January 21, 2021
According to the research report titled ‘Global Separator Market Size study, by Type (Oil Separator, Greece Separator, Fat Separator, Starch Separator) and Regional Forecasts 2020-2027’, available with Market Study Report, global separator market is expected to record a considerable growth during 2020-2027.
Growing production in food & beverage and other industries, along with increasing number of manufacturers which further add to the number of separators used are the key factors driving the growth of global separator market.
As per FoodDrinkEurope annual report 2018, food & drink industry in Europe was the largest manufacturing sector with USD 1232.18 billion turnover. France had the maximum turnover of USD 199.77 billion and a total of 59,757 firms, followed by Germany with 5940 companies and an annual turnover of USD 190.33 billion.
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For those unversed, separator is a vessel used to separate liquid and gas components from the source material. Such separators are extensively utilized in heavy industries such as oil & gas, food & beverage, pharmaceutical, fuel, mineral, and chemical.
Growing usage of these separators in various sectors is contributing to the overall market outlook. Citing an instance, oil separators are widely used in wastewater plants, chemical, and food & beverage industries where wastewater comprising of oil is released at the time of operation. These separators eradicate oil, grease, and other hydrocarbons through treatment of wastewater before disposal.
Strict norms imposed by government on treatment of byproducts prior to the disposal is stimulating the industry expansion. Despite the promising growth trajectory of worldwide separator industry, hefty cost and maintenance may negatively impact the business expansion over the forecast period.
With respect to type, the market is segmented into starch separator, fat separator, grease separator, and oil separator.
Considering the geographical ambit, North America accounted for large share of global separator market in the past year, on account of soaring demand for advanced procedures, and stringent governmental norms.
On the other hand, Asia Pacific separator industry is expected to amass massive returns over the coming years, creditable to establishment of manufacturing facilities in the region.
Major players influencing global separator market dynamics are Sulzer Chemtech Ltd., Siemens AG, AB SKF, Saint Dizier Environnement, Catamount Constructors Inc., Harold Import Co. (HIC), OXO, Bellemain, Microtec Engineering Group, NivobaHovex (acquired by SiccaDania), Andritz Group, Alfa Laval AB, and GEA Group AG among others.