North America Separation Machinery Market 2018 Key Players Parkson Corporation, Ferrum Ltd., Rotex, Schlumberger Limited., Hiller Separation & Process, Forsberg's, Inc.

North America Separation Machinery Market procured 32% of global share in 2017 and is likely to emerge as a highly lucrative investment hub in the years to come. As per the estimation of 2017, countries experiencing high disposable incomes treat approximately 70% of the wastewater generated, whereas the ratio falls to 38% in upper middle-income countries and 28% in the lower middle-income countries. With the growing demand for advanced separation equipment that can effectively filter out contaminants, it is rather overt that waste water sector is a lucrative investment spot for separation machinery industry players.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

Alfa Laval Corporate AB
ANDRITZ
GEA Group
SWECO
Russell Finex
Mitsubishi Kakoki Kaisha, Ltd.
ACS Manufacturing, Inc.
CECO Environmental
Gruppo Pieralisi - PIERALISI MAIP S.p.A.
Ferrum AG
Rotex
Schlumberger Limited.
Hiller Separation & Process
Parkson Corporation
Forsberg's, Inc
Industriefabrik Schneider GmbH

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Regional governments of various countries have also enforced regulatory norms for sustainable waste water management, which by extension has also left a remunerative impact on the marketplace. For instance, under the SDWA (Safe Drinking Water Act), the U.S. EPA has established various treatment techniques and mentioned the maximum contaminant level that can be present in drinking water. Aided by the legislative pressures circumventing the regional business space.

Amidst the backdrop of tremendous advancements in separation technology on a global scale, separation machinery market has become one of the most challenging yet remunerative business spheres in recent times. Due to immense competition and constant technological breakthroughs, separation machinery industry is replete with plethora of innovative approaches that  have the potential to disrupt the overall market dynamics. Deploying this technology across a plethora of industrial sectors has become mandatory as on today, given the zero-emission battle taken on by manufacturing companies that is soon to become highly technology intensive.

The growing global awareness regarding water scarcity, changing demographics and the increasing necessity of waste water treatment has significantly impacted separation machinery market share. In fact, as per the latest market assessment report, water & waste water applications, having accounted for 20% of separation machinery industry share in 2017, emerged as the dominant application segment in the same year. With world’s population expected to reach 8.5 billion by 2030, it is undeniable that water demand would continue to rise. In fact, according to estimates, global water demand is likely to reach almost 5.5 cubic kilometers by 2020.

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Separation machinery market is presently defined by two major challenges including high price trends and the shifting of end-use industries from the developed countries to the developing economies. However, aided by the efforts undertaken by industry giants to bring forth product innovations that can be conveniently utilized across diversified domains, the price constraint factor is expected to fade in the near future. As the demands of the manufacturing and engineering sectors increase on the grounds of having to maintain an emission-free environment, separation machinery market trends are expected to undergo a dynamic change in the ensuing years, with the global industry forecast to register a CAGR of 4% over 2018-2024.

 

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