Product Code: ETC049384 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The India industrial dryers market import shipment demonstrated robust growth with a CAGR of 18.4% from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024, with a decrease of 1.7%. Overall, the market expanded significantly over the period, showing strong momentum despite a minor dip in the last year.
India industrial dryers market is projected to grow at a CAGR of 6.2% during the forecast period (2025-2031). Industrial drying processes are used for evaporating excess moisture from materials like food, chemicals and minerals. This process ensures that the products retain their characteristics such as color, shape, texture and flavor. Furthermore, these machines can also be used for other purposes such as deodorizing or sterilization of materials prior to packaging or storage. The increasing demand for packaged food in India coupled with stringent government regulations on quality standards is driving the growth of the industrial dryer market in India.
Growing Demand For Packaged Food In India: The growing demand for convenience foods due to rapid urbanization has led to an increased availability of various processed foods across retail stores and supermarkets in India over recent years which has further boosted the need for efficient drying systems thereby propelling the growth of this market significantly. Increasing Investments By Government To Improve Process Efficiency & Product Quality: The Indian government has been making significant investments into infrastructure development initiatives along with providing financial assistance towards research & development activities aimed at improving process efficiency thereby positively impacting this markets expansion prospects over coming years .
High Cost Of Drying Systems And Lack Of Awareness Among Small Industries: The high cost associated with acquiring large scale drying systems coupled with lack awareness among small industries regarding its benefits are limiting its adoption rate within these sectors thus restraining this markets overall growth potential.
Major players operating in global industrial dryers industry include GEA Group AG , SPX Corporation , Carrier Corporation , Vulcan Drying Systems LLC , Witte Company Inc., De Dietrich Process System Inc., Rotomec SRL etc .
The spread of Covid-19 pandemic has resulted into disruption in supply chain network resulting into minimized production capacity leading towards reduced sale figures however once normalcy resumes it is likely that there will be noticeable recovery within sales figures owing to rise in consumer spending capabilities.
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 India Industrial Dryers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Dryers Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Dryers Market - Industry Life Cycle |
3.4 India Industrial Dryers Market - Porter's Five Forces |
3.5 India Industrial Dryers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Industrial Dryers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Industrial Dryers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Industrial Dryers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for industrial dryers in sectors such as food processing, pharmaceuticals, and chemicals |
4.2.2 Technological advancements leading to enhanced efficiency and productivity of industrial dryers |
4.2.3 Growing emphasis on environmental sustainability driving the adoption of energy-efficient industrial dryers |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with industrial dryers |
4.3.2 Intense competition among market players leading to pricing pressures |
4.3.3 Volatility in raw material prices impacting the manufacturing cost of industrial dryers |
5 India Industrial Dryers Market Trends |
6 India Industrial Dryers Market, By Types |
6.1 India Industrial Dryers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Dryers Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Industrial Dryers Market Revenues & Volume, By Direct Dryers, 2021-2031F |
6.1.4 India Industrial Dryers Market Revenues & Volume, By Indirect Dryers, 2021-2031F |
6.1.5 India Industrial Dryers Market Revenues & Volume, By Specialty Dryers, 2021-2031F |
6.2 India Industrial Dryers Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Dryers Market Revenues & Volume, By Rotary Dryers, 2021-2031F |
6.2.3 India Industrial Dryers Market Revenues & Volume, By Fluidized Bed Dryers, 2021-2031F |
6.2.4 India Industrial Dryers Market Revenues & Volume, By Spray Dryers, 2021-2031F |
6.2.5 India Industrial Dryers Market Revenues & Volume, By Flash Dryers, 2021-2031F |
6.2.6 India Industrial Dryers Market Revenues & Volume, By Conveyor Dryers, 2021-2031F |
6.2.7 India Industrial Dryers Market Revenues & Volume, By Drum Dryers, 2021-2031F |
6.3 India Industrial Dryers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Dryers Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 India Industrial Dryers Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.3.4 India Industrial Dryers Market Revenues & Volume, By Fertilizer, 2021-2031F |
6.3.5 India Industrial Dryers Market Revenues & Volume, By Chemicals, 2021-2031F |
6.3.6 India Industrial Dryers Market Revenues & Volume, By Cement, 2021-2031F |
6.3.7 India Industrial Dryers Market Revenues & Volume, By Others, 2021-2031F |
7 India Industrial Dryers Market Import-Export Trade Statistics |
7.1 India Industrial Dryers Market Export to Major Countries |
7.2 India Industrial Dryers Market Imports from Major Countries |
8 India Industrial Dryers Market Key Performance Indicators |
8.1 Energy consumption per unit of production |
8.2 Number of new product innovations in the industrial dryer market |
8.3 Adoption rate of energy-efficient industrial dryers |
8.4 Average maintenance costs of industrial dryers |
8.5 Customer satisfaction levels with industrial dryer performance |
9 India Industrial Dryers Market - Opportunity Assessment |
9.1 India Industrial Dryers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Industrial Dryers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Industrial Dryers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Industrial Dryers Market - Competitive Landscape |
10.1 India Industrial Dryers Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Dryers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |