Plate Falling Film Evaporator Market Size, Share, Growth, And Industry Analysis By Type (Single-Effect, Multiple-Effect) By Application (Pulp and Paper, Wastewater Treatment, Food, Lyocell Fiber Industry, Others), Regional Insights, and Forecast To 2033

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PLATE FALLING FILM EVAPORATOR MARKET OVERVIEW

Global Plate Falling Film Evaporator Market size was USD 0.18 Billion in 2024 and market is projected to touch USD 0.27 Billion by 2033, exhibiting a CAGR of 4.2% during the forecast period.

The Plate Type Falling Film Evaporator (PTFFE) is a highly effective device for optimising the heat transfer surfaces' accessibility during the evaporation of sugar solutions.

The rising use of Zero Liquid Discharge (ZLD) technology was the original cause of the rise in demand for industrial evaporators. The cost-effective multiple effect distillation method is also utilised with these goods to desalinate seawater or brackish water. Industrial evaporators are machines that use heat transfer to change liquid into gaseous condition. They are made with a variety of parts, including pumps, manifolds, controllers, condensers, and heat exchangers. Industrial evaporators are frequently employed in processes such as food processing, medication production, chemical purification, wastewater treatment, and HVAC (heating, ventilation, and air conditioning) systems. They are straightforward, user-friendly machines that consume less energy, cut down on running expenses, abide by rules, and increase product stability. Industrial evaporators are perfect for processing food goods since they are very simple to clean and adhere to strict hygiene standards. The food and beverage (F&B), pharmaceutical, chemical, oil and gas, automotive, and semiconductor sectors all use them extensively as a result.

COVID-19 IMPACT

COVID-19 pandemic had a negative effect on market growth

The COVID-19 pandemic is predicted to have a negative impact on the worldwide Plate Falling Film Evaporator market, which is expected to be worth USD 173.6 million in 2022 and rise to USD 222.2 million by 2028 with a CAGR of 4.2 percent during the forecast period of 2024–2033 Single-Effect accounting for the worldwide plate falling film evaporator market in 2024 is predicted to reach USD million by 2033, rising at a revised CAGR from 2024 to 2033, fully taking into consideration the economic shift brought on by this health problem. While the CAGR is changed for the Pulp and Paper segment over this projected period.

LATEST TRENDS

Increase in product usage in the food and beverage sector fueling market expansion

One of the key reasons fueling the market expansion is the increase in product usage in the food and beverage (F&B) sector. For a variety of food items, including juices, jams, sauces, noodles, dairy products, tomato purees, and coffee extract, industrial evaporators are frequently used to remove moisture, boost total solid content, and decrease bulk density. In addition, the increased demand for nutrient-dense foods and rising health consciousness are driving an increase in the use of industrial evaporators for milk proteins, whey, and herbal extracts.

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PLATE FALLING FILM EVAPORATOR MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented into single-effect, multiple-effect. Single-Effect is anticipated to be the leading segment.

By Application Analysis

Based on application, the market can be divided into Pulp and Paper, Wastewater Treatment, Food, Lyocell Fiber Industry, Others. Pulp and Paper will be the dominating segment.

DRIVING FACTORS

Expansion of the usage in industrial sector fuel the market growth

In order to remove moisture, industrial evaporators are frequently employed in the food and beverage business. Evaporation increases the amount of total solids in food, lowers bulk density, and eventually makes transportation easier. The expansion of the food and beverage business has been driven by a number of variables, including population increase, growing disposable incomes, shifting fashion trends, product advances, governmental restrictions, volatility in raw material prices, and many more.

Increasing product demand in the marine industry to produce fresh water blooming the market growth

The chemical sector is using more products to make dyes, paints, pigments, aluminum nitrate, glycerin, and purify other organic components like fatty acids and natural oils, which is helping the market expand. Other factors, such as increasing product demand in the marine industry to produce fresh water and widespread product adoption in semiconductor manufacturing for the deposition process, are anticipated to propel market growth. These include rising product utilization in the pharmaceutical industry to remove excess moisture from drugs and improve product stability. The market for industrial evaporators has expanded as a result of rising awareness of the increased utilization of water treatment applications. The use of water and dairy products has increased due to the rapidly expanding population, which is also having an impact on the development of industrial evaporators. Additionally, some improvement in the system's fundamental architecture to lessen scaling due to fuel expansion is anticipated. The market has expanded as a result of the increasing use of mechanical vapor recompression type in oil sand industries and electron beam type for semiconductor industry deposition procedures.

RESTRAINING FACTORS

High expenditures for manufacture and upkeep may hinder the market

Industrial evaporators have a high production cost, which is mostly caused by variables such changing raw material needs, customization based on industry standards, extensive technical & manufacturing knowledge, and employee training. Scaling and corrosion-related issues raise the expense of maintenance.

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PLATE FALLING FILM EVAPORATOR MARKET REGIONAL INSIGHTS

Asia Pacific is anticipated to grow at the quickest rate during forecast period

During the projected period, the market in Asia Pacific is anticipated to grow at the quickest rate. Demand will increase throughout the projected period due to rising needs in the area, which includes China, India, and Japan. Opportunities have been established for the pharmaceutical, automotive, chemical, petrochemical, food and beverage, and electronics sectors.

KEY INDUSTRY PLAYERS

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Top Plate Falling Film Evaporator Companies

• SPX Flow (U.S.)
• GEA Group (Germany)
• Andritz (Austria)
• Sumitomo SHI FW (Finland)
• Shanghai Senon (China)
• GIG Karasek (Dr. Aichhorn Group) (Austria)
• Schrader (U.S.)
• Jiangsu Hanpu Mechanical (China)
• BMA (Germany)
• Rosenblad Design Group (U.S.)
• Qingdao Conqinphi (China)
• Athco Engineering (Denmark)
• Jiangsu Zhongyi Environmental (China)
• Spray Engineering Devices (India)
• Shandong Wenrui (China)

REPORT COVERAGE

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.