Global Vacuum Evaporation System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Vacuum Evaporation System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Vacuum evaporation is a technique which is characterized by transforming liquid effluent into two flows, one of high-quality water and the other comprising a concentrated waste. The water obtained is of sufficiently high quality to be re-used, whereas the waste can be concentrated, even reaching almost total dryness. Waste management costs decrease markedly when concentrating the waste to this extent.

The vacuum evaporation treatment process consists of reducing the interior pressure of the evaporation chamber below atmospheric pressure. This reduces the boiling point of the liquid to be evaporated, thereby reducing or eliminating the need for heat in both the boiling and condensation processes.

The Vacuum Evaporation System is suitable for wastewater treatment containing very high concentration of salts, non-biodegradable compounds, substances that are toxic to microorganisms and metals. Widely used in Chemical Industry, Waste Disposal, Pharmaceutical Industry, Biofuel, Food Industry and other fields

Market Overview:

The latest research study on the global Vacuum Evaporation System market finds that the global Vacuum Evaporation System market reached a value of USD 2476.64 million in 2022. It’s expected that the market will achieve USD 3255.19 million by 2028, exhibiting a CAGR of 4.66% during the forecast period.

Influence of COVID-19 Outbreak on Vacuum Evaporation System Development

Affected by COVID-19, logistics will be suspended, and the supply of raw materials for Vacuum Evaporation System will be tight. Production was stagnant, the company's inventory increased, and the production of related enterprises in the severely affected areas was greatly affected. The short-term epidemic has less impact on the supply of raw materials for enterprises, mainly consuming stock materials, and the long-term epidemic will cause incalculable losses. If the epidemic develops further and logistics is always unsatisfactory, small and medium-sized Vacuum Evaporation System enterprises are likely to be shut down due to insufficient raw material supply, and even large enterprises will face the same problem.
The raging COVID-19 has left the global economic environment in depression. The impact of COVID-19 on the Vacuum Evaporation System industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The impact on the Vacuum Evaporation System industry depends on the prevention and control effects of COVID-19.

Market Opportunity and Drivers

For many years, in order to develop the economy rapidly, many areas pay less attention to environmental protection, especially in some developing countries. The problem of untreated sewage discharged into fresh water is becoming more and more serious, and wastewater treatment and management has become a matter of strict supervision in various countries. For the purpose of protecting fresh water resources and green development, the environmental protection policies of various countries have become increasingly strict. E.g., EU’s water framework directive (directive 2000/60/EC). And under the reform framework, new instructions are issued continuously. China's water environment quality standard (GB3838-2002). The quality standards of various countries have promoted the demand for reducing wastewater discharge in the downstream industries of vacuum evaporation.
In addition, zero liquid discharge (ZLD) and minimum liquid discharge (MLD) have become new and efficient wastewater treatment processes. ZLD and MLD can eliminate/reduce any liquid waste discharged from factories or facilities, and recycle most of the water. More and more industrial wastewater treatment systems with zero liquid discharge (ZLD) drive the demand of vacuum evaporation system.
The demand for vacuum evaporator system is increasing in American and European markets. The United States and Europe have developed industries, with many large chemical companies, pharmaceutical companies, food companies, and a wide range of downstream applications. At the same time, the United States and Europe are relatively developed, and people have a strong sense of environmental protection and pay more attention to environmental problems. As well as the strict implementation of various government laws and regulations on the treatment of industrial wastewater, the market demand for vacuum evaporation system in American and European markets has been continuously promoted.

Region Overview:

From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Suez Water Technologies & Solutions, Veolia Water Technologies, SPX Flow Inc., with the revenue market share of 11.54%, 8.57% and 3.10% in 2020.

SUEZ Water Technologies & Solutions offer covers the entire water, wastewater and process value chain, including Design & Build projects, specialty chemical services, equipment and system offerings, outsourced services, and digital water management. SUEZ Water Technologies & Solutions caters to refining, data centers, food and beverages, metals and mining, power, pharma, life sciences, and other sectors.

Veolia Water Technologies provides water engineering services. The Company designs, builds, and offers drinking water networks, sludge and wastewater treatment, desalination, odor control, and chemical conditioning solutions. Veolia Water Technologies serves municipal and industrial clients worldwide.

Segmentation Overview:

Among different product types, Mechanical Vapor Recompression segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Chemical Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Vacuum Evaporation System market covered in Chapter 3:

JEOL Ltd.
SPX Flow Inc.
Veolia Water Technologies
Condorchem Envitech
Eco-Techno S.R.L.
Andritz
ENCON Evaporators
H2O GmbH
Suez Water Technologies & Solutions
EPCON Evaporation Technology AS
Dedert
S.A.I.T.A SRL
LDX Solutions
Sanshin Mfg. Co., Ltd.
De Dietrich SAS
GEA Group AG
Valmet
IWE SRL

In Chapter 4 and Chapter 14.2, on the basis of types, the Vacuum Evaporation System market from 2018 to 2029 is primarily split into:

Heat Pump Vacuum Evaporation System
Mechanical Vapor Recompression
Multiple Effect Vacuum Evaporation System
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Vacuum Evaporation System market from 2018 to 2029 covers:

Chemical Industry
Waste Disposal
Pharmaceutical Industry
Biofuel
Food Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)