Europe Tray Dryer Market Is Anticipated To Project A Valuation Of Us$ 290.2 Million In 2023

The detailed research report on the Europe Tray Dryers Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes note of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.

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The research report on the Europe Tray Dryers Market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market.

Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into.

To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the Europe Tray Dryers Market.

Market Players:

  • MV International
  • Powder Systems Limited
  • Pharma Fab Industries
  • Standard Group of Companies Ltd
  • Shree Bhagwati India Pvt Ltd

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Segmentation of Tray Dryer Industry Research

  • By Mechanism :

    • Thermic Fluid
    • Steam
    • Hot Air
    • Electricity
  • By Tray Dryer Cabinets :

    • Batch
    • Semi-Continuous
    • Cross Flow Dryers
  • By Capacity :

    • 12 to 24 trays
    • 25 to 36 trays
    • 37 to 48 trays
    • 49 to 60 trays
    • 60 and above
  • By Size :

    • Small
    • Medium
    • Large
  • By Dryer Type :

    • Fully-Automatic
    • Semi-Automatic
  • By Application :

    • Pharmaceuticals
    • Chemicals
    • Powders
    • Confectionery
    • Wood
    • Plastic Granules
    • Textile
    • Others
  • By Country :

    • Germany
    • UK
    • France
    • Spain
    • Italy
    • NORDICs
    • Portugal
    • Rest of Europe

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Regional Analysis:

What are the factors driving the market’s growth across Germany?

The growing pharmaceutical industry across Germany plays a crucial role in the rising demand for tray dryers, as tray dryers have major applications in drug development.

Germany’s pharmaceutical industry is valued at US$ 99.0 billion and is estimated to grow at a CAGR of 4.9% over the forecast period, due to the presence of major market players in the pharma industry and strong pipeline drugs in Phase III clinical trials. This, in turn, create immense growth opportunities for the market.

Why is the UK tray dryer market expected to be extremely worthwhile?

The growing confectionery sector across the UK amounts to US$ 16.35 billion in 2022 and it is expected to grow annually by 2.48%. Growing confectionary products requires tray dryers to eliminate the loss due to moist or wet products. Thus, the market will witness high demand from the confectionary sector over the assessment period.

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