01|Report Table of Contents

1. Overview of the Drying Equipment Industry and Explanation of Data Sources

2. Macroenvironmental Analysis (PEST) of China’s Drying Equipment Industry

3. Research on the Current Status of the Global Drying Equipment Industry and Insights into Market Trends

4. Analysis of Market Supply and Demand Conditions and Key Development Challenges in China’s Drying Equipment Industry

5. Market Competition and Financing & M&A Analysis in China’s Drying Equipment Industry

6. Research on the Industrial Chain Structure and Full-Chain Layout of China’s Drying Equipment Industry

7. Case Study on the Strategic Deployment of Key Enterprises in China’s Drying Equipment Industry

8. Market and Investment Strategy Planning Recommendations for China’s Drying Equipment Industry

02|Content Overview

I. Overview of Drying Equipment

As a critical piece of industrial infrastructure, the core function of drying equipment is to remove moisture or solvents from materials by transferring thermal energy, thereby stabilizing the materials and facilitating subsequent processing. A wide variety of drying equipment is available, with selection primarily guided by the mode of heat transfer, the properties of the material being dried, and process requirements. The choice of drying equipment and the associated process design directly influence the quality and characteristics of the final product.

Introduction to the Applications of Drying Equipment in Various Fields

II. Dryer Equipment Industry Chain

The upstream industries for drying equipment primarily include steel, mechanical components, electrical components, and auxiliary equipment. Among these: steel is a bulk commodity characterized by transparent pricing and ample supply; mechanical components mainly consist of standard parts as well as custom-made parts fabricated by suppliers according to engineering drawings; electrical components primarily comprise motors, variable-frequency drives, controllers, and the like; and auxiliary equipment includes reactors, storage tanks, heat exchangers, pumps, and other ancillary units that are integral to production lines. The downstream application sectors are broad, encompassing new-energy battery materials, inks and coatings, photovoltaic electronic pastes, fine chemicals, food, and pharmaceuticals, with equipment procurement demand typically arising during the construction of new production lines or during technological upgrades.

III. Downstream of the Drying Equipment Industry Chain

Since 2020, driven by robust policy support and the rapid growth of downstream applications such as new-energy vehicles and energy storage, the global lithium-battery industry has expanded at a brisk pace, with companies continuing to ramp up production capacity. In 2023, total global shipments of lithium-ion batteries reached 1,202.6 GWh, up 25.6% year on year. As a major lithium-battery producer, China recorded lithium-ion battery shipments of 887.4 GWh in 2023, representing a 34.3% year-on-year increase and accounting for 73.8% of global total shipments—a share that continues to rise. In the manufacturing of lithium-battery cathode materials, drying and calcination are among the core processes. Benefiting from the rapid expansion of the global new-energy-vehicle and energy-storage sectors, the lithium-ion-battery industry has grown swiftly, leading to a sharp surge in demand for drying equipment.

IV. Development History of the Drying Equipment Industry

Since the 19th century, the global industrialization process has accelerated, leading to continuous optimization of drying equipment design and an ever-expanding range of applications. A variety of drying technologies have emerged, including spray drying and freeze drying, to meet the diverse material and process requirements. From the late 20th century to the early 21st century, advances in computer technology and new materials have driven the drying equipment industry toward greater intelligence, higher efficiency, and energy conservation and environmental protection. Today, with ongoing global technological progress, drying equipment must not only address the needs of drying novel materials but also undergo a rapid transformation toward green, low-carbon, and intelligent solutions, continuously adapting to new development demands.

Development History of the Drying Equipment Industry

Initial stage

Since the 19th century, with the accelerating pace of global industrialization, the design and application scope of drying equipment have continued to expand, leading to the development of a wide variety of drying technologies, such as spray drying and freeze drying. These advanced systems are better able to meet the diverse requirements of different materials and processes.

Stage of development

At the turn of the 20th to the 21st century, driven by advances in computer technology and new materials, intelligence, high efficiency, and energy conservation and environmental protection emerged as the new development goals for the drying equipment industry.

Transformation Phase

Currently, as globalization and the global technology industry continue to evolve, drying equipment is not only meeting the ever-emerging demand for drying new types of materials but also undergoing a transformation toward greater sustainability, lower carbon emissions, and increased intelligence.

V. Competitive Landscape of the Drying Equipment Industry

The drying equipment industry in China is highly market-oriented. While the sector features a large number of players, most are small in scale and generally lack strong technological capabilities, with their product offerings primarily concentrated in the mid- to low-end segments. As market demand for high-end products continues to grow, manufacturers that possess advanced drying technologies and robust in-house R&D capabilities are increasingly gaining a competitive edge, leading to a gradual shift in market share toward these firms and a corresponding rise in industry concentration.

Competitive Landscape of the Drying Equipment Industry

VI. Introduction to Key Enterprises in the Drying Equipment Industry

Changzhou Longxin Intelligent Equipment Co., Ltd. is a national-level “Specialized, Refined, Distinctive, and Innovative” Little Giant enterprise in the smart manufacturing sector. The company focuses on the R&D, production, sales, and service of equipment for preparing ultrafine powders—particularly high-end micro- and nano-scale composite materials—and automated production lines. Its core business and key products have continuously evolved and expanded in response to downstream customer needs and industry development trends. Over more than two decades of growth, the company has established three core business segments: grinding equipment, drying equipment, and automated material handling production lines. In the first half of 2024, the company recorded revenue of RMB 275 million.

Introduction to the Hua Jing Industry Research Institute

HuaJing Intelligence Network (www.hua0n.com) is affiliated with the HuaJing Industry Research Institute (HuaJing Aikai (Beijing) Enterprise Consulting Co., Ltd.). The HuaJing Industry Research Institute specializes in providing industry and economic intelligence for the Greater China region, with a mission to empower corporate business decision-making, and is a leading industrial consulting service provider in China. The Institute offers a wide range of advisory services to enterprises, individuals, universities, government agencies, industry associations, research institutions, and financial institutions, including traditional and emerging industry research reports, business plans, feasibility study reports, market research, customized reports, monitoring reports, big data on industrial parks, and industrial chain maps, which have earned widespread recognition from clients. Its industry research insights are extensively reprinted and cited by various media outlets, corporate websites, company prospectuses, and securities research reports.

Research Methods of the Hua Jing Industry Research Institute

The report by the Hua Jing Industry Research Institute employs a comprehensive and objective analytical approach that integrates desk research with quantitative surveys and qualitative analysis to thoroughly examine key aspects of the current industry landscape, including overall market size, industrial value chains, competitive dynamics, import–export patterns, operational characteristics, profitability, and business models. The study leverages a range of analytical frameworks and methodologies—such as the SCP model, SWOT analysis, PEST analysis, regression analysis, and the SPACE matrix—to conduct a holistic assessment of industry-specific factors, including the market environment, government policies, competitive positioning, technological innovation, market risks, industry barriers, opportunities, and challenges. Drawing on industry development trajectories and practical experience, the report provides objective forecasts of future trends, thereby supporting informed business decision-making.

Desk research

Provide a basis for assessing market size and development through analysis of secondary sources and data from third-party institutions.

Quantitative survey

Conduct standardized questionnaire surveys among key manufacturing enterprises and end-users, and use the sampled survey data to estimate the overall market size.

Qualitative Analysis

Through interviews with industry experts, key corporate executives, and channel partners, this analysis provides an in-depth interpretation of the current market landscape and challenges, while offering insights into emerging industry trends.

Comprehensive writing

Conduct a comprehensive analysis of the overall market size and development trends through a combination of qualitative and quantitative validation.