Press release
Mechanical Vapor Recompression (MVR) Market Size, Share, Development by 2023
Mechanical vapor recompression (MVR) Evaporators is an energy recovery process where energy is added to low-pressure vapor (usually water vapor) by compressing it. The result is a smaller volume of vapor at a higher temperature and pressure, which can be used to do useful work.
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Global Mechanical Vapor Recompression (MVR) Market: Forecast by Type / Application / Region
In the coming years there is an increasing demand for Mechanical Vapor Recompression (MVR) Evaporators in the regions of United States and Europe that is expected to drive the market for more advanced Mechanical Vapor Recompression (MVR) Evaporators. Growth in government budgets in the principal countries, increasing of chemical fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Mechanical Vapor Recompression (MVR) Evaporators will drive growth in global markets.
Globally, the Mechanical Vapor Recompression (MVR) Evaporators industry market is low concentrated as the manufacturing technology of Mechanical Vapor Recompression (MVR) Evaporators is relatively immatures than some high-tech equipment. And some enterprises, like Howden, Piller, Suez, etc. are well-known for the wonderful performance of their Mechanical Vapor Recompression (MVR) Evaporators and related services. At the same time, Europe, occupied 32% production value market share in 2017, is remarkable in the global Mechanical Vapor Recompression (MVR) Evaporators industry because of their market share and technology status of Mechanical Vapor Recompression (MVR) Evaporators.
According to this study, over the next five years the Mechanical Vapor Recompression (MVR) market will register a 5.9% CAGR in terms of revenue, the global market size will reach US$ 1120 million by 2024, from US$ 840 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Mechanical Vapor Recompression (MVR) business, shared in Chapter 3.
Global Mechanical Vapor Recompression (MVR) Market: Key Players
Howden
Piller
Suez
GEA
Chongqing Jiangjin
Leheng
ANDRITZ
IDE
Leke
Gardner Denver
Sunevap
ALFA LAVAL
Jintongling
Sumitomo Heavy Industries
Yixing Fuxi
Dedert
SPX Flow
Shaanxi Blower
Turbovap
Sasakura
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Related Information:
United States Mechanical Vapor Recompression (MVR) Market Research Report 2018
Europe Mechanical Vapor Recompression (MVR) Market Research Report 2018
North America Mechanical Vapor Recompression (MVR) Market Research Report 2018
Asia-Pacific Mechanical Vapor Recompression (MVR) Market Research Report 2018
China Mechanical Vapor Recompression (MVR) Market Research Report 2018
EMEA Mechanical Vapor Recompression (MVR) Market Research Report 2018
Global Mechanical Vapor Recompression (MVR) Market Research Report 2018
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