ID: MRFR/E&P/0570-HCR | 111 Pages | Author: Priya Nagrale | May 2023
According to the latest research report, the worldwide industrial separator market size is expected to be worth USD 18.41 billion by 2025, up from an estimated USD 9.60 billion in 2019, at a CAGR of 11.46% during the forecast period.
Separation technology has become an important part of process engineering in various industries, boosting the separation machinery industry rapidly. FILTECH, which is the largest filtration exhibition globally, can prove the growing demand for separation machinery. The market trends like the increasing water and wastewater treatment industry across the globe followed by the population boom and government expenditure are expected to drive the global industry demand.
Separation Machinery is important in various industrial processes to get the desired separation or purification. An industrial centrifuge functions like a piece of separation machinery and it utilizes centrifugal force to separate solid from liquid, liquid from liquid, or liquids, from liquids and solids. It is used for the separation of fluids and other particles. These centrifuges rely on centrifugal force to separate heterogeneous mixtures into components varying in density. Industrial centrifuges rotate at high speed with many revolutions per minute (rpm). This rotation induces an inward force relative to the outward centrifugal force. It is a generated centrifugal force that is hundreds of times greater than the force of gravity. A separator is a vessel that separates the gas and liquid components from the fluids recovered from an oil well. An industrial separator is used to purify gases such as natural gas and steam in heavy industries such as electricity, energy, and oil and gas, among others. Pharmaceutical, chemical, mineral fuel, recycling, and catering services are some of the primary end-use sectors for industrial separators. Industrial separators aid in the improvement of process efficiency, the reduction of maintenance costs, and the reduction of energy expenditures.
The centrifugal separator sector accounts for a sizable portion of the worldwide industrial separators market. The segment is being driven by significant demand across end-use industries as well as regular new product releases. Key businesses are developing conventional and customized centrifugal separators for a variety of sectors. Furthermore, centrifugal separators are rapidly being used in wastewater treatment operations and polymer recycling in the recycling sector. Increased government activities concerning environmental protection and optimal natural resource usage are significant factors driving the growth of the worldwide Industrial separator market value.
Industrial separator manufacturers' major initiatives include the development of dependable technology, a broad service network, and significant investment in product innovation. Alfa Laval, for example, will debut Alfa Laval CultureOne, a separation system for single-use processing in the biopharmaceutical industry, in April 2020. Furthermore, important firms are collaborating with foreign distributors and dealers to access worldwide clients and extend their company into unexplored areas.
According to the Water Design-Build Council, U.S. water and wastewater utilities spend approximately USD 50 billion a year modifying, rehabilitating, and expanding their water & wastewater infrastructure. It will reach a market value of USD 6 billion.
The increased spending on water treatment facilities can be attributed to the increasing demand for safe drinking water propelled by the depletion of freshwater sources and growing concerns regarding the rising water scarcity and recycling of wastewater for domestic uses. Increasing wastewater discharge with the rising need for clean water will offer opportunities for wastewater treatment facilities. The U.S. industrial wastewater treatment sector has seen a transition from traditional filtration technology to efficient centrifugal filters to other modified filtration systems. The growing and changing wastewater treatment facilities will positively impact the market expansion.
The regulatory push to utilize industrial separators for water treatment is the major driver for the worldwide industrial separator industry. Various governments have enacted stringent garbage disposal regulations.
Industrial Separators are pieces of machinery used to separate non-identical substances from a mixture. Industrial Separators aid in process efficiency, maintenance cost reduction, and energy cost reduction. Rapid industrialization and infrastructure development, particularly in the Asia-Pacific region, have resulted in a huge opportunity for development and growth in the Industrial separators market.
The high cost of developing technologies is the primary market restriction for the industrial separator industry.
The main market challenge for the industrial separator sector is the high costs of development technologies.
The US Environmental Protection Agency (EPA) recommends diversionary drainage structures, on-site treatment facilities, and oil/water separators as ways to manage and avoid spills. To prevent unintentional oil spills from reaching navigation waterways, the US government has implemented containment devices. As a result, global investment in industrial separators has grown. Furthermore, the worldwide industrial separator market growth is expected to expand rapidly throughout the forecast period, owing to an increase in demand for industrial gases across a variety of end-use sectors, including energy & electricity, oil & gas, healthcare, and others. For example, in 2018, Messer Group (Germany) delivered one of Vietnam's largest industrial gas production facilities. Liquid gases will also be provided to the shipbuilding sector and automobile suppliers by the firm. As a result, the need for industrial separators is increasing.
According to the reports, the worldwide industrial separator market has been divided into three segments: type, end-user, and geography. The worldwide market is divided into magnetic separators, centrifugal separators, cyclone separators, gas-liquid separators, liquid-liquid separators, and others based on type. During the projected period, the centrifugal separator segment is likely to dominate the worldwide market. That's because the segment is used in a variety of applications across all end-use industries, including environmental processes to recover industrial and process fluids by removing contaminants, food and beverage, recycling, drill mud conditioning, mineral production, and the purification of vegetable and milk products, to name a few. The worldwide Industrial separator market has been categorized based on end-user into power, chemical, oil & gas, mining, and others. During the projection period, the oil and gas industry is expected to develop at a faster rate. During the projected period, the worldwide industrial separator market share is predicted to develop at a CAGR of 11.46 percent.
The market is segmented on the basis of type, end-user, and geography. The global industrial separator market trends are expected to witness decent growth during the forecast period.
Based on the application, the market is segmented into magnetic separators, centrifugal separators, cyclone separators, gas-liquid separators, liquid-liquid separators, and others.
Based on the propulsion types, the market is segmented into power, chemical, oil & gas, mining, and others.
According to the reports, on the basis of region, the worldwide industrial separator market is divided into Asia-Pacific, North America, Europe, the Middle East, and Africa, and South America based on geography. During the projection period, Asia-Pacific is anticipated to be the largest and fastest-growing market by region. This is owing to China, Japan, and India investing heavily in the development and use of industrial separators. In terms of market share and growth rate, China dominated Asia-Pacific. Due to the high expansion of industrial machinery and equipment in China, the magnetic separators sector is expected to dominate the industrial separators market in Asia-Pacific.
The projection and analysis for the United States, Canada, and the Rest of North America are included in the country-level bifurcation of the North American market. The industrial separators market in the United Kingdom, Germany, France, and the rest of Europe is covered in the country-level analysis and forecast of the European market. The Asia Pacific market research and forecast include key nations in the area such as India, China, Japan, and the Rest of Asia Pacific. GCC nations, South Africa, and the rest of the Middle East & Africa are included in the Middle East & Africa country-level analysis and forecast for the industrial separators market. The industrial separators market in South America is divided into two segments: Brazil and the Rest of South America.
The economic slump caused by the pandemic has lowered demand for industrial separators across all application industries. Manufacture facility closures, whether complete or partial, have hindered industry results in terms of raw material supply, on-site manufacturing, and after-sales services. CECO Environment provided large-scale 3 phase horizontal separators for one of the largest Country Gathering Centers in the Middle East in February 2019. The separators, which stretch more than 24,000mm, or feet in length, are the first in a five-stage process that involves the separation of gas, water, and oil to achieve the quality necessary for downstream activities. GEA stated in October 2018 that it has completed the sale of its GEA Westfalia Separator Production France SAS business to the French industrial group Altifort. Westfalia specializes in the production of separators and decanters.
The following report comprises of –
|Market Size||2025: USD 18.41 Billion|
|CAGR||11.46% CAGR (2022-2030)|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type and End User|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Abengoa Solar, SA (Spain), Acciona Energy (Spain), GE Renewable Energy (France), TSK Flagsol Engineering GmbH (Germany), Enel Green Power (Italy), BrightSource Energy (US), Atlantica Yield PLC (UK), eSolar Inc. (US), SolarReserve (US), ACWA Power (Saudi Arabia), Chiyoda Corporation (Japan), Alsolen (Morocco), and Soligua (Italy).|
|Key Market Opportunities||New product launches and R&D Amongst major key Players|
|Key Market Drivers||Increasing government initiatives concerning environment conservation Optimum natural resource utilization|
During the assessment period, the global industrial separator market is expected to develop at a CAGR of roughly 11.46 percent (2022-2030).
The worldwide industrial separator market is expected to be worth USD 18.41 billion by the end of 2025.
Abengoa Solar, SA (Spain), Acciona Energy (Spain), GE Renewable Energy (France), TSK Flagsol Engineering GmbH (Germany), Enel Green Power (Italy), BrightSource Energy (US), Atlantica Yield PLC (UK), eSolar Inc. (US), SolarReserve (US), ACWA Power (Saudi Arabia), Chiyoda Corporation (Japan), Alsolen (Morocco), and Soligua (Italy).
The increased deployment of industrial separators in the oil and gas industry due to their high effectiveness in separating moisture and entrained solids, as well as stream separations, are significant tailwinds driving the worldwide industrial separator market's development.
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