European Industrial Dryers Market to Reach US$997.3 million by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive European market report on Industrial Dryers markets. The European market for industrial dryers is forecast to reach US$997.3 million by the year 2015. Growing awareness among end-use industries about the cost-efficiencies offered by industrial dryers coupled with expanding manufacturing sector is driving market growth.

Industrial Dryers: A European Market Report

The worldwide economic recession adversely impacted the European industrial dryers market, with the region’s demand for industrial dryers dropping noticeably during 2008 and 2009. However, the market is likely to stabilize in the immediate term to demonstrate a modest growth in the coming years. The market would be driven primarily by stringent quality standards and huge investments in product enhancements and upgradations. New equipment installations in key end-use industries such as pharmaceuticals, chemicals, foodstuffs, sludge, metals and ceramics are likely to add momentum to market growth in the region.

Germany represents the largest regional market for industrial dryers in Europe, as stated by the new market research report on Industrial Dryers. In terms of growth, Rest of Europe, comprising several developing Eastern European countries, is portended to register fastest growth for Industrial Dryers. Direct Dryers constitutes the largest as well as fastest growing segment in the European industrial dryers market. Indirect Dryers, the other major product segment, is projected to reach US$347.2 million by 2012.

Research and development activities in the field of industrial drying systems and equipment are mainly focused on technological advancements that enhance drying efficiency of the equipment, thus reducing overall production costs, and energy consumption. Efficient utilization of energy has always been an area of concern for all types of industrial dryers. Latest developments in the field have helped various end-user industries in reducing costs of production to a great extend by means of efficient energy utilization, improved airflow techniques and reuse of waste heat energy. Influx of numerous new domestic and overseas manufacturers into the European industrial dryers market led to intensified competition in the marketplace. Players are seen fiercely contending on factors such as technological sophistication, additional product features, prices, product performance, and customer/technical services. Increased focus on utilizing price as a marketing and product-differentiating tool is being witnessed in the market.

Major players profiled in the report include Andritz AG, Anivi Ingenieria SA, Bühler AG, Carrier Europe SCA, Comessa, Comspain XXI S.A., FAVA S.p.A, GEA Process Engineering A/S, Glatt Process Technology GmbH, GMF-GOUDA, Hazemag & EPR GmbH, KMPT AG, Mitchell Dryers Ltd., R. Simon (Dryers) Ltd., SC Technology GmbH, The Fitzpatrick Company Europe NV, Thyssenkrupp Fördertechnik GMBH, and ThyssenKrupp KH Mineral SAS.

The report titled “Industrial Dryers: A European Market Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the industrial dryers markets, current market trends, key growth drivers, product overview, recent product introductions, recent industry activity, and profiles of major/niche market participants. The report provides annual sales estimates and projections for industrial dryers market for the following European markets – France, Germany, Italy, UK, and Rest of Europe. Key product segments analyzed include Direct Dryers, Indirect Dryers, and Specialty Dryers. Also, a seven-year (2000-2006) historic analysis is provided for additional perspective.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Industrial_Dryers_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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