Middle East & Africa Solvent Evaporation Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Rotary Evaporators, Nitrogen Blowdown Evaporators, Centrifugal Evaporators, and Spiral Air Flow Evaporators) and End User (Pharmaceutical and Biopharmaceutical Industry, Diagnostic Laboratories, and Research and Academic Institutes)

Code: TIPRE00024963 | Pages: 114 | Industry: Pharmaceuticals | Date: Sep 2021
Covid

Market Introduction

The Middle East & South Africa consists of three major countries, namely United Arab Emirates (UAE), Saudi Arabia, South Africa, and rest of MEA. Rest of MEA is the largest market for solvent evaporation owing to the rising pharmaceutical and biotech industry. Saudi Arabia is also one of the largest markets across the region. In Saudi Arabia, the government plans to spend almost US$13.3 billion (50 billion Riyals) by 2020 on an initiative to promote entertainment, health, sport, and education. This investment helps pharma and biotech companies to support its R&D for innovation medicines. Therefore, the increase in better facilities for health and education are likely to create good opportunities for the solvent evaporation Market. Thus, the market is likely to grow with a good growth rate in the country during the forecast years. The rising an investment in pharmaceutical industries will create the demand of solvent evaporation in the UAE. The public and private funding helps pharma sector to spreads its footprint in Middle east region. As solvent evaporation majorly used in development of drugs, so investment in pharma research boosts the growth of the solvent evaporation market. South Africa is the largest pharmaceutical market in Sub-Saharan Africa region. In South Africa the market for patented drugs is around USD 1.7 billion in 2019. This high market cap for innovator drugs influence the other pharma company to discover, develops and market the innovative drugs in the South African market. This create demand for solvent evaporators used in research and development field. As rising R&D activities is likely to boost the market during the forecast period.

In case of COVID-19, MEA is highly affected especially Turkey followed by South Africa, Iran, and Saudi Arabia. Economic uncertainties and ongoing conflicts are worsening the condition in the region. For instance, countries such as Syria, Libya, and Yemen are suffering violent conflict and cannot implement any public health measures. Iran was in deep economic recession due to the US sanctions. Also, the major source of economic stabilization in Middle East countries is oil production and export. However, the recent pandemic is causing turbulence to the economies of the Middle East region. A sudden drop in domestic and external demand for goods and products, especially crude oil, and halted production due to labor shortage, are major impacts observed in the region. The Saudi government policies are favored of domestic pharmaceutical manufacturers including not any import duties on raw materials & intermediate products and interest-free funding support the growth of the pharmaceutical market in this region. As solvent evaporation majorly used in drug development phase, so there was low impact of covid-19 on the solvent evaporation market.


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Market Overview and Dynamics

The MEA solvent evaporation market is expected to grow from US$ 28.16 million in 2021 to US$ 41.97 million by 2028; it is estimated to grow at a CAGR of 5.9% from 2021 to 2028. Escalating product launches across the region is expected to fuel the market growth. The introduction of new products for delivering high performance and sample capacities during research activities is bolstering the growth of the MEA solvent evaporation market. New technologies or products are being developed to deliver maximum precision and accuracy as well as to enhance the evaporation process, along with ensuring safety of workforce during the evaporation process. In July 2020, BUCHI Labortechnik AG launched SyncorePlus, a fully automated solution for parallel evaporation, featuring high accuracy and precision, and process safety during the evaporation process. Similarly, in October 2020, another distributor attended the Lab 2020 from Oct 28 to Oct 30, 2020. Many new products were displayed at the exhibition and attracted many users’ inquiries and visits. This helps the company to provide trade opportunity for laboratory equipment industry in the MEA region.

Key Market Segments

In terms of type, the rotary evaporators segment accounted for the largest share of the MEA solvent evaporation market in 2020. In terms of end user, the pharmaceutical and biopharmaceutical industry segment held a larger market share of the MEA solvent evaporation market in 2020.   

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the MEA solvent evaporation market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Apricot Designs, Inc.; Biotage AB; Büchi Labortechnik AG; Heidolph Instruments GmbH & CO. KG; IKA Werke GmbH & CO. KG; KNF NEUBERGER, INC.; LabTech S.r.l.; Organomation Associates, Inc.; Porvair plc; SCINCO CO.,LTD.; and Yamato Scientific co., ltd.

Reasons to buy report

  • To understand the MEA solvent evaporation market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for MEA solvent evaporation market
  • Efficiently plan M&A and partnership deals in MEA solvent evaporation market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form MEA solvent evaporation market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in MEA region

MEA Solvent Evaporation Market Segmentation  

MEA Solvent Evaporation Market - By Type

  • Rotary Evaporators
    • Small-Volume Rotary Evaporators
    • Large-Volume Rotary Evaporators
  • Nitrogen Blowdown Evaporators
  • Centrifugal Evaporators
  • Spiral Air Flow Evaporators

MEA Solvent Evaporation Market - By End User

  • Pharmaceutical and Biopharmaceutical Industry
  • Diagnostic Laboratories
  • Research and Academic Institutes

MEA Solvent Evaporation Market - By Country

  • Saudi Arabia 
  • South Africa        
  • UAE
  • Rest of MEA

MEA Solvent Evaporation Market - Company Profiles

  • Apricot Designs, Inc.
  • Biotage AB
  • Büchi Labortechnik AG
  • Heidolph Instruments GmbH & CO. KG
  • IKA Werke GmbH & CO. KG
  • KNF NEUBERGER, INC.
  • LabTech S.r.l.
  • Organomation Associates, Inc.
  • Porvair plc
  • SCINCO CO.,LTD.
  • Yamato Scientific co., ltd.

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        MEA Solvent Evaporation Market – By Type

1.3.2        MEA Solvent Evaporation Market – By End User

1.3.3        MEA Solvent Evaporation Market – By Country

2.           MEA Solvent Evaporation Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           MEA Solvent Evaporation Market – Market Landscape

4.1         Overview

4.2         MEA PEST Analysis

4.3         Expert Opinion

5.           MEA Solvent Evaporation Market – Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Surging R&D Expenditure in Pharma Industry

5.1.2        Escalating Product Launches

5.2         Key Restraints

5.2.1        Obstacles Such as Inaccuracies in Results and Wastage of Resources

5.3         Key Opportunities

5.3.1        Growth of Biotech Industries in Developing Countries

5.4         Future Trend

5.4.1        Burgeoning Use of Advanced Solvent Evaporator

5.5         Impact Analysis

6.           Solvent Evaporation Market – MEA Analysis

6.1         Overview

6.2         MEA Solvent Evaporation Market Revenue Forecast and Analysis

7.           MEA Solvent Evaporation Market Analysis– By Type

7.1         Overview

7.2         MEA Solvent Evaporation Market Share, by Type, 2020 and 2028 (%)

7.3         Rotary Evaporators

7.3.1        Overview

7.3.2        Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

7.3.3        Small-Volume Rotary Evaporators

7.3.3.1          Overview

7.3.3.2          Small-Volume Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

7.3.4        Large-Volume Rotary Evaporators

7.3.4.1          Overview

7.3.4.2          Large-Volume Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

7.4         Nitrogen Blowdown Evaporators

7.4.1        Overview

7.4.2        Nitrogen Blowdown Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

7.5         Centrifugal Evaporators

7.5.1        Overview

7.5.2        Centrifugal Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

7.6         Spiral Air Flow Evaporators

7.6.1        Overview

7.6.2        Spiral Air Flow Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

8.           MEA Solvent Evaporation Market Analysis – By End User

8.1         Overview

8.2         MEA Solvent Evaporation Market Share, by End User, (%)

8.3         Pharmaceutical And Biopharmaceutical Industry

8.3.1        Overview

8.3.2        Pharmaceutical and Biopharmaceutical Industry: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

8.4         Diagnostic Laboratories

8.4.1        Overview

8.4.2        Diagnostic Laboratories: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

8.5         Research And Academic Institutes

8.5.1        Overview

8.5.2        Research and Academic Institutes: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

9.           MEA Solvent Evaporation Market – Country Analysis

9.1         MEA

9.1.1        Overview

9.1.2        MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Country (%)

9.1.3        UAE Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.3.1          UAE: Solvent Evaporation Market – Revenue and Forecast to 2028 (USD Million)

9.1.3.2          UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

9.1.3.2.1          UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

9.1.3.3          UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

9.1.4        Saudi Arabia: Solvent Evaporation Market, by Country, 2020 & 2028 (%)

9.1.5        Saudi Arabia: Solvent Evaporation Market – Revenue and Forecast to 2028 (USD Million)

9.1.5.1          Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

9.1.5.1.1          Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

9.1.5.2          Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

9.1.6        South Africa Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.6.1          South Africa Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.6.2          South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

9.1.6.2.1          South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

9.1.6.3          South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

9.1.7        Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.7.1          Rest of MEA: Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

9.1.7.2          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

9.1.7.2.1          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

9.1.7.3          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

10.        Impact of COVID-19 Pandemic on MEA Solvent Evaporation Market

10.1      MEA: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Organic Developments

11.2.1     Overview

11.3      Inorganic Developments

11.3.1     Overview

12.        Company Profiles

12.1      Büchi Labortechnik AG

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Biotage AB

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Heidolph Instruments GmbH & CO. KG

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Yamato Scientific co., ltd.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Porvair plc

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      IKA Werke GmbH & CO. KG

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      KNF NEUBERGER, INC.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Organomation Associates, Inc.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Apricot Designs, Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   LabTech S.r.l.

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

12.11   SCINCO CO.,LTD.

12.11.1  Key Facts

12.11.2  Business Description

12.11.3  Products and Services

12.11.4  Financial Overview

12.11.5  SWOT Analysis

12.11.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary of Terms

LIST OF TABLES

Table 1.             MEA Solvent Evaporation Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

Table 3.             UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

Table 4.             UAE Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

Table 5.             Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

Table 6.             Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

Table 7.             Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$

Table 8.             South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

Table 9.             South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

Table 10.          South Africa Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

Table 11.          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Type (US$ Mn)

Table 12.          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Rotary Evaporators (US$ Mn)

Table 13.          Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By End User (US$ Mn)

Table 14.          Organic Developments Done by Companies

Table 15.          Inorganic Developments Done by Companies

Table 16.          Glossary of Terms

LIST OF FIGURES

Figure 1.           MEA Solvent Evaporation Market Segmentation

Figure 2.           MEA Solvent Evaporation Market, By Country

Figure 3.           MEA Solvent Evaporation Market Overview

Figure 4.           The Rotary Evaporators Held Largest Share by Type Segment in Market

Figure 5.           Saudi Arabia is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           MEA PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           MEA Solvent Evaporation Market: Impact Analysis of Drivers and Restraints

Figure 9.           MEA Solvent Evaporation Market – Revenue Forecast and Analysis to 2028

Figure 10.        MEA Solvent Evaporation Market Share, by Type, 2020 and 2028 (%)

Figure 11.        MEA Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 12.        MEA Small-Volume Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 13.        MEA Large-Volume Rotary Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 14.        MEA Nitrogen Blowdown Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 15.        MEA Centrifugal Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 16.        MEA Spiral Air Flow Evaporators: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 17.        MEA Solvent Evaporation Market Share, by End User, 2020 and 2028 (%)

Figure 18.        MEA Pharmaceutical and Biopharmaceutical Industry: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 19.        MEA Diagnostic Laboratories: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 20.        MEA Research and Academic Institutes: Solvent Evaporation Market– Revenue and Forecast to 2028 (USD Million)

Figure 21.        MEA Solvent Evaporation Market Revenue Overview, by Country (2020) (us $ Mn)

Figure 22.        MEA Solvent Evaporation Market Revenue and Forecasts to 2028, By Country (%)

Figure 23.        UAE Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 24.        Saudi Arabia Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 25.        South Africa Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 26.        Rest of MEA Solvent Evaporation Market Revenue and Forecasts to 2028 (US$ Mn)

Figure 27.        Impact of COVID-19 Pandemic in MEA Country Markets

  1. Apricot Designs, Inc.
  2. Biotage AB
  3. Büchi Labortechnik AG
  4. Heidolph Instruments GmbH & CO. KG
  5. IKA Werke GmbH & CO. KG
  6. KNF NEUBERGER, INC.
  7. LabTech S.r.l.
  8. Organomation Associates, Inc.
  9. Porvair plc
  10. SCINCO CO.,LTD.
  11. Yamato Scientific co., ltd.
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