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The sedimentation and centrifugation market size is estimated to grow at a CAGR of 6.43% between 2023 and 2028. The market size is forecast to increase by USD 3.25 billion. The growth of the market depends on several factors such as rising investments in the food processing sector in developing economies in APAC, increasing demand for sedimentation and centrifugation in the process industry and growing preference for cost-saving and energy-efficient equipment.
The report includes a comprehensive outlook on the sedimentation and centrifugation market offering forecasts for the industry segmented by Type, which comprises clarifiers, decanter, disk centrifuge, dissolved air flotation system, and hydrocyclone. Additionally, it categorizes End-user into food and beverages, pharmaceuticals, chemicals, power, and wastewater treatment and others, and covers Geography regions, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.
Sedimentation and Centrifugation Market Forecast 2024-2028
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Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market.
The food processing industry is a vital part of any economy of a country because it is linked to the agriculture industry of a country. The food processing industry plays a very important role in an agriculture-based economy, such as India, as it helps in the commercialization of farming and boosts the income of farmers. Growing investments in the food processing sector by private companies and the government will increase the demand for food processing machinery. The food processing industry in India is one of the biggest in the world. For instance, according to the Press Information Bureau (PIB), Gross Value Added (GVA) in the food processing sector in India expanded constantly, rising from USD 19.18 billion in 2014-15 to USD 33.18 billion in 2020-21 at a compound annual growth rate (CAGR) of 9.97%.
However, 65% of the raw materials required by Indonesia's expanding food processing industry are imported. Exports of American agricultural goods to Indonesia rose by 9% in 2022, mostly owing to the country's rising appetite for cattle, dairy products, and soybeans. Thus, the growing investments in the food processing sector in developing economies in APAC are expected to increase the demand for sedimentation and centrifugation in the region, which, in turn, is anticipated to drive the growth of the global sedimentation and centrifugation market during the forecast period.
Processing companies are expanding their capacities and building new processing plants to explore new market opportunities and also to meet the growing consumer demand. They are focusing on increasing production capability and diversifying into new product offerings to capture the market and increase competitive advantage. For instance, the government of India has committed to increasing the nuclear power capacity in the country as a part of its massive infrastructure development program. The country expects its nuclear capacity to reach about 22.48 GW by 2031-2032 from 6.7 GW.
Additionally, for this, India has proposed nine nuclear power reactors. These reactors are at various stages of construction, targeted for completion by 2024-25. Some expansion projects are expected to increase the need for centrifuges and sedimentation processing equipment, which, in turn, are anticipated to propel the growth of the market during the forecast period.
The demand for sedimentation and centrifugation will be affected by stringent certifications such as Conformite Europeenne (CE). This certificate ensures that the processing equipment sold in the European Economic Area (EEA) complies with the quality standards pertaining to the safety of consumers and the protection of the environment. It is mandatory to obtain the CE certification for products to be sold in the EEA. Similarly, regulations in the Directive 2012/12/EU deal with the production, composition, and labelling of processed products. According to this directive, vendors need to ensure that their product output must comply with given guidelines. Processed products of any type are banned in Europe if the above regulations are not met.
Similarly, in the US, the code for Federal Regulation 117.40 - CFR by the FDA regulates all plant equipment and utensils used in the manufacturing processing industry. Such stringent regulations and industry standards may cost the vendors, which may negatively affect the growth prospects of the market during the forecast period.
The clarifiers segment will account for a major share of the market's growth during the forecast period. Based on sedimentation and centrifugation, the clarifiers segment acquires the highest market share owing to cost advantage and efficiency. Clarifiers are used to separate solid waste from liquid with the help of gravity. This method is cost-effective when compared with other systems.
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The clarifiers segment was the largest and was valued at USD 3.87 billion in 2018. Various key vendors in the market in focus offer clarifiers for different end-user applications. For instance, GEA Group AG offers clarifiers for the food and beverages industry that are used to concentrate algae and recover soy, rice, pea, and other vegetable proteins and amino acids. Similarly, in the chemical industry, clarifiers help in flushing solid residues which are removed. The ejection process generates an additional flushing effect in the disk stack, and this improves the efficiency of the chemical cleaning process. They can also increase production efficiency and reduce waste, as the separated solids can be used for feed for different purposes. Clarifiers are designed to be easy to use and maintain, with features such as automated controls and self-cleaning capabilities. They also come in various sizes and capacities to meet the needs of different operations. All such above-mentioned features and the growing adoption of clarifiers in various end-user industries like food and beverages, chemical, power, and wastewater treatment are expected to drive the growth of the clarifiers segment of the market during the forecast period.
Based on end-user, the market has been segmented into food and beverages, pharmaceuticals, chemicals, power, and wastewater treatment and others. The food and beverages will account for the largest share of this segment.? The food and beverages segment is experiencing growth due to various factors, such as increasing demand for processed food and beverage products, technological advancements in filtration, and the growing trend of convenience foods. According to a report prepared by the Organisation for Economic Co-operation and Development and the Food and Agricultural Organization (OECD-FAO), global milk production is expected to increase by 1.6% annually between 2020 and 2029 and reach 997 million tons in 2029. Thus, the growing milk production globally is expected to increase the demand for dairy products, which will thereby drive the growth of sedimentation and centrifugation for processing foods and beverages, thereby driving the growth of the food and beverages segment in the market during the forecast period.
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APAC is estimated to contribute 47% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. In APAC, several countries, such as China, India, and Japan, among others, will contribute to the growth of the regional sedimentation and centrifugation market during the forecast period. The primary drivers for the demand for sedimentation and centrifugation are the growing processing industries in the region. Furthermore, increasing industrialization and commercialization activities in India, China, Indonesia, and other Southeast Asian countries are expected to propel the end-user industries. The rising personal income, increasing working lifestyle, and the shift in consumer preference toward higher value-added processed products due to the increasing adoption of the Western lifestyle are expected to drive the growth of the market in APAC.
In addition, the processing rate is expected to increase due to the rising investments to increase processing capacity in the region. For instance, The World Bank Group stated that the percentage of the urban population in China, Australia, and Japan was 63%, 86%, and 92% of the total population, respectively, in 2021. Thus, the high percentage of this population will contribute to the demand for a wide variety of processed foods, which will consequently increase the demand for sedimentation and centrifugation equipment, thereby driving the growth of the regional sedimentation and centrifugation market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company offers sedimentation and centrifugation equipment such as continuous centrifugation, a patent-pending ABB solution that enables to recovery efficiently and economically of all components contained in the coating effluents to reuse them in the composition of fresh coating colour.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including ABB Ltd., Alfa Laval AB, Andreas Hettich GmbH and Co. KG, Andritz AG, Corning Inc., Evoqua Water Technologies LLC, Ferrum Ltd., Flottweg SE, FLSmidth and Co. AS, GEA Group AG, Multotec Pty Ltd., PIERALISI MAIP SPA, Rousselet Robatel, Schlumberger Ltd., SIEBTECHNIK TEMA GmbH, Stanhope Seta, Thermo Fisher Scientific Inc., Thomas Broadbent and Sons Ltd., Trucent, and Western States
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The sedimentation and centrifugation market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Sedimentation And Centrifugation Market Scope |
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Report Coverage |
Details |
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Page number |
183 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.43% |
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Market Growth 2024-2028 |
USD 3.25 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.81 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 47% |
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Key countries |
US, China, India, Germany, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., Alfa Laval AB, Andreas Hettich GmbH and Co. KG, Andritz AG, Corning Inc., Evoqua Water Technologies LLC, Ferrum Ltd., Flottweg SE, FLSmidth and Co. AS, GEA Group AG, Multotec Pty Ltd., PIERALISI MAIP SPA, Rousselet Robatel, Schlumberger Ltd., SIEBTECHNIK TEMA GmbH, Stanhope Seta, Thermo Fisher Scientific Inc., Thomas Broadbent and Sons Ltd., Trucent, and Western States |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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