What is Centrifuge Extractors Market?
A centrifugal extractor is also known as a centrifugal contactor or annular centrifugal contactor. It is mainly available in two types namely montage centrifugal extractor and multistage centrifugal extractor. The main function of a centrifuge extractor is to continuous extraction from one liquid phase into another liquid phase. It is used in various industries such as the chemical industry, pharmaceutical industry, foods, metal refining, and others.
The market study is being classified by Type (Monostage Centrifuge Extractor and Multistage Centrifuge Extractor), by Application (Chemical Industry, Pharmaceutical Industry, Foods, Metal Refining and Other) and major geographies with country level break-up.
Humboldt Mfg. Co. (United States), Matest (Italy), Controls Group (Italy), Cooper Research Technology Limited (United Kingdom), Tinius Olsen (United States), Gilson (United States), Geneq (Canada), GEA Group AG (Germany) and Thomas Broadbent & Sons Ltd (United Kingdom) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Hiller Separation & Process (United States).
Various companies such as Humboldt Mfg. Co. (United States), Matest (Italy), Controls Group (Italy), Cooper Research Technology Limited (United Kingdom), among others are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Centrifuge Extractors market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Centrifuge Extractors market by Type, Application and Region.
On the basis of geography, the market of Centrifuge Extractors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Centrifuge Extractors in Various Application
- Increasing Demand from Chemical Industry
Market Trend
- Growing Demand for Centrifuges from Process Industries Worldwide
Restraints
- High Energy Consumptions and Specialized Maintenance Is Required
Opportunities
- Rising Demand for Centrifuges in Developing Countries
- Rising Research Activities in Pharmaceutical and Chemical Industry
Challenges
- Problem related to Threat From Low-Cost Vendors and High Cost of Raw Material
In 2017, according to an article published by the Institute of Mechanical Process Engineering and Mechanics, liquid-liquid separation techniques are mostly used in the chemical process industry, R&D received a strong level of attention. Hence, it will act as growth of the market in the future.
Key Target Audience
Centrifuge Extractors Companies, Regulatory Bodies, Component Suppliers, Distributors and Others