As per the latest analysis by Reports and Data, the global market for Deodorization Systems was valued at USD 3,491.8 Million in 2020 and is anticipated to reach USD 4,629.6 Million by 2028, with a Compound Annual Growth Rate (CAGR) of 4.14%. The increasing demand for edible oil for household use, growing demand for deodorizer distillates for industrial purposes, and strict regulations governing oil production are some of the significant factors driving the market growth in the near future. Deodorization is a process that involves steam deprivation, in which high-quality steam generated from de-aerated and adequately treated feedwater is injected into soybean liquid at low absolute pressure and sufficiently high temperature to vaporize Free Fatty Acid (FFA) and odoriferous compounds and carry away these volatiles from the feedstock. Deodorization is the fourth step in vegetable oil refining, following the completion of the bleaching process. This technique significantly impacts the quality of the refined liquid and is considered the heart of the entire edible liquid refining process. The process is performed on specially manufactured Deodorizer Pressure Vessels designed and applied for this purpose.
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Top Companies Operating in the Global Towers Deodorization Systems Market Report:
Alfa Laval AB (Sweden), Desmet Ballestra (Belgium), Crown Iron Works (US), Compro International (Canada), Zhengzhou Sunshine Machinery Co. Inc. (China), Luohe Zhonzhiyuan Grains Oil Machinery Co. Inc (China), Myande Group (China), Goyum Screw Press Pvt. Ltd. (India), HUM Technologies (Turkey), Andreotti Impianti S.p.A (Italy), DVC Process Technologists Pvt. Ltd. (India), and Gianazza International S.p.A. (Italy)).
Driving Factors of Towers Deodorization Systems Market
- Increasing demand for edible oil for domestic use: The demand for edible oil has been increasing worldwide due to the rising population and changing food habits. Deodorization systems are used in the refining process of edible oils to remove unwanted odors and flavors, making it suitable for human consumption.
- Growing demand for deodorizer distillates for industrial use: Deodorizer distillates are used in various industries, such as food processing, cosmetics, and pharmaceuticals, as they contain valuable components such as tocopherols, sterols, and free fatty acids. This has led to an increase in the demand for deodorization systems in the industrial sector.
- Stringent regulations imposed on the production of oil: Governments worldwide have imposed strict regulations on the production of oil to ensure the quality and safety of the end product. Deodorization systems play a crucial role in meeting these regulations by removing impurities, odors, and flavors from the oil.
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For the purpose of helping readers make profitable business decisions, the report is written with industry analysts, market segmentation, and data collection. In addition to providing detailed information on technical and product advances, this report also discusses market value, growth rates, and niche market segments in detail.
An analysis of the Towers Deodorization Systems Market has been carried out by segmenting it into key regions and offering information on growth rates, market shares, current and emerging trends, production and consumption ratios, analysis of the industrial chain, demand and supply, imports and exports, revenue contributions, and the presence of key players in each region. To gain a better understanding of the regional spread of and progress of the Towers Deodorization Systems Market, a country-by-country analysis of the market is provided in the report.
The global Towers Deodorization Systems Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Component (Revenue, USD Million; 2018–2028)
- Pumps
- Towers
- Coolers
- Oil and Water Management Systems
- Tanks
Technology (Revenue, USD Million; 2018–2028)
- Thin Film
- Packed Column
Refining Method (Revenue, USD Million; 2018–2028)
- Physical Refining
- Chemical Refining
Operation (Revenue, USD Million; 2018–2028)
- Batch Deodorization Systems
- Semi-Continuous Systems
- Continuous Deodorization Systems
Edible Oil (Revenue, USD Million; 2018–2028)
- Soybean
- Olive
- Peanut
- Rapeseed/Canola
- Sunflower
- Palm Kernel
- Cottonseed
- Coconut
- Palm
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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