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Industrial Crystallizers Market 2023 - Market Size, Key Insights, Leading Key Players, Trends, And Forecast To 2032
Industrial Crystallizers Market Analysis
The Business Research Company's Industrial Crystallizers Global Market Report 2023 identifies growing manufacturing industries as the major driver for the industrial crystallizers market's growth in the forecast period. Manufacturing industries are industries that convert things and also include industrial equipment maintenance and installation, as well as subcontracting operations for third parties. Widespread use of crystallizers in manufacturing industries is increasing as they provide various benefits in a wide range of industries, including industrial chemicals (terephthalic acid, sodium chloride, ammonium sulfate, melamine, adipic acid), food chemicals (dextrose, lactose, benzoic acid, terephthalic acid, vitamins), pharmaceuticals, and cosmetics (Atorvastatin, anti-biotics, Paracetamol, Estradiol).
The global industrial crystallizers market size is expected to grow from $3.67 billion in 2022 to $3.92 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial crystallizers market size is expected to reach $4.9 billion in 2027 at a CAGR of 5.7%.
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Major competitors in the industrial crystallizers market are Veolia Water Technologies, Sumitomo Heavy Industries, Ltd., Sulzer Ltd., SUEZ Water Technologies & Solutions, GEA Group AG.
A key trend in the industrial crystallizers market includes technological advancement. Major market players are developing advanced technologies to sustain their position in the industrial crystallizers market. For instance, in April 2022, Technobis Crystallization Systems, a Netherlands-based company engaged in crystallization technology, launched the Crystal16 V3. It is a multi-reactor crystallizer for medium throughput solubility. This version incorporates transmissivity technology and better analytical capabilities in a simplified unibody design, reducing the time and money spent on crystallization experiments and analysis. The unique features of Crystal16 V3 include incorporating improved in-line analytical functions and new software capabilities, Scientists readily establish clear and cloud sites using integrated transmissivity technology, resulting in solubility data and metastable zone width at an early stage. Solubility curves for four solvents may be constructed in four hours using less than 100 mg of material a 20-fold reduction in material required in prior Crystal16 models.
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The industrial crystallizers market is segmented -
1) By Type: Cooling Crystallizers, Evaporative Crystallizers, DTB Crystallizer, Other Types
2) By Process: Continuous, Batch
3) By End-Use Industry: Pharmaceutical, Agrochemical, Metal And Mineral, Food And Beverage, Chemical, Wastewater Treatment, Other End Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the industrial crystallizers market.
The Business Research Company's "Global Industrial Crystallizers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Industrial Crystallizers Market Include:
1. Executive Summary
2. Industrial Crystallizers Market Characteristics
3. Industrial Crystallizers Market Trends And Strategies
4. Industrial Crystallizers Market - Macro Economic Scenario
5. Industrial Crystallizers Market Size And Growth
……
26. Africa Industrial Crystallizers Market
27. Industrial Crystallizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Crystallizers Market
29. Industrial Crystallizers Market Future Outlook and Potential Analysis
30. Appendix
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