The Vacuum Evaporators research report published by Stratview Research, is an in-depth analysis of the latest developments, market size, future technologies, market drivers, upcoming challenges, with key company profiles. The research study provides market overview, opportunities in the market, sales and revenue by region and much more business intel.
This research analyses niche markets, potential threats, and competitive strategy in various segments based on the Vacuum Evaporators Market competitive landscape and development model in various parts of the world. This research throws light on the business strategies of the key players that might help in the growth of other companies during the pandemic era.
Impact of COVID-19 on Vacuum Evaporators Market
As the world grapples with one of its greatest health pandemic, the economic and social disruption has affected millions of enterprises. The revenues have gone down in the year 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition. Stratview Research throws light on in-depth insights related to rapid alterations in the key players in each industry, growth and decline due to COVID-19, etc. The researchers at Stratview Research are regularly connecting with the clients and other key players of almost all the industries, regarding the impact of COVID-19 on their businesses.
- Veolia Water Technologies
- SPX Flow Inc.
- JEOL Ltd.
- Condorchem Envitech
- Eco-Techno S.R.L.
- Suez Water Technologies & Solutions
- GEA Group AG
- De Dietrich Process Systems
- Sanshin Mfg. Co. Ltd.
Growth drivers and Market Value:
This report, from Stratview Research Vacuum Evaporators Market value and growth drivers over the trend period of 2021-26. According to the report -
Vacuum evaporators market is likely to witness a healthy CAGR of 6.6% during the forecast period. The prime factor contributing to the demand for vacuum evaporators is increasing uses of zero liquid discharge systems in industries such as chemical & petrochemical, textile, pharmaceutical, food & beverage, automotive, and paper & pulp. Rising concern over wastewater disposal, stringent environmental regulations, and water scarcity across the glove are also driving the vacuum evaporators market.
By Technology Type
Based on the technology type, the vacuum evaporators market is segmented as heat pump vacuum evaporators, mechanical vapor recompression vacuum evaporators, and thermal vacuum evaporators. Mechanical vapor recompression vacuum evaporators accounted for the largest share in 2020, and are expected to grow at the highest CAGR during the forecast period. The mechanical vapor recompression technology is newer compared to thermal vapor recompression and is rapidly replacing the latter; although mechanical vapor recompression vacuum evaporators are costlier and consume more energy compared to other vacuum evaporators.
In terms of regions, North America is estimated to remain the largest market for vacuum evaporators during the forecast period due to increasing environmental concern among the people and stringent government regulations related to wastewater disposal from the industries. However, Asia-Pacific is expected to register the highest growth (CAGR) with the rapid industrialization, growing manufacturing industry, infrastructural growth along with increasing awareness related to environment in countries such as China and India.
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Key Considerations for Market Forecast:
- Impact of lockdown, supply chain disruptions.
- Pre and post-COVID-19 market estimates
- Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Impact of COVID-19 on the Global Market
The Vacuum Evaporators report compiled by Stratview Research offers in-depth study of market opportunities and market impact that are stirred due to the COVID-19 pandemic. The detailed research report focuses upon the direct and indirect impact of COVID-19 with new product launches, M&As, supply chain overview, government regulations, strategies adopted by related market, etc.
Sneak peek into the Report:
The report provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market forecast analysis
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends & Key success factors
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