By 2033, the industrial vacuum evaporation systems market is anticipated to have a US$4.76 billion market share. While its estimated value in 2023 will be US$2.58 billion
- The increasing manufacturing and production activities around the world post-pandemic are flourishing the demand for industrial vacuum evaporation systems. Furthermore, developing countries are building their infrastructure with expanding industrial spaces. Hence, a high growth rate is expected by the end of the forecast period.
- The integration of vacuum technology with smart technologies like artificial intelligence, the Internet of Things (IoT), and machine learning is transforming the market dynamics. Alongside this, solvent recycling and purification with wastewater treatment are also adding value to the market growth.
- The government projects along with the authorities to utilize the wastewater are flourishing the demand for industrial vacuum evaporation systems. The automated system with fast and safe dust removal is also thriving in the market growth.
- New highly efficient, centralized vacuum systems, and influencing vacuum evaporation systems are fueling the market growth. Furthermore, the rising construction activities and lowering soil quality are increasing the dust particles in the environment. This fuels the density of air pollution in developing regions. Hence, the sales of industrial vacuum evaporation systems are expected during the forecast period.
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Key Points:
- The United States market leads the market in terms of market share in North America. The United States region held a market share of 26.0% in 2022. The growth in this region is attributed to restored industrial space, manufacturing, and expanded production facilities.
- Germany’s industrial vacuum evaporation systems market is another significant market in the European region. The market held a market share of 5.9% in 2022. The growth is attributed to the higher government’s efforts and increased research and development.
- The India industrial vacuum evaporation systems market thrives at a CAGR of 7.5% during the forecast period. The market’s growth is attributed to the expanding industrial facilities and higher foreign investment.
- The rotary evaporator segment leads the system type of segment as it holds a leading market share of 31.8% in 2023. The growth is attributed to higher consumption.
- Based on application type, the wastewater treatment & recycling segment holds a market share of 34.0% in 2023 due to government efforts.
Competitive Landscape
The key vendors work on easy installation measures, efficient working, and affordable prices. Key competitors and also merge, acquire, and partner with other companies to increase their supply chain, and distribution channel.
Recent Market Developments
- EYELA introduced rotary evaporators and large amounts of rotary evaporators that include the N-130E S Series, N-1210BV Series, N-1210BS Series, and N-1210BT Series. Furthermore, the auto jack type with diagonal double helix type condenser.
GEMÜ Group has introduced a vacuum evaporator for wastewater and solvents. It is applied to the textile and graphic industries.
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Key Segments Covered:
By Application:
- Wastewater Treatment & Recycling
- Solvent Recycling & Purification
- Distillation
- Synthesis
- Concentration
- Drying
- Recrystallization
By System:
- Mechanical Vapour Recompression Evaporators
- Heat Pump Evaporators
- Co-Generation Hot & Cold Evaporators
- Rotary Evaporators
- Thermal Evaporators
- Multiple Effect
- Single Effect
By Capacity:
- Up to 100 Ltr/Day
- 150 to 500 Ltr/Day
- 500 to 1000 Ltr/Day
- 1000 to 2000 Ltr/Day
- 2000 to 4000 Ltr/Day
- 4000 to 8000 Ltr/Day
- 8000 to 20000 Ltr/Day
- 20000 to 50000 Ltr/Day
By End-use Industry:
- Pharmaceuticals
- Chemicals
- Metallurgy
- Printing & Textiles
- Oil & Petrochemicals
- Food & Beverages
- Semiconductors
- Power Generation
- Medical & Research Laboratories
Key Regions Covered:
- North America
- United States
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- United Kingdom
- France
- Spain
- Russia
- Rest of Europe
- Japan
- Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
- The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- The Middle East and Africa (MEA)
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