IMARC Group, a leading market research company, has recently releases report titled “Jet Mill Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global jet mill market trends, share, size and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the jet mill market?
The global jet mill market size reached US$ 147.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 186.2 Million by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.
What is jet mill?
A jet mill is a type of grinding mill that utilizes high-speed jets of compressed gas or air to disperse and pulverize particles. It grounds materials by introducing them into a chamber where high-velocity jets of gas or air are directed toward them. It utilizes the kinetic energy of the gas particles, which causes the particles of the material to collide with each other, resulting in a size reduction. It offers precise control over particle size distribution. It also helps to reduce processing time and energy consumption. It is often used in industries such as chemicals, food processing, and minerals.
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What are the growth prospects and trends in the jet mill industry?
At present, the increasing demand for fine and ultra-fine particles in the pharmaceutical industry represents one of the crucial factors impelling the growth of the market.
Besides this, the growing advancements in jet mill technology for improving the efficiency, performance, and scalability of the mills are offering a favorable market outlook. In addition, the increasing demand for novel drug formulations that exhibit improved bioavailability and solubility is propelling the growth of the market.
Apart from this, the rising adoption of jet mills as an alternative to traditional mills for their sustainable and eco-friendly characteristics is contributing to the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
- Fluidized Bed Jet Mill
- Spiral Jet Mill
- Others
Breakup by Capacity:
- Less than 200 kg/h
- 201 to 1000 kg/h
- More than 1000 kg/h
Breakup by End Use Industry:
- Chemical Industry
- Pharmaceutical Industry
- Mineral Industry
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Erich NETZSCH GmbH & Co. Holding KG, Fluid Energy Processing & Equipment Company, FREUND Corporation, Hosokawa Micron Corporation, Kunshan Unique Machinery Co. Ltd., Kurimoto Ltd., Loesche GmbH, Midas Microtech Engineering Private Limited, Promas Engineers Private Limited, Tecnologia Meccanica and The Jet Pulverizer Co. Inc.
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