The report "Industrial Evaporators Market by Construction Type (Shell & Tube, Plate), End-use Industry (Food & Beverage, Pharmaceutical, Chemical & Petrochemical, Automotive), Functionality (Falling Film, Rising Film) & Region - Global Forecast to 2027", is projected to grow from USD 18.7 billion in 2022 to USD 23.7 billion by 2027, at a CAGR of 4.8% from 2022 to 2027. Major factors driving the growth of the industrial evaporators include increasing adoption of ZLD, demand from various growing end-use industries such as pharmaceutical, food and beverage, chemical & petrochemical, pulp & paper, and others.
Browse 142 market data Tables and 47 Figures spread through 208 Pages and in-depth TOC on "Industrial Evaporators Market by Construction Type (Shell & Tube, Plate), End-use Industry (Food & Beverage, Pharmaceutical, Chemical & Petrochemical, Automotive), Functionality (Falling Film, Rising Film) & Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/industrial-evaporators-market-76797891.html
By Construction type, the shell & tube evaporators segment accounted for the highest share of industrial evaporators market during 2022 to 2027.
The shell & tube evaporators segment, by construction type, market accounted highest share. Shell & tube evaporators are widely used in various end-use industries such as food & beverage, pharmaceutical, and chemical & petrochemical. This type of evaporators are easy to use and can process various types of material.
By functionality, the falling film evaporators segment accounted for the highest share of industrial evaporators market during 2022 to 2027.
The falling film evaporators segment, by functionality, market accounted highest share. A falling film evaporator has excellent thermal performance and many industries have been steadily updating their equipment from older rising film and forced circulation style evaporators to falling film evaporators.
By end-use industry, the food & beverage segment accounted for the highest share of industrial evaporators market during 2022 to 2027.
The food & beverage segment, by end-use industry, accounted for the highest share. These industries are one of the fastest growing industries and required various types of industrial evaporators. The particular application in food industry where industrial evaporators are widely used are protein manufacturing and dairy industries.
Asia Pacific is the largest and fastest-growing region in the industrial evaporators market.
Asia Pacific accounted as the largest market for industrial evaporators and is projected to show fastest growth during the forecast period. The market of industrial evaporators are driven by the growing manufacturing industries in the region. Many developing countries in Asia are becoming hub of manufacturing of various global industries.
Veolia Water Technologies (France), Sumitomo Heavy Industries, Ltd. (Japan), SPX Flow Inc. (US), JEOL Ltd. (Japan), SUEZ Water Technologies & Solutions (France), GEA Group AG (Germany), De Dietrich Process Systems (France), Coilmaster Corporation (US), Colmac Coil Manufacturing, Inc. (US), Saltworks Technologies Inc. (Canada), Belmar Technologies Ltd. (England), Sasakura Engineering Co., Ltd. (Japan), Praj Industries Ltd. (India), SMI Evaporative Solutions (US), Alfa Laval (Sweden), RELCO LLC (US), and Hebei Leheng Energy Saving Equipment Co., Ltd. (China) are the key players in industrial evaporators market.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441