Filtration And Drying Equipment Market Size, Share & Trends Analysis Report By Technology, By End-use (Food & Beverage, Chemical, Pharmaceutical), By Region, And Segment Forecasts, 2023 - 2030

Market Size & Trends

The global filtration and drying equipment market size was valued at USD 1.3 billion in 2022 and is expected to grow a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. The growth of filtration and drying equipment is majorly driven by the commercial application of filtration and drying equipment, rising economies, and the hastily evolving food industry, the adoption of new business models, cutting-edge technology, & increasing R&D expenditure in the pharmaceutical sector.

The growing geriatric population in the U.S. is fueling the growth of the pharmaceutical industry. According to American Health Rankings 2021 report, there were 55.8 million adults above 65 years of age in the U.S. Apart from the aging and rising population, enhanced purchasing power and access to quality healthcare and pharmaceuticals for poor and middle-class families around the world are also driving the growth of the U.S. pharma industry. Another factor driving this expansion is the increased focus of pharmaceutical companies on rare and specialty diseases Innovations in the fields of nucleic acid therapeutics, advanced biologics, cell therapies, bioelectronics, and implantable have enticed non-pharma companies such as Facebook, Qualcomm, and others to invest in the industry, which is also driving the growth of the U.S. pharmaceuticals industry. The aforementioned factors are driving the market for filtration & drying equipment.

Rapid industrial development, coupled with technological advancements in the industrial sector, is the key factor boosting the specialty chemical market in the U.S. Moreover, the surging demand for advanced specialty products is prompting companies in the U.S. chemical industry to shift their focus toward the development of new and innovative specialty chemicals. However, due to agglomeration in the Agitated Nutsche Filter-Dryer, the particle size distribution of the products is significantly altered, which might result in non-uniform content as well as non-specific input for downstream mixes. In addition, the creation of big agglomerates is undesirable due to the necessity of additional size reduction processes for subsequent processing. This, in turn, is expected to hamper the market growth of the market.

Technology Insights 

Based on technology the market is segmented into centrifuges, Agitated Nutsche Filter-dyers (ANFD) and others. The ANFD segment dominated the market and accounted for revenue share of over 50.0% in 2022 and is expected to grow at the fastest CAGR of 8.9% over the forecast period. ANFD has numerous advantages such as the inert gas atmosphere can be maintained, the blending of products is possible before discharging, and product purity is maintained throughout the entire process. It is used in applications such as dyes, pharmaceuticals, chemicals and textiles and is a combination of dryer & filter units in a single piece of equipment

ANFD is used in various applications such as dye, paints, varnish & surface coatings, pharmaceutical production, and wastewater treatment. ANFD is a closed vessel designed to separate solid and liquid under pressure or vacuum. The closed system maintains product purity and cleanliness by ensuring odorless, contamination-free, and non-polluting working circumstances. ANFD is used widely in the production of pharmaceuticals and chemicals as well as in laboratories.

Centrifuges held a significant share in 2022 as they have numerous advantages, including the reduction of bad odors produced when dewatering using centrifuges versus traditional methods. This significantly reduces olfactory nuisances and the costs associated with spraying deodorants around the premises.

A centrifuge is a machine used to separate fluids, gases, or liquids based on their density. The separation is caused by spinning a container containing the material at a very high speed. The resulting forces cause the heavier materials to fall to the bottom of the container. There are numerous factors to consider while choosing a proper centrifuge, such as speed regulation range, setting resolutions, centrifuge weight, nominal functioning voltage, and power consumption.

End-use Insights 

Based on end-use the market is segmented into pharmaceutical, chemicals, water and wastewater treatment, food & beverages and others. The chemical segment dominated the market and accounted for revenue share of 40.8% in 2022. The chemicals industry is witnessing increased adoption of filtration & drying equipment owing to their high chemical resistance and adherence to the relevant filtration parameters to achieve the highest possible quality of end products. The water and wastewater segment is expected to grow at the fastest CAGR of 9.9% over the forecast period. Filtration and drying equipment are used for water & wastewater treatment and sewage processing. They are employed for removing particles, such as metal shavings, from industrial lubricants. This equipment is critical for the separation of precious synthetic materials throughout the production process.

The filtration and drying equipment is widely used in the pharmaceuticals industry for the bulk production of drugs and biological products, evaluation of suspensions and emulsions, and determination of the molecular weight of colloids. During the bulk production of drugs, they are separated from the mother liquor by centrifugation after their crystallization. For instance, traces of mother liquor are separated from aspirin crystals using the centrifugation method. 

Filtration and drying processes play a key role in ensuring and maintaining proper operational conditions of food and beverage processing equipment, as well as in keeping food and beverages fresh and prolonging their shelf life. Filtration and drying equipment are largely used in industrial manufacturing as they reduce the contamination of final products by eliminating impurities and protecting the taste and quality of food & beverages manufactured. 

Regional Insights 

Asia Pacific dominated the global filtration and drying equipment market and accounted for a revenue share of 40.7% in 2022 and is expected to grow at the fastest CAGR of 9.4% over the forecast period. The rising demand for filtration and drying equipment in various end-use sectors such as pharmaceutical, chemical, food and beverage, and water and wastewater treatment, and other end-use sectors are expected to drive the market. 

Increasing healthcare spending, rising R&D investments, and the emergence of biologics and biosimilars are some of the factors driving the European pharmaceutical industry. Furthermore, the presence of a favorable regulatory framework and reimbursement policies are expected to drive the demand for pharmaceutical products in this region, thus, facilitating the growth of the market. 

Central & South America is expected to register a significant CAGR of 9.0% over the forecast period owing to an increase in power, food & beverage, and energy setups that necessitates high-quality water for use in product processing, which is driving the growth of the water and wastewater treatment industry. Furthermore, stringent environmental regulations and increased investments in sewage treatment projects for municipalities and industries have fueled the growth of filtration and drying equipment. 

A rising number of awareness initiatives undertaken by public and private organizations are expected to benefit the Active Pharmaceutical Ingredients (API) market. Furthermore, increasing usage of organ-on-chip models in drug development and increased emphasis on precision medicine are expected to result in an increase in the demand for API, which will further drive the market for filtration and drying equipment. 

Key Companies & Market Share Insights 

The companies are undertaking strategies such as acquisitions, investments, and innovation to increase their revenues. They are expanding their production capacities to facilitate the respective markets. The market is competitive due to the presence of several major companies and is characterized by the presence of a significant consumer base across the globe with the companies operating their businesses through dedicated distribution networks.

Key players also focus on joint ventures and product development to stay ahead of the competition. For instance, in October 2020, HEINKEL Process Technology GmbH launched flexible filtration processes for pharma products with the PAC system to produce high-quality pharma products. 

Recent developments

• In May 2023, Amar Equipment collaborated with HLE Glascoat for pilot and lab scale agitated nutsche filter dryer. The collaboration is expected to revolutionize the production with the help of HLE Glascoat’s extensive marketing strategies and Amar Equipment expertise in manufacturing.

• In April 2023, HEINKEL launched BLUETECTOR, a new generation of peeler centrifuges. It provides maximum flexibility and highest efficiency and offers a wide range of solutions providing excellent product quality for various solids & increasing productivity overall for large production volumes.

Filtration And Drying Equipment Market Report Scope

Global Filtration And Drying Equipment Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global filtration and drying equipment market on the basis of technology, end-use, and region:

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Centrifuges

  • Agitated Nutsche Filter-Dyers (ANFD)

  • Others

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Pharmaceutical

  • Chemical

  • Water & Wastewater Treatment

  • Food & Beverage

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Russia

  • Asia Pacific

    • China

    • Japan

    • India

    • Australia

    • Thailand

    • South Korea

    • Indonesia

    • Malaysia

  • Central and South America

    • Brazil

    • Argentina

  • Middle East and Africa

    • Saudi Arabia

    • South Africa

    • UAE