Powder Processing Equipment Market as far as the worth is assessed to enlist 6.47% CAGR during the conjecture time frame.
Developing reception of computerization, developing advancement underway innovation, and an expansion sought after from end-client enterprises are also expected to drive the interest in powder handling hardware in Europe. Additionally, there is a huge degree of homegrown interest in pastry kitchen items, espresso, tea, flavours, and prepared dinners. The rising worldwide meat utilization likewise helps request.
Germany's plentiful farmland makes it an ideal place for the venture. As indicated by the German Mechanical Engineering Industry Association (VDMA), Germany's modern robotization arrangements turnover for 2017 was almost USD 8.0 billion (EUR 7.2 billion). The UK is home to numerous worldwide food and drink makers. The UK has more than 7,000 food and beverage producing organizations.
Moreover, the European Additive Manufacturing Group centres around added substance fabricating innovation, with an extraordinary spotlight on metal powder-based items through leading exploration programs, studios, benchmarking, and information trade.
North America is a significant producer of food items which incorporate treats, cakes, milk powder, dietary items, ginger powder, and different items. Moreover, developing interest in coconut-based items and drinks and developing interest in coconut milk powder and reception of handled chocolate items, milkshakes, and jams are also expected to drive the development of the powder handling gear market in the locale.
The developing drug industry combined with developing interest for pills, tablets, containers, vials, treatments, and powders is also expected to bring about the ascent popular for powder handling gear in the pharma area.
The growth of market players is dependent on market conditions, end-use industry growth, and technology developments. Thus, the vendors should consider focusing on expanding geographically and improving product quality. Hosokawa Micron Corporation, Baker Perkins Limited, Syntegon Technology GmbH, Hänsel Processing GmbH, Sollich UK Ltd, Dongsun Powder Processing Equipment Co., Ltd, Sanovo Technology Group, Powder Process-Solutions, Bepex International LLC, British Rema, Classifier Milling Systems, Powder Systems Corporation, Charles Ross & Son Company, Guilin Hongcheng Mining Equipment Manufacture Co., Ltd, and Kemutec are the key companies in this market, who compete based on market presence, product specifications, quality, and price.
The Global Market for Powder Processing Equipment is segmented based on Technology and End Use. On the basis of technology, the global powder processing equipment market is segmented into mixing and blending, drying and cooling, sintering, compaction/punches and dies, and others. The mixing and blending segment held the largest market share in 2018. The mixers and blenders are bulk processing equipment designed to mix or blend heterogeneous materials to form a homogeneous end-product. Such equipment are used in processing and manufacturing facilities to mix foods, chemicals, pharmaceuticals, household products, plastics, and minerals. The mixing equipment offer numerous advantages such as minimal damage to the powder particles, ease of discharge with low amount of residue, swift mixing with low energy consumption, and ease of cleaning by using multiple products. Growth of food & beverage and pharmaceutical industry is driving the demand for mixing and blending powder processing equipment.
On the basis of End Use, the global powder processing equipment market is segmented into chemical, pharmaceutical, cosmetic, food & beverage, material, metal, and others. The food & beverage segment held the largest market share in 2018. The powder processing equipment used in applications in food & beverage industry, including production and processing of cocoa, collagen peptides, dairy, flavors, confectionaries, food colorants, gelatin, infant formula, insects, instant soup, meat proteins, and others. Cocoa processing primarily uses the mixing equipment to enable effective and gentle mixing of chocolate and cocoa powder with other ingredients such as sugar, vitamins, minerals, and sodium ascorbate while the dairy application uses the powder processing equipment in a number of sanitary finishes suitable for mixing preparations, such as reconstructed milk, yogurt mixes, and ice cream mixes. Mixing, blending, compacting, drying, and cooling equipment are the types of powder processing equipment mostly used in the food & beverage industry.
By Region, the Global Powder Processing Equipment Market is segmented into North America, Asia-Pacific, Europe and Rest of World Europe.
Global Powder Processing Equipment Market, by Region, 2018
Source: MRFR Analysis
Asia-Pacific is comprised of China, Japan, India, and the rest of Asia-Pacific. Asia-Pacific is an emerging and leading market for powder processing equipment due to an increase in foreign direct investments in manufacturing industries, growing manufacturing base, and rising end-use industries, such as pharmaceutical, food & beverage, and construction. China accounted for highest share of the market due to an increase in production, advancements in manufacturing facilities, and the growing demand for processing equipment in industries. According to the World Bank, in 2017, China’s manufacturing industry added a value of USD 3.59 trillion to its economy, which is the highest in the world. The economy of China is witnessing tremendous growth owing to the manufacturing and processing industries, which is expected to continue during the forecast period. Japan, India, and other countries in Asia-Pacific have been registering substantial growth in the powder processing equipment market. The growth of the pharmaceutical and food industries in such countries is primarily driven by the increase in consumption of processed food and the growing demand for tablet processing equipment. Such factors are expected to drive the growth of the powder processing equipment market in Asia-Pacific during the forecast period.
North America is the home of two of the world's largest mining countries, the US and Canada. The increase in the exploration activities and the high demand for precious and base metals are expected to drive the growth of the mining and construction industry in North America and lead to the increased demand for powder processing equipment in the region.
The primary factors that drive the growth of powder processing equipment in the region are the growing food and beverage industry and the rapid development of the medical and healthcare industry. The rise in demand for energy-efficient manufacturing techniques and the growing demand for high production volume within less time are further expected to drive the demand for powder processing equipment. In the US and Canada, there is growing adoption of powder processing equipment in manufacturing plants and increasing installation of processing equipment in the food, chemical, pharmaceutical, and metal industries. The presence of key powder processing equipment manufacturers drives the demand for powder processing equipment in the country. Such factors are expected to drive the growth of the powder processing equipment market in North America during the forecast period.
The Global Market for Powder Processing Equipment has been segmented on the basis of technology and region. The continuously increasing demand from pharmaceutical, food & beverage and material industries is expected to drive the demand for the mutiple powder processing equipment during the forecast period. Types of powder processing equipment primarily used by the pharmaceutical industry include mixing, blending, punches and dies, powder handling, drying, and cooling equipment. The powder processing equipment are also used in the cosmetic end use sector as carrier systems of cosmetic ingredients, to achieve the desired consistency and texture in lotions, creams, make-up, hair conditioners, and other products. The very high demand for powder processing equipment for mixing, blending, drying and cooling, and compaction is expected to drive the demand from food & beverage segment.
|Market Size||2030 : Significant value|
|CAGR||6.47% CAGR (2022-2030)|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Technology, and End-Use|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Hosokawa Micron Corporation, Baker Perkins Limited, Syntegon Technology GmbH, Hänsel Processing GmbH, Sollich UK Ltd, Dongsun Powder Processing Equipment Co., Ltd, Sanovo Technology Group, Powder Process-Solutions, Bepex International LLC, British Rema, Classifier Milling Systems, Powder Systems Corporation, Charles Ross & Son Company, Guilin Hongcheng Mining Equipment Manufacture Co., Ltd, and Kemutec|
|Key Market Opportunities||
|Key Market Drivers||
The market advancement rate during the evaluation period is anticipated to be 6.47%, says MRFR.
The soaring use of automation, rising advancements in production technology, and the mounting demand across end-user industries make Europe a lucrative market for powder processing equipment.
The key technologies listed in the market study are drying and cooling, mixing and blending, compaction/punches and dies, sintering, and more.
The market value by 2025 is expected to be USD 22.65 billion.
The primary end-users in the worldwide market include Metal, Cosmetic, Food & Beverage, Pharmaceutical, Chemical, Material, and more.
The leading players in the market are Hosokawa Micron Corporation, Baker Perkins Limited, Syntegon Technology GmbH, Hänsel Processing GmbH, Sollich UK Ltd, Dongsun Powder Processing Equipment Co., Ltd, Sanovo Technology Group, Powder Process-Solutions, Bepex International LLC, British Rema, Classifier Milling Systems, Powder Systems Corporation, Charles Ross & Son Company, Guilin Hongcheng Mining Equipment Manufacture Co., Ltd, and Kemutec.