Global Distillation and Fermentation Systems Market, By Component (Column Shells, Plates & Packings, Reboilers & Heaters, Condenser), Technology (Fractional, Steam, Vacuum, Multiple-Effect (MED)), Type (Column Still, Pot Still), Industry (Petroleum & Bio-Refinery, Water Treatment, Food, Beverage, Pharmaceuticals, Cosmetics, Chemicals), Operation (Continuous, Batch), Process (Multicomponent, Binary), Product (Bioreactors, Distillation Equipment, Fermentation Solutions, Fermenters, Process Vessels), Solutions (Processing of Insulin Crystals, Processing of mAbs, Processing of Pharmaceutical Protein) – Industry Trends and Forecast to 2029.
Distillation and Fermentation Systems Market Analysis and Size
Water scarcity will increase demand for distilled units, as will a growing manufacturing sector globally, rapid urbanisation, and industrialization. These are some of the factors that will likely boost the growth of the distillation and fermentation systems market.
Data Bridge Market Research analyses that the distillation and fermentation systems market which was valued at USD 5.94 billion in 2021 is expected to reach the value of USD 10.83 billion by 2029, at a CAGR of 7.80% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Distillation and Fermentation Systems Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Component (Column Shells, Plates & Packings, Reboilers & Heaters, Condenser), Technology (Fractional, Steam, Vacuum, Multiple-Effect (MED)), Type (Column Still, Pot Still), Industry (Petroleum & Bio-Refinery, Water Treatment, Food, Beverage, Pharmaceuticals, Cosmetics, Chemicals), Operation (Continuous, Batch), Process (Multicomponent, Binary), Product (Bioreactors, Distillation Equipment, Fermentation Solutions, Fermenters, Process Vessels), Solutions (Processing of Insulin Crystals, Processing of mAbs, Processing of Pharmaceutical Protein), |
Countries Covered |
U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Market Players Covered |
GEA Group Aktiengesellschaft (Germany), ALFA LAVAL (Sweden), Sulzer Ltd (Switzerland), Core Laboratories (Netherlands), Pilodist (Germany), Anton Paar GmbH (Austria), Praj Industries (India), LARSEN & TOUBRO LIMITED (India), BÜFA Composite Systems GmbH & Co. KG (Germany) |
Opportunities |
|
Market Definition
Distillation separates components from a solution by using a condensation and boiling process. It entails both complete and partial separation. It makes use of differences in relative volatility. Distillation systems are broadly classified as industrial distillation, azeotropic distillation, laboratory scale distillation, and food processing distillation. Fermentation acids or chemicals play an important role as initiators of various types of fermentation reactions. When used as an accelerator or catalyst in a reaction, it helps to accelerate the chemical process of fermentation, saving time.
Drivers:
- the growing need for water treatment systems due to rising water scarcity
The growing demand for distilled water, crude oil, and distilled spirits is propelling the market for distillation and fermentation systems. The distillation systems market's two dominant application segments, petrochemical refineries and alcoholic beverages, have seen increased growth over the last decade. Water scarcity is a major factor driving global demand for distillation units in water treatment applications. The growth of the manufacturing sector in developing countries is also fuelling the market for distillation systems.
- Technological advancements and developments of improved systems
Fermentation chemicals are also required in the pharmaceutical, cosmetic, food, and beverage industries. As a result, the fermentation chemicals business is being driven by the expansion of these sectors in various geographical locations around the world. Manufacturing environmentally friendly fermentation chemicals for use in the novel process of biomass conversion would create more jobs. As a result, several government initiatives, particularly in agricultural economies, have been launched in order to establish fermentation chemical manufacturing plants. Such developments are expected to drive the global fermentation chemicals market forward in the coming months.
Opportunities
Rising R&D activities, combined with technological advancement, will further boost various opportunities, resulting in the growth of the distillation and fermentation systems market during the forecast period.
Restraints
The availability of alternative technology, as well as the need for initial investment, will limit the growth of the distillation and fermentation systems market during the forecast period.
This distillation and fermentation systems market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Distillation and Fermentation Systems market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Distillation and Fermentation Systems Market
Extensive restrictions imposed by governments worldwide to combat the global coronavirus outbreak have created logistical challenges for the distilled water processing industry. Manufacturers have taken a number of initiatives to support market growth even during the COVID-19 pandemic. The initial months of the lockdown saw an increase in demand for distilled water due to consumers stockpiling in anticipation of lockdowns and scarcity. The trend, however, quickly deteriorated, along with decreased sales caused by global industrial industry setbacks.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Distillation and Fermentation Systems Market Scope
The distillation and fermentation systems market is segmented on the basis of component, technology, type, industry, operation, process, product, and solutions. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Column Shells
- Plates & Packings
- Reboilers & Heaters
- Condenser
Technology
- Fractional
- Steam
- Vacuum
- Multiple-Effect (MED)
Type
- Column still
- Pot still
Industry
- Petroleum & Bio-Refinery
- Water Treatment
- Food
- Beverage
- Pharmaceuticals
- Cosmetics
- Chemicals
Operation
- Continuous
- Batch
Product
- Bioreactors
- Distillation Equipment
- Fermentation Solutions
- Fermenters
- Process Vessels
Process
- Multicomponent
- Binary
Solutions
- Processing of Insulin Crystals
- Processing of mAbs
- Processing of Pharmaceutical Protein
Distillation and Fermentation Systems Market Regional Analysis/Insights
The distillation and fermentation systems market is analysed and market size insights and trends are provided by country, component, technology, type, industry, operation, process, product, and solutions as referenced above.
The countries covered in the distillation and fermentation systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the distillation and fermentation systems market due to the presence of market players as well as the region's adoption of advanced technology and systems.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Distillation and Fermentation Systems Market Share Analysis
The distillation and fermentation systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Distillation and Fermentation Systems market.
Some of the major players operating in the distillation and fermentation systems market are:
- GEA Group Aktiengesellschaft (Germany)
- ALFA LAVAL (Sweden)
- Sulzer Ltd (Switzerland)
- Core Laboratories (Netherlands)
- Pilodist (Germany)
- Anton Paar GmbH (Austria)
- Praj Industries (India)
- LARSEN & TOUBRO LIMITED (India)
- BÜFA Composite Systems GmbH & Co. KG (Germany)
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