PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403344
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1403344
Low Temperature Negative Pressure Evaporator Market Forecasts to 2030 - Global Analysis By Type (Single Effect and Multi Effect), End User and By Geography
According to Stratistics MRC, the Global Low Temperature Negative Pressure Evaporator Market is growing at a CAGR of 6.8% during the forecast period. Negative pressure at low temperatures specialized machinery called evaporators is used to evaporate liquids at lower pressures and temperatures. These systems work under vacuum, allowing the evaporation of heat-sensitive or volatile compounds without exposing them to high temperatures that would compromise their quality. In contrast, traditional evaporators usually operate at greater temperatures. Sensitive materials experience less thermal stress when these evaporators are operating at lower temperatures. This is especially helpful for materials that are easily degraded or undergo chemical property changes under high temperatures.
Market Dynamics:
Driver:
Increased demand for heat-sensitive product processing
The market for low temperature negative pressure evaporator is growing as a direct result of the need for heat-sensitive product processing. Heat-sensitive materials can evaporate with these evaporators since they are made especially to run at lower pressures and temperatures without deteriorating the substance over time. There is an increasing need for them as industry look for more accurate and efficient ways to manage these compounds. Thus, the need for low temperature negative pressure evaporators is growing throughout all industries that deal with heat-sensitive materials, not just one or two. This broadens the market for producers and providers of these evaporators, giving them the ability to serve a variety of businesses looking for dependable methods for handling sensitive materials which drives the growth of the market.
Restraint:
Complexity of operations
For the installation, use, and upkeep of low temperature negative pressure evaporator systems, complex activities sometimes call for specialized workers. Some companies may be discouraged from using these evaporators due to the possible rise in operating expenses associated with the need for specialized staff and training. In businesses where simplicity of operation and maintenance are important elements for technological adoption, the complexity of operations may slow down the rate of adoption of low temperature negative pressure evaporators. This might obstruct these systems' quick commercial growth. Moreover, industries may face difficulties in recruiting and maintaining qualified workers due to the requirement for specific training in order to operate and maintain these equipments hampering the growth of the market.
Opportunity:
Rising focus on sustainability and technological advancements
An increasing focus on sustainability is pushing firms to look out environmentally responsible ways to run their businesses. Compared to conventional evaporator systems, low temperature negative pressure evaporator use less energy and have a less environmental effect since they operate at lower temperatures and pressures. As a result, the market for these evaporators is expanding as more enterprises use them to boost their sustainability profiles. Constant technological innovation enhances their performance, efficiency, and capacities. Technological improvements such as advanced materials, improved heat exchange mechanisms, greater automation, and sophisticated control systems help to make these evaporators more efficient, dependable, and flexible to meet a range of industrial applications.
Threat:
Energy consumption concerns
For the companies that use these evaporators, the high energy consumption of low temperature negative pressure evaporator systems might lead to higher operating expenses. Potential customers who are sensitive to operational costs may be put off by this issue, especially if the energy cost is greater than the technology's supposed advantages. Moreover, these are thought to be more environmentally friendly than typical evaporators, but only if they use a substantial amount of energy. This is because they operate at lower pressures and temperatures. This might lead to companies searching for ways to reduce their carbon impact by using less energy impeding the growth of the market.
COVID-19 Impact
Lockdowns and other measures to stop the virus's spread caused several industries to reduce or temporarily stop operations. Businesses concentrated on sustaining vital operations, which resulted in a decline in the need for new equipment, including of low temperature negative pressure evaporators, as a result of the decline in industrial activity. Global supply chains were disrupted by the pandemic, which had an effect on the manufacture and delivery of raw materials and component parts needed to produce of low temperature negative pressure evaporator systems. The delivery and installation of these evaporators were hampered by supply chain delays, which may have slowed down projects or new installations.
The single effect segment is expected to be the largest during the forecast period
The single effect segment is estimated to have a lucrative growth, as in terms of energy consumption, single-effect evaporators are less effective than multiple-effect evaporators. They frequently demand a greater energy input to evaporate and this might affect consumer preferences in favour of energy-efficient and more efficient systems, which could have an effect on the pace at which single-effect evaporators are adopted in this market segment. As the market shifts toward efficiency and sustainability, companies may favour low temperature negative pressure evaporator or other sophisticated evaporator systems over single-effect models.
The chemical processing segment is expected to have the highest CAGR during the forecast period
The chemical processing segment is anticipated to witness the highest CAGR growth during the forecast period, as the chemical processing industry frequently works with volatile solvents, fragile chemicals, and heat-sensitive components. Without exposing these materials to extreme heat, these provide a way to recover solvents and concentrate them while maintaining their integrity and quality. The driving force behind advancement in, low temperature negative pressure evaporator technology is the requirement for more accurate and effective chemical processing methods.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the rapid industrialization that has occurred throughout the Asia Pacific area, including in South Korea, China, India, Japan, and Southeast Asian states. In industries like chemicals, pharmaceuticals, food and beverage, and wastewater treatment, there is a greater need than ever for eco-friendly and productive technology, such low temperature negative pressure evaporators. To address concerns with waste management and pollution, a number of Asia-Pacific nations have been tightening their environmental laws.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, because of innovation in industrial technology is encouraged by the region's emphasis on research and development. The development of low temperature negative pressure evaporator in the North American market is fuelled by investments in R&D projects targeted at raising environmental sustainability, cutting operational costs, and increasing evaporator efficiency. The requirement for such sustainable solutions is met by them, which can handle heat-sensitive materials while minimizing energy usage and environmental effect thus driving the growth of the market in this region.
Key players in the market:
Some of the key players profiled in the Low Temperature Negative Pressure Evaporator Market include EVAPCO, Alfa Laval, API Schmidt-Bretten, BUCHI Corporation, Buss-SMS-Canzler GmbH, De Dietrich, ENCON Evaporators, GEA Group, HORIBA STEC, JBT Corporation, Normit , NTE Process Srl, Okawara Mfg. Co., Ltd, Praj Industries, REDA S.p.A, SPX Flow, TABANLI MAKINA SAN VE TIC LTD STI, Thermo Fisher Scientific, TMW Technologies and Wenzhou Ace Machinery Co., Ltd
Key Developments:
In November 2023, EVAPCO Launches 'World's First' Packaged Low-Charge Ammonia Mega-Split Refrigeration System. VersaSplit, with up to 165TR (580kW) refrigeration capacity, doubles the capacity of Evapco's roof-mounted Penthouse 70TR (246kW) unit and brings versatility to the industrial market
In August 2023, SFC Pioneer Sepiatec acquired by BUCHI, Sepiatec, an innovative pioneer in Supercritical Fluid Chromatography Systems, headquartered in Berlin, has been acquired by Swiss lab equipment manufacturer BUCHI Labortechnik AG.
In May 2022, ENCON Launches ENCON-Link Remote monitoring software for evaporators, ENCON-Link will send alarm notifications to operators and management allowing hands off operation of the evaporator increasing uptime of the evaporator and freeing up the evaporator operator
Types Covered:
- Single Effect
- Multi Effect
End Users Covered:
- Food & Beverage Industry
- Chemical Processing
- Environmental & Wastewater Treatment
- Renewable Energy and Biofuels
- Oil & Gas Industry
- Laboratory & Research
- Pharmaceuticals & Biotechnology
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Low Temperature Negative Pressure Evaporator Market, By Type
- 5.1 Introduction
- 5.2 Single Effect
- 5.3 Multi Effect
6 Global Low Temperature Negative Pressure Evaporator Market, By End User
- 6.1 Introduction
- 6.2 Food & Beverage Industry
- 6.3 Chemical Processing
- 6.4 Environmental & Wastewater Treatment
- 6.5 Renewable Energy and Biofuels
- 6.6 Oil & Gas Industry
- 6.7 Laboratory & Research
- 6.8 Pharmaceuticals & Biotechnology
- 6.9 Other End Users
7 Global Low Temperature Negative Pressure Evaporator Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 EVAPCO
- 9.2 Alfa Laval
- 9.3 API Schmidt-Bretten
- 9.4 BUCHI Corporation
- 9.5 Buss-SMS-Canzler GmbH
- 9.6 De Dietrich
- 9.7 ENCON Evaporators
- 9.8 GEA Group
- 9.9 HORIBA STEC
- 9.10 JBT Corporation
- 9.11 Normit
- 9.12 NTE Process Srl
- 9.13 Okawara Mfg. Co., Ltd
- 9.14 Praj Industries
- 9.15 REDA S.p.A
- 9.16 SPX Flow
- 9.17 TABANLI MAKINA SAN VE TIC LTD STI
- 9.18 Thermo Fisher Scientific
- 9.19 TMW Technologies
- 9.20 Wenzhou Ace Machinery Co., Ltd
List of Tables
- Table 1 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 4 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 5 Global Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 6 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 7 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 8 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 9 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 10 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 11 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 12 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 13 Global Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 14 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Country (2021-2030) ($MN)
- Table 15 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 16 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 17 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 18 North America Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 19 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 20 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 21 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 22 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 23 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 24 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 25 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 26 North America Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 27 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Country (2021-2030) ($MN)
- Table 28 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 29 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 30 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 31 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 32 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 33 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 34 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 35 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 36 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 37 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 38 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 39 Europe Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 40 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Country (2021-2030) ($MN)
- Table 41 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 42 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 43 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 44 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 45 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 46 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 47 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 48 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 49 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 50 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 51 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 52 Asia Pacific Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 53 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Country (2021-2030) ($MN)
- Table 54 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 55 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 56 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 57 South America Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 58 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 59 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 60 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 61 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 62 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 63 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 64 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 65 South America Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
- Table 66 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Country (2021-2030) ($MN)
- Table 67 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Type (2021-2030) ($MN)
- Table 68 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Single Effect (2021-2030) ($MN)
- Table 69 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Multi Effect (2021-2030) ($MN)
- Table 70 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By End User (2021-2030) ($MN)
- Table 71 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Food & Beverage Industry (2021-2030) ($MN)
- Table 72 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Chemical Processing (2021-2030) ($MN)
- Table 73 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Environmental & Wastewater Treatment (2021-2030) ($MN)
- Table 74 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Renewable Energy and Biofuels (2021-2030) ($MN)
- Table 75 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Oil & Gas Industry (2021-2030) ($MN)
- Table 76 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Laboratory & Research (2021-2030) ($MN)
- Table 77 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Pharmaceuticals & Biotechnology (2021-2030) ($MN)
- Table 78 Middle East & Africa Low Temperature Negative Pressure Evaporator Market Outlook, By Other End Users (2021-2030) ($MN)
