Demand for drying equipment will continue to grow

Compared with other industries, the drying equipment industry has the characteristics of small production scale, low barriers to entry, decentralized services, and low overall technical content. According to statistics, drying industry companies have an annual sales income of less than 5 million yuan, accounting for more than 60% of domestic enterprises, while manufacturers with annual sales revenue of more than 10 million yuan account for only 5%-8%. The product quality of the entire industry is generally low, and the product is similar to the phenomenon. There is a big gap between the manufacturing of large-scale drying equipment and the international level.

According to statistics, the domestic market share of drying equipment in China has reached more than 80%. It is expected that during the “10th Five-Year Plan” period, the domestic market share of domestic drying equipment will reach more than 90%. The focus of competition among enterprises mainly focuses on product quality, technical level, after-sales service and price. According to relevant predictions, in the next few years, the demand for drying equipment in China's chemical industry will reach around 3,000 (sets); the annual demand for pharmaceutical drying equipment will reach around 3,000 (sets); for agriculture, forestry, food, light industry, etc. The annual demand for drying equipment is expected to reach around 5,000 sets. In addition, with the development of technology, export drying equipment will also increase from 5% to 10%, and the region will also expand from Southeast Asia to Europe and the United States.

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