Global Wet Granulators Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Granulators that are wet are often utilized in the chemical sectors to transform powders into denser granules efficiently and swiftly; these machines have the advantage of producing uniform sized granules with minimal dust production while accommodating various materials with differing moisture levels.
Market Key Insights
- The Wet Granulators market is projected to grow from $523.2 million in 2024 to $1.16 billion in 2034. This represents a CAGR of 8.3%, reflecting rising demand across Pharmaceutical Manufacturing, Chemical Industry and Food Processing.
- GEA Group, Glatt GmbH, L.B. Bohle are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Wet Granulators market and are expected to observe the growth CAGR of 6.1% to 8.7% between 2024 and 2030.
- Emerging markets including Indonesia, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.0% to 10.4%.
- Transition like Advancement in Pharmaceutical Sector is expected to add $94.7 million to the Wet Granulators market growth by 2030
- The Wet Granulators market is set to add $638 million between 2024 and 2034, with manufacturer targeting Capsule Filling & Mixture Blending Applications projected to gain a larger market share.
- With Technological advancements, and Regulatory compliance, Wet Granulators market to expand 122% between 2024 and 2034.
Opportunities in the Wet Granulators
The swift growth of industries in developing nations like the Asia Pacific area presents opportunities for the granulators market to expand further. Increased investments in the pharmaceutical and food processing sectors within these countries are set to boost the use of technology and consequently spur the demand, for wet granulators.
Growth Opportunities in North America and Europe
North America Outlook
In North America's market for granulators is experiencing strong growth and is expected to persist in the coming years mainly due to the thriving pharmaceutical sector that has a solid presence in the region with many leading multinational pharmaceutical and biotech firms calling it home. Furthermore the expanding food processing industry in the region relies heavily on granulators, for aggregating food substances, which reinforces the likelihood of market expansion. A key factor that also drives demand is the increase in research and development efforts. Coupled with competition in the market and the rise of new granulating technologies. The market trends become somewhat unpredictable. However there are opportunities available particularly in region's like chemical processing and recycling where wet granulators are gaining recognition for their role, in size reduction and material recycling.
Europe Outlook
Europe is a player in the wet granulator market due to its strong pharmaceutical industry and strict quality regulations set by the EU in this region. The high standards for quality often require the use of granulators to maintain consistent output levels which leads to an increase in market demand. Moreover the region has a flourishing food processing sector that also contributes to the need for granulators. One of the factors driving the European market is the growing focus, on recycling and transitioning towards a circular economy approach. This change highlights the contribution of wet granulators, in recycling efforts.
Market Dynamics and Supply Chain
Driver: Technological Advancements, and Increasing Pharmaceutical and Biotechnology Applications
Wet granulators are also crucial for maintaining quality standards in drug development and other biotechnological processes; this market is also driven by regulations in pharmaceutical production that ensure product quality and safety by distributing active pharmaceutical ingredients evenly in tablets to meet regulatory requirements, for effectiveness and safety.
Restraint: High Equipment Cost
Opportunity: Technological Advancements and Expanding Pharmaceutical Industry
In the world of pharmaceuticals where innovation is key. The need for effective equipment is constant wet granulators hold a significant place in the market landscape As the industry progresses wet granulation technology is expected to become increasingly important in optimizing drug formulation procedures thereby boosting the demand, for wet granulators.
Challenge: Technological Complexity
Supply Chain Landscape
BASF
Dow Chemicals
General Electric
Siemens
GEA
SaintyCo
LFA
Pharmaceutical
Food Processing
Chemical Industries
BASF
Dow Chemicals
General Electric
Siemens
GEA
SaintyCo
LFA
Pharmaceutical
Food Processing
Chemical Industries
Applications of Wet Granulators in Pharmaceutical Manufacturing, Chemical Industry & Food Processing
Wet granulators are extensively utilized in the pharmaceutical industry due to their ability to produce uniform granule sizes with minimal dust generation. High-shear wet granulators are the preferred choice for this sector as they help ensure homogeneity of the active pharmaceutical ingredient throughout the granules, which is crucial for drug efficiency and safety. Notable players using wet granulators in pharmaceutical manufacturing include Pfizer and GlaxoSmithKline; their use of these machines highlights the technologys advantage in improving drug bioavailability and reducing batch-to-batch variation.
In the food industry, wet granulators are primarily employed for reducing the size of food ingredients, thereby improving their digestibility and the shelf life of the final product. Oscillating and Roller compactors are typically used due to their high throughput capabilities and their ability to maintain the nutritional hit of the ingredient. Prominent food processing companies such as Nestle and Unilever utilize this technology to produce a wide range of products, showcasing its versatility and efficiency in various food processing applications.
Wet granulators hold a significant role in the chemical industry, mainly for facilitating better material handling and ensuring uniform composition of mixtures. These machines enhance the manufacturing of fertilizers, detergents, and inorganic chemicals, amongst others. High shear wet granulators are commonly used in this sector for their high speed, capacity, and ability to produce dense granules.
Recent Developments
Farragut Corporation, a global leader in pharmaceutical equipment, announced the launch of its next-generation Wet Granulators, designed for enhanced processing capabilities and improved energy efficiency
Following a robust period of growth, Powell Manufacturing unveiled its innovative Wet Granulators line, specifically tailored to the nutraceutical industry, reinforcing its competitive position in the market
Aquarius Technologies, renowned for its high-performing industrial machinery, made a strategic entry into the Wet Granulators market, introducing a range of granulators optimized for high-speed, continuous production.