Global Fluid Bed Systems market will reach 714.42 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/9/3

The global market for fluid bed systems will witness significant growth due to rapidly developing medical industry to maximize the efficiency of coating, granulation, and drying processes. Expanding food & beverages industry with growing demand for processed food among consumers will drive the market in the coming years. Positive trends in the chemical industry due to increasing demand for drying and granulation process of chemicals also projected to propel the growth of the market over the forecast period. Moreover, manufacturing of high technological fluid bed systems for decreasing nitrogen oxide emission around the world is one of the major trends to fuel the growth of the market in the near future.

However, strict certification is required to be cleared for the production of fluid bed systems, which may hinder the growth of the market.

According to the report, the global fluid bed systems market will reach US$714.42 mn by 2025 from US$579.27 mn in 2018. The report anticipates that the market will register a CAGR of 3.04% by 2025.

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https://www.qyresearch.com/index/detail/986080/global-fluid-bed-systems-market
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