The industrial evaporators market size has grown strongly in recent years. It will grow from $40.85 billion in 2024 to $43.31 billion in 2025 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to environmental regulations, water scarcity, growth in the food and beverage industry, changes in labor costs, increasing global trade.
The industrial evaporators market size is expected to see strong growth in the next few years. It will grow to $55.06 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to renewable energy integration, smart manufacturing, biotechnology and pharmaceutical growth, shift towards decentralized manufacturing models, digitalization of processes. Major trends in the forecast period include zero liquid discharge (ZLD) solutions, energy-efficient evaporators, membrane-based evaporation technologies, hybrid evaporation systems, adoption of evaporative cooling.
The growth of the food and beverage industries is fueling demand for the industrial evaporators market. The food and beverage sector encompasses a variety of establishments, including restaurants, cafeterias, cafés, fast-food outlets, pubs, delis, food manufacturing operations, catering services, food transportation, and more. Industrial evaporators concentrate food by using heat to evaporate water content. For example, in April 2022, a report from Common Thread Collective, a US-based e-commerce growth agency, indicated that global food and beverage sales reached $506 billion in 2022 and are projected to climb to $857 billion by 2025. Thus, the expansion of the food and beverage industries is driving the growth of the industrial evaporators market.
The industrial evaporators market is witnessing growth driven by the expanding chemical processing industry. The chemical processing industry encompasses the production, manufacturing, and processing of chemicals and chemical products. Industrial evaporators are instrumental in the chemical processing industry, providing solutions for concentration, separation, solvent recovery, and wastewater management. According to the American Chemical Society, the output of chemicals is projected to increase by 4.1% in 2022 and 2.4% in 2023. Therefore, the growing chemical processing industry is a key driver for the industrial evaporators market.
Leading companies in the industrial evaporation market are creating advanced products, such as controlled evaporation compartments, to improve precision and efficiency in liquid concentration and separation processes. Controlled evaporation compartments are specialized units that manage the rate and conditions of evaporation in industrial settings. For example, in January 2022, Biotage, a Sweden-based bioscience company, launched the TurboVap 96 Dual, an advanced well plate evaporator. This second-generation device features dual, independently controlled evaporation compartments that enhance sample preparation capabilities. It uses both top-heated nitrogen and bottom-convection heating to boost evaporation efficiency while reducing gas consumption. Additionally, it includes features to monitor energy and gas usage, allowing laboratories to manage resources more effectively.
Major companies in the industrial evaporation market are focusing on strategic collaborations to provide reliable services to customers. Strategic collaboration involves a mutually beneficial partnership between independent entities working together to achieve shared goals aligned with their individual strategic objectives. 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 allow Organomation to connect with government agencies and institutions seeking sample preparation equipment.
In January 2022, De Dietrich Process Systems, an India-based comprehensive solutions company, acquired Zean Engineering for an undisclosed amount. This acquisition enables De Dietrich Process Systems to combine its international network strength with Zean Engineering's technical expertise, particularly in the manufacturing of thin film evaporators.
Major companies operating in the industrial evaporators market include 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 2024 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, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An industrial evaporator is essential for converting liquid into a gaseous form, which can be collected if necessary. It finds applications in various food and non-food industries, particularly in water distillation units and processing systems.
The primary types of industrial evaporators include natural/forced circulation evaporators, falling film evaporators, rising film evaporators, multiple effect evaporators, agitated thin film evaporators, LPG storage tanks, MVC evaporators, electron beam evaporators, and other types. Falling film evaporators, for solvent recovery and high-quality cannabis extract oil production, separate substances with different boiling point temperatures. Industrial evaporators are utilized across pharmaceutical, chemical & petrochemical, electronics & semiconductor, pulp & paper, food & beverage, automotive, and other end-user industries.
The industrial evaporators market research report is one of a series of new reports that provides industrial evaporator market statistics, including industrial evaporator industry global market size, regional shares, competitors with an industrial evaporator market share, detailed industrial evaporator market segments, market trends and opportunities, and any further data you may need to thrive in the industrial evaporator industry. This industrial evaporator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
The industrial evaporators market size is expected to see strong growth in the next few years. It will grow to $55.06 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to renewable energy integration, smart manufacturing, biotechnology and pharmaceutical growth, shift towards decentralized manufacturing models, digitalization of processes. Major trends in the forecast period include zero liquid discharge (ZLD) solutions, energy-efficient evaporators, membrane-based evaporation technologies, hybrid evaporation systems, adoption of evaporative cooling.
The growth of the food and beverage industries is fueling demand for the industrial evaporators market. The food and beverage sector encompasses a variety of establishments, including restaurants, cafeterias, cafés, fast-food outlets, pubs, delis, food manufacturing operations, catering services, food transportation, and more. Industrial evaporators concentrate food by using heat to evaporate water content. For example, in April 2022, a report from Common Thread Collective, a US-based e-commerce growth agency, indicated that global food and beverage sales reached $506 billion in 2022 and are projected to climb to $857 billion by 2025. Thus, the expansion of the food and beverage industries is driving the growth of the industrial evaporators market.
The industrial evaporators market is witnessing growth driven by the expanding chemical processing industry. The chemical processing industry encompasses the production, manufacturing, and processing of chemicals and chemical products. Industrial evaporators are instrumental in the chemical processing industry, providing solutions for concentration, separation, solvent recovery, and wastewater management. According to the American Chemical Society, the output of chemicals is projected to increase by 4.1% in 2022 and 2.4% in 2023. Therefore, the growing chemical processing industry is a key driver for the industrial evaporators market.
Leading companies in the industrial evaporation market are creating advanced products, such as controlled evaporation compartments, to improve precision and efficiency in liquid concentration and separation processes. Controlled evaporation compartments are specialized units that manage the rate and conditions of evaporation in industrial settings. For example, in January 2022, Biotage, a Sweden-based bioscience company, launched the TurboVap 96 Dual, an advanced well plate evaporator. This second-generation device features dual, independently controlled evaporation compartments that enhance sample preparation capabilities. It uses both top-heated nitrogen and bottom-convection heating to boost evaporation efficiency while reducing gas consumption. Additionally, it includes features to monitor energy and gas usage, allowing laboratories to manage resources more effectively.
Major companies in the industrial evaporation market are focusing on strategic collaborations to provide reliable services to customers. Strategic collaboration involves a mutually beneficial partnership between independent entities working together to achieve shared goals aligned with their individual strategic objectives. 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 allow Organomation to connect with government agencies and institutions seeking sample preparation equipment.
In January 2022, De Dietrich Process Systems, an India-based comprehensive solutions company, acquired Zean Engineering for an undisclosed amount. This acquisition enables De Dietrich Process Systems to combine its international network strength with Zean Engineering's technical expertise, particularly in the manufacturing of thin film evaporators.
Major companies operating in the industrial evaporators market include 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 2024 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, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.
An industrial evaporator is essential for converting liquid into a gaseous form, which can be collected if necessary. It finds applications in various food and non-food industries, particularly in water distillation units and processing systems.
The primary types of industrial evaporators include natural/forced circulation evaporators, falling film evaporators, rising film evaporators, multiple effect evaporators, agitated thin film evaporators, LPG storage tanks, MVC evaporators, electron beam evaporators, and other types. Falling film evaporators, for solvent recovery and high-quality cannabis extract oil production, separate substances with different boiling point temperatures. Industrial evaporators are utilized across pharmaceutical, chemical & petrochemical, electronics & semiconductor, pulp & paper, food & beverage, automotive, and other end-user industries.
The industrial evaporators market research report is one of a series of new reports that provides industrial evaporator market statistics, including industrial evaporator industry global market size, regional shares, competitors with an industrial evaporator market share, detailed industrial evaporator market segments, market trends and opportunities, and any further data you may need to thrive in the industrial evaporator industry. This industrial evaporator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Industrial Evaporators Market Characteristics3. Industrial Evaporators Market Trends and Strategies4. Industrial Evaporators Market - Macro Economic Scenario Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Industrial Evaporators Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Industrial Evaporators Market34. Recent Developments in the Industrial Evaporators Market
5. Global Industrial Evaporators Growth Analysis and Strategic Analysis Framework
6. Industrial Evaporators Market Segmentation
7. Industrial Evaporators Market Regional and Country Analysis
8. Asia-Pacific Industrial Evaporators Market
9. China Industrial Evaporators Market
10. India Industrial Evaporators Market
11. Japan Industrial Evaporators Market
12. Australia Industrial Evaporators Market
13. Indonesia Industrial Evaporators Market
14. South Korea Industrial Evaporators Market
15. Western Europe Industrial Evaporators Market
16. UK Industrial Evaporators Market
17. Germany Industrial Evaporators Market
18. France Industrial Evaporators Market
19. Italy Industrial Evaporators Market
20. Spain Industrial Evaporators Market
21. Eastern Europe Industrial Evaporators Market
22. Russia Industrial Evaporators Market
23. North America Industrial Evaporators Market
24. USA Industrial Evaporators Market
25. Canada Industrial Evaporators Market
26. South America Industrial Evaporators Market
27. Brazil Industrial Evaporators Market
28. Middle East Industrial Evaporators Market
29. Africa Industrial Evaporators Market
30. Industrial Evaporators Market Competitive Landscape and Company Profiles
31. Industrial Evaporators Market Other Major and Innovative Companies
35. Industrial Evaporators Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Industrial Evaporators Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on industrial evaporators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial evaporators? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial evaporators market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Natural or Forced Circulation Evaporator; Falling Film Evaporator; Rising Film Evaporator; Multiple Effect Evaporator; Agitated Thin Film Evaporator; LPG Storage Tank; MVC Evaporator; Electron Beam Evaporator; Other Types2) By End-User: Pharmaceutical; Chemical and Petrochemical; Electronics and Semiconductor; Pulp and Paper; Food and beverage; Automotive; Other End-Users
Subsegments:
1) By Natural or Forced Circulation Evaporator: Natural Circulation Evaporator; Forced Circulation Evaporator2) By Falling Film Evaporator: Vertical Falling Film Evaporator; Horizontal Falling Film Evaporator
3) By Rising Film Evaporator: Vertical Rising Film Evaporator; Horizontal Rising Film Evaporator
4) By Multiple Effect Evaporator: Two-Effect Evaporator; Three-Effect Evaporator; Four-Effect Evaporator
5) By Agitated Thin Film Evaporator: Batch Agitated Thin Film Evaporator; Continuous Agitated Thin Film Evaporator
6) By LPG Storage Tank: Vertical LPG Storage Tank; Horizontal LPG Storage Tank
7) By MVC (Mechanical Vapor Compression) Evaporator: Single-Stage MVC Evaporator; Multi-Stage MVC Evaporator
8) By Electron Beam Evaporator: Thermal Electron Beam Evaporator; Plasma Electron Beam Evaporator
9) By Other Types: Spray Evaporator; Freeze Evaporator
Key Companies Mentioned: Atlas Copco AB; Tetra Pak AB; ADF Systems Inc.; GEA Group AG; Alfa Laval AB
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 43.31 Billion |
Forecasted Market Value ( USD | $ 55.06 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |