Press release
Navigating Separation Machinery Market: Size, Growth, Trends, Forecast 2024-2033 || Alfa Laval AB, GEA Group, ANDRITZ Separation India Pvt Ltd
Separation Machinery Global Market Report 2024
The Business Research Company presents an extensive market research report on the Separation Machinery Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The separation machinery market size has grown strongly in recent years. It will grow from $89.69 billion in 2023 to $94.33 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to infrastructure growth, global economic trends, laboratory and research applications, focus on recycling and waste management, energy sector development, pharmaceutical industry demands..
The separation machinery market size is expected to see strong growth in the next few years. It will grow to $116.26 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to research and laboratory expansion, global infrastructure development, renewable resource focus, efficiency and productivity demands, biotechnology advancements.. Major trends in the forecast period include demand for recycling, industry 4.0 integration, environmental regulations, mining and mineral processing, food and beverage industry trends..
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Key Market Players:
Major companies operating in the separation machinery market report are Alfa Laval AB, GEA Group, ANDRITZ Separation India Pvt Ltd., Sweco, Mitsubishi Kakoki Kaisha, Russell Finex Ltd., ACS Manufacturing Inc., CECO Environmental Ltd., Ferrum AG, Gruppo Pieralisi, Parkson Corporation, Hiller Separation & Process, Rotex, Industriefabrik Schneider, Kaisha Russell Finex, Forsberg's Inc., Schlumberger, Taiyo Nippon Sanso, Gas Engineering LLC, JSC Cryogenmash, Sichuan Air Separation, Eaton Filtration LLC, B&P Littleford LLC, BHS-Sonthofen Inc., Centrifuge World, Centrisys Corporation, Chemtech Services Inc., Coperion K-Tron, Crown Iron Works Company, Derrick Corporation, Donaldson Company Inc.
Market Drivers:
The increasing water and wastewater treatment industry is driving the growth of the separation machinery market. Wastewater treatment refers to removing as many suspended solids as possible before discharging the leftover water, known as effluent, back into the environment. The water and wastewater treatment industry are increasing, as the requirement for industrial wastewater treatment is the need for industrial process water. The separation machinery is used in waste and wastewater treatment to remove the grit from sewage. For instance, in 2021, according to a report on Progress on Wastewater Treatment by the United Nations, analyzing statistics from 128 nations representing 80% of the world's population, 56% of home wastewater flows were successfully treated globally in 2020. Therefore, the increasing water and wastewater treatment industry is expected to propel the growth of the separation machinery market over the coming years.
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https://www.thebusinessresearchcompany.com/report/separation-machinery-global-market-report
The separation machinery market covered in this report is segmented -
1) By Type: Industrial Centrifuges, Magnetic Separators, Membrane Separators, Stage Separators, Industrial Separators, Evaporators, Other Types
2) By Application: Life Sciences, Water And Wastewater, Transportation, Heating, Ventilation, And Air Conditioning (HVAC) And Environmental, Industrial Processing, Other Applications
3) By Sales Channel: Direct Channel, Distribution Channel
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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