Published on : Feb 26, 2020
A recent market research report added in the vast research report repository of ResearchMoz that talks about the global laboratory rotary evaporators market and its overall working dynamics. This report of the laboratory rotary evaporators market offers comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies.
The rotary evaporator is an instrument utilized for evaporation of a solvent under vacuum and consists of a heating bath with a rotating flask. The liquid is distributed as a thin film over the hot wall surfaces, which enables it to evaporate easily. The rate of evaporation is regulated by various factors such as the size of the flask, speed of rotation, heating bath temperature, and the pressure of distillation. The rotary evaporator is used for solvent separation studies and has numerous applications in areas of environmental engineering, pharmaceutical and laboratory testing, chemical engineering, and food technology.
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The global laboratory rotary evaporators market is expected to attain significant progress in the coming years of the given forecast period of 2019 to 2025. There are several factors that are helping to drive the growth of the global laboratory rotary evaporators market. The strong technological advancements propelling the improvement of workflows, integration with other laboratory devices through digitalization, and automation of rotary evaporators are boosting the expansion of the market. Additionally, the proliferation in research and development plants of major biopharmaceutical companies is further driving the growth of the global market. High quality material providing high longevity and effective rotary evaporators for limited budgets are among the few more factors driving the advancement of the global market.
The global laboratory rotary evaporators market is segmented on the basis of the type of product, application, and region. This segmentation allows the readers with a comprehensive outline of the global market and gives elaborate details about the overall operational dynamics of the same.
In terms of the type of product, the global laboratory rotary evaporator market is further segmented into large rotary evaporator, medium rotary evaporator, and small rotary evaporator.
In terms of application, the global laboratory rotary evaporators market is further segmented into food & pharmaceutical, petroleum & chemical, and others. Of these, the food & pharmaceutical segment of the global laboratory rotary evaporators market is expected to progress at a remarkable pace in the coming years of the forecast period. A rise in the research and development needs of biopharmaceutical companies is fueling the demand for the global laboratory rotary evaporators.
In terms of regional segmentation, the global laboratory rotary evaporators market has five major regions. These regions are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Of these, the regional segment of North America is expected to be a major contributor to the progress of the global laboratory rotary evaporators market due to the presence of a large number of established key players. Asia Pacific region is also expected to develop at a considerable pace owing to the high funding from government organizations for research and development of low cost therapeutic products which is propelling the demand for laboratory evaporators.
Some of the leading companies in the global laboratory rotary evaporators market include names such as Yu Hua Instrument, BUCHI, LabTech, IKA, Jisico, Yamato Scientific Co., Ltd, Auxilab, Heidolph Instruments, Steroglass, Stuart Equipment, and Tokyo Rikakikai among others.