Global Industrial Evaporators Industry

Global Industrial Evaporators Industry

  • April 2021 •
  • 179 pages •
  • Report ID: 5899695 •
  • Format: PDF
Abstract:
- Global Industrial Evaporators Market to Reach $104 Billion by 2027
- Amid the COVID-19 crisis, the global market for Industrial Evaporators estimated at US$70.1 Billion in the year 2020, is projected to reach a revised size of US$104 Billion by 2027, growing at aCAGR of 5.8% over the period 2020-2027. Food & Beverage Processing Industry, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$69.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Water Treatment Industry segment is readjusted to a revised 6.1% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $19 Billion, While China is Forecast to Grow at 8.8% CAGR
- The Industrial Evaporators market in the U.S. is estimated at US$19 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.9 Billion by the year 2027 trailing a CAGR of 8.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

- Select Competitors (Total 41 Featured) -
  • ADF Systems, Ltd.
  • Alaqua, Inc.
  • Buchi Labortechnik AG
  • Coastal Technologies, Inc.
  • Continental Blower LLC
  • ENCON Evaporators
  • Environmental Dynamics International (EDI)
  • General Electric Company
  • KMU LOFT Cleanwater GmbH
  • Mech Chem Associates, Inc.
  • Technoforce Solutions B.V.
  • Thermal Kinetics Engineering, PLLC