Industrial Dryers Market to Approach USD 1.94 billion by 2030, By Persistence Market Research [Yahoo! Finance]
FLSMIDTH & CO A/S S/ADR (FLIDY)
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flsmidth.com
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Source: Yahoo! Finance
Types like flash, rotary, spray, and fluidized dryers are in high demand, contributing to market growth. New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Industrial Dryers are devices used for removing moisture or water content from various materials, substances, or products through evaporation or drying processes. They play a crucial role in industries such as food processing, pharmaceuticals, chemicals, textiles, and others. The global Industrial Dryers market is currently valued at USD 1.3 billion. With a compound annual growth rate (CAGR) of 6.2%, the market is expected to reach USD 1.94 billion by 2023–2030. The growing emphasis on energy-efficient and cost-effective drying solutions, coupled with the expansion of manufacturing sectors, is driving market expansion. Industrial dryers refer to specialized machines designed for removing moisture or water content from materials such as chemicals, food products, pharmaceuticals, and textiles. These devices employ diverse drying techniq
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