As cited by the research report titled ‘North America Separation Machinery Market Size By Application, By Product, Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2020 – 2026’, available with Market Study Report, North America separation machinery market is anticipated to record a healthy CAGR throughout 2020-2026, subsequently amassing a valuation of USD 35.5 billion by the forecast period end.
 

Increasing concerns related to water & wastewater treatment solutions is a major factor driving the demand in North America separation machinery market. Citing an instance, in 2019, the U.S. Environmental Protection Agency (EPA) announced the allocation of around USD 2.6 billion for development of wastewater treatment and drinking water infrastructure in the country. Such initiatives are likely to enhance the industry development in the upcoming years.  
 

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Further, strong demand for separation machinery from oil & gas sector for applications like like fluid separation across rig sites is enhancing the industry remuneration.
 

For the record, separation machinery comprises of a variety of machines like knockout traps & drums, water or liquid knockouts, stage separators, expansion vessels and separators, scrubbers, strainers & sieves, filters, and flash vessels or flash traps. This equipment is widely used for separating gas & water, oil & gas, and water & oil, and other ingredients which are obtained from the wells. 
 

Based on product type, North America separation machinery industry is segmented into industrial centrifuges, membrane separators, magnetic separators, stage separators, evaporators, industrial strainers & sieves and others. Among these, the industrial strainers & sieves segment is likely to record 5.5% CAGR over the forecast period due to high usage of these tools to segregate solid materials from fluid.
 

Speaking of the application range, the marketplace is divided into water/ wastewater, life sciences, transportation, industrial processing and HVAC/ environmental among others. Among these, the wastewater/ water segment held over 36% of the overall market share in 2019 and is likely to grow substantially over 2026. This can be credited to the factors like increasing amount of industrial wastewater, growing concerns of water scarcity, and rapid changes in climate compelling governments of many countries in North America to seek efficient separation machinery for ensuring access to clean & safe water.
 

Prominent players influencing the North America separation machinery industry space are Forsbergs Inc., Parkson Corporation, Hiller Separation & Process GmbH, Schlumberger Limited, Rotex Automation Limited, Ferrum Process Systems Ltd., Gruppo Pieralisi - MAIP S.p.A., CECO Environmental Corporation, ACS Manufacturing Inc., Russell Finex Ltd., GEA Group AG, Andritz AG, and Alfa Laval AB.