CHICAGO, July 19, 2022 /PRNewswire/ — Industrial Evaporators Market is projected to grow from USD 18.7 billion in 2022 to USD 23.7 billion by 2027, at a CAGR of 4.8% from 2022 to 2027 according to a new report by MarketsandMarkets™. Major factors driving the growth of the industrial evaporators include increasing adoption of ZLD, demand from various growing end-use industries such as pharmaceutical, food and beverage, chemical & petrochemical, pulp & paper, and others.
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By Construction type, the shell & tube evaporators segment accounted for the highest share of industrial evaporators market during 2022 to 2027.
The shell & tube evaporators segment, by construction type, market accounted highest share. Shell & tube evaporators are widely used in various end-use industries such as food & beverage, pharmaceutical, and chemical & petrochemical. This type of evaporators are easy to use and can process various types of material.
By functionality, the falling film evaporators segment accounted for the highest share of industrial evaporators market during 2022 to 2027.
The falling film evaporators segment, by functionality, market accounted highest share. A falling film evaporator has excellent thermal performance and many industries have been steadily updating their equipment from…