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2021
Jet Mill Market

Jet Mill Market

by Type (Spiral Jet Mill, Fluidized Bed Jet Mill, and Others), Capacity (Less Than 200 kg/h, 201 to 1000 kg/h, and More Than 1000 kg/h) and End User Industry (Chemical, Pharmaceutical, Minerals, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A11109
Pages: 360
Apr 2021 | 3478 Views
Author(s) : Tanvi P , Onkar S
Tables: 106
Charts: 55
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The global jet mill market size is expected to reach $185.7 million in 2027 from $138.7 million in 2019, growing at a CAGR of 4.9% from 2020 to 2027. A jet mill or jet pulverizer can grind average particle size between 1 and 10 micron. Jet milling is the process of reducing primary particle size by utilizing high pressure and compressed air to generate high velocity collision between particles. Collision between particles reduce particle size significantly. Jet mills are widely used for friable or brittle materials such as chemicals, pharmaceuticals, ceramics, polymers, and others. 

The COVID-19 pandemic has hindered the demand for jet mills especially during the first few quarters of 2020 owing to the halt in manufacturing activities, globally.

Rapid growth in cosmetics and lifestyle industry is expected to surge demand for jet mills. In current scenario, the cosmetics industry is significantly growing, owing to rise in demand for different makeup and healthcare products. Sanitary advantages of milling in jet mills make them a viable choice for applications in the cosmetics industry. Thus, growth in demand from the cosmetics industry is expected to drive growth of the jet mill market. Moreover, growth in demand from the pharmaceutical industry is one of the major drivers for the jet mill market. Jet mills are often adopted for manufacturing of pharmaceutical drugs and organic & inorganic pigments. Micronizing of drugs through jet mills offer better dissolving capacity in human body, which increases potency of drugs and reduction in dosages. Thus, growth in demand from the pharmaceutical industry is expected to drive growth of jet mill market.

Jet-Mill-Market-2020-2027

However, lower efficiencies offered by jet mills is a major restraining factor for the jet mill market. Jet mills require high energy for generation of air, which can be uneconomical for small scale users. This hinders growth of the jet mills market. In addition, the COVID-19 pandemic has resulted in halt of operations in industries, owing to prolonged lockdown in 2020. This has not only affected production of jet mills but also reduced their demand from end-user markets, which hampered growth of the jet mill market in 2020.

On the contrary, technological developments in industrial grade jet mills and increase in awareness regarding jet mills is expected to create opportunities for growth of the jet mill industry. Rise in expenditure on R&D facilities for development of jet mill products is expected to surge the market growth during the forecast period.

Jet Mill Market
By Type

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Fluidized bed jet mill segment is projected to grow at a significant CAGR

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The global jet mill market is segmented into type, end-user industry, and region. On the basis of type, the jet mill market is categorized into spiral jet mill, fluidized bed opposed jet mill, and others. By end user industry, it is classified into chemical, pharmaceutical, minerals, and others. Based on capacity, the market is classified into less than 200 kg/h, 201 to 1000 kg/h, and more than 1000 kg/h.

Jet Mill Market
By Capacity

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Less than 200 kg/h segment is projected to grow at a significant CAGR

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Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019 and LAMEA is expected to grow at the fastest rate throughout the forecast period.

Jet Mill Market
By End-user Industry

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Others segment holds dominant position in 2019

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Competition Analysis

The key market players profiled in the report include Erich NETZSCH GmbH & Co. Holding KG, Fluid Energy Processing and Equipment Company, Freund, Ltd., Hosokawa Micron Corporation, Kurimoto, Ltd., Promas Engineers Private Limited, Shandong Alpa Powder Technology Co., Ltd., The Jet Pulverizer Company, Inc., Kunshan Unique Machinery Co., Ltd., Midas Microtech Engineering Private Limited.

Jet Mill Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and LAMEA is expected to grow at a highest rate during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging global jet mill market trends and dynamics.  
  • In-depth analysis of the market is conducted by constructing estimations for the key segments between 2019 and 2027. 
  • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive jet mill market opportunity analysis of all the countries is provided in the report.
  • The global jet mill market forecast analysis from 2020 to 2027 is included in the report.
  • The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industry. 

Global Jet Mill Market Segments

By Type

  • Spiral jet mill
  • Fluidized bed jet mill
  • Others

By End User Industry

  • Chemical
  • Pharmaceutical
  • Minerals
  • Others

By Capacity

  • Less than 200 kg/h
  • 201 to 1000 kg/h
  • More than 1000 kg/h

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Erich NETZSCH GmbH & Co. Holding KG
  • Fluid Energy Processing and Equipment Company
  • Freund, Ltd.
  • Hosokawa Micron Corporation
  • Kurimoto, Ltd.
  • Promas Engineers Private Limited
  • Shandong Alpa Powder Technology Co., Ltd.
  • The Jet Pulverizer Company, Inc.
  • Kunshan Unique Machinery Co., Ltd.
  • Midas Microtech Engineering Private Limited
 

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The global jet mill market has a significant scope in developing countries of Asia-Pacific. Rise in demand for jet mills from growing pharmaceutical, chemical, food & beverages, and other industries is expected to create future growth opportunities for the jet mill market in the region.

Moreover, particle size reduction of moisture sensitive materials such as abrasives, pigments, and various chemicals is a difficult task. However, utilization of jet mills can assist in reducing the size of these materials as it adopts use of compressed air in the milling environment, which eradicates entrance of moisture into the material. In addition, milling process is carried out in closed environments, which further reduces contamination of materials in the mill. This has opened new opportunities for pharmaceutical and chemical industries to produce more efficient drugs. 

Many competitors in the jet mill market adopted product development as their key developmental strategy to expand their product portfolio. For instance, in January 2015, Micro-Macinazione S.A. based in Italy, announced a new investment in research of new technology at the Drug, Chemical & Associated Technologies Association (DCAT) in the U.S. Micro-Macinazione announced investment of around $1.09 million for development of a new research & development center for manufacturing new and flexible techniques for micronizing particles.

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FREQUENTLY ASKED QUESTIONS?

A. The global jet mill market size was $138.7 million in 2019 and is projected to reach $185.7 million in 2027, growing at a CAGR of 4.9% from 2020 to 2027.

A. The forecast period considered for the global jet mill market is 2020 to 2027, wherein, 2019 is the base year, 2020 is the estimated year, and 2027 is the forecast year.

A. The base year considered in the global jet mill market is 2019.

A. No, the report does not provide Value Chain Analysis for the global jet mill market. However, it provides market share analysis for the top players in the jet mill market.

A. On the basis of type, the fluidized bed jet mill segment is expected to be the most influencing segment growing in the global jet mill market report.

A. Based on the end-user industry, in 2019, the others segment generated the highest revenue, accounting for 31.2% of the market and is projected to grow at a CAGR of 4.0% from 2020 to 2027.

A. The report contains an exclusive company profile section, where leading 10 companies in the market are profiled. These profiles typically covers company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. The market value of global jet mill market is $132.5 million in 2020. The decline is mainly due to the COVID-19 pandemic and the disruption in supply chains. COVID Banner Statement: The COVID-19 pandemic has hindered the demand for jet mills especially during the first few quarters of 2020 owing to the halt in manufacturing activities, globally.

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