Exploring the Growing Industrial Centrifuges Market by 2025


Posted February 7, 2023 by Prachi001

Industrial Centrifuges Market is expected to reach a value of US$ 8.7 billion by 2025, registering a steady growth rate of 3.5% over the forecast period.

 
The global Industrial Centrifuges Market is expected to experience significant growth over the forecast period due to the increasing prevalence of chronic and acute wounds, advancement in wound dressing technologies, and growing demand for advanced wound management products. Industrial Centrifuges are medical products that are used to protect wounds and facilitate healing. They are available in a variety of forms such as foam dressings, hydrocolloid dressings, alginate dressings, film dressings, hydrogel dressings, and others.

Currently, Industrial Centrifuges Market is expected to reach a value of US$ 8.7 billion by 2025, registering a steady growth rate of 3.5% over the forecast period. A centrifuge is a machine that spins a liquid or solid at a high speed to separate its components or to remove impurities from it. Industrial centrifuges are used to separate or clarify materials from suspensions or gas streams or to remove moisture from products.

The increasing demand from the food and beverage industry, the pharmaceutical industry, biotechnology, and chemical industries is the major factor driving the growth of the industrial centrifuges market. The growing demand for centrifuges from the chemical industry is attributed to its ability to separate solids from liquids and to separate mixtures of liquids with different densities. Industrial centrifuges are also used to separate and clarify fluids, such as oil and water, and to separate mixtures of solid particles, such as yeast and sugar.

The global industrial centrifuges market is segmented on the basis of product type, end-user, and geography. By product type, the market is further segmented into decanter centrifuges, sedimentation centrifuges, disc centrifuges, and others. Decanter centrifuges are expected to register the highest growth rate over the forecast period, owing to their wide range of applications in industries such as food and beverage, chemical, and pharmaceutical.

By end-user, the market is segmented into food and beverage, pharmaceutical, biotechnology, chemical, and others. The food and beverage industry is expected to dominate the market over the forecast period, due to the increasing demand for centrifuges for the processing and manufacturing of food products. The pharmaceutical industry is also projected to register a steady growth rate, owing to the increasing demand for centrifuges for the separation, purification, and filtration of chemicals.

Geographically, the global industrial centrifuges market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Asia-Pacific is expected to be the largest regional market, due to the presence of a large number of manufacturers in countries such as China and India. The increasing demand for centrifuges from the food and beverage, pharmaceutical, and chemical industries is expected to drive the growth of the market in this region.

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Sedimentation centrifuges to dominated the industrial centrifuge market in 2019

On the basis of type, the industrial centrifuge market is segmented into sedimentation centrifuges and filtering centrifuges. In 2019, the sedimentation centrifuge segment accounted for the largest share of the industrial centrifuge market. The wide range of industrial applications, the ability to achieve high speeds, increase in oil and gas explorations, and the rising need for wastewater treatment are the major factors contributing to the growth of this segment.

Clarifier segment accounted for the largest share of the sedimentation centrifuge market, by type, in 2019

On the basis of type, the sedimentation centrifuge market is segmented into clarifiers/thickeners, decanter centrifuges, disk stack centrifuges, hydrocyclones, and other sedimentation centrifuges. In 2019, the clarifier/thickener segment accounted for the largest share of the sedimentation centrifuges market. These centrifuges are used in a number of industries, including wastewater treatment, mining, power, beverages, food processing, pharmaceuticals and biotechnology, and chemicals.

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Recent Developments

In 2017, FLSmidth and the University of Denmark extended their partnership for a four-year period to discover additional ways of working together in the global cement and mining industries.
In 2020, GEA launched GEA sludge Decanter pro line
In 2019, Alfa Laval launched ALDEC G3 VecFlow decanter
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https://www.prnewswire.com/news-releases/industrial-centrifuge-market-worth-9-0-billion-by-2025--exclusive-report-by-marketsandmarkets-301124410.html
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Tags industrial centrifuges market size , industrial centrifuges market by application , industrial centrifuges market by growth
Last Updated February 7, 2023