London, 03 February 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Sedimentation and Centrifugation Market 2015-2019, which is expected to grow with a CAGR of 5.64 percent during the period 2014-2019.
“The Global Sedimentation and Centrifugation market is experiencing huge demand from various developing countries such as China, India, Nigeria, Uganda, and Benin,” says Faisal Ghaus, Vice President of TechNavio.
“Increased growth in developing nations is propelling the setting up of the Process industries, which is expected to drive the demand for sedimentation and centrifugation equipment during the forecast period.”
Key Market Drivers
- Increased Oil and Gas Exploration
- Growing Demand for Sedimentation and Centrifugation Equipment in Developing Countries
- Increased Need for Wastewater Management Solutions
Key Market Trends
- Upgrading of Power Plants
- Development of Next-generation Centrifuges
- Increase in M&A
Key Market Vendors
- Alfa Laval AB
- Andritz AG
- Evoqua Water Technologies
- GEA Westfalia Separator Group
- General Electric (GE) Co.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
