Global Industrial Centrifuges Business Report 2023: Market to Reach $10.3 Billion by 2030 - U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 7% CAGR
Wednesday, January 10, 2024
DUBLIN, Jan. 2, 2024 /PRNewswire/ -- The "Industrial Centrifuges - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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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 report on Industrial Centrifuges underscores the significance of separation processes in various process industries, shedding light on the critical role played by industrial centrifuges in these processes. Additionally, the report provides a global economic update, highlighting key factors such as global oil prices, inflation rates, world economic growth projections, and unemployment rates that impact the industrial landscape.
In the context of competition, the report offers insights into the global industrial centrifuges market, including the percentage market share of key competitors in 2023. It also assesses the competitive market presence of players worldwide in the same year. Furthermore, the report delves into the fundamentals of industrial centrifuges, including their overview, working principles, types, and associated benefits. It features world brands in the industrial centrifuge industry and provides information on recent market activities and innovations.
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$1.7 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET TRENDS & DRIVERS
-- Cautious Optimism in the Mining Industry Brings Relief for Manufacturers
of Centrifuges Designed for Use in Mining & Mineral Processing
-- As Mining Companies Pursue Development of More Growth Options Through
Expansion Plans, Poised to Benefit Are Industrial Centrifuges: Global
Mining Project Development Spending (In US$ 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
-- 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:
-- 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
-- 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
-- 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/ysl2z
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SOURCE Research and Markets
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