Global Sedimentation and Centrifugation Equipment Market: Introduction
Sedimentation and centrifugation equipment are used for liquid separation applications. These equipment include disk centrifuges, decanters, clarifiers, dissolved airfloatation systems and hydrocyclones. Sedimentation and centrifugation equipment are used for various industrial applications, mainly for the purification of wine and the dewatering of the sludge. Water, energy, mining and food and beverage are some of the end use industries progressively using sedimentation and centrifugation equipment. In the healthcare production industry, sedimentation and centrifugation equipment are used to isolate viruses, cells and cellular cells. Additionally, molecules, such proteins and nucleic acids, can also be separated. Researchers and scientists use sedimentation and centrifugation equipment for various applications, such as the development of new molecules in specimen separation, drug discovery and analysis of particles. Food manufacturers and municipal wastewater treatment plants are the largest purchasers of sedimentation and centrifugation equipment. The global sedimentation and centrifugation market is diversified and competitive due to the presence of a great number of international and regional vendors across the globe.
Global Sedimentation and Centrifugation Equipment Market: Dynamics
Demand from process industries is driving the sedimentation and centrifugation equipment market. Chemical, food and beverage, pharmaceutical, mining and mineral and pulp & paper industries use sedimentation and centrifugation equipment for finishing the production process with the respective raw materials to achieve the end-product. There is substantial growth in the energy sector segment due to the construction of hundreds of ethanol plants throughout all regions. Factors, such as rising demand for vitro diagnostic products for the treatment and diagnostic of diseases, is fueling the sedimentation and centrifugation equipment market growth.
The high cost of sedimentation and centrifugation equipment is one of the foremost challenges in the market. Demand for customized centrifuges according to applications has led to a surge in the equipment cost. The high cost of sedimentation and centrifugation equipment has made end-consumers reluctant to invest. The reduction in drilling activity has had a significant impact on the sales of this equipment. With the help of advanced sedimentation and centrifugation equipment, uranium enrichment will be completed.
Global Sedimentation and Centrifugation Equipment Market: Segmentation
The sedimentation and centrifugation market can be segmented on the basis of equipment type and end use industries
On the basis of equipment type, the sedimentation and centrifugation market can be segmented as:
On the basis of end-use industries, the sedimentation and centrifugation market can be segmented as:
Global Sedimentation and Centrifugation Equipment Market: Regional Outlook
The demand for sedimentation and centrifugation equipment in different geographical regions differs based on the industrialization and presence of manufacturing and processing plants in different countries. Europe and North America standout among all from the perspective of industrialization in these regions. Asia Pacific also holds a large market share in the sedimentation and centrifugation market. Increasing population and the growing need for energy are fueling the demand for food processing and wastewater treatment, which in turn is propelling market growth. Expansion in pharmaceutical and chemical industries is another factor driving the market growth in the Asia Pacific region. China is a prominent market player for the Asian pharmaceutical industry. With an augmented number of pharma companies and their respective R&D work, the demand for sedimentation and centrifugation equipment also increases. The increase in technological advancements, geriatric population, and emphasis on the launch of new products by market players are other key factors boosting the market growth in the Middle East region. The market in Latin America is also estimated to grow steadily in the upcoming years.
Global Sedimentation and Centrifugation Equipment Market: Market Participants
Examples of some of the market participants identified across the value chain of the centrifugation equipment market are:
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.