Centrifugal Industrial Dryer Market
Centrifugal Industrial Dryer Market Study by Direct and Indirect Operation in Metal Finishing, Food Processing, Plastic Recycling, Chemicals, and Pharmaceuticals From 2024 to 2034
Analysis of Centrifugal Industrial Dryer Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Centrifugal Industrial Dryer Market Outlook (2024 to 2034)
The global centrifugal industrial dryer market is projected to reach US$ 426.8 million by the end of 2034 from US$ 267.1 million in 2024, further advancing at a CAGR of 4.8% from 2024 to 2034, as opined in newly published Fact.MR report.
Several industries such as pharmaceuticals, textile, metal finishing, chemical processing, mineral production, and food production are widely utilizing centrifugal industrial dryers to make sure their products meet the rising expectations of consumers about consistency and quality. Centrifugal industrial dryers are becoming essential components as they provide even and regulated drying.
Particularly pharmaceutical, chemical, and food manufacturing industries need to strictly maintain the qualities of finished products such as texture, flavor, and appearance, to meet the strict regulations. Centrifugal dryers are helping producers achieve and maintain high-quality standards, satisfying customer needs, and improving product reliability by efficiently removing moisture and lowering variability in drying outcomes.
Key Market Growth Drivers
- The need for effective drying solutions is increasing in several industries such as textiles, chemicals, food & beverage, pharmaceuticals, and others which boosting the market growth. In these industries, production is rising on large scales, which is stimulating the demand for centrifugal industrial dryers globally.
- A key centrifugal industrial market trend is advancements in dryer technology such as automation, better control systems, and more energy efficiency, which is helping to lower operating costs and improve performance.
- Businesses looking to reduce their energy consumption and operating costs are finding centrifugal dryers appealing as they provide superior energy usage over conventional drying techniques.
- The centrifugal industrial dryer market size expanding due to the imposition of strict rules about product quality and safety in industries particularly in food manufacturing and medicines.
- Centrifugal dryers are becoming important in food and medicine manufacturing as they offer constant and controlled drying, which assists these companies in successfully adhering to stringent regulatory requirements.
- Several industries are widely adopting centrifugal dryers because they are finding dependable solutions to guarantee the best possible product quality.
- Centrifugal industrial dryers are adopted widely because of their lengthy operational life and low maintenance requirements.
Report Attribute | Detail |
---|---|
Centrifugal Industrial Dryer Market Size (2024E) | US$ 267.1 Million |
Forecasted Market Value (2034F) | US$ 426.8 Million |
Global Market Growth Rate (2024 to 2034) | 4.8% CAGR |
North America Market Share (2024E) | 33.4% |
East Asia Market Value (2024E) | US$ 76.4 Million |
Direct Segment Value (2034F) | US$ 269.8 Million |
Metal Finishing Segment Value (2034F) | US$ 217.7 Million |
Key Companies Profiled | Sukup Manufacturing Co.; Gala Industries, Inc.; Genox Recycling Tech Co., Ltd.; BelAir Finishing Supply Corp.; Gostol TST d.d.; Auto Technology Company; ZIRBUS Technology; Wave Power Equipment; Firex; BEC Midlands; Greco Brothers. |
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Why is the Adoption of Centrifugal Industrial Dryers Increasing in Several Industries?
“Rising Utilization in Several Industries and Technological Innovations Driving Up Demand”
The demand for effective drying solutions is increasing in several industries such as textiles, chemicals, food & beverages, pharmaceuticals, and others. These industries are expanding continuously and their output levels are rising, which is generating the need for dependable and high-capacity drying equipment such as centrifugal industrial dryers. Because of centrifugal industrial dryers' capacity to consistently produce drying results and manage big volumes with efficiency, their adoption is increasing in industries.
Ongoing innovations in technology are contributing to the centrifugal industrial dryer market growth. These technological innovations include automation and complex control systems, which are improving the accuracy and reliability of centrifugal industrial dryers and helping businesses, simplify their operations.
Which Factors are Limiting the Demand for Centrifugal Industrial Dryers?
“System Complexity and Requirement of Continuous Servicing”
Centrifugal industrial dryers are known for their durability but on the other hand, their complicated systems require special servicing and repairs, which is somehow limiting the market expansion. Such repairs take a lot of time and increase operational expenses, as companies need to hire professional technicians or order spare parts for repairs.
To guarantee peak performance, routine maintenance procedures such as cleaning, calibration, and part replacement are necessary, but they are generally costlier and time-consuming. As a result, businesses that want to use centrifugal dryers are finding it difficult to balance these maintenance requirements with efficient and economical operations.
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Country-wise Insights
The North American region is projected to lead in 2024 with a 33.4% centrifugal industrial dryer market share. East Asia is forecasted to surpass North America in terms of market share in the next ten years due to increasing demand from well-established industries, including textile, chemicals, and food processing. The manufacturing industries are expanding in the region due to rising production capacity, boosting the need for effective drying solutions.
What is the Market Scenario in the United States?
“Strict Laws about Safety and Quality in Pharmaceutical and Food Manufacturing Industries”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 66.2 Million |
Growth Rate (2024 to 2034) | 3.8% CAGR |
Projected Value (2034F) | US$ 96.5 Million |
The United States is estimated to account for 74.2% market share of the North American region in 2024. The strict rules and regulations regarding product quality as well as safety in industries such as food processing and pharmaceuticals are increasing the demand for centrifugal industrial dryers in the country. These industries are widely adopting centrifugal industrial dryers to meet these strict regulations as they provide precise and uniform drying.
Pharmaceutical and food manufacturers are finding centrifugal industrial dryers reliable solutions and they even control drying processes, which helps them to maintain the quality of products.
Why is the Utilization of Centrifugal Industrial Dryers Rising in Japan?
“High Adoption of Latest Centrifugal Industrial Dryers in Chemical and Automotive Industries”
Attribute | Japan |
---|---|
Market Value (2024E) | US$ 18.6 Million |
Growth Rate (2024 to 2034) | 5.8% CAGR |
Projected Value (2034F) | US$ 32.7 Million |
Japan is known for its innovation and continuous improvements in manufacturing processes all around the world, which is contributing to increasing demand for centrifugal industrial dryers. Industries in Japan are constantly upgrading their equipment to incorporate the latest technological advancements in the operation cycle.
Several industries such as chemical, automotive, and others are adopting the latest centrifugal dryers ensuring improved performance, precision, and efficiency compared to previous models.
Category-wise Insights
Based on application, the market is segmented into metal finishing, food processing, plastic recycling, chemicals, and pharmaceuticals. The metal finishing segment is estimated to lead with a 55.3% revenue share in 2024, but the application of centrifugal industrial dryers in the food processing industry is projected to increase at a notable CAGR of 7% over the next ten years.
Why is the Application of Centrifugal Industrial Dryers High in Metal Finishing?
“Effectiveness in Removing Moisture and Contaminants from Metal Parts”
Attribute | Metal Finishing |
---|---|
Segment Value (2024E) | US$ 147.7 Million |
Growth Rate (2024 to 2034) | 4% CAGR |
Projected Value (2034F) | US$ 217.7 Million |
The application of centrifugal industrial dryers is high in metal finishing due to their assistance in the removal of contaminants and moisture efficiently from parts. The need for centrifugal industrial dryers is high in metal finishing procedures such as plating and coating to ensure the durability and quality of the finishing. Centrifugal industrial dryers help in gaining consistent results and decreasing the risk related to defects by offering strong and consistent drying.
Centrifugal dryers provide high-speed operations and excellent moisture removal, which further contributes to increasing processing times and enhancing surfacing quality, because of this, they are strengthening their position in metal finishing procedures.
Why are Direct Centrifugal Industrial Dryers Highly Preferred?
“Cost Effectiveness and Efficiency Properties Driving Up Adoption Rate”
Attribute | Direct |
---|---|
Segment Value (2024E) | US$ 180 Million |
Growth Rate (2024 to 2034) | 4.1% CAGR |
Projected Value (2034F) | US$ 269.8 Million |
Demand for direct centrifugal industrial dryers is high in comparison with indirect because of their cost-effectiveness and efficiency. Direct centrifugal industrial dryers provide quick drying times and energy-saving solutions by utilizing hot air gases or in direct contact with the material. Several industries are choosing direct methods because they reduce operating costs as well as provide quick drying procedures.
Compared to indirect centrifugal dryers, which generally come with a more intricate system and separate heat sources, direct ones are easier and less expensive to maintain.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape
Key players in the centrifugal industrial dryer industry are investing in R&D activities to produce advanced products with increased performance, reduced energy use, and automation features. To reduce expenses, several manufacturers are concentrating on simplifying production and supply chains. Lean manufacturing techniques, improved material sourcing strategies, and streamlined production processes are a few examples of waste reduction.
Several companies are offering additional services such as maintenance, training, and technical support to increase client happiness and open up new revenue sources.
Fact.MR provides detailed information about the price points of key manufacturers of centrifugal industrial dryers positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Centrifugal Industrial Dryer Market Research
-
By Operating Principle :
- Direct
- Indirect
-
By Application :
- Metal Finishing
- Food Processing
- Plastic Recycling
- Chemicals
- Pharmaceuticals
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-Economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Operating Principle 6.2. Application 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Operating Principle 7.1. Direct 7.2. Indirect 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 8.1. Metal Finishing 8.2. Food Processing 8.3. Plastic Recycling 8.4. Chemicals 8.5. Pharmaceuticals 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. MEA 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. MEA Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Sales Forecast 2024 to 2034 by Operating Principle and Application for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Sukup Manufacturing Co. 19.2. Gala Industries, Inc. 19.3. Genox Recycling Tech Co., Ltd. 19.4. BelAir Finishing Supply Corp. 19.5. Gostol TST d.d. 19.6. Auto Technology Company 19.7. ZIRBUS Technology 19.8. Wave Power Equipment 19.9. Firex 19.10. BEC Midlands 19.11. Greco Brothers
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List Of Table
Table 01: Global Market US$ Mn & Unit Forecast by Region, 2019-2034
Table 02: Global Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 03: Global Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 04: North America Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 05: North America Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 06: North America Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 07: Latin America Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 08: Latin America Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 09: Latin America Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 10: Western Europe Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 11: Western Europe Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 12: Western Europe Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 13: Eastern Europe Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 14: Eastern Europe Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 15: Eastern Europe Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 16: East Asia Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 17: East Asia Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 18: East Asia Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 19: South Asia & Pacific Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 20: South Asia & Pacific Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 21: South Asia & Pacific Market US$ Mn & Unit Forecast by Application, 2019-2034
Table 22: MEA Market US$ Mn & Unit Forecast by Country, 2019-2034
Table 23: MEA Market US$ Mn & Unit Forecast by Operating Principle, 2019-2034
Table 24: MEA Market US$ Mn & Unit Forecast by Application, 2019-2034
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Region, 2019-2034
Figure 04: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 05: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 07: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 08: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 09: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 10: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 11: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 12: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 13: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 14: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 15: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 16: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 17: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 18: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 19: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 20: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 21: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Figure 22: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Operating Principle, 2019-2034
Figure 23: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Application, 2019-2034
Figure 24: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn & Unit Projection by Country, 2019-2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the centrifugal industrial dryer market in 2024?
The global market for centrifugal industrial dryers is estimated at US$ 267.1 million in 2024.
What is the future of centrifugal industrial dryers?
Worldwide sales of centrifugal industrial dryers are projected to reach US$ 426.8 million by 2034.
What is the demand growth projection for the global market?
Worldwide demand for centrifugal industrial dryers is forecasted to increase at a CAGR of 4.8% from 2024 to 2034.
At what rate is the market forecasted to expand in Japan?
The market in Japan is projected to expand at a CAGR of 5.8% through 2034.
Who are the leading producers of centrifugal industrial dryers?
Leading companies in the market are Wave Power Equipment, Gostol TST d.d., Auto Technology Company, and ZIRBUS Technology.
What is the projection for the market in East Asia?
The market in East Asia is projected to generate revenue worth US$ 135.7 million by 2034.
Which application segment holds a significant market share?
The metal finishing segment is forecasted to account for 55.3% of the global market share in 2024.