Separation Machinery Market: Regional Revenue, Growth & Trends Analysis, 2021-2027
The size of the separation machinery market was registered at USD 82.6 billion in the year 2020 and is anticipated to cross USD 110.64 billion by 2027. Between the period 2021-2027, the market is expected to register a CAGR of 4.1%.
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 market may grow exponentially in the estimated timeframe.
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The Middle East & Africa is one of the regions that held a major share in the separation machinery market in 2020, and are projected to grow with a CAGR of around 4% till 2027. The growth is attributed to mounting demand for water and wastewater treatment solutions in the region. The need for reusing water is growing at a faster rate in the Middle East & Africa due to scarcity of water in the region.
It is estimated that the Middle East & Africa will become the third-largest water reuse market across the world in the coming years. Additionally, reports indicate that over 5% of the overall global population resides in the Middle East & Africa, while the region only holds around 1% of the world’s water resource. These above-mentioned factors might offer lucrative growth opportunities to separation machine manufacturers and suppliers in MEA over the estimated timeframe.
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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Data Tables
TABLE 1 Global separation machinery market 360º synopsis, 2017 - 2027
TABLE 2 Global separation machinery industry estimates and forecast, 2017 – 2027, (Units) (USD Million)
TABLE 3 Global separation machinery market volume estimates and forecast by product, 2017 – 2027 (Units)
TABLE 4 Global separation machinery industry revenue estimates and forecast by product, 2017 – 2027 (USD Million)
TABLE 5 Global separation machinery industry volume estimates and forecast by application, 2017 – 2027 (Units)
TABLE 6 Global separation machinery industry revenue estimates and forecast by application, 2017 – 2027 (USD Million)
TABLE 7 Global separation machinery market volume estimates and forecast by region, 2017 – 2027 (Units)
TABLE 8 Global separation machinery industry revenue estimates and forecast by region, 2017 – 2027 (USD Million)
TABLE 9 Vendor matrix
TABLE 10 Industry impact forces
TABLE 11 Competitive landscape, 2020
TABLE 12 Strategy dashboard
TABLE 13 Market estimates and forecast from uPVC, 2017 – 2027, (Units) (Million Units) (USD Million)
TABLE 14 Market estimates and forecast from uPVC, 2017 – 2027, (Units) (Million Units) (USD Million)
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