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Distillation System Market size is expected to reach nearly US$ 11.20 Bn by 2030, says Maximize Market Research.

(Entertainment-NewsWire.com, August 21, 2024 ) Distillation System Market size is expected to reach nearly US$ 11.20 Bn by 2030, from USD 7.8 Bn in 2023 with a CAGR of 5.3% during the forecast period.



Europe is expected for favorable industrial policies and the presence of manufacturers in the country drives the market growth for stills, pots, columns, and turnkey projects in Europe. Economies such as the UK, France, Italy, Spain, and Russia are among the major because of the large number of market players in the beverage, chemicals, and cosmetics industries.



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Increase in demand for distilled water, and crude oil, distilled spirits are drive the growth of distillation systems in the market. Petrochemical refineries and alcoholic beverages are the two dominant application segments of the distillation systems market, for which the growth has increased since the last decade.



Distillation System Market Segmentation



by Component



1. Column shells

2. Plates & packings

3. Reboilers & heaters

4. Condenser



by Technology



1. Fractional

2. Steam

3. Vacuum

4. Multiple-effect (MED)



by Type



1. Column still

2. Pot still



by Industry



1. Petroleum & bio-refinery

2. Water treatment

3. Food

4. Beverage

5. Pharmaceuticals

6. Cosmetics

7. Chemicals



by Operation



1. Continuous

2. Batch



by Process



1. Multicomponent

2. Binary



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Distillation System Market Key Players:



1. GEA

2. Alfa Laval

3. SPX FLOW

4. Sulzer

5. Core Laboratories

6. PILODIST

7. Anton Paar

8. Praj Industries



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Maximize Market Research is leading Food & Beverages research firm, has also published the following reports:



Global Seafood Market size was valued at USD 37.84 Bn in 2023 and is expected to reach USD 171.54 Bn by 2030, at a CAGR of 24.10 %.



The Colostrum Market size was valued at USD 1.84 Billion in 2023 and the total Colostrum revenue is expected to grow at a CAGR of 4.2% from 2024 to 2030, reaching nearly USD 2.45 Billion by 2030.



About Maximize Market Research



Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.

MAXIMIZE MARKET RESEARCH PVT. LTD.

L Godage

+91 9607365656

akash.r@maximizemarketresearch.com

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