Chicago, Aug. 15, 2024 (GLOBE NEWSWIRE) -- The powder induction and dispersion systems market have largest market in north america. The increasing production and exports of pharmaceutical and chemical products are aiding the growth of the powder induction and dispersion systems industry in the region. The market for products such as salad dressings, mayonnaise, baby food, milk drinks, confectionery products, and sauces has witnessed significant growth. To improve the production efficiency of food products and pharma ingredients, a well-developed induction and dispersion technique is required with strategies that help to ascertain, which mixing process a manufacturer should adopt.
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On the basis of application, the pharmaceuticals segment is projected to be the largest contributor in the powder induction and dispersion systems market during the forecast period
The market is segmented, based on application, into food & beverages, pharmaceuticals, cosmetic and personal care products, and chemicals. The pharmaceuticals segment is projected to record the highest CAGR during the forecast period. The pharmaceutical industry witnesses significant adoption of powder induction and dispersion systems due to their sanitary standards and precision mixing requirements in pharmaceutical companies.
Aftermarket solutions to drive the adoption of inline mixing systems
The powder induction and dispersion systems industry is segmented, on the basis of mixing type, as inline and in-tank. The inline segment is projected to record a higher CAGR during the forecast period. The availability of aftermarket solutions is a key factor driving the growth for these systems. The ability to customize and retrofit shear pumps for different tank designs benefits the end users, in terms of cost and production time for tanks.
Process flexibility offered by continuous systems leads the way for powder induction and dispersion systems
The powder induction and dispersion systems market is segmented on the basis of process into continuous and batch systems. The continuous systems provide continuous operation and processing of compounds and are projected to witness a higher CAGR during the forecast period. The market in a continuous form is used across chemical applications such as paints and water-based systems. The use of batch systems is projected to decrease over the forecast period given the process advantages offered by continuous systems.
North America is projected to account for the largest market size during the forecast period
The North American powder induction and dispersion systems market is estimated to account for the largest share during the forecast period, while the Asia Pacific market is projected to grow at the highest CAGR. The increasing production and exports of pharmaceutical and chemical products are aiding the growth of the powder induction and dispersion systems industry in the region. North America increasingly witnesses a presence of manufacturers in the market, with major industry leaders maintaining their operations in the region.
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Key Market Players
Key players in the market include Admix Inc. (US), John Bean Technologies Ltd. (US), SPX Flow (US), Ystral GmbH (Germany), IDEX Corporation (US), Charles Ross & Son Co. (US), Hayward Gordon Group (Canada), Axiflow Technologies Ltd. (US), Silverson Machines Inc. (UK), Noritake Co. Ltd (Japan), IKA Werke GmbH (Germany), and Joshua Greaves & Sons Ltd. (UK). These players are undertaking strategies such as new product launches, acquisitions, and expansions to improve their market position and extend their competitive advantage.
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