North America Industrial Centrifuge Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Industrial Centrifuge Market Analysis
The North American industrial centrifuge market is projected to register a CAGR of over 4.5% during the forecast period.
COVID-19 negatively impacted the market in 2020. Presently, the market has reached pre-pandemic levels.
- Over the medium term, the increasing investment in increasing industries in pharmaceuticals and biotechnology in the region is expected to increase the demand for the centrifuge market.
- On the other hand, high operations and maintenance costs are expected to hinder market growth.
- Nevertheless, the increasing technological investments in the market to produce energy- and sound-efficient centrifuges are expected to create huge opportunities for the blower market.
The United States is expected to dominate the market during the forecasted period due to its increasing number of industries and large populations.
North America Industrial Centrifuge Market Trends
Water and Wastewater Treatment Expected to be the Fastest Growing Market Segment
- An industrial centrifuge is an equipment that separates fluids or particles. Centrifuges use rotational force to generate hundreds or thousands of times the gravity of the Earth. Centrifuges are widely used to treat wastewater from the automotive industry (soluble oils), steel mills, and agri-food sectors. The application also includes the extraction of high-oil-content, sludge-laden suspensions.
- The oil and gas business separates crude oil, natural gas, and water after production. A stringent government regulation governing the disposal of treated water is expected to push the North American industrial centrifuge market. With the increasing crude oil production in the region, the demand for industrial centrifuges is expected to increase during the forecasted period.
- The total crude oil produced in the region in 2021 was 1074.7 million metric tons (MT), which was greater than the 1058.7 MT produced in 2020. The increase in crude oil output is also likely to increase wastewater treatment using industrial centrifuges.
- In March 2023, Biigtigong Nishnaabeg announced the construction of a new raw water intake and treatment facility. This initiative was created in collaboration with Biigtigong Nishnaabeg and Indigenous Services Canada (ISC). When completed, it is expected to provide safe, clean drinking water for homes and non-residential structures such as the administration office, schools, teacherage, health centers, community centers, and nurseries. The new plant is likely to open in November 2024 and cost roughly USD 58 million.
- Hence, owing to the above points, the water and wastewater treatment segment is likely going to be the fastest-growing market for the North American industrial centrifuge market during the forecast period.
United States Expected to Dominate the Market
- North America's leading market for industrial centrifuges is expected to be the United States, primarily due to the country's continuously growing energy demand and increasing commercial and industrial activities.
- Moreover, the United States plays a crucial role in the global economy through its processed food industry, which is actively involved in both foreign direct investment and exports. Over 33% of the world's top 50 food and beverage processing companies are based in the United States.
- In 2021, the United States dominated North America's primary energy consumption, accounting for approximately 81.76% of the total energy consumption. This rising share of energy consumption in the country is expected to significantly impact the power and chemical industries, which are the driving forces behind the growth of the industrial centrifuge market in the United States.
- In January 2023, TCL Specialties LLC (TCLS), a subsidiary of Thirumalai Chemicals Limited (TCL), announced that two manufacturing sites in Marshall County, West Virginia, would break ground. One plant produces food ingredients (malic and fumaric acids), while the other produces maleic anhydride. Construction on the site was expected to begin in January 2023, with production set to begin in mid-2024.
- Hence, owing to the above points, the United States is expected to dominate the North American industrial centrifuge market during the forecast period.
North America Industrial Centrifuge Industry Overview
The North American industrial centrifuge market is moderately fragmented. Some of the key players in this market include (in no particular order) Alfa Laval AB, Andritz AG, GEA Group AG, Centrisys Corporation, and Flottweg SE.
North America Industrial Centrifuge Market Leaders
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Alfa Laval AB
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Andritz AG
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GEA Group AG
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Centrisys Corporation
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Flottweg SE.
*Disclaimer: Major Players sorted in no particular order
North America Industrial Centrifuge Market News
- August 2022: GEA launched a new range of pharmaceutical industrial centrifuge systems for North America called Kytero. Kytero is ready for manufacturing. Filter regions can be reduced by 75%. The system requires a standard power connection; intermediate tanks are obsolete. The simple exchange eliminates CIP (clean-in-place) and SIP (sterilize-in-place).
- February 2022: Beckman Coulter introduced the Allegra V-15R refrigerated centrifuge. With ten rotor configurations, 50 programmed runs, and a large assortment of adapters, a wide range of workflows and applications may be carried out.
North America Industrial Centrifuge Market Report - Table of Contents
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2028
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Sedimentaion
5.1.2 Filtering
5.2 Design
5.2.1 Horizontal Centrifuge
5.2.2 Vertical Centrifuge
5.3 Operation Mode
5.3.1 Batch
5.3.2 Continuous
5.4 Industry
5.4.1 Food and Beverage
5.4.2 Pharmaceutical
5.4.3 Water and Wastewater Treatment
5.4.4 Chemical
5.4.5 Metal and Mining
5.4.6 Power
5.4.7 Pulp and Paper
5.4.8 Other Industries
5.5 Geography
5.5.1 United States
5.5.2 Canada
5.5.3 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Mergers, Acquisitions, Collaboration and Joint Ventures
6.2 Strategies Adopted by Key Players
6.3 Company Profiles
6.3.1 Alfa Laval AB
6.3.2 Andritz AG
6.3.3 Hiller Separation & Process GmbH
6.3.4 GEA Group AG
6.3.5 Acutronic USA Inc
6.3.6 Centrisys Corporation
6.3.7 Centrifuges Unlimited Inc.
6.3.8 Flottweg SE
6.3.9 CentraSep Technologies Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Industrial Centrifuge Industry Segmentation
An industrial centrifuge is a device that employs centrifugal force to subject a specimen to a constant force, such as separating different components of a fluid. This is accomplished by rapidly spinning the fluid within a receptacle, separating fluids of varying densities or liquids from solids.
The North American industrial centrifuge market is segmented by type, design, operation mode, industry, and geography. By type, the market is segmented into sedimentation and filtering. By design, the market is segmented into horizontal centrifuge and vertical centrifuge. By operation mode, the market is segmented into batch and continuous. By industry, the market is segmented into food and beverage, pharmaceutical, water and wastewater treatment, chemical, metal and mining, power, pulp and paper, and others. The report also covers the market size and forecasts for the industrial centrifuge market across the major countries in the region. For each segment, market sizing and forecasts have been done based on revenue (USD billion).
| Type | |
| Sedimentaion | |
| Filtering |
| Design | |
| Horizontal Centrifuge | |
| Vertical Centrifuge |
| Operation Mode | |
| Batch | |
| Continuous |
| Industry | |
| Food and Beverage | |
| Pharmaceutical | |
| Water and Wastewater Treatment | |
| Chemical | |
| Metal and Mining | |
| Power | |
| Pulp and Paper | |
| Other Industries |
| Geography | |
| United States | |
| Canada | |
| Rest of North America |
North America Industrial Centrifuge Market Research FAQs
What is the current North America Industrial Centrifuge Market size?
The North America Industrial Centrifuge Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in North America Industrial Centrifuge Market?
Alfa Laval AB, Andritz AG , GEA Group AG , Centrisys Corporation and Flottweg SE. are the major companies operating in the North America Industrial Centrifuge Market.
What years does this North America Industrial Centrifuge Market cover?
The report covers the North America Industrial Centrifuge Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Industrial Centrifuge Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Industrial Centrifuge Industry Report
Statistics for the 2024 North America Industrial Centrifuge market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Industrial Centrifuge analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
North America Industrial Centrifuge Report Snapshots
