1 Global Mechanical Vapor Recompression (MVR) Market Size (Revenue) and CAGR (2024-2033)
Global Mechanical Vapor Recompression (MVR) market generated revenue of USD 1222.21 Million in 2024 with a CAGR of 9.9% during 2024 to 2033.
The current situation of the Mechanical Vapor Recompression (MVR) market is characterized by steady growth, driven by increasing demand from various industries such as chemical, food and beverage, and environmental sectors. The market is highly competitive, with a low market concentration ratio, indicating that no single company dominates the market. The top three companies, Howden, GEA, and Suez, held a combined market share of 23.74% in 2021. The market is also influenced by technological advancements, with companies continuously investing in R&D to improve efficiency and reduce costs. Additionally, the market is affected by global economic conditions, such as the impact of the COVID-19 pandemic and the Russia-Ukraine war, which have led to supply chain disruptions and increased raw material costs. Despite these challenges, the MVR market is expected to continue growing, with a CAGR of 9.9% from 2024 to 2033, as industries seek more energy-efficient and sustainable solutions for their processes.
Figure Global Mechanical Vapor Recompression (MVR) Market Size (M USD) Outlook (2024-2033)
2 Mechanical Vapor Recompression (MVR) Market Drivers
Table Market Drivers
Market Drivers | Description |
Technical advantages | Mechanical vapor recompression (MVR) technology is a very advanced and energy-saving evaporation technology in the field of evaporation at home and abroad. In this technology, the secondary steam generated in the evaporation process is compressed by a steam compressor, the pressure and temperature of the secondary steam are increased, and the secondary steam is returned to the evaporator as a heat source to heat the original solution. This process makes full use of the latent heat of the secondary steam to achieve the purpose of circulating heating and replacing fresh steam, saving a lot of energy, greatly reducing the operating cost, truly achieving the triple effects of energy saving, emission reduction and water saving, and greatly reducing the energy consumption and operating cost of related industries. MVR technology is widely used in high-salt wastewater treatment and industrial production. MVR evaporation crystallization technology can separate various salt crystals in wastewater and obtain distilled water with excellent quality; The principle of compression heat pump is adopted, and the fresh steam heat source is replaced by its own exhaust steam through a small amount of power consumption. |
Demand for seawater desalination increases. | Driven by population growth, industrialization, rapid urbanization and climate change, the world urgently needs more clean water. The United Nations estimates that by 2050, the global water demand will surge by 30%. Even today, nearly 2 billion people all over the world still face the pressure of extreme water shortage all year round. As a result of these trends, seawater desalination has become an important measure to alleviate the global water shortage. Seawater desalination is an important way for islands to obtain fresh water. Distillation desalination is the main process of seawater desalination. The application of MVR technology in seawater desalination has been widely promoted in various countries. The combined technology of multi-effect evaporation and MVR not only fully recovers the waste heat, but also has remarkable energy-saving effect and high thermal efficiency. In desert areas, “water is as expensive as oil”, and seawater desalination is the main way to solve the water problem. Global demand for desalination, especially in the Middle East and North Africa, drives the development of mechanical vapor recompression (MVR) industry. |
Wide application field | Mechanical vapor recompression (MVR) technology is widely used in many industrial processes such as concentration, drying and distillation. The evaporation of water from materials or dilute solutions into concentrated solutions by heating is a common process in many kinds of production processes, such as food and beverage and waste acid treatment. In the food and beverage processing industry, there are many milk slurries, such as corn steep liquor, fruit juice, vegetable juice and dairy products, which are evaporated and concentrated, accounting for more than 60% of the energy consumption of the production process. After MVR technology is adopted, the secondary steam can be recovered, heated and pressurized and then returned to the system for heating, and the steam can be saved by more than 60%. After effectively solving the anti-corrosion problems of steam compression and heat exchanger, MVR technology can also be used in the field of waste acid treatment. Not only can the concentrated acid return to the system, but also the alkali liquor used in the neutralization process and the corresponding subsequent treatment costs are saved, thus achieving the dual goals of energy saving and environmental protection. In the process of drying feed, sludge and other materials, a large amount of steam is consumed, which consumes a lot of energy. Using MVR technology in the drying process can greatly save high-pressure steam. Besides being applied in the processes of concentration, drying and distillation, MVR technology has also been popularized in energy-consuming processes such as paper making and salt making. |
3 Global Mechanical Vapor Recompression (MVR) Market by Type in 2024
The global Mechanical Vapor Recompression (MVR) market is segmented into three primary product types based on their evaporation capacity: less than 50 tons/hour, 50-100 tons/hour, and more than 100 tons/hour.
Less than 50 tons/hour MVR Systems
These systems are designed for smaller-scale industrial processes where the evaporation requirement is relatively low. They are commonly used in laboratories, pilot plants, and small production facilities. In 2024, the market size for this segment was significant, reflecting its widespread use across various industries. The market share of this type was the largest among the three categories, indicating its popularity and versatility. The growth rate of this segment was steady, driven by the continuous expansion of small-scale industries and the need for energy-efficient solutions in research and development settings.
50-100 tons/hour MVR Systems
This category caters to medium-sized industrial operations that require a higher evaporation capacity than the smaller systems but do not need the full-scale capabilities of the larger units. These systems are often found in food processing plants, pharmaceutical manufacturing, and medium-scale chemical production facilities. In 2024, the market size for 50-100 tons/hour MVR systems was substantial, and the market share was competitive. The growth rate of this segment was slightly higher than that of the smaller systems, primarily due to the increasing demand from the food and beverage industry, which is a significant consumer of MVR technology for concentration and purification processes.
More than 100 tons/hour MVR Systems
These large-scale systems are designed for heavy industrial applications where high evaporation rates are necessary. They are typically used in large chemical plants, petrochemical refineries, and industrial wastewater treatment facilities. In 2024, the market size for this segment was considerable, reflecting the critical role of MVR technology in large-scale industrial operations. The market share of this type was the smallest among the three categories, but it had the fastest growth rate. This rapid growth can be attributed to the increasing focus on energy efficiency and environmental sustainability in large industries, as well as the growing demand for zero liquid discharge (ZLD) solutions in wastewater treatment.
Table Global Mechanical Vapor Recompression (MVR) Market Size and Share by Type in 2024
Type | Market Size (M USD) | Market Share |
|---|---|---|
Less than 50 tons/hour | 583.21 | 47.7% |
50-100 tons/hour | 325.36 | 26.6% |
More than 100 tons/hour | 313.64 | 25.7% |
Total | 1,222.21 | 100% |
4 Global Mechanical Vapor Recompression (MVR) Market by Application in 2024
The applications of Mechanical Vapor Recompression (MVR) technology span across various industries, each with its unique requirements and market dynamics. The primary applications include the chemical industry, food and beverage, environmental industry, and others.
Chemical Industry
The chemical industry is a significant user of MVR technology, employing it for evaporation, crystallization, and purification processes. In 2024, the market size for MVR applications in the chemical industry was substantial, reflecting the industry’s large-scale production needs and the critical role of MVR in reducing energy consumption and operational costs. The market share of the chemical industry in the MVR market was the largest among all applications, indicating its heavy reliance on this technology. The growth rate of MVR applications in the chemical industry was moderate, driven by the ongoing demand for efficient production processes and the need to meet environmental regulations.
Food and Beverage Industry
The food and beverage industry utilizes MVR technology for the concentration of various products such as milk, juice, and other food ingredients. In 2024, the market size for MVR applications in this sector was significant, and the market share was competitive. The growth rate of MVR applications in the food and beverage industry was relatively high, primarily due to the increasing demand for concentrated products and the need to reduce water usage and energy consumption in production processes.
Environmental Industry
The environmental industry, particularly in the area of wastewater treatment, has seen a growing adoption of MVR technology for zero liquid discharge (ZLD) solutions and salt brine concentration. In 2024, the market size for MVR applications in the environmental industry was considerable, and the market share was growing. The growth rate of MVR applications in the environmental industry was the fastest among all applications, driven by the increasing focus on sustainable water management and the need to comply with stricter environmental regulations.
In conclusion, the Mechanical Vapor Recompression (MVR) market in 2024 was characterized by a diverse range of product types and applications, each with its unique market dynamics. The less than 50 tons/hour MVR systems had the largest market share, while the more than 100 tons/hour systems had the fastest growth rate. In terms of applications, the chemical industry had the largest market share, but the environmental industry showed the fastest growth rate, highlighting the increasing importance of MVR technology in addressing environmental challenges and promoting sustainable industrial practices.
Table Global Mechanical Vapor Recompression (MVR) Market Size and Share by Application in 2024
Application | Market Size (M USD) | Market Share |
|---|---|---|
Chemical Industry | 354.97 | 29.1% |
Food and Beverage | 313.22 | 25.6% |
Environmental Industry | 260.50 | 21.3% |
Others | 293.52 | 24.0% |
Total | 1,222.21 | 100% |
5 Global Mechanical Vapor Recompression (MVR) Market by Region in 2024
The global Mechanical Vapor Recompression (MVR) market in 2024 was characterized by significant regional variations in market size and share, reflecting the diverse economic and industrial landscapes of each region. The major regions analyzed include North America, Europe, China, Japan, the Middle East and Africa, India, and South America.
North America
North America, comprising the United States, Canada, and Mexico, had a substantial market size for MVR systems in 2024. The region’s market was driven by a combination of advanced industrial infrastructure, a focus on energy efficiency, and stringent environmental regulations. The United States, in particular, contributed significantly to the regional market size due to its large-scale chemical and food processing industries. In 2024, the North American MVR market size was considerable, and the region held a significant share of the global market.
Europe
Europe, with its diverse economic activities and strong industrial base, also had a large market size for MVR systems in 2024. The region’s market was influenced by the presence of numerous small and medium-sized enterprises (SMEs) in the chemical, pharmaceutical, and food and beverage sectors. The European Union’s emphasis on sustainable development and energy efficiency further propelled the adoption of MVR technology. In 2024, Europe’s MVR market size was competitive, and the region maintained a robust market share globally.
China
China emerged as the largest regional market for MVR systems in 2024, both in terms of market size and revenue. The country’s rapid industrialization, growing middle class, and significant investments in infrastructure and environmental protection contributed to the high demand for MVR technology. China’s chemical and food processing industries, in particular, were major drivers of the MVR market. The government’s policies to promote energy conservation and reduce pollution also played a crucial role in the market’s growth. In 2024, China’s MVR market size was the largest globally, and the region’s revenue was significantly higher than other regions.
Japan
Japan, known for its advanced technology and high-quality manufacturing, had a notable market size for MVR systems in 2024. The country’s market was driven by the food and beverage industry, which is a significant consumer of MVR technology for concentration and purification processes. Japan’s focus on innovation and energy efficiency also contributed to the market’s growth. In 2024, Japan’s MVR market size was substantial, and the region held a significant share of the global market.
Middle East and Africa
The Middle East and Africa region had a growing market size for MVR systems in 2024, driven by the increasing demand for desalination and industrial wastewater treatment. The region’s abundant oil reserves and growing industrial activities contributed to the market’s expansion. In 2024, the Middle East and Africa’s MVR market size was on the rise, and the region showed a promising growth trajectory.
India
India’s MVR market size in 2024 was significant, reflecting the country’s growing industrial sector and focus on sustainable development. The chemical and food processing industries were major contributors to the market’s growth. India’s large population and increasing demand for clean water and energy-efficient solutions also played a crucial role in the market’s expansion. In 2024, India’s MVR market size was substantial, and the region showed a high growth rate.
South America
South America’s MVR market size in 2024 was influenced by the region’s diverse economic activities and growing industrial base. Brazil, in particular, contributed significantly to the regional market size due to its large-scale chemical and food processing industries. In 2024, South America’s MVR market size was competitive, and the region showed a steady growth rate.
In summary, China was the largest regional market for MVR systems in 2024, both in terms of market size and revenue. The Middle East and Africa showed the fastest growth rate, driven by the increasing demand for desalination and industrial wastewater treatment.
Table Global Mechanical Vapor Recompression (MVR) Market Size, Region Wise in 2024
Region | Market Size (M USD) | Market Share |
|---|---|---|
North America | 261.21 | 21.37% |
Europe | 318.83 | 26.08% |
China | 370.78 | 30.33% |
Japan | 69.20 | 5.66% |
Middle East and Africa | 54.44 | 4.45% |
India | 65.01 | 5.32% |
South America | 45.57 | 3.73% |
Total | 1,222.21 | 100% |
Figure Global Mechanical Vapor Recompression (MVR) Market Share, Region Wise in 2024
6 Global Mechanical Vapor Recompression (MVR) Market Top 3 Players
Company Introduction and Business Overview: Howden, established in 1854 and based in Renfrew, United Kingdom, is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) products. The company produces highly engineered fans, compressors, heat exchangers, steam turbines, and other air and gas handling equipment. Howden serves a diverse range of end-markets and applications, providing service, software, and support to customers worldwide.
Products Offered: Howden offers a comprehensive range of MVR systems, including compressors and blowers designed for various industrial applications. Their MVR installations are known for their efficiency, reliability, and long-term operation. Howden has installed over 2,500 MVR compressors in more than 70 countries, making them a global leader in the field.
Revenue in 2022: In 2022, Howden’s revenue from MVR systems was significant, reflecting their strong market position and extensive customer base. The company’s focus on innovation and customer service contributed to its continued growth and success in the MVR market.
Company Introduction and Business Overview: GEA, established in 1881 and headquartered in Duesseldorf, Germany, is one of the world’s largest systems suppliers for the food, beverage, and pharmaceutical sectors. GEA’s portfolio includes machinery, plants, advanced process technology, components, and comprehensive services. The company’s solutions enhance the sustainability and efficiency of production processes globally.
Products Offered: GEA offers a range of MVR and TVR (Thermal Vapor Recompression) solutions for distillation and evaporation processes. Their MVR systems are designed to minimize steam consumption and operate at lower temperature levels, making them highly efficient and cost-effective. GEA’s MVR technology is particularly popular in the food and beverage industry for its gentle evaporation process and energy-saving capabilities.
Revenue in 2022: In 2022, GEA’s revenue from MVR systems was substantial, reflecting their strong presence in the global market. The company’s commitment to innovation and quality has helped it maintain a competitive edge in the MVR industry.
Company Introduction and Business Overview: Suez, a global leader in water and waste management, provides equipment and services for potable water supply, waste collection, recycling, recovery, treatment, and disposal. The company serves customers worldwide, with a strong focus on sustainable solutions and environmental protection.
Products Offered: Suez offers ZLD (Zero Liquid Discharge) crystallizers and integrated MVR solutions for wastewater treatment. Their MVR technology is designed to reduce wastewater streams to dry solids, leaving behind clean water and solid salt crystals. Suez’s MVR systems are known for their efficiency, minimal energy consumption, and ease of operation.
Revenue in 2022: In 2022, Suez’s revenue from MVR systems was significant, reflecting their strong market position in the environmental sector. The company’s focus on sustainable solutions and advanced technology has helped it maintain a leading role in the MVR market.
Table Global Mechanical Vapor Recompression (MVR) Revenue Share of Top3 Players in 2022
Company | 2022 |
Howden | 10.19% |
GEA | 6.82% |
Suez | 6.33% |