Rockville, May 23, 2023 (GLOBE NEWSWIRE) -- Classifier mills use classification technology to provide better results and a fine particle size after the milling operation is completed. The global classifier mills market accounts for a revenue valuation of US$ 2.33 billion in 2023 and is forecasted to increase at 4.1% CAGR over the next ten years.
Expanding world population has created a surge in demand for food products, which in turn, is expected to promote growth in the food processing industry. The aforementioned factor is slated to influentially augment the sales growth of classifier mills over the next ten years.
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Air classifier mills are expected to be the most sought-after type of classifier mills available in the global marketplace. Flourishing food processing and manufacturing activity in the Asia Pacific and Europe regions are also predicted to create highly opportune business opportunities for classifier mill suppliers in the future.
Key Takeaways from Market Study
- Over the next ten years, worldwide shipments of classifier mills are set to rise at a CAGR of 4.1%.
- The global classifier mills market is predicted to reach a value of US$ 3.48 billion by 2033-end.
- Surging demand for food processing and increasing industrialization are promoting the sales of classifier mills.
- The high cost of classifier mills and lack of awareness regarding their benefits are expected to hinder market development to some extent.
- Classifier mill sales in the food & beverage industry are predicted to increase at 4.9% CAGR from 2023 to 2033.
- Classifier mill demand in China is anticipated to reach a valuation of US$ 659.35 million by the end of the forecast period.
Demand for affordable and cost-effective classifier mills is expected to be fulfilled from countries such as India and China owing to low manufacturing costs and cheap labor, says a Fact.MR analyst.
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Winning Strategy
Classifier mill companies could benefit from the automation trend as they develop and launch new automated products. Classifier mill manufacturers are also expected to focus on improving the energy efficiency of their products to improve the sustainability compliance of industries.
More strategies that could benefit classifier mill companies have been listed and discussed in this latest research report by Fact.MR, a market research and competitive intelligence provider.
Competitive Landscape
Classifier mill manufacturers are focusing on expanding their product portfolio through new launches to increase revenue generation potential and gain a competitive edge over other market players.
- In September 2022, Kemutec, a leading name in the powder processing industry, announced the launch of a new air classifier mill. The new Easy-clean Air Classifier Mill was an addition to the trusted PPS range. The product came with an innovative design to optimize production uptime and improve productivity.
Key Players:
- ALPA Powder Technology
- Bepex International LLC
- Classifier Milling Systems
- DP Pulveriser Industries
- Hosokawa Micron Powder Systems
- Kemutec Group Inc.
- NEUMAN & ESSER GROUP
- NSI Equipments Pvt. Ltd
- Prater Industries
- Sturtevant
Key Segments of Classifier Mills Industry Research
- By Type:
- Air Classifier Mills
- Hammer Classifier Mills
- Cyclone Classifiers
- Pin Mills
- Table-top Lab Systems
- By Capacity:
- Up to 50 HP
- 51 to 100 HP
- 101 to 200 HP
- Above 200 HP
- By End Use:
- Pharmaceuticals
- Food & Beverages
- Chemicals & Petrochemicals
- Agriculture
- Waste Management
- Abrasives & Minerals
- Others
- By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global classifier mills market, presenting historical demand data (2018 to 2022) and forecast statistics for the period (2023 to 2033).
The study divulges essential insights on the market based on type (air classifier mills, hammer classifier mills, cyclone classifiers, Classifier Mills, table-top lab systems), capacity (up to 50 HP, 51 to 100 HP, 101 to 200 HP, above 200 HP), and end use (pharmaceuticals, food & beverages, chemicals & petrochemicals, agriculture, waste management, abrasives & minerals, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Key Questions Covered in the Classifier Mills Market Report
- What will be the estimated size of the Market in 2023?
- At what rate will the global Classifier Mills sales grow until 2033?
- Which are the factors hampering the Classifier Mills demand?
- Which region will spearhead the growth in the global industry by 2033?
- Which are the factors driving sales in the Classifier Mills Market during the forecast period?
Check out more related studies published by Fact.MR Research:
Turbo Mills Market Size: The global turbo mills market size is valued at US$ 1.25 billion in 2023 and is forecasted to expand at a CAGR of 4.5% to reach US$ 1.94 billion by 2033-end. Turbo mills are high-speed impact mills that are used for grinding, milling, and pulverizing a wide range of materials.
Knife Mills Market Share: The global knife mills market share has reached a size of US$ 796.63 million in 2023 and is forecasted to grow steadily at a CAGR of 5.1% to reach US$ 1.31 billion by 2033. A knife mill machine has a handle at the top for ease of usage and is typically made of steel or other metals.
Impact Mills Market Revenue: The global impact mills market revenue is valued at US$ 1.08 billion in 2023 and is forecasted to reach US$ 1.89 billion by 2033, expanding at a CAGR of 5.8%. Impact mills are used to process a wide range of materials, including minerals, chemicals, and food products. The market is expected to grow in the coming years due to the increasing demand for these machines in various industries.
Air-Swept Mills Market Growth: The global air-swept mills market growth is valued at US$ 1.03 billion in 2023 and is forecasted to reach US$ 1.63 billion by the end of 2033, expanding at a steady CAGR of 4.6%. The market is being driven by the need for efficient and cost-effective grinding solutions in various industries.
Classifier Mills Demand: The global Classifier Mills demand expanding at a CAGR of 5.8% over the forecast period (2023 to 2033) is valued at US$ 747.95 million in 2023 and is expected to reach US$ 1.31 billion by 2033. Pin mill machines are versatile and can handle a wide range of materials to produce fine and coarse particles.
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