The global industrial centrifuges market is projected to reach USD 11.06 billion by 2022 from USD 8.69 billion in 2017, at a CAGR of 4.9%. The increasing demand for centrifuges in process industries, rising need for wastewater management solutions, and technological advancements in centrifuge systems are the major factors driving the growth of this market.
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Industrial centrifuge market is segmented into sedimentation centrifuges & filtering centrifuges. In 2017, filtering centrifuges segment expected to witness highest CAGR during forecast period. Some of major factors like high separation efficiency of this equipment in continuous operations and processing of feed slurries with high solid concentration, & their increasing application in chemicals, pharmaceuticals & biotechnology, and food processing industry are expected to drive growth of this segment.
2 Market Share Analysis
3 Competitive Leadership Mapping, 2017
4 Visionary Leaders
5 Dynamic Differentiators
7 Emerging Companies
8 Competitive Benchmarking
This report segments the global industrial centrifuges market into type, mode of operation, design, end user, and region. On the basis of type, the market is segmented into sedimentation centrifuges and filtering centrifuges. The filtering centrifuges segment is expected to register the highest CAGR during the forecast period.
Complete report on Industrial Centrifuges Market spread across 251 Pages, Profiling 15 Companies and Supported with 201 Tables and 37 Figures is now available at http://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=532292 .
Factors such as their efficiency in continuous operations and processing feed slurries with high solid concentration coupled with their increasing application in the chemicals, pharmaceuticals and biotechnology, and food processing industry are expected to drive the market for filtering centrifuges.
Some prominent players in the market that are profiled in the report are Andritz, Alfa Laval, GEA Group, Mitsubishi Kakoki Kaisha, Thomas Broadbent, FLSmidth, Schlumberger, Hiller, Ferrum, TEMA, HEINKEL, Gruppo Pieralisi, SPX Flow, and HAUS Centrifuge Technologies.
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Geographically, industrial centrifuges market is segmented into North America, Europe, Asia, & Rest of the World (RoW). In 2017, North America expected to account for largest share of industrial centrifuges market, followed by Europe. 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, & government support for development of innovative centrifugation systems are key factors driving growth of market in North America.
The objectives of this study are as follows:
- To define, describe, and forecast the industrial centrifuges market on the basis of type, design, mode of operation, and end user
- To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia, and the Rest of the World (RoW)
- To profile the key players and comprehensively analyze their core competencies
- To track and analyze competitive developments such as joint ventures, mergers and acquisitions, product developments, expansions, and research and development activities in the industrial centrifuges market.
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