Industrial Evaporators Market Report 2026

The industrial evaporators market size has grown strongly in recent years. It will grow from $42.63 billion in 2025 to $45.07 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to expansion of chemical processing, industrial water treatment demand, growth of food and beverage processing, adoption of thermal separation, environmental compliance requirements.

The industrial evaporators market size is expected to see strong growth in the next few years. It will grow to $56.19 billion in 2030 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to stricter water discharge regulations, adoption of sustainable processing technologies, growth in pharmaceutical manufacturing, demand for energy-efficient systems, industrial digitalization. Major trends in the forecast period include adoption of energy-efficient evaporation technologies, growth of zero liquid discharge systems, expansion of multi-effect evaporators, rising demand in wastewater treatment, integration of automated process controls.

The growing chemical processing industry is driving demand for the industrial evaporators market. The chemical processing industry refers to the sector of the economy involved in the production, manufacturing, and processing of chemicals and chemical products. Industrial evaporators are used in this industry to support concentration, separation, solvent recovery, and wastewater management. For instance, in December 2023, according to a report published by BASF, a Germany-based chemical company, global chemical production (excluding pharmaceuticals) increased by 1.7% in 2023, following 2.1% growth in 2022. Therefore, the expansion of the chemical processing industry is accelerating demand for industrial evaporators.

Major companies operating in the industrial evaporators market are focusing on strategic collaboration to provide reliable services to customers. Strategic collaboration refers to a mutually beneficial partnership between two or more independent entities working together to achieve shared objectives aligned with their individual strategies. For example, in March 2023, Organomation, a US-based manufacturer of laboratory equipment, partnered with Pacific Star Group, a US-based provider of laboratory equipment and supplies, to offer GSA-approved evaporators. Pacific Star’s GSA contract and extensive network enable Organomation to reach government agencies and institutions seeking sample preparation equipment.

In June 2025, International Flavors & Fragrances Inc. (IFF), a US-based manufacturing company, partnered with Adven Inc. to enhance flavor and fragrance production. Through this partnership, IFF and Adven aim to improve production efficiency and sustainability by integrating Adven’s advanced evaporation technology into IFF’s global manufacturing processes. Adven Inc. is a US-based industrial technology company specializing in advanced evaporation and process solutions for industrial applications.

Major companies operating in the industrial evaporators market are Atlas Copco AB, Tetra Pak AB, ADF Systems Inc., GEA Group AG, Alfa Laval AB, Ebara Corporation, SPX Corporation, Komax Systems Inc., Zhejiang Dayuan Evaporative Technology Co. Ltd., Louisville Dryer Company, Bucher Unipektin AG, John Brooks Company Limited, Aqua-Chem Inc., Praj Industries Limited, Artisan Industries Inc., Technoforce Solutions (I) Pvt. Ltd., Thermal Kinetics Engineering plc, Swenson Technology Inc., ENCON Evaporators, Buflovak LLC, Caloris Engineering LLC, Compro International Inc., Coastal Technologies Group Inc., KMPT USA Inc., Falling Film America LLC, Fenco Food Machinery Srl.

Asia-Pacific was the largest region in the industrial evaporators market in 2025 and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial evaporators market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial evaporators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial evaporators market consists of sales of shell & tube evaporators and plate evaporators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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