Sludge Dewatering Equipment Market: What are the new innovations by companies? Top major companies - Veolia, Hitachi Zosen Corporation, Keppel Seghers, Alfa Laval, Huber SE, Andritz
Sludge Dewatering Equipment Market size in 2018, was over USD 3 billion and is set to witness growth over 9% by 2025.Strict government regulations to curb environmental harm due to sludge will push sludge dewatering equipment market globally. With the rapid growth in population along with urbanization, the demand for effective sludge disposal is heightening. Legislations such as U.S. Solid Waste Disposal Act, 1965, which prohibits landfilling, ocean damping, and incineration of sludge, to control the ecological damage will have a positive impact on the industry trends.
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Based on the technology, sludge dewatering equipment industry is segmented into Belt Filter Press, Rotator Disc, Centrifuges, and Screw Disc. Belt filter press segment is expected to cross USD 600 billion by 2024, driven by some of the factors such as cost effectiveness, easy equipment maintenance, and user friendliness. Centrifuge segment, which was estimated at USD 800 million in 2015, is anticipated to witness substantial growth over the coming seven years. Growing demand for centrifuge sludge dewatering equipment by municipal corporations will drive the growth.
Sludge dewatering equipment market share in rotator disc segment, worth USD 600 million in 2015, is anticipated to grow substantially over the coming period of 2016 to 2024. High demand for rotator discs for removing municipal wastes is anticipated to boost the industry revenue. Screw press sludge dewatering market will also exhibit a substantial growth over the coming timeframe.
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Geographically, UK Sludge dewatering equipment industry will collect a revenue of more than USD 450 million over the coming seven years. The growth can be attributed to the surging awareness among the end users and unavailability of usable land.China sludge dewatering equipment market is anticipated to exceed a revenue of USD 400 million by 2024. Chinese government is putting their efforts to minimize the environmental losses by filing the regulations like Solid Waste Amendment 2004, which favors to dispose the waste effectively.
Growth Drivers of Sludge Dewatering Equipment Market:
o Stringent wastewater regulations
o Growing inclination toward green economy
o Rising environmental & health concerns over wastewater
o Shifting trends toward the circular economy
U.S. sludge dewatering equipment market size worth USD 1 billion in 2015, is anticipated to generate lucrative revenue over the coming years of 2016 to 2024, owing to the implementation of stringent environmental norms regarding the waste/sludge treatment.Germany sludge dewatering equipment industry is predicted to exhibit CAGR of 4% over the coming period of 2016 to 2024. Legislations such as Hazardous Waste Regulations 2005 are expected to positively impact the human health and ecology, thereby augmenting the market growth.
Leading Key Players in Sludge Dewatering Equipment Market Are:
Evoqua Water Technologies LLC, ENCON Evaporators, Suez Environnement, Kontek Process Water Management, Veolia, Hitachi Zosen Corporation, Keppel Seghers, Alfa Laval, Huber SE, Andritz, Flo Trend Systems, Inc., Phoenix Process Equipment, Aqseptence Group, Hiller Separation & Process LLC, Flottweg SE
Partial Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.2 Market definitions
1.3 Market estimation & forecast parameters
1.4 Data Sources
188.8.131.52 Paid Sources
184.108.40.206 Public Sources
Chapter 2 Executive Summary
2.1 Sludge dewatering equipment industry 3600 synopsis, 2013 - 2025
2.1.1 Business trends
2.1.2 Technology trends
2.1.3 Application trends
2.1.4 Regional trends
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