What is Global Plate Falling Film Evaporator Market?
The Global Plate Falling Film Evaporator Market is an intriguing sector of the global market that focuses on the production and distribution of Plate Falling Film Evaporators. These devices are primarily used in industries that require the evaporation of volatile substances from a liquid mixture, leaving behind a concentrated solution. The market is a global one, meaning it encompasses the production and distribution of these devices in various countries and regions around the world. The market's value was estimated to be around US$ 166 million in 2022, and it is projected to increase to US$ 222.2 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period of 2023-2029.
Single-Effect, Multiple-Effect in the Global Plate Falling Film Evaporator Market:
The Global Plate Falling Film Evaporator Market can be segmented based on the type of evaporator used, namely Single-Effect and Multiple-Effect. Single-Effect Evaporators are devices that utilize a single heating source to evaporate volatile substances. On the other hand, Multiple-Effect Evaporators use multiple heating sources to achieve the same result. This allows for a more efficient and cost-effective evaporation process. The choice between Single-Effect and Multiple-Effect Evaporators depends on the specific requirements of the industry and the nature of the liquid mixture being processed.
Pulp and Paper, Wastewater Treatment, Food, Lyocell Fiber Industry, Others in the Global Plate Falling Film Evaporator Market:
The Global Plate Falling Film Evaporator Market finds its application in various sectors such as Pulp and Paper, Wastewater Treatment, Food, Lyocell Fiber Industry, among others. In the Pulp and Paper industry, these evaporators are used to concentrate black liquor, a byproduct of the pulping process, before it is burned in a recovery boiler. In Wastewater Treatment, they are used to concentrate waste sludge before it is disposed of or used as a fertilizer. In the Food industry, they are used to concentrate fruit juices, milk, and other food products. Lastly, in the Lyocell Fiber Industry, they are used to recover and recycle the solvent used in the production process.
Global Plate Falling Film Evaporator Market Outlook:
To rephrase the market outlook, the Global Plate Falling Film Evaporator Market was worth US$ 166 million in 2022. It is expected to grow to a value of US$ 222.2 million by 2029, showing a CAGR of 4.2% during the forecast period of 2023-2029. Europe is the dominant player in this market, contributing over 45% of the global revenue. When it comes to applications, the Pulp and Paper sector takes the lead, accounting for over 30% of the global total.
Report Metric | Details |
Report Name | Plate Falling Film Evaporator Market |
Accounted market size in 2023 | US$ 173.6 million |
Forecasted market size in 2029 | US$ 222.2 million |
CAGR | 4.2 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Sales by Region |
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By Company | SPX Flow, GEA Group, Andritz, Sumitomo SHI FW, Shanghai Senon, GIG Karasek (Dr. Aichhorn Group), Schrader, Jiangsu Hanpu Mechanical, BMA, Rosenblad Design Group, Qingdao Conqinphi, Athco Engineering, Jiangsu Zhongyi Environmental, Spray Engineering Devices, Shandong Wenrui |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |