Press release
Global Sludge Dewatering Equipment Market Comprehensive Study: Forecasted Market Size And Growth Rate
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2525The Business Research Company offers in-depth market insights through Sludge Dewatering Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The sludge dewatering equipment market size has grown strongly in recent years. It will grow from $4.47 billion in 2023 to $4.9 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to stringent environmental regulations, population growth and urbanization, focus on water recycling and reuse, industrialization and manufacturing growth, need for sustainable waste management, rising awareness of water scarcity, focus on odor control..
The sludge dewatering equipment market size is expected to see strong growth in the next few years. It will grow to $7.05 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to circular economy practices, decentralized wastewater treatment, use of polymer flocculants, focus on energy efficiency, environmental impact assessments.. Major trends in the forecast period include adoption of advanced dewatering technologies, enhanced automation and control systems, increasing use of screw press dewatering technology, integration of internet of things (iot) for remote monitoring, emergence of innovative dewatering solutions..
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Market Segmentation:
The sludge dewatering equipment market covered in this report is segmented -
1) By Material: Carbon Steel, Fibre-reinforced Plastic, Stainless Steel
2) By Technology: Screw Press, Rotator Disc Press, Centrifuges, Belt Filter Press, Other Technologies
3) By Application: Industrial Sludge, Municipal Sludge
Major Driver - Health And Environmental Concerns Drive Growth In Sludge Dewatering Equipment Market
The rising health concerns over wastewater are expected to propel the growth of the sludge dewatering equipment market going forward. People are becoming more concerned about their health as a result of growing discharges of improperly treated wastewater, which can cause respiratory ailments, heart disease, and certain types of cancer. For instance, in September 2023, according to the World Health Organization, a Switzerland-based United Nations specialized organization in charge of worldwide public health monitoring, a minimum of 1.7 billion people worldwide are likely to consume feces-contaminated water in 2022. Therefore, the rising environmental and health concerns over wastewater are driving the sludge dewatering equipment market growth.
Competitive Landscape:
Major companies operating in the sludge dewatering equipment market report are Andritz AG, Alfa Laval AB, Hitachi Zosen Corporation, Mitsubishi Kakoki Kaisha Ltd., Veolia Environnement SA, GEA Group AG, Evoqua Water Technologies, Flo Trend, Phoenix Process Equipment, Gruppo Pieralisi - MAIP S. p. A., SUEZ Utilities company, HUBER SE, Keppel Seghers Belgium NV, Komline-Sanderson Corporation, Kontek Ecology Systems Inc, Veolia Water Technologies, Atara Equipment Ltd., Bilfinger Water Technologies GmbH, Dewaco Ltd., Beckart Environmental, Era Hydro-Biotech Energy, Fournier Industries, Palmetto Water Solutions, Therma-Flite, Oy Ekotuotanto, AKAR IMPEX, Shosalowe Investment, CST Wastewater Solutions, Wamgroup, BENEV Company Inc.
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Top Trend - Innovative Technological Advancements Enhance Sludge Dewatering Equipment Market Growth
Technological advancements have emerged as a key trend gaining popularity in the sludge dewatering equipment market. Companies operating in the sludge dewatering equipment market are focused on developing new technological solutions to strengthen their position in the market. For instance, in August 2021, The Energy and Resources Institute, based in India, developed a technology called The Advanced Oxidation Technology, or TADOX, with the support of the Department of Science and Technology (DST), India. The technology involves UV-Photocatalysis at the secondary treatment stage, which results in mineralization and oxidative degradation of specific contaminants, reducing the need for biological and tertiary treatment systems.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sludge Dewatering Equipment Market Characteristics
3. Sludge Dewatering Equipment Market Trends And Strategies
4. Sludge Dewatering Equipment Market - Macro Economic Scenario
5. Sludge Dewatering Equipment Market Size And Growth
…..
27. Sludge Dewatering Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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