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Separation Machinery Market Trends

Report ID: GMI2715
Published Date: Oct 2024
Report Format: PDF

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Separation Machinery Market Trends

The growing awareness of environmental sustainability has significantly impacted various industries, especially waste management and recycling. As people, businesses, and governments pay more attention to their environmental impact, the demand for better separation machines is rising. These machines are crucial for sorting and processing waste efficiently. They help recover valuable resources and reduce landfill waste. By separating recyclables from general waste, these machines ensure that materials like plastics, metals, and organics are recycled or composted. For example, the National Waste & Recycling Association reports that advanced separation technologies can increase recycling rates by up to 20%.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for separation machinery was reached USD 96.7 billion in 2023 and is projected to grow at a CAGR of 8.4% from 2024 to 2032, driven by rapid industrialization in sectors like pharmaceuticals and food and beverage.

The industrial centrifuges segment was reached USD 24.8 billion in 2023 and is expected to grow at a CAGR of 9% during 2024 to 2032, due to their efficiency in separating solids from liquids and recent advancements improving performance and energy efficiency.

The indirect sales channel dominated the market with a 61.8% share in 2023 and is expected to grow at a CAGR of 8.4% through 2032, as it helps manufacturers reach more customers through intermediaries like distributors and resellers.

The North America separation machinery market size surpassed USD 24.5 billion in 2023 and is anticipated to grow at a CAGR of 8.7% until 2032, driven by strong industrial infrastructure, significant R&D investments, and a focus on new separation technologies.

Key players in the separation machinery industry include ACS Manufacturing, Alfa Laval, ANDRITZ, CECO Environmental, Ferrum AG, Forsbergs Inc., GEA Group, Gruppo Pieralisi, Hiller Separation & Process, Industriefabrik Schneider, Mitsubishi Kakoki Kaisha, Parkson Corporation, Rotex, Russell Finex, and SWECO.