Fluid Bed Systems Market size in terms of volume and value 2017-2027
Fluid bed systems are highly versatile and designed for thermal treatment of fragile feed and heat sensitive materials. It was discovered in the late 1950s and customizable, fluid bed systems engineered to provide extremely high performance for various solid dosage processing applications. Fluid bed systems are used for reactors, dryers, and coolers and can be used for several processes includes, batch Granulation, spray coating of pellets, agglomeration of powder products as well as batch drying of granulates. Fluid bed systems are widely used in pharmaceutical industry and capable of drying and granulation in the same unit. There are various types of fluid bed systems available based on production capacity from 10 g to 700 kg whereas, in the pharmaceuticals industry, fluid bed system provides a wide range of applications facility as economically in a single system.
Fluid bed systems market: Dynamics
The key driving factor of the global fluid bed systems market is rapidly growing the pharmaceutical industry, owing to maximize the efficiency of granulation and drying and coating processes. The macroeconomic factors responsible for the growth of the global Fluid bed systems market are emerging economy such as Brazil, Argentina, India and China, the rapid rate of urbanization, changing lifestyle and per capita income. Another factor which drives the Fluid bed systems market across the globe is growing chemical industries, owing to a high demand for granulating and drying process of chemicals. Growing food and beverages industry are the major driving factor of global fluid bed systems market, attributed to a high demand for processed food among consumers. Few factors such as mergers and acquisitions with domestic players and increasing distribution channels will help to grow Fluid bed systems market across the globe. The key restraining factor such as which restricts global fluid bed systems market is various certification need to clear for manufacturing fluid bed systems. The key trends of the fluid bed systems market are manufacturing high technological fluid bed system for reducing nitrogen oxide emission across the globe.
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Fluid bed systems market: Segmentation
Fluid bed systems market can be segmented by end-use industry type, product type, product flow type, application type, production capacity type and region type globally
Fluid bed systems market can be segmented by end-use industry type as follow:-
Pharmaceutical
Nutraceutical
Chemical
Food & Beverages
Cosmetics
Fluid bed systems market can be segmented by product flow type as follow:-
Horizontal
Vertical
Fluid bed systems market can be segmented by application type as follow:-
Drying
Granulation
Coating
pelletizing
Fluid bed systems market can be segmented by production capacity type as follow:-
Lab scale production (10 g to 4 kg)
Pilot scale production (10 kg to 30 kg)
Medium scale production (50 kg to 300 kg)
Large scale production (up to 700 kg)
Fluid bed systems market can be segmented by product type as follow:-
Standard
Customized
Fluid bed systems market: Regional Outlook
Based on the geographies, global fluid bed market is segmented into seven regions includes Western Europe, North America, Latin America, Eastern Europe, Japan, Asia-Pacific except Japan and Middle East & Africa. Among above-mentioned regions, North America accounts high market share in global fluid bed systems market across the globe followed by Western Europe, owing to demand in pharmaceutical and chemical industries for various processes such as granulation and drying and coating. Western Europe is estimated a high growth rate in fluid bed systems market over the forecasted year due to large manufacturer and exporter of fluid bed systems across the globe. Asia-Pacific and Africa are predicted to witness a high growth rate of fluid bed systems market over the forecasted year across the globe, attributed to rapidly growing countries such as China, India, Philippines, and Kenya. Japan is estimated to see a high growth rate over the forecasted year in global fluid bed systems market due to a very large pharmaceutical market across the globe. Over the forecasted year, Brazil is predicated to see the high growth rate in global fluid bed systems market due to rapidly growing pharmaceutical market based on values across the globe.