Process Equipment Market: By Type (Pump, Filters, Valves, Vessels and Tanks, Heat Exchangers, Pipelines, Other), By Method (Mechanical, Chemical, Biological), By Industry (Food & Beverage, Chemical, Pharmaceutical, Textile, Metal, Power, Refinery, Other),

Process Equipment Market: By Type (Pump, Filters, Valves, Vessels and Tanks, Heat Exchangers, Pipelines, Other), By Method (Mechanical, Chemical, Biological), By Industry (Food & Beverage, Chemical, Pharmaceutical, Textile, Metal, Power, Refinery, Other), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And Forecasts To 2032


Process Equipment Market: By Type (Pump, Filters, Valves, Vessels and Tanks, Heat Exchangers, Pipelines, Other), By Method (Mechanical, Chemical, Biological), By Industry (Food & Beverage, Chemical, Pharmaceutical, Textile, Metal, Power, Refinery, Other), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And Forecasts To 2032

PRODUCT OVERVIEW

Process Equipment Market to surpass USD 130.7 billion by 2032 from USD 43.62 billion in 2021 at a CAGR of 10.5% in the coming years, i.e., 2022-32.

Process Equipment are the different mechanical tools needed for the mechanical, chemical, or thermal processing of a raw material or finished good. Process equipment are any among the several pieces of machinery used in the processing of chemicals and materials in establishments like chemical plants, refineries, and wastewater treatment facilities. This equipment is typically made with a particular process or family of processes in mind, though in certain situations it can be made specifically for a facility. Depending on whether new or old equipment is being acquired, as well as what it will be used for, prices can vary. Companies that produce process equipment also offer support to clients interested in these services through maintenance and repair contracts.

MARKET HIGHLIGHTS

Process Equipment Market to surpass USD 130.7 billion by 2032 from USD 43.62 billion in 2021 at a CAGR of 10.5% in the coming years, i.e., 2022-32. The main drivers of the Process Equipment Market include the rising advanced technologies, increasing industrialization, and globalization. Another factor driving the market is the growing adoption of automation across all sectors, including sugar, cement, pharmaceuticals, steel, textile, chemicals, food, oil, paper, electricity, and refinery.

Process Equipment Market Segments:
  • By Type
  • Pump
  • Filters
  • Valves
  • Vessels and Tanks
  • Heat Exchangers
  • Pipelines
  • Other
  • By Method
  • Mechanical
  • Chemical
  • Biological
  • By Industry
  • Food & Beverage
  • Chemical
  • Pharmaceutical
  • Textile
  • Metal
  • Power
  • Refinery
  • Other
MARKET DYNAMICS

Growth Drivers

Growing Industrialization and Globalization and Rising Government Initiatives

Rising Demand for Green Products and Progress of Wireless Technologies

Restraint

High Cost of Implementation, Initial Investments, and Unfavorable Weather Conditions

Key Players
  • Alfa Laval AB
  • Bucher Industries AG
  • Bühler AG
  • Godrej & Boyce
  • Marel HF
  • ANSYS Inc.
  • Isgec Heavy Engineering Ltd.
  • Ador Welding Ltd.
  • Artson Engineering
  • Freeco International
  • Process Equipment Corporation
  • Beepex Corporation Organization
  • Power Zone Equipment Inc.
  • Kerone
  • Sunrise Process Equipments
  • Other Prominent Players
(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 4-5 business days upon order confirmation*


1 Executive Summary
1.1. Regional Market Share
1.2. Business Trends
1.3. Process Equipment Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 Research Methodology
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 Market Characteristics
3.1. Market Definition
3.2. Process Equipment Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 Process Equipment Market – Industry Insights
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 Macroeconomic Indicators
6 Recent Developments
7 Market Dynamics
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 Risk Analysis
9 Market Analysis
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 Process Equipment Market
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 Process Equipment Market Size & Forecast 2022A-2032F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Type
11.3.1.1. Pump
11.3.1.1.1.
11.3.1.1.2. By Value (USD Million) 2022-2032F
11.3.1.1.3. Market Share (%) 2022-2032F
11.3.1.1.4. Y-o-Y Growth (%) 2022-2032F
11.3.1.2. Filters
11.3.1.2.1. By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3. Valves
11.3.1.3.1. By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4. Vessels and Tanks
11.3.1.4.1. By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5. Heat Exchangers
11.3.1.5.1. By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.6. Pipelines
11.3.1.6.1. By Value (USD Million) 2022-2032F
11.3.1.6.2. Market Share (%) 2022-2032F
11.3.1.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.7. Other
11.3.1.7.1. By Value (USD Million) 2022-2032F
11.3.1.7.2. Market Share (%) 2022-2032F
11.3.1.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Method
11.3.2.1. Mechanical
11.3.2.1.1. By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Chemical
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2. Market Share (%) 2022-2032F
11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Biological
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2. Market Share (%) 2022-2032F
11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3. By Industry
11.3.3.1. Food & Beverage
11.3.3.1.1. By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Chemical
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2. Market Share (%) 2022-2032F
11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Pharmaceutical
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2. Market Share (%) 2022-2032F
11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.4. Textile
11.3.3.4.1. By Value (USD Million) 2022-2032F
11.3.3.4.2. Market Share (%) 2022-2032F
11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.5. Metal
11.3.3.5.1. By Value (USD Million) 2022-2032F
11.3.3.5.2. Market Share (%) 2022-2032F
11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.6. Power
11.3.3.6.1. By Value (USD Million) 2022-2032F
11.3.3.6.2. Market Share (%) 2022-2032F
11.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.7. Refinery
11.3.3.7.1. By Value (USD Million) 2022-2032F
11.3.3.7.2. Market Share (%) 2022-2032F
11.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.8. Other
11.3.3.8.1. By Value (USD Million) 2022-2032F
11.3.3.8.2. Market Share (%) 2022-2032F
11.3.3.8.3. Y-o-Y Growth (%) 2022-2032F
12 North America Process Equipment Market Size & Forecast 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2. By Method
12.3.3. By Industry
12.4. Country
12.4.1. United States
12.4.2. Canada
13 Europe Process Equipment Market Size & Forecast 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2. By Method
13.3.3. By Industry
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 Asia Process Equipment Market Size & Forecast 2022A-2032F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2. By Method
14.3.3. By Industry
14.4. By Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 Middle East and Africa Process Equipment Market Size & Forecast 2022A-2032F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2. By Method
15.3.3. By Industry
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 Latin America Process Equipment Market Size & Forecast 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2. By Method
16.3.3. By Industry
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 Competitive Landscape
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 Company Profiles
18.1. Alfa Laval AB
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1 Product Portfolio
18.1.4.2 Key Clients
18.1.4.3 Market Share
18.1.4.4 Recent News & Development (Last 3 Yrs.)
18.1.4.5 Executive Team
18.2. Bucher Industries AG
18.3. Bühler AG
18.4. Godrej & Boyce
18.5. Marel HF
18.6. ANSYS Inc.
18.7. Isgec Heavy Engineering Ltd.
18.8. Ador Welding Ltd.
18.9. Artson Engineering
18.10. Freeco International
18.11. Process Equipment Corporation
18.12. Beepex Corporation Organization
18.13. Power Zone Equipment Inc.
18.14. Kerone
18.15. Sunrise Process Equipments
18.16. Other Prominent Players
19 Appendix
20 Consultant Recommendation

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