Pulverizing Systems Market
Pulverizing Systems Market Analysis by Hammers, Balls, Pins, Impact, Attrition, and Fluid Energy for Pharmaceuticals, F&B, Chemicals, Manufacturing, Construction, and Laboratories from 2023 to 2033
Analysis of Pulverizing Systems Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Pulverizing Systems Market Outlook (2023 to 2033)
Worldwide shipments of pulverizing systems are set to account for a market revenue of US$ 1.28 billion in 2023 and climb to US$ 2.13 billion by the end of 2033. The global pulverizing systems market is forecasted by Fact.MR to exhibit healthy expansion at 5.2% CAGR over the next ten years (2023 to 2033).
A pulverizing system is a mechanical device that is used to reduce different types of materials into fine particles and is also capable of performing tasks such as crushing, impacting, and grinding. Increasing industrialization around the world is anticipated to be a crucial driver for pulverizer machine demand throughout the forecast period.
The expansive scope of application of pulverizer machines in numerous industry verticals makes them popular industrial equipment and is creating lucrative growth opportunities for key suppliers of pulverizer machines across the world. Rising investments in infrastructure development, expanding food processing industry, rapid urbanization and industrialization, and supportive government initiatives to promote manufacturing activity across various regions are other aspects that will promote the growth of the pulverizing industry over the coming years.
- In 2020, the Government of India announced the launch of the Production Linked Incentive (PLI) scheme to promote manufacturing activity in the country and attract new investments.
New pulverizing system manufacturers should focus on making efficient pulverizer devices that consume less energy and are compliant with the changing sustainability norms around the world. The demand for cost-effective and affordable pulverizing systems is also an area that could offer lucrative moneymaking opportunities for pulverizing system start-ups in the future. High initial investments to penetrate the marketplace could be a challenge that many new manufacturing companies could face going forward.
On the flip side, the need for huge manpower to install pulverizing systems and the high costs of purchase, installation, and maintenance are projected to be key roadblocks for overall market development in the future. High power consumption is also another key challenge that pulverizing system vendors will have to overcome going forward.
An all-inclusive assessment of market-augmenting aspects such as new developments, product standards, local supply, pricing trends, and safety regulations have been mentioned in this latest pulverizing systems market study.
Report Attributes |
Details |
---|---|
Pulverizing Systems Market Size (2023) |
US$ 1.28 Billion |
Projected Market Value (2033F) |
US$ 2.13 Billion |
Global Market Growth Rate (2023 to 2033) |
5.2% CAGR |
United States Market Value (2033F) |
US$ 538.01 Million |
India Market Growth Rate (2023 to 2033) |
5.6% CAGR |
United Kingdom Market Value (2033F) |
US$ 130.23 Million |
Historical CAGR of Global Market (2018 to 2022) |
5.4% CAGR |
Sales Growth of Hammer Pulverizers (2023 to 2033) |
5.8% CAGR |
Key Companies Profiled |
|
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Which Region Will Be Host to Highly Rewarding Business Opportunities?
“Asia Pacific to Offer Mouthwatering Moneymaking Scope”
The APAC region is anticipated to emerge as the most opportune regional market owing to an increasing focus on infrastructure development in emerging economies and supportive government initiatives to promote manufacturing activities. India and China are slated to be the most important markets in this region followed by countries such as Japan, South Korea, and Indonesia through 2033.
Low cost of manufacturing, government incentives, low costs of raw materials, and high availability of cheap labor are prime prospects that make China and India attractive spaces for manufacturing and industrial activities, which is also expected to supplement the demand for industrial pulverizer machines and commercial pulverizer machines in these countries going forward.
- Pulverizing system sales in China are estimated to rake in a revenue of US$ 424.86 million by the end of 2033 while rising at a 5.5% CAGR across the forecast period.
The presence of a robust manufacturing industry and surging investments construction industry are expected to influentially shape shipments of pulverizing systems in Japan in the future.
Additional insights about other countries have been listed in detail in this latest pulverizing systems research survey by the skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
Why Should Pulverizing System Companies Invest in the United States?
“Focus on Expansion of Industrial Output – Key Growth Instigator”
The government of the United States has been focusing on bolstering its industrial sector to decrease reliance on other countries amidst heated tensions regarding the use of the US dollar for international trade. Moreover, the presence of manufacturing facilities of several companies from different industries is also slated to create high demand for micro pulverizer machines, mini pulverizer devices, etc. over the next ten years.
- Pulverizing system sales in the United States currently account for US$ 317.64 million and are extrapolated to increase at a moderate 5.2% CAGR from 2023 to 2033. The CAGR for the country fell from 7%, which was the recorded growth rate from 2018 to 2022.
Rising demand for pharmaceuticals owing to the increasing burden of chronic diseases and surging consumption of processed food is also expected to benefit sales of food pulverizer machines and other pulverizing equipment demand in the United States across the forecast period. Despite all the adverse factors affecting economic growth in the United States, there has been improvement in the industrial activity of the country in recent times, which could further augment pulverizing system shipments through 2033.
- As per Federal Reserve data released in April 2023, industrial production in the United States rose by 0.4% in the month of March 2023.
How Will Pulverizing System Sales Fare in European Countries?
“Robust Industrial Activity Providing Bright Outlook for Pulverizer Equipment Suppliers”
Europe is home to one of the most diverse sets of industries and manufacturing facilities in the world, which is what makes it an opportune space for pulverizing system manufacturers and suppliers over the coming years. Increasing industrialization in countries such as Germany and the United Kingdom is expected to boost pulverizing system shipments in these countries throughout the forecast period and beyond.
- Demand for pulverizing systems in Germany is estimated to increase at 5.9% CAGR over the next ten years and attain a revenue valuation of US$ 211.36 million by the end of 2033.
The presence of an influential food processing industry and key food companies in the European region is also expected to bolster sales of food pulverizer machines going forward. Increasing mining and construction activity is also slated to benefit market growth in the majority of European countries in the long run.
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Category-wise Insights
Where Will Demand for Pulverizing Systems Rise Fast?
“Chemical Industry to Lead Global Sales Growth”
Based on end use, the pulverizing systems market is segmented into pharmaceuticals, food & beverages, chemicals, manufacturing, cement & construction, laboratories, and others.
Shipments of pulverizer machines are projected to be high in the chemicals sector owing to the surging establishment of new chemical manufacturing facilities around the world. Pulverizer machine manufacturers are expected to target the chemicals industry to increase their sales potential as chemical manufacturing activity bolsters on a global scale.
Emerging economies are slated to be especially opportune spaces for chemical manufacturing owing to supportive government initiatives and increasing foreign investments.
- Pulverizing system sales in the chemicals sector are anticipated to increase at a steady 6% CAGR over the next ten years.
Which Type of Pulverizing Equipment is Most Covetable?
“Hammer Pulverizers Most Sought After Type of Pulverizing Systems”
Based on type, the pulverizing systems market is segmented into hammer, ball, pin, impact, attrition, fluid energy pulverizers, and others.
Hammer pulverizers are the most popular and in-demand type of pulverizing systems available in the marketplace. The increasing use of hammer pulverizer machines in various industry verticals such as construction, manufacturing, chemicals, etc. is expected to influentially uplift their sales over the coming years.
- From 2023 to 2033, worldwide shipments of hammer pulverizers are forecasted to rise steadily at 5.8% CAGR across the world.
Competitive Landscape
Pulverizing system manufacturers are focusing on launching new products with advanced features to attract new customers and expand their product portfolio to gain a competitive advantage over other pulverizing machine companies across the forecast period.
- In January 2023, Italvacuum, a leading supplier of vacuum pumps and dryers based in Italy, introduced its new double cone rotary vacuum dryer pulverizer machine. The Criox System is designed to treat fine chemicals, chemical powders, and damp pharmaceuticals.
- In December 2021, Caterpillar, a leading construction equipment provider, announced the launch of its 6 new pulverizers that had up to 52% faster cycle times. P318 P324, and P332 were launched with 360-degree rotation capability and P218, P232, and P224 were fixed secondary models. All the new pulverizers were based on the company’s SpeedBooster technology.
A more comprehensive assessment of new developments by established pulverizing system companies has been mentioned in this latest pulverizing systems industry survey by Fact.MR.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments of Pulverizing Systems Industry Research
-
By Type :
- Hammer
- Ball
- Pin
- Impact
- Attrition
- Fluid Energy Pulverizers
- Others
-
By Capacity :
- Up to 50 HP
- 51 to 100 HP
- 101 to 200 HP
- Above 200 HP
-
By End Use :
- Pharmaceuticals
- Food & Beverages
- Chemicals
- Manufacturing
- Cement & Construction
- Laboratories
- Others
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
- FAQs -
How big is the pulverizing systems market in 2023?
The global pulverizing systems market accounts for a valuation of US$ 1.28 billion in 2023.
What is the future outlook for pulverizing systems?
Worldwide sales of pulverizing systems are expected to reach US$ 2.13 billion by 2033-end.
What is the predicted growth rate of the pulverizing systems market?
Shipments of pulverizing systems are forecasted to rise at 5.2% CAGR from 2023 to 2033.
What are the different types of pulverizers?
Hammer, ball, pin, impact, attrition, and fluid energy pulverizers are some of the key types of pulverizers available in the market.
Where will demand for pulverizing systems soar high?
The chemicals industry is anticipated to drive high demand for pulverizing systems at 6% CAGR across the forecast period.