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Solvent Evaporation Market By Type (Rotary Evaporators, Centrifugal Evaporators, Others), By End User (Pharmaceutical and Biopharmaceutical Industries, Diagnostic Laboratories, Research and Academic Institutes): Global Opportunity Analysis and Industry Forecast, 2023-2032

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    Report

  • 218 Pages
  • August 2023
  • Region: Global
  • Allied Market Research
  • ID: 5894454
The solvent evaporation market was valued at $588.45 million in 2022 and is estimated to reach $1.03 billion by 2032, exhibiting a CAGR of 5.8% from 2023 to 2032.

Solvent evaporation refers to the process of removing a solvent from a solution or mixture, leaving behind the solute or other desired substances in a more concentrated form. It is a widely used technique in various industries and research fields, including pharmaceuticals, biopharmaceuticals, and environmental analysis. The method involves exposing the solution to controlled conditions of temperature, pressure, and sometimes airflow to accelerate the evaporation of the solvent. The remaining substances can then be further processed, analyzed, or utilized for specific applications.

The factors that drive the solvent evaporation market growth include a rise in expenditure in research and development (R&D) across various industries. As scientific exploration and innovation intensify, the demand for efficient solvent evaporation techniques surges. This is driven by the need to concentrate and isolate valuable compounds, aiding in drug discovery, formulation, and analysis.

In addition, the growing technological advancement in equipment design, automation, and control systems have elevated the precision, speed, and scalability of the solvent evaporation process. This paves the way for streamlined and optimized operations across diverse industries, fostering market growth. Moreover, the growing demand for laboratory automation further accelerates market growth. Laboratories seek to enhance efficiency, reproducibility, and data accuracy by automating solvent evaporation processes.

This trend aligns with the broader push toward laboratory modernization and efficiency, providing a robust foundation for the solvent evaporation market growth. Furthermore, rise in awareness and emphasis on green and sustainable solutions is presenting lucrative opportunities for the expansion of the solvent evaporation market. As global concerns about environmental impact and resource conservation intensify, industries are actively seeking eco-friendly alternatives to traditional processes. Solvent evaporation aligns with these objectives by minimizing solvent waste, reducing energy consumption, and lowering emissions, making it an attractive choice for environmentally conscious companies.

Thus, key players have taken initiatives in the development of environmentally sustainable solutions. For instance, Ecodyst, an innovative leader and creator of the next generation of rotary evaporators, offers EcoChyll X1 solvent evaporators based on eco-friendly principle. These advancements not only address environmental concerns but also enhance the efficiency and effectiveness of solvent evaporation processes. As a result, the growing demand for environmentally sustainable solutions and the availability of eco-friendly solvent evaporators are potent drivers of market growth.

However, the factors that hamper the solvent evaporation market growth include high initial setup costs for advanced solvent evaporation systems. Furthermore, concerns about the potential environmental and health impacts of certain solvents may also hinder widespread adoption, thus hindering market growth. The global solvent evaporation market is segmented on the basis of type, end user, and region. On the basis of type, the market is classified into rotary evaporators, centrifugal evaporators and others. Rotary evaporators are further segmented into small volume rotary evaporators and large volume rotary evaporators. Others are further segmented into nitrogen blowdown evaporators and spiral air flow evaporators/ smart evaporators/ intelligent evaporators.

Depending on the end user, it is categorized into pharmaceutical and biopharmaceutical industry, diagnostic laboratories, research and academic institutes. By region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA).

Major players that operate in the market include ATS Corporation, BioChromato, Biotage, BÜCHI Labortechnik AG, Heidolph Instruments GmbH & Co. KG, Labconco Corporation, Organomation, Pope Scientific Inc., Steroglass S.r.l. and Yamato Scientific Co., Ltd.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the solvent evaporation market analysis from 2022 to 2032 to identify the prevailing solvent evaporation market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the solvent evaporation market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global solvent evaporation market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

  • Quarterly update (only available with the purchase of an enterprise license)
  • 5 additional company profiles of your choice, pre- or post-purchase, as a free update.
  • Free updated version (once released) with the purchase of a 1-5 or enterprise user license.
  • 16 analyst hours of support (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
  • 15% free customization (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
  • Free data pack (Excel version) with the purchase of a 1-5 or enterprise user license.
  • Free report update, if the report is 6-12 months old or older.
  • 24-hour priority response
  • Free industry updates and white papers.


Key Market Segments

By Type

  • Rotary Evaporators
  • Type
  • Small Volume Rotary Evaporators
  • Large Volume Rotary Evaporators
  • Centrifugal Evaporators
  • Others
  • Type
  • Nitrogen Blowdown Evaporators
  • Spiral Air Flow Evaporators

By End User

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

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Yamato Scientific Co., Ltd.
  • Biotage
  • Steroglass S.r.l.
  • Organomation
  • BÜCHI Labortechnik AG
  • Labconco Corporation
  • ATS Corporation
  • BioChromato
  • Pope Scientific Inc.
  • Heidolph Instruments GmbH & Co. KG

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. High bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in demand for pure samples in the end-user markets
3.4.1.2. Availability of various capacity evaporator systems
3.4.1.3. Growing focus on green and sustainable solutions
3.4.2. Restraints
3.4.2.1. High manufacturing and product cost
3.4.3. Opportunities
3.4.3.1. Growth in demand for laboratory automation
CHAPTER 4: SOLVENT EVAPORATION MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Rotary Evaporators
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.2.4. Rotary Evaporators Solvent Evaporation Market by Type
4.3. Centrifugal Evaporators
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Others
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.4.4. Others Solvent Evaporation Market by Type
CHAPTER 5: SOLVENT EVAPORATION MARKET, BY END USER
5.1. Overview
5.1.1. Market size and forecast
5.2. Pharmaceutical and Biopharmaceutical Industries
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Diagnostic Laboratories
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Research and Academic Institutes
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
CHAPTER 6: SOLVENT EVAPORATION MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by End User
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by Type
6.2.4.1.2. Market size and forecast, by End User
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by Type
6.2.4.2.2. Market size and forecast, by End User
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by Type
6.2.4.3.2. Market size and forecast, by End User
6.3. Europe
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by End User
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Market size and forecast, by Type
6.3.4.1.2. Market size and forecast, by End User
6.3.4.2. France
6.3.4.2.1. Market size and forecast, by Type
6.3.4.2.2. Market size and forecast, by End User
6.3.4.3. UK
6.3.4.3.1. Market size and forecast, by Type
6.3.4.3.2. Market size and forecast, by End User
6.3.4.4. Italy
6.3.4.4.1. Market size and forecast, by Type
6.3.4.4.2. Market size and forecast, by End User
6.3.4.5. Spain
6.3.4.5.1. Market size and forecast, by Type
6.3.4.5.2. Market size and forecast, by End User
6.3.4.6. Rest of Europe
6.3.4.6.1. Market size and forecast, by Type
6.3.4.6.2. Market size and forecast, by End User
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by End User
6.4.4. Market size and forecast, by country
6.4.4.1. Japan
6.4.4.1.1. Market size and forecast, by Type
6.4.4.1.2. Market size and forecast, by End User
6.4.4.2. China
6.4.4.2.1. Market size and forecast, by Type
6.4.4.2.2. Market size and forecast, by End User
6.4.4.3. India
6.4.4.3.1. Market size and forecast, by Type
6.4.4.3.2. Market size and forecast, by End User
6.4.4.4. Australia
6.4.4.4.1. Market size and forecast, by Type
6.4.4.4.2. Market size and forecast, by End User
6.4.4.5. South Korea
6.4.4.5.1. Market size and forecast, by Type
6.4.4.5.2. Market size and forecast, by End User
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market size and forecast, by Type
6.4.4.6.2. Market size and forecast, by End User
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by End User
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Market size and forecast, by Type
6.5.4.1.2. Market size and forecast, by End User
6.5.4.2. Saudi Arabia
6.5.4.2.1. Market size and forecast, by Type
6.5.4.2.2. Market size and forecast, by End User
6.5.4.3. South Africa
6.5.4.3.1. Market size and forecast, by Type
6.5.4.3.2. Market size and forecast, by End User
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Market size and forecast, by Type
6.5.4.4.2. Market size and forecast, by End User
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Players
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. Pope Scientific Inc.
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. Biotage
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.3. Labconco Corporation
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. ATS Corporation
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. Steroglass S.r.l.
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.6. BioChromato
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Yamato Scientific Co., Ltd.
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.8. Organomation
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.9. Heidolph Instruments GmbH & Co. KG
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. BÜCHI Labortechnik AG
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Key strategic moves and developments
List of Tables
Table 01. Global Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 02. Solvent Evaporation Market for Rotary Evaporators, by Region, 2022-2032 ($Million)
Table 03. Global Rotary Evaporators Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 04. Solvent Evaporation Market for Centrifugal Evaporators, by Region, 2022-2032 ($Million)
Table 05. Solvent Evaporation Market for Others, by Region, 2022-2032 ($Million)
Table 06. Global Others Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 07. Global Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 08. Solvent Evaporation Market for Pharmaceutical and Biopharmaceutical Industries, by Region, 2022-2032 ($Million)
Table 09. Solvent Evaporation Market for Diagnostic Laboratories, by Region, 2022-2032 ($Million)
Table 10. Solvent Evaporation Market for Research and Academic Institutes, by Region, 2022-2032 ($Million)
Table 11. Solvent Evaporation Market, by Region, 2022-2032 ($Million)
Table 12. North America Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 13. North America Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 14. North America Solvent Evaporation Market, by Country, 2022-2032 ($Million)
Table 15. U.S. Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 16. U.S. Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 17. Canada Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 18. Canada Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 19. Mexico Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 20. Mexico Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 21. Europe Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 22. Europe Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 23. Europe Solvent Evaporation Market, by Country, 2022-2032 ($Million)
Table 24. Germany Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 25. Germany Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 26. France Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 27. France Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 28. UK Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 29. UK Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 30. Italy Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 31. Italy Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 32. Spain Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 33. Spain Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 34. Rest of Europe Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 35. Rest of Europe Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 36. Asia-Pacific Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 37. Asia-Pacific Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 38. Asia-Pacific Solvent Evaporation Market, by Country, 2022-2032 ($Million)
Table 39. Japan Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 40. Japan Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 41. China Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 42. China Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 43. India Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 44. India Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 45. Australia Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 46. Australia Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 47. South Korea Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 48. South Korea Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 49. Rest of Asia-Pacific Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 50. Rest of Asia-Pacific Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 51. LAMEA Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 52. LAMEA Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 53. LAMEA Solvent Evaporation Market, by Country, 2022-2032 ($Million)
Table 54. Brazil Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 55. Brazil Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 56. Saudi Arabia Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 57. Saudi Arabia Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 58. South Africa Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 59. South Africa Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 60. Rest of LAMEA Solvent Evaporation Market, by Type, 2022-2032 ($Million)
Table 61. Rest of LAMEA Solvent Evaporation Market, by End-user, 2022-2032 ($Million)
Table 62. Pope Scientific Inc.: Key Executives
Table 63. Pope Scientific Inc.: Company Snapshot
Table 64. Pope Scientific Inc.: Product Segments
Table 65. Pope Scientific Inc.: Service Segments
Table 66. Pope Scientific Inc.: Product Portfolio
Table 67. Biotage: Key Executives
Table 68. Biotage: Company Snapshot
Table 69. Biotage: Product Segments
Table 70. Biotage: Product Portfolio
Table 71. Labconco Corporation: Key Executives
Table 72. Labconco Corporation: Company Snapshot
Table 73. Labconco Corporation: Product Segments
Table 74. Labconco Corporation: Product Portfolio
Table 75. Ats Corporation: Key Executives
Table 76. Ats Corporation: Company Snapshot
Table 77. Ats Corporation: Product Segments
Table 78. Ats Corporation: Product Portfolio
Table 79. Ats Corporation: Key Stratergies
Table 80. Steroglass S.R.L.: Key Executives
Table 81. Steroglass S.R.L.: Company Snapshot
Table 82. Steroglass S.R.L.: Product Segments
Table 83. Steroglass S.R.L.: Product Portfolio
Table 84. Biochromato: Key Executives
Table 85. Biochromato: Company Snapshot
Table 86. Biochromato: Product Segments
Table 87. Biochromato: Product Portfolio
Table 88. Yamato Scientific Co. Ltd.: Key Executives
Table 89. Yamato Scientific Co. Ltd.: Company Snapshot
Table 90. Yamato Scientific Co. Ltd.: Product Segments
Table 91. Yamato Scientific Co. Ltd.: Product Portfolio
Table 92. Organomation: Key Executives
Table 93. Organomation: Company Snapshot
Table 94. Organomation: Product Segments
Table 95. Organomation: Product Portfolio
Table 96. Heidolph Instruments GmbH & Co. KG: Key Executives
Table 97. Heidolph Instruments GmbH & Co. KG: Company Snapshot
Table 98. Heidolph Instruments GmbH & Co. KG: Product Segments
Table 99. Heidolph Instruments GmbH & Co. KG: Product Portfolio
Table 100. Büchi Labortechnik AG: Key Executives
Table 101. Büchi Labortechnik AG: Company Snapshot
Table 102. Büchi Labortechnik AG: Product Segments
Table 103. Büchi Labortechnik AG: Product Portfolio
Table 104. Büchi Labortechnik AG: Key Stratergies
List of Figures
Figure 01. Solvent Evaporation Market, 2022-2032
Figure 02. Segmentation of Solvent Evaporation Market, 2022-2032
Figure 03. Top Investment Pockets in Solvent Evaporation Market (2023-2032)
Figure 04. High Bargaining Power of Suppliers
Figure 05. Moderate Threat of New Entrants
Figure 06. Moderate Threat of Substitutes
Figure 07. Moderate Intensity of Rivalry
Figure 08. Moderate Bargaining Power of Buyers
Figure 09. Global Solvent Evaporation Market:Drivers, Restraints and Opportunities
Figure 10. Solvent Evaporation Market, by Type, 2022 and 2032 (%)
Figure 11. Comparative Share Analysis of Solvent Evaporation Market for Rotary Evaporators, by Country 2022 and 2032 (%)
Figure 12. Comparative Share Analysis of Solvent Evaporation Market for Centrifugal Evaporators, by Country 2022 and 2032 (%)
Figure 13. Comparative Share Analysis of Solvent Evaporation Market for Others, by Country 2022 and 2032 (%)
Figure 14. Solvent Evaporation Market, by End-user, 2022 and 2032 (%)
Figure 15. Comparative Share Analysis of Solvent Evaporation Market for Pharmaceutical and Biopharmaceutical Industries, by Country 2022 and 2032 (%)
Figure 16. Comparative Share Analysis of Solvent Evaporation Market for Diagnostic Laboratories, by Country 2022 and 2032 (%)
Figure 17. Comparative Share Analysis of Solvent Evaporation Market for Research and Academic Institutes, by Country 2022 and 2032 (%)
Figure 18. Solvent Evaporation Market by Region, 2022 and 2032 (%)
Figure 19. U.S. Solvent Evaporation Market, 2022-2032 ($Million)
Figure 20. Canada Solvent Evaporation Market, 2022-2032 ($Million)
Figure 21. Mexico Solvent Evaporation Market, 2022-2032 ($Million)
Figure 22. Germany Solvent Evaporation Market, 2022-2032 ($Million)
Figure 23. France Solvent Evaporation Market, 2022-2032 ($Million)
Figure 24. UK Solvent Evaporation Market, 2022-2032 ($Million)
Figure 25. Italy Solvent Evaporation Market, 2022-2032 ($Million)
Figure 26. Spain Solvent Evaporation Market, 2022-2032 ($Million)
Figure 27. Rest of Europe Solvent Evaporation Market, 2022-2032 ($Million)
Figure 28. Japan Solvent Evaporation Market, 2022-2032 ($Million)
Figure 29. China Solvent Evaporation Market, 2022-2032 ($Million)
Figure 30. India Solvent Evaporation Market, 2022-2032 ($Million)
Figure 31. Australia Solvent Evaporation Market, 2022-2032 ($Million)
Figure 32. South Korea Solvent Evaporation Market, 2022-2032 ($Million)
Figure 33. Rest of Asia-Pacific Solvent Evaporation Market, 2022-2032 ($Million)
Figure 34. Brazil Solvent Evaporation Market, 2022-2032 ($Million)
Figure 35. Saudi Arabia Solvent Evaporation Market, 2022-2032 ($Million)
Figure 36. South Africa Solvent Evaporation Market, 2022-2032 ($Million)
Figure 37. Rest of LAMEA Solvent Evaporation Market, 2022-2032 ($Million)
Figure 38. Top Winning Strategies, by Year (2020-2023)
Figure 39. Top Winning Strategies, by Development (2020-2023)
Figure 40. Top Winning Strategies, by Company (2020-2023)
Figure 41. Product Mapping of Top 10 Players
Figure 42. Competitive Dashboard
Figure 43. Competitive Heatmap: Solvent Evaporation Market
Figure 44. Top Player Positioning, 2022
Figure 45. Biotage: Net Sales, 2020-2022 ($Million)
Figure 46. Biotage: Revenue Share by Region, 2022 (%)
Figure 47. Ats Corporation: Net Revenue, 2021-2023 ($Million)
Figure 48. Ats Corporation: Revenue Share by Region, 2023 (%)

Executive Summary

According to this report, the solvent evaporation market was valued at $588.45 million in 2022, and is estimated to reach $1 billion by 2032, growing at a CAGR of 5.8% from 2023 to 2032.

The solvent evaporation market is likely to experience a significant growth rate of 5.8% from 2023-2032 owing to increasing market demand of rotary evaporators segment

A solvent evaporation system, also known as a solvent removal system or concentrator, is a specialized laboratory instrument used in various scientific and industrial applications to concentrate or dry solutions by removing the solvent from a sample. This process involves controlled heating and agitation to accelerate the evaporation of the solvent, leaving behind a more concentrated solute or sample. Solvent evaporation systems are essential tools in fields such as pharmaceuticals and biotechnology enabling researchers to efficiently process and purify samples for analysis or further experimentation. These systems are designed with features that allow precise control over temperature, pressure, and agitation to ensure optimal evaporation conditions and consistent results.

In recent years, there has been a significant shift in the pharmaceutical and biotechnology industries towards the development of large molecules, such as proteins, peptides, monoclonal antibodies, and nucleic acids. These large molecules offer immense therapeutic potential, targeting complex diseases with high specificity and reduced side effects. However, their production and purification present challenges, as they often require intricate processing steps and sensitive conditions to maintain their structural integrity and biological activity. Solvent evaporation systems play a crucial role in these processes, enabling the concentration and formulation of large molecule solutions while minimizing the risk of denaturation or aggregation. The precise control offered by solvent evaporation systems ensures that these valuable molecules are handled carefully and efficiently, contributing to the advancement of innovative therapeutic solutions.

Moreover, the evolution of solvent evaporation technology has led to the availability of systems with varying capacities, catering to the diverse needs of laboratories and industries. Researchers and manufacturers can now choose from benchtop systems for small-scale experiments to industrial-scale systems for large-volume processing. This flexibility in system capacity allows for efficient scaling of processes, reducing development time and costs. Small-scale laboratories benefit from compact solvent evaporation systems that offer high-throughput capabilities, enabling rapid experimentation and screening of conditions. For instance, Organomation, an American laboratory equipment manufacturer, offers various capacity of solvent evaporation systems such as S-EVAP-KD 8position 250 ml, 500ml and S-EVAP-KD 10position 250 ml capacity evaporators for laboratory facilities. At the same time, industrial settings can harness the power of high-capacity solvent evaporation systems to process substantial volumes, supporting large-scale production of pharmaceuticals, biologics, and specialty chemicals. For instance, BÜCHI Labortechnik AG, a leading solution provider in laboratory technology, offers Rotavapor R-220 Pro and Rotavapor R-250 EX for industry facilities.

Furthermore, the pharmaceutical and biotechnology sectors are witnessing a rise in the adoption of key strategies, such as product launches and collaborative agreements, to drive innovation and accelerate development timelines. Solvent evaporation systems are integral to these strategies, facilitating the formulation and processing of novel drug candidates and biomolecules. For instance, in July 2020, SP Industries (SP) announced the signing of a partnership agreement with Ecodyst (NC, USA). This partnership agreement will enable SP Genevac brand to be the comprehensive, one-stop-shop for all evaporation solutions. Thus, the adoption of strategies by key players is further driving the market growth.

The global solvent evaporation market is segmented on the basis of type, end user, and region. On the basis of type, the market is classified into rotary evaporators, centrifugal evaporators and others. Rotary evaporators are further segmented into small volume rotary evaporators and large volume rotary evaporators. Others are further segmented into nitrogen blowdown evaporators and spiral air flow evaporators/ smart evaporators/ intelligent evaporators. Depending on end user, it is categorized into pharmaceutical and biopharmaceutical industry, diagnostic laboratories, research and academic institutes. By region, the market is analyzed across North America (U. S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and Rest of LAMEA).

The report provides a comprehensive analysis of the key players that operate in the global solvent evaporation market such as ATS Corporation, BioChromato, Biotage, BÜCHI Labortechnik AG, Heidolph Instruments GmbH & Co. KG, Labconco Corporation, Organomation, Pope Scientific Inc., Steroglass S. r.l. and Yamato Scientific Co., Ltd. Key players operating in the market have adopted product launch, agreement and expansion as their key strategies to expand their product portfolio.

Key Market Insights (Updated) 
- On the basis of type, rotary evaporators segment dominated the market in terms of revenue in 2022.
- On the basis of end-user, the pharmaceutical and biopharmaceutical industry segment dominated the market in terms of revenue in 2022. However, the research and academic Institutes segment is anticipated to grow at the highest CAGR during the forecast period.
- Region wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

Companies Mentioned

  • Yamato Scientific Co., Ltd.
  • Biotage
  • Steroglass S.r.l.
  • Organomation
  • BÜCHI Labortechnik AG
  • Labconco Corporation
  • ATS Corporation
  • BioChromato
  • Pope Scientific Inc.
  • Heidolph Instruments GmbH & Co. KG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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