Press release
Vacuum Evaporators Market | Key players operating in the market include Veolia Water Technologies, Condorchem Envitech, Eco-Techno S.r.l., SUEZ Water Technologies & Solutions, GEA Group AG
Vacuum Evaporators Market
Browse 125 Market Data Tables and 40 Figures spread through 183 Pages and in-depth TOC on "Vacuum Evaporators Market - Global Forecast to 2024"
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The vacuum evaporator, in many cases, is an integral part of a typical ZLD system. The vacuum evaporator transforms wastewater effluents into two streams--concentrated waste and high-quality water. The evaporator works under a vacuum, which makes the boiling temperature of the liquid effluent lower, thus saving energy and improving efficiency. Formulation and stringent implementation of various regulations regarding the discharge of effluents are expected to drive the demand for vacuum evaporators. These environmental regulations compel companies around the globe to ensure zero liquid discharge into the environment. For instance, emerging economies, such as China, India, and Qatar, have implemented various mandatory regulations for the installation of ZLD systems in several end-use industries, including automotive, energy & power, chemical & petrochemical, food & beverage, pharmaceutical, and electronics & semiconductor. The high installation cost involved, however, acts as a major restraint to the growth of the vacuum evaporators market. This high cost has, for instance, made several small-sized companies opt for substitute processes, such as pond evaporation and thermal evaporation, to comply with government regulations.
Based on end-use industry, the vacuum evaporators market has been segmented into automotive, energy & power, chemical & petrochemical, food & beverage, pharmaceutical, electronics & semiconductor, and others, such as paper & pulp, textile, and tannery. Among these, the automotive segment accounted for the major share of the demand for vacuum evaporators across the globe in 2018. Based on type of technology, the market has been segmented into heat pump vacuum evaporators, thermal vacuum evaporators, and mechanical vapor recompression (MVR) vacuum evaporators. Existing users of the thermal evaporator, which is a traditional system, are reluctant to switch to relatively newer technologies, such as heat pump or MVR, due to their high initial investment. This has enabled the thermal vacuum evaporators segment to account for the major market share in 2018.
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The vacuum evaporators market is projected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a CAGR of 6.9% from 2019 to 2024. Implementation of stringent environmental regulations, water scarcity across the globe, and increasing adoption of zero liquid discharge (ZLD) systems are key factors driving the vacuum evaporators market.
Veolia Water Technologies (France), Condorchem Envitech (Spain), Eco-Techno S.r.l. (Italy), SUEZ Water Technologies & Solutions (France), GEA Group AG (Germany), H2O GmbH (Germany), De Dietrich Process Systems (France), Sanshin Mfg. Co., Ltd. (Japan), Lenntech (Netherlands), Saltworks Technologies Inc. (Canada), Bucher Unipektin (Switzerland), Alfa Laval (Sweden), SPX Flow Inc. (US), JEOL Ltd. (Japan), Samsco Corporation (US), Praj Industries Limited (India), Encon Evaporators (US), S.A.I.T.A. Srl (Italy), and KMU LOFT Cleanwater GmbH (Germany) are some of the leading players operating in the vacuum evaporators market. These players have adopted the agreement, new product launch, and partnership strategies to enhance their position in the market.
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In line with the rising demand for vacuum evaporators, in February 2019, H2O GmbH launched its new wastewater treatment system named VACUDEST XS Clearcat. The Clearcat module enables crystal clear, virtually oil-free distillate and satisfies strict requirements through its high COD reduction. The system is available in two different sizes. The XS 200 Clearcat is the smallest system in the series and is ideal for up to 200 cubic meters of liquid discharge per year, whereas the XS 300 Clearcat treats 300 cubic meters of wastewater per year.
SUEZ Water Technologies & Solutions (SUEZ) and Rosneft signed a strategic cooperation agreement in May 2018 to improve water and waste programs across Rosneft sites. SUEZ will provide technologies and solutions with pilot testing as needed. Areas of focus include wastewater pre-treatment, biological wastewater treatment, desalination for reuse, water purification by evaporation, and various treatment programs for cooling water systems. Additionally, SUEZ will expand its existing technical advisory services currently deployed at one of Rosneft's sites to other sites owned and operated by Rosneft
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