Global Jacketed Reactors Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030
A jacketed reactor, also known as a double-walled reactor, consists of an inner vessel (core) that holds the chemical reactants and a surrounding outer shell (jacket) that circulates a heating or cooling fluid. The purpose of the jacket is to regulate the temperature of the reaction inside the core vessel.
Market Overview:
The latest research study on the global Jacketed Reactors market finds that the global Jacketed Reactors market reached a value of USD 293.53 million in 2023. It’s expected that the market will achieve USD 396.05 million by 2029, exhibiting a CAGR of 5.12% during the forecast period.
TransTech Energy Acquires Bendel Tank and Heat Exchanger
04 Mar, 2020 TransTech Energy, ( TransTech - a Bridge Industries, LLC ( Bridge ) portfolio company), through it's newly formed subsidiary, Bendel Tank and Heat Exchanger, announced today the acquisition of Bendel Tank and Heat Exchanger, Corp. ( Bendel ), a 60 year old designer and fabricator of pressure vessels, reactors, heat exchangers and storage vessels for a variety of end markets.
The advantages of the product in the application expand the market application
Jacketed reactors are often the workforces of many chemical synthesis processes, and their advantages of high energy efficiency, space saving and ease of use are one of the driving factors driving the market growth. Downstream customers can use small batch two-part jacket designs to save energy. The blender design, which takes into account the viscosity and density of the reactants, and the container design of the shape cutter for the process of producing the form, save time and money. Due to advances in technology, reactors now have many benefits, such as reduced space requirements, leak-free containers, ease of use, faster reaction times, maximum chemical resistance, wide temperature and pressure ranges, automated upgrades, robustness and reliability. Therefore, all these characteristics are driving and contributing to the growth of the jacketed reactor market.
Region Overview:
North America is projected to account for a considerable share of the Jacketed Reactors market and is expected to become the largest region by 2028.
Company Overview:
Enerfab is one of the major players operating in the Jacketed Reactors market, holding a share of 8.99% in 2023.
Founded in 1901, Enerfab has become an industry leader in providing fabrication, construction, and maintenance services within the advanced manufacturing, heavy industrial.
Segmentation Overview:
By type, Half Pipe Jacketed Reactors of Stainless segment accounted for the largest share of market in 2022.
According to the material division, it is mainly divided into stainless steel half-tube jacketed reactor and nickel alloy half-tube jacketed reactor. Among them, nickel alloy has better corrosion resistance than stainless steel, but the cost is higher, so it is currently used less and is mostly designed for extreme applications.
Application Overview:
By application, the Chemical segment occupied the biggest share from 2018 to 2022.
Jacketed reactor is widely used in the downstream, such as in the chemical field, can complete the distillation, vulcanization, nitrification, alkylation, hydrogenation, oxidation and other processes; In the field of food and beverage, it can be used to produce food additives; It can be used to participate in polymerization reactions and produce petrochemical products such as plastics. In the field of fermentation, it can be used to produce fertilizer, fermentation materials (semi-finished products), etc. In the field of monomers, monomers can be produced, such as PTA and so on; In the field of medicine, it is mainly used for the production and research and development of drugs.
Key Companies in the global Jacketed Reactors market covered in Chapter 3:
Apex Engineered Products
Enerfab
American Alloy Fabricators
Isgec Heavy Engineering Ltd.
Bendel Tank & Heat Exchanger
Zibo Taiji Industrial Enamel Co., Ltd.
Roben Manufacturing, Co. Inc
Apache Stainless
Ward Vessel & Exchange
TITAN Metal Fabricators
Stainless Fabrication, Inc.
RV Industries, Inc.
In Chapter 4 and Chapter 14.2, on the basis of types, the Jacketed Reactors market from 2019 to 2030 is primarily split into:
Half Pipe Jacketed Reactors of Stainless
Half Pipe Jacketed Reactors of Nickel Alloys
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Jacketed Reactors market from 2019 to 2030 covers:
Chemical
Food and Beverage
Polymerizations
Fermentation
Monomers
Pharmaceutical
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
