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The distillation systems market size is forecast to increase by USD 2.51 billion, at a CAGR of 5.82% between 2023 and 2028. Market growth hinges on factors like the increasing adoption of desalination techniques, expanding industrialization in developing nations, and rising demand for crude oil products. As desalination becomes more prevalent, industries in emerging economies expand, and crude oil product demand rises, the market anticipates significant growth. These trends reflect the evolving needs of industries and economies, driving opportunities for desalination and related sectors. Our market report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.
The growing industrialization, urbanization, and population in the APAC region have increased the demand for clean water. The increasing demand for clean water from various industries such as food and beverage, pharmaceuticals, pulp and paper, and power generation drives the market growth. Additionally, Accumax Lab Devices Pvt Ltd company offers distillation system such as water distillation unit in three different ranges including water still manesty type, water distillation heavy duty, and all glass water distillation unit for the removal of impurities present in the water. Also, AGRIFY CORP company offers distillation system such as G3X Benchtop Short Path Distillation, CannaBeast 13 Thin Film Distillation System, and HiVE Thin Film Distillation Systems for hemp and cannabis distillation under its brand Precision Extraction.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Method
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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