Process Equipment Market Report

Global Process Equipment Market Size

The global process equipment market was valued at USD 91.64 billion in 2024 and is anticipated to reach USD 95.42 billion in 2025 from USD 131.79 billion by 2033, growing at a CAGR of 4.12% from 2025 to 2033.

Process equipment can be defined as equipment used in processing industries such as cement, sugar, pharmaceuticals, textiles, steel, food, chemicals, petrochemicals, refinery, paper, energy, etc. Some examples of such equipment are heat exchangers, storage tanks, valves, pressure relief devices, boilers, pipes, furnaces, and other equipment. Each of these pieces of equipment is important for its indispensable use in the operation of a process. The equipment can be static or in motion. They are manufactured or designed with factors such as improving quality and reliability in mind, making processes more energy-efficient, reducing emissions and other environmental impacts, improving safety, and making factories and processes more flexible.

Impact of COVID-19 on Process Equipment Market

COVID-19 is disrupting certain activities in agriculture and supply chains. The transportation limitations have resulted in a disruption in the supply chain, along with the temporary closures of manufacturing facilities. Media reports show that closing hotels, restaurants, candy stores, and tea rooms during the shutdown is already reducing milk sales. The economic impact will likely be much more severe for India for two reasons. First, before COVID-19, the economy was already slowing down, exacerbating existing problems of unemployment, low income, rural distress, malnutrition, and widespread inequality. Second, the large informal sector is particularly vulnerable.

Market Drivers and Restraints

The rise of India and China as emerging economies and the government's strategic plans to develop the industrial sector and provide financial support to modernize with new technologies are promoting the global process equipment market growth. Additionally, the rapidly expanding manufacturing sector and globalization offer huge new opportunities for OEMs. Industries are not only expanding but are also updating new technologies, the adoption of automation across industries, and changing global chains further drive growth. The developing world is the driving force in the process equipment market. The field has always been first in research to address the greatest need andenableg technology. Requirements such as speed of operation, high positioning accuracy, ease of use, high structural rigidity, and flexibility of operation have always been the top priorities for equipment design, which in turn has led to extensive research. However, the inability of SMEs to invest in capital often hampers global process equipment market growth.

REPORT COVERAGE

SEGMENTAL ANALYSIS

By Type Method Insights

The fruit and vegetable segment is expected to experience the highest growth rate based on the crop type during the outlook period. It is estimated that the mechanical segment will dominate the market for seeds processed according to the method during the same period. In the seed processing equipment market, based on type, the casing segment is expected to be the fastest-growing segment during the forecasted years.

The cereal and grain segment dominated the market in the review period, followed by oilseeds and legumes. Cereals and cereals constitute an important part of the basic diet of the population, and animal feed is the main source of energy. The North American region accounted for the largest share of the market, and this trend is expected to continue for the next five years.

REGIONAL ANALYSIS

The global process equipment market has been categorized based on geography into the Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. Of these, the North American region has dominated the worldwide market and is supposed to grow at a significant rate from 2025 to 2033, both in value and volume. The United States is estimated to be the fastest-growing market in the area. The processed equipment market in the country is mainly driven by factors such as the high use of processed seeds, technological advances in agriculture, and the increased use of genetically modified crops. Multinational corporations in the United States have played an important role in advancing the market for process equipment for the seed industry, with ever-evolving technological innovations in agriculture and food systems.

The Asia-Pacific region isforecastn is forecasta significant rate from 2025 to 2033, in terms of value. China is predicted to record the fastest growth in the regional marketplace. China is estimated to be the largest producer and consumer of processed seeds and processing equipment in the region. Increasing fruit and vegetable production is a key factor in the growth of agricultural exports. China generates increased demand for commercial seed and seed processing equipment. However, the high prices of processed seeds are a major brake on the growth of this market.

LEADING COMPANY

Free International had the largest share of the Process Equipment Market in terms of sales and revenue in 2020.

KEY MARKET PLAYERS

Some of the key players in the Global Process Equipment Market include

• Alfa Laval AB
• Freeco International
• Bucher Industries AG
• Marel HF
• Bühler AG
• Power Zone Equipment, Inc.
• Isgec Heavy Engineering Ltd.
• Ador Welding Ltd.
• ANSYS, Inc.
• Beepex Corporation Organization.

RECENT MARKET NEWS

• Sartorius Stedim Biotech, a renowned company in the worldwide biopharmaceutical industry, announced its agreement to purchase the chromatography process equipment division of Novasep. The proposed transaction is subject to antitrust approvals and the information and consultation of Novasep's works council and is expected to close in the first half of 2021.
• Flow Control Holdings, LLC, a leading provider of highly engineered flow components for market-critical applications in the food, beverage, and pharmaceutical industries, announced the acquisition of Top Line Process Equipment, a division of Allegheny Bradford Corporation.
• Edgewater Growth Capital Partners IV, LP, was pleased to announce that its parent company, Flow Control Holdings, LLC, has recently acquired Top Line Process Equipment Company from its parent company, Allegheny Bradford Company. Top Line is a supplier of stainless steel processing equipment primarily for the food, beverage, and pharmaceutical markets. Top Line offers a variety of sanitary process flow control components, including pumps, valves, fittings, and piping.
• Crane Engineering, a leading distributor of fluid technology solutions in the Midwest, announced that it has completed the acquisition of Rapids Process Equipment (RPE), a company that provides services and repairs primarily to the northern pulp and paper industry in Minnesota. The agreement adds the fourth location for Crane Engineering and further supports its expansion to Minnesota.
• Plasma-Therm has announced the acquisition of the OEM Group's dry processing equipment business. Plasma-Therm is expected to continue offering its assistance to existing customers with components and upgrades, as well as with new and refurbished tools.

MARKET SEGMENTATION

This research report on the global process equipment market has been segmented & sub-segmented based on the type, crop type, method type, and region.

By Type

• Polishers
• Separators
• Graders
• Coaters
• Cleaners

By Type Crop Type

• Fruits & Vegetables
• Oilseeds & Pulses
• Cereals & Grains

By Type Method

• Mechanical
• chemical
• Biological

By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America