PUBLISHER: IMARC | PRODUCT CODE: 1467885
PUBLISHER: IMARC | PRODUCT CODE: 1467885
Industrial Evaporators Market by Type, Functionality, End User, and Region 2024-2032
The global industrial evaporators market size reached US$ 20.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.3 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. The rising product utilization in the food and beverage (F&B) industry, widespread product adoption in water treatment applications and the increasing product demand in the pharmaceutical industry represent some of the key factors driving the market.
Industrial evaporators are devices that convert liquid into a gaseous state through the heat transfer process. They are manufactured using various components, such as heat exchangers, condensers, manifolds, controls, and pumps. Industrial evaporators are widely used in food processing, drug manufacturing, purification of chemicals, wastewater treatment, heating, ventilation, and air conditioning (HVAC) systems. They are simple and easy-to-use devices that require minimal energy, reduce operating costs, meet regulatory standards, and improve product stability. Industrial evaporators are also easy to clean and meet high hygiene requirements making them ideal for handling edible products. As a result, they find extensive applications across the food and beverage (F&B), pharmaceutical, chemical, oil and gas, automotive, and semiconductor industries.
Industrial Evaporators Market Trends:
The rising product utilization in the food and beverage (F&B) industry is one of the primary factors driving the market growth. Industrial evaporators are widely used to remove moisture, increase the total solid content, and reduce the bulk density of various edible products, such as juices, jams, sauces, noodles, dairy products, tomato purees, and coffee extract. In addition to this, the escalating application of industrial evaporators for herbal extracts, whey, and milk proteins due to the increasing health consciousness and rising preference for nutritious food is facilitating the market growth. Furthermore, the widespread product utilization in water treatment applications as a cost-effective method to desalinate seawater and remove dissolved minerals and other substances is providing an impetus to the market growth. Along with this, rising product demand due to the widespread adoption of zero liquid discharge (ZLD) and minimal liquid discharge (MLD) technologies in industrial manufacturing is acting as another growth-inducing factor. Additionally, the recent development of double jacket thin film evaporators, which incorporate pre-heater, flash tank, and thin-film evaporator in a single device that reduces cost, saves space, simplifies operations, and minimizes energy loss, is positively influencing the market growth. Moreover, increasing product utilization in the chemical industry to produce dyes, paints, pigments, aluminum nitrate, glycerine, and purify various organic compounds, such as fatty acids and natural oils, is favoring the market growth. Other factors, including rising product utilization in the pharmaceutical industry to remove excess moisture from drugs and improve product stability, the increasing product demand in the marine industry to produce fresh water, and widespread product adoption in semiconductor manufacturing for the deposition process, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global industrial evaporators market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on type, functionality, and end user.
Type Insights:
Shell and Tube
Plate
The report has also provided a detailed breakup and analysis of the industrial evaporators market based on the type. This includes shell and tube and plate. According to the report, shell and tube represented the largest segment.
Functionality Insights:
Falling Film
Rising Film
Forced Circulation
Agitated Film
Mechanical Vapor
Recompression
A detailed breakup and analysis of the industrial evaporators market based on the functionality has been provided in the report. This includes falling film, rising film, forced circulation, agitated film, mechanical vapor, and recompression. According to the report, mechanical vapor accounted for the largest market share.
End User Insights:
Pharmaceutical
Pulp and Paper
Chemical and Petrochemical
Electronics and Semiconductor
Automotive
Food and Beverages
A detailed breakup and analysis of the industrial evaporators market based on the end user has been provided in the report. This includes pharmaceutical, pulp and paper, chemical and petrochemical, electronics and semiconductor, automotive, and food and beverages. According to the report, food and beverages accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for industrial evaporators. Some of the factors driving the Asia Pacific industrial evaporators market include rapid industrialization, increasing investment by end users, growing awareness regarding wastewater treatment.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global industrial evaporators market. Detailed profiles of all major companies have also been provided. Some of the companies covered include 3V Tech S.p.A., Alaqua Inc, Alfa Laval AB, Belmar Technologies Ltd., Condorchem Envitech, De Dietrich Process Systems, ENCON Evaporators, Equipment Manufacturing Corporation, GEA Group AG, Kmu Loft Cleanwater Gmbh, SPX Flow Inc., Suez Waters USA Incorporated (Suez SA), Technoforce Solutions India Pvt Ltd., Thermal Kinetics Engineering (RCM Technologies Inc.), etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. What was the size of the global industrial evaporators market in 2023?
- 2. What is the expected growth rate of the global industrial evaporators market during 2024-2032?
- 3. What are the key factors driving the global industrial evaporators market?
- 4. What has been the impact of COVID-19 on the global industrial evaporators market?
- 5. What is the breakup of the global industrial evaporators market based on the type?
- 6. What is the breakup of the global industrial evaporators market based on the functionality?
- 7. What is the breakup of the global industrial evaporators market based on the end user?
- 8. What are the key regions in the global industrial evaporators market?
- 9. Who are the key players/companies in the global industrial evaporators market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Industrial Evaporators Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Shell and Tube
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Plate
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Functionality
- 7.1 Falling Film
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Rising Film
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Forced Circulation
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Agitated Film
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Mechanical Vapor
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Recompression
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
8 Market Breakup by End User
- 8.1 Pharmaceutical
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Pulp and Paper
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Chemical and Petrochemical
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Electronics and Semiconductor
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Automotive
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Food and Beverages
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 3V Tech S.p.A.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Alaqua Inc
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Alfa Laval AB
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Belmar Technologies Ltd.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Condorchem Envitech
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 De Dietrich Process Systems
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 ENCON Evaporators
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Equipment Manufacturing Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 GEA Group AG
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Kmu Loft Cleanwater Gmbh
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 SPX Flow Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 SWOT Analysis
- 14.3.12 Suez Waters USA Incorporated (Suez SA)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Technoforce Solutions India Pvt Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14 Thermal Kinetics Engineering (RCM Technologies Inc.)
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.1 3V Tech S.p.A.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Industrial Evaporators Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Evaporators Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Industrial Evaporators Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Industrial Evaporators Market: Breakup by Type (in %), 2023
- Figure 5: Global: Industrial Evaporators Market: Breakup by Functionality (in %), 2023
- Figure 6: Global: Industrial Evaporators Market: Breakup by End User (in %), 2023
- Figure 7: Global: Industrial Evaporators Market: Breakup by Region (in %), 2023
- Figure 8: Global: Industrial Evaporators (Shell and Tube) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Industrial Evaporators (Shell and Tube) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Industrial Evaporators (Plate) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Industrial Evaporators (Plate) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Industrial Evaporators (Falling Film) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Industrial Evaporators (Falling Film) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Industrial Evaporators (Rising Film) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Industrial Evaporators (Rising Film) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Industrial Evaporators (Forced Circulation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Industrial Evaporators (Forced Circulation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Industrial Evaporators (Agitated Film) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Industrial Evaporators (Agitated Film) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Industrial Evaporators (Mechanical Vapor) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Industrial Evaporators (Mechanical Vapor) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Industrial Evaporators (Recompression) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Industrial Evaporators (Recompression) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Industrial Evaporators (Pharmaceutical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Industrial Evaporators (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Industrial Evaporators (Pulp and Paper) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Industrial Evaporators (Pulp and Paper) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Industrial Evaporators (Chemical and Petrochemical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Industrial Evaporators (Chemical and Petrochemical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Industrial Evaporators (Electronics and Semiconductor) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Industrial Evaporators (Electronics and Semiconductor) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Industrial Evaporators (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Industrial Evaporators (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Industrial Evaporators (Food and Beverages) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Industrial Evaporators (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: North America: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: North America: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: United States: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: United States: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Canada: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Canada: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Asia-Pacific: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Asia-Pacific: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: China: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: China: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Japan: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Japan: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: India: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: India: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: South Korea: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: South Korea: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Australia: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Australia: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Indonesia: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Indonesia: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Others: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Others: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Europe: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Europe: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Germany: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Germany: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: France: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: France: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: United Kingdom: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: United Kingdom: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Italy: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Italy: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Spain: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Spain: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Russia: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Russia: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Others: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Others: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Latin America: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Latin America: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Brazil: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Brazil: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Mexico: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Mexico: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Others: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Others: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Middle East and Africa: Industrial Evaporators Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Middle East and Africa: Industrial Evaporators Market: Breakup by Country (in %), 2023
- Figure 84: Middle East and Africa: Industrial Evaporators Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 85: Global: Industrial Evaporators Industry: SWOT Analysis
- Figure 86: Global: Industrial Evaporators Industry: Value Chain Analysis
- Figure 87: Global: Industrial Evaporators Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Industrial Evaporators Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Industrial Evaporators Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Industrial Evaporators Market Forecast: Breakup by Functionality (in Million US$), 2024-2032
- Table 4: Global: Industrial Evaporators Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Industrial Evaporators Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Industrial Evaporators Market: Competitive Structure
- Table 7: Global: Industrial Evaporators Market: Key Players
