Process Equipment Market: By Type (Pump, Filters, Valves, Vessels and Tanks, Heat Exchangers, Pipelines, Other), By Method (Mechanical, Chemical, Biological), By Industry (Food & Beverage, Chemical, Pharmaceutical, Textile, Metal, Power, Refinery, Other), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And Forecasts To 2032

September 2023 | 498 pages | ID: P11F3C2DB740EN
Fatpos Global

Abstracts

Process Equipment Market: By Type (Pump, Filters, Valves, Vessels and Tanks, Heat Exchangers, Pipelines, Other), By Method (Mechanical, Chemical, Biological), By Industry (Food & Beverage, Chemical, Pharmaceutical, Textile, Metal, Power, Refinery, Other), And Region – Global Analysis of Market Size, Share & Trends For 2021–2022 And Forecasts T%li%2032

PRODUCT OVERVIEW

Process Equipment Market t%li%surpass USD 130.7 billion by 2032 from USD 43.62 billion in 2021 at a CAGR of 10.5% in the coming years, i.e., 2022-32.

Process Equipment are the different mechanical tools needed for the mechanical, chemical, or thermal processing of a raw material or finished good. Process equipment are any among the several pieces of machinery used in the processing of chemicals and materials in establishments like chemical plants, refineries, and wastewater treatment facilities. This equipment is typically made with a particular process or family of processes in mind, though in certain situations it can be made specifically for a facility. Depending on whether new or old equipment is being acquired, as well as what it will be used for, prices can vary. Companies that produce process equipment als%li%offer support t%li%clients interested in these services through maintenance and repair contracts.

MARKET HIGHLIGHTS

Process Equipment Market t%li%surpass USD 130.7 billion by 2032 from USD 43.62 billion in 2021 at a CAGR of 10.5% in the coming years, i.e., 2022-32. The main drivers of the Process Equipment Market include the rising advanced technologies, increasing industrialization, and globalization. Another factor driving the market is the growing adoption of automation across all sectors, including sugar, cement, pharmaceuticals, steel, textile, chemicals, food, oil, paper, electricity, and refinery.

Process Equipment Market Segments:

• By Type
• Pump
• Filters
• Valves
• Vessels and Tanks
• Heat Exchangers
• Pipelines
• Other
• By Method
• Mechanical
• Chemical
• Biological
• By Industry
• Food & Beverage
• Chemical
• Pharmaceutical
• Textile
• Metal
• Power
• Refinery
• Other

MARKET DYNAMICS

Growth Drivers

Growing Industrialization and Globalization and Rising Government Initiatives

Rising Demand for Green Products and Progress of Wireless Technologies

Restraint

High Cost of Implementation, Initial Investments, and Unfavorable Weather Conditions

Key Players

• Alfa Laval AB
• Bucher Industries AG
• Bьhler AG
• Godrej & Boyce
• Marel HF
• ANSYS Inc.
• Isgec Heavy Engineering Ltd.
• Ador Welding Ltd.
• Artson Engineering
• Freec%li%International
• Process Equipment Corporation
• Beepex Corporation Organization
• Power Zone Equipment Inc.
• Kerone
• Sunrise Process Equipments
• Other Prominent Players

(Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons t%li%Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight int%li%the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
• 3-month post-sales analyst support.

Contents

1 EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2. Business Trends
1.3. Process Equipment Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2 RESEARCH METHODOLOGY

2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1. Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3 MARKET CHARACTERISTICS

3.1. Market Definition
3.2. Process Equipment Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4 PROCESS EQUIPMENT MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5 MACROECONOMIC INDICATORS


6 RECENT DEVELOPMENTS


7 MARKET DYNAMICS

7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends

8 RISK ANALYSIS


9 MARKET ANALYSIS

9.1. Porters Five Forces
9.2. PEST Analysis
  9.2.1. Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10 PROCESS EQUIPMENT MARKET

10.1. Overview
10.2. Historical Analysis (2016-2020)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11 PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1. By Type
    11.3.1.1. Pump
      11.3.1.1.1.
      11.3.1.1.2. By Value (USD Million) 2022-2032F
      11.3.1.1.3. Market Share (%) 2022-2032F
      11.3.1.1.4. Y-o-Y Growth (%) 2022-2032F
    11.3.1.2. Filters
      11.3.1.2.1. By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3. Valves
      11.3.1.3.1. By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.4. Vessels and Tanks
      11.3.1.4.1. By Value (USD Million) 2022-2032F
      11.3.1.4.2. Market Share (%) 2022-2032F
      11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.5. Heat Exchangers
      11.3.1.5.1. By Value (USD Million) 2022-2032F
      11.3.1.5.2. Market Share (%) 2022-2032F
      11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.6. Pipelines
      11.3.1.6.1. By Value (USD Million) 2022-2032F
      11.3.1.6.2. Market Share (%) 2022-2032F
      11.3.1.6.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.7. Other
      11.3.1.7.1. By Value (USD Million) 2022-2032F
      11.3.1.7.2. Market Share (%) 2022-2032F
      11.3.1.7.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Method
    11.3.2.1. Mechanical
      11.3.2.1.1. By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. Chemical
      11.3.2.2.1. By Value (USD Million) 2022-2032F
      11.3.2.2.2. Market Share (%) 2022-2032F
      11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.3. Biological
      11.3.2.3.1. By Value (USD Million) 2022-2032F
      11.3.2.3.2. Market Share (%) 2022-2032F
      11.3.2.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.3. By Industry
    11.3.3.1. Food & Beverage
      11.3.3.1.1. By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2. Chemical
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2. Market Share (%) 2022-2032F
      11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.3. Pharmaceutical
      11.3.3.3.1. By Value (USD Million) 2022-2032F
      11.3.3.3.2. Market Share (%) 2022-2032F
      11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.4. Textile
      11.3.3.4.1. By Value (USD Million) 2022-2032F
      11.3.3.4.2. Market Share (%) 2022-2032F
      11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.5. Metal
      11.3.3.5.1. By Value (USD Million) 2022-2032F
      11.3.3.5.2. Market Share (%) 2022-2032F
      11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.6. Power
      11.3.3.6.1. By Value (USD Million) 2022-2032F
      11.3.3.6.2. Market Share (%) 2022-2032F
      11.3.3.6.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.7. Refinery
      11.3.3.7.1. By Value (USD Million) 2022-2032F
      11.3.3.7.2. Market Share (%) 2022-2032F
      11.3.3.7.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.8. Other
      11.3.3.8.1. By Value (USD Million) 2022-2032F
      11.3.3.8.2. Market Share (%) 2022-2032F
      11.3.3.8.3. Y-o-Y Growth (%) 2022-2032F

12 NORTH AMERICA PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By Type
  12.3.2. By Method
  12.3.3. By Industry
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13 EUROPE PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By Type
  13.3.2. By Method
  13.3.3. By Industry
13.4. Country
  13.4.1. Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14 ASIA PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By Type
  14.3.2. By Method
  14.3.3. By Industry
14.4. By Country
  14.4.1. India
  14.4.2. China
  14.4.3. South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15 MIDDLE EAST AND AFRICA PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By Type
  15.3.2. By Method
  15.3.3. By Industry
15.4. Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5. Rest of Middle East and Africa

16 LATIN AMERICA PROCESS EQUIPMENT MARKET SIZE & FORECAST 2022A-2032F

16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By Type
  16.3.2. By Method
  16.3.3. By Industry
16.4. Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17 COMPETITIVE LANDSCAPE

17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders

18 COMPANY PROFILES

18.1. Alfa Laval AB
  18.1.1. Company Overview
  18.1.2. Financial Overview
  18.1.3. Key Product; Analysis
  18.1.4. Company Assessment
    18.1.4.1 Product Portfolio
    18.1.4.2 Key Clients
    18.1.4.3 Market Share
    18.1.4.4 Recent News & Development (Last 3 Yrs.)
    18.1.4.5 Executive Team
18.2. Bucher Industries AG
18.3. Bьhler AG
18.4. Godrej & Boyce
18.5. Marel HF
18.6. ANSYS Inc.
18.7. Isgec Heavy Engineering Ltd.
18.8. Ador Welding Ltd.
18.9. Artson Engineering
18.10. Freeco International
18.11. Process Equipment Corporation
18.12. Beepex Corporation Organization
18.13. Power Zone Equipment Inc.
18.14. Kerone
18.15. Sunrise Process Equipments
18.16. Other Prominent Players

19 APPENDIX


20 CONSULTANT RECOMMENDATION