Distillation Systems Market Forecasts to 2028 – Global Analysis By Type (Pot, Column), Technique (Vacuum, MED), Application (Water Treatment, Beverage, Food) and By Geography
According to Stratistics MRC, the Global Distillation Systems Market is accounted for $6,219.65 million in 2020 and is expected to reach $11,675.16 million by 2028 growing at a CAGR of 8.2% during the forecast period. Need for water distillation alcohol purification, growing industrial activities and rapid urbanization are driving the market growth. However, stringent government regulations and adoption of alternative technologies is hampering the growth of the market.
Distillation System is a method of separating mixtures based on differences in their volatiles in a boiling liquid mixture and this is achieved through boiling and condensation of all the materials selectively and 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 may basically complete separation or it may be a partial separation that rises in the concentration of selected components in the mixture. The general purpose for distillation is to purify drinking water of unwanted chemicals and minerals such as salt.
Based on the application, the beverage segment is going to have lucrative growth during the forecast period as the batch distillation process is used significantly to manufacture alcoholic beverages with various flavors and different percentage levels of alcohol.
By geography, Asia Pacific is going to have high growth during the forecast period due to the rising potential for industrial growth highlight and the positive growth prospects in the region. Moreover, technological advancements in Asia Pacific countries due to the development of infrastructure provide a potential scope for innovation in the production of distillation systems, thereby improving their cost-effectiveness and output.
Some of the key players profiled in the Distillation Systems Market include BASF SE, The Dow Chemical Company, EPIC Modular Process Systems, GEA Group, Alfa Laval AB, Sulzer AG, Core Laboratories, Anton Paar, L&T Hydrocarbon Engineering, Bosch Packaging Technology and Praj Industries.
Estimated Market Size in 2020:
USD 6,219.65 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 11,675.16 million
Tables, Graphs & Figures
Type, Operation, Process, Component,
Technique, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Pot Still
• Column Still
• Plates (Or Trays) & Packings
• Column Shells
• Reboilers & Heaters
• Other Components
• Multiple-Effect (MED)
• Other Techniques
• Medical & Pharmaceuticals
• Cosmetics & Personal Care
• Petroleum & Biorefineries
• Water Treatment
• Chemical Manufacturing
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Distillation Systems Market is majorly driven by the increasing need for water distillation alcohol purification, growing industrial activities and rapid urbanization.
The beverage segment is growing at a highest CAGR as the batch distillation process is used significantly to manufacture alcoholic beverages with various flavors and different percentage levels of alcohol.
Europe dominated with a significant market share as Europe is projected for favorable industrial policies and presence of manufacturers in the country drive the market growth for pots, stills, columns, and turnkey projects in Europe.
Asia Pacific market is growing at a highest CAGR due to the rising potential for industrial growth highlight and the positive growth prospects in the region.
Key players in Distillation Systems Market include BASF SE, The Dow Chemical Company, EPIC Modular Process Systems, GEA Group, Alfa Laval AB, Sulzer AG, Core Laboratories, Anton Paar, L&T Hydrocarbon Engineering, Bosch Packaging Technology and Praj Industries.
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