Table of Content

1 INTRODUCTION (Page No. - 37)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
           1.3.2 REGIONS COVERED
    1.4 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES CONSIDERED, 2017–2021
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 43)
    2.1 RESEARCH DATA
           FIGURE 2 SPRAY DRYING EQUIPMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                    2.1.2.3 Breakdown of primary interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION,  AND REGION
    2.2 MARKET SIZE ESTIMATION
           FIGURE 4 SPRAY DRYING EQUIPMENT MARKET ESTIMATION, BY SIZE (SUPPLY SIDE)
           FIGURE 5 SPRAY DRYING EQUIPMENT MARKET ESTIMATION (DEMAND SIDE)
           2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
                    FIGURE 6 SPRAY DRYING EQUIPMENT MARKET ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    FIGURE 7 SPRAY DRYING EQUIPMENT MARKET ESTIMATION: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 8 DATA TRIANGULATION
    2.4 ASSUMPTIONS
    2.5 RESEARCH LIMITATIONS AND ASSOCIATED RISKS

3 EXECUTIVE SUMMARY (Page No. - 53)
    TABLE 2 SPRAY DRYING EQUIPMENT MARKET SHARE SNAPSHOT, 2022 VS. 2027 (USD MILLION)
    FIGURE 9 ROTARY ATOMIZER SPRAY DRYERS SEGMENT TO BE LARGEST MARKET DURING FORECAST PERIOD
    FIGURE 10 FOOD & BEVERAGES SEGMENT TO BE MOST ATTRACTIVE APPLICATION IN 2022
    FIGURE 11 CLOSED CYCLE SEGMENT TO RECORD HIGHER CAGR DURING  FORECAST PERIOD
    FIGURE 12 CO-CURRENT FLOW TYPE TO OCCUPY MAJOR SHARE IN 2022
    FIGURE 13 SINGLE-STAGE SEGMENT TO DOMINATE MARKET BY 2027
    FIGURE 14 INDIRECT HEATING SEGMENT TO RECORD HIGHER CAGR DURING  FORECAST PERIOD
    FIGURE 15 ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 59)
    4.1 OPPORTUNITIES IN SPRAY DRYING EQUIPMENT MARKET
           FIGURE 16 RISE IN CONSUMPTION OF PROCESSED AND READY-TO-EAT FOODS LED TO INCREASE IN DEMAND FOR SPRAY DRYING EQUIPMENT
    4.2 SPRAY DRYING EQUIPMENT MARKET, BY TYPE AND REGION
           FIGURE 17 ROTARY ATOMIZER TO DOMINATE SPRAY DRYING EQUIPMENT MARKET IN 2022
    4.3 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET,  BY CYCLE TYPE AND COUNTRY
           FIGURE 18 CHINA TO ACCOUNT FOR LARGEST SHARE IN 2022
    4.4 SPRAY DRYING EQUIPMENT MARKET, BY KEY COUNTRY
           FIGURE 19 INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD FOR SPRAY DRYING EQUIPMENT

5 MARKET OVERVIEW (Page No. - 61)
    5.1 INTRODUCTION
           5.1.1 MACROECONOMIC INDICATORS
                    5.1.1.1 Increase in demand for multi-functional equipment
                    5.1.1.2 Major Companies investing heavily in food & beverages processing equipment
                               FIGURE 20 PRODUCT-WISE GLOBAL SALES DATA, 2020–2021 (USD BILLION)
    5.2 MARKET DYNAMICS
           FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: SPRAY DRYING EQUIPMENT MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Increase in consumption of processed and RTE foods
                               FIGURE 22 INCREASING SALES FOR CONVENIENCE FOODS, 2020 (CHANGE IN SALES)
                    5.2.1.2 Technological innovations and advancements in spray drying equipment
                               TABLE 3 VARIOUS APPLICATIONS OF NANO SPRAY DRYING TECHNOLOGY
                    5.2.1.3 Reduced thermal damage and increased shelf life of final products
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation and operational cost
                    5.2.2.2 Limited use with sugar-rich products
                               TABLE 4 GLASS TRANSITION TEMPERATURE OF SUGAR-RICH PRODUCTS
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increase in encapsulation applications of food products
                               TABLE 5 APPLICATIONS OF ENCAPSULATED OILS USING SPRAY DRYING TECHNIQUE IN FUNCTIONAL FOOD PRODUCTS
                    5.2.3.2 Innovative applications in pharmaceutical and ceramic industries
           5.2.4 CHALLENGES
                    5.2.4.1 Infrastructural challenges in developing countries
                    5.2.4.2 Low energy efficiency of spray dryers

6 INDUSTRY TRENDS (Page No. - 71)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN ANALYSIS
           FIGURE 23 VALUE CHAIN ANALYSIS
           6.2.1 RESEARCH AND PRODUCT DEVELOPMENT
           6.2.2 REGISTRATION
           6.2.3 MANUFACTURING
           6.2.4 DISTRIBUTION
           6.2.5 MARKETING AND SALES
           6.2.6 POST-SALES SERVICES
    6.3 SUPPLY CHAIN ANALYSIS
           FIGURE 24 SPRAY DRYING EQUIPMENT MARKET: SUPPLY CHAIN ANALYSIS
    6.4 MARKET MAPPING AND ECOSYSTEM OF SPRAY DRYING EQUIPMENT MARKET
           6.4.1 DEMAND SIDE
           6.4.2 SUPPLY-SIDE
                    FIGURE 25 SPRAY DRYING EQUIPMENT MARKET ECOSYSTEM MAP
           6.4.3 ECOSYSTEM MAP
                    TABLE 6 SPRAY DRYING EQUIPMENT MARKET: ECOSYSTEM
    6.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
           6.5.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN SPRAY DRYING EQUIPMENT MARKET
                    FIGURE 26 REVENUE SHIFT IMPACTING SPRAY DRYING EQUIPMENT MARKET
    6.6 TECHNOLOGY ANALYSIS
           6.6.1 ELECTROSTATIC SPRAY DRYING
           6.6.2 AUTOMATION
    6.7 PRICING ANALYSIS
           6.7.1 SELLING PRICE CHARGED BY KEY PLAYERS IN TERMS OF PRODUCT TYPE
                    FIGURE 27 SELLING PRICE OF KEY PLAYERS FOR SPRAY DRYING EQUIPMENT PRODUCT TYPE
                    TABLE 7 SELLING PRICE OF KEY PLAYERS FOR PRODUCT TYPE
                    FIGURE 28 AVERAGE SELLING PRICE IN KEY REGIONS, BY PRODUCT TYPE,  2019–2021 (USD)
                    TABLE 8 ROTARY ATOMIZER: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD)
                    TABLE 9 NOZZLE ATOMIZER: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD)
                    TABLE 10 FLUIDIZED: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD)
                    TABLE 11 CENTRIFUGAL: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD)
                    TABLE 12 CLOSED LOOP: AVERAGE SELLING PRICE, BY REGION, 2019–2021 (USD)
    6.8 SPRAY DRYING EQUIPMENT MARKET: PATENT ANALYSIS
           FIGURE 29 NUMBER OF PATENTS GRANTED FOR SPRAY DRYING EQUIPMENT MARKET, 2011–2021
           FIGURE 30 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
           FIGURE 31 TOP PATENT APPLICANTS FOR SPRAY DRYING EQUIPMENT MARKET,  2019–2022
           FIGURE 32 REGIONAL ANALYSIS OF PATENTS GRANTED FOR SPRAY DRYING EQUIPMENT MARKET, 2019–2022
           6.8.1 LIST OF MAJOR PATENTS
                    TABLE 13 LIST OF FEW PATENTS IN SPRAY DRYING EQUIPMENT MARKET, 2019–2022
    6.9 TRADE ANALYSIS: SPRAY DRYING EQUIPMENT MARKET
           6.9.1 EXPORT SCENARIO: SPRAY DRYING EQUIPMENT
                    FIGURE 33 SPRAY DRYING EQUIPMENT EXPORT, BY KEY COUNTRY,  2017–2021 (USD THOUSAND)
                    TABLE 14 EXPORT DATA OF SPRAY DRYING EQUIPMENT FOR KEY COUNTRIES,  2021 (USD THOUSAND)
           6.9.2 IMPORT SCENARIO: SPRAY DRYING EQUIPMENT
                    FIGURE 34 SPRAY DRYING EQUIPMENT IMPORT, BY KEY COUNTRY,  2017–2021 (USD THOUSAND)
                    TABLE 15 IMPORT DATA OF SPRAY DRYING EQUIPMENT FOR KEY COUNTRIES, 2021 (VALUE)
    6.10 KEY CONFERENCES AND EVENTS, 2022–2023
           TABLE 16 KEY CONFERENCES AND EVENTS IN SPRAY DRYING EQUIPMENT MARKET
    6.11 TARIFF AND REGULATORY LANDSCAPE
           6.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                    TABLE 17 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 18 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                    TABLE 19 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
                    TABLE 20 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS
           6.11.2 REGULATORY FRAMEWORK
                    6.11.2.1 International organization for standardization
                    6.11.2.2 North America
                               6.11.2.2.1 USFDA
                    6.11.2.3 Europe
    6.12 PORTER’S FIVE FORCES ANALYSIS
                    TABLE 21 SPRAY DRYING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.12.1 DEGREE OF COMPETITION
           6.12.2 BARGAINING POWER OF SUPPLIERS
           6.12.3 BARGAINING POWER OF BUYERS
           6.12.4 THREAT FROM SUBSTITUTES
           6.12.5 THREAT FROM NEW ENTRANTS
    6.13 KEY STAKEHOLDERS AND BUYING CRITERIA
           6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS
                    TABLE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS
           6.13.2 BUYING CRITERIA
                    FIGURE 36 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
                    TABLE 23 KEY CRITERIA FOR SELECTING SUPPLIERS/VENDORS
    6.14 CASE STUDIES: SPRAY DRYING EQUIPMENT MARKET
           6.14.1 SHACHI ENGINEERING: COLOURTEX
           6.14.2 SHACHI ENGINEERING: ZEST AROMA

7 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE (Page No. - 94)
    7.1 INTRODUCTION
           FIGURE 37 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022 VS. 2027 (USD MILLION)
           TABLE 24 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)
           TABLE 25 SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
    7.2 ROTARY ATOMIZER
           7.2.1 ABILITY TO PRODUCE FINE AND SMALL GRANULES FROM COARSE DROPLETS DRIVES MARKET
                    TABLE 26 ROTARY ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 27 ROTARY ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    7.3 NOZZLE ATOMIZER
           7.3.1 FLEXIBILITY TO CHANGE NOZZLE SIZE AS PER REQUIREMENTS OF FINAL PRODUCTS ENCOURAGES PREFERENCE FOR NOZZLE ATOMIZER AMONG CUSTOMERS
                    TABLE 28 NOZZLE ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 29 NOZZLE ATOMIZER: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    7.4 FLUIDIZED
           7.4.1 FLUIDIZED SPRAY DRYERS CONSIDERED TO BE SUITABLE FOR HEAT-SENSITIVE PRODUCTS
                    TABLE 30 FLUIDIZED SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 31 FLUIDIZED SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    7.5 CENTRIFUGAL
           7.5.1 CENTRIFUGAL SPRAY DRYERS USED TO REDUCE DRYING TIME OF FINAL POWDERED PRODUCTS
                    TABLE 32 CENTRIFUGAL SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 33 CENTRIFUGAL SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    7.6 CLOSED LOOP
           7.6.1 SAFE APPLICATION OF CLOSED LOOP SPRAY DRYERS IN MANUFACTURING OF FLAMMABLE AND TOXIC PRODUCTS TO DRIVE MARKET
                    TABLE 34 CLOSED LOOP SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 35 CLOSED LOOP SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)

8 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION (Page No. - 102)
    8.1 INTRODUCTION
           TABLE 36 SOME PATENTS FOR SPRAY DRYING TECHNOLOGY IN VARIOUS SEGMENTS
           FIGURE 38 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2022 VS. 2027 (USD MILLION)
           TABLE 37 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
           TABLE 38 SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
    8.2 FOOD & BEVERAGES
           8.2.1 INCREASE IN ENCAPSULATION TECHNIQUE FOR DEVELOPMENT OF FOOD FORMULATION TO DRIVE DEMAND IN FOOD INDUSTRY
                    TABLE 39 FOOD & BEVERAGES: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 40 FOOD & BEVERAGES: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 PHARMACEUTICALS
           8.3.1 ADOPTION OF NOVEL DRUG ENCAPSULATION TO DRIVE DEMAND FOR SPRAY DRYING
                    TABLE 41 PHARMACEUTICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 42 PHARMACEUTICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.4 CHEMICALS
           8.4.1 PRODUCTION OF DYES USED IN FABRICS AND METAL INDUSTRIES DRIVES DEMAND FOR SPRAY DRYING EQUIPMENT
                    TABLE 43 CHEMICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 44 CHEMICALS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.5 ANIMAL FEED
           8.5.1 SPRAY DRYING EQUIPMENT USED TO PRODUCE COARSE GRAIN FOR FEED PRODUCTS BY TAKING OUT MOISTURE FROM LIQUID FEEDS
                    TABLE 45 ANIMAL FEED: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 46 ANIMAL FEED: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.6 FERTILIZERS
           8.6.1 INCREASED SOLUBILITY OF FOLIAR FERTILIZER WITH HELP OF SPRAY DRYING DRIVES MARKET
                    TABLE 47 FERTILIZERS: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 48 FERTILIZERS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.7 PAPER INDUSTRY
           8.7.1 APPLICATION OF SPRAY DRYERS FOR WASTEWATER FREE PAPER PRODUCTION DRIVES MARKET
                    TABLE 49 PAPER INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 50 PAPER INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.8 CONSTRUCTION INDUSTRY
           8.8.1 USE OF ROTARY ATOMIZER SPRAY DRYING EQUIPMENT IN CEMENT PRODUCTION TO DRIVE MARKET
                    TABLE 51 CONSTRUCTION INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 52 CONSTRUCTION INDUSTRY: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.9 OTHER APPLICATIONS
           TABLE 53 OTHER APPLICATIONS: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
           TABLE 54 OTHER APPLICATIONS: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)

9 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY (Page No. - 115)
    9.1 INTRODUCTION
           FIGURE 39 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2022 VS. 2027 (USD MILLION)
           TABLE 55 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2017–2021 (USD MILLION)
           TABLE 56 SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY, 2022–2027 (USD MILLION)
    9.2 LOW CAPACITY (LESS THAN 100 KG/HR)
           9.2.1 COST-EFFECTIVENESS OF LOW-CAPACITY SPRAY DRYERS FOR USE IN R&D LABORATORIES DRIVES MARKET
                    TABLE 57 LOW CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 58 LOW CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    9.3 MEDIUM CAPACITY (100–1,000 KG/HR)
           9.3.1 HIGH RETURN ON INVESTMENT IN LONG TERM ENCOURAGES SMALL-SCALE PROCESSED FOOD & BEVERAGES MANUFACTURERS TO USE MEDIUM CAPACITY SPRAY DRYERS
                    TABLE 59 MEDIUM CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 60 MEDIUM CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
    9.4 HIGH CAPACITY (MORE THAN 1,000 KG/HR)
           9.4.1 HIGH INVESTMENT RETURN AND OUTPUT TO DRIVE GROWTH IN CONSTRUCTION INDUSTRY
                    TABLE 61 HIGH CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                    TABLE 62 HIGH CAPACITY SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)

10 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE (Page No. - 120)
     10.1 INTRODUCTION
               FIGURE 40 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2022 VS. 2027 (USD MILLION)
               TABLE 63 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2017–2021 (USD MILLION)
               TABLE 64 SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE, 2022–2027 (USD MILLION)
     10.2 OPEN CYCLE
             10.2.1 COST-EFFECTIVENESS FINDS APPLICATION IN MAJORITY OF NON-REACTIVE PRODUCTS
                       TABLE 65 OPEN CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 66 OPEN CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.3 CLOSED CYCLE
             10.3.1 PRECISE SPRAY DRYING OF HEAT-SENSITIVE AND REACTIVE SUBSTANCES DRIVES MARKET
                       TABLE 67 CLOSED CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 68 CLOSED CYCLE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)

11 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE (Page No. - 125)
     11.1 INTRODUCTION
               FIGURE 41 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2022 VS. 2027 (USD MILLION)
               TABLE 69 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2017–2021 (USD MILLION)
               TABLE 70 SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE, 2022–2027 (USD MILLION)
     11.2 SINGLE-STAGE
             11.2.1 MILK POWDERS AND PRODUCTS REQUIRING HIGH HEAT FOR DRYING INCREASE DEMAND
                       TABLE 71 SINGLE-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 72 SINGLE-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.3 TWO-STAGE
             11.3.1 TWO-STAGE SPRAY DRYERS USE FLUID BED TO RETAIN SOME MOISTURE IN FINAL DRIED PRODUCTS
                       TABLE 73 TWO-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 74 TWO-STAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.4 MULTISTAGE
             11.4.1 PRODUCTS DERIVED FROM OILS AND DISPERSION LIQUIDS REQUIRING MORE THAN ONE STAGE TO OBTAIN DESIRED DRYNESS ENCOURAGE DEMAND
                       TABLE 75 MULTISTAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 76 MULTISTAGE: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)

12 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE (Page No. - 131)
     12.1 INTRODUCTION
               FIGURE 42 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022 VS. 2027 (USD MILLION)
               TABLE 77 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE, 2017–2021 (USD MILLION)
               TABLE 78 SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022–2027 (USD MILLION)
     12.2 CO-CURRENT
             12.2.1 ABILITY TO REDUCE THERMAL DEGRADATION OF FINAL PRODUCT INCREASES DEMAND FOR CO-CURRENT SPRAY DRYERS
                       TABLE 79 CO-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 80 CO-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
     12.3 COUNTER-CURRENT
             12.3.1 PRODUCTION OF DETERGENTS AND CERAMICS FOR IMPROVED HEAT UTILIZATION TO SAVE ENERGY COSTS
                       TABLE 81 COUNTER-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 82 COUNTER-CURRENT SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2022–2027 (USD MILLION)
     12.4 MIXED
             12.4.1 MIXED FLOW SPRAY DRYERS USE BOTH COUNTER-CURRENT AND  CO-CURRENT MECHANISMS TO OBTAIN MAXIMUM DRYING OF  FINAL PRODUCT
                       TABLE 83 MIXED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION)
                       TABLE 84 MIXED SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)

13 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE (Page No. - 137)
     13.1 INTRODUCTION
               FIGURE 43 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022 VS. 2027 (USD MILLION)
               TABLE 85 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2017–2021 (USD MILLION)
               TABLE 86 SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022–2027 (USD MILLION)
     13.2 DIRECT HEATING
             13.2.1 HIGH EFFICIENCY OF DIRECT HEATING MAKES IT PREFERABLE FOR NON-SENSITIVE BY-PRODUCTS
                       TABLE 87 DIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 88 DIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
     13.3 INDIRECT HEATING
             13.3.1 REDUCTION OF CONTAMINANTS IN FOOD, FEED, AND PHARMACEUTICAL PRODUCTS THROUGH APPLICATION OF INDIRECT HEATING DRIVES MARKET
                       TABLE 89 INDIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION,  2017–2021 (USD MILLION)
                       TABLE 90 INDIRECT HEATING: SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)

14 SPRAY DRYING EQUIPMENT MARKET, BY REGION (Page No. - 141)
     14.1 INTRODUCTION
               FIGURE 44 SPRAY DRYING EQUIPMENT MARKET SHARE (VALUE), BY KEY COUNTRY, 2022
               TABLE 91 SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2017–2021 (USD MILLION)
               TABLE 92 SPRAY DRYING EQUIPMENT MARKET, BY REGION, 2022–2027 (USD MILLION)
     14.2 NORTH AMERICA
               FIGURE 45 NORTH AMERICA SPRAY DRYING EQUIPMENT MARKET: SNAPSHOT
               TABLE 93 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
               TABLE 94 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)
               TABLE 95 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)
               TABLE 96 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
               TABLE 97 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2017–2021 (USD MILLION)
               TABLE 98 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2022–2027 (USD MILLION)
               TABLE 99 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2017–2021 (USD MILLION)
               TABLE 100 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2022–2027 (USD MILLION)
               TABLE 101 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2017–2021 (USD MILLION)
               TABLE 102 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022–2027 (USD MILLION)
               TABLE 103 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2017–2021 (USD MILLION)
               TABLE 104 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022–2027 (USD MILLION)
               TABLE 105 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2017–2021 (USD MILLION)
               TABLE 106 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2022–2027 (USD MILLION)
               TABLE 107 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
               TABLE 108 NORTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2022–2027 (USD MILLION)
             14.2.1 US
                       14.2.1.1 Increase in use of spray drying technology in food & beverages industry to drive market
                       TABLE 109 US: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                       TABLE 110 US: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.2.2 CANADA
                       14.2.2.1 Use of spray drying equipment in drug and pharmaceutical industry in Canada for production of powdered drugs and medicines
                                   TABLE 111 CANADA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 112 CANADA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.2.3 MEXICO
                       14.2.3.1 Production of milk concentrates to drive growth of spray drying equipment market in Mexico
                                   TABLE 113 MEXICO: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 114 MEXICO: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
     14.3 EUROPE
               TABLE 115 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
               TABLE 116 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)
               TABLE 117 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)
               TABLE 118 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
               TABLE 119 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2017–2021 (USD MILLION)
               TABLE 120 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2022–2027 (USD MILLION)
               TABLE 121 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2017–2021 (USD MILLION)
               TABLE 122 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2022–2027 (USD MILLION)
               TABLE 123 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2017–2021 (USD MILLION)
               TABLE 124 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022–2027 (USD MILLION)
               TABLE 125 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2017–2021 (USD MILLION)
               TABLE 126 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022–2027 (USD MILLION)
               TABLE 127 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2017–2021 (USD MILLION)
               TABLE 128 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2022–2027 (USD MILLION)
               TABLE 129 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
               TABLE 130 EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2022–2027 (USD MILLION)
             14.3.1 GERMANY
                       14.3.1.1 Innovation to reduce energy and production costs of powdered products in spray drying technologies to drive market
                                   TABLE 131 GERMANY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 132 GERMANY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.3.2 FRANCE
                       14.3.2.1 High demand for cosmetics powders across regions to drive growth
                                   TABLE 133 FRANCE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 134 FRANCE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.3.3 UK
                       14.3.3.1 Production of coffee mixes to cater to requirements of customers to drive demand for spray drying equipment in market
                                   TABLE 135 UK: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,2017–2021 (USD MILLION)
                                   TABLE 136 UK: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2022–2027 (USD MILLION)
             14.3.4 ITALY
                       14.3.4.1 Use of spray drying equipment for production of customized set of APIs in pharmaceutical sector offers growth potential for manufacturers
                                   TABLE 137 ITALY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 138 ITALY: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.3.5 SPAIN
                       14.3.5.1 Increased investments in establishment of spray dryer plants across ceramic and pharmaceutical industry to drive growth
                                   TABLE 139 SPAIN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 140 SPAIN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.3.6 REST OF EUROPE
                       TABLE 141 REST OF EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                       TABLE 142 REST OF EUROPE: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
     14.4 ASIA PACIFIC
               FIGURE 46 ASIA PACIFIC SPRAY DRYING EQUIPMENT MARKET: SNAPSHOT
               TABLE 143 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
               TABLE 144 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)
               TABLE 145 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)
               TABLE 146 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
               TABLE 147 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2017–2021 (USD MILLION)
               TABLE 148 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2022–2027 (USD MILLION)
               TABLE 149 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2017–2021 (USD MILLION)
               TABLE 150 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2022–2027 (USD MILLION)
               TABLE 151 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2017–2021 (USD MILLION)
               TABLE 152 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022–2027 (USD MILLION)
               TABLE 153 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2017–2021 (USD MILLION)
               TABLE 154 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022–2027 (USD MILLION)
               TABLE 155 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2017–2021 (USD MILLION)
               TABLE 156 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2022–2027 (USD MILLION)
               TABLE 157 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
               TABLE 158 ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2022–2027 (USD MILLION)
             14.4.1 CHINA
                       14.4.1.1 High demand for baby foods among domestic consumers to drive market growth in China
                                   TABLE 159 CHINA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 160 CHINA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.4.2 JAPAN
                       14.4.2.1 Expansion of Japanese dairy industry to drive market growth
                                   TABLE 161 JAPAN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 162 JAPAN: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.4.3 INDIA
                       14.4.3.1 Increased consumption of processed and RTE foods placed India among emerging regions
                                   TABLE 163 INDIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 164 INDIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.4.4 SOUTH KOREA
                       14.4.4.1 Development of spray drying labs in industrial and chemical sectors to drive demand for spray drying equipment
                                   TABLE 165 SOUTH KOREA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 166 SOUTH KOREA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.4.5 AUSTRALIA
                       14.4.5.1 Spray drying equipment witnesses high demand in resins and polymers industries
                                   TABLE 167 AUSTRALIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 168 AUSTRALIA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.4.6 REST OF ASIA PACIFIC
                       TABLE 169 REST OF ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                       TABLE 170 REST OF ASIA PACIFIC: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
     14.5 REST OF THE WORLD
               TABLE 171 ROW: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2017–2021 (USD MILLION)
               TABLE 172 ROW: SPRAY DRYING EQUIPMENT MARKET, BY COUNTRY,  2022–2027 (USD MILLION)
               TABLE 173 ROW: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2017–2021 (USD MILLION)
               TABLE 174 ROW: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
               TABLE 175 ROW: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2017–2021 (USD MILLION)
               TABLE 176 ROW: SPRAY DRYING EQUIPMENT MARKET, BY DRYING STAGE,  2022–2027 (USD MILLION)
               TABLE 177 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2017–2021 (USD MILLION)
               TABLE 178 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CYCLE TYPE,  2022–2027 (USD MILLION)
               TABLE 179 ROW: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2017–2021 (USD MILLION)
               TABLE 180 ROW: SPRAY DRYING EQUIPMENT MARKET, BY OPERATING PRINCIPLE,  2022–2027 (USD MILLION)
               TABLE 181 ROW: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2017–2021 (USD MILLION)
               TABLE 182 ROW: SPRAY DRYING EQUIPMENT MARKET, BY FLOW TYPE,  2022–2027 (USD MILLION)
               TABLE 183 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2017–2021 (USD MILLION)
               TABLE 184 ROW: SPRAY DRYING EQUIPMENT MARKET, BY CAPACITY,  2022–2027 (USD MILLION)
               TABLE 185 ROW: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2017–2021 (USD MILLION)
               TABLE 186 ROW: SPRAY DRYING EQUIPMENT MARKET, BY APPLICATION,  2022–2027 (USD MILLION)
             14.5.1 SOUTH AMERICA
                       14.5.1.1 Increase in consumption of dairy products to offer growth potential for spray drying equipment manufacturers in this sector
                                   TABLE 187 SOUTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 188 SOUTH AMERICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.5.2 MIDDLE EAST
                       14.5.2.1 Increase in consumption of convenience food and processed food products to drive market
                                   TABLE 189 MIDDLE EAST: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 190 MIDDLE EAST: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)
             14.5.3 AFRICA
                       14.5.3.1 Use of spray drying equipment to produce agrochemicals drives growth in food industry
                                   TABLE 191 AFRICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE, 2017–2021 (USD MILLION)
                                   TABLE 192 AFRICA: SPRAY DRYING EQUIPMENT MARKET, BY PRODUCT TYPE,  2022–2027 (USD MILLION)

15 COMPETITIVE LANDSCAPE (Page No. - 185)
     15.1 OVERVIEW
     15.2 MARKET SHARE ANALYSIS
               TABLE 193 SPRAY DRYING EQUIPMENT MARKET SHARE (CONSOLIDATED)
     15.3 KEY PLAYER STRATEGIES
     15.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS
               FIGURE 47 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET,  2019–2021 (USD MILLION)
     15.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             15.5.1 STARS
             15.5.2 PERVASIVE PLAYERS
             15.5.3 EMERGING LEADERS
             15.5.4 PARTICIPANTS
                       FIGURE 48 SPRAY DRYING EQUIPMENT MARKET, COMPANY EVALUATION QUADRANT,  2022 (OVERALL MARKET)
             15.5.5 PRODUCT FOOTPRINT
                       TABLE 194 COMPANY BY PRODUCT SOURCE FOOTPRINT
                       TABLE 195 COMPANY PRODUCT TYPE FOOTPRINT
                       TABLE 196 COMPANY REGIONAL FOOTPRINT
                       TABLE 197 OVERALL COMPANY FOOTPRINT
     15.6 SPRAY DRYING EQUIPMENT MARKET, STARTUP/SME EVALUATION QUADRANT
             15.6.1 PROGRESSIVE COMPANIES
             15.6.2 STARTING BLOCKS
             15.6.3 RESPONSIVE COMPANIES
             15.6.4 DYNAMIC COMPANIES
                       FIGURE 49 SPRAY DRYING EQUIPMENT MARKET, COMPANY EVALUATION QUADRANT,  2022 (STARTUP/SME)
             15.6.5 COMPETITIVE BENCHMARKING
                       TABLE 198 SPRAY DRYING EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUP/SME
                       TABLE 199 SPRAY DRYING EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SME
     15.7 COMPETITIVE SCENARIO
             15.7.1 PRODUCT LAUNCHES
                       TABLE 200 SPRAY DRYING EQUIPMENT MARKET: PRODUCT LAUNCHES, JULY 2019–JUNE 2022
             15.7.2 DEALS
                       TABLE 201 SPRAY DRYING EQUIPMENT MARKET: DEALS, FEBRUARY 2019–AUGUST 2022
                       TABLE 202 SPRAY DRYING EQUIPMENT MARKET: OTHERS, DECEMBER 2018–JANUARY 2022

16 COMPANY PROFILES (Page No. - 200)
     16.1 GEA GROUP
(Business overview, Products offered, Recent developments, Deals, MNM view, Key strengths, Strategic undertaken, and Weaknesses and competitive threats)*
               TABLE 203 GEA GROUP: BUSINESS OVERVIEW
               FIGURE 50 GEA GROUP: COMPANY SNAPSHOT
               TABLE 204 GEA GROUP: DEALS
               TABLE 205 GEA GROUP: OTHERS
     16.2 SPX FLOW
               TABLE 206 SPX FLOW: BUSINESS OVERVIEW
               FIGURE 51 SPX FLOW: COMPANY SNAPSHOT
               TABLE 207 SPX FLOW: DEALS
     16.3 SHANDONG TIANLI DRYING TECHNOLOGY AND EQUIPMENT
               TABLE 208 SHANDONG TIANLI DRYING TECHNOLOGY AND EQUIPMENT: BUSINESS OVERVIEW
     16.4 BÜCHI LABORTECHNIK
               TABLE 209 BÜCHI LABORTECHNIK: BUSINESS OVERVIEW
               TABLE 210 BÜCHI LABORTECHNIK: PRODUCT LAUNCHES
               TABLE 211 BÜCHI LABORTECHNIK: OTHERS
     16.5 EUROPEAN SPRAYDRY TECHNOLOGIES
               TABLE 212 EUROPEAN SPRAYDRY TECHNOLOGIES: BUSINESS OVERVIEW
     16.6 TETRA PAK INTERNATIONAL S.A.
               TABLE 213 TETRA PAK INTERNATIONAL S.A.: BUSINESS OVERVIEW
               TABLE 214 TETRA PAK INTERNATIONAL S.A.: DEALS
     16.7 DEDERT CORPORATION
               TABLE 215 DEDERT CORPORATION: BUSINESS OVERVIEW
               TABLE 216 DEDERT CORPORATION: DEALS
     16.8 CHANGZHOU LEMAR DRYING ENGINEERING
               TABLE 217 CHANGZHOU LEMAR DRYING ENGINEERING: BUSINESS OVERVIEW
     16.9 ACMEFIL ENGINEERING SYSTEMS PVT. LTD
               TABLE 218 ACMEFIL ENGINEERING SYSTEMS PVT. LTD.: BUSINESS OVERVIEW
     16.10 NEW AVM SYSTECH
               TABLE 219 NEW AVM SYSTECH: BUSINESS OVERVIEW
     16.11 ADVANCED DRYING SYSTEMS
               TABLE 220 ADVANCED DRYING SYSTEMS: BUSINESS OVERVIEW
     16.12 LABPLANT
               TABLE 221 LABPLANT: BUSINESS OVERVIEW
     16.13 SWENSON TECHNOLOGY, INC.
               TABLE 222 SWENSON TECHNOLOGY, INC.: BUSINESS OVERVIEW
     16.14 YAMATO SCIENTIFIC AMERICA
               TABLE 223 YAMATO SCIENTIFIC AMERICA: BUSINESS OVERVIEW
               TABLE 224 YAMATO SCIENTIFIC AMERICA: OTHERS
     16.15 G LARSSON STARCH TECHNOLOGY AB
               TABLE 225 G LARSSON STARCH TECHNOLOGY AB: BUSINESS OVERVIEW
               TABLE 226 G LARSSON STARCH TECHNOLOGY AB: DEALS
     16.16 HEMRAJ ENGINEERING (INDIA) LLP
               TABLE 227 HEMRAJ ENGINEERING (INDIA) LLP: BUSINESS OVERVIEW
               TABLE 228 HEMRAJ ENGINEERING (INDIA) LLP: DEALS
     16.17 SAKA ENGINEERING SYSTEMS PRIVATE LIMITED
               TABLE 229 SAKA ENGINEERING SYSTEMS PVT. LTD.: BUSINESS OVERVIEW
     16.18 FREUND VECTOR CORPORATION
               TABLE 230 FREUND VECTOR CORPORATION: BUSINESS OVERVIEW
     16.19 SANOVO TECHNOLOGY GROUP
               TABLE 231 SANOVO TECHNOLOGY GROUP: BUSINESS OVERVIEW
     16.20 SICCADANIA GROUP
               TABLE 232 SICCADANIA GROUP: BUSINESS OVERVIEW
               TABLE 233 SICCADANIA GROUP: DEALS
     16.21 RAJ PROCESS EQUIPMENT AND SYSTEMS PRIVATE LTD.
     16.22 SHACHI ENGINEERING
     16.23 SPRAY TECH SYSTEMS
     16.24 SHREE SAI EQUIPMENT & SERVICES
     16.25 SHANGHAI PILOTECH INSTRUMENT & EQUIPMENT CO. LTD.

*Details on Business overview, Products offered, Recent developments, Deals, MNM view, Key strengths, Strategic undertaken, and Weaknesses and competitive threats might not be captured in case of unlisted companies.

17 ADJACENT MARKETS (Page No. - 245)
     17.1 INTRODUCTION
     17.2 LIMITATIONS
     17.3 DAIRY PROCESSING EQUIPMENT MARKET
             17.3.1 MARKET DEFINITION
             17.3.2 MARKET OVERVIEW
             17.3.3 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE
                       TABLE 234 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2020 (USD MILLION)
                       TABLE 235 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)
             17.3.4 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION
                       TABLE 236 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 237 DAIRY PROCESSING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)
     17.4 BEVERAGE PROCESSING EQUIPMENT MARKET
             17.4.1 MARKET DEFINITION
             17.4.2 MARKET OVERVIEW
             17.4.3 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE
                       TABLE 238 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE,  2017–2025 (USD MILLION)
             17.4.4 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION
                       TABLE 239 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION,  2017–2025 (USD MILLION)

18 APPENDIX (Page No. - 251)
     18.1 DISCUSSION GUIDE
     18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     18.3 CUSTOMIZATION OPTIONS
     18.4 RELATED REPORTS
     18.5 AUTHOR DETAILS