Market Forecast By Product (Direct Dryers, Indirect Dryers, Specialty Dryers), By Type (Rotary Dryers, Fluidized Bed Dryers, Spray Dryers, Flash Dryers, Conveyor Dryers, Drum Dryers, Freeze Dryers), By Applications (Food, Pharmaceutical, Fertilizer, Chemicals, Cement, Others) And Competitive Landscape
Product Code: ETC049395 | Publication Date: Jan 2021 | Updated Date: Apr 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Australia Industrial Dryers Market |
Forecast period | 2024-2030 |
CAGR | 4.15% |
Growing Sector | Food and Beverage |
The Australia Industrial Dryers Market report thoroughly covers the market by product, by type and by applications. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia Industrial Dryers Market is projected to attain steady growth in the coming years driven by the increasing demand from agriculture and various industries such as chemicals, mining and minerals. The market is also going through certain challenges that can hamper its growth to a certain extent in the near future.
According to 6Wresearch, the Australia Industrial Dryers Market size is expected to grow at a significant CAGR of 4.15% during the forecast period 2024-2030. This growth is propelled by the demand from agriculture and various industries such as chemicals, mining and minerals. Different types of industrial Dryers are used in different industries such as vacuum Dryers in biological products and the food sector, fluidized bed Dryers in fertilizers, pesticides, and ceramics, sprayers in antibiotics, vitamins, and catalyst support and rotary Dryers in fertilizers, this will drives the market growth of industrial Dryers market. Industrial Dryers are used to remove moisture from bulk materials, powders, granules, and liquid slurry, enabling efficient processing, storage and transportation of goods. These factors will influence the Australia Industrial Dryers Market Growth.
Some of the challenges include high operational cost and usage cost, environmental concerns and government regulations. Industrial Dryers tend to have higher installation costs compared to other products, which hampers the market growth. The industrial Dryers consumes 10%-20% more of energy as compared to other units in the industry. Another significant challenge is optimizing drying processes for different materials and applications while minimizing energy consumption and environmental impact.
Some of the key players operating in the Australia Industrial Dryers market include Atlas Copco AB, Gardner Denver Holdings Inc. and Ingersoll-Rand plc. These companies are investing heavily in research and development activities and innovating new products to cater to the growing demand for Industrial Dryers. Currently, Atlas Copco AB. holds the largest share in the industrial Dryers market in Australia. This can be attributed to their wide range of products and strong global presence.
Government regulations play a significant role in the Australia Industrial Dryers Market. Government policies for the Australian Industrial Dryers Market address issues such as energy efficiency, emissions reduction, and workplace safety. Regulations regarding equipment standards, emissions controls and occupational health are being enforced. Additionally, support for research and development in Dryers technologies, as well as incentives for technology upgrades and adoption of clean energy solutions, could be introduced to promote innovation and sustainability in the industrial Dryers industry. Industrial Dryers must comply with electrical safety standards established by the government.
Several factors will shape the future of the market.There will be a growing emphasis on sustainability and energy efficiency, there will be increased demand for energy-efficient industrial Dryers. Manufacturers will focus on developing and integrating advanced technologies such as heat recovery systems, variable frequency drives (VFDs), and smart controls to optimize energy consumption and reduce operating costs. There will be Increasing demand for customized conveyor Dryers solutions tailored to the unique requirements of specific industries, reflecting a shift towards specialized applications.
According to Dhaval, Research Manager, 6Wresearch, direct Dryers is expected to witness the highest growth in the Australian industrial Dryers market. These Dryers work by directly exposing the material to be dried to a hot air stream or gas stream, resulting in faster and more efficient drying.
On the basis of Type, the spray Dryers segment is expected to witness the highest growth in the Australian industrial Dryers market. These Dryers work by atomizing liquid feed into small droplets and exposing them to hot air, resulting in quick evaporation of moisture.
On the basis of Applications, the food industry is expected to drive the market growth for industrial Dryers in Australia. With a growing demand for processed and packaged food products, there is a need for efficient drying solutions to maintain product quality and increase shelf life
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Industrial Dryers Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Industrial Dryers Market Revenues & Volume, 2020 & 2030F |
3.3 Australia Industrial Dryers Market - Industry Life Cycle |
3.4 Australia Industrial Dryers Market - Porter's Five Forces |
3.5 Australia Industrial Dryers Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Australia Industrial Dryers Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Australia Industrial Dryers Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Australia Industrial Dryers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Industrial Dryers Market Trends |
6 Australia Industrial Dryers Market, By Types |
6.1 Australia Industrial Dryers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Industrial Dryers Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Australia Industrial Dryers Market Revenues & Volume, By Direct Dryers, 2020-2030F |
6.1.4 Australia Industrial Dryers Market Revenues & Volume, By Indirect Dryers, 2020-2030F |
6.1.5 Australia Industrial Dryers Market Revenues & Volume, By Specialty Dryers, 2020-2030F |
6.2 Australia Industrial Dryers Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Industrial Dryers Market Revenues & Volume, By Rotary Dryers, 2020-2030F |
6.2.3 Australia Industrial Dryers Market Revenues & Volume, By Fluidized Bed Dryers, 2020-2030F |
6.2.4 Australia Industrial Dryers Market Revenues & Volume, By Spray Dryers, 2020-2030F |
6.2.5 Australia Industrial Dryers Market Revenues & Volume, By Flash Dryers, 2020-2030F |
6.2.6 Australia Industrial Dryers Market Revenues & Volume, By Conveyor Dryers, 2020-2030F |
6.2.7 Australia Industrial Dryers Market Revenues & Volume, By Drum Dryers, 2020-2030F |
6.3 Australia Industrial Dryers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Australia Industrial Dryers Market Revenues & Volume, By Food, 2020-2030F |
6.3.3 Australia Industrial Dryers Market Revenues & Volume, By Pharmaceutical, 2020-2030F |
6.3.4 Australia Industrial Dryers Market Revenues & Volume, By Fertilizer, 2020-2030F |
6.3.5 Australia Industrial Dryers Market Revenues & Volume, By Chemicals, 2020-2030F |
6.3.6 Australia Industrial Dryers Market Revenues & Volume, By Cement, 2020-2030F |
6.3.7 Australia Industrial Dryers Market Revenues & Volume, By Others, 2020-2030F |
7 Australia Industrial Dryers Market Import-Export Trade Statistics |
7.1 Australia Industrial Dryers Market Export to Major Countries |
7.2 Australia Industrial Dryers Market Imports from Major Countries |
8 Australia Industrial Dryers Market Key Performance Indicators |
9 Australia Industrial Dryers Market - Opportunity Assessment |
9.1 Australia Industrial Dryers Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Australia Industrial Dryers Market Opportunity Assessment, By Type, 2020 & 2030F |
9.3 Australia Industrial Dryers Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Australia Industrial Dryers Market - Competitive Landscape |
10.1 Australia Industrial Dryers Market Revenue Share, By Companies, 2023 |
10.2 Australia Industrial Dryers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |