DUBLIN--(BUSINESS WIRE)--The "Solvent Evaporation Market - Growth, Trends and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
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 end-use markets. As the solvent evaporation technique is widely used in sample preparation across pharmaceutical industries thus with the increasing use of this technology coupled with growing development in the novel drug is propelling the market.
Moreover, the benefits associated with solvent evaporation techniques compared to another preparation method such as sonication, spray drying results in widely used in microencapsulation and floating microspheres process. Furthermore, the rising demand to obtain the highest purity in drugs with rising demand for laboratory automation will also fuel the solvent evaporation market.
Key Market Trends
Rotary Evaporators Estimated to Witness Healthy Growth
A rotary evaporator is estimated to witness healthy growth in the future attributed to the increasing demand for pure samples in pharmaceutical & biotechnology industries and wide application in food technology, environmental engineering and in diagnosing laboratory.
These rotary evaporator plays a major role in efficient extraction of solvent through evaporation which is important step in developing pure samples in several industries. Increasing R&D expenditure worldwide will also propels solvent evaporation market due to several benefits associated with this techniques.
North America Expected to Hold a Significant Share
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 and is the world leader in biopharmaceuticals R&D. As per Pharmaceuticals Research and Manufacturers Association (PhRMA), United States holds over the worlds R&D in the pharmaceutical sector thus with the increasing number of pharmaceutical manufacturers will boost the demand of this techniques and further drive the solvent evaporation market in this region
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 S.r.l.
Key Topics Covered
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing R&D Expenditure
4.2.2 Growing Development of Large-Molecule Biopharmaceuticals
4.2.3 Increasing Demand for Pure Samples in End-Use Markets
4.3 Market Restraints
4.3.1 High Manufacturing and Product Cost
4.4 Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Nitrogen Blowdown Evaporators
5.1.2 Rotary Evaporators
5.1.3 Centrifugal Evaporators
5.1.4 Spiral Air Flow Evaporators
5.2 By End-user
5.2.1 Research & Academic Institutes
5.2.2 Diagnostic laboratories
5.2.3 Pharmaceutical & Biopharmaceutical Industry
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Middle-East & Africa
5.3.5 South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Biotage
6.1.2 Buchi Labortechnik AG
6.1.3 Heidolph Instruments GmbH & Co. KG
6.1.4 Labconco
6.1.5 Yamato Scientific Co.
6.1.6 Porvair plc
6.1.7 KNF Neuberger, Inc.
6.1.8 Steroglass S.r.l.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/4lm7zd
