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Rotary Dryers Market is projected to record a volume CAGR

  • Continuous Rotary Dryer Sales Surge with Advances Enabling Multiple Operational Functionalities, finds Fact.MR study

    According to a new Fact.MR report, global sales of rotary dryers were close to 390 units in 2018, and are estimated to log a 3% Y-o-Y growth in 2019.

    A plethora of aspects influence the rotary dryers industry, ranging from efforts of players to develop products with greater thermal efficiency through recycling of exhaust gases, to growing demand from process industries where reliability and lower sensitiveness to fluctuations in product size are key imperatives.

    The report opines that continuous rotary dryers will remain preferred among end users, with sales in 2018 estimated at approximately 270 units. Elimination of consecutive drying requirements per material load, involved in batch drying processes, and relevant operational cost, have advocated the adoption of continuous rotary dryers among industries.

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    Additionally, advances in continuous rotary dryers such as integration of multiple functions, which range from granulation and coating, to cleaning and classifying, have been favoring the popularity and sales of continuous rotary dryers in recent years.

    According to the report, although the drying technologies have been an essential requirement in the manufacturing processes, the industry is closing in on its maturity in terms of application.

    However, the proliferation of the medical marijuana industry has been paving opportunities for the manufacturers of industrial dryers, which in turn has rubbed off on the development and adoption of rotary dryers to a significant extent. As the demand for industrial hemp drying equipment continues to surge, the rotary dryers industry will continue to witness a sustained growth.

     

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    More Info: https://www.prnob.com/release/show/rotary-dryers-market-is/44536