principle:

On the basis of operating principle, the global industrial dryers market is further segmented into direct dryers, indirect dryers, and specialty dryers. The direct dryers segment is accounted to hold the largest revenue share of the global market in 2022. Direct dryers are widely used across various industries due to their simplicity, efficiency, and versatility. They involve direct contact between the drying medium (usually hot air or gases) and the material being dried, resulting in efficient moisture removal and relatively faster drying times. Direct dryers are commonly used for drying materials with low heat sensitivity and high thermal conductivity, such as certain minerals, metals, and aggregates. The dominance of direct dryers can be attributed to their widespread applications in various industries, including agriculture, minerals processing, chemicals, and construction. Their straightforward design and relatively lower initial investment costs compared to some specialty dryers make them a popular choice for many drying processes.

Direct Dryers: Direct dryers use direct contact between the drying medium (usually hot air or gases) and the material being dried. The material comes into direct contact with the heated air, and moisture is evaporated, leading to drying. Direct dryers are efficient for materials with low heat sensitivity and high thermal conductivity, such as certain minerals and metals.

Indirect Dryers: Indirect dryers, on the other hand, use a heated surface or heat exchanger to transfer heat to the material without direct contact with the drying medium. The heated surface indirectly heats the material, allowing for drying without exposing it to hot gases or air. Indirect dryers are suitable for heat-sensitive materials or when the material needs to be isolated from the drying medium to prevent contamination.

Specialty Dryers: Specialty dryers encompass a range of drying equipment designed for specific or niche applications. These dryers may utilize unique operating principles or configurations tailored to meet particular drying requirements. Examples include hybrid dryers, microwave dryers, vacuum dryers, and freeze dryers.

The industrial dryers market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

  • 2020-21 – Historical Year
  • 2022 – Base Year
  • 2023-2030 – Forecast Period

Market Segmentation:

By Dryer Type:

  • Rotary Dryers
  • Fluidized Bed Dryers
  • Spray Dryers
  • Vacuum Dryers
  • Flash Dryers
  • Conveyor Dryers
  • Drum Dryers
  • Freeze Dryers
  • Others

By Operating Principle:

  • Direct Dryers
  • Indirect Dryers
  • Specialty Dryers

By End-Use Industry:

  • Manufacturing
  • Agriculture
  • Mining and Metallurgy
  • Food and Beverage
  • Pharmaceuticals
  • Chemicals
  • Construction
  • Textiles
  • Paper and Pulp
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

North America and Europe have been dominant regions in the Industrial Dryers Market. These regions have well-established industrial sectors with a strong focus on research and development, leading to the adoption of advanced drying technologies. The presence of key players, technological innovation, and stringent environmental regulations drive the demand for industrial dryers in these regions.

Furthermore, in recent years, Asia Pacific has emerged as a dominant and rapidly growing market for industrial dryers. The region’s rapid industrialization, growing population, and urbanization have led to increased demand for industrial products and processed goods, driving the need for efficient drying solutions. Additionally, investments in infrastructure development, construction, and food processing industries in countries like China, India, and Southeast Asian nations have further fueled the demand for industrial dryers.

Competitive Assessment:

Some of the prominent market players operating in the global industrial dryers market are Andritz AG, Thyssenkrupp AG, GEA Group AG, Metso Corporation, and FLSmidth & Co. A/S. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Andritz AG
  • Thyssenkrupp AG
  • GEA Group AG
  • Metso Corporation
  • FLSmidth & Co. A/S
  • Carrier Vibrating Equipment, Inc.
  • Bühler AG
  • ANIVI Ingeniería, S.A.
  • Comessa
  • Mitchell Dryers Ltd.

Key Questions Answered by Industrial Dryers Market Report

  • Global industrial dryers market forecasts from 2023-2030
  • Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
  • Industrial dryers submarket forecasts from 2023-2030 covering the market by dryer type, operating principle, end-use industry, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level industrial dryers markets from 2023-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Industrial Dryers Market Portraiture
2.2. Global Industrial Dryers Market, by Dryer Type, 2022 (USD Mn)
2.3. Global Industrial Dryers Market, by Operating Principle, 2022 (USD Mn)
2.4. Global Industrial Dryers Market, by End-Use Industry, 2022 (USD Mn)
2.5. Global Industrial Dryers Market, by Geography, 2022 (USD Mn)

 

3. Global Industrial Dryers Market Analysis


3.1. Industrial Dryers Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis
3.8. COVID-19 Impact Analysis

 

4. Global Industrial Dryers Market By Dryer Type, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Rotary Dryers
4.3. Fluidized Bed Dryers
4.4. Spray Dryers
4.5. Vacuum Dryers
4.6. Flash Dryers
4.7. Conveyor Dryers
4.8. Drum Dryers
4.9. Freeze Dryers
4.10. Others

 

5. Global Industrial Dryers Market By Operating Principle, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Direct Dryers
5.3. Indirect Dryers
5.4. Specialty Dryers

 

6. Global Industrial Dryers Market By End-Use Industry, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Manufacturing
6.3. Agriculture
6.4. Mining and Metallurgy
6.5. Food and Beverage
6.6. Pharmaceuticals
6.7. Chemicals
6.8. Construction
6.9. Textiles
6.10. Paper and Pulp
6.11. Others

 

7. North America Industrial Dryers Market Analysis and Forecast, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. North America Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
7.3. North America Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
7.4. North America Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
7.5. North America Industrial Dryers Market by Country, (2020-2030 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
7.5.1.2. U.S. Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
7.5.1.3. U.S. Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
7.5.2.2. Canada Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
7.5.2.3. Canada Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)

 

8. Europe Industrial Dryers Market Analysis and Forecast, 2020 - 2030 (USD Mn)


8.1. Overview
8.2. Europe Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.3. Europe Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.4. Europe Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5. Europe Industrial Dryers Market by Country, (2020-2030 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.1.2. Germany Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.1.3. Germany Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.2.2. U.K. Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.2.3. U.K. Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5.3. France
8.5.3.1. France Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.3.2. France Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.3.3. France Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5.4. Spain
8.5.4.1. Spain Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.4.2. Spain Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.4.3. Spain Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5.5. Italy
8.5.5.1. Italy Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.5.2. Italy Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.5.3. Italy Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
8.5.6. Rest of Europe
8.5.6.1. Rest of Europe Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
8.5.6.2. Rest of Europe Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
8.5.6.3. Rest of Europe Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)

 

9. Asia Pacific Industrial Dryers Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Asia Pacific Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.3. Asia Pacific Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.4. Asia Pacific Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
9.5. Asia Pacific Industrial Dryers Market by Country, (2020-2030 USD Mn)
9.5.1. China
9.5.1.1. China Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.5.1.2. China Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.5.1.3. China Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.5.2.2. Japan Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.5.2.3. Japan Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
9.5.3. India
9.5.3.1. India Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.5.3.2. India Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.5.3.3. India Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
9.5.4. South Korea
9.5.4.1. South Korea Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.5.4.2. South Korea Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.5.4.3. South Korea Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
9.5.5.2. Rest of Asia Pacific Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
9.5.5.3. Rest of Asia Pacific Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)

 

10. Latin America (LATAM) Industrial Dryers Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. Latin America Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
10.3. Latin America Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
10.4. Latin America Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
10.5. Latin America Industrial Dryers Market by Country, (2020-2030 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
10.5.1.2. Brazil Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
10.5.1.3. Brazil Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
10.5.2. Mexico
10.5.2.1. Mexico Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
10.5.2.2. Mexico Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
10.5.2.3. Mexico Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
10.5.3.2. Rest of Latin America Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
10.5.3.3. Rest of Latin America Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)

 

11. Middle East and Africa Industrial Dryers Market Analysis and Forecast, 2020 - 2030 (USD Mn)


11.1. Overview
11.2. MEA Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
11.3. MEA Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
11.4. MEA Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
11.5. Middle East and Africa Industrial Dryers Market, by Country, (2020-2030 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
11.5.1.2. GCC Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
11.5.1.3. GCC Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
11.5.2.2. South Africa Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
11.5.2.3. South Africa Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Industrial Dryers Market by Dryer Type, (2020-2030 USD Mn)
11.5.3.2. Rest of MEA Industrial Dryers Market by Operating Principle, (2020-2030 USD Mn)
11.5.3.3. Rest of MEA Industrial Dryers Market by End-Use Industry, (2020-2030 USD Mn)

 

12. Company Profiles


12.1. Andritz AG
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Thyssenkrupp AG
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. GEA Group AG
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Metso Corporation
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. FLSmidth & Co. A/S
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Carrier Vibrating Equipment, Inc.
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Bühler AG
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. ANIVI Ingeniería, S.A.
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Comessa
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Mitchell Dryers Ltd.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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COVID-19 Impact on the Global Industrial Dryers Market Size, Share, Trends, Industry Growth by Dryer Type (Rotary Dryers, Fluidized Bed Dryers, Spray Dryers, Vacuum Dryers, Flash Dryers, Conveyor Dryers, Drum Dryers, Freeze Dryers, Others), by Operating Principle (Direct Dryers, Indirect Dryers, Specialty Dryers), by End-Use Industry, by Region, and Forecast to 2030 Market

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