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 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%.
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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., are few of the major key market players available in the market.
Market Definition: Global Distillation Systems Market
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.
- 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
- 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
Segmentation: Global Distillation Systems Market
- Column Shell Segment
- Water Treatment
- North America
- South America
- Middle East & Africa
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Competitive Analysis: Global Distillation Systems Market
The Global Distillation Systems Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Distillation Systems Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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?
- What are the key factors driving the global market?
- 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?
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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