Global Industrial Centrifuges Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 2.61 Million |
Market Size (Forecast Year) |
USD 3.75 Million |
CAGR |
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Major Markets Players |
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Global Industrial Centrifuge Market Segmentation, By Equipment Type (Sedimentation Centrifuge, Filtering Centrifuge), Mode of Operation (Batch Centrifuge, Continuous Centrifuge), Design (Horizontal Centrifuge, Vertical Centrifuge), End-User (Food and Beverages Industry, Pharmaceuticals, Biotechnology Industry), Distribution Channel (Direct, Indirect) – Industry Trends and Forecast to 2031.
Industrial Centrifuge Market Analysis
Industrial centrifuges are used to separate three-phase systems and have a variety of applications such as chemical processing, food processing, mining & mineral processing, fuel & biofuel industries, wastewater processing, and pulp & paper industries.
Industrial Centrifuge Market Size
Global industrial centrifuge market size was valued at USD 2.61 billion in 2023 and is projected to reach USD 3.75 billion by 2031, with a CAGR of 4.6% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Industrial Centrifuge Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Key Market Players |
ANDRITZ (Austria), ALFA LAVAL (Sweden), GEA Group Aktiengesellschaft (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Thomas Broadbent & Sons Ltd (U.K.), FLSmidth (Denmark), Schlumberger Limited (U.S.), Ferrum Ltd. (Switzerland), Flottweg SE (Germany), SIEBTECHNIK TEMA GmbH (Germany), HEINKEL Process Technology GmbH (Germany), Gruppo Pieralisi - MAIP S.p.A. (Italy), SPX Flow Inc. (U.S.), HAUS Centrifuge Technologies (Turkey), Elgin Power and Separation Solutions (U.S.), Dedert Corporation (U.S.), US Centrifuge Systems (U.S.), B&P Littleford (U.S.) |
Market Opportunities |
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Industrial Centrifuge Market Definition
Centrifuges are machines that separate substances with different densities, remove moisture, and promote gravitational effects by using centrifugal force. Solid-liquid separation, liquid-liquid separation, and liquid-liquid-solid separation are all done with industrial centrifuges.
Industrial Centrifuge Market Dynamics
Drivers
- Adoption of industrial centrifuge from various end-user industries
In the process industries, centrifuges are increasingly being used to separate two or three immiscible phases. Some of the industries that use industrial centrifuges are chemical processing, food processing, metal processing, mining, mineral processing, pharmaceutical and biotechnology industries, fuel and biofuel industries, wastewater processing, and pulp and paper industries.
- Increasing disposable income and high demand in developing countries
Increasing disposable income and a rapidly growing global population also drive demand for industrial centrifuges. Furthermore, rising food demand, changing lifestyles, and untapped potential in developing countries are expected to drive market growth. Again, the rising demand for centrifuges in developing countries will create new opportunities for the industrial market during the forecast period.
Opportunity
Rapid urbanisation is taking place in developing countries such as India, Malaysia, Indonesia, and China, with infrastructure improvements in areas such as wastewater treatment, pharmaceutical and biotech industries, and food and beverage. The rapid economic growth of these countries has encouraged the establishment of various process industries, which is expected to drive demand for centrifugation equipment.
Restraints
The high cost of industrial centrifuges stifles market growth, particularly in developing countries. Industrial centrifuges are costly pieces of machinery, as are the procedures that necessitate their use. This is primarily due to the requirement for special vibration-absorbing foundations, as well as the high manufacturing and maintenance costs associated with high-speed parts. Furthermore, centrifuges are not a one-size-fits-all piece of equipment, and almost every centrifuge is custom-designed for a specific application based on end-user specifications.
This industrial centrifuge market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Industrial centrifuge market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Industrial Centrifuge Market
The COVID-19 outbreak has impeded global business and economic activity. It is expected to have some short-term impact on the industrial centrifuge market. Production and manufacturing have been severely impacted as a result of several countries around the world announcing nationwide lockdowns and temporary closures of various industries. Trade barriers have exacerbated the demand-supply imbalance. Non-essential visits/activities in the industrial centrifuge market have been halted until the COVID-19 outbreak is resolved.
Industrial Centrifuge Market Scope
The industrial centrifuge market is segmented on the basis of equipment type, mode of operation, design, end user and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment Type
- Sedimentation centrifuge
- Filtering centrifuge
On the basis of equipment type, the industrial centrifuge market is segmented into sedimentation centrifuge and filtering centrifuge.
Mode of operation
- Batch centrifuge
- Continuous centrifuge
On the basis of mode of operation, the industrial centrifuge market is segmented into batch centrifuge and continuous centrifuge.
Design
- Horizontal centrifuge
- Vertical centrifuge
On the basis of design, the industrial centrifuge market is segmented into horizontal centrifuge and vertical centrifuge.
End-user
- Pharmaceuticals
- Biotechnology
- Food and beverages
On the basis of end-user, the industrial centrifuge market is segmented into food and beverages industry, pharmaceutical and biotechnology industry.
Distribution channel
- Direct
- Indirect
On the basis of distribution channel, the industrial centrifuge market is segmented into direct and indirect.
Industrial Centrifuge Market Regional Analysis
The industrial centrifuge market is analyzed and market size insights and trends are provided by country, equipment type, mode of operation, design, end-user and distribution channel, as referenced above.
The countries covered in the industrial centrifuge market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In Europe, Germany is expected to grow fastest from 2024 to 2031 as the significant industrialist focuses on developing food and beverage products using industrial centrifuges and expanding their applications. China is expected to grow in Asia-Pacific from 2024 to 2031, as many industries focus on industrial centrifuge manufacturing due to high demand in the region. The United States dominates the North American market because many industries, such as pharmaceuticals and food and beverage, rely on industrial centrifuges for their operations.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Industrial Centrifuge Market Share
The industrial centrifuge market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial centrifuge market.
Industrial Centrifuge Market Leaders Operating in the Market Are:
- ANDRITZ (Austria)
- ALFA LAVAL (Sweden)
- GEA Group Aktiengesellschaft (Germany)
- Mitsubishi Kakoki Kaisha, Ltd. (Japan)
- Thomas Broadbent & Sons Ltd (U.K.)
- FLSmidth (Denmark)
- Schlumberger Limited (U.S.)
- Ferrum Ltd. (Switzerland)
- Flottweg SE (Germany)
- SIEBTECHNIK TEMA GmbH (Germany)
- HEINKEL Process Technology GmbH (Germany)
- Gruppo Pieralisi - MAIP S.p.A. (Italy)
- SPX Flow Inc. (U.S.)
- HAUS Centrifuge Technologies (Turkey)
- Elgin Power and Separation Solutions (U.S.)
- Dedert Corporation (U.S.)
- US Centrifuge Systems (U.S.)
- B&P Littleford (U.S.)
Latest Developments in Industrial Centrifuge Market
- FLSmidth and the University of Denmark extended their partnership for four years in 2017 to explore new ways of collaborating in the global cement and mining industries.
- GEA introduced the GEA sludge Decanter proline in 2020.
- Alfa Laval introduced the ALDEC G3 VecFlow decanter in 2019.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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