Lamella Clarifier Market is expected to be worth US$ 620 million by the end of 2027: FMI

According to the report, the global market will be worth more than US$ 420 million in 2017, rising to more than US$ 620 million by the end of 2027.

During the forecast period, the global lamella clarifier market is expected to grow at a CAGR of 4.1%. According to the report, there is a strong emphasis on research and development activities to introduce a new range of lamella clarifiers while maintaining product quality and efficiency.

A lamella clarifier is a type of settler used to separate liquids from solids. In initial water treatment, it is typically used instead of traditional settling tanks. The working principle of a Lamella Clarifier is gravity settling, which results in a series of slanted plates with a larger projected surface area and a smaller footprint than other clarifiers (circular and rectangular). Paper & pulp, food and beverage, and other sectors employ Lamella Clarifiers.

Future Market Insights' new report gives a clear overview of the global lamella clarifier market. The report is titled 'Lamella Clarifier Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027'. The report depicts the overall performance of the market and an individual analysis of the various segments.

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Global Lamella Clarifier Market: Dynamics

A lot of factors are responsible for influencing the growth of the global lamella clarifier market. One of the major factors contributing to the growth of the market is rapid industrialization and urbanization across the globe which have helped the market improve in a lot of ways including technologically. Also the increase in the number of industries all over the world has helped fuel the application of lamella clarifiers, in turn helping the global lamella clarifier market to witness steady growth.

However the market is expected to face certain restraints as the increase in the number of industries is likely to magnify the competition levels in the global market and therefore, may narrow the profit margin of the companies. There is also an increase in demand for used clarifiers, which has limited the demand for new lamella clarifiers and this can restrict the revenue growth of the global lamella clarifier market.

Global Lamella Clarifier Market: Segmental Highlights

To give the research a holistic view, the global lamella clarifier market is segmented on the basis of application and region. On the basis of application, the segments include the industrial segment and municipal segment. On the basis of region, North America, Latin America, APEJ, Western Europe, Eastern Europe, MEA, and Japan are studied in this report.

Here are some key highlights from the analysis of these segments:

Among the application segments, industrial segment is expected to lead the market with a market value of over US$ 260 Mn in 2017. This includes the chemical and fertilizer segment as the maximum contributing sub-segment with a market share of over US$ 52 Mn in 2017.

Among the regions, Asia Pacific excluding Japan is expected to hold the maximum value in the global market of over US$ 130 Mn in 2017, growing at a CAGR of 3.9% during the forecast period. However in terms of CAGR, North America dominates the global market with a CAGR of 4.8% during the forecast period.

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Global Lamella Clarifier Market: Competitive Dynamics

The research report by FMI, also consists of a section on the competitive scenario of the global market, which highlights the complete profiles of the leading companies in the market. Some of the top companies mentioned in the report are Metso Corporation, Westech Engineering Inc., Ion Exchange (India) Ltd, ENEXIO Germany GmbH, Aes Arabia Ltd, Parkson Corporation, Nordic Water Products AB, Jorsun etc.

Segmentation of the Global Lamella Clarifier Market

Market segmentation plays a very important role in market research by bifurcating a huge market into smaller segments on the basis of different parameters. These segments are analysed individually too, and the report gives a clear idea on the most lucrative segments of the market that will be highly profitable in the upcoming future.

By Application:

• Industrial
o Paper and Pulp Industry
o Food and Beverage Industry
o Oil and Gas Industry
o Chemical and Fertilizer
o Mining and Metals
o Power Industry
• Municipal

By Region:

• North America
• Latin America
• APEJ
• Western Europe
• Easter Europe
• MEA
• Japan

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About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.

This release was published on openPR.