Global Industrial Centrifuges Market is Likely to Grow a CAGR of 6.13% during the Forecast Period

The latest market report published by Credence Research, Inc. “Global Industrial Centrifuges Market: Growth, Future Prospects, and Competitive Analysis, 2015 – 2027”. The Global Industrial Centrifuges Market generated revenue of around USD 5,965.06 million in 2020 and is anticipated to grow at a CAGR of over 6.13% during the forecast period from 2021 to 2027 to reach around USD 9,803.62 million in 2027. While, cumulative growth opportunity presented by the global Industrial Centrifuges is around USD 59 billion during 2021 to 2027.

Global Industrial Centrifuges Market, 2020 – 2027 (USD Million)

Browse the full report at Industrial Centrifuges Market Size, Trends, Share and Growth Report | Forecast to 2027 (credenceresearch.com)

Industrial Centrifuges is one of the most important machines used in manufacturing industry across chemical, pharmaceutical, water treatment, food & beverages and paper industry for the particle separation. Industrial Centrifuges are costly equipment  and price of which can go as high as USD 300 K. Active working life of Industrial Centrifuges varies depending upon factors such as operating practices, atmosphere, application, make, capacity, etc. However, globally it is accepted that effective work life for an Industrial Centrifuges of approximate 10 years.

Decanter Industrial Centrifuges to Grow at Rapid Pace

Industrial Centrifuges are available in different types such as Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen. Decanter Industrial Centrifuges are likely to post rapid CAGR over the forecast period. However, sediment Industrial Centrifuges also hold significant position with over 20% share in 2020. Based on operations, Industrial Centrifuges can be segmented into Batch Industrial Centrifuges and Continuous Industrial Centrifuges. Batch Industrial Centrifuges managed to keep its dominance with over 65% share in 2020.

Vertical Industrial Centrifuges to Lead

Horizontal and Vertical are major types of Industrial Centrifuges based on design. Vertical Industrial Centrifuges are most widely used across different verticals. Vertical Industrial Centrifuges accounted for over 60% share in total revenue generated in 2020.

North America Rule the Industrial Centrifuges Industry

Global Industrial Centrifuges industry is dominated by the North America on the account of strong demand from U.S. While Asia Pacific is closely following the demand for Industrial Centrifuges after North America. China, India, South Korea and Japan are contributing toward increasing demand for Industrial Centrifuges in the region. On the other hand, UK, Germany and France collectively held over 50% share in total revenue generated by the Industrial Centrifuges market in Europe.

Chemical and Pharmaceutical Industry to Hold Major Share

Chemical, Power, Food, Wastewater, Pharmaceutical, Paper, etc. are some of the major end-user industries for the Industrial Centrifuges. Chemical and pharmaceutical industry collectively accounted for over 35% share of total revenue generated by the global Industrial Centrifuges industry in 2020. However, water treatment is likely to grow at rapid pace over the forecast period. ANDRITZ AG, Alfa Laval Corporate AB, GEA Group AG, Mitsubishi Kakoki Kaisha, Ltd., Thomas Broadbent & Sons, FLSmidth & Co. A/S, Schlumberger Limited, Ferrum AG, Flottweg SE, SIEBTECHNIK TEMA, HEINKEL Drying & Separation Group, Gruppo Pieralisi – MAIP S.p.A., SPX Flow Inc., HAUS Centrifuge Technologies, Elgin Separation Solutions, Comi Polaris Systems, Inc., Dedert Corporation, US Centrifuge Systems, B&P Littleford, and Pneumatic Scale Angelus are some of the major companies involved in the manufacturing of Industrial Centrifuges.

Market Segmentation

Global Industrial Centrifuges Market by Type, 2015 – 2027

  • Sediment
  • Clarifier
  • Decanter
  • Disc
  • Filter
  • Basket
  • Screen

Global Industrial Centrifuges Market by Operation, 2015 – 2027

  • Batch
  • Continuous

Global Industrial Centrifuges Market by Design, 2015 – 2027

  • Horizontal
  • Vertical

Global Industrial Centrifuges Market by Design, 2015 – 2027

  • Chemical
  • Power
  • Food
  • Wastewater
  • Pharmaceutical
  • Paper

Global Industrial Centrifuges Market by Company, 2015 – 2027

  • Flottweg SE
  • Ferrum AG
  • Schlumberger Limited
  • FLSmidth & Co. A/S
  • Thomas Broadbent & Sons Ltd.
  • Mitsubishi Kakoki Kaisha Ltd.
  • GEA Group AG
  • Alfa Laval Corporate AB
  • Andritz AG
  • Siebtechnik Tema Inc.
  • SIEBTECHNIK TEMA
  • HEINKEL Drying & Separation Group
  • Gruppo Pieralisi – MAIP S.p.A.
  • SPX Flow Inc.
  • HAUS Centrifuge Technologies
  • Elgin Separation Solutions
  • Comi Polaris Systems, Inc.
  • Dedert Corporation
  • US Centrifuge Systems
  • B&P Littleford
  • Pneumatic Scale Angelus
  • Others