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Report Attribute/Metric | Details |
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Market Opportunities | Growth in the food and beverage industry and the growth of new technology. |
Market Dynamics | In manufacturing systems, there is a need for increased productivity and efficiency. |
The Powder Processing Equipment market industry is projected to grow from USD 6,020.0 Billion in 2024 to USD 8,441.20 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.2% during the forecast period (2024 - 2032). Powder Processing Equipment Market Size was valued at USD 5,787.5 Billion in 2023. An increase in mining industry exploration, expansion of the food and beverage business, and advancements in the healthcare industry are the key market drivers accelerating market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Market CAGR for powder processing equipment is being driven by the Growing Economies in Emerging Markets. To engineer the powdered substance using several procedures and create the desired output, powder processing equipment is employed. Milling, air classification, mixing, and blending are steps in the powder processing process. Substances that are solid or semi-solid are initially transformed into smaller granular components before being further processed into powder. The machinery used to process powder transforms the hard components into thin particles that can be combined with water or other adhesives and utilized for a variety of tasks, such as metal fabrication or construction. Products like sugar, flour, coffee, powdered milk, and iron powder are examples of items that can be found as dry powder. Equipment for processing powder is widely utilized in industries like pharmaceutical, cosmetic, automotive, chemical, metal, food & beverage, and others.
Additionally, the construction and pharmaceutical industries are growing, and some of the major rivals in the industry are expanding their investments in the powder coating market. These factors all contribute to market expansion. Additionally, consumer products like air conditioners, ovens, and washing machines are increasingly using powder coating techniques. Additionally, the expanding food and beverage sector is promoting market expansion. The market is growing as a result of evolving powder coating procedures and increased automation. The restrictions preventing market expansion include strict regulatory criteria imposed by many governments and buff produced throughout the process.
As domestic production and near shoring rise in the United States, the demand for powder coat guns is predicted to rise. Because of the U.S. government's emphasis on coatings that don't emit volatile organic compounds, it is also anticipated that demand for powder coating equipment will rise. Rising private company investments in the paint and coatings industries in this area are also predicted to support market revenue growth.
For instance, the use of powdered goods combined with liquid by consumers is growing as a result of changes in lifestyle trends. The powder is the primary raw material used in coatings and other operations in sectors including food and beverage, medicines, and mining. The market for equipment for processing powder is experiencing growth restrictions due to rising raw material costs. Thus, result in driving the Powder Processing Equipment market revenue.
The Powder Processing Equipment Market segmentation, based on Technology includes Mixing and Blending, Drying and Cooling, Sintering, Compaction/Punches and Dies, and Others. The mixing and blending segment dominated the market. Blending diverse materials into a homogeneous final product is the function of mixers and blenders, which are components of bulk processing equipment. The machinery is used in processing and manufacturing facilities to blend meals, medications, chemicals, polymers, home goods, and minerals.
Figure 1: Global Powder Processing Equipment Market, by Technology, 2023 & 2032 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Powder Processing Equipment Market segmentation, based on End-Use, includes Food & Beverage, Pharmaceutical, Cosmetic, Chemical, Material, Metal, and Others. The production and processing of cocoa, collagen peptides, dairy, tastes, confections, food coloring, gelatin, infant formula, insects, instant soup, animal proteins, and other ingredients are only a few examples of the food & beverage applications that require powder processing equipment.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Powder Processing Equipment market area will dominate this market, due to the mining industry's expansion. In nations like the U.S., Canada, and Mexico, the need for powder processing equipment has expanded due to growing mining exploration activities, expanding food and beverage production, swift healthcare sector expansion, and an increase in medical facilities.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Powder Processing Equipment Market Share By Region 2022 (USD Billion)
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Europe Powder Processing Equipment market accounts for the second-largest market share due to the Rising pharmaceutical product demand in the U.K., Germany, France, and other countries is one cause that is anticipated to drive up the price of powder processing equipment in the near future. Further, the German Powder Processing Equipment market held the largest market share, and the UK Powder Processing Equipment market was the fastest growing market in the European region
The Asia-Pacific Powder Processing Equipment Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to industrial hubs are expanding, FDI is increasing, the economy is rising, the manufacturing base is expanding, and key emerging economies like China, India, Japan, South Korea, and other Southeast Asian nations are receiving significant investment from large international players. Moreover, China’s Powder Processing Equipment market held the largest market share, and the Indian Powder Processing Equipment market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Powder Processing Equipment market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Powder Processing Equipmentindustry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Powder Processing Equipment industry to benefit clients and increase the market sector. In recent years, the Powder Processing Equipment industry has offered some of the most significant advantages to food and beverage industry. Major players in the Powder Processing Equipment market, including Hosokawa Micron Corporation, Baker Perkins Limited, Syntegon Technology GmbH, Hänsel Processing GmbH, Sollich UK Ltd, Dongsun Powder Processing Equipment Co. Ltd, Sanovo Technology Group, Powder Process-Solutions, Bepex International LLC, British Rema, and others, are attempting to increase market demand by investing in research and development operations.
Baker Perkins Ltd. is a British engineering company that makes equipment for food processing with its main office located in Peterborough, England. Its product portfolio includes a range of technology and applications for the bread, biscuit, confectionery, snack and breakfast cereal industries. In addition to its operations in the United Kingdom, the company also has a location in the American state of Michigan. In 2022, The Schenck Process Group, an international engineering firm with its headquarters in Darmstadt, Germany, includes Baker Perkins Ltd.
Dongsun Powder Processing Equipment Co. Ltd. is a Chinese business that specialises in the design and production of powder processing equipment. Since its founding in 1993, the business has established itself as a top supplier of processing machinery to a range of markets, including the adhesives, coatings, and cosmetics sectors. In 2020, The DS-PMT, a new planetary mixer from Dongsun, has been made available. The DS-PMT is intended to aid in the more effective processing of powders by manufacturers of a variety of goods, such as adhesives, sealants, and coatings. The mixer uses a distinctive planetary mixing motion to create a high level of homogeneity and dispersion, which can assist enhance product quality and shorten processing times. Manufacturers of diverse items frequently choose the DS-PMT since it is also made to be simple to use and maintain.
October 2022: Pometon S.p.A., with its headquarters in Maerne, Venice, Italy, has announced its involvement in IRON+, a joint venture established by Pometon, EMGroup, and Metalot to build what it says is the first fully functional commercial MegaWatt electrical power plant using iron powder-based fuel technology. IRON+ and Swinkels Family Brewers have signed an agreement of intent under which the technology would be used over the next 20 years to provide consistent heat for the organization's brewing process.
October 2019: Romaco declared that the new Macofar MicroMaxX 24 aseptic powder filling equipment, with a production rate of up to 24,000 vials per hour, will be made available by Romaco. The device also has a dual powder dosing disc that enables multiple dosing into a single vial.
August 2019: Ohlson Packaging is to introduce a high-speed rotary pouch filling machine and a cup and tray filling solution at PACK EXPO to offer its customers automated packaging. The inline cup and tray systems can accept up to 6 lanes of cups or trays from 2 inches to 12 inches wide and can run at up to 20 cycles per minute per line. They are designed for liquid, powder, scale, volumetric, manual and specialised filling.
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