Centrifugal separator is a piece of equipment that uses centrifugal force, the force of gravity, and inertia to separate two or more materials. Centrifugal separators work by spinning the material in a chamber at high speed which causes the heavier materials to settle out separately from the lighter materials.
According to the new market research report “Centrifugal Separator – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Centrifugal Separator market size was estimated at US$ 1,016 million in the year 2023, is projected to reach a revised size of US$ 1,311 million by 2030, growing at a CAGR of 3.66% during the forecast period 2024-2030.
- Global Centrifugal Separator Market Size (US$ Million), 2019, 2023 and 2030
Source: QYResearch, “Centrifugal Separator – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers: The rapid industrialization across various sectors such as oil and gas, chemical, food and beverage, pharmaceuticals, and wastewater treatment is a major driver for the centrifugal separator market. Centrifugal separators are widely used for separating solids from liquids or segregating different liquids based on their densities, making them essential in industrial processes.
- Global Centrifugal Separator, Global Market Size, The Top Five Players Hold 77% of Overall Market
Source: QYResearch, “Centrifugal Separator – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In 2023, the global top five Global Centrifugal Separator players account for 77% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global Centrifugal Separator.
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