Solvent Evaporation Market is expected to reach US$ 821.41 million by 2028

Nitrogen Blowdown Evaporators Segment to Register Highest CAGR During 2021–2028

According to our latest study on “Solvent Evaporation Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type and End User,” the market was valued at US$ 470.77 million in 2020 and it is projected to reach US$ 821.41 million by 2028; it is expected to grow at a CAGR of 6.7% during 2021–2028. The report highlights trends prevailing in the market, and the factors driving and restraining the market growth.   

Based on type, the global solvent evaporation market is segmented into rotary evaporators, nitrogen blowdown evaporators, centrifugal evaporators, and spiral air flow evaporators. The rotary evaporators segment held the largest share of the market in 2020. However, the nitrogen blowdown evaporators segment is estimated to register the highest CAGR of 7.4% in the market during the forecast period. The rotary evaporator plays a major role in efficient extraction of solvent through evaporation which is an important step in developing pure samples in several industries. The factors such as increasing R&D expenditures and several benefits associated with this technique are propelling the growth of the solvent evaporation market.

The growth of the solvent evaporation market is driven by key driving factors such as increasing expenditure on R&D, growing development of large-molecule biopharmaceuticals, and surging demand for pure samples in end-use markets. However, inaccuracies in results and wastage of resources due to uneasiness associated with solvent evaporation hinder the market growth. Buchi Labortechnik AG; Biotage AB; Labconco Corporation; Heidolph Instruments GmbH & Co. Kg; Yamato Scientific Co., Ltd.; Porvair Plc; IKA Works GmbH and Co. KG; Steroglass SRL; Organomation Associates, Inc.; KNF Neuberger, Inc.; Raykol, Apricot Designs, Inc.; Labtech S.R.L.; Crescent Scientific; and Scinco Co., Ltd. are among the major companies operating in the market.

Global Solvent Evaporation Market, by Region, 2020 (%)

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Solvent Evaporation Market to Grow at a CAGR of 6.7% to reach US$ 821.41 million from 2020 to 2028

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Solvent Evaporation Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Rotary Evaporators, Nitrogen Blowdown Evaporators, Centrifugal Evaporators, and Spiral Air Flow Evaporators); End User (Pharmaceutical and Biopharmaceutical Industry, Diagnostic Laboratories, and Research and Academic Institutes) and Geography

The report segments global solvent evaporation market as follows:

By Type

• Rotary Evaporators
• Nitrogen Blowdown Evaporators
• Centrifugal Evaporators
• Spiral Air Flow Evaporators

By End User

• Pharmaceutical and Biopharmaceutical Industry
• Diagnostic Laboratories
• Research and Academic Institutes

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina
  • Rest of South and Central America