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Separation Machinery Market Report by Regional Outlook & Growth Forecast to 2027
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Separation Machinery Market Demand Analysis and Growth Forecast from 2021 to 2027 • Mounting industrial activities around the world across sectors such as chemical, pharmaceutical, food & beverage, etc. is estimated to call in for the demand of separation machineries over the forthcoming years. In this regard, it would be crucial to mention that the global separation machinery market size, according to Global Market Insights, Inc., is projected to surpass USD 110.6 billion by 2026. • Separation machines find massive application in industries for processing of raw materials, separation of mixtures, filtration of solvents and solutions along with the processing of final products. This has urged industry players to develop advanced solutions to effectively serve the consumer demand. • Industrial processing segment across the overall separation machinery market is projected to observe a substantial CAGR of more than 4.1% through 2027. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Another important application segment which is propelling the market space is the HVAC & environment. According to the report, the segment is anticipated to register a significant valuation of over USD 17 billion by 2027 owing to the increased installation of filter type separation machines in HVAC systems for the filtration or removal of smoke, odors, heat, dust, carbon dioxide, air-borne bacteria and other gases. Rising application of HVAC systems across commercial and residential sectors driven by growing population and increased consumer spending is potentially complementing the segment growth further. • Speaking of life sciences, the application segment was valued at USD over 12.8 billion in 2020 and is estimated to observe a substantial CAGR of 4.2% through 2027. The growth can be attributed to huge demand for separation techniques including synthetic, semisynthetic membranes and filters in life sciences. This in turn requires separating equipment such as electrophoresis, centrifuges, etc., to separate different components of the solutions as well as to separate liquid mixtures of varied densities. • Although, Saudi Arabia reportedly reuses only 18% of its wastewater, which shows enormous potential for separation machinery industry. In addition, rising population and climate change in the Arabian cities is putting pressure on available water resources and sanitation systems. Over 5% of world’s population resides in Middle East & Africa and secures less than 1% of world’s water resource. This is favoring the product penetration in the region. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • In terms of the regional outlook, Middle East & Africa has emerged as a strong growth avenue for separation machinery market and is expected to record a robust CAGR of 4% through 2027. This is majorly due to the elevating demand for separation machinery for water and wastewater treatment from past few years. Increasing water scarcity in MEA has evoked the need for water reuse significantly. Same is evident from Global Water Intelligence report, which estimates that MEA region is expected to become third-largest water reuse market on global fronts. • Competitive Analysis • Key Players operating in the market are: Alfa Laval, Gruppo Pieralisi, ANDRITZ, GEA Group, Schlumberger, SWECO, Hiller Separation & Process, Russell Finex, Mitsubishi Kakoki Kaisha, Parkson Corporation, ACS Manufacturing, Inc., Industriefabrik Schneider, CECO Environmental, Ferrum AG, Forsberg's, Inc., Rotex © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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