Global Sludge Dewatering Equipment Market is Estimated to Value Over USD 5.5 Billion by 2029 End

  • 31 Jul 2019
  • Chemicals & Advanced Materials

The Global Sludge Dewatering Equipment Market is estimated to value over USD 5.5 billion by 2029 end and it is expected to register a CAGR of 8.4% during the forecast period 2019 to 2029.

Factors Influencing the Market Growth

Growing focus on protecting surface waters from the unfavourable effects of wastewater discharges coupled with rapid technological advancements integrated with the circular economy are the driving factors of the mark. Furthermore, growing measures are undertaken in order to minimize the hazardous impact that arises from wastewater streams shall boost market growth

Insights on Global Sludge Dewatering Equipment Market:

1. By Region

  • Europe
  • North America
  • Asia Pacific
  • Latin America
  • Rest of the World

The European region accounted for the largest market share owing to a reviving economic growth that shall augment the market growth. Furthermore, there is a mounting pressure on industries to obtain operational efficiencies while reducing the concentration of effluents simultaneously which shall expand the market significantly.

The North American region is expected to substantiate significant market growth during the forecast period and one of the reasons for this to happen is the growing dearth of available water resources coupled with an ageing wastewater treatment infrastructure. Moreover, minimizing the costs of disposing sludge generated from treating wastewater will surely boost the market further.

2. By Technology

  • Belt Filter Press
  • Centrifuges
  • Screw Press
  • Others

The belt filter press technology segment is anticipated to witness significant market growth during the forecast period. The most integral factor responsible for this growth are the regulatory measures undertaken in order to mitigate the impact of untreated industrial and municipal waste. Furthermore, strict wastewater discharge and generation standards along with a rising focus on minimizing the ecological impact of municipal and industrial waste will spur the market growth. 

3. By Application

  • Municipal
  • Industrial

The municipal application segment is expected to witness a remarkable market growth during the forecast period owing to limited availability of land for disposing waste across metropolitan cities has encouraged the market to grow further. Moreover, the process of recycling is trending which has provided further momentum to the growth of the market.

Competitive Landscape:

  • Tier 1 players- established companies in the market with a major market share  
  • Tier 2 players 
  • Emerging players which are growing rapidly 
  • New Entrants

Key Market Players:

  • Suez Environment
  • Keppel Seghers
  • Evoqua Water Technologies
  • ENCON Evaporators
  • Kontek Process Water Management
  • Hitachi Zosen Corp.
  • Alfa Laval

FutureWise Key Takeaways

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

Objectives of the Study:

  • To provide with an exhaustive analysis on the sludge dewatering equipment market by region, by technology, by application
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)—Europe, North America, Asia Pacific, Latin America and rest of the world
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

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