Published Date: 2021-03-22
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North American Separation Machinery Market size is estimated to reach USD 35.5 billion by 2026, according to a latest forecast report by Graphical Research. Market growth is driven by the booming oil & gas industry and the rising concern over water & wastewater treatment in the region.
The oil & gas sector is one of the major end-users of the separation machinery, where it finds broad applications for fluid separation on the rig sites. The range of machines which are utilized for the job includes stage separators, knockout traps, knockout drums, traps, liquid or water knockouts, flash traps or vessels, expansion separator or vessel, filters, and scrubbers. These machines are extensively used for separating oil & gas, gas & water, oil & water, and other chemicals or materials obtained from hydrocarbon wells. The high dependence of the oil & gas separation on the separation machinery makes them a highly demanded product.
Industrial centrifuges sector dominated over 35% market share in 2019. The separation process of industrial centrifuges involves the use of centrifugal forces to segregate particles from a solution depending on the factors, such as rotor speed, size, shape, viscosity, and medium density. By 2026, these separation machineries are certain to witness accelerating demand from numerous end-users, including food & beverages, healthcare, petrochemicals, and others.
Browse detailed statistical insights from the report, “North America Separation Machinery Market Size By Application (Water/ Wastewater, Life Sciences, Transportation, Industrial Processing, HVAC/ Environmental, Others), By Product (Magnetic Separators, Industrial Centrifuges, Stage separators, Membrane Separators, Evaporators, Industrial strainers & sieves, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026” along with the table of contents (ToC) @
https://www.graphicalresearch.com/industry-insights/1710/north-america-separation-machinery-market
Another key factor contributing to the growth of the separation machinery market is the rising concern over drinking water or wastewater treatment. The large volume of contaminated water discharging from industries contains environmentally hazardous materials, such as fluids, solids, and semi-solids. Therefore, filters or separation machines are employed for processing pollutants in the wastewater. An increasing volume of contaminated water dumped from chemical, food & beverages, oil & gas, and pharmaceutical industries is fueling the demand for separation machines.
However, the coronavirus crisis is hampering the market growth. The imposed restrictions, reduced oil & gas demand, and economic downfall led to a severe decline in the annual growth rate of the separation machinery market in 2020. But government initiatives and financial aids are expected to push the economic activity back to its previous track and will create new growth opportunities for the industry players in the coming years.
Prominent players involved in the manufacturing of separation machinery include Alfa Laval, ANDRITZ Group, GEA Group, Russell Finex Ltd., ACS Manufacturing, Inc., CECO Environmental Corporation, Gruppo Pieralisi, Ferrum Process Systems Ltd., Rotex, Schlumberger Limited, Hiller Separation & Process GmbH, Parkson Corporation, and Forsbergs, Inc.
The North American separation machinery market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2015 to 2026 for the following segments:
North America Market, By Application
North America Market, By Product
The above information has been provided for the following countries:
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