Industrial Atomizer Market Trends

Growth Drivers

• Increasing Application in the Pharmaceutical Industry with Rising Healthcare – The pharmaceutical industry includes the manufacturing, processing, and formulation of drugs and other products. The rising medication consumption for various chronic diseases in people is driving the market growth. The global pharmaceutical revenue as of 2021 was estimated to be more than USD 1 trillion according to the estimations.
• Growing Demand for Atomizers in Combustors with Increasing Energy Demand – The value of combustors across the world is projected to reach over USD 2 billion by the end of 2030.

• Expanding Sales of Automobiles Owing to Growing Vehicle Purchases – The sales value of light vehicles in the year 2022 was more than 35 million in the U.S. as per the records.
• Rising Incidence of Asthma Cases across the World with Rising Air Pollution – As of 2020, more than 40% of children with 18 years and below age group were reported to have one or more asthma attacks and as of 2021 more than 3500 people died of asthma in the U.S.
• Increasing Use in Food Manufacturing Industry to Wash and Clean the Food Ingredients – The global value of food spray dying atomizers as of 2022 was estimated to reach approximately USD 500 million by the end of 2026.

Challenges

• Leave Deposition and Cause Surface Erosion – The incorrect fluid flow rates, narrow operation range, and fewer intervals between multiple layer sprays will lead to surface erosion and depositions on the particles which is expected to hamper the market growth.
• High Initial Investment and Maintenance
• Growing Competition from Generic Products