The Reports and Insights, a leading market research company, has recently releases report titled “Hot Air Hopper Dryers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Hot Air Hopper Dryers Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Hot Air Hopper Dryers market?
The Global Hot Air Hopper Dryers Market was US$ 172.9 Million in 2022 Furthermore, the global hot air hopper dryers’ market to register a CAGR of 3.02% which is expected to result in a market forecast value for 2031 of US$ 356.7 Million.
What are Hot Air Hopper Dryers?
Hot air hopper dryers are industrial devices specifically utilized in the plastic processing and manufacturing sector. Their primary function is to eliminate moisture or humidity from plastic resin materials, which can be in the form of pellets or granules, before these materials are employed in a range of plastic processing procedures like injection moulding, extrusion, and blow moulding. These dryers usually comprise essential components such as a drying chamber or hopper, a heating element, and a blower fan to facilitate the drying process.
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What are the growth prospects and trends in the Hot Air Hopper Dryers industry?
Hot Air hopper market growth is influenced by various driving factors and trends. Firstly, the increasing demand for plastic products across industries such as packaging, automotive, and electronics is spurring the need for efficient plastic resin drying to ensure high-quality end products. Secondly, the energy efficiency is a becoming a prominent driving factor as companies aims to cut operational costs and minimize environmental impact, which is further propelling the hot air hopper market growth. Moreover, the trend toward Industry 4.0 and automation is promoting the adoption of intelligent and connected hopper dryers, enabling remote monitoring and control. The utilization of advanced materials and technologies is elevating dryer performance, enhancing reliability and efficiency. Additionally, a growing focus on sustainability and recyclability is prompting the development of dryers that optimize resource utilization and minimize waste, aligning with the expanding emphasis on eco-friendly manufacturing practices.
What is included in market segmentation?
The report has segmented the market into the following categories:
By Product Type:
- Desiccant Dryers
- Compressed Air Dryers
- Vacuum Dryers
- Hot Air Dryers
- Up to 50 kg
- 50-100 kg
- 100-200 kg
- Above 200 kg
By End-Use Industry:
- Plastics Manufacturing
- Food and Beverages
- Injection Molding
- Blow Molding
By Sales Channel:
- Direct Sales
- Distributor Sales
By Control Type:
- Manual Control
- Automatic Control
By Energy Source:
- North America
- Latin America
- Middle East
Who are the key players operating in the industry?
The report covers the major market players including:
- Conair Corporation
- Wittmann Battenfeld
- Novatec, Inc.
- Moretto S.p.A.
- Piovan S.p.A.
- Matsui America, Inc.
- Summit Systems Ltd.
- Shini Plastics Technologies, Inc.
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