Upcoming Growth Trends in the Deodorization Systems Market

Northbrook, USA, 2020-Feb-17 — /EPR Network/ — The deodorization systems market is estimated at USD 3.4 billion in 2018 and is projected to reach USD 4.3 billion by 2023, at a CAGR of 4.9%. Increasing industrialization and rapid urbanization have fueled the demand for reactive deodorization technology, which has significantly contributed to the growth of the market. Imposition of stringent regulations pertaining to oils with lower fatty acid content has further escalated the demand for deodorization technology in the edible oils industry. The deodorization technology solutions help end users in maintaining a certain level of purity during refining processes of edible oils. These factors are projected to drive the growth of the deodorization systems market during the forecast period.

Of the various technologies, the packed column segment is projected to record the largest market share from 2018 to 2023. The packed column technology is used from the standpoint of increasing efficiency and capacity. This technology employs structured packing with a higher surface area compared to other systems. This results in shorter contact time for the countercurrent flow of oil and vapor, thereby making it more efficient. Packed columns are often added to increase the capacity of existing deodorization systems. The system demonstrates enhanced efficiency in the stripping of free-fatty acids, volatile compounds, and foreign contaminants.

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Based on refining method, the chemical refining segment is projected to grow at the highest CAGR from 2018 to 2023. The chemical refining process involves the removal of free-fatty acids with the use of a chemical substance, which in this case is caustic soda. The crude oil undergoes a degumming process, following which processing acids such as caustic soda are introduced to remove any underlying seed particles, carbohydrates, metal traces, or other impurities.

On the basis of edible oil, the palm oil segment is projected to grow at the highest CAGR from 2018 to 2023. Increasing demand for palm oil in the global market is projected to contribute toward the growth of this segment during the forecast period. Deodorization is used as the key refining process in palm oil refining in major oil-producing nations such as Indonesia and Malaysia.

Asia Pacific is estimated to dominate the deodorization systems market in 2018 and is further projected to grow at the highest CAGR during the forecast period. The demand for deodorization systems in the edible oils industry is projected to increase with the improvements in infrastructure and technological advancements in the region. The development of automated deodorization systems and increased oil crop production in the region have helped companies such as Alfa Laval, Luohe Zhongiziyuan Grain and Oil Machinery Co., and Myande Group achieve a key role in the Asia Pacific market.

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Key players in this market include 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 Oil and Fat Technologies (Turkey), Andreotti Impianti S.p.A (Italy), DVC Process Technologists Pvt. Ltd. (India), and Gianazza International S.p.A. (Italy). Major players in this market are focusing on increasing their market share and presence through new product launches & developments, investments, and partnerships. These companies have a strong presence in Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

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