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The decanter centrifuge is a device, utilized for the separation of two liquids having unlike densities, classification of solid mixes, and dewatering of solid-liquid mixtures. It is correspondingly known as a solid bowl centrifuge owing to, its ability to continuously separate the different density components. The separation is based on the density and rotational speed of the components.
The widespread range of practical applications in the end-use industries including, chemical, food & beverage, power generation, mineral processing and others, is expected to increase the demand for decanter centrifuge over the forecast period. By utilizing the centrifugal force generated by rotation, the two-phase decanter centrifuge raises the separation process potential, which helps remove complete moisture from the solid products in several industries. This factor is highly influencing the market growth across the globe.
Additionally, leading manufacturers such as, Alfa Laval, Hiller separation & process, GEA Group Aktiengesellschaft, ANDRITZ and others are specifically focusing on the following factors to strengthen their market reach that eventually bolsters the market growth. The factors are as follows:
Therefore, the above-mentioned factors are propelling the global decanter centrifuge market growth.
Key Market Driver -
• Accelerated demand for decanter centrifuge across industrial applications • Stringent regulatory standards regarding the product manufacturing
Key Market Restraint -
• Decreasing oil prices and high operating cost
Key players operating in the global decanter centrifuge market are Hiller separation & process (NA), GEA Group Aktiengesellschaft (Europe), ALFA LAVAL (Europe), Flottweg SE (Europe), Phoenix Process Equipment (U.S.), HAUS Centrifuge Technologies IMP(Europe), Aaron Equipment Company (U.S.), PIERALISI MAIP S.p.A. (Italy), ANDRITZ (Europe), HUTCHISON HAYES (U.S.), Centrisys (U.S.), Vitone Eco (Europe), Sanborn Technologies (U.S.), SIEBTECHNIK GMBH (Europe), Green Water Separation Equipment, Thomas Broadbent & Sons (Europe), and others.
The market is categorized into regions including, North America, Asia Pacific, Europe, Middle East & Africa and South America.
North America is projected to capture the highest market share, owing to the technological development in three-phase decanter centrifuge, especially for oil & gas industry applications including, treatment of waste and slop oils. Additionally, manufacturers such as, Centrisys and others are emphasizing on providing two and three-phase units on rent thus, fuelling the market growth. However, due to the ongoing COVID-19 pandemic, the manufacturing processes across Canada and the U.S. have been halted. It has resulted in global supply chain disruption as most of the manufacturers are operating in North America.
Europe is expected to witness substantial market growth owing to, the high investment in industrial waste treatment. As per the study, the decanter centrifuge market across Germany, Italy, the U.K. is quite stable with the high presence of leading manufacturers including, Flottweg SE, GEA Group Aktiengesellschaft, ALFA LAVAL and others. On the other hand, the manufacturers operating in Europe are majorly impacted by the COVID-19 pandemic. This has resulted in limiting the manufacturing operations.
Asia Pacific observes the highest CAGR due to, the increasing demand for decanter centrifuge across South and East Asian countries. The growing demand from the ever-growing food & beverage, chemical, and mineral processing industries is expected to positively impact the market's growth.
The Middle East & Africa and South America are projected to capture nominal market share. However, the increased adoption of 3-phase units across oil & gas, power generation and industrial waste treatment applications is anticipated to boost the market growth.
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