Hopper Dryers Market Projected To Witness Optimistic Growth Trajectory on Backdrop of Multiple Factors
Growing Demand for Plastic Processing Machinery Could Drive Hopper Dryers Market
Hopper dryers are also called hot air dryers, and they make the perfect choice for eradicating moisture from the surface of pellets of non-hygroscopic resin, before melting them. Manufacturers dealing in such products are well aware of the continuous struggle, and know that the failure to dry pellets properly left undesirable level of moisture, spoiling the finished product.
Hopper dryers are highly used to dry plastics and other polymers as they are capable of removing moisture directly right at the top of the machine. Any type of moisture in the plastic resins no matter hygroscopic or non-hygroscopic, hampers the quality and the surface finishing of the molded parts and products.
Key Players in Hopper Dryer Market Adopting Strategies to Promote Business Growth
Some of the main players in the hopper dryer market are
- ACS Group
- Bry-Air Conair
- Dri-Air Industries Inc.
- Kenplas Industry Ltd.
- Motan Colortronic
- Novatec Inc.
- Summit Systems
- Yann Bang etc.
The leading players in hopper dryers market are embracing technology to enhance their products and are adopting wide range of strategies, like acquisitions, product launches, and others, to increase their business revenue globally.
Novatec Inc.: The prominent player in hopper dryers market has opened a 35,000-square-foot manufacturing facility in Brookhaven in 2016 to expand its business of dryers in North America.
Main Drivers of Hopper Dryers Market
Growing demand in plastic processing machinery
The growing demand for plastic processing machinery like an injection molding machine, globally could fuel the growth of hopper dryers market. Additionally, the injection molding machine market is propelled by the mounting demand for injection-molded parts from a wide range of end-use industries, including consumer goods, packaging, automotive, to name a few.
Hopper Dryers: Low Energy Consumption Compared to Conventional Processes
The standard hopper dryers provide an effective and pocket-friendly method for drying plastic material. The method uses hot air to dry wet materials that gets moisture during packaging, transportation, and recycling cycles. Hopper dryers mount them directly on the moulding machine for instant drying and space saving.
Segmentation of Hopper Dryers Market
Hopper dryers market can be segmented on the basis of product and application.
- By application, hopper dryers market can be bifurcated into injection molding machine; extrusion machine, and blow molding machine.
- Based on product types, the market can segmented into less than 100KG, 100KG to 500KG, and above 500KG. The demand of 500KG segment of hopper dryers is likely to soar, owing to increase in deployment of over 500KG capacity hopper dryers in injection molding machine and extrusion machine.
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