Distillation Systems Market Expected to Reach USD 8.65 Billion by 2026 | GEA, Alfa Laval, SPX FLOW, etc.

Rising industrialization and urbanization, growing petrochemical industry are the major factors contributing to the growth of the market over the forecast period

NEW YORK CITY, NY, USA, April 7, 2022 /EINPresswire.com/ — According to current reports and data analysis, the global distillation systems market was valued at USD 6.15 billion in 2018 and is expected to reach USD 8.65 billion by 2026, at a CAGR of 4.99%. Rising demand for regulatory stringency for pure form products and growing awareness of water and wastewater treatment are the major factors fueling the growth of the industry. However, adoption of alternative technologies due to higher energy consumption in the process is hampering the growth of the industry. In addition, the growth of the manufacturing sector in developing countries offers many opportunities.

The distillation system is a method of separating mixtures based on the differences of their volatiles in a boiling liquid mixture, and this is achieved by boiling and condensing all materials selectively. It is a physical process and not a chemical reaction using the different boiling temperatures of the constituents to separate them from the others. It can be essentially a complete separation, or it can be a partial separation that increases the concentration of the selected components in the mixture. The overall goal of these methods is to purify drinking water of unwanted chemicals and minerals such as salt.

By industry, the use of solvents in active pharmaceutical ingredients (API) and coating plants is widespread in industry. Organic solvents are mainly used in product washing, equipment cleaning and reaction media for separation and purification. Distilling the mother liquor of the product mainly reduces the cost of the product or allows more research to be done to reduce the amount of solution or manufacture. solvent-free process. By geography, the demand for these systems in North America has increased due to the presence of a robust industrial sector in the region. The strong presence of the oil and gas industry in the Near East and Africa should continue to strengthen the prospects for local market expansion.

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Key companies profiled in the global market report include – GEA (Germany), Alfa Laval (Sweden), SPX FLOW (US), Sulzer (Switzerland), Core Laboratories (Netherlands), PILODIST (Germany), Anton Paar (Austria), Praj Industries (India), L&T Hydrocarbon Engineering (India), EPIC Modular Process Systems (USA), BÜFA Composite System (Germany) and Bosch Packaging Technology (Germany)

Other key findings from the report suggest

Based on application, the distillation systems market is classified into water treatment, food, petroleum & biorefineries, beverages, pharmaceuticals, cosmetics, and chemicals. Among the various applications, the beverage segment is expected to witness the fastest growth owing to the high growth in the alcoholic beverage industry.
The distillation system industry, based on the technique, is segmented into steam, vacuum, fractional, multiple effect (MED) and others. The vacuum industry is expected to grow at the highest CAGR among all these techniques. This technique is commonly used in the separation of components, where the risks of decomposition are high due to changes in temperature and pressure.
The Asia-Pacific market has seen healthy growth in the market. The Asian subcontinent is an evolving industry, which is growing at a rapid pace. Desalination requirements, high consumption of alcoholic beverages and increasing capacity for industrial growth are expected to have positive growth prospects in the region. Countries like India, South Korea, China, Australia, and Japan are some of the major business hubs in the region. Distillation system manufacturers are mainly focusing on expanding their presence in the Asia-Pacific market through the development and expansion of new products to strengthen their position. Growing R&D activities by governments as well as private organizations in the region are expected to drive the growth of the industry.

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As global oil demand remains stable, an increasing number of oil fields are maturing as they are graded by higher volumes of free and emulsified water in oil mixtures. Therefore, the efficient capture of unwanted water from crude oil is vital for onshore and offshore processing facilities. To support the upstream sector and address these challenges, Sulzer Chemtech (Switzerland), a key player in separation and mixing, has developed a solution that improves separation performance. Sulzer’s VIEC is an electrostatic coalescence equipped with fully insulated electrodes. It can be installed in new separators or retrofitted in existing tanks and forms a cross wall that forces emulsions through a high voltage electric field. As a result, as the gas leaves the separator at the top, the water droplets coalesce and fall to the bottom of the separator. At the same time, the oil flows through the vessel for further processing.

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Segments covered in the report:
For the purposes of this report, the reports and data have segmented the global polybutadiene market on the basis of type, material, end users, application and region:
Component (Revenue, USD Million; 2016-2026)
Column shells
Plates & garnishes
Reboilers and heaters
Condenser
Others (reflux drums, pumps and vacuum systems)

Technology (Revenue, USD Million; 2016-2026)
Fractional
Steam
Empty
Multiple Effect (MED)
Others (simple, membrane, azeotropic and molecular)

Type (Revenue, USD Million; 2016-2026)
column again
Still

Industry (Revenue, USD Million; 2016-2026)
Oil & Biorefinery
Water treatment
Food
Beverage
Alcoholic
Non-alcoholic
Medications
Beauty products
Chemical products

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Regional outlook

North America (United States, Canada, Mexico)

Europe (Italy, UK, Germany, France, Rest of EU)

Asia-Pacific (India, China, Japan, South Korea, Australia, rest of APAC)

Latin America (Chile, Brazil, Argentina, Peru, rest of Latin America)

Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

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