Overview and Scope
Paper drying systems are specialized equipment and processes used in the papermaking industry to remove water from freshly formed paper sheets, turning them from a wet pulp into a dry, finished paper product. The drying process is a crucial step in paper production, as it significantly affects the paper’s final properties, such as strength, smoothness, and printability.
Sizing and Forecast
The paper drying systems market size has grown strongly in recent years. It will grow from $5.39 billion in 2023 to $5.69 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to growth in paper and pulp industry, stringent environmental regulations..
The paper drying systems market size is expected to see steady growth in the next few years. It will grow to $6.9 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to sustainable manufacturing practices, increased focus on energy efficiency, global expansion of packaging industry.. Major trends in the forecast period include development of non-contact drying techniques, utilization of microwave drying, enhanced monitoring and diagnostics with iiot, application of computational fluid dynamics (cfd), strategic focus on environmental compliance, technological upgrades in paper manufacturing..
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Segmentation & Regional Insights
The paper drying systems market covered in this report is segmented –
1) By System Type: Blow Through Systems, Thermocompressor Based, Cascade Type, Trap Based System Drying
2) By Drying Method: Multi-Cylinder Dryers, Flakt Dryers, Steam Heated Cylinders, Single-Tier Dryers
3) By Dryer: Rolling Bed Dryers, Conduction Dryers, Convection Dryers, Air Dryers, Other Dryers
4) By Application: Paper And Pulp, Packaging, Food And Beverage, Other Applications
North America was the largest region in the Paper Drying Systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the paper drying systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing demand for paper drying systems in the food and beverage industry is expected to propel the growth of the paper drying systems market going forward. The food and beverage industry refers to all businesses that handle the processing, packaging, and distribution of uncooked food. Paper drying systems are used for various drying methods to preserve and enhance the quality of food and beverage products. For instance, in 2023, according to the Food & Drink Federation, a UK-based organization representing and advising UK food and drink manufacturers, Scotland registered 1,185 companies that manufacture food and beverages. Further, exports of food and beverages rose by 31% in 2022 to $10.18 billion (£8.1 billion). Additionally, in the same year, food and beverage turnover accounted for $12.5 billion (£10.3 billion), or 33% of total Scottish manufacturing. Therefore, increasing demand for paper drying systems in the food and beverage industry is driving the growth of the paper drying systems market.
Key Industry Players
Major companies operating in the paper drying systems market report are Andritz AG, GEA Process Engineering Inc., Valmet, Alfa Laval AB, Voith GmbH, Dürr Systems Inc., Kadant Inc., ABK Groupe, A.Celli Paper S.p.A., Industrial Kiln & Dryer Group, FEECO International Inc., Shandong Tianli Energy Co. Ltd., Carrier Vibrating Equipment Inc., Komline-Sanderson Corporation, HEDRICH Group, Allimand SA, Vulcan Drying Systems, R-V Industries Inc., CPM Wolverine Proctor LLC, Marsden Inc., Forbes Marshall Ltd., Ircon Drying Systems AB, Basque Paper Consortium. A.I.E, BHS Corrugated Maschinen- und Anlagenbau GmbH, Stela Laxhuber GmbH
The paper drying systems market report table of contents includes:
1. Executive Summary
2. Paper Drying Systems Market Characteristics
3. Paper Drying Systems Market Trends And Strategies
4. Paper Drying Systems Market – Macro Economic Scenario
5. Global Paper Drying Systems Market Size and Growth
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31. Paper Drying Systems Market Other Major And Innovative Companies
32. Global Paper Drying Systems Market Competitive Benchmarking
33. Global Paper Drying Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Paper Drying Systems Market
35. Paper Drying Systems Market Future Outlook and Potential Analysis
36.Appendix
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