Industrial Evaporators Market Size & Growth Report to 2030

The global industrial evaporators market size was valued at over USD 18.5 billion in 2022 and anticipated to register a significant CAGR of around 5% during the forecast period from 2023 to 2030. The market is driven by increasing demand in sectors like food, pharmaceuticals, and chemicals. Additionally, the growing need for wastewater treatment and focus on energy efficiency and sustainability contribute to market growth. Technological advancements, government regulations, and investments in industrial infrastructure further boost the demand for industrial evaporators, which play a vital role in processing, concentrating, and purifying liquids in various industries. The expanding pharmaceutical and processed food industries, coupled with rapid industrialization and urbanization, also contribute to the market’s upward trajectory. Overall, evolving industrial requirements and environmental considerations drive the continuous growth of the market.

Market Snapshot:

Market Drivers:

• Increasing Demand in End-User Industries: As various industries continue to grow, they require industrial evaporators to process, concentrate, and purify liquids and solutions. For example, the food and beverage industry uses evaporators for concentrating fruit juices, dairy processing, and producing concentrated flavors. The pharmaceutical industry uses them for solvent recovery and concentration in drug manufacturing. The chemical industry requires evaporators for concentrating chemical solutions and separating valuable products.
• Growing Need for Wastewater Treatment: With increasing environmental awareness and stringent regulations, industries are investing in wastewater treatment facilities. Industrial evaporators play a crucial role in treating industrial wastewater by concentrating and separating contaminants, which helps in reducing water pollution and recovering valuable resources, such as chemicals and minerals.
• Advancements in Evaporator Technology: Continuous advancements in evaporator technology have led to the development of more energy-efficient and environmentally friendly systems. New designs and control systems have improved evaporation efficiency and reduced energy consumption, making them more attractive to industries looking to optimize their processes and reduce operational costs.
• Increasing Investment in Industrial Infrastructure: Developing economies with rapid industrialization and urbanization are investing heavily in industrial infrastructure. This expansion creates a higher demand for industrial evaporators in sectors like chemical processing, food processing, and water treatment, as they are integral to these industries’ production processes.
• Rising Demand for Processed Food and Beverages: Changing consumer preferences and the rise in disposable income have driven an increased demand for processed food and beverages. Evaporators are used in food processing to concentrate, dry, and preserve various food products, including fruit juices, dairy products, and instant coffee, among others.
• Focus on Energy Efficiency and Sustainability: Environmental concerns and rising energy costs have led industries to focus on energy-efficient and sustainable solutions. Evaporators that operate with lower energy consumption and incorporate technologies like waste heat recovery or water recycling align with the industry’s sustainability goals and reduce operating expenses.
• Government Regulations and Incentives: Governments worldwide have been implementing regulations to reduce industrial pollution and promote sustainable practices. Incentives and subsidies for adopting environmentally friendly technologies, including evaporators, encourage industries to invest in these systems.
• Rapid Industrialization and Urbanization: As populations in developing countries grow, there is a higher demand for industrial products, leading to increased industrialization and urbanization. Industrial evaporators are essential in various manufacturing processes, which fuels their demand.
• Increasing Need for Chemical Processing: The chemical industry, being a vital part of many manufacturing sectors, requires evaporators for multiple applications, such as solvent recovery, product concentration, and purification processes. As the chemical industry expands, so does the demand for industrial evaporators.

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Market Insights:

Market Analysis by Type:

The global industrial evaporators market is bifurcated into type, functionality, end-use industry, and geography. On the basis of type, the plate segment dominated the market in 2022, accounting for the largest revenue share. Its high efficiency in energy-saving, expandable capacity, superior heat transfer coefficient, and better product concentration contributed to its prominence. Additionally, Plate evaporators offer advantages over Shell & Tube types, such as compact size, lower weight, reduced space requirements, and lower installation costs. The ease of cleaning, thanks to the stainless steel surface, further adds to their appeal. The growing demand for Plate evaporators is driven by their widespread application in food & beverages, pharmaceuticals, chemical & petrochemical, electronics, automotive, and other industries. In the food & beverage sector, Plate technology is widely used for juice, beverage, milk, starch, coffee, vegetable pastes & concentrate, sauces, sugar, and edible oil concentration.

Shell & Tube Evaporators: These are one of the most common types of industrial evaporators. They consist of a shell with a bundle of tubes inside. The liquid to be evaporated flows through the tubes, while the heating medium (usually steam or hot water) surrounds the tubes in the shell, causing the liquid to evaporate. Shell & Tube evaporators are widely used in various industries due to their robust design, high efficiency, and ability to handle a wide range of flow rates and temperatures.

Plate Evaporators: Plate evaporators use a series of plates with alternating channels for the hot and cold fluids. The liquid flows through one set of channels, and the heating medium flows through the adjacent channels. The proximity of the hot and cold fluids allows for efficient heat transfer, resulting in a compact design with high thermal efficiency. Plate evaporators are commonly used in applications where space is limited, and heat-sensitive products need to be processed gently.

Market Analysis by End-Use Industry:

On the basis of end-use industry, the global industrial evaporators segment is further segmented into pharmaceutical, chemical & petrochemical, electronics & semiconductor, pulp & paper, food & beverage, automotive, and others. In 2022, the food & beverage segment held the largest market share, and it is expected to be the fastest-growing segment during the forecast period. Industrial evaporators play a crucial role in the food and beverage industry, aiding in moisture removal to increase total solids, reduce bulk density, and ease transportation. They also pre-concentrate food, enhance food color, and reduce water content in liquid products, thereby extending the shelf life of items like sauces, jams, and juices. Moreover, evaporators help minimize storage costs for refrigerated liquids. Within the food industry, industrial evaporators find extensive use in protein manufacturing and dairy industries. The rising preference for packaged food, concentrated juices, and ready-to-make foods has amplified the demand for evaporators. Additionally, the growing popularity of flavored milk has contributed to the market’s growth.

Pharmaceutical: The pharmaceutical industry uses industrial evaporators for solvent recovery, concentration of drug solutions, and purification processes during drug manufacturing.

Chemical & Petrochemical: In the chemical and petrochemical industries, evaporators are utilized for concentrating chemical solutions, separating valuable products, and treating process streams.

Electronics & Semiconductor: This industry uses industrial evaporators for chemical and solvent recovery, as well as for the purification of various chemicals used in semiconductor manufacturing.

Pulp & Paper: Industrial evaporators play a crucial role in the pulp and paper industry for concentrating black liquor, a byproduct of the paper-making process, to recover chemicals and reduce environmental impact.

Food & Beverage: The food and beverage industry utilizes evaporators for concentrating fruit and vegetable juices, milk, and other beverages, as well as for drying various food products.

Automotive: In the automotive industry, industrial evaporators are employed in various processes such as paint and coating applications and waste treatment.

Others: The “Others” category includes a diverse range of industries that use industrial evaporators for specific applications, such as wastewater treatment, metalworking, mining, and textiles, among others.

The industrial evaporators market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Type:

• Shell & Tube Evaporators
• Plate Evaporators

By Functionality:

• Falling Film Evaporators
• Rising Film Evaporators
• Forced Circulation Evaporators
• Agitated Thin Film Evaporators
• Mechanical Vapor Recompression
• Others

By End-Use Industry:

• Pharmaceutical
• Chemical & Petrochemical
• Electronics & Semiconductor
• Pulp & Paper
• Food & beverage
• Automotive
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

Geographically, the Asia-Pacific region has emerged as one of the fastest-growing markets for Industrial Evaporators due to several key factors. Rapid industrialization, urbanization, and economic growth have led to a significant expansion of various industries in the region, including food and beverage, pharmaceuticals, chemicals, and petrochemicals. As these industries expand, there is a growing demand for industrial evaporators to facilitate processing, concentration, and purification applications.

Moreover, the region’s increasing urban population and changing consumer preferences have resulted in a surge in the demand for processed food and beverages. Industrial evaporators play a vital role in the food processing industry by concentrating juices, milk, and other beverages, which extends their shelf life and makes transportation easier. In line with the global focus on environmental sustainability, the Asia-Pacific region also places a growing emphasis on wastewater treatment solutions. Industrial evaporators are widely used to treat industrial wastewater, reducing water pollution and recovering valuable resources.

Government initiatives and incentives further encourage industries to adopt energy-efficient and eco-friendly technologies, driving the adoption of advanced evaporator systems. The ongoing technological advancements in the region have also led to the development of more efficient and cost-effective industrial evaporators, further fueling their adoption in various industries, including the rapidly expanding pharmaceutical sector. The combination of economic growth, industrialization, and a focus on sustainability positions the Asia-Pacific region as a prominent and rapidly growing market for Industrial Evaporators.

Competitive Assessment:

Some of the major market players operating in the global industrial evaporators market are GEA Group AG, SPX FLOW, Inc., Buchi Labortechnik AG, John Crane, Sulzer Ltd., and BÜCHI Labortechnik AG. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. For instance:

• In January 2022, De Dietrich Process Systems, an India-based comprehensive solutions company, completed the acquisition of Zean Engineering for an undisclosed sum. This strategic acquisition allows the De Dietrich Process Systems Group to leverage its international network strength with Zean Engineering’s technical expertise. Zean Engineering, a Spain-based manufacturer, specializes in thin film evaporators, enabling high vacuum distillation of temperature-sensitive products. This collaboration is expected to enhance customer benefits by combining resources and capabilities from both companies.
• In October 2021, SP Industries (SP), a US-based manufacturer of specialty equipment, introduced the SP Genevac EZ-2 4.0 benchtop evaporator, offering a safe and eco-friendly solution for the elimination of commonly used acids and solvents. The new EZ-2 4.0 evaporator features a modern design and an intuitive touch screen interface, representing a significant advancement in evaporation technology.

Key Companies:

• GEA Group AG
• SPX FLOW, Inc.
• Buchi Labortechnik AG
• John Crane
• Sulzer Ltd.
• BÜCHI Labortechnik AG
• Alfa Laval AB
• IKA-Werke GmbH & Co. KG
• Keller GmbH & Co. KG
• Buchi India Pvt. Ltd.
• Swenson Technology, Inc.
• Toshniwal Instruments (Madras) Pvt. Ltd.
• Technoforce Solutions (I) Pvt. Ltd.
• ANANDA Industries
• Vobis, LLC.

Key Questions Answered by Industrial Evaporators Market Report

• Global industrial evaporators market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Industrial evaporators submarket forecasts from 2023-2030 covering the market by type, functionality, end-use industry, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level industrial evaporators markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market