Separation Machinery Market: Regional Statistics, Competitive Analysis & Growth Forecast 2021-2027
The Separation Machinery Market is set to grow from its current market value of more than USD 82.59 billion to over USD 110.64 billion. Mounting industrial activities around the world across sectors such as chemical, pharmaceutical, food & beverage, etc. is estimated to call in for the demand of separation machineries over the forthcoming years.
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Separation machines find massive application in industries for processing of raw materials, separation of mixtures, filtration of solvents and solutions along with the processing of final products. This has urged industry players to develop advanced solutions to effectively serve the consumer demand.
Separation Machinery Market from life sciences segment 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.
Separation Machinery Market from HVAC & environment Segment is anticipated to register a significant valuation of over USD 17 billion by 2027 owing to the increased installation of filter type separation machines in HVAC systems for the filtration or removal of smoke, odors, heat, dust, carbon dioxide, air-borne bacteria and other gases. Rising application of HVAC systems across commercial and residential sectors driven by growing population and increased consumer spending is potentially complementing the segment growth further.
Citing an instance, in 2020, Alfa Laval, a leading company involved in centrifugal separator application, heat transfer and fluid handling, launched Alfa Laval CultureOne™, an advanced separator system designed for single-use processing for biopharmaceutical industry. According to the company, this separator system is suitable to be used in processes involving harvesting of fragile cell cultures which can later be used in injectable drugs for treating serious diseases such as rheumatoid arthritis, cancer and organ transplant rejection. Considering these factors, industrial processing segment across the overall separation machinery market is projected to observe a substantial CAGR of more than 4.1% through 2027.
In terms of the regional outlook, 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.
Although, Saudi Arabia reportedly reuses only 18% of its wastewater, which shows enormous potential for separation machinery industry. In addition, rising population and climate change in the Arabian cities is putting pressure on available water resources and sanitation systems. Over 5% of world’s population resides in Middle East & Africa and secures less than 1% of world’s water resource. This is favoring the product penetration in the region.
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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 industry 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 industry volume estimates and forecast by region, 2017 – 2027 (Units)
TABLE 8 Global separation machinery market 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
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