Global Distillation System Market –
Industry Analysis and Forecast (2019-2026)
Industry, Operation, Process, and Region.
Global distillation system market was valued US$ 6.35 Bn in 2019
and expected to reach US$ XX Bn by 2026, at a CAGR of XX %
during forecast period.
The report includes the analysis of impact of COVID-19 lock-down
on the revenue of market leaders, followers, and disrupters. Since lock
down was implemented differently in different regions and countries,
impact of same is also different by regions and segments. The report
has covered the current short term and long term impact on the
market, same will help decision makers to prepare the outline for
short term and long term strategies for companies by region.
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Increase in demand for distilled water, and crude oil, distilled spirits
are drive the growth of distillation systems in the market.
Petrochemical refineries and alcoholic beverages are the two
dominant application segments of the distillation systems market, for
which the growth has increased since the last decade. The shortage of
water is a major factor fueling demand for distillation units globally in
the water treatment application. The development of the
manufacturing sector in developing countries is additionally fueling
the distillation systems' market growth. The report contains a detailed
list of factors that will drive and restrain the growth of the distillation
The global distillation system market is segmented into components,
technology, type, industry, operation, process, and region. On the
basis of operation, continuous distillation is used for large-scale
separation processes and is extensively used in the petroleum, oil, and
chemical industries. This operation is mainly used because of its high
energy efficiency and high output as compared to batch operation.
Based on component, column shells segment is dominatin