Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on steam generators market provides in-depth analysis
of segments and sub-segments in the global as well as regional steam generators
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional steam generators market over the short term
as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of the global steam generators market. According to the
report, the global steam generators market is projected to grow at a healthy
CAGR over the forecast period of 2019-2025.
A steam generator is a system
designed for boiling water to create sterile, and pyrogenic free steam. There
are different types of steam generators extending in size from small to large
steam generators which are used for conservative coal-fired power plants that
generate around 3500 kilograms of steam per megawatt of energy production.
Further, it is used for in-situ sterilization of equipment modules such as for
the humidification of sterile places, piping distribution systems, and steam
sterilizers. The elements used in steam generators are corrosion protected made
with stainless steel. The steam generators are made with a simple principle of
purification with thin film evaporation which contains tube exchangers and
shell. Before designing steam generators several precautions are necessary to
be taken in order to avoid cracks that stimulate bacterial growth.
Increasing use of steam in
pharmaceuticals industries and growing demand for energy efficiency system are
major factors driving the growth of steam generators market. Steam is used in
pharmaceuticals industry manufacturing for sterilization of equipment’s and
products. Further, used in manufacturing parenteral solutions or injectable
that are usually sterile and other sterile solution such as ophthalmic
products. Due to its advanced features such as easy to maintain, high capacity
range, distinctive optimized separation technique, and external evaporator
support the growth of the steam generators market. In addition, it is also
used in avoiding the contamination by bacteria at a low steam rate that is hard
to eliminate in the case of plant steam is also fueling the growth of the steam
generators market. On the other side, the high cost for installation is limiting
the growth of the market. Moreover, advancement in technologies is likely to
create a growth opportunity for the steam generators market during the forecast
period.
As per the geographies, Asia
Pacific is anticipated to dominate the growth of the steam generators market
followed by the Europe region. Due to the growing demand for distilled water,
increasing the pharmaceutical production unit, and development in R&D
activities drive the growth of the steam generators market in the Asia Pacific
region. Japan further supports the growth of the market in the Asia Pacific
region due to the introduction of the latest technologies. In Europe region
owing to rising demand for sterilizer products, and an upsurge in the use for
sterilization process connected with pharmaceutical equipment are boosting the
growth of the steam market in Europe region.
The report on global steam
generators market covers segments such as type, material, process, and end
user. On the basis of type, the sub-markets include falling film evaporator,
re-boiler generator, external rising film evaporator, and thermosyphon
generator. On the basis of material, the sub-markets include austenitic,
martensitic, and ferritic. On the basis of process, the sub-markets include
micro-filtration, ultraviolet light, periodic heat sanitization,
ultra-filtrations, and reverse osmosis. On the basis of end user, the
sub-markets include biotechnology, pharmaceutical industry, and other end
users.
The report provides profiles of
the companies in the market such as SteriTech Ltd., BRAM-COR S.p.A., Azbil
Telstar, S.L, Robert Bosch GmbH, VEIT GmbH, Pharmalab India Pvt. Ltd.,
Aqua-Nova AB, Spirax-Sarco Inc., Spirax UltraPure, LLC, Gerlach Industries, Inc.,
and Other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of steam generators market. Moreover, the study highlights current
market trends and provides forecast from 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.