Structured Packing Market
Structured Packing Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Structured Packing Market Size and Growth
The Structured Packing market is experiencing robust growth, driven by increasing demand in chemical, petrochemical, and pharmaceutical sectors. As of 2023, the market size is estimated to be valued at approximately $2 billion, with a projected CAGR of around 5% through 2028, influenced by technological advancements and sustainability trends.
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Companies Covered
(Covid 19 Impact Covered)
◍ Sulzer
◍ Koch-Glitsch
◍ Munters
◍ AWS Corporation
◍ Raschig
◍ HAT International
◍ Matsui Machine
◍ Montz
◍ RVT Process Equipment
◍ MACH Engineering
The structured packing market features key players like Sulzer, Koch-Glitsch, and Munters, each offering innovative solutions for efficiency in mass transfer processes. These companies enhance market growth through product development and customer-focused services. For example, Sulzer reported revenues of approximately $3 billion, while Koch-Glitsch contributes significantly to the sector.
◍ Jiangxi Kailai Chemical Packing Co., Ltd.
◍ Lantec Products
◍ Ningbo Keyang Chemical Packing Co., Ltd.
Market Segmentation
By Application
Chemical Industry
Petroleum Industry
Others
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By Product
Market Growth
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$ 3.30 Billion
