Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 5.49 Billion | USD 8.07 Billion | CAGR at 4.48% | 2023 |
According to the report published by Zion Market Research, the global Paper Drying Systems Market size was valued at USD 5.49 Billion in 2023 and is predicted to reach USD 8.07 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.48% during the forecast period. The report analyzes the global Paper Drying Systems Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Paper Drying Systems Market industry.
In the paper manufacturing, the drying process provides two functions it takes out the water present on the web and helps in fiber bonding with the help of hydrogen bonding. The paper drying systems convey steam to every single dryer in the machine with the exact pressure that is required and guarantees a proficient clearance of the condensation from the dryers.
The market for paper drying systems is globally fragmented into dryer type, drying method, system type, paper type, and regions. On the basis of system type, the global market is segregated into trap based system and blow through systems. The blow through systems segment is further sub-segregated into cascade type and thermocompressor based.
On the basis of dryer type, the market is categorized into rolling bed dryers, conduction dryers, convection dryers, air dryers and others. The air dryers segment is sub-divided into rotary dryers, freeze dryers, fluidized bed dryers, and flash dryers.
On the basis of drying method, the market is divided into multi-cylinder dryers, flakt dryers, steam heated cylinders, and single-tier dryers.
On the basis of paper type, the market is bifurcated into newsprint, magazines paper, tissue paper, packaging & wrapping paper, currency paper, copy paper, cardboard, and others.
Based on the geographical regions, the market is diversified into Western Europe, Eastern Europe, the Middle East & Africa, North America, Latin America, and Asia Pacific.
The key factors that are driving the paper drying systems market are the increasing paper and pulp manufacturing industry which has increased the demand for the glossy and smoother paper material and the advancements that are made in the infrared dryers’ technology. The other prominent factors that will trigger the market include growing literacy rate, mounting consumerism, and increasing environmental concerns which will increase the demand for the papers, thus increasing the demand for paper drying systems in order to develop the paper quality. Factors that will limit the market growth are stringent government policies and regulations, growing quality standards, and the soaring cost of the dryer systems.
Report Attributes | Report Details |
---|---|
Report Name | Paper Drying Systems Market Research Report |
Market Size in 2023 | USD 5.49 Billion |
Market Forecast in 2032 | USD 8.07 Billion |
Growth Rate | CAGR of 4.48% |
Number of Pages | 201 |
Key Companies Covered | Kadant Inc., R-V Industries, Inc., ABK Groupe, Alfa Laval AB, Andritz AG, A.I.E., Marsden, Inc., Forbes Marshall Ltd., Voith GmbH., Ircon Drying Systems AB, A.Celli Paper S.p.A., Allimand,S.A., Basque Paper Consortium, BHS Corrugated Company, and others. |
Segments Covered | By dryer type, By drying method, By system type, By paper type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Paper Drying Systems Market: Regional Analysis
Asia Pacific region anticipates being the leading market in the paper drying systems market. Europe and Asia Pacific region are following North America in terms of market growth. Factors due to which the market is growing in North America is the usage of the advanced technology for the process of paper making, the increasing awareness among the vendors, and the increased demand for the engineered systems that are custom designed which includes pocket ventilation systems for the optimization of the drying process. The market is expected to grow fast in Asia Pacific region due to the factors such as rise in the utilization of paper for the packaging and wrapping of the material, escalating paper and pulp industry, and the increase in the requirement for the products that are eco-friendly.
Global Paper Drying Systems Market: Competitive Players
The key market players that are involved in the paper drying systems market include:
By Dryer Type
By Drying Method
By System Type
By Paper Type
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