Market Research Report
Industrial Centrifuge Market by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User - Global Forecast to 2025
|Published by||MarketsandMarkets||Product code||960368|
|Published||Content info||218 Pages
Delivery time: 1-2 business days
|Industrial Centrifuge Market by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User - Global Forecast to 2025|
|Published: September 4, 2020||Content info: 218 Pages||
Industrial Centrifuge Market
by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User (Chemical, Power, Food, Wastewater, Pharmaceutical, Paper) - Global Forecast to 2025.
The global industrial centrifuge market is projected to reach USD9.0billion by 2025 from USD 7.2billion in 2020, at a CAGR of 4.4% between 2020 and 2025. The increasing demand for centrifuges in process industries and the rising need for wastewater management solutions are the major factors driving the growth of this market.
However, the high cost of centrifuges is expected to restrain the market growth during the forecast period.
The industrial centrifuge available in the market are based on two major types- sedimentation and filtering centrifuge. The filtering centrifuge segment is projected to register a higher CAGR during the forecast period. Factors such as their efficiency in continuous operations and processing feed slurries with high solid concentration, coupled with their increasing application in the food processing industry, are expected to drive the market for filtering centrifuges
On the basis of mode of operation, the industrial centrifuge market is segmented into batch centrifuges and continuous centrifuges. In 2019, the continuous centrifuge segment accounted for the largest share of the market. The high efficiency of separation, easy process standardization, and reduced cleaning time are some of thefactors driving the growth of the continuous centrifuges market.
In 2019, North America accounted for the largest share of the industrial centrifuge market, followed by
Europe. The high demand for crude oil, a large number of shale oil and gas drilling activities, government initiatives to manage wastewater, flourishing food processing industry, technological advancements, and government support for the development of innovative centrifugation systems are the key factors driving the growth of the industrial centrifuge market in North America.
The key players operating in this market includeANDRITZ AG (Austria), Alfa Laval Corporate AB (Sweden), GEA Group AG (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Thomas Broadbent & Sons (UK), FLSmidth& Co. A/S (Denmark), Schlumberger Limited (US), Ferrum AG (Switzerland), Flottweg SE (Germany), SIEBTECHNIK TEMA (Germany), HEINKEL Drying & Separation Group (Germany), Gruppo Pieralisi - MAIP S.p.A. (Italy), SPX Flow Inc. (US), HAUS Centrifuge Technologies (Turkey), Elgin Separation Solutions (US), Comi Polaris Systems, Inc. (US), Dedert Corporation (US), US Centrifuge Systems (US), B&P Littleford (US), and Pneumatic Scale Angelus (US).Productlaunches, expansions, collaborations, agreements,partnerships,and acquisitions are the key growth strategies followed bya majority of players in this market.
The report provides insights on the following pointers:
(Business Overview, Products Offered, Recent Developments, MnM View)**
*Business Overview, Products Offered, Recent Developments, MnM View might not be captured in case of unlisted companies.