The global industrial evaporators market is projected to grow from USD 18.7 billion in 2022 to USD 23.7 billion by 2027, at a CAGR of 4.8% from 2022 to 2027. The growth of the market is driven by the increasing demand from various manufacturing industries such as food & beverage, Pharmaceutical, chemical & petrochemical, automotive, pulp & paper and electronics & semiconductors.
The plate evaporators, by construction type of industrial evaporators market, is projected to be the fastest-growing segment from 2022 to 2027. Plate evaporators are cost-effective, require small space, and heat-transfer coefficients are often higher than for shell & tube evaporators.
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The mechanical vapor recompression, by functionality segment of the industrial evaporators market, is projected to be the fastest-growing segment during 2022 to 2027. Mechanical vapor recompression evaporators can be used for heat-sensitive materials, treating salt or brackish water, and areas, where steam cost is highMechanical vapor recompression, can be used in areas where utility steam is unavailable.
The food & beverage, by end-use industry segment of the industrial evaporators market, is projected to be the fastest-growing segment from 2022 to 2027. Industrial evaporators are widely used in food & beverage industry to concentrate various ingredients in the manufacturing process. It also finds application in the treatment of by-products in food processing.
Companies such as SUEZ Water Technologies & Solution (France), Sumitomo Heavy Industries, Ltd. (Japan), Veolia Water Technologies (France), GEA Group AG (Germany) and Alfa Laval (Sweden) fall under the winners’ category. These are leading players in the industrial evaporators market, globally. These players have adopted the strategies of agreement, acquisitions, contracts and partnership to fulfill the rising demand for industrial evaporators on the regional as well as global levels.
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SPX Flow, Inc. operates in more than 30 countries and has diverse product portfolio under segments such as evaporators, heat exchanger, heating products, among others. The company started its operation in 1958 in Charlotte, US. SPX Flow, Inc’s business mix consists of food & beverage and industrial divisions. In April 2022, a subsidiary of Lone Star Funds has acquired SPX Flow, Inc.
Veolia Water Technologies was founded in 1853 in Paris, France. The company is subsidiary of Veolia Group and offers various services required for water treatment plant. Veolia Water Technologies has presence in more than 50 countries and has 135 business unit worldwide. The company manufaturers various industrial evaporators for waste water treatment used in industries such as chemical, food & beverge, pharmaceutical and others. In May 2019, Veolia Water Technologies has been awarded a contract by Smurfit Kappa to supply state-of-the-art HPD systems at the Sangüesa mill in Northern Spain.
H2O Gmbh is one of the leading manufacturer of wastewater treatment system used in pharmaceutical, chemical, aviation and other industries. The company manufacturer various types of industrial waste water evaporators and provide services in more than 46 countries. In February 2019, H2O GmbH launched its new wastewater treatment system named VACUDEST XS Clearcat. It enable crystal clear, virtually oil-free distillate and satisfies strict requirements through its high COD reduction.
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The rotary evaporators segment is estimated to account for the majority of the solvent evaporators market share in 2018.
The large share of this segment can be attributed to the increasing demand for efficient & pure samples, growing investments in research & development by research institutes, rising demand for industrial-scale automation in terms of digitization, and the growing need for advanced analytical tools during drug diagnosis & research studies.Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68290365The research & academic institutes segment is expected to grow at the highest CAGR during the forecast period.
The growth in this segment can be attributed to factors such as the increasing drug development studies and the rising demand for continuous innovation and enhancement of existing products.The major factors driving the growth of this market are the growth of the biologics sector, increasing research and development expenditure, rising purity demands in end-use markets, and the growing development of large molecule biopharmaceuticals.Get Expert Analysis and Insights of Global Market | Request Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=68290365The research & academic institutes end-user segment is expected to grow at a high CAGRThe solvent evaporation market, by the end-user, includes pharmaceutical & biopharmaceutical industry, diagnostic laboratories, and research & academic institutes.
The research & academic institutes segment is expected to grow at the highest CAGR during the forecast period due to factors such as the increasing drug development studies and the rising demand for continuous innovation and enhancement of existing products.Key Market PlayersThe prominent players in the global solvent evaporation market include Yamato Scientific Co., Ltd. (Japan), BÜCHI Labortechnik AG (Switzerland), Biotage AB (Sweden), Heidolph Instruments GmbH & CO. KG (Germany), Labconco Corporation (US), Porvair plc (UK), IKA Works GmbH & Co. KG (Germany), Steroglass Srl (Italy), Organomation Associates, Inc. (US), KNF Neuberger, Inc. (US), BioChromato, Inc. (Japan), Radleys (UK), LabTech S.r.l.
(Italy), Abel Industries Canada Ltd. (Canada), DOÐA Limited (Turkey), ANPEL Laboratory Technologies Inc. (China), Asahi Glassplant Inc. (Japan), EYELA (Japan), Pope Scientific, Inc. (US), and SP Industries, Inc. (UK).
When it comes down to streamlining manufacturing and industrial operations, refrigeration evaporators come in handy.
Without them, the whole system would collapse.
Sep-Pro Systems is known to be one of the best refrigeration solutions in the United States.
So if you are planning to integrate one, you know where to look.
