This report studies the Fluid Bed Systems market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025.
Los Angeles, United States - September 4, 2019 /MarketersMedia/ —
QY Research has published a new report, titled, “Global Fluid Bed Systems Market Report, History and Forecast 2014-2025”, which presents a comprehensive assessment of the market and contains valuable insights, historical data, facts, accurate statistics and industry-validated market data. The report also contains estimations using a suitable set of methodologies and assumptions. The research report also provides information and analysis according to market segments such as application, product type, and geographies.
According to the report, the global fluid bed systems market will reach US$714.42 mn by 2025 from US$579.27 mn in 2018. The report anticipates that the market will register a CAGR of 3.04% by 2025.
Global Fluid Bed Systems Market: Drivers and Restraints
The global market for fluid bed systems will witness significant growth due to rapidly developing medical industry to maximize the efficiency of coating, granulation, and drying processes. Expanding food & beverages industry with growing demand for processed food among consumers will drive the market in the coming years. Positive trends in the chemical industry due to increasing demand for drying and granulation process of chemicals also projected to propel the growth of the market over the forecast period. Moreover, manufacturing of high technological fluid bed systems for decreasing nitrogen oxide emission around the world is one of the major trends to fuel the growth of the market in the near future.
However, strict certification is required to be cleared for the production of fluid bed systems, which may hinder the growth of the market.
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Global Fluid Bed Systems Market: Segment Analysis
The global market for fluid bed systems is segmented into application and product type. The product type segment includes large-scale, mid-sized, and laboratory-scale fluid bed systems.
The application segment includes agriculture, pharmaceutical, chemical, food & beverages, and others.
Global Fluid Bed Systems Market: Regional Outlook
North America holds the largest share in fluid bed systems market due to growing demand for chemical and pharmaceutical industries for various processes such as coating, granulation, and drying. The report states that Europe will estimate a significant growth rate in the global fluid bed systems market with strong presence large exporters and manufacturers. Asia Pacific is also expected to remain a promising market for fluid bed systems due to rapidly developing pharmaceutical industries in emerging economies such as China and India.
Global Fluid Bed Systems Market: Key Players
The top players operating in the global market for fluid bed systems are DMR, ThyssenKrupp, Gebruder Lodige, Allgaier Werke, Freund Vector, GEA Group, Kevin Process Technologies, Glatt Ingenieurtechnik, Tianli, SPX FLOW (Anhydro), Nara Machinery, Andritz, O’Hara Technologies, Robert Bosch, L.B. BOHLE, Pergande GmbH, Applied Chemical Technology, Carrier, VIBRA, Tema Process, Metso, Ventilex, Kason Corporation, Buhler Aeroglide, IMA, Romaco Innojet, AmMag, and Pnair.
Global Fluid Bed Systems Market: Competitive Landscape
Key players have used various strategies such as acquisitions, new product launches, joint ventures, expansions, partnerships, and agreements to increase their footprint in the global market for fluid bed systems to sustain in long run. Companies are likely to focus on adding new flavors and product innovation in the coming years to deal with the intensifying competition.
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