Industrial Centrifuge Market 2024 Size, Share And Industry Insights

The new report published by The Business Research Company, titled ""Industrial Centrifuge Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the industrial centrifuge market size has grown strongly in recent years. It will grow from $9.24 billion in 2023 to $9.77 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The industrial centrifuge market size is expected to see strong growth in the next few years. It will grow to $12.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%.

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Rising Demand For Water Treatment Drives Growth In The Industrial Centrifuge Market
The increase in demand for water treatment is propelling the growth of the industrial centrifuge market. Water and wastewater treatment are required by humanity to meet the growing demand for water resources, not just for municipal and agricultural reasons, but also for important industrial activities. The increase in demand for water treatment is due to the increasing awareness of minimizing wastage of water through the wastewater treatment process, which needs machines such as industrial centrifuges that help in removing the water content from sludge by rotating it at a high speed. For instance, in March 2022, Saudi Arabia announced more than 60 water projects, worth SAR35 billion ($9.33 billion), which will cement Saudi Arabia's position as the largest water desalination market. Therefore, the increase in demand for water treatment is expected to drive the growth of the industrial centrifuge market.

Product Advancements Enhanced Industrial Centrifuge Market
Product innovations are a key trend gaining popularity in the industrial centrifuge market. Companies in the industrial centrifuge market are developing and launching new products to increase brand awareness, create demand for their products and increase their market share. New product launches help players in expanding their product portfolio, acquire new customers, and enhancing their market presence. For instance, in April 2021, Eppendorf, a German leading life science company, launched a new multipurpose centrifuge named Centrifuge 5910 Ri. The new centrifuge is designed to increase efficiency in the laboratory and provides scientists with advanced features to simplify and accelerate the centrifugation steps of their workflow.

The industrial centrifuge market covered in this report is segmented -

1) By Type: Sedimentation Centrifuge, Filtering Centrifuge
2) By Mode Of Operation: Batch Centrifuge, Continuous Centrifuge
3) By Design: Horizontal Centrifuge, Vertical Centrifuge
4) By End User: Chemical Industry, Food And Beverages Industry, Metal Processing Industry, Mining Industry, Pharmaceuticals And Biotechnology Industry, Power Industry, Pulp And Paper Industry, Wastewater Treatment Plants, Water Purification Plants

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Major companies operating in the industrial centrifuge market report are Schlumberger Limited, ANDRITZ AG, GEA Group AG, Alfa Laval Corporate AB, FLSmidth & Co. A/S, SPX Flow Inc., Mitsubishi Kakoki Kaisha Ltd., Flottweg SE, Ferrum AG, Pieralisi North America Inc., Elgin Separation Solutions Industrials LLC, Acutronic Inc., Dedert Corporation, TEMA Systems Inc., Rousselet Robatel Inc., Broadbent Stanley Ltd., SIEBTECHNIK TEMA, Sanborn Technologies, Thomas Broadbent & Sons, HEINKEL Drying & Separation Group, Gruppo Pieralisi - MAIP S.p.A., Hiller Separation & Process GmbH, Centrisys Corporation, Centrifuges Unlimited Inc., CentraSep Technologies Inc., HAUS Centrifuge Technologies, Comi Polaris Systems Inc., US Centrifuge Systems, Western States Machine Company, Pennwalt Limited

Contents of the report:
1. Executive Summary
2. Industrial Centrifuge Market Report Structure
3. Industrial Centrifuge Market Trends And Strategies
4. Industrial Centrifuge Market - Macro Economic Scenario
5. Industrial Centrifuge Market Size And Growth
…..
27. Industrial Centrifuge Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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