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 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)).
Further key findings from the report suggest
- The Deodorization Systems market is growing at a CAGR of 2% in the Asia Pacific, followed by North America and Europe. The Asia-Pacific is showing significant growth due to the presence of key manufacturers and suppliers, and an increase in investment by the installation of manufacturing plants expected to boost the market in upcoming years.
- Based on the component, the market is into Pumps, Towers, Coolers, Oil and Water Management Systems, and Tanks. The coolers play a significant role in the processing of lubricants in system in such a way that the temperature of the oil to be processed varies according to the type of lubricants such as liquid cottonseed, liquid soybean, safflower, corn, sunflower, and palm olein lubricants should be cooled down to <100°F (38°C) and not beyond 110°F, Palm oil and palm stearin must be cooled down to <120°F, Hydrogenated products must be cooled down to a temperature not exceeding 10°F (5°C) above the complete melt point.
- Based on Technology, the market is categorized into a thin film and packed column. The packed column section in the deodorization systems industry is projected to be the fastest-growing segment as packed column technology employs a dual temperature system, which allows the deodorizer to operate at two separate temperatures. This allows the system to achieve a better balance in terms of the residence time for deodorization, thereby allowing the deodorization equipment to process edible oils at various temperature and pressure requirements.
- By refining method, the industry is segmented into Physical Refining and Chemical Refining. The chemical refining segment is expected to hold a significant industry share in the deodorization systems during the forecast period as it is a relatively efficient method for reducing the fatty acid content in crude oil with a higher boiling point. This technique used to treat the oil with high free fatty acid content.
- By edible oil, The palm oilsegment dominates the industry as palm oil can easily be refined and has lower costs. Palm oils have a superior tocopherol content, which is supported by commercial enterprises as this results in better stability in these liquids, thereby enhancing their shelf life. Malaysia and Indonesia are among the key players in the industry.
- The Asia Pacific market expected to grow at the highest CAGR in the Deodorization Systems industry due to the enormous growth opportunity of the food and beverage and industries in countries such as India, China, Indonesia, Vietnam, South Korea, Thailand and Malaysia.
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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 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 Deodorization Systems market, a country-by-country analysis of the market is provided in the report.
The global 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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