Sale
Massive Discounts! Up to 30% OFF onย reports๐ŸŽ‰

Vacuum Evaporator Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: April 2024 || SKU: ICT4806
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Download Free Sample

Vacuum Evaporator Market is Segmented By Technology (Heat Pump, Multiple Effect Vacuum Evaporators (Med), Mechanical Vapor Recompression, Multi-Stage Flash Distillation (MSF)), By Application (Wastewater Treatment, Product Processing, Others), By End-User (Chemical & Petrochemical, Automotive, Food & Beverage, Energy & Power, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis,  2024-2031

The global vacuum evaporator market has reached US$ XX million in 2023 and is expected to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period 2024-2031.

 

Vacuum Evaporator Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Technology, By Application, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

To Get a Free Sample Click here

 

Vacuum evaporators are a cost-effective and efficient alternative for treating wastewater that cannot be treated using more traditional methods such as biological and physicochemical treatments. Furthermore, it is quite adaptable and hence has a wide range of applications to be used.

Vacuum evaporation is a process that separates liquid effluent into two flows, one of high-quality water and the other of concentrated garbage. The obtained water can be reused, whereas the trash can be concentrated to virtually absolute dryness. Waste management expenses are significantly reduced when the debris is concentrated in this amount.

Moreover, evaporation involves concentrating a solution by boiling away the solvent. It is done at a lower pressure than atmospheric pressure. As a result, the boiling temperature is substantially lower than at atmospheric pressure, resulting in significant energy savings.

Source: DataM Intelligence Analysis (2023)

Vacuum Evaporator Market Dynamics and Trends

With all of vacuum evaporation's inherent environmental benefits, adopting zero-waste policies is expected to drive the global vacuum evaporator market. However, high risks associated with the complexity and high installation cost are likely to restrain the market.

The adoption of zero-waste policies, with all of vacuum evaporation's inherent environmental benefits

Vacuum evaporation is an innovative, effective and competitive technology that produces excellent results when treating effluents that are difficult to treat using existing methods. It enables the treatment of effluents that cannot be treated using physicochemical or biological procedures in a clean, efficient, safe, and compact manner.

Vacuum evaporation dramatically reduces the volume of liquid waste, resulting in waste management savings, the concentration of corrosive or scale-producing waste, the reuse of the recovered water, and the development of a zero-liquid discharge system, among many other benefits. Therefore, the initial investment is returned rather rapidly because of the decreased trash generated and the high-quality water flow generation.

Furthermore, vacuum evaporators are compact, instrumented, and practical. As a result, operational monitoring is straightforward and effluent volumes of up to 20 m3/h can be treated in a single evaporator. In addition, it should be noted that because the effluent does not need to be heated to high degrees and water boils at 35-40°C when working under a vacuum, the evaporator's energy requirements do not require a high-quality power supply.

After evaporation, very high of distilled water, at least 95%, and a very low rejection quantity, i.e., no more than 5%, are attained. Because of the high concentration of residues achieved by the process and depending on the composition of the effluent, industrial vacuum evaporators can be used to recover raw materials diluted in water that can be sold or reused.

High risks associated with the complexity and high installation cost

Complexity abounds in wastewater treatment plants, often known as "risk of unsatisfactory operation" or "insufficiency," refers to the possibility that a treatment plant will not perform as expected and that treated wastewater at discharge will not satisfy the regulatory limits. Another important risk is that the installation costs are far higher than the operator anticipated, either in the initial plant, operational expenses, or both. Furthermore, alterations and repairs are required if the treated water fails to meet the stated restrictions, resulting in a cost overrun. Sometimes major adjustments are required, which can be costly and time-consuming.

Therefore, even though industries are subject to stringent rules on water and wastewater treatment, companies are inhibited from installing modern treatment technologies on their premises due to the high cost of such units.

COVID-19 Impact on Vacuum Evaporator Market Growth

Several countries' economic growth has slowed due to the COVID-19 pandemic, owing to the stoppage of manufacturing facilities, decreased demand, and supply chain disruption. In 2020, demand for wastewater treatment fell in several end-use sectors due to cost-cutting and factory halts. Moreover, chemicals used in wastewater treatment faced shortages and restrictions on imports during the pandemic. Therefore, prices are projected to grow soon, raising the cost of water treatment technology and chemicals.

Vacuum Evaporator Market Segment and Shares Analysis

Based on technology, the global vacuum evaporator market is segmented into heat pumps, mechanical vapor recompression, multiple-effect vacuum evaporators (MED), and multi-stage flash distillation (MSF).

A heat pump is an excellent technology for treating low-to-moderate flows of corrosive, scale-producing, or viscous liquids. The technology is based on the refrigeration cycle of a closed-loop gas. It normally requires 130-170 kWh per cubic operation meter to distill energy. A compressor compresses the refrigerated gas, increasing its temperature and pressure. It then passes through the evaporator's heat exchanger, heating the feed. The system functions in a vacuum and the boiling temperature are roughly 40 degrees Celsius.

An expansion valve is used to decompress and cool the refrigeration liquid after it exits the evaporator's exchanger. Passing the vapor created in the evaporator through a second heat exchanger (the condenser) causes it to condense and its temperature to rise right before passing through the compressor again, thereby repeating the cycle. The system does not require additional heating or cooling because the feed may be evaporated and the vapor generated can be condensed using the same refrigeration fluid. As a result, this suggests that the procedure is advantageous in economics and management.

Source: DataM Intelligence Analysis (2023)

Vacuum Evaporator Market Geographical Analysis

The global vacuum evaporator market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.

North America has several benefits over other places, such as more cost-effective wastewater treatment processes, a growing population, and a growing awareness of the importance of clean water. The electricity, pharmaceuticals, municipal, pulp & paper, food & beverage, oil & gas, and refineries sectors are the principal end consumers of industrial wastewater treatment in North America. Moreover, the expansion of the vacuum evaporators market in the region is attributed to rising environmental concerns among the populace and the strict enforcement of different government rules governing the disposal of wastewater generated by the region's businesses.

The U.S. dominates the wastewater treatment market in North America in terms of value and volume. The mining, food & beverage, pharmaceuticals, and power & energy industries employ wastewater treatment. In addition, energy & power are two of the most important end-users in the U.S. and Canada. Further, Mexico is a developing country with large oil production and a water treatment industry. As a result, the region's industrial wastewater treatment market has the potential to grow.

Source: DataM Intelligence Analysis (2023)

Vacuum Evaporator Companies and Competitive Landscape

The global vacuum evaporator market is competitive and moderately consolidated with multinational businesses. Major players in the market include Veolia Water Technologies, Alfa Laval, Condorchem Envitech, SUEZ Water Technologies & Solutions, GEA Group AG, Eco-Techno S.r.l., De Dietrich Process Systems, Sanshin Mfg. Co., Ltd., Saltworks Technologies Inc., and Bucher Unipektin, among others. The major players in the market are known to incorporate numerous market strategies to achieve growth in the global vacuum evaporator market; these include mergers, acquisitions, product launches, contributions, and collaborations.

Veolia Water Technologies

Overview: Veolia Water Technologies is a Europe-based global company specializing in water treatment. The company is headquartered in Paris, France. Further, the company creates and delivers drinking water or wastewater treatment plants and smaller standardized water treatment equipment for industrial or municipal clients. Veolia Water Technologies is a subsidiary of Veolia company.

Product Portfolio: Veolia Water Technologies offers Evaled vacuum evaporators, with a maximum capacity of 250 tons of distillate per 24 hours, suitable for industrial waste and process water treatment. The evaporators are completely computer-based, enabling continuous operation without the need for an operator, allowing for good separation levels and high concentration ratios. In addition, they provide recycling and a reduction in disposal volumes.

Key Development:

  • In December 2021, the European Commission approved Veolia Water Technologies' acquisition of Suez. It is a critical step for Veolia to establish itself as a global champion of environmental transformation. The European Commission's approval is critical in the execution of Veolia's industrial project.

Why Purchase the Report?

  • To visualize the global vacuum evaporator market segmentation by technology, application, end-user, and region and understand key commercial assets and players.
  • Identify commercial opportunities in the global vacuum evaporator market by analyzing trends and co-development.
  • Excel data sheet with numerous data points of vacuum evaporator market-level with three segments.
  • PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
  • Product mapping available as excel consisting of critical products of all the major market players

The global vacuum evaporator market report would provide approximately 61 tables, 55 figures, and almost 181 pages.

Target Audience 2024

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Manufacturers Companies
  • Wastewater Treatment Companies
  • Food Processing Business
  • Research Professionals
Buy this report
Single User
$4350$3480
Multiple User
$4850$3880
Enterprise User
$7850$6280
Proceed to Buy
ย  Get Free Sample
ย  Request new version
ย  Customize Sample
ย  Demo Full Report
FAQโ€™s

  • Vacuum evaporators separate wastewater into clean water and concentrated waste using a low-pressure boiling process, making it energy-efficient.

  • The highlights two benefits: efficient treatment of complex wastewater and significant waste volume reduction through high concentration.

  • Zero-waste policies prioritize waste reduction, aligning perfectly with the capabilities of vacuum evaporators, potentially driving market growth.

  • Vacuum evaporation is an innovative alternative for treating wastewater that can't be handled by biological or physicochemical methods.