According to the new market research report “High-Temperature Screw Conveyor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global High-Temperature Screw Conveyor market size is projected to reach USD 84 million by 2030, at a CAGR of 5.4% during the forecast period.
- Global High-Temperature Screw Conveyor MarketSize(US$ Million), 2019-2030
Source: QYResearch, "High-Temperature Screw Conveyor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global High-Temperature Screw Conveyor TopPlayers Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "High-Temperature Screw Conveyor - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
The market drivers for high-temperature screw conveyors are the increasing demand for automation and material handling equipment in various industries, such as food and beverage, pharmaceutical, agriculture, chemical, and mining and metallurgy. Screw conveyors can improve the production quality, packaging rate, and safety of the processes, as well as reduce the costs, labor, and energy consumption. Screw conveyors can also handle a wide range of challenging materials and applications, such as liquids, granules, powders, sticky, abrasive, corrosive, or hazardous substances.
Restraint:
The constraints of high-temperature screw conveyors are the potential failure of the structural and mechanical components due to the thermal stress, expansion, and corrosion caused by the heat. The choice of the steel type and the surface treatment is critical for the durability and reliability of the screw conveyor, as well as the economic viability of the application. The screw conveyor also requires proper insulation, sealing, and ventilation to prevent leaks, fire hazards, and worker injuries.
Opportunity:
The future opportunities for high-temperature screw conveyors are the development and popularity of energy-efficient and inexpensive screw conveyors that can optimize the energy consumption and the productivity of the material handling processes. The key regions that will contribute to the market growth are North America, Europe, and Asia-Pacific, where the demand for screw conveyors is high in various industries.
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