Vacuum evaporators are extensively used in package food industries to remove the excess moisture that allows the food to be stored for long period without spoiling. Moreover, vacuum evaporation techniques are also used in semiconductor and microelectronic industries to conduct the process of depositing thin films of certain material on other surfaces.
Vacuum evaporators are often used to eliminate the excess moisture, allowing the food to be stored for longer periods without spoiling. Furthermore, vacuum evaporation methods are used in the semiconductor and microelectronic industries to deposit thin films of a specific material on other surfaces.
Major Driving Factors for Vacuum Evaporators Market
The increasing demand for wastewater treatment from various end-use industries such as food and beverage, pharmaceutical, and automotive is the primary driver of market growth. The vacuum evaporators market is also benefiting from the widespread adoption of zero liquid discharge systems and the rapidly expanding global manufacturing industry.
Furthermore, growing concerns about the disposal of brine concentrate into oceans and rising population, and rapid urbanization in emerging economies would provide the vacuum evaporators market with a range of growth opportunities. With the strict environmental policies, Zero Liquid Discharge (ZDL) Systems are increasingly being implemented in various industries such as automotive and petrochemicals, resulting in a rise in demand for vacuum evaporation techniques for wastewater treatment in these industries.
Regional Outlook of Vacuum Evaporators Market
In the Asia Pacific, the vacuum evaporators market is expected to rise at the fastest pace. Some of the world’s fastest-growing economies are found in the region. In terms of increasing population, favorable government policy, industrial development, and other factors, some Asian economies have enormous market potential.
China and India are the world’s two fastest-growing economies. Economic development in these countries is projected to boost industrial activity, resulting in increased demand for treated water. As a result, the Asia Pacific demand for vacuum evaporators is expected to expand. North America dominates the global vacuum evaporator market, with Canada and the United States being the main customers. This is due to growing concerns in the area about the lack of water and wastewater treatment.
Recent Developments in Vacuum Evaporators Market
ICM, Inc., a leading biotechnology company, has recently signed an agreement with Lakeview Plymouth Energy, LLC, to improve its ethanol producer’s distillation system and convert the ethanol producer’s high-pressure distillation system to ICM’s patented lower-temperature vacuum distillation.
Brian Larkin, CEO of SP Industries (SP), has announced the signing of a cooperation agreement with Ecodyst (NC, USA). “This new collaboration enables our SP Genevac brand to be the extensive, one-stop-shop for all evaporation solutions,” Larkin said in a statement.
Leading Market Participants
Key market players are primarily emphasizing research and development to meet the emerging demand for vacuum evaporators. Some players hold a dominant position in the market including De Dietrich Process Systems, Sirco Industrial, Condorchem Envitech, Thomas Scientific, Veolia Water Technologies, 3R Technology, Samsco Corporation, Encon Evaporators, Saltworks Technologies Inc., Belmar Technologies Ltd., Suez Water Technologies & Solutions, and H2o GmbH.
Deep-dive Insights on Vacuum Evaporators Market by Polaris Market Research: https://www.polarismarketresearch.com/industry-analysis/vacuum-evaporators-market/request-for-sample