Separation Machinery Market: Regional Trend & Growth Projections By 2027
Separation Machinery Market size is set to exceed USD 110.64 billion by 2027. is set to observe growth rate of over 4.1% till 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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The Middle East & Africa separation machinery market 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. Industries like chemical manufacturing, growing food, and pharmaceuticals are reliant on operations like processing of filtration of solvents, raw materials and solutions, separation of mixtures, and processing of the final products.
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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