Global Distillation Systems Market, By Technique (Fractional, Steam, Vacuum, Multiple-Effect), By Component (Column Shell Segment, Adapters), By Application (Water Treatment, Food, Beverage, Petro-Chemical, Pharmaceutical, Chemical), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Forecast to 2025
Market Analysis: Global Distillation Systems Market
Increased demand for distilled spirits, beverages and petroleum products have proven favourable for the industry and hence has been estimated that, by 2025 the value will grow to USD 8.8 billion, from its initial estimated value of USD 6.1 billion in 2018, with CAGR registering at 5.5%
Commercially, Distillation has a lot of uses. It is a technique of separating components or substances, from liquid mixtures. This is achieved through boiling and condensation of all the materials selectively; it is therefore not a chemical reaction. This results in partial or complete separation. Distillation is all about exploiting the difference in volatility of mixture components.
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Key Market Competitors:
- GEA Group AG,
- Core Laboratories,
- Pilodist,
- Larsen & Toubro Ltd.,
- Robert Bosch Packaging Technology GmbH,
- Praj Industries,
- EPIC Modular Process Systems,
- Anton Paar GmbH,
- Sulzer Ltd.,
- SPX Flow,
- Alfa Laval AB,
- Beijing Zehua Chemical Engineering Co. Ltd.,
- Tianjin Univtech Co. Ltd.,
- BÜFA Composite Systems GmbH & Co. KG,
- Jiangxi Xintao Technology Co. Ltd.,
- Sumitomo Heavy Industries Process Equipment Co. Ltd.,
- GTC Technology US LLC,
- Lantec Products Inc.,
- FENIX Process Technologies Pvt. Ltd.,
- HAT International Ltd.,
- AMACS Process Tower Internals,
- Kevin Enterprises Pvt. Ltd.
Market Drivers:
- Significant urbanization and industrialization has fuelled the growth of the industry of various industrial distillation systems
- Increased demand for the distilled products, like petroleum, distilled spirits and beverages has significantly improved the market growth
Market Restraints:
- Rise of alternative technologies has given way for other distillation techniques to restrict the market growth
- Proper and appropriate apparatus is of utmost importance in the distillation process, which requires a significant amount of initial investment, restricting the market growth
This report consists of below pages:
• No of pages: 350
• No of Figures: 60
• No of Tables: 220
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Segmentation:
By Technique
- Fractional
- Steam
- Vacuum
- Multiple-Effect
By Component
- Column Shell Segment
- Adapters
By Application
- Water Treatment
- Food
- Beverage
- Petro-Chemical
- Pharmaceutical
- Chemical
By Geography
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
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Research Methodology: Global Distillation Systems Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2018 to 2025
- Market Drivers and Restraints analysis along with the analysis of the market structure
Frequently Asked Questions:
- What will the market size be in 2025?
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- What are the challenges to market growth?
- Who are the key players in the market?
- What are the market opportunities and threats faced by the key players?
- What will be the growth rate in 2025?
- Which strategies are used by top players in the Global Distillation Systems Market?
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