Separation Machinery Market 2022-2027: Top Vendors Analysis, Growth Drivers and Geographical Analysis
Separation Machinery Market is poised to grow at more than 4.1% CAGR through 2027. Separation machines are extensively used in HVAC systems for the removal or filtration of air-borne bacteria, smoke, heat, odors, dust, carbon dioxide, and other gases. Reports suggest that the market from HVAC/environment application could generate over USD 17 billion in 2027. The utilization of HVAC systems is increasing tremendously in commercial and residential sectors. With heavy consumers spending on HVAC systems, the separation machinery industry may grow exponentially in the estimated timeframe.
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Speaking of life sciences, the application segment was valued at USD over 12.8 billion in 2020 and is estimated to observe a substantial CAGR of 4.2% through 2027. The growth can be attributed to huge demand for separation techniques including synthetic, semisynthetic membranes and filters in life sciences. This in turn requires separating equipment such as electrophoresis, centrifuges, etc., to separate different components of the solutions as well as to separate liquid mixtures of varied densities.
Middle East & Africa has emerged as a strong growth avenue for separation machinery market and is expected to record a robust CAGR of 4% through 2027. This is majorly due to the elevating demand for separation machinery for water and wastewater treatment from past few years. Increasing water scarcity in MEA has evoked the need for water reuse significantly. Same is evident from Global Water Intelligence report, which estimates that MEA region is expected to become third-largest water reuse market on global fronts.
Progressing water and wastewater sector of MEA, Europe and North America is expected to offer a considerable boost to the global separation machinery market. Steadily advancing industrial processing sector across emerging economies such as U.S., Germany, UK, France, etc. may offer an impetus to separation machine manufacturers. Estimates suggest that the market in industrial processing sector is projected to grow at a CAGR of over 4.1% during the forecast period.
Some of the major companies working in the separation machinery market include Parkson Corporation, Hiller Separation & Process, Gruppo Pieralisi, Industriefabrik Schneider, Forsberg's, Inc., ANDRITZ, Rotex, ACS Manufacturing, Inc., GEA Group, Schlumberger, SWECO, Alfa Laval, Russell Finex, Mitsubishi Kakoki Kaisha, CECO Environmental, and Ferrum AG. These companies are constantly focusing on taking various strategic initiatives to stay competitive in the market.
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Some Point from Table of Contents:
Chapter 4 Separation Machinery Market, By Product
4.1 Separation Machinery market product insights
4.2 Industrial centrifuges
4.2.1 Market estimates and forecast, 2017 - 2027
4.2.2 Market estimates and forecast by region, 2017 - 2027
4.3 Magnetic separators
4.3.1 Market estimates and forecast, 2017 - 2027
4.3.2 Market estimates and forecast by region, 2017 - 2027
4.4 Membrane separators
4.4.1 Market estimates and forecast, 2017 - 2027
4.4.2 Market estimates and forecast by region, 2017 - 2027
4.5 Stage separators
4.5.1 Market estimates and forecast, 2017 - 2027
4.5.2 Market estimates and forecast by region, 2017 - 2027
4.6 Industrial strainers & sieves
4.6.1 Market estimates and forecast, 2017 - 2027
4.6.2 Market estimates and forecast by region, 2017 - 2027
4.7 Evaporators
4.7.1 Market estimates and forecast, 2017 - 2027
4.7.2 Market estimates and forecast by region, 2017 - 2027
4.8 Others
4.8.1 Market estimates and forecast, 2017 - 2027
4.8.2 Market estimates and forecast by region, 2017 - 2027
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