DUBLIN--(BUSINESS WIRE)--Sep 15, 2022--
The "Global Industrial Crystallizers Market by Type (DTB, Forced Circulation, Fluidized Bed), Process (Continuous, Batch), End-use Industry (Food & Beverage, Pharmaceutical, Chemical, Agrochemical, Wastewater Treatment) & Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global industrial crystallizers market is projected to grow from USD 3.8 billion in 2022 to USD 4.8 billion by 2027, at a CAGR of 5.1% from 2022 to 2027.
The global market for industrial crystallizers is driven by major factors such as increasing pharmaceutical spending and increasing demand of ZLD systems across various regions.
By type, the forced circulation crystallizers segment is estimated to be the fastest-growing segment of industrial crystallizers market during 2022 to 2027
Based on type, the forced circulation crystallizers is estimated to be the fastest growing segment during the forecast period. Forced circulation crystallizers are widely used in various end-use industries such as chemical, food & beverage and pharmaceutical, specially for fouling products. These type of crystallizers are easy to operate and ideal for continuous process.
By process, the continuous segment is projected to register the highest CAGR during the forecast period
Based on process, the continuous segment is projected to register the highest CAGR during the forecast period. Continuous process is more economical in operation and labour cost and has several advantages over batch process such as scale-up elimination. This type of crystallizers can generate high level of supersaturation which helps in development of crystals.
By end-use industry, the food & beverage segment is estimated to be the fastest-growing segment during 2022 to 2027
Based on end-use industry, the food & beverage is estimated to be the fastest-growing segment during the forecast period. Food & beverage industry is one of the fastest growing industries and uses crystallizers in various food & beverage processing. Crystallizers are used for manufacturing of sugar, whey, ice creams and many other products.
The industrial crystallizers market in Asia-Pacific is projected to witness the highest CAGR during the forecast period
Asia-Pacific region is projected to register the highest CAGR in the industrial crystallizers market from 2022 to 2027. Asia-Pacific is one of the key markets for industrial crystallizers. The region has high demand for the industrial crystallizers due to rising demand from various end-use industries such as pharmaceutical, chemical and food & beverage.
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/wdherh
View source version on businesswire.com:https://www.businesswire.com/news/home/20220915005634/en/
CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY OTHER MANUFACTURING OTHER TECHNOLOGY MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 09/15/2022 06:56 AM/DISC: 09/15/2022 06:56 AM
http://www.businesswire.com/news/home/20220915005634/en