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Powder and Dry Processing Market Insight Study 2016 Community Report

PBS Market Insight Study

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Page 1: PBS Market Insight Study

Powder and Dry Processing Market

Insight Study2016 Community Report

Page 2: PBS Market Insight Study

Purpose & MethodologyThe findings cited in this report are based on a survey sponsored by UBM on behalf of its publication, Powder & Bulk Solids. The research was conducted by Readex Research. The purpose of this research project was to collect market data regarding the powder and dry processing market.

Sample Composition¨ The survey was selected from Powder & Bulk Solids’ database of emailable, domestic subscribers who

receive Powder & Bulk Solids and/or eNewsletter(s) and who have opened an email from Powder & Bulk Solids at least once in the last 6 months.

¨ In addition, the sample included those people who registered for the International Powder & Bulk Solids (iPBS, The Powder Show) in 2016.

Contact Series and Response¨ The online survey fielded from June 20 to 30, 2016.¨ The survey was closed with 801 usable responses (2.9% response rate).¨ Margin of error based on 801 usable responses is ±3.4 percentage points at the 95% confidence level.

Page 3: PBS Market Insight Study

Readers Turn to Us to Learn

What is your level of agreement with each of the following statements about POWDER & BULK SOLIDS?

Helps stimulate ideas for new or different technological solutions

Alerts me to specific products/services that may

address problems or opportunities

Introduces me to suppliers and products I was not previously

aware of

Page 4: PBS Market Insight Study

industry conferences/trade shows

online communities (e.g., chat rooms, bulletin boards, blogs/user groups)

industry analysts/research organizations (e.g., Frost, Gartner)

direct mail

case studies/white papers

webcasts/webinars

social media (e.g., LinkedIn, Facebook, Twitter)

suppliers' e-newsletters/emails

distributors' websites

online supplier directories

trade publication: e-newsletters

suppliers' sales reps

videos (e.g., product demos, corporate profiles)

online catalogs

online engineering tools/calculators

trade publication: websites

trade publications: digital format

trade publications: print format

suppliers' websites

word-of-mouth/peers/colleagues

17%

21%

23%

28%

31%

33%

37%

41%

43%

43%

47%

48%

54%

55%

55%

57%

59%

65%

70%

70%

Monthly Resource Usage

About how often do you use each of the following resources for work-related purposes?

Page 5: PBS Market Insight Study

Resource Usage: First Source for New Technologies

Through which resources do you typically FIRST hear about new work-related technologies, products, or companies?

industry analysts/research organizations (e.g., Frost, Gartner)

online communities (e.g., chat rooms, bulletin boards, blogs/user groups)

online supplier directories

online engineering tools/calculators

videos (e.g., product demos, corporate profiles)

webcasts/webinars

distributors' websites

social media (e.g., LinkedIn, Facebook, Twitter)

case studies/white papers

direct mail

suppliers' e-newsletters/emails

online catalogs

suppliers' websites

trade publication: websites

industry conferences/trade shows

trade publication: e-newsletters

suppliers' sales reps

word-of-mouth/peers/colleagues

search engines

trade publications: digital format

trade publications: print format

4%

5%

7%

8%

8%

8%

9%

9%

10%

11%

11%

17%

19%

21%

23%

23%

26%

40%

41%

42%

51%

Page 6: PBS Market Insight Study

Resource Usage

For which of the following work-related purposes do you use each type of media?

resource researchproductinfo

tech trends/emerging tech

breaking news analysis

find potential suppliers

search engines 55% 59% 30% 25% 25% 43%case studies/white papers 36% 22% 23% 9% 21% 6%trade publications: print format 32% 55% 38% 22% 12% 35%online engineering tools/calculators 31% 12% 8% 1% 36% 3%word-of-mouth/peers/colleagues 28% 43% 35% 25% 19% 36%trade publications: digital format 27% 46% 35% 26% 9% 28%industry conferences/trade shows 26% 43% 42% 17% 11% 37%suppliers' websites 25% 57% 15% 9% 9% 20%trade publication: websites 23% 35% 21% 13% 10% 21%videos (e.g., product demos, corporate profiles) 23% 42% 12% 6% 8% 8%industry analysts/research organizations (e.g., Frost, Gartner) 22% 12% 18% 7% 14% 6%online catalogs 22% 51% 7% 3% 5% 21%webcasts/webinars 21% 30% 26% 7% 12% 6%online communities (e.g., chat rooms, bulletin boards, blogs/user groups) 18% 11% 16% 10% 9% 8%suppliers' sales reps 17% 52% 18% 10% 9% 20%distributors' websites 16% 41% 8% 6% 5% 16%online supplier directories 16% 31% 7% 3% 3% 31%social media (e.g., LinkedIn, Facebook, Twitter) 14% 10% 18% 18% 6% 10%trade publication: e-newsletters 12% 28% 24% 26% 5% 12%direct mail 11% 29% 16% 10% 5% 12%suppliers' e-newsletters/emails 11% 34% 17% 15% 5% 10%

Page 7: PBS Market Insight Study

Event and Conference Attendance

About how many of each of the following industry events do you attend in a typical year?

conferences: paid

conferences: free

trade shows

0.9

1.2

1.9

Page 8: PBS Market Insight Study

Event and Conference Attendance

Assuming the content is interesting and relevant, how likely would you be to attend an industry TRADE SHOW/CONFERENCE in each of the following scenarios?

the conference offers continuing education credits

the event sponsors evening/after-event networking activities

the conference location is beyond 300 miles from your home

you have to fly to the location

the event is multiple days (requiring overnight stay)

the trade show location is beyond 300 miles from your home

the city/destination of the event is appealing to you

you can travel by car to the location within a day

travel/lodging is paid for by your company

21%

21%

22%

24%

27%

28%

32%

52%

54%

Page 9: PBS Market Insight Study

Event and Conference Attendance

How many times have you ever attended the Rosemont (Chicago), Illinois International POWDER & BULK SOLIDS show (PTXi/iPBS/Powder Show)?

5 - 98%

10 - 194%

20 or more3%

no answer1%

none41%

1 - 231%

3 - 412%

Page 10: PBS Market Insight Study

Industry Trends

Which of these industry trends/topics interest you the most?

personnel changes (e.g., new hires, promotions)

employment trends/challenges

mergers & acquisitions

market information (e.g., food, chemical, pharmaceutical)

consumer-driven production challenges/changes

regulatory and governmental (e.g., changes/compliance, OSHA, FDA, USDA, international trade agreements/law)

hazards and safety (e.g., NFPA, CSB)

emerging technologies (e.g., IIoT, DEM, 3D printing)

equipment (e.g., upgrading/retrofitting, new installations, maintenance, training)

10%

15%

16%

32%

33%

36%

40%

59%

74%

Page 11: PBS Market Insight Study

Time in Industry

Approximately how many years of experience do you have working in the powder and bulk solids industry, in any role and for any employer?

15 - 198%

20 - 2410%

25 - 2913%

30 - 3917%

40 or more6%

no answer1%

less than 18%

1 - 414%

5 - 912%

10 - 1411%

Average of 18.7

years in the

industry

Page 12: PBS Market Insight Study

Primary Job Function

Which of the following best describes your primary job functions?

engineering: construction

engineering: environmental safety

engineering: other

purchasing

plant management/operations/security

quality

engineering: chemical

plant maintenance/operations

R&D

manufacturing/production

owner

engineering: R&D

executive management

engineering: manufacturing/production

engineering: process

engineering: design

NET: ENGINEERING

5%

5%

8%

8%

9%

10%

11%

13%

13%

15%

15%

16%

17%

18%

18%

21%

51%

Page 13: PBS Market Insight Study

Primary Industry

What best describes the primary business industries of your company?

meat productspreserved fruits and vegetables

fats and oilsbeverages/flavors

dairy productssugar and confectionery products

bakery productsother foods and kindred products

grain mill productsNET: FOOD INDUSTRIES:

biomass/biofuelssoap, cleaners, and toilet goods

paints and allied productsagricultural chemicals

industrial organic chemicalsindustrial inorganic chemicals

other chemical productspharmaceutical/biotech/cosmetics/nutraceutical

plastics materials and syntheticsNET: CHEMICAL INDUSTRIES:

ordnance and accessoriestransportation (e.g., railroad, trucking, warehousing, storage)

gas and sanitary servicestobacco productselectric services

lumber/wood products/furniture and fixturesprimary metal industries

stone, clay and glass productspaper and allied products

construction materials (e.g., tile, gypsum, plaster)mining (metallic and non-metallic)

R&D consultants/engineeringpetroleum and coal products

rubber and miscellaneous plastics productscement/concrete/aggregate

NET: OTHER INDUSTRIES:

4%4%

6%11%11%

12%15%15%

17%37%

7%7%

8%11%

12%12%

14%20%

21%56%

3%4%4%4%

5%7%

9%9%

10%10%

12%13%13%

14%15%

60%

Page 14: PBS Market Insight Study

Vendor Selection Involvement

When your firm seeks to identify and evaluate suppliers/vendors, how are you typically involved?

other

not involved in identifying and evaluating suppliers/vendors

prepare reports/presentations on the alternatives

participate in planning/budgeting

supervise/participate in the evaluation process

involved in final decisions/approve recommendations of others

research/recommend suppliers to evaluate

identify specific needs for a new or different technology

meet with suppliers

4%

13%

23%

32%

38%

39%

52%

54%

54%

Page 15: PBS Market Insight Study

Importance of Vendor Attributes

When identifying and selecting suppliers/vendors, how important are the following factors to you?

brand recognition

word-of-mouth reputation

number of years the supplier/vendor has served the dry processing market

qualifications (e.g., ISO, GMP)

price

quality control

technical abilities

quality of product/service

37%

56%

60%

66%

72%

81%

88%

92%

Page 16: PBS Market Insight Study

Age of Equipment

How many years has your company had its major manufacturing equipment/systems for dry process-related products?

fewer than 5 years24%

5 - 9 years11%

no answer9%

10 years or more56%

Page 17: PBS Market Insight Study

Upgrade of Equipment

When does your company plan to update its major manufacturing equipment/systems for dry process-related products?

2 years or later11%

1 up to 2 years10%

within 12 months11%

no answer6%

no plans to update equipment/systems28%

don't know34%

Page 18: PBS Market Insight Study

Purchase Plans

When is your company planning to purchase items and/or services in each of the following categories?

within 12 months 1 up to 2 years 2 years or laterinstrumentation and control 27% 14% 9%dry processing and bulk solids handling accessories 24% 14% 8%valves, gates, and airlocks 24% 12% 7%weighing systems and scales 23% 13% 10%dust collection and air pollution control

21% 12% 13%material handling and transportation 21% 14% 11%mechanical conveying 20% 12% 9%feeders 18% 11% 11%explosion protection and safety 17% 8% 9%mixers and blenders 16% 13% 11%packaging and bagging 15% 12% 11%screening and separation 15% 10% 10%pneumatic conveying 14% 9% 8%size reduction 13% 7% 7%storage 13% 10% 10%drying and thermal solids processing 12% 8% 9%particle enlargers and formers 3% 4% 5%

Page 19: PBS Market Insight Study

Purchase Plans

What is the expected expenditure for the following types of items and/or services?

less than $50,000

$50,000 - $249,999

$250,000 - $499,999

$500,000 - $999,999

$1 million or more

accessories 20% 26% 5% 4% 6%drying and thermal solids processing 19% 15% 7% 5% 7%

dust collection and air pollution control 24% 24% 7% 2% 3%

explosion protection and safety 24% 24% 4% 2% 2%

feeders 27% 23% 4% 1% 2%instrumentation and control 25% 23% 6% 3% 3%

material handling and transportation 23% 22% 4% 5% 3%

mechanical conveying 22% 22% 6% 3% 3%

mixers and blenders 19% 27% 7% 4% 2%

packaging and bagging 23% 21% 7% 4% 5%

particle enlargers and formers 25% 19% 7% 1% 3%

pneumatic conveying 19% 22% 9% 4% 4%screening and separation 30% 18% 6% 2% 2%

size reduction 24% 18% 9% 3% 4%storage 22% 18% 8% 2% 6%valves, gates, and airlocks 32% 17% 5% 1% 2%

weighing systems and scales 35% 19% 4% 2% 1%

Page 20: PBS Market Insight Study

Challenges Faced

In what areas is your company experiencing challenges?

other

responding to pressures for custom products/services

mergers/acquisitions of firms

re-engineering our business process

integrating the activities of our departments, facilities, and/or suppliers

introducing higher quality products/services

needing to open new revenue streams/markets

responding to pressures for less costly products/services

more competitors; more aggressive competitors

staying current with rapidly changing technology

conducting business globally

shortening development/process/production time

effectively implementing technological improvements

creating products/services that have a competitive edge

less experienced/less educated work force

dealing with regulatory issues (e.g., safety, environment)

increased pressures for productivity

increased pressures for profitability

6%

10%

10%

11%

12%

14%

14%

15%

18%

18%

19%

21%

21%

22%

26%

26%

27%

34%

Page 21: PBS Market Insight Study

Age of Community

What is your age?

50 - 5936%

40 - 4918%

no answer2%

under 251%

25 - 294%

30 - 398%

60 or older31%

Page 22: PBS Market Insight Study

Geographic Location

Geographic Distribution

NORTHEAST: New England (CT, MA, ME, NH, RI, VT)

Middle Atlantic (NJ, NY, PA)

MIDWEST: East North Central (IL, IN, MI, OH, WI)

West North Central (IA, KS, MN, MO, NE, ND, SD)

SOUTH: South Atlantic (DC, DE, FL, GA, MD, NC, PR/VI, SC, VA, WV)

East South Central (AL, KY, MS, TN)

West South Central (AR, LA, OK, TX)

WEST: Mountain (AZ, CO, ID, MT, NM, NV, UT, WY)

Pacific (AK, CA, HI, OR, WA)

4%

13%

35%

11%

12%

4%

8%

3%

10%

Page 23: PBS Market Insight Study

About Readex Research

¨ Nationally recognized independent research company located in Stillwater, Minnesota.

¨ Roots are in survey research for the magazine publishing industry, but specialization in conducting high-quality survey research (by mail and/or the Internet) has served diverse clients from many other markets.

¨ Since its founding in 1947, Readex has completed thousands of surveys for hundreds of different clients.

¨ The response was tabulated and this report was prepared by Readex in accordance with accepted research standards and practices.