Continuous Production Facility Expansion Opens Up Attractive Opportunities for Markets
Furthermore, severe government rules governing product quality and specifications in the food and pharmaceutical industries focus attention toward the production process. These industries products are often heat sensitive, requiring the installation of suitable drying equipment. Additionally, rotary dryers are appropriate for other unit processes in this business, such as separation and purification. The expansion of the food and pharmaceutical sectors, as well as the ongoing expansion of production facilities, has resulted in an increase in demand for rotary dryers, which is likely to drive the global rotary dryers’ market.
Versatile Applications in Variety of End-Use Industries is Anticipated to Drive the Market
According to the United States Department of Energy, drying biomass with a moisture level ranging from 50-60% drying to 10% leads to a 50-60% increase in boiler efficiency and a 10-15% increase in steam generation. Furthermore, the use of rotary dryers in municipal waste separation and processing is likely to drive significant demand in the future years. Thus, with the increasing expansion of the end use industry, demand for rotary dryers is likely to rise throughout the forecast period.
However, a rotary dryer is a type of industrial dryer used to eliminate or reduce the moisture content of materials. Single shell rotary dryers are in high demand due to their ability to handle a wide range of materials in a variety of industries. During the forecast period, the ability to customise for specific applications and materials may enhance the demand curve. Reliability, less prone to clogging, longer service life, less energy required, and less off-gas treatment are some of the major factors that may function as driving forces for single shell rotary dryers.
Recent Trends in the Rotary Dryers Industry:
- The industry focuses on improving rotary dryers' energy efficiency through advanced technologies.
- Advanced automation and smart controls enhance drying precision, real-time monitoring, and maintenance.
- Rotary dryers are now modular and customizable, offering flexible configurations for diverse needs.
- The industry is enhancing rotary dryers with renewable energy, eco-friendly materials, and reduced emissions.
- New technologies enhance heat transfer in rotary dryers, improving uniform drying and efficiency.
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Several Potential Barriers for Rotary Dryer Manufacturers are Hindering Market Expansion
Product penetration is likely to decline in the coming decades due to limited use of renewable heating sources such as wind, solar power, and electric energy for rotary dryers. Due to rising fuel costs throughout the world, this is anticipated to have an impact on demand for rotary dryers from end-use sectors. The limited use of renewable energy as a heating source is seen as the most significant obstacle that can limit product adoption in the coming years. However, rising R&D investments from manufacturers are projected to accelerate the implementation of renewable energy sources for rotary dryers in the future.
New Pyrolysis Plant to Transform Plastic Waste and Drive Rotary Dryer Demand Expansion
In addition, in October 2023, General Kinematics, a leading vibratory equipment manufacturer based in Crystal Lake, Illinois, marked a milestone with the completion of a 42,000-square-foot expansion of their manufacturing facility. This new space, featuring high bay ceilings for 80-ton cranes and additional storage, enhances their ability to meet growing customer demands across the foundry, recycling, mining, and aggregate sectors. Following recent acquisitions and the launch of GK Systems, the expansion supports their commitment to delivering advanced, integrated solutions and has led to the hiring of 15 new employees, with plans for further recruitment.
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Strong Infrastructure Development in the North American Region Drives Market Growth
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Finland, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Vietnam, Thailand, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Algeria, Israel, Iran, Kenya, Rest of MEA |
Rotary Dryers Market Research Report Covers In-depth Analysis on:
- Rotary dryers market detailed segments and segment-wise market breakdown
- Rotary dryers market dynamics (Recent industry trends, drivers, restraints, growth potential, opportunities in rotary dryers industry)
- Current, historical and forthcoming 10 years market valuation in terms of rotary dryers market size (US$ Mn), volume (Units), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Rotary dryers market demand analysis
- Rotary dryers market pricing analysis over forecast period (by key segment and by region)
- Rotary dryers’ market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in rotary dryers market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in rotary dryers market
- Rotary dryers market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on rotary dryers market forecast by countries
- Mergers and acquisitions in rotary dryers market
- Essential information to enhance market position
- Robust research methodology