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Rotary Dryers Market Insights Covering Market Dynamics and Competitive Scenario through 2027

September 26, 2019 by Amanpreet  

In Brief:


        
  • The rotary dryers market registered a sluggish 2.6% CAGR during the period 2013 to 2018, impacted by the economic slump that led to a drastic decline in new equipment production and sales.

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  • In 2018, value of the rotary dryers industry was upward of US$ 500 Mn, and is estimated to record a Y-o-Y growth at over 3% in 2019. Advances in technology, alongside steady permeation of Industry 4.0 and connected technologies, have gradually expanded the application scope of rotary dryers in recent years.

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  • Asia-Pacific will continue to remain most attractive as well as the high-growth market for rotary dryers. Government initiatives to boost the manufacturing growth through relaxations in foreign direct investments, in countries such as India, underpin the lead of Asian nations in the rotary dryers landscape.

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  • A key trend gaining sheer momentum in the rotary dryers market is the preference for continuous dryers among end-users, in light of their relatively improved suitability for non-sticky, granular, and free-flowing materials


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What are Key Growth Drivers of the Rotary Dryers Market?

        
  • Essentiality of rotary dryers in the food and pharmaceutical industry, for maintaining a superior functional value and product quality, has significantly underpinned their adoption.

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  • Recent years have witnessed a notable rise in new equipment sales in the rotary dryers industry, favored by stringent government guidelines for various industrial processes abreast sustainability-driven efforts of players to abate their environmental footprint.

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  • The sustainability-driven efforts of players has further led to the adoption of renewable power sources for rotary dryers, such as solar energy. Such developments are further rubbing off on new equipment sales in the rotary dryers landscape.

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  • Rotary dryers will continue to witness sustained adoption owing to their convenience in process industries, and relatively greater reliability under highly arduous operating conditions.

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  • The permit for use of highest possible drying temperatures in the design of rotary dryers, and lower sensitiveness to wider fluctuations in the product size, are key benefits of rotary dryers that favor their adoption across industries.


What are Key Challenges Faced by Companies in Rotary Dryers Market?

        
  • Stringent regulations regarding environment concerns and high cost of rotary dryers are key aspects confining their adoption to large-scale contractors. This has further led small contractors to go for equipment rental, rather buying new rotary dryers.

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  • Rotary dryers are associated with extensive post-processing operations for curtailing the emission of thick fumes, which entails dispensation cost, adding to the overall cost of operations.


Rotary Dryers Market: Competitive Landscape

ThyssenKrupp AG, headquartered at Essen, Germany, operates in areas of materials services, industrial solutions, elevator technology, and components technology. The company offers a wide range of effective solutions for drying minerals through direct/indirect process. Rotary dryers of ThyssenKrupp are reliable for high throughputs, and are always customized to customer requirements.

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GEA Group is a leading developer and producer of process technology & components for food processors worldwide. Headquartered at Düsseldorf - Germany, GEA Group operates in two segments, namely, business area solutions and business area equipment. The range of rotary dryers by GEA are advocated for their high reliability for use in process industries and in arduous operating conditions.

Metso Corporation, is a leading provider of equipment & services to process, recycling, aggregates and mining industries worldwide. The company, headquartered in Helsinki, Finland, operates via two segments, namely, flow control and minerals. Metso’s range of rotary dryers feature their patented rotary air seal, under the trade names – SUPERDEAL and GOODEAL. Over 4000 rotary dryers and coolers have been supplied by the Metso Pyro Division across the world.

Carrier Vibrating Equipment, Inc. is a leading designer and manufacturer of material handling equipment. Based in Louisville, Kentucky, Carrier Vibrating Equipment Inc. has manufacturing facilities in China and Belgium, along with licenses in Sweden, India, Japan, and Australia. Carrier Vibrating Equipment Inc., also offers a wide range of industrial drying solutions, including sand/aggregate dryers, and dryers/coolers with recirculation and multi-point predictive controls, which feature reliable design and process flexibility.

Changzhou Fanqun Drying Equipment Co. Ltd., continues to remain a leading drying equipment manufacturer. The company offers a broad spectrum of industrial dryers that are customized with respect to their customer requirements, and are well-suited for application in various industries including chemical products, food products, pilot test dryer, and pharmaceutical products.

Key players operating in the rotary dryers market include INGETECSA, Scott Equipment Company, Mitchell Dryers Ltd., SINGHASINI DRY CHEM, FLSmidth Group, Anivi Ingenieria SA, YAMATO SANKO MFG. CO. LTD., and FEECO International, Inc.

Additional Insights

Large Rotary Dryers to Spearhead Sales, While Traction of Medium Variants Picks Pace

End users continue to show a marked preference for large rotary dryers with capacity of over 1 ton, accounting for over 50% gains. Meanwhile, the medium rotary dryers, with capacity between 300 kg to 1 ton, have witnessed a notable growth in adoption, attributed in part to rising palpability of SMEs in developing markets, and the advent of continuous rotary dryers. Relatively compact nature of medium rotary dryers along with their affordability vis-à-vis operational benefits, will continue to favor their sales.

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