A centrifuge is a machine used for fluid/particle separation by centrifugal force. Industrial centrifuges are classified into two major types; sedimentation and filtering centrifuges. Sedimentation centrifuges use centrifugal force to separate solids from liquids. It is also used to separate two liquids with different specific gravities. Sedimentation centrifuges include decanter, disk-stack, solid-bowl basket, and tubular bowl centrifuges. Filtering centrifuges use centrifugal force to pass a liquid through a filtration media, such as a screen or cloth while solids are captured by the filtering media. Filtering centrifuges majorly deal with perforated basket, pusher, and peeler centrifuges.
The global industrial centrifuge market was valued at USD 7 billion in 2020 and it is expected to grow at a CAGR of 4.5% from 2020 to 2027. The growth is attributed to the increasing demand from process industries such as chemical processing, food processing, metal processing, mining and mineral processing, pharmaceutical and biotechnology, fuel and biofuel industries, wastewater processing, etc. Among these, the chemical processing and pharmaceutical industry is leading the global industrial centrifuge industry with more than 40% revenue share in 2020. North America is the largest market for industrial centrifuges due to the presence of a wide range of domestic manufacturing and processing industries.
The cost driver of industrial centrifuges is significantly different from laboratory centrifuges. The procurement cost of industrial centrifuge is 10-15 times higher than the cost of laboratory centrifuges. As industrial centrifuge is made up of metal, the cost of metal procurement plays an important role in determining the cost of production. Raw material cost accounted for more than 40% of the overall cost of production. Many global manufacturers are shifting their production facilities to low-cost countries in APAC due to the efficient availability of raw materials and low variable costs.
The COVID-19 pandemic has disrupted business activities globally. It is expected to have a short-term impact on the industrial centrifuge industry. Manufacturing operations have been severely affected as several countries across the globe enforced nationwide lockdowns and temporary closures of various industries. Moreover, the high procurement cost of industrial centrifuges is expected to hinder the industry growth in developing countries across APAC.
Alfa Laval, GEA Group AG, Thomas Broadbent & Sons, FLSmidth & Co., Schlumberger Limited, Ferrum AG, Flottweg SE, HEINKEL Drying & Separation Group, HAUS Centrifuge Technologies, Elgin Separation Solutions, US Centrifuge Systems are the key industrial centrifuge suppliers. The global industrial centrifuge market features a highly fragmented landscape with leading players contributing less than 20% of the market share. Industry leaders are strengthening their presence through multiple mergers and acquisitions. Grand View Research will help our client identify the best-suited suppliers by mapping their core capabilities and operational efficiency.
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
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