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Mechanical Vapor Recompression (MVR) Compressors Market Size, Share, Growth, And Industry Growth, By Type (Centrifugal MVR Compressors and Roots MVR Compressors), By Application (Chemical, Food and Beverage, Environmental, And Others), Regional Insights and Forecast From 2025 To 2033
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MECHANICAL VAPOR RECOMPRESSION (MVR) COMPRESSORS MARKET OVERVIEW
The global mechanical vapor recompression compressors market size was USD 0.34 billion in 2024 and to touch USD 0.59 billion by 2033, at a CAGR of 5.4% during the forecast period from 2025 To 2033.
Mechanical vapor recompression (MVR) compressors are a process of energy recovery that can be used for recycling waste heat to enhance efficiency. It decreases the vapor consumption by replacing it with an electrical energy source, which results in the very least operating cost compared to a multiple operation effect. The evaporator-produced vapors are sent to a mechanical vapor compression (MVC) installation for compression and heat up. Then, it is sent back to the tube's outer side to be used as heating steam.
Mechanical vapor recompression (MVR) compressors are an evaporator that works on electricity or mechanical energy. It circulates the secondary steam energy generated from the evaporator, increases its temperature, pressure, and enthalpy through the compressor, and sends it to the evaporator's heating room. It is later used as heat steam, and the feed liquid can maintain the boiling condition. Thus, the primary steam that will be disposed of can be sufficiently used and is anticipated to increase heat efficiency, decrease pollution, and decrease energy consumption.
COVID-19 IMPACT
Supply Chain Interruptions Harmed the Market Growth
The pandemic impacted every market and machinery and equipment sector was also not an exception. The spread of COVID-19 resulted in stringent rules and guidelines to avoid the virus spread. These guidelines included shutting down of the manufacturing industries, which affected the growth rate of the market. Disruption in manufacturing and supply chain was noticed. The workforce witnessed a downfall due to their health concern. Even though the pandemic supplemented a majority of workforce to work from their homes, the limited budget deemed the work rate. The demand for machinery and equipment witnessed a downfall due to low manufacturing and supply.
LATEST TRENDS
Positive Displacement of Vapor Compressor to Boost Product Demand
The positive displacement of air compressors to foresee significant expansion in mechanical vapor recompression (MVR) compressor's market share. The adoption of advanced appliances such as refrigerators, air conditioners, and others is also forecasted to boost growth in the market. Additionally, the huge industrial applications such as mining, electronic and electrical, metallurgy and mining, papermaking and printing, and electrical machinery are also forecasted to surge trend in the global market.
MECHANICAL VAPOR RECOMPRESSION (MVR) COMPRESSORS MARKET SEGMENTATION
By Type
By type, the market is segmented into centrifugal MVR compressors and roots MVR compressors.
By Application
Based on application, the market is classified into chemical, food and beverage, environmental, automotive, and others.
The automotive is anticipated to dominate other segments due to the expansion of the pharmaceutical sector, higher demand for frozen food, and increasing per capita income. The rise in automotive refrigeration is expected to help in reducing food wastage.
DRIVING FACTORS
Product Adoption in Various Industries to Boost Market Growth
The steady adoption of mechanical vapor recompression (MVR) compressors in various chemical, environmental, and food and beverages industries. These are used in the industries to reduce the pressure on the liquid of the gas mixture, which later allows the vapor to be removed efficiently.
Less Power Requirement to Bolster the Product Demand
The mechanical vapor recompression (MVR) compressors save energy by decreasing the amount of power needed for the product to run. Additionally, the increased evaporation rate for a higher vapor concentration in the air can later be used to drive a turbine or any other device. These factors are anticipated to enhance the demand for the product.
RESTRAINING FACTORS
High Cost of Product to Retard Market Growth
The mechanical vapor recompression (MVR) compressors are expensive and are not affordable to the general population, which is expected to hinder the market growth. Moreover, it requires a higher investment cost, and its efficiency is not constant. It depends upon the volume of production. Furthermore, the maintenance cost of the compressor is also high, which is anticipated to retard market growth.
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MECHANICAL VAPOR RECOMPRESSION (MVR) COMPRESSORS MARKET REGIONAL INSIGHTS
Rising Chemical Field Expenditure to Surge Maximum Growth in Europe
Europe to foresee maximum mechanical vapor recompression (MVR) compressors market growth due to the rising demand for the product. The region's growth is also expected to grow by new product launches, rising expenditure on chemical fields, renovation and retrofitting of old technology, and the growth in government budgets in major countries of the region.
Asia Pacific is anticipated to show sizeable growth due to the rising oil and gas industries in emerging countries such as India, China, and Japan. An additional growth factor is anticipated to be the broad industrial base for electronic and semiconductor in China is expected to drive growth in the market.
KEY INDUSTRY PLAYERS
Key Players to Emphasize On Portfolio Development to Gain Competitive Advantage
Key players are anticipated to invest in research and development of the product to gain more customers in the global market. The major companies also strive to impact the market by launching new products and gaining mergers and collaborations. Companies are expected to emphasize on-demand and supply chains by offering a quick supply of the product in the market. These strategies are anticipated to gain higher growth in the market and enhance the company's product portfolio.
List of Top Mechanical Vapor Recompression (MVR) Compressors Companies
- PILLER (Germany)
- Howden (U.K.)
- Chongqing Jiangzeng (China)
- Turbovap (India)
- Atlas Copco (Sweden)
- GEA Wiegand (Germany)
- Jiangsu Jintongling (China)
- ITO (Switzerland)
- Gardner Denver (U.S.)
- SANY (China)
- Fuxi Machinery (Japan)
- Hanwha Techwin (South Korea)
- LEKE (U.S.)
REPORT COVERAGE
The report covers every possible detail of the market. Global market players and their headquarters are mentioned in the report to offer details about the existing competition in the market. The market segmentation is represented in the report to offer details about various segments. The market report analyzes the mechanical vapor recompression (MVR) compressor's market share, competitive landscape, and other aspects. It has incorporated various factors that are expected to influence market growth.
Attributes | Details |
---|---|
Market Size Value In |
US$ 0.34 Billion in 2024 |
Market Size Value By |
US$ 0.59 Billion by 2033 |
Growth Rate |
CAGR of 5.4% from 2025 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
|
By Type
|
|
By Application
|
FAQs
Based on our research, the global mechanical vapor recompression (mvr) compressors market is projected to touch USD 0.59 billion by 2033.
The mechanical vapor recompression (mvr) compressors market is expected to exhibit a CAGR of 5.4% by 2033.
By type, the market is segmented into centrifugal MVR compressors and roots MVR compressors. Based on application, the market is classified into chemical, food and beverage, environmental, and others.
Product adoption in various industries to boost the market growth and less power requirement to bolster the product demand are the factors driving the market.
PILLER, Howden, Chongqing Jiangzeng, Turbovap, Atlas Copco, GEA Wiegand, Jiangsu Jintongling, ITO, Gardner Denver, Leheng, SANY, Fuxi Machinery, Hanwha Techwin, and LEKE are the top companies operating in the market.