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Hopper dryers Market, by Product type (Less Than 100KG, 100KG To 500KG, and More than 500KG) and Application (Injection Molding Machine, Extrusion Machine, and Blow Molding Machine): Global Opportunity Analysis and Industry Forecast, 2018 - 2025

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Pages: 190
Nov 2018 | 826 Views
 
Author's : Priyanka Khandelwal
Tables: 83
Charts: 34
 

Hopper dryers Market Overview:

Hopper dryers are installed on injection molding machine, extrusion machine, and blow molding machine. Hopper dryers of different capacities, which include less than 100KG, 100 KG to 500KG, and more than 500KG, are available in the market. The global hopper dryer market size was $421.3 million in 2017, and is projected to reach $576.2 million in 2025, growing at a CAGR of 3.9%.

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Factors such as increase in demand for plastics processing machinery due to increase in demand for plastic products globally is expected to drive the adoption of hopper dryers, thereby boosting the growth of the market. In addition, increased emphasis on use of energy efficient machines is expected to propel the growth of the global hopper dryer industry. Moreover, development in the extrusion machine and upsurge in blow molding machine are estimated to fuel the growth of the hopper dryers market over the coming years. In addition, rise in awareness about energy saving propel the growth of the market. Moreover, the key players have adopted various strategies, such as acquisitions, product launches, and others, to promote their businesses in the global market; for instance, in 2016, Novatec Inc., opened a 35,000-square-foot manufacturing facility in Brookhaven. Through this move, Novatec expanded its business of dryers in North America, thereby leading the market growth. However, the high cost of hopper dryers hampers the growth of the market. On the contrary, technological developments and design advancements offer remunerative opportunities for the market.

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The global hopper dryers market is segmented based on product type, application, and region. Based on product type, the market is fragmented into less than 100 KG, 100 KG to 500 KG, and more than 500 KG. The more than 500 KG segment is anticipated to dominate the global hopper dryers market throughout the study period. The applications covered in the study include injection molding machine, extrusion machine, and blow molding machine. The injection molding machine segment is projected to dominate the global hopper dryers market in the near future.

By Product Type

By product type, the market is segmented into less than 100KG, 100KG to 500KG, and more than 500KG. Among these, the more than 500KG segment holds a dominant position, and is expected to grow at a significant growth rate during the forecast period, owing to increase in deployment of more than 500KG capacity hopper dryers in injection molding machine and extrusion machine.

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By Region

The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Among these, Asia-Pacific holds a significant share in the global hopper dryers market, and is projected to grow at a substantial CAGR, owing to many small and mid-level players operating in countries such as China, Hong Kong, and India.

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Key Benefits for Hopper dryers Market:

  • The study provides an in-depth analysis of the global hopper dryers market along with the current trends and future estimations to elucidate the imminent investment pockets.

  • Information about the key drivers, restraints, and opportunities and their impact analyses on the market is included in the study.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

  • The quantitative analysis of the global hopper dryers market from 2017 to 2025 is provided to determine the market potential.

Hopper dryers Key Market Segment:

By Product type

  • Less than 100 KG

  • 100 KG to 500 KG

  • More than 500 KG

By Application

  • Injection Molding Machine

  • Extrusion Machine

  • Blow Molding Machine

By Region

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • Italy

    • France

    • UK

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia

    • Rest of Asia-Pacific

  • LAMEA

    • Latin America

    • Middle East

    • Africa

Key Market Players Profiled in the Report

  • ACS Group

  • Bry-Air

  • Conair

  • Dri-Air Industries Inc.

  • Kenplas Industry Ltd.

  • Motan Colortronic

  • Novatec, Inc.

  • Shini Plastics Technologies Inc.

  • Summit Systems

  • Yann Bang

 

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. KEY MARKET PLAYERS
1.5. RESEARCH METHODOLOGY

1.5.1. Secondary research
1.5.2. Primary research
1.5.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE HOPPER DRYERS MARKET
2.2. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.3. Top winning strategies, by year, 20162018*
3.2.4. Top winning strategies, by company, 20162018*

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2017
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Rise in demand from plastic processing machinery
3.5.1.2. Increased energy saving through hopper dryers
3.5.1.3. Wide range of benefits offered

3.5.2. Restraints

3.5.2.1. Environmental concerns regarding use of plastic
3.5.2.2. High initial cost of equipment

3.5.3. Opportunity

3.5.3.1. Newer technological and design advancements

Chapter: 4: HOPPER DRYERS MARKET, BY PRODUCT TYPE

4.1. MARKET OVERVIEW

4.1.1. Market size and forecast, by product type

4.2. LESS THAN 100KG

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by country

4.3. 100KG TO 500 KG

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by country

4.4. MORE THAN 500 KG

4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market size and forecast, by country

Chapter: 5: HOPPER DRYERS MARKET, BY APPLICATION

5.1. MARKET OVERVIEW

5.1.1. Market size and forecast, by application

5.2. INJECTION MOLDING MACHINE

5.2.1. Key market trends, growth, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by country

5.3. EXTRUSION MACHINE

5.3.1. Key market trends, growth, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by country

5.4. BLOW MOLDING MACHINE

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market size and forecast, by country

Chapter: 6: HOPPER DRYERS MARKET, BY REGION

6.1. MARKET OVERVIEW

6.1.1. Market size and forecast, by region

6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by product type
6.2.3. Market size and forecast, by application
6.2.4. Market size and forecast, by country

6.2.4.1. U.S.

6.2.4.1.1. U.S. market size and forecast, by product type
6.2.4.1.2. U.S. market size and forecast, by application

6.2.4.2. Canada

6.2.4.2.1. Canada market size and forecast, by product type
6.2.4.2.2. Canada market size and forecast, by application

6.2.4.3. Mexico

6.2.4.3.1. Mexico market size and forecast, by product type
6.2.4.3.2. Mexico market size and forecast, by application

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Europe market size and forecast, by product type
6.3.3. Europe market size and forecast, by application
6.3.4. Europe market size and forecast, by country

6.3.4.1. Germany

6.3.4.1.1. Germany market size and forecast, by product type
6.3.4.1.2. Germany market size and forecast, by application

6.3.4.2. UK

6.3.4.2.1. UK market size and forecast, by product type
6.3.4.2.2. UK market size and forecast, by application

6.3.4.3. France

6.3.4.3.1. France market size and forecast, by product type
6.3.4.3.2. France market size and forecast, by application

6.3.4.4. Italy

6.3.4.4.1. Italy market size and forecast, by product type
6.3.4.4.2. Italy market size and forecast, by application

6.3.4.5. Rest of Europe

6.3.4.5.1. Rest of Europe market size and forecast, by product type
6.3.4.5.2. Rest of Europe market size and forecast, by application

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Asia-Pacific market size and forecast, by product type
6.4.3. Asia-Pacific market size and forecast, by application
6.4.4. Asia-Pacific market size and forecast, by country

6.4.4.1. China

6.4.4.1.1. China market size and forecast, by product type
6.4.4.1.2. China market size and forecast, by application

6.4.4.2. Japan

6.4.4.2.1. Japan market size and forecast, by product type
6.4.4.2.2. Japan market size and forecast, by application

6.4.4.3. Australia

6.4.4.3.1. Australia market size and forecast, by product type
6.4.4.3.2. Australia market size and forecast, by application

6.4.4.4. India

6.4.4.4.1. India market size and forecast, by product type
6.4.4.4.2. India market size and forecast, by application

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Rest of Asia-Pacific market size and forecast, by product type
6.4.4.5.2. Rest of Asia-Pacific market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. LAMEA market size and forecast, by product type
6.5.3. LAMEA market size and forecast, by application
6.5.4. LAMEA market size and forecast, by country

6.5.4.1. Latin America

6.5.4.1.1. Latin America market size and forecast, by product type
6.5.4.1.2. Latin America market size and forecast, by application

6.5.4.2. Middle East

6.5.4.2.1. Middle East market size and forecast, by product type
6.5.4.2.2. Middle East market size and forecast, by application

6.5.4.3. Africa

6.5.4.3.1. Africa market size and forecast, by product type
6.5.4.3.2. Africa market size and forecast, by application

Chapter: 7: COMPANY PROFILE

7.1. ACS GROUP

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio

7.2. BRY-AIR (ASIA) PVT. LTD.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio

7.3. CONAIR

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio

7.4. DRI-AIR INDUSTRIES INC

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Key strategic moves and developments

7.5. KENPLAS INDUSTRY LIMITED

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio

7.6. MOTAN HOLDING GMBH

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio

7.7. NOVATEC INC

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Key strategic moves and developments

7.8. SHINI PLASTICS TECHNOLOGIES, INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio

7.9. SUMMIT SYSTEMS

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Key strategic moves and developments

7.10. YANN BANG ELECTRICAL MACHINERY CO., LTD.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segmentsF
7.10.4. Product portfolio

LIST OF TABLES

TABLE 01. GLOBAL HOPPER DRYERS MARKET REVENUE, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 02. HOPPER DRYERS MARKET, FOR LESS THAN 100KG, BY REGION, 20172025 ($MILLION)
TABLE 03. HOPPER DRYERS MARKET REVENUE, FOR 100KG TO 500 KG, BY REGION, 20172025 ($MILLION)
TABLE 04. HOPPER DRYERS MARKET REVENUE, FOR MORE THAN 500 KG, BY REGION, 20172025 ($MILLION)
TABLE 05. GLOBAL HOPPER DRYERS MARKET REVENUE, BY APPLICATION, 20172025 ($MILLION)
TABLE 06. HOPPER DRYERS MARKET REVENUE, FOR INJECTION MOLDING MACHINE, BY REGION, 20172025 ($MILLION)
TABLE 07. HOPPER DRYERS MARKET REVENUE, FOR EXTRUSION MACHINE, BY REGION, 20172025 ($MILLION)
TABLE 08. HOPPER DRYERS MARKET REVENUE, FOR BLOW MOLDING MACHINE, BY REGION, 20172025 ($MILLION)
TABLE 09. GLOBAL HOPPER DRYERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 10. NORTH AMERICA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 11. NORTH AMERICA HOPPER DRYERS MARKET REVENUE, BY APPLICATION, 20172025 ($MILLION)
TABLE 12. NORTH AMERICA HOPPER DRYERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 13. U.S. HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 14. U.S. HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 15. CANADA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 16. CANADA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 17. MEXICO HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 18. MEXICO HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 19. EUROPE HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 20. EUROPE HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 21. EUROPE HOPPER DRYERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 22. GERMANY HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 23. GERMANY HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 24. UK HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 25. UK HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 26. FRANCE HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 27. FRANCE HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 28. ITALY HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 29. ITALY HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 30. REST OF EUROPE HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 31. REST OF EUROPE HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 32. ASIA-PACIFIC HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 33. ASIA-PACIFIC HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 34. ASIA-PACIFIC HOPPER DRYERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 35. THE CHINA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 36. CHINA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 37. JAPAN HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 38. JAPAN HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 39. AUSTRALIA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 40. AUSTRALIA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 41. INDIA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 42. INDIA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 43. REST OF ASIA-PACIFIC HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 44. REST OF ASIA-PACIFIC HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 45. LAMEA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 46. LAMEA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 47. LAMEA HOPPER DRYERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 48. LATIN AMERICA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 49. LATIN AMERICA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 50. MIDDLE EAST HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 51. MIDDLE EAST HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 52. AFRICA HOPPER DRYERS MARKET, BY PRODUCT TYPE, 20172025 ($MILLION)
TABLE 53. AFRICA HOPPER DRYERS MARKET, BY APPLICATION, 20172025 ($MILLION)
TABLE 54. ACS GROUP: COMPANY SNAPSHOT
TABLE 55. ACS GROUP: PRODUCT CATEGORIES
TABLE 56. ACS GROUP: PRODUCT PORTFOLIO
TABLE 57. BRY-AIR (ASIA) PVT. LTD: COMPANY SNAPSHOT
TABLE 58. BRY-AIR(ASIA) PVT. LTD: PRODUCT CATEGORIES
TABLE 59. BRY-AIR(ASIA) PVT. LTD: PRODUCT PORTFOLIO
TABLE 60. CONAIR: COMPANY SNAPSHOT
TABLE 61. CONAIR: PRODUCT CATEGORIES
TABLE 62. CONAIR: PRODUCT PORTFOLIO
TABLE 63. DRI-AIR INDUSTRIES INC: COMPANY SNAPSHOT
TABLE 64. DRI-AIR INDUSTRIES INC: OPERATING SEGMENTS
TABLE 65. DRI-AIR INDUSTRIES INC: PRODUCT PORTFOLIO
TABLE 66. KENPLAS INDUSTRY LIMITED: COMPANY SNAPSHOT
TABLE 67. KENPLAS INDUSTRY LIMITED: PRODUCT CATEGORIES
TABLE 68. KENPLAS INDUSTRY LIMITED: PRODUCT PORTFOLIO
TABLE 69. MOTAN HOLDING GMBH: COMPANY SNAPSHOT
TABLE 70. MOTAN HOLDING GMBH: OPERATING SEGMENTS
TABLE 71. MOTAN HOLDING GMBH: PRODUCT PORTFOLIO
TABLE 72. NOVATEC INC: COMPANY SNAPSHOT
TABLE 73. NOVATEC INC: PRODUCT CATEGORIES
TABLE 74. NOVATEC INC: PRODUCT PORTFOLIO
TABLE 75. SHINI PLASTICS TECHNOLOGIES, INC: COMPANY SNAPSHOT
TABLE 76. SHINI PLASTICS TECHNOLOGIES, INC: PRODUCT CATEGORIES
TABLE 77. SHINI PLASTICS TECHNOLOGIES, INC: PRODUCT PORTFOLIO
TABLE 78. SUMMIT SYSTEMS: COMPANY SNAPSHOT
TABLE 79. SUMMIT SYSTEMS: PRODUCT CATEGORIES
TABLE 80. SUMMIT SYSTEMS: PRODUCT PORTFOLIO
TABLE 81. YANN BANG ELECTRICAL MACHINERY CO., LTD: COMPANY SNAPSHOT
TABLE 82. YANN BANG ELECTRICAL MACHINERY CO., LTD: PRODUCT CATEGORIES
TABLE 83. YANN BANG ELECTRICAL MACHINERY CO., LTD: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. GLOBAL HOPPER DRYERS MARKET, 20172025
FIGURE 02. GLOBAL HOPPER DRYERS MARKET, BY COUNTRY, 20172025
FIGURE 03. GLOBAL HOPPER DRYERS MARKET: KEY PLAYERS
FIGURE 04. TOP INVESTMENT POCKETS
FIGURE 05. TOP WINNING STRATEGIES, BY DEVELOPMENT, 20162018*
FIGURE 06. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07. MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 08. MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 09. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10. MODERATE-TO-HIGH COMPETITIVE RIVALRY
FIGURE 11. KEY PLAYER POSITIONING
FIGURE 12. DRIVERS, RESTRAINTS: GLOBAL HOPPER DRYERS MARKET
FIGURE 13. GLOBAL LESS THAN 100KG HOPPER DRYERS MARKET REVENUE, BY COUNTRY, 20172025 ($MILLION)
FIGURE 14. GLOBAL 100KG TO 500 KG HOPPER DRYERS MARKET REVENUE, BY COUNTRY, 20172025 ($MILLION)
FIGURE 15. GLOBAL HOPPER DRYERS MARKET REVENUE, FOR MORE THAN 500 KG, BY COUNTRY, 20172025 ($MILLION)
FIGURE 16. GLOBAL HOPPER DRYERS MARKET REVENUE, FOR INJECTION MOLDING MACHINE, BY COUNTRY, 20172025 ($MILLION)
FIGURE 17. GLOBAL HOPPER DRYERS MARKET REVENUE, FOR EXTRUSION MACHINE, BY COUNTRY, 20172025 ($MILLION)
FIGURE 18. GLOBAL HOPPER DRYERS MARKET REVENUE, FOR BLOW MOLDING MACHINE, BY COUNTRY, 20172025 ($MILLION)
FIGURE 19. U.S. HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 20. CANADA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 21. MEXICO HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 22. GERMANY HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 23. UK HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 24. FRANCE HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 25. ITALY HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 26. REST OF EUROPE HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 27. CHINA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 28. JAPAN HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 29. AUSTRALIA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 30.INDIA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 31. REST OF ASIA-PACIFIC HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 32. LATIN AMERICA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 33. MIDDLE EAST HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)
FIGURE 34. AFRICA HOPPER DRYERS MARKET REVENUE, 20172025 ($MILLION)

 

Hopper dryer uses less energy to dry resins and polymers in comparison to conventional dryers. Manufacturers of the hopper dryers have amalgamated energy saving methods for every design phase of the product improvement so as to lessen power consumption and increase operational efficiency without compromising on the quality and performance of the dryers. For instance, Yann Bang offers HD, IHD, and DHD-G series of energy-efficient hopper dryers that saves energy over 30% and lengthens life time of equipment. There is a rapid rise of temperature inside the hopper for better drying and lessens more than 30% of drying time. In addition, hopper dryers have gained increase in popularity in the recent years, owing to its features of drying plastic materials in less amount of time by removing moisture from them as compared to conventional drying methods.

Escalating demand for processed food & beverages and subsequent requisite for plastic processing machinery, which in turn is expected to boost the growth of the hopper dryers market. Moreover, upsurge in installation of hopper dryers on injection molding machines boosts the growth of the hopper dryer market. Furthermore, emerging economies such as China, Japan, and India have experienced significant rise in the demand for hopper dryer with increase in applications in injection molding and extrusion machine.

 

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