Worldwide Separation Machinery Market By Product 2024 - Alfa Laval Corporate AB, ANDRITZ, GEA Group, SWECO, Russell Finex, Mitsubishi Kakoki Kaisha, Ltd, ACS Manufacturing, Inc, CECO Environmental

Global Separation Machinery market report added by MarketstudyReport.com is one of the most comprehensive research studies on Separation Machinery offering 526 data tables, 27 figures, covering 16 companies and regional outlook for 22 countries on segments covered in this report.

Meticulously analyzed in terms of pivotal industry segments, Global Separation Machinery market report effectively covers the scope of this space in terms By Product, By Application and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.

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The report extensively bifurcates the various contenders of Global Separation Machinery market. Prominent contributors such as 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 have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.

In 2017, North America held maximum market share in global separation machinery market, the region has been witnessing tremendous growth over the years owing to high demand for hydrocarbons. Further, Asia Pacific is likely to propel with a CAGR of 4.5% owing to industrial revolution and social economic factors.

Industrial centrifugal products are on high demand owing to increase in industrialization in Asia Pacific region. For instance, Indian government had initiated Make In India program for industrial development, the program had attracted foreign direct investment of over USD 70 billion by the end of 2017. Similarly, government of China had revised their foreign investment cataloged, which has increased their foreign direct investment in industrial sector stimulating economic growth. Thus, industrial revolution in Asia Pacific will drive separation equipment demand.

Industrial processing segment held close to 25% market share in 2017 and is likely to witness growth on account of growing oil consumption per year. For instance, in India oil consumption have been growing by 4.1% per year according to Indian Chamber of Commerce. Water & wastewater segment has been witnessing significant growth in recent years with a strengthening government support for cleaner water consumption.

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Industrial processing segment is likely to generate higher demand for separation machinery for the significant profitability from past few years. According to ICCA (The International Council of Chemical Associations) in 2012 the global chemical industry turnover was over USD 3492.90 billion. Further according to a report by government of India, the chemical export from India had increased from 9.3% in 2003-2008 to 10.6% in 2015-16.
Such trend reflects strong growth aspects for separation machinery particularly in industrial processing. Moreover, chemical manufacturing companies use separation equipment to treat wastewater and optimize energy usage thus encouraging to focus on sustainable development. Few chemical companies are largely investing in innovative solutions which is positively influencing the market. For instance, Kanoria Chemicals & Industries Limited (KCI) established waste to wealth program at its plant located in India with the objective to recover chemically effluent water.

Oil & gas industry plays vital role in the global energy system. Over 31% of primary energy used worldwide is met by oil-based fuels. Thus, oil & gas industry will have demand for separation equipment to separate, remove, or transform these various components such as salt; gases and solids to produce hydrocarbons for fuels. Rising demand for oil-based fuel will propel separation machinery market over the forecast period.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Separation Machinery Market Industry Insights

Chapter 4. Separation Machinery Market, Product By Application

Chapter 5. Separation Machinery Market, By Application

Chapter 6. Separation machinery Market, By Region

Chapter 7. Company Profiles

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