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Industrial Centrifuge Market Size & Share to See Modest Growth Through 2024

08-17-2017 12:37 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: zion market research

Industrial Centrifuge Market Size & Share to See Modest Growth

Global Industrial Centrifuge Market: Overview

The industrial centrifuge is a mechanism that is used for separation of fluid and particle. Centrifugal force rotations powered by an electric motor are used to generate gravity, which is several hundred or thousands of times of earth’s gravity. Industrial centrifuges are used for separating solids from liquids, liquid–liquid–solid separation, and liquid–liquid separation. The separation normally involves separation of insoluble particles from liquids or mixed liquids of different density and centrifugally. The industrial centrifuge is extensively used in industries to separate solid from a liquid. Chemical industries, pharmaceutical industries, engineering industry, and other industries widely used an industrial centrifuge.

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Global Industrial Centrifuge Market: Segmentation

The global industrial centrifuge market can be classified into type, mode of operation, design and end use. The global industrial centrifuge market is further divided as sedimentation centrifuges and filtering centrifuges. The sedimentation centrifuges are used in different gravities of materials. However, filtering centrifuges are used in filtration media. Based on the mode of operation the global market is bifurcated as a batch centrifuge and continuous centrifuge. The industrial centrifuge market is also classified as a vertical model, horizontal model, bottom discharge, and manual top discharge based on the design. The global industrial centrifuge market is divided on the basis of end use application as water processing, chemical processing, pharmaceutical and biotechnology industries, fuel and biofuel industry, food processing, mining and mineral processing and so on.

Global Industrial Centrifuge Market: Growth Factors

The global industrial centrifuge market is witnessing high demand for water processing and chemical process industries. The growth of food processing industries, pharmaceutical, and biotechnology industries are also fueling the global industrial centrifuge market. Technological development and increasing awareness about the environment and wastewater management will also contribute to the growth of the global market. However, the high cost of centrifuges is major factor restraining the growth of industrial centrifuge market.

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Global Industrial Centrifuge Market: Regional Analysis

Geographically, the global industrial centrifuge market is categorized as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America contributes the largest market share in the global market. The industrial centrifuge market in Latin America is poised to increase in future due to growing industrialization and emerging economies such as Brazil and Mexico. Asia Pacific is witnessing high growth in industrial centrifuge market due to factors such as rising in population, improvement in disposal income, demand for wastewater treatment systems, rapidly growing pharmaceutical, and chemicals industries.

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Global Industrial Centrifuge Market: Competitive Players

Key players in the global industrial centrifuge market are Andritz, Alfa Laval AB, Flsmidth & Co. A/S, Hiller GmbH, Thomas Broadbent & Sons, Ltd. Other players include Ferrum AG, Flottweg Separation Technology, Westfalia Separator Group GmbH, Tema Systems, Inc., and MI Swaco.

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