The global vacuum evaporators market size is expected to reach USD 4.06 billion by 2028 according to a new study by Polaris Market Research. The report “Vacuum Evaporators Market Share, Size, Trends, Industry Analysis Report, By Product (Rotary, Centrifugal, Others); By End-Use (Automotive, Food & Beverage, Energy & Power, Chemical, Pharmaceutical, Electronics); By Technology; By Application; By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The major driving factors of the market include growing automotive and manufacturing industries, depleting freshwater resources, and increasing water scarcity across the globe. Rapid technological advancements, along with the introduction of stringent government regulations regarding water usage and disposal of wastewater have further increased the adoption of the product. The increasing environmental awareness and growth in the adoption of Zero Liquid Discharge Systems accelerate the growth of the market.
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Key Highlights of Vacuum Evaporators Market
Regional Developments
North America has continuously dominated the vacuum evaporators market and is projected to carry this dominance further during the forecast period. Rising environmental concerns and the implementation of stringent regulations by the government for the disposal of wastewater generated by industries are driving the region’s growth. The regional market in the Asia Pacific is expected to garner substantial growth, owing to rapid industrialization and infrastructural growth in the region. In addition to this, a huge surge in demand for vacuum evaporators from different end-use industries is further propelling the market growth in the region.
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Competitive Outlook
Numerous evaporator manufacturers cementing their position in the vacuum evaporators market by bringing innovation in their product offerings and emphasizing strategic collaborations. Alfa Laval, Condorchem Envitech, Samsco Corporation, Saltworks Technologies Inc., Sirco Industrial, 3R Technology, Thomas Scientific, Suez Water Technologies & Solutions, Sanshin MFG, De Dietrich Process Systems, JEOL Ltd., Belmar Technologies Ltd., Veolia Water Technologies, Encon Evaporators, H2o GmbH, SPX Flow Inc., 3V Tech S.P.A., and Sasakura Engineering Co., Ltd.
Target Audience
Polaris Market Research has segmented the vacuum evaporators market report on the basis of product, application, end-use, technology, and region:
Vacuum Evaporators Product Outlook (Revenue, USD Million, 2016 – 2028)
Vacuum Evaporators Application Outlook (Revenue, USD Million, 2016 – 2028)
Vacuum Evaporators End-User Outlook (Revenue, USD Million, 2016 – 2028)
Vacuum Evaporators Technology Outlook (Revenue, USD Million, 2016 – 2028)
Vacuum Evaporators Regional Outlook (Revenue, USD Million, 2016 – 2028)
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavour to deliver value-added business solutions to our customers.
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