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According to the latest report by IMARC Group, titled “Global Jet Mill Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the global jet mill market reached a value of US$ 141.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 184.9 Million by 2027 exhibiting a CAGR of 4.30% during 2022-2027.
Jet mills, also known as fluid-energy mills, are pulverizing equipment designed to grind materials using a high-speed jet of compressed air, gas, or steam to generate collision energy. They are widely used to reduce the particle sizes of friable and brittle materials, such as organic and inorganic pigments, chemicals, ceramics, pharmaceutical drugs, synthetic dyes, polymers, and agrochemicals. They offer minimal or no moving mechanical components and convenient component cleaning. As a result, jet mills find extensive applications across various industries to produce superfine particle dimensions and blend fine powders.
Jet Mill Market Trends and Drivers:
The market is primarily driven by the growing usage of fluidized jet mills for vertical and cylindrical milling of hard materials. Additionally, the escalating demand for skincare and cosmetics has accelerated the adoption of jet mills for grinding crystalline and temperature-sensitive components to provide a smooth texture to cosmetic products.
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Besides this, the rising product utilization to process pigments and micronize pharmaceutical drugs for enhanced potency and bioavailability of medicinal compounds has augmented the demand for jet mills. Furthermore, several technological advancements in industrial-grade jet mills and the growing need for additive manufacturing and 3D printing materials have propelled the market growth.
Other factors, including the increasing product usage for manufacturing superfine pesticide formulations and seed powders, developments in nanotechnology, emerging applications in the mining industry, and rapid industrialization, are also anticipated to catalyze the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Jet Mill Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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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The report has segmented the market on the basis of region, type, capacity and end use industry.
Breakup by End Use Industry:
• 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)
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If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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