Jet Mill Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2034
Page: 215 | Report Code: CM240909 | Research Suite: Report (PDF) & Market Data (Excel)
A jet mill is defined as a high velocity grinding mill, which employs the use of compressed air or an inert gas, to disintegrate, decrease the size, or mill particles into such fine or ultra-fine powders. Compared to classical grinding mills which operate through an impact system, jet mills suffice the energy of the air or the gas streams to a given material. In the mill particles are agitated at very high velocities and they come out as very small particles without the use of moving mechanical parts. This type of mill is well suited for heat sensitive or contamination easily products making the use of jet mills common in the pharmaceuticals, chemicals, food processing, and cosmetics industries among others. One of the most notable features of jet mills is their capability to produce a narrow particle size distribution range and allow for achieving particle sizes that can range from microns to nanometers.
Jet mills are commonly used for milling of abrasive materials and can
produce products of very high quality as well as milling in areas where
conventional milling may not be possible. The global jet mill market has been
experiencing a growth at a very high rate in the recent past years due to the
rising demand for micro- milling or ultra-fine grinding across the industry
sectors like pharmaceuticals, chemicals, foods processing, and agriculture
industry among others. This makes jet mill as the central technology of choice
for industries, especially in dealing with ultrafine grinding without
compromising on the purity of the end product.
The jet mill market is anticipated to reach USD XXX.X million by 2034 from USD XXX.X million in 2023, at a CAGR of XX.X% during the forecast period 2024-2034.
Policies that support growth of the pharmaceutical industry
especially in newly industrializing countries is a key factor that has
influenced the growth of the jet mill market. The use of jet mills is on a high
rise since there is a high demand for small particle sizes for formation of
APIs and other pharmaceutical products. Also, attributes to growth include
innovations in the techniques applied in producing the final product like the
modern efficient and precise milling machines. The advancements in technology
have made the jet mills to be affordable and cheaper in terms of cost to the
different end user industries hence is expected to drive the growth of the
market for jet mills during the forecast period 2024-2034.
Growth
Drivers:
The pharmaceutical industry is one
of the largest industry that have immensely influenced the growth of the global
jet mill market. Changing demographics of global population, coupled with the
rising incidence of chronic diseases, is driving the demand for new and
innovative drug formulations. For instance, the World Health Organization (WHO)
estimates and records that in the year 2023, chronic diseases accounted for 74%
of global mortality out of the total deaths occurring around the world claiming
41 million lives. Jet mills are essential in the creation of fine particle
sizes needed to make several pharmaceutical products, including APIs,
excipients, and inhalation medications.
The food processing industry has
increasingly adopted jet milling technology to develop uniformly powdered
flavors, colors, and supplements. There is growth in the requirement for
processed foods and drinks across the world due to changing consumer
preferences, urbanization, and increasing income levels. For instance,
according to the US Department of Agriculture (USDA), the total export value of
processed food products in 2023 from US, was accounted for USD 36.6 billion,
with a total volume of 10.5 million metric tons (MT). Food processing industry
favors the use of jet mills as they are capable of producing powders that are
very pure and therefore safe for consumption by humans.
Advanced technologies are now
being used in a way that makes jet mills to deliver their best performance.
Further improvements in automations, improved process control and superior
energy usage are now making the jet mills more appealing to industries that
need fine and the ultrafine grinding. For instance, the use IoT and or AI in
jet mills helps to continually check mill processes and improve milling
specifications in order to get the most ideal product quality. These
technologies provide increased accuracy, lower energy expenditures, and broader
compatibility in comparison with more traditional technologies in terms of
material and product types as well as their ability to process heat-sensitive
and abrasive materials.
Jet Mill Segmentation:
By Type:
·
Fluidized Bed
Jet Mill
·
Spiral Jet
Mill
·
Flat Jet Mill
·
Opposed Jet
Mill
·
Target Jet
Mill
·
Others
By Capacity:
·
Below 100 Kg/h
·
100 to 200 Kg/h
·
201 to 300 Kg/h
·
301 to 500 Kg/h
·
501 to 1000 Kg/h
·
Above 1000 Kg/h
By Sales Channel:
·
Direct Sales
·
Distributors
By End-User Industry:
·
Pharmaceutical
Industry
·
Chemical
Industry
·
Food
Processing Industry
·
Mineral
Industry
·
Agricultural
Industry
·
Others
By Region:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East
and Africa
Jet Mill Market by Type Review:
Based on the type, the jet mill market is segmented into six segments including fluidized bed jet mill, spiral jet mill, flat jet mill, opposed jet mill, target jet mill, and others. On the basis of type, the fluidized bed jet mill segment is expected to dominate the market in terms of market share, while the spiral jet mill segment is predicted to grow at the highest rate in terms of CAGR during the forecast period.
Jet
Mill Market by Capacity Review:
Based on the capacity, the market
is segmented into below 100 Kg/h, 100 to 200 Kg/h, 201 to 300 Kg/h, 301 to 500
Kg/h, 501 to 1000 Kg/h, and above 1000 Kg/h. On the basis of capacity, the below
100 Kg/h segment is expected to be the largest in terms of market share, while
the 501 to 1000 Kg/h segment is predicted to grow at the highest rate in terms
of CAGR during the forecast period.
Jet
Mill Market by Sales Channel Review:
Based on the sales channel, the
market is segmented into direct sales, and distributors. On the basis of sales
channel, the direct sales segment is expected to be the largest in terms of
market share, while the distributors segment is predicted to grow at the
highest rate in terms of CAGR during the forecast period.
Jet
Mill Market by End-User Industry Review:
Based on the end-user industry,
the market is segmented into pharmaceutical industry, chemical industry, food
processing industry, mineral industry, agricultural industry, and others. On
the basis of end-user industry, the pharmaceutical industry segment is expected
to be the largest in terms of market share, while the food processing industry segment
is predicted to grow at the highest rate in terms of CAGR during the forecast
period.
Regional
Outlook:
The jet mill market research report offers detailed analysis
and forecasts for five major regions i.e., North America, Europe, Asia Pacific,
Latin America, and Middle East and Africa.
The Asia Pacific region is forecasted to maintain its
dominant position in the global jet mill market, accounting for a projected
market share of XX.X% in 2023. The growth of the regional jet mill market can
be attributed to a factor of industrialization, the emergence the
pharmaceuticals industry and the need for fine powders in food production and
cosmetics among others. The jet mill market has a variety of economic growth in
the region include the developed markets Japan and South Korea and the emerging
markets such as China and India. Furthermore, the advancements in the jet mill
technology pertaining to automation, energy efficient and precise are being
observed at a rapid pace in the region, which is expected to boost the growth
of jet mill market in the region during the forecast period 2024-2034.
Currently, Asia Pacific has the fastest growth in jet mill
market due to its progressing manufacturing industry and growing
pharmaceutical, chemical, and food processing industries. Some of the leading
countries include China, India, Japan, and South Korea that are experiencing
large scale industrialization, enhanced investment on technology, and a growing
population of middle income earners who are in a position to afford better
quality good.
The Asia Pacific pharma industry is the key end-user of the
jet mill market. India and China are examples of countries that have vast
pharmaceutical industries with large scale manufacturing of generics, APIs and
other medicinal products. For instance, in India the "Make in India"
initiative, which promotes domestic manufacturing, is driving investments in
advanced technologies like jet mills to ensure competitive production.
Furthermore, high middle-class population in Asia Pacific region will propel the demand for quality consumer products, pharmaceuticals and processed foods which is likely to further drive the jet mill market in Asia Pacific region during the forecast period 2024-2034.
North America is the most mature market for jet mills,
primarily driven by the region's advanced pharmaceutical, chemical,
agriculture, and food processing industries. The United States, in particular,
dominates the North American jet mill market, with significant investments in
research and development, as well as high demand for precision milling
technologies. Furthermore, strict regulations by agencies like the FDA ensure
the need for precise and contaminant-free production processes, boosting the
adoption of jet mills. Moreover, the integration of automation and digital
controls in jet milling processes is gaining traction, enhancing production
efficiency, which is expected to further drive the market growth in the region
during the forecast period 2024-2034.
Key
Companies in Jet
Mill Market:
The research report offers a competitive analysis of
prominent companies operating in the global jet mill market. Some of the
leading players profiled in the market research report include:
·
Hosokawa Micron Group
·
Erich NETZSCH B.V. & Co. Holding
KG.
·
Fluid Energy Processing and Equipment
Company
·
Freund-Turbo Corporation
·
Kunshan Unique Machinery Co.,Ltd.
·
Promas Engineers, Pvt. Ltd.
·
The Jet Pulverizer Company, Inc.
·
Midas Microtech Engineering Private
Limited
·
Sturtevant, Inc
·
Rieco Industries Limited
·
EPIC Powder Machinery Co., Ltd.
· Other Player’s