-- According to a new report published by Allied Market Research, titled, “Jet mill market type and end-user industry: global opportunity analysis and industry forecast, 2020–2027,” the global jet mill market size is expected to reach $185.7 million in 2027 from $138.7 million in 2019, growing at a CAGR of 4.9% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for a 40.0% share of the jet mill market.
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Jet milling is a primary particle size reduction process, which utilizes compressed, high pressure air to generate high velocity collision between material particles that reduces its size. Jet mills are often used in chemicals, polymers, ceramics, and other industries for grinding friable material, which has the tendency to break into smaller pieces. Average particle size obtained from jet mills can range between 1 and 10 micron.
Covid-19 Impact Analysis
The COVID-19 pandemic has negatively affected the jet mill market mainly due to halt in international trade, prolonged lockdowns, and ceased manufacturing processes. In addition, major end-user manufacturing companies located in countries such as the U.S., China, Germany, and the UK are also facing financial impacts due to halted production, which is expected to hinder growth of the jet mill market in 2020.
Key Players
The major players operating in the jet mill industry include Erich NETZSCH GmbH & Co. Holding KG, Fluid Energy Processing and Equipment Company, Freund, Ltd., Hosokawa Micron Corporation, Kurimoto, Ltd., Promas Engineers Private Limited, Shandong Alpa Powder Technology Co., Ltd., The Jet Pulverizer Company, Inc., Kunshan Unique Machinery Co., Ltd., Midas Microtech Engineering Private Limited.
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Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging global jet mill market trends and dynamics.
In-depth analysis of the market is conducted by constructing estimations for the key segments between 2019 and 2027.
Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive jet mill market opportunity analysis of all the countries is provided in the report.
The global jet mill market forecast analysis from 2020 to 2027 is included in the report.
The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the industry.
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Contact Info:
Name: David Correa
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Organization: Allied Market Research
Address: 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States
Phone: 18007925285
Website: https://www.alliedmarketresearch.com
Release ID: 89029622
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