Title: Separation Machinery Market is anticipated to witness robust demand during 2019 - 2024
1Separation Machinery Market Growth Insights
Report over 2019 - 2024
- Separation Machinery Market has proved to be of
vital importance in the healthcare sector, where
technological advancements have permitted the
incursion of separation systems in most of the
medical tests and drug manufacturing processes.
Medical centrifuges are essential in the
separation of blood cell layers from blood
samples, in DNA separation for diagnostic
purposes and in many other applications due to
their high reliability and cost-effective
operations. The practicality of separation
equipment in studies pertaining to different
branches of life sciences will give a great
impetus to the separation equipment market. - Owing to the extensive requirement of separation
equipment in supply or expulsion of clean water,
the separation machinery market earned the
highest remuneration from the water and
wastewater segment, which held 20 percent of the
overall share in 2017. The segment is expected to
deliver additional propulsion to the separation
machinery industry in the future, where
manufacturing plants, sustainable cities and
large establishments may install closed-cycle
waters systems for the recycling of waste water.
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2- Separation Machinery Market Scenario
- Separation machinery market has gained an
unprecedented advantage within the chemical,
material and other industry verticals where
separating constituents of a mixture forms an
integral part of the entire process. The
accelerated industrial development concurrent
with the rising population will lead to a
tremendous surge in the consumption of utilities
like power, water, transportation and
communication. - Subsequently, the oil gas segment will be
propelled further along with the realization of
large scale water treatment. These sectors
present a vast opportunity for the separation
machinery industry owing to the need for
filtering away unnecessary elements or
contaminants. The food and healthcare sectors
will also be impacted due to the increased
population and the separation equipment market
will benefit from adoption by companies ranging
from consumer product manufacturers to the
providers of medical solutions. - It is estimated that approx. 80 percent of the
waste water globally is released in to the water
bodies without treatment, mostly in the emerging
economies that lack proper infrastructure,
technical capabilities and finance. Essentially,
provision of better sanitary services guarantees
the lowering of health risks and additional
health improvements, which can be achieved
thought effective wastewater management.
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4- In 2017, North America held maximum market share
in global separation machinery market, the region
has been witnessing tremendous growth over the
years owing to high demand for hydrocarbons.
Further, Asia Pacific is likely to propel with a
CAGR of 4.5 owing to industrial revolution and
social economic factors.
- With the mounting pressure put on the developed
as well as emerging countries by UN to follow
waste water treatment and recycling processes,
the need for effective separation of pollutants
and impurities will drive the separation
machinery market growth. Anticipated to witness a
4 percent CAGR over 2018-2024, the market
comprises of key players such as SWECO, Alfa
Laval Corporate AB, Russel Finex, ACS
manufacturing, Ferrum AG among others.
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