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08-Nov-2023

Industrial Centrifuges Global Strategic Business Report 2023: Market to Reach $10.3 Billion by 2030 - Robust Consumption of Processed Foods & Ensuing Rise in Investments - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Industrial Centrifuges - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.



Global Industrial Centrifuges Market to Reach $10.3 Billion by 2030

The global market for Industrial Centrifuges estimated at US$7.3 Billion in the year 2022, is projected to reach a revised size of US$10.3 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030.

Sedimentation, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$6.8 Billion by the end of the analysis period. Growth in the Filtering segment is estimated at 3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 7% CAGR

The Industrial Centrifuges market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

MARKET OVERVIEW

  • Importance of Separation Processes in Process Industries Brings Industrial Centrifuges Into the Spotlight
  • Global Economic Update
  • Competition
  • Industrial Centrifuges - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Industrial Centrifuges: Overview, Working Principle, Types & Benefits
  • World Brands
  • Recent Market Activity
  • Innovations

MARKET TRENDS & DRIVERS

  • Cautious Optimism in the Mining Industry Brings Relief for Manufacturers of Centrifuges Designed for Use in Mining & Mineral Processing
  • As Mining Companies Pursue Development of More Growth Options Through Expansion Plans, Poised to Benefit Are Industrial Centrifuges: Global Mining Project Development Spending (In US$ Billion) as of the Year 2023
  • Robust Demand for Medicines to Open New Growth Avenue for Industrial Centrifuges in Pharmaceutical Drugs Manufacturing
  • Rising Prevalence of Chronic Diseases Amplifies Demand for Pharmaceutical Drugs Creating a Parallel Opportunity for Industrial Centrifuges in Drug Manufacturing: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2023 and 2030
  • Robust Consumption of Processed Foods & Ensuing Rise in Investments in Food Processing to Spur Demand for Industrial Centrifuges
  • Higher Consumption of Processed Foods Translates Into Increased Investments in Food Production Equipment Including Industrial Centrifuges: Global Opportunity for Packaged Foods & Food Processing Equipment (In US$ Billion) for Years 2022, 2024, 2026 and 2028
  • Strong Demand for Chemicals Drives Opportunities for Industrial Centrifuges in Chemical Manufacturing
  • Robust Chemical Consumption & Resulting Increase in Manufacturing Activity & Production Investments to Benefit Demand for Industrial Centrifuges: Global Chemicals Market (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
  • Growing Focus on Wastewater Treatment Amid Sustainability Goals Drives Demand for Industrial Centrifuges
  • Growing Market for Wastewater Treatment to Expand the Addressable Market Opportunity for Industrial Centrifuges: Global Market for Wastewater Treatment (In US$ Billion) for Years 2023, 2025, 2027, 2029 and 2031
  • Special Focus on Dewatering Centrifuge
  • Energy Efficiency of Industrial Centrifuges Storms Into the Spotlight

FOCUS ON SELECT PLAYERS (Total 98 Featured)

  • Alfa Laval Corporate AB
  • ANDRITZ AG
  • B&P Littleford
  • Dedert Corporation
  • Ferrum AG
  • Flottweg SE
  • FLSmidth & Co. A/S
  • GEA Group AG
  • HAUS Centrifuge Technologies
  • HEINKEL Drying & Separation Group
  • Mitsubishi Kakoki Kaisha, Ltd.
  • PIERALISI MAIP SPA
  • Pneumatic Scale Angelus
  • Schlumberger Limited
  • SIEBTECHNIK TEMA
  • SPX Flow Inc.
  • Thomas Broadbent & Sons Ltd.
  • US Centrifuge Systems

For more information about this report visit https://www.researchandmarkets.com/r/bf3nmv

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Last Updated: 08-Nov-2023