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Yahoo
27-05-2025
- Business
- Yahoo
Industrial Crystallizers Market to Reach USD 5.87 Billion by 2032 with a CAGR of 4.67%, Driven by Demand for High-Purity Materials and Wastewater Treatment Innovations
Industrial Crystallizers Market is experiencing significant growth driven by the increasing need for high-purity substances in the chemical, pharmaceutical, and food industries. As industrial processes become more complex, crystallization technologies are essential for efficient separation and purification. Austin, May 27, 2025 (GLOBE NEWSWIRE) -- The Industrial Crystallizers Market Size was valued at USD 3.91 billion in 2023 and is expected to reach USD 5.87 billion by 2032, growing at a CAGR of 4.67% over the forecast period from 2024 to PDF Sample of Industrial Crystallizers Market @ The industrial crystallizers market is growing due to the need for high-purity substances, especially in the pharmaceuticals and chemicals industries. The rising use of crystallization technologies in the treatment of wastewater and the food industry also drives up market demand. Forced circulation systems and continuous processes are notable advancements in crystallizer design and are finding their way into mass production owing to their improved efficiency, scalability, higher yield quality consistency, as well as secondary treatment mechanisms, which are driving growth in the key regions across the globe. U.S. Industrial Crystallizers Market to Reach USD 1.07 Billion by 2032 with 6.15% CAGR The U.S. Industrial Crystallizers Market reached USD 0.63 billion in 2023 and is expected to reach USD 1.07 billion by 2032, advancing at a CAGR of 6.15% from 2024 to 2032. The U.S. market for industrial crystallizers is a key driver of global growth, spurred by innovation in chemical production, pharmaceuticals, and wastewater treatment. Key Players: Tsukishima Kikai – (OS Crystallizer, Vacuum Cooling Crystallizer) Fives Group – (Evaporative Crystallizer, Solios Forced Circulation Crystallizer) Condorchem Envitech – (ENVIDEST MVR FC Crystallizer, Vacuum Crystallization Plant) Vobis LLC – (Pilot Plant Crystallizer, Continuous Crystallizer System) Anssen Metallurgy Group Co., Ltd. – (Vacuum Salt Crystallizer, Evaporation & Crystallization System) Boardman LLC – (Forced Circulation Crystallizer, Industrial Heat Exchanger Crystallizer) Chemin Enviro Systems Pvt. Ltd. – (Forced Circulation Crystallizer, Agitated Thin Film Dryer-Crystallizer Combo) DCI, Inc. – (Batch Crystallizer Tank, Jacketed Stainless Steel Crystallizer) Ebner GmbH & Co. KG – (Vacuum Crystallizer, Controlled Cooling Crystallizer) Ekato Holding GmbH – (EKATO ISOPAS Crystallizer, EKATO UNIMIX Processing Crystallizer) Excel Engineering – (MS ZLD Crystallizer, Multiple Effect Evaporator with Crystallizer) GEA Group – (GEA MSE Crystallizer, VARICHEMA Batch Crystallizer) Katsuragi Industry Co., Ltd. – (Stainless Steel Crystallizer Tank, Continuous Crystallizing Unit) KEP Engineering Services Pvt. Ltd. – (Forced Circulation Crystallizer, Agitated Crystallizer) Moretto S.p.A. – (XD 800 X Dryer-Crystallizer, DEGA Thermal Crystallizer) Motan Colortronic Ltd. – (LUXOR CA S Crystallizer, METRO G Crystallizing Loader) Paul Mueller Company – (Skid-Mounted Crystallizer System, Sanitary Batch Crystallizer) Vattenfall AB – (Electric Boiler for District Heating, Power-to-Heat Industrial Boiler System) Industrial Crystallizers Market Report Scope: Report Attributes Details Market Size in 2023 USD 3.91 Billion Market Size by 2032 USD 5.87 Billion CAGR CAGR of 4.67% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Type – (DTB Crystallizers, Forced Circulation Crystallizers, Fluidized Bed Crystallizers, Others)• By Process – (Continuous, Batch)• By End-Use Industry – (Pharmaceutical, Agrochemical, Metal & Mineral, Food & Beverage, Chemical, Wastewater Treatment, Others) Key Drivers • Rising Adoption of Crystallization in Wastewater Treatment Drives the Industrial Crystallizers Market Growth. If You Need Any Customization on Industrial Crystallizers Market Report, Inquire Now @ Key Segments Driving Growth in the Industrial Crystallizers Market: Insights by Type, Process, and End-Use Industry By Type: In terms of type, the Forced Circulation Crystallizers segment led the industrial crystallizers market with a 41.29% revenue share in 2023. The domination of this segment is due to the high processing efficiency of a large volume and corrosive solution. Its forced circulation design provides an efficient means of heat removal, resulting in reproducible crystallization behavior during extreme operational conditions. Such characteristics make them especially appropriate for the chemical and pharmaceutical, and food processing industries, where it is necessary to work with aggressive solvents and in high-throughput operations. By Process: The Continuous segment led the industrial crystallizers market in 2023 with a revenue share of 60.58%. This process ensures high efficiency in mass production and constant quality of product, leading to this leadership. Chemicals, fertilizers, and other high-demand sectors, where production must be uninterrupted and in large quantities for cost-effectiveness, highly value the continuous crystallization process. It enables a constant flow of operation, where the downtime is statistically negligible and output is maximized. With more industries emphasizing efficiency and scale, continuous crystallizers will keep their title as the equipment of choice for applications that demand a steady supply of quality crystallized end-products. By End-Use Industry: In 2023, the Chemical industry accounted for the highest revenue share in the market for industrial crystallizers, given its requirement for large-scale separation and purification operations. As a result, the industry has a high demand for industrial-scale separation and purification processes where crystallization is a pivotal process technology. Examples, including chemicals, pharmaceuticals, and specialty materials, often require specific purity levels that can only be achieved through precise crystallization. Industrial crystallizers are essential to the chemical sector due to their capability to rapidly isolate elements from lithified mixtures and maintain product quality reliability. Asia Pacific Dominates Industrial Crystallizers Market, North America Poised for Rapid Growth In 2023, the Asia Pacific region held the highest revenue share of 39.68% in the industrial crystallizers market, which was mainly supported by the high growth of major industries like chemicals, pharmaceuticals, and wastewater treatment, particularly in China, India, and Southeast Asia. The use of industrial crystallizers for separation & purification in these end-use industries will drive the market demand. The growing manufacturing and production sector in these countries has resulted in increased investment in infrastructure and technology, which is further driving the demand for effective crystallization. Thus, Expansion of the industrial base in the area contributes towards the growth of the market as industries require advanced technologies to streamline the process and meet regulatory standards. North America is expected to witness the highest compound annual growth rate (CAGR) of 6.23% in the industrial crystallizers market during the forecast period. This growth is mainly attributed to the modified environmental guidelines that encourage industries to organize efficient wastewater treatment systems. More stringent regulations are driving the need for advanced technologies in industrial crystallizers to comply with those regulations. Moreover, demand for crystallizers is accelerating due to the robust growth of the region's pharmaceutical sector. These systems are increasingly being adopted in the pharmaceutical sector, where precise crystallization processes are necessary for drug production. Recent Development In October 2024: Fives participated in Glasstec 2024, where it highlighted its decarbonized glass manufacturing solutions. The company demonstrated its electric melting technologies, hybrid systems, and oxy-fuel combustion solutions, all designed to reduce CO₂ emissions and improve energy efficiency in glass production. In May 2024: Moretto took part in Plastpol 2024, showcasing its latest innovations focused on energy efficiency, advanced technology, customization, and sustainability. The company presented its DGM Gravix series, renowned for its precision in dosing, and the DPK 8, which is engineered for micro-dosing applications in plastic Full Research Report on Industrial Crystallizers Market 2024-2032 @ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Industrial Crystallizers Market Segmentation, By Process 8. Industrial Crystallizers Market Segmentation, By End-Use Industry 9. Industrial Crystallizers Market Segmentation, By Type 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practice 13. Conclusion Read Our Trending Reports: North America Led Industrial Air Filtration Market in 2023 with 44% Revenue Share Driven by Air Quality Awareness and Regulations North America Dominated Industrial Pumps Market with Over 43% Share in 2023 Driven by Chemical and Oil Industries Industrial Robotics Market in Europe Set for Significant Growth Driven by Collaborative Robots Enhancing Industrial Automation About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Industrial Crystallizers Market to Reach USD 5.87 Billion by 2032 with a CAGR of 4.67%, Driven by Demand for High-Purity Materials and Wastewater Treatment Innovations
Industrial Crystallizers Market is experiencing significant growth driven by the increasing need for high-purity substances in the chemical, pharmaceutical, and food industries. As industrial processes become more complex, crystallization technologies are essential for efficient separation and purification. Austin, May 27, 2025 (GLOBE NEWSWIRE) -- The Industrial Crystallizers Market Size was valued at USD 3.91 billion in 2023 and is expected to reach USD 5.87 billion by 2032, growing at a CAGR of 4.67% over the forecast period from 2024 to PDF Sample of Industrial Crystallizers Market @ The industrial crystallizers market is growing due to the need for high-purity substances, especially in the pharmaceuticals and chemicals industries. The rising use of crystallization technologies in the treatment of wastewater and the food industry also drives up market demand. Forced circulation systems and continuous processes are notable advancements in crystallizer design and are finding their way into mass production owing to their improved efficiency, scalability, higher yield quality consistency, as well as secondary treatment mechanisms, which are driving growth in the key regions across the globe. U.S. Industrial Crystallizers Market to Reach USD 1.07 Billion by 2032 with 6.15% CAGR The U.S. Industrial Crystallizers Market reached USD 0.63 billion in 2023 and is expected to reach USD 1.07 billion by 2032, advancing at a CAGR of 6.15% from 2024 to 2032. The U.S. market for industrial crystallizers is a key driver of global growth, spurred by innovation in chemical production, pharmaceuticals, and wastewater treatment. Key Players: Tsukishima Kikai – (OS Crystallizer, Vacuum Cooling Crystallizer) Fives Group – (Evaporative Crystallizer, Solios Forced Circulation Crystallizer) Condorchem Envitech – (ENVIDEST MVR FC Crystallizer, Vacuum Crystallization Plant) Vobis LLC – (Pilot Plant Crystallizer, Continuous Crystallizer System) Anssen Metallurgy Group Co., Ltd. – (Vacuum Salt Crystallizer, Evaporation & Crystallization System) Boardman LLC – (Forced Circulation Crystallizer, Industrial Heat Exchanger Crystallizer) Chemin Enviro Systems Pvt. Ltd. – (Forced Circulation Crystallizer, Agitated Thin Film Dryer-Crystallizer Combo) DCI, Inc. – (Batch Crystallizer Tank, Jacketed Stainless Steel Crystallizer) Ebner GmbH & Co. KG – (Vacuum Crystallizer, Controlled Cooling Crystallizer) Ekato Holding GmbH – (EKATO ISOPAS Crystallizer, EKATO UNIMIX Processing Crystallizer) Excel Engineering – (MS ZLD Crystallizer, Multiple Effect Evaporator with Crystallizer) GEA Group – (GEA MSE Crystallizer, VARICHEMA Batch Crystallizer) Katsuragi Industry Co., Ltd. – (Stainless Steel Crystallizer Tank, Continuous Crystallizing Unit) KEP Engineering Services Pvt. Ltd. – (Forced Circulation Crystallizer, Agitated Crystallizer) Moretto S.p.A. – (XD 800 X Dryer-Crystallizer, DEGA Thermal Crystallizer) Motan Colortronic Ltd. – (LUXOR CA S Crystallizer, METRO G Crystallizing Loader) Paul Mueller Company – (Skid-Mounted Crystallizer System, Sanitary Batch Crystallizer) Vattenfall AB – (Electric Boiler for District Heating, Power-to-Heat Industrial Boiler System) Industrial Crystallizers Market Report Scope: Report Attributes Details Market Size in 2023 USD 3.91 Billion Market Size by 2032 USD 5.87 Billion CAGR CAGR of 4.67% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Type – (DTB Crystallizers, Forced Circulation Crystallizers, Fluidized Bed Crystallizers, Others)• By Process – (Continuous, Batch)• By End-Use Industry – (Pharmaceutical, Agrochemical, Metal & Mineral, Food & Beverage, Chemical, Wastewater Treatment, Others) Key Drivers • Rising Adoption of Crystallization in Wastewater Treatment Drives the Industrial Crystallizers Market Growth. If You Need Any Customization on Industrial Crystallizers Market Report, Inquire Now @ Key Segments Driving Growth in the Industrial Crystallizers Market: Insights by Type, Process, and End-Use Industry By Type: In terms of type, the Forced Circulation Crystallizers segment led the industrial crystallizers market with a 41.29% revenue share in 2023. The domination of this segment is due to the high processing efficiency of a large volume and corrosive solution. Its forced circulation design provides an efficient means of heat removal, resulting in reproducible crystallization behavior during extreme operational conditions. Such characteristics make them especially appropriate for the chemical and pharmaceutical, and food processing industries, where it is necessary to work with aggressive solvents and in high-throughput operations. By Process: The Continuous segment led the industrial crystallizers market in 2023 with a revenue share of 60.58%. This process ensures high efficiency in mass production and constant quality of product, leading to this leadership. Chemicals, fertilizers, and other high-demand sectors, where production must be uninterrupted and in large quantities for cost-effectiveness, highly value the continuous crystallization process. It enables a constant flow of operation, where the downtime is statistically negligible and output is maximized. With more industries emphasizing efficiency and scale, continuous crystallizers will keep their title as the equipment of choice for applications that demand a steady supply of quality crystallized end-products. By End-Use Industry: In 2023, the Chemical industry accounted for the highest revenue share in the market for industrial crystallizers, given its requirement for large-scale separation and purification operations. As a result, the industry has a high demand for industrial-scale separation and purification processes where crystallization is a pivotal process technology. Examples, including chemicals, pharmaceuticals, and specialty materials, often require specific purity levels that can only be achieved through precise crystallization. Industrial crystallizers are essential to the chemical sector due to their capability to rapidly isolate elements from lithified mixtures and maintain product quality reliability. Asia Pacific Dominates Industrial Crystallizers Market, North America Poised for Rapid Growth In 2023, the Asia Pacific region held the highest revenue share of 39.68% in the industrial crystallizers market, which was mainly supported by the high growth of major industries like chemicals, pharmaceuticals, and wastewater treatment, particularly in China, India, and Southeast Asia. The use of industrial crystallizers for separation & purification in these end-use industries will drive the market demand. The growing manufacturing and production sector in these countries has resulted in increased investment in infrastructure and technology, which is further driving the demand for effective crystallization. Thus, Expansion of the industrial base in the area contributes towards the growth of the market as industries require advanced technologies to streamline the process and meet regulatory standards. North America is expected to witness the highest compound annual growth rate (CAGR) of 6.23% in the industrial crystallizers market during the forecast period. This growth is mainly attributed to the modified environmental guidelines that encourage industries to organize efficient wastewater treatment systems. More stringent regulations are driving the need for advanced technologies in industrial crystallizers to comply with those regulations. Moreover, demand for crystallizers is accelerating due to the robust growth of the region's pharmaceutical sector. These systems are increasingly being adopted in the pharmaceutical sector, where precise crystallization processes are necessary for drug production. Recent Development In October 2024: Fives participated in Glasstec 2024, where it highlighted its decarbonized glass manufacturing solutions. The company demonstrated its electric melting technologies, hybrid systems, and oxy-fuel combustion solutions, all designed to reduce CO₂ emissions and improve energy efficiency in glass production. In May 2024: Moretto took part in Plastpol 2024, showcasing its latest innovations focused on energy efficiency, advanced technology, customization, and sustainability. The company presented its DGM Gravix series, renowned for its precision in dosing, and the DPK 8, which is engineered for micro-dosing applications in plastic Full Research Report on Industrial Crystallizers Market 2024-2032 @ Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Industrial Crystallizers Market Segmentation, By Process 8. Industrial Crystallizers Market Segmentation, By End-Use Industry 9. Industrial Crystallizers Market Segmentation, By Type 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practice 13. Conclusion Read Our Trending Reports: North America Led Industrial Air Filtration Market in 2023 with 44% Revenue Share Driven by Air Quality Awareness and Regulations North America Dominated Industrial Pumps Market with Over 43% Share in 2023 Driven by Chemical and Oil Industries Industrial Robotics Market in Europe Set for Significant Growth Driven by Collaborative Robots Enhancing Industrial Automation About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. CONTACT: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)
Yahoo
21-03-2025
- Business
- Yahoo
Alfa Laval signs an agreement to acquire the cryogenics business from the French group Fives
LUND, Sweden, March 21, 2025 /PRNewswire/ -- Alfa Laval today announces that it has signed a binding put-option agreement to acquire the Fives Cryogenics business unit, part of Fives Group, for a total fixed purchase price of EUR 800 million on a cash and debt-free basis. Fives Cryogenics is a world-leading expert in cryogenic heat transfer and pump technologies, headquartered in France. The proposed acquisition remains subject to consultation with the relevant works councils, after which the parties expect to enter into a definitive purchase agreement. This proposed acquisition would provide Alfa Laval with a strong portfolio of heat transfer and pump products for gas liquefaction. Cryogenic technologies are crucial both for traditional gases like LNG and for emerging gas applications like hydrogen and carbon capture. Fives Cryogenics has more than 60 years of experience designing and manufacturing cryogenic heat exchangers and pumps for gas liquefaction. The company holds a strong position in the world market with manufacturing facilities in France, China and Switzerland. Fives Cryogenics employs more than 700 people and in 2024 had revenue of approximately EUR 200 million. Looking forward, the company is expected to generate revenue of EUR 200-250 million and be neutral to positive to the Alfa Laval group margin. "By adding cryogenic technologies to the Alfa Laval portfolio, we would expand our capabilities to move energy efficiency and the energy transition forward," says Tom Erixon, President and CEO, Alfa Laval. "We believe that Fives Cryogenics would be an excellent addition to Alfa Laval, and we see strong potential in the business and key synergies between Fives Cryogenics' deep technological expertise in cryogenics and Alfa Laval's strong position in the global gas market. We plan to continue to invest in capabilities and growth in the next few years, especially in the key production facility in Golbey, France." "In the next growth phase, building on the investments realized and committed by the Fives Group, Fives Cryogenics would be well served by belonging to an industrial group with deep knowledge of the technology and a global presence in the future growth areas. With Alfa Laval, Fives Cryogenics would have a strong owner who I know would develop the company and the team further," says Frédéric Sanchez, CEO of the Fives Group. From an organizational perspective, the cryogenic business would be part of Alfa Laval's Energy Division and operate as a new separate business unit. Closing of the transaction is subject to the necessary regulatory approvals and is expected during 2025. The all-cash transaction will be funded by existing liquidity and debt financing. Jefferies acts as financial advisor to Alfa Laval, while White & Case acts as legal advisor. This is information that Alfa Laval AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at CET 07:30 on 21 March 2025. ContactsJohan LundinHead of Investor Relations, Alfa LavalMobile: +46 730 46 30 Helweg-LarsenHead of Communications, Alfa LavalMobile: +46 730 35 80 This is Alfa Laval The ability to make the most of what we have is more important than ever. Together with our customers, we're innovating the industries that society depends on and creating lasting positive impact. Alfa Laval is a leading global provider of first-rate products in the areas of heat transfer, separation and fluid handling. We're set on helping billions of people to get the energy, food, and clean water they need. And, at the same time, we're decarbonizing the marine fleet that is the backbone of global trade. We pioneer technologies and solutions that enable our customers to unlock the true potential of resources. As our customers' businesses grow stronger, the goal of a truly sustainable world edges closer. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets. Together, we're pioneering positive impact. Alfa Laval was founded 140 years ago, has customers in 100 countries, employs more than 22,300 people, and annual sales were SEK 66.9 billion (5.8 BEUR) in 2024. The company is listed on Nasdaq Stockholm. This information was brought to you by Cision The following files are available for download: Alfa Laval signs an agreement to acquire the cryogenics business from the French group Fives Corporate press release 2025-03-21 close-up-cryogenic-liquid-nitrogen-640x360 View original content: SOURCE Alfa Laval Sign in to access your portfolio
