Selbyville, Delaware , Feb. 17, 2021 (GLOBE NEWSWIRE) -- According to credible estimates, global industrial vacuum evaporation systems market was worth USD 2.2 billion in 2019 and is projected to record a y-o-y growth rate of 6.9% during 2020-2027. The growth can be credited to soaring demand for water desalination plant in several regions, and over usage of water in pharmaceutical industry leading to surge in effluent.
As per the report, global industrial vacuum evaporation systems market is assessed based on application spectrum, system type, capacity, end use scope, and geographical terrain. Moreover, it entails the competitive landscape with business profile and product portfolio of the mentioned firms, alongside tactics adopted by them to uphold their profit trajectories in the industry.
Notably, industrial vacuum evaporation systems are effective in reducing industrial wastewater and help create superior reusable distillate (ZLD) water. These systems have low management cost and play an important role in industrial wastewater management.
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Waste management has become an area of focus for the government, on account of rising instances of untreated effluent discharge in freshwater bodies, hence are encouraging adoption of vacuum evaporators. High level of efficiency provided at reasonably low cost by these systems will further augment worldwide industrial vacuum evaporation systems industry share over the coming years.
On the downside, the outbreak of COVID-19 pandemic has adversely impacted the demand for industrial vacuum evaporation systems, as numerous manufacturing facilities and industrial units were temporarily shut down due to lockdown measures, thereby hampering the business expansion.
Analyzing the market segmentations
Based on application spectrum, the market is divided into synthesis, distillation, solvent recycling & purification, wastewater treatment & recycling, and others. With respect to system type, global industrial vacuum evaporation systems industry is segmented into thermal evaporator, rotary evaporator, co-generation hot & cold evaporator, heat pump evaporator, mechanical vapour recompression evaporator, and others.
As per capacity, the market is classified into 20000-50000 liters/day, 8000-20000 liters/day, 2000-8000 liters/day, 500-2000 liters/day, and up to 100-500 liters/day. Moving on to end use scope, the industry is categorized into medical & research laboratories, power generation, semiconductors, food & beverages, oil & petrochemicals, metallurgy, printing & textiles, chemicals, and pharmaceutical.
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Expounding the regional landscape
As per seasoned analysts, North America presently holds for considerable portion of worldwide industrial vacuum evaporation systems market share, owing to strict government norms and rising environmental concerns among the population.
Meanwhile, Europe industrial vacuum evaporation systems industry is expected to gain traction through 2027, attributable to presence of manufacturing units in the region, and strict effluent discharge regulations.
Global Industrial Vacuum Evaporation Systems Market by Application Reach (Revenue, USD Billion, 2017-2027)
- Synthesis
- Distillation
- Solvent Recycling & Purification
- Wastewater Treatment & Recycling
- Others
Global Industrial Vacuum Evaporation Systems Market by System Type (Revenue, USD Billion, 2017-2027)
- Thermal Evaporator
- Rotary Evaporator
- Co-Generation Hot & Cold Evaporator
- Heat Pump Evaporator
- Mechanical Vapour Recompression Evaporator
- Others
Global Industrial Vacuum Evaporation Systems Market by Capacity (Revenue, USD Billion, 2017-2027)
- 20000-50000 Liters/Day
- 8000-20000 Liters/Day
- 200-8000 Liters/Day
- 500-2000 Liters/Day
- Up to 100-500 Liters/Day
Global Industrial Vacuum Evaporation Systems Market End Use Scope (Revenue, USD Billion, 2017-2027)
- Medical & Research Laboratories
- Power Generation
- Semiconductors
- Food & Beverages
- Oil & Petrochemicals
- Metallurgy
- Printing & Textiles
- Chemicals
- Pharmaceutical
Global Industrial Vacuum Evaporation Systems Market by Geographical Reach (Revenue, USD Billion, 2017-2027)
North America
- Canada
- U.S.
Asia Pacific
- South Korea
- Australia
- Japan
- India
- China
- Rest of Asia Pacific
Europe
- Italy
- Spain
- France
- Germany
- U.K.
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of the World
Global Industrial Vacuum Evaporation Systems Market Top Players (Revenue, USD Billion, 2017-2027)
- Condorchem Envitech
- S.A.I.T.A SRL
- WIGGENS GmbH
- Gema Group
- Heidolph Instruments GmbH & Co. KG
- PRAB Inc. (Physical Review Accelerators and Beams)
- BUCHI Labortechnik AG
- SUEZ
- Veolia Environnement S.A.
- GEA Group AG
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Industrial Vacuum Evaporation Systems Market, by Region, 2018-2027 (USD Billion)
1.2.2. Industrial Vacuum Evaporation Systems Market, by Application, 2018-2027 (USD Billion)
1.2.3. Industrial Vacuum Evaporation Systems Market, by System Type, 2018-2027 (USD Billion)
1.2.4. Industrial Vacuum Evaporation Systems Market, by Capacity, 2018-2027 (USD Billion)
1.2.5. Industrial Vacuum Evaporation Systems Market, by End-Use Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Vacuum Evaporation Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Vacuum Evaporation Systems Market Dynamics
3.1. Industrial Vacuum Evaporation Systems Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Industrial Vacuum Evaporation Systems Market Industry Analysis
4.1. Porter's 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial Vacuum Evaporation Systems Market, by Application
5.1. Market Snapshot
5.2. Global Industrial Vacuum Evaporation Systems Market by Application, Performance - Potential Analysis
5.3. Global Industrial Vacuum Evaporation Systems Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
5.4. Industrial Vacuum Evaporation Systems Market, Sub Segment Analysis
5.4.1. Wastewater Treatment & Recycling
5.4.2. Solvent Recycling & Purification
5.4.3. Distillation
5.4.4. Synthesis
5.4.5. Others
Chapter 6. Global Industrial Vacuum Evaporation Systems Market, by System Type
6.1. Market Snapshot
6.2. Global Industrial Vacuum Evaporation Systems Market by System Type, Performance - Potential Analysis
6.3. Global Industrial Vacuum Evaporation Systems Market Estimates & Forecasts by System Type 2017-2027 (USD Billion)
6.4. Industrial Vacuum Evaporation Systems Market, Sub Segment Analysis
6.4.1. Mechanical Vapour Recompression Evaporator
6.4.2. Heat Pump Evaporator
6.4.3. Co-Generation Hot & Cold Evaporator
6.4.4. Rotary Evaporator
6.4.5. Thermal Evaporator
Chapter 7. Global Industrial Vacuum Evaporation Systems Market, by Capacity
7.1. Market Snapshot
7.2. Global Industrial Vacuum Evaporation Systems Market by Capacity, Performance - Potential Analysis
7.3. Global Industrial Vacuum Evaporation Systems Market Estimates & Forecasts by Capacity 2017-2027 (USD Billion)
7.4. Industrial Vacuum Evaporation Systems Market, Sub Segment Analysis
Chapter 8. Global Industrial Vacuum Evaporation Systems Market, by End-Use Industry
8.1. Market Snapshot
8.2. Global Industrial Vacuum Evaporation Systems Market by End-Use Industry, Performance - Potential Analysis
8.3. Global Industrial Vacuum Evaporation Systems Market Estimates & Forecasts by End-Use Industry 2017-2027 (USD Billion)
8.4. Industrial Vacuum Evaporation Systems Market, Sub Segment Analysis
8.4.1. Pharmaceutical
8.4.2. Chemicals
8.4.3. Metallurgy, Printing & Textiles
8.4.4. Oil & Petrochemicals
8.4.5. Food & Beverages
8.4.6. Semiconductors
8.4.7. Power Generation
8.4.8. Medical & Research Laboratories
Chapter 9.Global Industrial Vacuum Evaporation Systems Market, Regional Analysis
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Vacuum Pumps Market Size, Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026
Vacuum Pumps Market is expected to exceed USD 7 billion by 2026, as per new research Report. Continuous upsurge in growth of semiconductor and electronics industry will induce vacuum pumps demand in the projected time period. Rising oil and gas exploration and production activities across the globe is the key driver influencing vacuum pumps market growth. Rising demand for crude oil from the transportation and industrial sector is escalating the exploration activities. Increasing utilization of vacuum pumps for extracting and processing the crude oil will escalate the industry. Latin America is at a nascent stage and will witness steady growth with presence of semiconductor & electronics industry is led by medium scale manufacturing plants in Mexico and Brazil. Shifting focus of the U.S. based vacuum pump end-user companies towards Latin America owing to lenient government policies and low-cost labor force will be a key driving factor for the regional growth over the forecast period.
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