Vacuum Dryer Market by Type (Vacuum Freeze Belt Dryer, Vacuum Drying Cabinets, Pilot Vacuum Dryer, Rotary Vacuum Dryer, Others), End-Use Industry (Pharmaceutical, Food & Beverage, Chemical, Plastic, Others), and Region – Global Forecast to 2022
- Report Code: CH 1984
- Publish Date: Upcoming
Drying is an important operational process in the most energy-intensive unit, due to the high latent heat of vaporization of water and the inherent inefficiency of using hot air as the drying medium. Depending upon the nature of the product, different industry sectors require different types of drying technology.
Vacuum dryer is a drying equipment which is required by the various end-use industries to remove the moisture from various substances in order to get a solid finished product. One of the key advantages of a vacuum dryer is that it requires less energy for drying which results in cutting down of the associated costs for storage, sale, and others. In comparison to other drying technologies; vacuum drying is the faster process.
Globally, the vacuum dryer market is projected to grow at a CAGR of 7.5% during the forecast period. It is projected to reach up to the value of USD 872.1 million by 2022. The overall APAC region has witnessed a robust growth in the vacuum dryer market as many North American and European pharmaceutical drug manufacturers find it more cost-effective to outsource their manufacturing processes to Asian manufacturers or set up their own manufacturing facilities in Asian countries.
The market has been segmented on basis of by type such as vacuum freeze belt dryer, vacuum drying cabinets, pilot vacuum dryer, rotary vacuum dryer, and others.
Pharmaceutical and food & beverage are the largest end-use industries in the global market. Vacuum drying tends to retain the quality of the product. For pharmaceutical and food & beverage sectors maintaining the quality of the product is very important. The other drying process may affect the quality and make the product look less appealing. Hence, there is a high demand of vacuum dryer by these industries.cutting down on the economic and environ-mental costs associated with drying a product for storage, sale or other purposes.
Competitive scenarios of the top players in the vacuum dryer market have been discussed in detail. Leading players of this industry with their recent developments and other strategic industry activities are also covered in the report. Companies operating in the global vacuum dryer market include Bucher Unipektin, Okawara Chronicle, De Dietrich Process Systems, Italvacuum Srl, Mcgill Air Pressure LLC, Mitchell Dryers Limited, and Hosokawa Micron B.V. among various other players.
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