The global pulverizing systems market size is expected to reach USD 3.32 billion by 2032, according to a new study by Polaris Market Research. The report “Pulverizing Systems Market Share, Size, Trends, Industry Analysis Report, By Type (Hammer, Ball, Pin, Impact, Attrition, Fluid Energy Pulverizers, and Others); By Capacity; By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The prominent factors fostering the market growth are the demand and need for advanced materials with several improved and advanced properties like high strength, precise particle sizes, enhanced durability, and a surging focus on recycling and waste management practices.
The significant expansion of the pharmaceutical and chemicals sector globally is likely to positively influence the demand for pulverizing systems, as these sectors require pulverized materials for various purposes, including drug formulation and material synthesis, thereby positively contributing towards market growth. For instance, in January 2023, Italvacuum introduced its new and improved double cone vacuum dryer pulverizer machine named “Criox System,” specially designed to treat various fine chemicals, chemical powders, and damp pharmaceuticals.
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Moreover, the growing incorporation of automation technologies in pulverizing systems to streamline operations and improve efficiency and advancements, including automated feeders, monitoring systems, and process controls that can be easily integrated into plant-wide control systems, and helps optimize production rates, reduce downtime, and improve product consistency, is allowing companies to increase their revenue streams and expand their market.
Innovations in grinding technologies that have led to the developing of high-speed and fine grinding systems have also gained significant traction in recent years. These systems utilize advanced grinding mechanisms and specialized grinding media that are particularly beneficial in industries like pharmaceuticals, chemicals, and minerals processing, where precise particle size control is crucial.
Pulverizing Systems Market Report Highlights
Polaris Market Research has segmented the pulverizing systems market report based on type, capacity, end use, and region:
Pulverizing Systems, Type Outlook (Revenue - USD Billion, 2023 - 2032)
Pulverizing Systems, Capacity Outlook (Revenue - USD Billion, 2023 - 2032)
Pulverizing Systems, End Use Outlook (Revenue - USD Billion, 2023 - 2032)
Pulverizing Systems, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
Report Attributes |
Details |
Market size value in 2023 |
USD 2.31 billion |
Revenue forecast in 2032 |
USD 3.32 billion |
CAGR |
4.1% from 2023 – 2032 |
Base year |
2022 |
Historical data |
2019 – 2021 |
Forecast period |
2023 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
Segments covered |
By Type, By Capacity, By End Use, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
Key companies |
Hosokawa Micron, American Pulverizer, T E C Engineering Associates, Atlas Copco Construction, Stedman Machine Company, Schutte Hammermill, Jet Pulverizer Company, Williams Patent Crusher, Fritsch Milling and Sizing, Retsch GmbH, Pallmann Industries, Herbold GmbH, and IKA Works. |
For Specific Research Requirements |