Europe Tray Dryers Market

Europe Tray Dryers Market Outlook (2023-2033)

Europe tray dryer market is anticipated to project a valuation of US$ 290.2 million in 2023 and further expand at a CAGR of 4.5% to reach US$ 451.2 million by the end of 2033.

A tray dryer is a convectional drying device contained in an insulated trolley with trays stacked on top of one another. The driers are employed in the process, as heating and drying are a vital part of the industrial production processes, such as in pharmaceuticals, food products, dyestuff, chemicals manufacturing, and others. The trays are filled with wet or solid materials that need to be dried.

Report Attributes	Details
Tray Dryer Market Size (2022A)	US$ 218.5 Million
Estimated Market Value (2023E)	US$ 290.2 Million
Forecasted Market Value (2033F)	US$ 451.2 Million
Europe Market Growth Rate (2023-2033)	4.5% CAGR
United Kingdom Market Growth Rate (2023-2033)	~3.3% CAGR
Germany Market Size (2033F)	US$ 117.3 Million
France Market Size (2033F)	US$ 81.2 Million
Key Companies Profiled	MV International Powder Systems Limited Pharma Fab Industries Standard Group of Companies Ltd Shree Bhagwati India Pvt Ltd

Historic to Future Pathway Analysis

A wide range of technologies and methods are used for drying food that includes tunnel and tray dryers, rollers, freeze dryers, and spray, among others. Tray dryers are bit suitable for drying wet or moist powders, chemicals, crude drugs, and others.

Further, a tray dryer constantly circulates hot air, which uses forced convection to evaporate moisture from the material in the trays. Moisture-filled air is also vented from the cabinet to the vent at the same time, owing to this it is witnessing high demand across various end-use verticals which in turn increases the sales of the tray dryers.

• Short-Term Growth Projection: The tray dryer’s application in food and confectionary products augments the market’s growth.
• Medium-Term Growth Projection: Countries with emerging and evolving pharmaceutical industries coupled with high demand from the chemical sector to bolster markets’ growth over the projection period.
• Long-Term Growth Projection: The capacity enhancement of the tray dryers coupled with the development of advanced machinery to bolster the market’s long-term growth.

Over the 2018-2022 historical period, the Europe tray dryer market registered a CAGR of 2.8%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is projected to exhibit growth at 4.5% CAGR between 2023 and 2033.

Market share analysis of tray dryers based on mechanism and country is provided in a nutshell in the above image. Under the mechanism segment, the hot air sub-segment is estimated to reach a market share of 48.0% in 2023.

“Tray Dryers Demand Across Flourishing Pharmaceutical and Biotechnological Sectors to Drive Sales Growth”

Tray Dryers are ideally suitable for drying granules, chemicals, pharmaceuticals, powders, plastic, and others. Heating is either by steam or electricity or may be combined.

Further, pharmaceutical tray dryers are available with different types in the market that effectively helps in reducing wastage and increasing productivity.

They are specially developed to decrease the heat produced by the heating system in the laboratories by more than 60%. In this, the drying temperature is elevated to keep the substance's purity which is undergoing manufacturing or testing.

This results in the fast drying of the compound or sample by discouraging it from cracking during the heating process and discouraging the small particles to vent out with the steam vapor.

Therefore, having high-quality trays is essential for continuous drying. It is effectively achieved with the help of tray dryers. The proliferating pharmaceutical and biotechnological in Europe augment the market's growth.

“Limited Application and Capacity a major challenge to be bridged”

Tray dryers are only feasible for small-quantity drying processes. Further, they took longer for the process, it is laborious work that requires more workforce to manage trays loading and unloading adding an extra cross to the process.

Further, the batch system is still practiced in many organizations. The Batch system consumes more fuel, cracking, and loss of substance due to overheating, and other. Such factors are major restraining factors for the market's growth.

Country-wise Insights

What are the factors driving the market’s growth across Germany?

The growing pharmaceutical industry across Germany plays a crucial role in the rising demand for tray dryers, as tray dryers have major applications in drug development.

Germany's pharmaceutical industry is valued at US$ 99.0 billion and is estimated to grow at a CAGR of 4.9% over the forecast period, due to the presence of major market players in the pharma industry and strong pipeline drugs in Phase III clinical trials. This, in turn, create immense growth opportunities for the market.

Why is the UK tray dryer market expected to be extremely worthwhile?

The growing confectionery sector across the UK amounts to US$ 16.35 billion in 2022 and it is expected to grow annually by 2.48%. Growing confectionary products requires tray dryers to eliminate the loss due to moist or wet products. Thus, the market will witness high demand from the confectionary sector over the assessment period.

The UK is estimated to grow at a CAGR of 3.3% over the forecast period from 2023 to 2033.

Category-wise Insights

Why is the capacity “37 to 48 trays” gaining traction?

37 to 48 trays have a major market share of 44.0% in the market in 2023. It is estimated to be valued at US$ 127.7 million in 2023 and grow at a CAGR of 4.0%. The growth is attributed to the fact that the 37 to 48 trays capacity is standard and infrastructure supports this capacity as well.

Further, small and medium enterprises or facilities have similar capacities. Due to such factors, the demand for the 37 to 48 trays capacity is high and is estimated to remain high over the assessment period.

How do Semi-Continuous Cabinets spur the market’s growth outlook?

A semi-Continuous cabinet (SCC) has a major market share. It is a batch system's reliable alternative. In this SCC a lifting mechanism enables all of the trays, excluding the bottommost tray to be picked up.

Hence, it is feasible to remove the lowermost tray as soon as the product is dried. This mechanism then allows all the trays to be placed lower (here tray 2 is now at the bottommost of the stack). This, in turn, creates space for the fresh material tray to be placed at the top.

The advantage of this is that over-drying the product can be avoided as compared to the batch system. Further, product quality can be met as it reduces drying and leads to loss of product quality.

With the use of these cabinets, fuel efficiency is increased, however, the requirement of the workforce increases to load and unload the trays, which can be met by the use of advancing technologies. Hence, the benefits offered by the SCC over others to likely to bolster the segment's growth over the period as it speeds up the process and reduces a certain amount of cost.

Market Development Strategies

Prominent Market players in the tray dryer market include MV International, Powder Systems Limited, Pharma Fab Industries, Standard Group of Companies Ltd, and Shree Bhagwati India Pvt Ltd, among others.

Manufacturers are focusing on establishing long-term trade relations with the end users to ensure growth during unfavorable trade situations. Further, the target customers are emerging players in the end-user verticals as tray dryers are effective for small to medium-level drying demands.

The market is witnessing growth enabling market titans to invest in technology to develop advanced machinery to cater to the needs of the end-users. Digital platforms assist in building brand recognition and enable companies to build an army of loyal customers through online after-sales services and feedback analysis. Such measures ensure the market's growth which in turn contributes to revenue growth.

Fact.MR has provided detailed information about the price points of key manufacturers of tray dryers positioned across countries, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Tray Dryer Industry Research

• By Mechanism :

  • Thermic Fluid
  • Steam
  • Hot Air
  • Electricity

• By Tray Dryer Cabinets :

  • Batch
  • Semi-Continuous
  • Cross Flow Dryers

• By Capacity :

  • 12 to 24 trays
  • 25 to 36 trays
  • 37 to 48 trays
  • 49 to 60 trays
  • 60 and above

• By Size :

  • Small
  • Medium
  • Large

• By Dryer Type :

  • Fully-Automatic
  • Semi-Automatic

• By Application :

  • Pharmaceuticals
  • Chemicals
  • Powders
  • Confectionery
  • Wood
  • Plastic Granules
  • Textile
  • Others

• By Country :

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • BENELUX
  • NORDICs
  • Portugal
  • Rest of Europe