Solvent Evaporation Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Solvent Evaporation Market is segmented By Type (Nitrogen Blowdown Evaporators, Rotary Evaporators, Centrifugal Evaporators, and Spiral Air Flow Evaporators), End User (Research and Academic Institutes, Diagnostic Laboratories, and Pharmaceutical and Biopharmaceutical Industry), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America).

Market Snapshot

solvent evaporation market overview
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 4.5 %

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Market Overview

The solvent evaporation market is expected to register a CAGR of 4.5% during the forecast period. This is attributing to increasing R&D expenditure, a growing development of large-molecule biopharmaceuticals, increasing demand for pure samples in the end-use markets. 

The solvent evaporation technique is widely used in sample preparation across pharmaceutical industries. Thus, the increasing use of this technology, coupled with growing development in the novel drug, is propelling the market. 

Moreover, the benefits of solvent evaporation techniques compared to other preparation methods, such as sonication and spray drying, are widely used in microencapsulation and floating microspheres. Furthermore, the rising demand to obtain the highest purity in drugs with rising demand for laboratory automation is likely to fuel the solvent evaporation market.

Scope of the Report

As per the scope, solvent evaporation is an important technique used in preparing polymeric nanoparticle for pharmaceutical formulation. This technique involves the emulsification of an organic solvent, which comprise of dissolved polymer and dissolved dispersed drug in the continuous phase. The solvent evaporation market is segmented by type, end user, and geography.

By Type
Nitrogen Blowdown Evaporators
Rotary Evaporators
Centrifugal Evaporators
Spiral Air Flow Evaporators
By End User
Research and Academic Institutes
Diagnostic Laboratories
Pharmaceutical and Biopharmaceutical Industry
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa
GCC
South Africa
Rest of Middle-East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Rotary Evaporator in Solvent Evaporation Market is Estimated to Witness a Healthy Growth in Future.

A rotary evaporator is estimated to witness healthy growth in the future due to the increasing demand for pure samples in pharmaceutical and biotechnology industries and wide application in food technology, environmental engineering, and diagnosing laboratory. These rotary evaporator plays a major role in efficient extraction of solvent through evaporation which is an important step in developing pure samples in several industries. The increasing R&D expenditures worldwide may also propel the solvent evaporation market due to several benefits associated with this technique.

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North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period

North America is expected to hold a significant market share in the global solvent evaporation market due to increasing R&D expenditure, rising growth in biosimilars and generics markets, increasing healthcare expenditure, and the presence of well-established healthcare infrastructure. Moreover, the United States is the largest market for biopharmaceuticals. It is the world leader in biopharmaceuticals R&D. As per the Pharmaceuticals Research and Manufacturers Association (PhRMA), the United States holds the most R&D centers worldwide in the pharmaceutical sector. Thus, the increasing number of pharmaceutical manufacturers is expected to boost the demand for this technique and further drive the market studied in the United States.

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Competitive Landscape

The solvent evaporation market is moderately competitive and consists of several major players. Some of the companies in this market include Biotage, Buchi Labortechnik AG, Heidolph Instruments GmbH & CO. KG, Labconco, Yamato Scientific Co., Porvair PLC, KNF Neuberger Inc., and Steroglass Srl.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing R&D Expenditure

      2. 4.2.2 Growing Development of Large-molecule Biopharmaceuticals

      3. 4.2.3 Increasing Demand for Pure Samples in the End-user Markets

    3. 4.3 Market Restraints

      1. 4.3.1 High Manufacturing and Product Cost

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Nitrogen Blowdown Evaporators

      2. 5.1.2 Rotary Evaporators

      3. 5.1.3 Centrifugal Evaporators

      4. 5.1.4 Spiral Air Flow Evaporators

    2. 5.2 By End User

      1. 5.2.1 Research and Academic Institutes

      2. 5.2.2 Diagnostic Laboratories

      3. 5.2.3 Pharmaceutical and Biopharmaceutical Industry

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle-East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Biotage

      2. 6.1.2 Buchi Labortechnik AG

      3. 6.1.3 Heidolph Instruments GmbH & CO. KG

      4. 6.1.4 Labconco

      5. 6.1.5 Yamato Scientific Co.

      6. 6.1.6 Porvair PLC

      7. 6.1.7 KNF Neuberger Inc.

      8. 6.1.8 Steroglass Srl

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Solvent Evaporation Market market is studied from 2018 - 2026.

The Solvent Evaporation Market is growing at a CAGR of 4.5% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Biotage, Buchi Labortechnik AG, Heidolph Instruments GmbH & CO. KG, Labconco, Yamato Scientific Co. are the major companies operating in Solvent Evaporation Market.

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