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Industrial Evaporator Market Growth, Size, Trends, Demand, Revenue, Share and Future Outlook

Industrial Evaporator Market Size- By Construction Type, By Functionality, By End User Industry, By Product Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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Industrial Evaporator Market Size- By Construction Type, By Functionality, By End User Industry, By Product Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Published: Sep 2023 Report ID: MACH2351 Pages: 1 - 224 Formats*:     
Category : Equipment and Machinery
Industrial Evaporator Market Introduction and Overview 

According to SPER Market Research, the Global Industrial Evaporator Market is estimated to reach USD 28.27 billion by 2033 with a CAGR of 5.3%.

The report includes an in-depth analysis of the Global Industrial Evaporator Market, including market size and trends, Machine Type mix, distribution channels, and supplier analysis. Equipment used to separate mixtures from their solvent components is called an industrial evaporator. They are mostly employed to remove solvents from wettable substances. The vacuum pan and distillation unit are other names for the industrial evaporator. Vaporisation and condensation are processes that result in the production of high purity compounds. The system can be used to separate solvents from liquids and solids as well as cleanse water for drinking or wastewater treatment, among other things.

  • April 2022: A Lone Star Funds subsidiary purchased SPX Flow, Inc. 
  • May 2019: Smurfit Kappa won a contract to Veolia Water Technologies for the provision of cutting-edge HPD systems at the Sangüesa mill in Northern Spain.
  • February 2019: The VACUDEST XS Clearcat wastewater treatment system was introduced by H2O GmbH. Through its significant COD reduction, it enables almost oil-free distillate that exceeds stringent criteria.
Industrial Evaporator Market
Market Opportunities and Challenges
  • Opportunities: Industrial evaporator producers have potential thanks to the industrialization of developing nations: In the developing world, industrialization is happening quickly, which might be good for the demand for industrial evaporators. Asian nations like China, India, and Japan are seeing an increase in foreign industrial investment as a result of technical development and other favourable conditions. Industrialization in the Asia-Pacific region has advanced significantly faster than on any other continent.
  • Challenges: Lack of skilled workforce: Industrial evaporators must be manufactured and operated by skilled workers. There are a number of factors contributing to the absence of a qualified workforce, including students' negative attitudes towards manufacturing occupations and their lack of technological skills. The issue of labour shortages still exists even if the manufacturing sector has essentially resumed operations since Covid.
Industrial Evaporator Market


Market Competitive Landscape
The market is quite competitive because of the presence of significant firms including API heat transfer, Alfa Laval, Belmar Technologies Ltd., Beverage Air, Buchi, Coilmaster Corporation, Colmac Coil Manufacturing, Inc., De Dietrich Process Systems, Daikin industries, EVAPCO, GEA Group AG, Hebei Leheng Energy Saving Equipment Co, Ingersoll Rand, Johnson controls, JEOL Ltd., Praj Industries Ltd., SPX Flow Inc., SUEZ Water Technologies & Solutions, Saltworks Technologies Inc., SMI Evaporative Solutions, Veolia Water Technologies. 

Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2033
 Base year considered 2022
 Forecast period 2023-2033
 Segments coveredBy Construction Type, By Functionality, By End User Industry, By Product Type
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East, Africa
 Companies Covered
API heat transfer, Alfa Laval, Belmar Technologies Ltd., Beverage Air, Buchi, Coilmaster Corporation, Colmac Coil Manufacturing, Inc., De Dietrich Process Systems, Daikin industries, EVAPCO, GEA Group AG, Hebei Leheng Energy Saving Equipment Co, Ingersoll Rand, Johnson controls, JEOL Ltd., Praj Industries Ltd., SPX Flow Inc., SUEZ Water Technologies & Solutions, Saltworks Technologies Inc., SMI Evaporative Solutions, Veolia Water Technologies, Others
COVID-19 Impact on Global Industrial Evaporator Market
The global Industrial Evaporator Market has been significantly impacted by the COVID-19 pandemic. Three scenarios can be used to illustrate the impact; Low growth: in this scenario, the economy will slowly recover, the supply chain will be disrupted, and consumer demand will be subpar; Medium growth: although consumer demand will increase modestly and the economy will expand quickly, there will still be supply chain disruptions; and High growth signifies quick economic expansion, the absence of supply chain disruptions, and robust consumer demand.

Key Target Audience:
  • Chemical Manufacturers
  • Chemical Process Engineers
  • Energy Sector
  • Environmental Engineering Firms
  • Food and Beverage Producers
  • Manufacturing Companies
  • Mining and Minerals Industry
  • Petrochemical Industry
  • Pharmaceutical Manufacturers
  • Plant Managers and Operations Teams
  • Water Treatment Plants
  • Others
Our in-depth analysis of the Industrial Evaporator Market includes the following segments:
By Construction Type:
  • Shell & tube evaporators
  • Plate evaporators
    		•
    By Functionality:
  • Falling film evaporators
  • Rising film evaporators
  • Forced circulation evaporators
  • Agitated thin film evaporator
  • Mechanical vapor recompression
    		•
    By End User Industry:
  • Pharmaceutical
  • Chemical and petrochemical
  • Electronics and semiconductors
  • Pulp & paper
  • Food & beverage
  • Automotive
    		•
    By Product Type:
  • Portable industrial evaporator
  • Stationary industrial evaporator
    		•
    Key Topics Covered in the Report:
    • Size of Global Industrial Evaporator Market (FY’2023-FY’2033)
    • Overview of Global Industrial Evaporator Market 
    • Segmentation of India Dental Clinic Market By Construction Type (Shell & tube evaporators, Plate evaporators)
    • Segmentation of India Dental Clinic Service Market By Functionality (Falling film evaporators, Rising film evaporators, Forced circulation evaporators, Agitated thin film evaporator, Mechanical vapor recompression, Others)
    • Segmentation of India Dental Care Service Market By End User Industry (Pharmaceutical, Chemical and petrochemical, Electronics and semiconductors, Pulp & paper, Food & beverage, Automotive, Others) 
    • Segmentation of India Dental Care Service Market By Product Type (Portable industrial evaporator, Stationary industrial evaporator) 
    • Statistical Snap of Global Industrial Evaporator Market 
    • Global Industrial Evaporator Market Growth Analysis
    • Problems and Challenges in Global Industrial Evaporator Market 
    • Global Industrial Evaporator Market Competitive Landscape
    • Impact of COVID-19 and Demonetization on Global Industrial Evaporator Market 
    • Details on Recent Investment in Global Industrial Evaporator Market 
    • Competitive Analysis of Global Industrial Evaporator Market 
    • Major Players in the Global Industrial Evaporator Market 
    • SWOT Analysis of Global Industrial Evaporator Market 
    • Global Industrial Evaporator Market Future Outlook and Projections (FY’2023-FY’2033)
    • Recommendations from Analyst 
    1. Introduction
    1.1. Scope of the report
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Global Industrial Evaporator Market

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Global Industrial Evaporator Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Industrial Evaporator Market

    7. Global Industrial Evaporator Market, By Construction Type (USD Million)
    7.1. Global Industrial Evaporator Market Value Share and Forecast, By Construction Type, 2023-2033
    7.2. Shell & tube evaporators
    7.3. Plate evaporators

    8. Global Industrial Evaporator Market, By Functionality (USD Million)
    8.1. Global Industrial Evaporator Market Value Share and Forecast, By Functionality, 2023-2033
    8.2. Falling film evaporators
    8.3. Rising film evaporators
    8.4. Forced circulation evaporators
    8.5. Agitated thin film evaporator
    8.6. Mechanical vapor recompression 
    8.7. Others

    9. Global Industrial Evaporator Market, By End User Industry (USD Million)
    9.1. Global Industrial Evaporator Market Value Share and Forecast, By End User Industry, 2023-2033
    9.2. Pharmaceutical
    9.3. Chemical and petrochemical
    9.4. Electronics and semiconductors
    9.5. Pulp & paper
    9.6. Food & beverage
    9.7. Automotive
    9.8. Others

    10. Global Industrial Evaporator Market, By Product Type (USD Million)
    10.1. Global Industrial Evaporator Market Value Share and Forecast, By Product Type, 2023-2033
    10.2. Portable industrial evaporator
    10.3. Stationary industrial evaporator

    11. Global Industrial Evaporator Market Forecast, 2019-2033 (USD Million)
    11.1. Global Industrial Evaporator Market Size and Market Share

    12. Global Industrial Evaporator Market, By Construction Type, 2019-2033 (USD Million)
    12.1. Global Industrial Evaporator Market Size and Market Share By Construction Type (2019-2026)
    12.2. Global Industrial Evaporator Market Size and Market Share By Construction Type (2027-2033)

    13. Global Industrial Evaporator Market, By Functionality, 2019-2033 (USD Million)
    13.1. Global Industrial Evaporator Market Size and Market Share By Functionality (2019-2026)
    13.2. Global Industrial Evaporator Market Size and Market Share By Functionality (2027-2033)

    14. Global Industrial Evaporator Market, By End User Industry, 2019-2033 (USD Million)
    14.1. Global Industrial Evaporator Market Size and Market Share By End User Industry (2019-2026)
    14.2. Global Industrial Evaporator Market Size and Market Share By End User Industry (2027-2033)

    15. Global Industrial Evaporator Market, By Product Type, 2019-2033 (USD Million)
    15.1. Global Industrial Evaporator Market Size and Market Share By Product Type (2019-2026)
    15.2. Global Industrial Evaporator Market Size and Market Share By Product Type (2027-2033)

    16. Global Industrial Evaporator Market, By Region, 2019-2033 (USD Million)
    16.1. Global Industrial Evaporator Market Size and Market Share By Region (2019-2026)
    16.2. Global Industrial Evaporator Market Size and Market Share By Region (2027-2033)
    16.3. Asia-Pacific
    16.3.1. Australia
    16.3.2. China
    16.3.3. India
    16.3.4. Japan
    16.3.5. South Korea
    16.3.6. Rest of Asia-Pacific
    16.4. Europe
    16.4.1. France
    16.4.2. Germany
    16.4.3. Italy
    16.4.4. Spain
    16.4.5. United Kingdom
    16.4.6. Rest of Europe
    16.5. Middle East and Africa
    16.5.1. Kingdom of Saudi Arabia 
    16.5.2. United Arab Emirates
    16.5.3. Rest of Middle East & Africa
    16.6. North America
    16.6.1. Canada
    16.6.2. Mexico
    16.6.3. United States
    16.7. Latin America
    16.7.1. Argentina
    16.7.2. Brazil
    16.7.3. Rest of Latin America

    17. Company Profile
    17.1. API heat transfer
    17.1.1. Company details
    17.1.2. Financial outlook
    17.1.3. Product summary 
    17.1.4. Recent developments
    17.2. Alfa Laval
    17.2.1. Company details
    17.2.2. Financial outlook
    17.2.3. Product summary 
    17.2.4. Recent developments
    17.3. Belmar Technologies Ltd.
    17.3.1. Company details
    17.3.2. Financial outlook
    17.3.3. Product summary 
    17.3.4. Recent developments
    17.4. Beverage Air
    17.4.1. Company details
    17.4.2. Financial outlook
    17.4.3. Product summary 
    17.4.4. Recent developments
    17.5. Buchi
    17.5.1. Company details
    17.5.2. Financial outlook
    17.5.3. Product summary 
    17.5.4. Recent developments
    17.6. Coilmaster Corporation
    17.6.1. Company details
    17.6.2. Financial outlook
    17.6.3. Product summary 
    17.6.4. Recent developments
    17.7. Colmac Coil Manufacturing, Inc.
    17.7.1. Company details
    17.7.2. Financial outlook
    17.7.3. Product summary 
    17.7.4. Recent developments
    17.8. De Dietrich Process Systems
    17.8.1. Company details
    17.8.2. Financial outlook
    17.8.3. Product summary 
    17.8.4. Recent developments
    17.9. Daikin industries
    17.9.1. Company details
    17.9.2. Financial outlook
    17.9.3. Product summary 
    17.9.4. Recent developments
    17.10. EVAPCO
    17.10.1. Company details
    17.10.2. Financial outlook
    17.10.3. Product summary 
    17.10.4. Recent developments
    17.11. GEA Group AG
    17.11.1. Company details
    17.11.2. Financial outlook
    17.11.3. Product summary 
    17.11.4. Recent developments
    17.12. Hebei Leheng Energy Saving Equipment Co
    17.12.1. Company details
    17.12.2. Financial outlook
    17.12.3. Product summary 
    17.12.4. Recent developments
    17.13. Ingersoll Rand
    17.13.1. Company details
    17.13.2. Financial outlook
    17.13.3. Product summary 
    17.13.4. Recent developments
    17.14. Johnson controls
    17.14.1. Company details
    17.14.2. Financial outlook
    17.14.3. Product summary 
    17.14.4. Recent developments
    17.15. JEOL Ltd.
    17.15.1. Company details
    17.15.2. Financial outlook
    17.15.3. Product summary 
    17.15.4. Recent developments
    17.16. Praj Industries Ltd.
    17.16.1. Company details
    17.16.2. Financial outlook
    17.16.3. Product summary 
    17.16.4. Recent developments
    17.17. SPX Flow Inc.
    17.17.1. Company details
    17.17.2. Financial outlook
    17.17.3. Product summary 
    17.17.4. Recent developments
    17.18. SUEZ Water Technologies & Solutions
    17.18.1. Company details
    17.18.2. Financial outlook
    17.18.3. Product summary 
    17.18.4. Recent developments
    17.19. Saltworks Technologies Inc.
    17.19.1. Company details
    17.19.2. Financial outlook
    17.19.3. Product summary 
    17.19.4. Recent developments
    17.20. SMI Evaporative Solutions
    17.20.1. Company details
    17.20.2. Financial outlook
    17.20.3. Product summary 
    17.20.4. Recent developments
    17.21. Veolia Water Technologies
    17.21.1. Company details
    17.21.2. Financial outlook
    17.21.3. Product summary 
    17.21.4. Recent developments
    17.22. Others
     
    18. List of Abbreviations

    19. Reference Links

    20. Conclusion

    21. Research Scope

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3

    Frequently Asked Questions About This Report
    Industrial Evaporator Market is projected to reach USD 28.27 billion by 2033, growing at a CAGR of 5.3% during the forecast period.
    Industrial Evaporator Market grew in market size from 2023. The Market is expected to reach USD 28.27 billion by 2033, at a CAGR of 5.3% during the forecast period.
    Industrial Evaporator Market CAGR of 5.3% during the forecast period.
    You can get the sample pages by clicking the link -Click Here
    Industrial Evaporator Market size is USD 28.27 billion from 2023 to 2033.
    Industrial Evaporator Market Segment is Covered By Construction Type, By Functionality, By End User Industry, By Product Type
    The North America region is anticipated to have the highest market share in Industrial Evaporator Market.
    The key players in the market include Companies Covered API heat transfer, Alfa Laval, Belmar Technologies Ltd., Beverage Air, Buchi, Coilmaster Corporation, Colmac Coil Manufacturing, Inc., De Dietrich Process Systems, Daikin industries, EVAPCO, GEA Group AG, Hebei Leheng Energy Saving Equipment Co, Ingersoll Rand, Johnson controls, JEOL Ltd., Praj Industries Ltd., SPX Flow Inc., SUEZ Water Technologies & Solutions, Saltworks Technologies Inc., SMI Evaporative Solutions, Veolia Water Technologies, Others
    They are mostly employed to remove solvents from wettable substances. The vacuum pan and distillation unit are other names for the industrial evaporator.
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