Overview and Scope
Industrial crystallizer refers to the machinery involved in the liquid-to-solid separation process. The crystallizers are created in a way that allows them to generate high-purity products with little or no energy input.
Sizing and Forecast
The industrial crystallizers market size has grown strongly in recent years. It will grow from $3.88 billion in 2023 to $4.13 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to infrastructure development, globalization, shifts in customer preferences, labor costs, environmental concerns.
The industrial crystallizers market size is expected to see strong growth in the next few years. It will grow to $5.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to Industry 4.0 integration, evolving regulations, digitalization, growing emphasis on sustainable production, climate change mitigation. Major trends in the forecast period include customization and flexibility, green solvents, biocrystallization, precision crystallization, collaborative innovation.
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Segmentation & Regional Insights
The industrial crystallizers market covered in this report 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
Asia-Pacific was the largest region in the industrial crystallizers market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial crystallizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing manufacturing industries are expected to propel the growth of the industrial crystallizers market going forward. 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). For instance, in April 2022, according to a Goldman Sachs report, new investments and ordering activity increased sharply in FY22, and the manufacturing sector, an increased by 200% compared to 2020-21. Therefore, the growing manufacturing industries are driving the growth of the industrial crystallizers market.
Key Industry Players
Major companies operating in the industrial crystallizers market report are SUEZ Water Technologies & Solutions, Sumitomo Heavy Industries Ltd., GEA Group AG, Alfa Laval AB, Conair, Sulzer Ltd., NOVATEC, Fives Group, SPX Flow Inc., Piovan S.p.A., Bucher Industries AG, Alaqua Inc., Hosokawa Micron Corporation, Veolia Water Technologies, Pfaudler Group, Ebner GmbH & Co. Kg, Praj Industries Ltd., Anssen Metallurgy Group Co., Dedert Corporation, Moretto SPA, Technoforce, Heinkel Group, Boardman, Swenson Technology Inc., Vobis LLC, Condorchem Envitech, Tsukishima Kikai Co. Ltd., Motan Colortronic, AB FASA, Ashoka Machine Tools, Bepex International LLC, Comber Process Technology S.r.l., Crystal Engineering Srl, Changzhou Lemar Drying Engineering Co. Ltd., North Star Engineered Products, Meissner Filtration Products, TEMA Process B.V., Mech-Chem Associates Inc., Fluid Air Inc., Powder Systems Limited (PSL), Chem Process Systems, Vogt Ice LLC, LARSSON Sweden AB, John Zink Hamworthy Combustion, Nutsche Filter – Agitated Nutsche Filter Dryer, HRS Process Systems Limited, Moffitt Corporation, Advanced Drying Systems
The industrial crystallizers market report table of contents includes:
1. Executive Summary
2. Industrial Crystallizers Market Characteristics
3. Industrial Crystallizers Market Trends And Strategies
4. Industrial Crystallizers Market – Macro Economic Scenario
5. Global Industrial Crystallizers Market Size and Growth
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32. Global Industrial Crystallizers Market Competitive Benchmarking
33. Global Industrial Crystallizers Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Crystallizers Market
35. Industrial Crystallizers Market Future Outlook and Potential Analysis
36. Appendix
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