Mass Transfer Market Will Procure 450 million US$ by 2025 at a CAGR of 1.50%
The manufacturers are concentrated in China, USA, Europe and Japan. Sulzer is the largest manufacturer in the global market, which sale volume has reached 21040 m3 in 2017, taking about 11.96% of global consumption. The Mass Transfer (Distillation) industry develops fast in NA.The price of Mass Transfer (Distillation) kept increasing from 2013 to 2018 owing to high demand caused by enforcement policy in Chemical products. There are also huge oil refining projects, and the current global petroleum refining project is obvious.
The world Mass Transfer (Distillation) production will increase at a growth rate of about 2.11 %, reaching about 207973 m3 in 2025. Global consuming market will still has a certain amount of growth and the main consumption region will be in China.
The global Mass Transfer (Distillation) market was 410 million US$ in 2018 and is expected to 450 million US$ by the end of 2025, growing at a CAGR of 1.5% between 2019 and 2025.
This report studies the Mass Transfer (Distillation) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Mass Transfer (Distillation) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Sulzer
Raschig
Honeywell UOP
Koch-Glitsch
Beijing Zehua
Montz GmbH
RVT Process Equipment
Tianjin Univtech
GTC Technology
Sumitomo Heavy Industries
Matsui Machine
Baretti
HAT International
Lantec Products
Kevin Enterprises
Fenix Process Technologies
Finepac Structures
MTE Group
By the product type, the market is primarily split into
Structured Packing
Trays
Column Internals
Random Packing
By the end users/application, this report covers the following segments
Fine Chemicals
Petroleum Refining
Food and Beverage
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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