The hoppers dryers market is largely dominated by established players having a presence across the globe. Some of the key players in the hopper dryers market include Bry-Air, Motan Colortronic, Novatec Inc., ACS Group, Conair, Dri-Air Industries Inc., Shini Plastics Technologies Inc., Kenplas Industry Ltd., Summit Systems, and Yann Bang. The key players have implemented various strategies such as acquisitions to promote their business in the global market. In 2016, Novatec Inc., started a manufacturing facility in Brookhaven, thereby expanding its business of dryers in North America. Major global vendors of the industry are expanding their business units and investing heavily in the development of next generation products.
Hopper dryers are mainly used in the plastic industry to remove moisture from different surfaces. Hopper dryers are also often referred to as air dryers. The procedure of moisture removal is done before the melting is carried out. Failure to absorb moisture might make the overall finished product defective. Hence hopper dryers make sure that sufficient drying is carried out and helps to save time. In hopper dryers, the water molecules collected right on the surface of plastic are not allowed to penetrate into the pellet.
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Hopper dryers can become more efficient if humidity levels are regulated properly. Hopper dryers can offer better results when there is constantly low level of humidity. These dryers come with a precise temperature control system which helps in maintaining accurate temperature. The possibility of contamination or re-absorption of moisture is eliminated after drying directly from a central drying position to the machine hopper. The hopper dryers are designed in such a way that its body and lower part can be easily separated, thereby making it convenient to use. The design ensures that its efficiency and performance level is very high. The exterior of hopper dryers are made sturdy to resist corrosion and climatic factors like rusting.
Increase in demand for plastic processing machinery is expected to lead to the adoption of hopper dryers, thereby boosting the expansion of the market. The various features of hopper dryers such as low maintenance, robustness, and ease of operation drive the growth of the hopper dryers market across the world. Sometimes general hopper dryers are not sufficient for PET plastic products. In such a case, dehumidifiers can provide dried air to dew-point down to -40°C to reduce the moisture and improve its nature.
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The hopper dryers market can be segmented on the basis of product size, capacity, application, and geography. Based on the size of the product, the hopper dryers market can be segmented into small, medium, and large. Based on capacity, the hopper dryers market can be divided as less than 100kg, 100kg-500kg, and above 500kg. Among these, more than 500KG segment holds dominant position and is expected to expand. Based on application, the hopper dryers market can be segmented as blow molding machine, injection molding machine, and extrusion machine, where the injection molding machine segment accounts for more than 75% of the total revenue.
This has contributed to the rise in demand for hopper dryers in consumer goods, electronics, and other industries. Based on geography, the hopper dryers market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. China dominates the hopper dryers market due to its manufacturing-based economy, which makes it an ideal market for tunneling and hopper dryer equipment. The hopper dryers market in Asia Pacific is expected to grow at a substantial CAGR, with mid-level players operating in countries such as India and Hong Kong.
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