Industrial Dryer Market, by Product Type (Fluidized Bed Dryer (Batch, Continuous), Rotary Dryer, Spray Dryer, Flash Dryer, Vacuum Dryer and Other), by Operating Principle (Direct Drying and Indirect Drying), by End-use Industry (Food, Fertilizer, Chemical, Construction Material, Paper & Pulp, Pharmaceutical and Others) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Major companies in the market are involved in partnerships and collaborations, in order to enhance the market. For instance, in May 2016, the company entered into a long term service partnership agreement with TATA Chemicals Limited to restructure pyro-processing systems. The agreement includes repairing, rebuilding and modifying 7 calciners and 12 rotary dryers at the Green River, U.S. production facility.
Key players in the market are focused on mergers and acquisitions, in order to gain a competitive edge in the market. In June 2015, ANDRITZ AG acquired Euroslot KDSS, including its two subsidiaries in China and India which are involved in the manufacturing of separation and filtration equipment