Sifting Machine Market Report Overview
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The global sifting machine market size was USD 289.6 million in 2021 and is projected to touch USD 457.37 million by 2031, exhibiting a CAGR of 4.7% during the forecast period.
A sifting machine is a mechanical device, which is used to separate solids from liquids and to separate the larger particles from smaller particles. It comprises of a sieve box mounted on a framework with free-swinging on a plurality of suspension canes. The framework carrying a motor, which drives by means of belts and pulleys and a pair of vertical shafts each carrying a throwing weight system. This invention is used for sifting, cleaning or grading various close-grained or ground materials.
COVID-19 Impact: Underlying Conditions Crippled the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 sickness began to surge all over the world in the beginning of 2021, which infected countless individuals and inversely hampered the working industries wherein the affected employees worked. The government globally imposed foot restrictions and work stoppage in the affected areas. Apart from the medical supplies and the life support organizations, endeavors have been considerably affected. As the global economy mends giving rise to the significant change in the industry growth from the affected year-2021, it is forecasted for the market share to grow potentially in the coming years.
LATEST TRENDS
"Progressing Demand for Automated Solutions to Augment the Market"
Automation is replacing the humans in every possible places to cause speedy and error-less results or end-products. Automation and digitization optimizes future-proof operations at various industries. Automating the production ensures in achieving best results with minimal labour indulgence. Utilizing the fine mesh equipment in the industry empowers to drastically reduce the labor time by automating the process. Inculcating the mesh equipment HKC17 or HKC24 and the vibrations can speed up the process and tend to result in a better quality sift. The automation of the industrial activities incline to boost the sifting machine market growth gradually.
Sifting Machine Market Segmentation
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- By Type
Based on type, the market is classified into metal mesh sifting machine, and plastic mesh sifting machine.
Metal mesh sifting machine is the leading part of the type segment.
- By Application
Based on application, the sifting machine market is classified as food, pharmaceuticals, chemicals, and others.
Food is the leading part of the application segment.
- By Product
Based on product type, the market is classified as airstream, ultrasonic, vibratory.
Vibratory sifting machine is the leading part of the product type segment.
DRIVING FACTORS
"Rapid Industrialization and Increasing population in Asia Pacific to stimulate the growth"
The Asia Pacific market is expected to embark a growth in CAGR during the forecaster years in response to the rapid industrialization handheld with the growing population mainly in China and India. The two major agricultural producing countries globally that requires efficient machinery for separating the seeds from grains and chaff from crops grown in large farms, which in-turn gives a boost in the sifting machine market share.
"Growing Trend of Processed and Packed Food to Drive the Market Growth"
The increasing demand for the machines from the food and beverage industry with the emerging trend of processed and packaged foods. Also, the rising awareness regarding the hygiene and food safety among the consumers, is boosting the market demand in food processing applications. The food industry is one of the major consumers of sifting machine as it processes fruits & vegetables along with cereals. In addition to this requirement regular cleaning of equipment is necessary after processing various types of foods which also contributes towards significant demand of the market growth.
RESTRAINING FACTORS
"Particle Sizing Issue Can Alter the Market Size"
The sifting method is the most convenient easy to execute, time being and less expensive method used intensively. Though it has many peculiarities but the sifting cannot separate the two substances in a mixture which are of similar sizes. Other factors identified to influence the operations are the shape and size of particles relative to sift aperture and the mesh size of the sift. Hence, the sizing issues can hamper the growth significantly.
Sifting Machine Market Regional Insights
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"North America to Dominate the Market with the Presence of Major Manufacturers and Suppliers"
The North American region dominated the sifting machine market size in 2017. The region is anticipated to witness a substantial growth rate over the forecasted period, looking forward to the presence of prominent manufacturers and suppliers integrated with the high demand for food and beverage products, that requires sifting process at each level of production. Also, in addition to the increasing use of the machines in pharmaceutical industry for drug screening is also witnessed to boost the sifting machine market growth over the forecaster period.
KEY INDUSTRY PLAYERS
"Prominent Manufacturers to Contribute Towards Expansion of Market"
The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players, and revenue trends of industry. The report provides substantial analysis of company profiling, growth insights, supply-demand chain, production and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.
List of Market Players Profiled
- Russell Finex (U.K.)
- Rotex (U.S.)
- Buhler (Switzerland)
- Kason (U.S.)
- GEA (Germany)
- Allgaier (Germany)
- Jiangsu Guibao (China)
- CUCCOLINI srl (Italy)
- Kemutec (U.S.)
- KOWA KOGYOSHO (Japan)
- Guan Yu (China)
- Sweco (U.S.)
- LAO SOUNG (China)
- Kroosh Technologies Ltd.(Israel)
- Vibrowest (Italy)
- Xinxiang Dayong (China)
- TOYO HITEC (Japan)
- Gaofu (China)
- Galaxy Sivtek (India)
- Xinxiang Hengyu (China)
INDUSTRY DEVELOPMENT
October 2020: Konecranes set forth a plan to merge the company with Cargotec and build a company which will have an annual combined sales of around USD 8.2 billion. The merger was expected to be completed in 2022.April 2019: Toyota Industries North America Inc. completed the acquisition of Hoist Liftruck Mfg LLC and renamed the company to Hoist Material Handling Inc. This acquisition further reinforce the Toyota’s forklift product line.
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the segmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 289.6 Million in 2021 |
Market Size Value By |
US$ 457.37 Million by 2031 |
Growth Rate |
CAGR of 4.7% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the sifting machine market expected to touch by 2031?
The global sifting machine market is expected to reach USD 457.37 million by 2031.
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What CAGR is the sifting machine market expected to exhibit by 2031?
The sifting machine market is expected to exhibit a CAGR of 4.7% by 2031.
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Which are the driving factors of the sifting machine market?
Rapid Industrialization and growing population in the Asia Pacific region and the growing trend of packed and processed food are the driving factors of the sifting machine market.
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Which are the top companies operating in the sifting machine market?
Russell Finex, Rotex, Buhler, Kason, GEA, Allgaier, Jiangsu Guibao, CUCCOLINI srl, Kemutec, KOWA KOGYOSHO, Guan Yu, Sweco, LAO SOUNG, Kroosh Technologies Ltd., Vibrowest, Xinxiang Dayong, TOYO HITEC, Gaofu, Galaxy Sivtek, Xinxiang Hengyu are the top companies operating in the sifting machine market.