According to the new market research report "Industrial Centrifuge Market by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User (Chemical, Power, Food, Wastewater, Pharmaceutical, Paper) and Region - Global Forecast to 2025", published by MarketsandMarkets™, the global Industrial Centrifuge Market is projected to reach USD 9.0 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 4.4% between 2020 and 2025.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59612221The increasing demand for centrifuges in process industries and the rising need for wastewater management solutions are the major factors driving the growth of this market.

However, the high cost of centrifuges is expected to restrain the market growth during the forecast period.Sedimentation centrifuges to dominated the industrial centrifuge market in 2019On the basis of type, the market is segmented into sedimentation centrifuges and filtering centrifuges.

In 2019, the sedimentation centrifuge segment accounted for the largest share of the 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.Browse in-depth TOC on "Industrial Centrifuge Market"232 – Tables33 – Figures227 – PagesClarifier segment accounted for the largest share of the sedimentation centrifuge market, by type, in 2019On 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.North America is the largest regional market for industrial centrifuge in 2019In 2019, North America accounted for the largest share of the industrial centrifuge market, followed by Europe.

According MarketsandMarkets Research – The Global Industrial Centrifuge Market is projected to reach USD 9.0 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 4.4% between 2020 and 2025.COVID-19 Impact on the Global Industrial Centrifuge Market;The COVID-19 outbreak has disrupted business and economic activities globally.

With several countries across the globe announcing nationwide lockdowns and temporary closures of various industries, production and manufacturing have been severely affected.

Trade barriers have further impacted the demand-supply gap.

Companies operating in the market have suspended non-essential visits/activities until the COVID-19 outbreak is resolved.Growth Drivers in Depth:Increasing demand for centrifuges from process industriesGrowing need for wastewater management solutionsGrowth Opportunity: Growing demand for centrifuges in developing countries;Developing countries such as India, Malaysia, Indonesia, and China are witnessing rapid urbanization, with infrastructure improvements in several sectors, such as wastewater treatment, pharmaceutical & biotech industries, and food and beverage.

The rapid economic growth in these countries has encouraged the establishment of various process industries, which in turn is expected to drive the demand for centrifugation equipment.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=59612221Sedimentation centrifuges to dominated the industrial centrifuge market in 2019On the basis of type, is segmented into sedimentation centrifuges and filtering centrifuges.

In 2019, the sedimentation centrifuge segment accounted for the largest share of the market.

According to the new market research report “Industrial Centrifuge Market by Type (Sediment, Clarifier, Decanter, Disc, Filter, Basket, Screen), Operation (Batch, Continuous), Design (Horizontal, Vertical), End User (Chemical, Power, Food, Wastewater, Pharmaceutical, Paper) and Region – Global Forecast to 2025″, published by MarketsandMarkets™, is projected to reach USD 9.0 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 4.4% between 2020 and 2025.Growth Driver: Increasing demand for centrifuge from process industries;Industrial centrifuges are used for the separation of two- or three-phase systems and have a range of industrial applications.

Many process industries are increasingly using various types of centrifuge equipment for the separation of two or three immiscible phases.

Some of these industries include chemical processing, food processing (including dairy and beverage industry), metal processing, mining and mineral processing, pharmaceutical and biotechnology industries, fuel and biofuel industries, wastewater processing, and pulp and paper industries.Opportunity: Growing demand for centrifuges in developing countries;Developing countries such as India, Malaysia, Indonesia, and China are witnessing rapid urbanization, with infrastructure improvements in several sectors, such as wastewater treatment, pharmaceutical & biotech industries, and food and beverage.

The rapid economic growth in these countries has encouraged the establishment of various process industries, which in turn is expected to drive the demand for centrifugation equipment.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=59612221North America is the largest regional market for industrial centrifuge in 2019In 2019, North America accounted for the largest share of the industrial centrifuge market, followed by Europe.

The high demand for crude oil, a large number of shale oil and gas drilling activities, government initiatives to manage wastewater, flourishing food processing industry, technological advancements, and government support for the development of innovative centrifugation systems are the key factors driving the growth of the market in North America.Prominent players in the industrial centrifuge market are ANDRITZ AG (Austria), Alfa Laval Corporate AB (Sweden), GEA Group AG (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Thomas Broadbent & Sons (UK), FLSmidth & Co. A/S (Denmark), Schlumberger Limited (US), Ferrum AG (Switzerland), Flottweg SE (Germany), SIEBTECHNIK TEMA (Germany), HEINKEL Drying & Separation Group (Germany), Gruppo Pieralisi – MAIP S.p.A. (Italy), SPX Flow Inc. (US), HAUS Centrifuge Technologies (Turkey), Elgin Separation Solutions (US), Comi Polaris Systems, Inc. (US), Dedert Corporation (US), US Centrifuge Systems (US), B Littleford (US), and Pneumatic Scale Angelus (US).Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=59612221Sedimentation centrifuges to dominated the industrial centrifuge market in 2019On the basis of type, segmented into sedimentation centrifuges and filtering centrifuges.

In 2019, the sedimentation centrifuge segment accounted for the largest share of the market.

[248 Pages Report] MarketsandMarkets forecasts the Industrial Centrifuges Market is projected to reach USD 11.06 billion, at a CAGR of 4.9% during the forecast period.The increasing demand for centrifuges in process industries, rising need for wastewater management solutions, and technological advancements in centrifuge systems are the major factors driving the growth of this market.Market Dynamics:Driver: Growing Need for Wastewater Management SolutionsWastewater contains a number of pollutants and contaminants that can cause health and environmental problems and can have economic and financial impacts if released into the environment without proper treatment.

For instance, centrifuges are used in wastewater treatment for thickening primary sludge and dewatering sludge to create sludge solids.

Factors such as growing environmental pollution levels, increasing population, and rapid urbanization and industrialization have increased the generation of industrial wastewater.

Moreover, owing to the increasing global demand for potable water, the focus on effective wastewater treatment has increased significantly across the globe.

As a result, there is a subsequent growth in government spending on water utilities and wastewater treatment, globally.Browse 201 Market Data Tables and 36 Figures spread through 248 Pages and in-depth TOC – Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=59612221Sedimentation centrifuges segment to dominate the market in 2017Based on type, the global industrial centrifuges market is segmented into sedimentation centrifuges and filtering centrifuges.

The wide range of industrial applications, ability to achieve high speeds, increase in oil and gas explorations, and rising need of wastewater treatment are the major factors contributing to the growth of this segment.Based on end user, the wastewater treatment plants segment is projected to register the highest CAGRBased on end user, the industrial centrifuges market is segmented into the chemical industry, food & beverage industry, metal industry, mining industry, pharmaceutical and biotechnology industries, power industry, pulp and paper industry, wastewater treatment plants, and water purification plants.