Press release
Sludge Dewatering Equipment Market Set to Reach $7.05 Billion in 2028 within Forecast Period 2024-2033, Driven by Technological Advancements
Sludge Dewatering Equipment Market Report
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.
Market Overview -
The sludge dewatering equipment refers to the dewatering of wastewater to minimize waste content from wastewater. Sludge dewatering equipment is used to perform the process of separating water from saturated soil or sludge.
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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.
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.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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