Global Hopper Dryers Market, By Capacity (Less than 100 KG, 100 KG to 500 KG, More than 500 KG), By

Published Date: | Report Code : EQ1958556

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The Hopper Dryers Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Increase in the demand of plastic products during the forecast period.

Hopper dryer, also known as a hot air dryer, is dryer which uses the hot air which flows through the hopper as a drying agent. These dryers are most popularly used for removing moisture from the pellets of plastic resin prior to melting them. These dryers are highly efficient and the possibility of moisture being absorbed is eliminated.

Segment Analysis:

This market is segmented into capacity and application.

Based on the capacity, it is segmented into less than 100 KG, 100 KG to 500 KG, and more than 500 KG. The more than 500 KG segment is leading as it is being used in injection molding and extrusion machines.

On the basis of the application, it is segmented into an extrusion machine, injection molding machine, and blow molding machine. Among these, the injection molding machine is leading due to the rise in manufacture of plastic products.

Key Factors Impacting Market Growth:

  • Increase in the demand of plastic products

  • Increasing demand for energy efficient machinery

Regional Outlook:

Major regions for hopper dryer market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for hopper dryer owing to strong presence of industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be increase in the demand of plastic products. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing transition in terms of product development and production methods. These factors are expected to drive the demand for hopper dryer market in the North America and Western Europe region. Major markets by country in these regions include US, Germany, France, UK, Canada, Spain, and others. Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, increase in the demand of plastic products are estimated to register high demand for hopper dryer market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of hopper dryer market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for hopper dryer market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Motan Colortronic, Novatec Inc., ACS Group, Conair, Dri-Air Industries Inc., Shini Plastics Technologies Inc., Kenplas Industry Ltd., and Summit Systems

Market Segmentation:

By Capacity:

  • Less than 100 KG

  • 100 KG to 500 KG

  • More than 500 KG

By Application:

  • Extrusion Machine

  • Injection Molding Machine

  • Blow Molding Machine

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Capacity

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Capacity

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Capacity

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Capacity

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Capacity

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Capacity

    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global hopper dryers market on regional and global basis

  • Unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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