Sedimentation and Centrifugation market 2015 to grow at a CAGR of 5.64% by 2019: Market Research Store
Deerfield Beach, FL -- (SBWIRE) -- 09/18/2015 -- Sedimentation and centrifugation equipment are devices used in liquid separation applications. Global Sedimentation and Centrifugation market to grow at a CAGR of 5.64% over the period 2014-2019. This equipment includes clarifiers, disk centrifuges, decanters, dissolved air flotation systems, and hydrocyclones, which are used in processing industries in various purification applications. The Power, Water and Wastewater, Mining, and Food and Beverages industries are some of the major end-users that are increasingly using sedimentation and centrifugation equipment.
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Covered in this Report
The Global Sedimentation and Centrifugation market can be segmented into the following segments: Clarifiers, Disk Centrifuges, Decanters, Dissolved Air Flotation Systems, Hydrocyclones, and Other Centrifuges.
Global Sedimentation and Centrifugation Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, EMEA, and APAC regions; it also covers the Global Sedimentation and Centrifugation market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an our analyst said: "The upgrading of power plants is one of the emerging trends in the market. Old power plants are upgraded to make them more efficient and reliable, thereby creating the need for centrifuges. The inefficiency of existing power plants is also a reason for upgrading old power plants."
According to the report, increased oil and gas exploration is one of the major drivers in the market. High demand for oil and gas and the need for self-reliance for their energy needs have led countries to increase oil and gas exploration worldwide.
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Alfa Laval AB
Evoqua Water Technologies
GEA Westfalia Separator Group
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Other Prominent Vendors
Tangshan Guanneng Machinery Equipment
Further, the report states that the high cost of centrifuges is one of the major challenges in the market. The need for application-specific customized centrifuges has led to an increase in their cost. The development of application-specific centrifuges will result in increased product costs. The high cost of centrifuges has made end-users reluctant to invest in procurement of new centrifuges.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.