Global Mass Transfer Technology
Market Report
2025
Mass Transfer Technology market size was $2,277.18 Million in 2024 and is forecasted to reach $3,455.15 Million by 2030. The Mass Transfer Technology Industry's Compound Annual Growth Rate will be 7.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Mass Transfer Technology market size was $2,277.18 Million in 2024 and is forecasted to reach $3,455.15 Million by 2030. The Mass Transfer Technology Industry's Compound Annual Growth Rate will be 7.00% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Mass Transfer Technology Market Sales Revenue | $ 2277.18 Million | 121212 | 121212 | 121212 | 7% |
North America Mass Transfer Technology Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Mass Transfer Technology Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Mass Transfer Technology Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Mass Transfer Technology Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East Mass Transfer Technology Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Mass Transfer Technology Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Chemical processing, oil and gas, pharmaceuticals, water treatment, and many more sectors are among those that depend on the constantly changing and crucial mass transfer technology market. As the demand for effective separation, purification, and extraction technologies has grown over the years, this market has expanded consistently. Mass transfer technologies are essential for maximizing production, minimizing environmental effect, and maintaining the quality and safety of the end product. They include the transport of chemicals from one phase to another, frequently inside complex chemical processes. For instance, if there is enhanced mass transfer technology used in any industry with innovative microchannel design the effectiveness increases by 80% to 90% with 95% purity with cost targets of 90% while reducing environmental impact.
The growth of the petrochemical industry has been a significant driver for the global mass transfer technology sector for several reasons. As a major producer of vital chemicals and materials utilized in a variety of industries, including plastics, pharmaceuticals, agriculture, and manufacturing, the petrochemical industry is crucial to the global economy. The demand for petrochemical goods has been rising gradually as the world population continues to rise and industrialization grows. This has led to an increased demand for more economical and efficient methods of producing these chemicals. For instance, in 2021, the global production capacity of petrochemicals was close to 2.3 billion metric tons. It is anticipated to increase greatly by 2030, led by Iran, China, and India.
The petrochemical sector depends extensively on mass transfer technology, an essential component of chemical engineering. Procedures like distillation, absorption, and extraction, include the separation and purification of chemical components within intricate mixtures. The manufacturing of many petrochemical products, including gasoline, plastics, and fertilizers, depends on these separation processes. The need for mass transfer technology and solutions that can improve these operations increases along with the petrochemical sector.
The growing healthcare and pharmaceutical industry have been a significant driver for the mass transfer technology market in recent years. The healthcare and pharmaceutical sector is continuously expanding due to several factors. For instance, around 30% of the world’s data volume is been generated by healthcare industry and healthcare expenditure in UK grew by 15.7%. The demand for pharmaceuticals, biopharmaceuticals, and healthcare services has increased as a result of population growth, aging demographics, and the rising prevalence of chronic diseases. Pharmaceutical companies are therefore obligated to produce a variety of medications effectively, economically, and in accordance with strict quality and safety standards. For instance, Koch Modular, an US based company, delivers cost effective solvent recovery and wastewater stripping mass transfer system to all the leading pharmaceutical companies. The following design aspects specific to the pharmaceutical sector and the processing of active pharmaceutical ingredients (API) are areas in which Koch Modular has experience:
• ICH Q7, 3-A and USP standards compliance
• Process Validation
• Sanitary equipment, tubing and fittings
• Polishing and passivation
Similarly, GAB Neumann GmbH, provides mass transfer technology to various application including pharmaceutical industry which includes absorbers, columns, quenches, hydrochloric acid recovery units, sulfuric acid dilution units and well as vacuum jet pumps as a result, advanced separation and purifying methods including chromatography, crystallization, and filtering must be used. These methods significantly rely on mass transfer technology.
The market for mass transfer technology is greatly restricted by the high initial investment cost for a number of reasons. For mass transfer operations like distillation, absorption, and extraction, significant upfront funding is needed to build the required infrastructure, buy specialized equipment, and pay for related costs. This poses difficulties for both long-standing industry participants and recent industry startups who want to use this technology for a variety of applications. For instance, refining crude oil into useful products like gasoline, diesel, and petrochemical feedstocks in the petrochemical sector requires procedures like distillation and separation. Massive capital expenditures are needed to build large-scale distillation columns and separation units, including the price of building huge towers, acquiring corrosion-resistant materials, and setting up intricate control systems.
The requirement for specialist equipment is one of the main causes of these high initial expenses. Many mass transfer procedures rely on precisely constructed machinery, such as distillation columns and absorption towers, which has a high design, manufacture, and installation cost. The selection of the materials used in these processes is also important because they need to survive corrosive, high-temperature, or high-pressure environments and because these materials can be pricey. It takes a lot of work to complete a building project, which raises the cost overall.
The overall market for mass transfer technologies has been significantly and widely affected by the COVID-19 epidemic. Both short-term disruptions and long-term transformations occurred in this industry, which covers a wide range of businesses including chemical processing, pharmaceuticals, food and beverage, and environmental protection. For instance, in February 2020, chemical production fell 2.4% globally, while 3.9% less chemical production was produced in the Asia-Pacific region during the same month. Similarly, India's crude oil production fell by 5.5% and its natural gas production by 14.38% in March compared to the same month in 2019. The decrease in production in these industries negatively impacted the mass transfer technology and thus decreased the demand.
However, as the pandemic grew, it became clear that mass transfer technology was essential to several facets of the COVID-19 response. For instance, mass transfer techniques for separation, purification, and formulation play a significant role in the manufacture of medications and vaccines in the pharmaceutical industry. Hand sanitizers, ventilators, and personal protective equipment were all developed and produced with the help of mass transfer technology. In addition, there was a greater emphasis on water and air quality, which raised the need for mass transfer equipment in air pollution control and wastewater treatment systems.
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Sulzer Ltd. is a manufacturer of pumping, agitation, mixing, and separation technologies for fluids of all types. It develops, designs, and produces mass transfer equipment for distillation, absorption, stripping, evaporation, phase separation, liquid-liquid extraction, and crystallization. It has 180 manufacturing facilities and service centers across the world.
March 2021
Sulzer has expanded its presence in Denmark with the construction of a new service center that will provide its full range of product sales and maintenance services throughout the region, all from under one roof.
October 2020
Sulzer Ltd. has delivered a customized mass transfer solution to PT Enerco RPO International’s grassroots plant for the production of treated distillate aromatic extract (TDAE) in Batam, Indonesia. The facility features the world’s largest agitated extraction column type Kuhni (ECR), which has been designed and built by Sulzer.
Koch-Glitsch, LP in mass transfer and separation equipment as well as related services such as turnaround services, tower services, and digital services. Its portfolio of products includes trays, packing & internals, liquid-liquid separations, mist elimination, reactor technologies, and mechanical technologies. The company serves customers across various industries including chemical, petrochemical, refining, gas processing, pharmaceutical, and specialty chemical industries.
August 1, 2019
Koch-Glitsch, a subsidiary of Koch Engineered Solutions (KES) and its parent company Koch Industries completed the acquisition of Julius Montz GmbH (Montz) from the Pfaudler Group.
The acquisition strengthened its global footprint, provides entry into new markets, and broadened portfolio of Koch-Glitsch products
Top Companies Market Share in Mass Transfer Technology Industry: (In no particular order of Rank)
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North America accounts for a significant share 24.78% of the market in 2022, due to rising expansion of chemical industries in this region. The chemical industry in the US contributed to USD 5.2 trillion, which is 25% to the country's GDP. (Source: US National Academics, 2020). The rise in expansion and contribution of the chemical industry in the US, boosts the demand for chemical processing in chemical industry.
The chemical processing industries are major consumers for mass transfer process for separation, purification, and processing applications. The mass transfer technology plays an important role in chemical industry, as the mass transfer types such as column internal, structured packing and other are used in chemical process such as crystallization, absorption, distillation, evaporation, and liquid-liquid extraction. The use of this mass transfer technology, sustains the purity and quality of chemicals. The mass transfer technologies are used in distillation systems. The changes or improvement in mass transfer operation and equipment’s in distillation process results in major energy saving.
The current report Scope analyzes Mass Transfer Technology Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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The North America Mass Transfer Technology market size will be USD 529.32 Million by 2023.
North America accounts for a significant share of 24.78% of the market in 2022, due to the rising expansion of chemical industries in this region. The chemical industry in the US contributed to USD 5.2 trillion, which is 25% of the country's GDP. (Source: US National Academics, 2020). The rise in expansion and contribution of the chemical industry in the US, boosts the demand for chemical processing in chemical industry.
The chemical processing industries are major consumers for mass transfer process for separation, purification, and processing applications. The mass transfer technology plays an important role in chemical industry, as the mass transfer types such as column internal, structured packing and other are used in chemical process such as crystallization, absorption, distillation, evaporation, and liquid-liquid extraction.
The Europe Mass Transfer Technology market size will be USD 654.07 Million by 2023.
The Europe is major region which holds a major share 30.43% of the market in 2022, owing to presence of manufacturer of established mass transfer equipment’s, which concentrated on strengthening the product line in the market. Sulzer Ltd. specializes in chemical processing, which is based in Switzerland.
The company has invested its mass transfer technologies for end-use application, which expanded the presence of mass transfer operation in Europe. On September 09. 2020, the Sulzer Ltd. utilized its mass transfer technologies to LG Chem for the production of acrylic acid. The Sulzer Ltd used its advanced processing equipment, and crystallization mass transfer technologies, which expand the production of acrylic acid.
The Asia Pacific Mass Transfer Technology market size will be USD 439.85 Million by 2023.
Asia Pacific is significant contributor in gaining share 20.29% of the market, as the China is a major producer of fine chemicals. Fine chemicals are used to produce speciality chemicals, and used in pharmaceutical, chemical, cosmetics and construction sector. The sale of chemicals in 2021 is USD 1.80 Trillion (Source: Daxue Consulting China, 2023). The sale of chemicals is increasing in China, due to large consumer base and favorable government policies. The rise in production of chemicals, boosts demand for advanced equipment and operation used for processing of chemicals.
The South America Mass Transfer Technology market size will be USD 303.54 Million by 2023.
The Latin America hold a market share 14.09% of the market, due to rising presence of oil fields. Brazil is a major producer of oil and gas in Brazil. The International Energy Agency stated Brazil produced 50% of the global offshore oil in 2040, which is about 5.2 million barrels per day. The Brazil Energy Expansion Plan stated that the investment for Brazil oil and gas exploration and production ranged from USD 415 billion to USD 454 billion (Source: International Trade Administration). The oil and gas plants require mass transfer equipment such as distillation columns, packing, and trays. The adoption of packing materials, and distillation columns such as packed and tray type columns increase the surface area for mass transfer between gas and liquid phases during the distillation process. Koch Industries, Inc. offers mass transfer equipment for offshore application such as gas dehydration, sour gas treatment, and gas fractionation in Campos Basin offshore in Brazil.
The Middle East and Africa Mass Transfer Technology market size will be USD 225.56 Million by 2023.
The Middle East and Africa gained a market share of 10.43% of the market in 2022, due to rising expansion of petroleum sector in this region. The oil and gas sector is a major consumer of mass transfer technologies in this region. In 2021, the Saudi Arabia consumed 3.6 million b/d in liquid fuels, which is 40% of consumption in Middle East. Saudi Arabia is third largest producer of crude oil in 2022 (Source’s. Energy Information Administration, International Energy Statistics).
Global Mass Transfer Technology Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Mass Transfer Technology Industry growth. Mass Transfer Technology market has been segmented with the help of its Type, Application , and others. Mass Transfer Technology market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Trays are a vital component of mass transfer technology, specifically designed for use in separation and absorption columns. These columns are vertical vessels used in various industries. Trays are essentially horizontal or inclined platforms installed at different heights within the column. They feature openings, often in the form of perforations or small holes, which allow fluids to pass through. Trays serve a dual purpose: they support a liquid phase on their surface while permitting gases to flow through, thus creating multiple stages for mass transfer to occur.
Column internals are a specialized category of products within the territory of mass transfer technology. These components are accurately designed and engineered to enhance the efficiency of mass transfer processes in separation and absorption columns. They play a pivotal role in industries where precise separation and purification of substances are critical, such as in chemical, petrochemical, pharmaceutical, and environmental applications. These internals are essentially the core of a column, optimizing the contact between different phases (such as gas-liquid or liquid-liquid) involved in mass transfer operations. They are instrumental in increasing the interfacial area, which is vital for the efficient exchange of substances from one phase to another. This is particularly crucial in processes like distillation, where the goal is to separate components based on their different boiling points.
Random packing is a crucial product within the domain of mass transfer technology. It's a specialized component used in separation and absorption columns to enhance the efficiency of mass transfer processes. This technology is pivotal in industries where precise separation and purification of substances are paramount, such as in chemical, petrochemical, pharmaceutical, and environmental applications. Random packing consists of irregularly shaped objects, such as rings, saddles, or other geometric forms, carefully arranged within the column. These objects create a structured bed that promotes turbulence and mixing of the fluid phases involved in mass transfer operations.
Structured packing is a particular product within the field of mass transfer technology, designed to optimize mass transfer processes in separation and absorption columns. This technology is instrumental in industries where precise separation and purification of substances are essential, such as in chemical, petrochemical, pharmaceutical, and environmental applications. Structured packing consists of specially designed corrugated sheets or elements that are stacked in an organized manner within the column.
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The petroleum industry extensively relies on mass transfer technology to refine crude oil and its derivatives. One crucial application is fractional distillation. In this process, crude oil is heated in a distillation column, causing different components to vaporize at distinct temperatures. Trays or structured packing play a pivotal role in the distillation column by creating multiple stages for vapor-liquid interactions. This ensures efficient separation based on boiling points, allowing the industry to obtain various valuable products like gasoline, diesel, and other fuels.
The petrochemical industry heavily relies on mass transfer technology for various essential processes. This technology enables the efficient separation and purification of different components in mixtures, crucial for producing a wide range of chemical compounds. Distillation is a key application, used in refineries to fractionate crude oil into various hydrocarbons like gasoline and diesel. Absorption is also vital for removing impurities from gas streams, ensuring high-quality and environmentally compliant end products.
Mass Transfer Technology holds immense significance in the fine chemical industry, where the production of high-quality, specialized chemicals demands precise control overreactions, separations, and purifications. One crucial application is in chemical synthesis and reactions. Fine chemicals often involve complex reactions that require meticulous control over various parameters. This necessitates efficient mixing and mass transfer. Structured packing and catalysts play a pivotal role in reactors, enhancing mass transfer rates. This ensures thorough mixing of reactants and promotes the desired chemical reactions, enabling the production of high-purity fine chemicals.
Additionally, mass transfer technology is crucial in various industries such as pharmaceutical, oil & gas, and wastewater treatment. Filtration and purification in the pharmaceutical industry are crucial steps in the production of high-quality active pharmaceutical ingredients (APIs). This process involves the removal of impurities, such as particles, microorganisms, or unwanted chemical compounds, from the raw materials or reaction mixture. It ensures that the final pharmaceutical product meets stringent quality and safety standards. There are various types of filtration techniques employed, including depth filtration, membrane filtration, and crossflow filtration.
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Mass Transfer Technology Market is witnessing significant growth in the near future.
In 2023, the Random Packing segment accounted for noticeable share of global Mass Transfer Technology Market and is projected to experience significant growth in the near future.
The Petroleum Industry segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sulzer Ltd , Finepac Structures Pvt. Ltd. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Random Packing, Column Internals, Structured Packing, Trays |
Application | Petroleum Industry, Petrochemical Industry, Fine Chemical Industry, Oil & Gas Industry, Pharmaceutical Industry, Food & Beverage Industry, Water & Waste Water Treatment, Pulp & Paper Industry, Others |
List of Competitors | Sulzer Ltd, Koch-Glitsch LP, Finepac Structures Pvt. Ltd., Beijing Zehua Chemical Engineering Co. Ltd, Munters Group, Dtec, MTE Group, Baretti Mefe, Tianjin Univtech Co., Ltd, HAT International, Montz, Merck Group, Raschig, RVT Process Equipment, Sumitomo Heavy Industries, Ltd., Others |
This chapter will help you gain GLOBAL Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review Global Mass Transfer Technology Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review North America Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review Europe Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review Asia Pacific Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review South America Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review Middle East Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Mass Transfer Technology. Further deep in this chapter, you will be able to review Middle East Mass Transfer Technology Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Mass Transfer Technology. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Mass Transfer Technology market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Random Packing have a significant impact on Mass Transfer Technology market? |
What are the key factors affecting the Random Packing and Column Internals of Mass Transfer Technology Market? |
What is the CAGR/Growth Rate of Petroleum Industry during the forecast period? |
By type, which segment accounted for largest share of the global Mass Transfer Technology Market? |
Which region is expected to dominate the global Mass Transfer Technology Market within the forecast period? |
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