Rockville, April 06, 2023 (GLOBE NEWSWIRE) -- Fact.MR has provided detailed information about the price points of key manufacturers of rotary dryer positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Fact.MR – A Market Research and Competitive Intelligence Provider: According to the latest report published by Fact.MR - a market research and competitive intelligence provider, the global rotary dryer market is expected to surpass the market valuation of US$ 2,064 million by 2032.
North America followed by South Asia & Oceania have captured the significant share of global re venue market share. North America is expected to surpass the valuation of US$ 530 million by 2032 end and register a CAGR of around ~5.5% over the assessment period. Whereas, Europe is projected to witness the highest CAGR of more than 5.5% across all prominent regions.
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Continuous rotary dryer type has the highest demand and accounted for around 68% of market share. It has use case in diverse application across multitude end use. Continuous rotary dryer offers ease in automation and requires less floor area resulting to significantly reduce the operational cost.
The global rotary dryer market is fragmented in nature owing to the multiple regional manufacturers across East Asia, South Asia and Europe. Increasing penetration of regional players may hinder the equilibrium of market in coming years. However, growing end use industries are likely to uphold the demand trajectory of market over the assessment period.
Key Takeaways from Market Study
- Electricity heating source is poised to grow with the ~5.9% CAGR and reach the market valuation of US$ 406.8 million by 2032
- Direct heated rotary drum is poised to grow with the ~4.83% CAGR by the end of forecast period and reach the market value of US$ 1525.4 million in 2032
- Chain & sprocket drive is poised to grow with around ~4.9% CAGR by the end of forecast period and reach the market value of US$ 573.1 million
- 15-30 m in drum length is having the highest demand and grow with around ~5.1% CAGR during the forecast period
- 1.5 -3 m as drum diameter is having the highest demand and grow with around ~4.3% CAGR during the forecast period
“The Sales for Rotary Dryer is Mounting due to the Widening Industrialization across the Globe which may Further Boost the Demand,” says a Fact.MR analyst.
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Competitive Landscape
Rotary dryer manufacturers are ANDRITZ AG, Anivi Ingenieria SA, Applied Chemical Technology (ACT), Baker-Rullman Manufacturing, Boardman LLC, Changzhou Fanqun Drying Equipment Co. Ltd., Comessa, Drytech International, Economy Industrial, FEECO International, Inc., FLSmidth Inc, GEA Group, General Kinematics, Hazemag, Heyl Patterson Thermal Processing, KURIMOTO, LTD, Louisville Dryer Company, Metso Corporation, Mitchell Dryers Ltd., Schenck Process Holding GmbH, SWISS COMBI, The Onix Corporation, ThyssenKrupp AG and Westpro Machinery.
Market players have developed long term collaboration with end use industries in order to streamline the supply chain. Also, the tenders from government agencies are captured by leading players which are contracted for 4-5 years, involving installation, maintenance and replacement of rotary dryer. Leading players are constantly increasing their geographical presence through capturing local and region distributors across promising geographies.
- In July. 2021 DTG Recycle, has announced the acquisition of Cascade Recycling's assets for an undisclosed price. Cascade Recycling provides and services recycling containers and operates a recycling facility. In recycling facility rotary dryer is widely used.
- In Sept. 2021, Atlas Copco strengthened its market presence in France by acquiring AEP, a Paris-based distributor of compressors and provider of service. This would increase company’s presence leading to consistency in demand
Segmentation of Rotary Dryer Industry Research
- By Dryer Type :
- Batch Rotary Dryer
- Continuous Rotary Dryer
- By Drum Design :
- Single Shell
- Multi Shell
- Double Shell
- Triple Shell
- By Drum Diameter :
- Up to 1.5 M
- 1.5-3 M
- 3-6 M
- Above 6 M
- By Drum Length :
- Up to 15 m
- 15-30 m
- 30-50 m
- Above 50 m
- By Capacity :
- Up to 10 Tons/hr
- 10-50 Tons/hr
- 50-100 Tons/hr
- 100-250 Tons/hr
- 250-500 Tons/hr
- Above 500 Tons/hr
- By Drive Type :
- Chain & Sprocket Drive
- Gear & Pinion Drive
- Friction Drive
- Direct Drive
- By Heating Type :
- Direct Heated
- Counter Current (Counter Flow)
- Co-Current Flow (Parallel Flow)
- Indirect Heat
- Direct Heated
- By Heating Source :
- Fuel Oil
- Natural Gas/Propane
- Waste Heat
- Biogas
- Electricity
- By Application :
- Aggregates
- Agricultural By-Products
- Animal Feeds
- Biomass
- Chemicals
- Fertilizers
- Minerals & Ores
- Plastic and Polymer
- Salts & Sugars
- Waste & Sewage Sludge
- Others
- Indirect Heat
- By Material :
- Steel
- Carbon Steel
- Stainless Steel
- Abrasion Resistant (AR) Steel
- Specialist Alloys
- Steel
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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Market Development
Tier-1 manufacturers across the globe are primarily focused towards the product advancement by integrating automation. Collaborating and acquiring regional players to widen their customer reach and mitigate the regional price clusters which may aid to acquire larger share of market over medium and long term forecast period.
There are less substitutes for rotary dryers. Whereas, conventional technology segment such as batch rotary dryers were used few decades back. High technological advancement and surging R&D expenditure is attributed to introduce new technologies in the market during the forecast period.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global rotary dryer market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of dryer type (batch rotary dryer, continuous rotary dryer), by drum design (single shell, multi shell (double shell, triple shell)), by drum diameter (up to 1.5 m, 1.5-3 m, 3-6 m, above 6 m), by drum length (up to 15 m, 15-30 m, 30-50 m, above 50 m), by capacity (up to 10 tons/hr, 10-50 tons/hr, 50-100 tons/hr, 100-250 tons/hr, 250-500 tons/hr, above 500 tons/hr), by drive type (chain & sprocket drive, gear & pinion drive, friction drive, direct drive), by heating type (direct heated (counter current or counter flow, co-current flow or parallel flow), indirect heat), by heating source (fuel oil, natural gas/propane, waste heat, biogas, electricity), by application (aggregates, agricultural by-products, animal feeds, biomass, chemicals, fertilizers, minerals & ores, plastic and polymer, salts & sugars, waste & sewage sludge, others), by material (steel (carbon steel, stainless steel, abrasion resistant steel), specialist alloys) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).
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