1 Followers
25 Following
factmr

factmr

Flash Dryers Market will reach nearly US$ 1,200 Mn in revenues by 2028

Flash dryers have gained paramount importance as an inexpensive solution to drying of granular materials and powders, with prominent manufacturers introducing systems that can withstand higher temperatures. Shorter material retention time is a key aspect which has driven product developments that feature greater temperature resistance. Key players in the flash dryers market have launched several equipment variants integrated with sophisticated techniques to ensure smooth material and hot air feeding into the main chamber.

 

A recent study of Fact.MR foresees the flash dryers market to record a moderate 3.4% CAGR through 2028, as the flash dryers market is almost at its mature stage. Medium-sized flash dryers have been envisaged to record a relatively faster value sales growth during the period 2018 to 2028. Faster sales of medium-sized flash dryers can be attributed to the advent of continuous spin flash dryers, particularly for small- and medium-sized industries that are showcasing a surge in emerging markets, where opportunities for industrial growth is abundant. Despite relative dominance of medium-sized flash dryers in terms of value sales, large-sized flash dryers will continue to subjugate the flash dryers market in terms of revenues.

 

Asia-Pacific (APAC) continues to hold leading shares of the flash dryers market. APAC’s supremacy, in terms of both value and volume, in the flash dryers market can be attributed to growing occupancy of food industries, particularly in India and China. According to the Food and Agriculture Organization (FAO), China is the largest producer of tea, trailed by India in APAC. Tea processing industries pose a significantly positive influence on demand for flash dryers in these countries. Additionally growing focus on high-quality processed food, along with incessant rise in total regional food production, will continue to underpin growth of the flash dryers market in APAC.

 

You can Get Free Sample Report Here @ https://www.factmr.com/connectus/sample?flag=S&rep_id=1600