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2019 – 2024 | Separation Machinery Market to procure massive proceeds from water and wastewater segment

Author : Rahul Varpe | Published Date : 2019-09-30 

The Separation Machinery market report, added by Global Market Insights descriptively covers the present & future growth trends, in addition to highlighting the global expanse of this industry and elaborating the regional share and contribution of each region of the Separation Machinery market. The study evaluates the competitive environment, strategies undertaken by prominent players, supply & demand analysis, and revenue growth statistics.

Owing to the extensive requirement of separation equipment in supply or expulsion of clean water, the separation machinery market earned the highest remuneration from the water and wastewater segment, which held 20 percent of the overall share in 2017. The segment is expected to deliver additional propulsion to the separation machinery industry in the future, where manufacturing plants, sustainable cities and large establishments may install closed-cycle waters systems for the recycling of wastewater.

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Separation machinery market has gained an unprecedented advantage within the chemical, material and other industry verticals where separating constituents of a mixture forms an integral part of the entire process. The accelerated industrial development concurrent with the rising population will lead to a tremendous surge in the consumption of utilities like power, water, transportation and communication.

To promote the processing of waste, government mandates all over the world have laid out the maximum permissible levels of contaminants below which the treated water is deemed suitable for consumption or discharge in the water bodies. Adherence to these regulations by treatment facilities and processing industries will promulgate the separation machinery market worldwide, which garnered a revenue in excess of USD 84.9 billion in 2017.

Separation Machinery Market, By Application

  • Life Sciences
  • Water & Wastewater
  • Transportation
  • HVAC & Environmental
  • Industrial Processing

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Separation machinery market has proved to be of vital importance in the healthcare sector, where technological advancements have permitted the incursion of separation systems in most of the medical tests and drug manufacturing processes. Medical centrifuges are essential in the separation of blood cell layers from blood samples, in DNA separation for diagnostic purposes and in many other applications due to their high reliability and cost-effective operations. The practicality of separation equipment in studies pertaining to different branches of life sciences will give a great impetus to the separation machinery industry.

Approx. 80 percent of the waste water globally is released in to the water bodies without treatment, mostly in the emerging economies that lack proper infrastructure, technical capabilities and finance. Essentially, provision of better sanitary services guarantees the lowering of health risks and additional health improvements, which can be achieved thought effective wastewater management. Products offered by the separation machinery market have the potential to help resolve the functional challenges involved in separation of oils, toxic chemicals, bacteria and other impurities during the wastewater treatment procedures.

With the mounting pressure put on the developed as well as emerging countries by UN to follow waste water treatment and recycling processes, the need for effective separation of pollutants and impurities will drive the separation machinery market growth. Anticipated to witness a 4 percent CAGR over 2018-2024, the market comprises of key players such as SWECO, Alfa Laval Corporate AB, Russel Finex, ACS manufacturing, Ferrum AG among others.

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Expounding the potential of the separation machinery market in wastewater treatment, recently the Kuwait Fund for Arab Economic Development (KFAED) agreed to loan an amount of USD 170 million to the Egyptian government for constructing a water treatment facility. The project is aimed at processing sewage water from habitants in the northeast region to cater to the augmented demand of irrigation water and ensuring the environmental security of the adjacent Lake Manzala. The facility will have a capacity of treating around 5 million cubic meters of water on completion in 2022, where sewage from three towns will be diverted. The KFAED-Egyptian project is an instance that indicates a certain increase in water demand all over the globe and the probability of similar facilities being built in response by countries to supply clean water, which will in turn boost the separation machinery market.

Related News: https://www.marketwatch.com/press-release/scope-of-doors-market-to-2024-global-industry-analysis-by-growth-and-trends-2019-09-30

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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