Global Industrial Centrifuges Market Opportunity Analysis and Industry Forecast 2019
The increasing demand for centrifuges in process industries, rising need for wastewater management solutions, and technological advancements in centrifuge systems are the major factors driving the growth of this market.
(firmenpresse) - Development of next-generation centrifuges and growing demand for centrifuges in developing countries are expected to offer significant growth opportunities for players in the coming years.
What the Market Looks Like?
Predicted to grow at a CAGR of 4.9% during the forecast period, the Global Industrial Centrifuges Market is estimated to reach USD 11.06 Billion by the end of 2022. In 2017, North America is expected to account for the largest share of the market.
Based on type, the global Industrial Centrifuges Market is segmented into sedimentation centrifuges and filtering centrifuges. In 2017, the sedimentation centrifuges segment is expected to account for the largest share of the Industrial Centrifuges Market. The wide range of industrial applications, the ability to achieve high speeds, increase in oil and gas explorations, and rising need for wastewater treatment are the major factors contributing to the growth of this segment.
Based on end-user, the Industrial Centrifuges Market is segmented into the chemical industry, food & beverage industry, metal industry, mining industry, pharmaceutical and biotechnology industries, power industry, pulp and paper industry, wastewater treatment plants, and water purification plants. In 2017, the wastewater treatment plants segment is expected to witness the highest growth during the forecast period.
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What Drives the Market?
The growth of the global market for Industrial Centrifuges is primarily influenced by the following factors:
Geographical growth scenario of Industrial Centrifuges Market
Geographically, the market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). In 2017, North America is expected to account for the largest share of the Industrial Centrifuges Market, followed by Europe.
Leading market players and strategies adopted:
The prominent players in the Industrial Centrifuges Market include Andritz, Alfa Laval, GEA Group, Mitsubishi Kakoki Kaisha, Thomas Broadbent, FLSmidth, Schlumberger, Hiller, Ferrum, TEMA, HEINKEL, Gruppo Pieralisi, SPX Flow, and HAUS Centrifuge Technologies. These companies are focusing on strategies such as product launches, expansions, agreements, collaborations, and acquisitions to increase their offerings in the market and cater to the increasing demand for industrial centrifuges.
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Themen in dieser Pressemitteilung:
industrial-centrifuges
industrial-centrifuges-market
industrial-centrifuges-market-size
industrial-centrifuges-market-share
industrial-centrifuges-market-research
industrial-centrifuges-market-growth
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales(at)marketsandmarkets.com
Datum: 18.07.2019 - 06:00 Uhr
Sprache: Deutsch
News-ID 1550822
Anzahl Zeichen: 3119
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Typ of Press Release: Financial
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Date of sending: 18.07.2019
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