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Distillation Systems Market Is Expected to Grasp the Value of USD 8.65 billion with Growing A CAGR of 6.15% by 2026

Market Overview According to Reports and Data's recent analysis, the global distillation systems market reached a valuation of $6.15 billion in 2018 and is anticipated to reach $8.65 billion by 2026, exhibiting a compound annual growth rate (CAGR) of 4.99%. Distillation involves the process of vaporizing a liquid solution or a mixture of liquid and vapor to separate vapor components and subsequently condensing them.

Companies Featured in the Market Study Key participants in the market include GEA (Germany), Alfa Laval (Sweden), SPX FLOW (US), Sulzer (Switzerland), Core Laboratories (Netherlands), PILODIST (Germany), Anton Paar (Austria), Praj Industries (India), L&T Hydrocarbon Engineering (India), EPIC Modular Process Systems (US), BÜFA Composite System (Germany), and Bosch Packaging Technology (Germany).

Market Insights The Asia-Pacific (APAC) region has experienced substantial growth in the distillation systems market. High consumption of alcoholic beverages and expanding oil and gas industries in countries like China, India, South Korea, Australia, and Japan, which are vital manufacturing hubs, has driven demand for distillation systems. Manufacturers are launching new products and expanding in the APAC market to strengthen their presence. Growing research and development activities by both governments and private organizations in the region are expected to further drive market growth.

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Pre-engineered sanitary blending skids, equipped with various batch mixing systems, were integrated by EPIC Systems with seven liquid and powder packaging lines. During civil site construction, EPIC managed on-site layout, utilities, and a mechanical room, increasing productivity and reducing project timelines. The automated batching systems were designed to enhance capacity and performance on International Food Products' liquid process lines. The Greenfield facility was established on the former Ford Motor Co. plant site in Hazelwood, MO.

Key Report Highlights The report covers assessments by region and country for the period 2016-2026. Historical data from 2016-2017, 2018 as the base year, and forecasts from 2019-2026 are included. It analyzes the demand and supply gap, market share of key industry players, provides strategic recommendations for new entrants, and offers market forecasts for a minimum of six years for various segments and regional markets. The report also discusses market trends, including drivers, constraints, opportunities, threats, challenges, and recommendations. It provides strategic recommendations for key business segments based on market estimations and maps the common trends in competitive landscaping. The report includes detailed company profiles with strategies, financials, and recent developments.

Key Trends in the Distillation Systems Market Urbanization and construction developments in developing economies are driving demand for distillation systems, especially in regions with expanding oil and gas industries. EPIC Systems, Inc. has expanded its production line to meet the demand, including a liquid processing system at International Food Products' new $20 million facility in St. Louis, MO.

RD (Reaction-Distillation) is a promising configuration where reaction and distillation occur simultaneously in the same location, offering higher reactant conversion, product selectivity, and reduced energy, water, and solvent consumption. However, the petrochemical industry has been slow to adopt this technology due to various limitations and challenges.

In simple terms, distillation yields two main products: an overhead distillate and a bottom product, each with compositions distinct from the feed. The distillation systems industry primarily finds significant application in petrochemical refineries and the production of alcoholic beverages, with consistent growth in recent years. The global demand for these systems in water treatment has also risen considerably due to water scarcity. Additionally, the manufacturing sector's expansion in developing countries has contributed to market growth.

Market Segments The report segments the distillation system market based on components, technology, type, industry, operation, process, and region:

Components (Revenue, USD Million; 2016–2026):

Column shells
Plates & packings
Reboilers & heaters
Condenser
Others (reflux drums, pumps, and vacuum systems)

Technology (Revenue, USD Million; 2016–2026):

Fractional
Steam
Vacuum
Multiple effect (MED)
Others (simple, membrane, azeotropic, and molecular)

Type (Revenue, USD Million; 2016–2026):

Column still
Pot still

Industry (Revenue, USD Million; 2016–2026):

Petroleum & biorefinery
Water treatment
Food
Beverage
Alcoholic
Non-alcoholic
Pharmaceuticals
Cosmetics
Chemicals

Operation (Revenue, USD Million; 2016–2026):

Continuous
Batch

Process (Revenue, USD Million; 2016–2026):

Multicomponent
Binary

Regional Outlook (Revenue in USD Million; 2016–2026):

North America
The U.S.
Canada
Europe
Germany
France
UK
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Middle East & Africa

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