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.
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