Global Powder Processing Equipment Market is valued at approximately USD 4.73 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2023-2030. Powder processing equipment is machinery and tools designed to handle, process, and manipulate powdered materials. These materials can include a wide range of substances, such as chemicals, minerals, pharmaceuticals, food ingredients, and more, in powdered or granular form. Powder processing equipment is utilized in various industries, including pharmaceuticals, food processing, chemical manufacturing, cosmetics, ceramics, metallurgy, and many others. The Powder Processing Equipment market is expanding because of factors such as growing demands for powered products and process optimization, growth in additive pharma manufacturing industries and rise in the cosmetic and personal care industry.
The rising pharma manufacturing industry is driving market growth. As the global population grows and healthcare needs expand, there is a higher demand for pharmaceutical products. This drives pharmaceutical manufacturers to increase their production capacity, leading to a greater requirement for efficient powder processing equipment to handle the manufacturing processes for instance, In March 2021, Amgen revealed its intentions to enhance manufacturing capabilities by unveiling plans for the construction of a state-of-the-art drug substance manufacturing facility in Holly Springs, N.C., situated within the Raleigh-Durham metropolitan area of Wake County. This strategic move involves significant investment to meet the growing requirements for our medicinal products, particularly biologics. Similarly, in April 2022, Ferring Pharmaceuticals announced the opening of its integrated R&D and manufacturing facility in Hyderabad and was established with a total investment of USD 32.59 million. The R&D capability includes formulation development, packaging development, and analytical development. The manufacturing facility is mainly designed for the oral solid dosage form. In addition, growth in the chemical and material industry, and increasing government investment in the manufacturing industry are some factors creating new opportunities for the market. However, the high cost of powder processing equipment and lack of skilled workforce stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Powder Processing Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as rising technological advancements in equipment, integration of IoT and digital technologies in process equipment, and the rising manufacturing industry. Whereas, Asia Pacific is projected to witness the fastest growth owing to factors such as the rising manufacturing industry, rising government investment in the medical manufacturing industry, and rising chemical industries in the region.
Major market player included in this report are:
Sanovo Technology Group
Syntegon Technology GmbH
Powder Process Solutions
Charles Ross & Son Company
Hänsel Processing GmbH
Hosokawa Micron Corporation
Bepex International LLC
Guilin Hongcheng Mining Equipment Manufacture Co. Ltd
Ongsun Powder Processing Equipment Co., Ltd.
Recent Developments in the Market:
Ø In October 2022, Pometon S.p.A., headquartered in Maerne, Venice, Italy, revealed its participation in IRON+, a collaborative initiative formed by Pometon itself, EMGroup, and Metalot. The primary objective of this joint venture is to construct the inaugural fully operational MegaWatt electrical power plant, leveraging innovative iron powder-based fuel technology. , IRON+ has also entered into a preliminary agreement with Swinkels Family Brewers. This arrangement outlines the adoption of the technology to ensure a steady heat supply for the brewery’s production procedures throughout the upcoming two decades.
Global Powder Processing Equipment Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Technology, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Mixing and Blending
By End User:
Food and Beverage
Construction and Mining
Middle East & Africa
Rest of Middle East & Africa