PUBLISHER: IMARC | PRODUCT CODE: 1635938
PUBLISHER: IMARC | PRODUCT CODE: 1635938
The global industrial evaporators market size reached USD 21.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 33.5 Billion by 2033, exhibiting a growth rate (CAGR) of 4.92% during 2025-2033. 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.
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.
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