The global industrial evaporators market is forecast to grow at a CAGR of 6.6% during the period 2016-2020.
According to the report, growing popularity of flavored milk will be a key driver for market growth. Flavored milk is currently ranked as the most popular drink after plain milk among consumers, and its rate of consumption is expected to experience a steady growth during the forecast period.
With increased commoditizing of milk, dairies now have the opportunity to not only offer value to their end customers but also benefit from value addition in the upstream processes as well. With the introduction of a variety of flavors preferred by people, appropriate proportion sizing of the ingredients and their formulation, flavored milk allows meeting health, nutritional, as well as lifestyle needs.
Further, the report states that irrigation with untreated effluents in developing countries will be a challenge for the market. Evaporation has evolved manifold with increasing applications in various manufacturing industries. But for many SMEs in developing economies, conventional methods like evaporation using the sun's heat still holds importance as they cannot and/or are not willing to invest in state-of-the-art techniques.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- ENCON Evaporators
- KMU LOFT Cleanwater
- Technoforce Solutions
- Thermal Kinetics
- ADF Systems
- Coastal Technologies
- Continental Blower
- Environmental Dynamics
- EZ Environmental Solutions
- Mech-Chem Associates
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market drivers
PART 07: Impact of drivers
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Market segmentation by end-user
PART 12: Geographical segmentation
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/xhwvwc/global_industrial
Research and Markets
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SOURCE Research and Markets