Industrial Vacuum Evaporation Systems Market by Application (Wastewater Treatment & Recycling, Solvent Recycling & Purification, Distillation), System Type (Mechanical Vapor Recompression Evaporator, Heat Pump Evaporator), Capacity, End-Use Industry & Region - Forecast to 2020-2030
Industrial Vacuum Evaporation Systems Market - Analysis, Outlook, Growth, Trends, Forecasts
- December 2020
- 250 pages
- Industrial Automation
About the Report
Vacuum evaporators continue to be one of the most efficient equipment for industrial wastewater management. The high level of efficiency is achieved at a substantially reasonable cost, which has continued to fuel their demand. As waste management continues to be a key focus area for governments around the world, the commercial prospects of industrial vacuum evaporation systems have continued to witness an increase. In this new study, Future Market Insights (FMI), an ESOMAR-certified market research and consulting firm, offers lucid analysis, including global sales, key influencing factors, strategies of competitors, and the impact of COVID-19.
The global industrial vacuum evaporation systems market was valued at US$ 2.3 Bn in 2019. Growth is underpinned by increasing industrialization which has led to the emergence of major chemical manufacturing units.
A massive blip was experienced due to the onset of COVID-19, with projections estimating the downturn at -5.4% until 2020-end. As countries imposed stringent lockdowns in the past few months, industrial activity has nosedived, leading to major troughs.
However, as inoculation procedures accelerate, manufacturers are optimistic of a revival as on-site business operations would resume, restoring the demand-supply equilibrium in forthcoming years. Going by this trend, growth forecast has been revised to be valued at US$ 4.1 Bn by 2030.
Stringent Environmental Regulations
As urbanization accelerates, industrial development is also flourishing. Burgeoning international trade has facilitated cross-border industrial progress, leading to the establishment of numerous manufacturing units across various verticals. Unfortunately, this has also compounded environmental degradation, with debilitating impacts on the nature.
A key challenge arising out of industrial development is contamination of freshwater bodies and ecosystems. According to UN Water, availability of safe and consistent water supply is inextricably linked to wastewater management. High quantities of sewage and chemicals have severely degraded water quality across the world.
Governments are imposing strict emission regulation standards. The US Environmental Protection Agency’s Effluent Guidelines, Europe’s Best Available Techniques and the Ministry of Environment and Forests’ Effluent Standards in India are landmark achievements in controlling effluent discharge. Such developments are bound to enhance vacuum evaporators adoption throughout the forecast period.
Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.
Growing Water Scarcity
According to the World Health Organization, over 2 billion people lack access to safely managed drinking water services, while over 50% of the global population are unable to access safe sanitation services. Moreover, 80% of wastewater flows back into the ecosystem sans treatment.
Consequently, there is a massive global water scarcity problem. Most of it is an end-product of discharging contaminated water laden with harmful chemicals into the environment. Hence, governments are urging chemical manufacturing units to incorporate better effluent treatment mechanisms.
Therefore, industries are investing in vacuum evaporation systems. Vacuum evaporation is one of the most convenient and efficient techniques for treating aqueous effluents by transforming waste effluents into two streams, one of concentrated waste and another of high quality water.
Industrial Vacuum Evaporation Systems Market- Region-wise Analysis
North America Industrial Vacuum Evaporation Systems Market
The North American industrial vacuum evaporation systems market is poised to grow at over 6% CAGR through 2030. Growth is especially evident across wastewater treatment and management.
The United States Environmental Protection Agency plays a proactive role in enforcing implementation of numerous effluent guidelines to regulate wastewater discharge in surface water bodies and publicly owned treatment works, consistent with Title III of the Clean Water Act.
The aforementioned standards call for efficient treatment of industrial wastewater, which has prompted industry giants to adopt robust solutions, paving the way for enhanced sales of different types of vacuum evaporation systems. The region is poised to generate over 33% revenue until the next five years.
Europe Industrial Vacuum Evaporation Systems Market
The Europe industrial vacuum evaporation systems market is likely to expand on the back of increasing presence of multiple manufacturers in the wake of stricter effluent discharge regulations implemented in the recent past.
In 2016, the European Union published the Best Available Technologies (BAT) conclusions for common wastewater and waste gas treatment/management systems in the chemical sector which call for proper waste water collection, management and treatment.
Numerous evaporator manufacturers such as Munters, Durr Systems Inc., Be.T.A Strumentazione Srl and Enexio Water Technologies GmbH have cemented their presence across the European landscape. A revenue share exceeding US$ 1 Bn is anticipated for the European market by 2030.
South Asia & Pacific Industrial Vacuum Evaporation Systems Market
South Asia & Pacific represents immense growth opportunities for the industrial vacuum evaporation systems market, owing to significant developments in the chemical industry in recent years.
India represents an attractive investment destination in this regard, as the chemical industry contributes 7% of the country’s GDP. The Indian chemical industry produces 80,000 different chemical products, with the alkali chemicals segment accounting for 71% of all chemicals produced.
Based on these figures, the scope for vacuum evaporation systems across the chemical manufacturing segment is burgeoning, with companies seeking to reduce their effluent discharge rate in order to reduce environmental footprint. An annual growth rate exceeding 9% is projected for the Indian market.
Chemical Industry Accounts for the Highest Demand
The chemical industry is expected to register maximum uptake of industrial vacuum evaporation systems, expected to reach US$ 910.8 Mn by 2030. The heightened usage is mostly to treat wastewater generated during the chemical manufacturing process.
However, the food & beverages industry is also emerging as an important end-user, attributed to the growing need for enhancing shelf lives of food and beverage products such as milk and sugar infused juices. The segment is poised to generate over 17% revenue until 2022.
Extensive Applications in Wastewater Treatment & Recycling
By application, wastewater treatment & recycling is generating credible investment opportunities for industrial vacuum evaporation systems manufacturers, experiencing an annual growth rate exceeding 6% beginning 2021. Vacuum evaporation can achieve 90% volume reduction of wastewater, hence making them highly suitable for the task.
Kovofins is an active players in this respect, manufacturing the AQUADEST Vacuum Evaporator series. The product comes in two series- AQUADEST-K and AQUADEST-D respectively. The former exerts operational pressure of 6-7 kilopascals while the latter exerts 70 kilopascals.
Multiple Effect Thermal Evaporators to Emerge as the Lynchpin
Based on system type, multiple effect thermal evaporators are acquiring immense popularity, accounting for nearly nine out of ten sales across various end-use industries. These evaporators are highly effective in ensuring long-term wastewater disposal cost reduction.
Heat pump evaporators are expected to be the 2nd most lucrative segment, exhibiting value CAGR exceeding 8% across the forecast period. Players such as Condorchem Envitech are at the forefront of manufacturing heat pump evaporators. Its presently markets the ENVIDEST® and DESALT® series of heat pumps respectively.
High Preference for 1000-2000 Liters/Day Capacity Systems
By capacity, evaporators capable of handling 1000-2000 liters/day liquids are expected to gather significant momentum in the short-run, experiencing a Y-o-Y growth of 8.2% until 2025. High volumes of chemical processing on a daily basis is driving the segment.
Simultaneously, evaporators handling a capacity of up to 100 liters/day are expected to garner equally high popularity, generating a revenue share worth 20% across the next half-a-decade.
COVID-19’s Impact on the Industrial Vacuum Evaporation Systems Market
The COVID-19 pandemic has induced a recessionary impact across the global industrial vacuum evaporation systems market, resulting in a blip of -5.6% throughout 2020. Imposition of government mandated lockdowns has substantially impacted the manufacturing industry, attributed to macro level supply chain and production cycles disruptions.
The chemical industry has been especially hit hard by the pandemic crisis, with manufacturing capacities reducing by nearly 40-60% owing to labor shortages experienced as a result of social distancing norms. Emerging economies such as China and India have borne the maximum brunt of this downswing.
According to the National Bureau of Statistics of China, chemical manufacturing across the East Asian giant slumped by nearly 1/5th in February 2020 as compared to the previous year. Similarly, Indian capital markets experienced significant declines amid shortfalls in chemical manufacturing.
All these trends signify a largely sluggish growth path for the industrial vacuum evaporations systems market across the current year. Fortunately, growth prospects appear to be bright beginning 2021, as industries expect a resurgence amid heightened inoculation procedures which would permit resumption of on-site manufacturing operations.
Industrial Vacuum Evaporation Systems Market- Competition Analysis
The global industrial vacuum evaporation systems market is characterized by the presence of multiple players. The manufacturers under question rely on incorporating technological innovations, including automation and artificial intelligence to offer quality end-products to potential clients. Moreover, collaborations, partnerships and acquisitions are also relied upon.
Some prominent players profiled in FMI’s industrial vacuum evaporation systems report include*:
- GEA Group
- BÜCHI Labortechnik AG
- Heidolph Instruments GmbH & CO. KG
- GEMÜ Group
- WIGGENS GmbH
- S.A.I.T.A SRL
- Condorchem Envitech
- IWE SRL
- Eco-Techno SRL
- ENCON Evaporators
- Sanshin Mfg. Co. Ltd.
*This list is indicative- full details about industrial vacuum evaporation systems players is available upon request.
Recently, in November 2020, GEA Group collaborated with Amul, India’s largest dairy co-operative to introduce innovative and future proof production technologies at the AmulFed site in Gandhinagar, Gujarat, by supplying its multistage MSD Spray Dryer equipped with a dual feed system to allow for 24/7 operation.
In 2018, Heidoplh Instruments expanded its Hei-VAP rotary evaporator portfolio by including the Hei-CHILL circulating cooler series and the digital Hei-VAC vacuum regulator. The digital Hei-VAC vacuum controller is highly robust and durable as it equipped with a high-end ceramic vacuum sensor.
That same year, EYELA unveiled a new type of microwave synthesizer named GPS-1100C for effective organic synthesis. The system is equipped with a new system containing an aluminum block jacket thermostat, quantitative heating by the travelling wave of a single mode by a semiconductor microwave oscillator and a temperature response from -13o C to 200o C.
Industrial Vacuum Evaporation Systems Market- Report Scope
Historical Data Available for
US$ Mn for Value & Units for Volume
Key Regions Covered
North America, Latin America, Europe, Middle East & Africa, East Asia and South Asia & Pacific
Key Countries Covered
U.S., Canada, Brazil, Mexico, Germany, Italy, France, U.K., Spain, Russia, China, Japan, South Korea, India, ASEAN, Australia, Turkey, Northern Africa & South Africa
Key Segments Covered
Application, System Type, Capacity & End-Use Industry
Key Companies Profiled
GEA Group, Veolia, SUEZ, BÜCHI Labortechnik AG, PRAB, Heidolph Instruments GmbH & CO. KG, GEMÜ Group, WIGGENS GmbH, S.A.I.T.A Srl, Condorchem Envitech, IWE SRL, Eco-Techno SRL, ENCON Evaporators EYELA, and Sanshin Mfg. Co., Ltd.
Market Overview, Key Market Trends, Key Success Factors, Demand Analysis, Market Background, COVID-19 Analysis, Segmental Analysis, Regional Profiling, Market Structure Analysis & Competition Analysis
Customization & Pricing
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- Is the industrial vacuum evaporation systems research conducted by Future Market Insights?
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- What research methodology is followed by FMI?
FMI follows a methodology that encompasses the demand side assessment of the market, and triangulates the same through a supply side analysis. This methodology is based on use of standard market structure, methods and definitions.
- Who are the respondents for primary research?
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- What are the sources of secondary research?
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- Wastewater Treatment & Recycling
- Solvent Recycling & Purification
- Drying Recrystallization
- Mechanical Vapor Recompression Evaporator
- Heat Pump Evaporator
- Co-Generation Hot & Cold Evaporator
- Rotary Evaporator
- Thermal Evaporator
- Multiple Effect
- Single Effect
- Upto 100 Liters/Day
- 150-500 Liters/Day
- 500-1000 Liters/Day
- 1000-2000 Liters/Day
- 2000-4000 Liters/Day
- 4000-8000 Liters/Day
- 8000-20000 Liters/Day
- 20000-50000 Liters/Day
- Metallurgy, Printing & Textiles
- Oil & Petrochemicals
- Food & Beverages
- Power Generation
- Medical & Research Laboratories
- North America (U.S & Canada)
- Latin America (Brazil, Mexico & Rest of Latin America)
- Europe (Germany, Italy, France, U.K., Spain, BENELUX, Russia & Rest of Europe)
- Middle East & Africa (GCC, Turkey, South Africa & Rest of MEA)
- East Asia (China, Japan & South Korea)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand and Rest of South Asia & Pacific)