Growth Of Sludge Dewatering Equipment Market 2015 – 2023
Sludge dewatering is a procedure used for eliminating the water content from sludge. Some of the major factors anticipated to boost the demand for sludge dewatering equipment in the next few years are increasingly strict disposal rules and regulations, rising technological innovation in sludge treatment, rapid industrialization, and rise in the production of sludge owing to the increasing population. In addition, technological advancements in this market, including the use of a rotator disc press and screw press for sludge dewatering, aids in reducing the process cost and increasing the output of dry cake. Enhanced sludge management, reduction in hazardous gases, low sludge transportation cost, improved water purification, and energy management are some of the major benefits that can be accomplished with the adoption of sludge dewatering equipment across the globe.
In 2014, the global sludge dewatering equipment market stood at more than US$3 bn and is anticipated to be US$4.8 bn by the end of 2023. This market is expected to exhibit a 5.50% CAGR between 2015 and 2023.
Centrifuges to Lead Global Sludge Dewatering Equipment Market till 2023
The global market for sludge dewatering equipment has been segmented as per technology into centrifuges, belt filter press, rotator disc press, and screw press. In 2014, centrifuges held a 34% share in the global sludge dewatering equipment market, which was followed by the belt filter press segment. The centrifuges and belt filter press segments are expected to lead the global sludge dewatering equipment market in the coming years due to their reasonable cost, low power consumption, low noise generation, and simplicity.
On the basis of application, the global sludge dewatering equipment market has been classified into industrial sludge dewatering and municipal sludge dewatering. In 2014, the municipal sludge segment held a massive share of 69%, whereas the industrial sludge segment accounted for a share of 31% in the sludge dewatering equipment market. This big difference is because of the rise in the importance of organizing municipal solid waste in order to evade environmental degradation and development of urban areas.
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Increased Sludge Production to Drive Europe Sludge Dewatering Equipment Market
The global sludge dewatering equipment market has been divided as per geography into Asia Pacific, North America, Europe, and Rest of the World. Among these regions, in 2014, Europe held a 35% share in the global sludge dewatering equipment market. Rapid growth of the sludge dewatering equipment market can be witnessed in the western and eastern parts of Europe. Growing demand for wastewater treatment equipment and increased sludge production are the major factors responsible for boosting the demand for sludge dewatering equipment in this region. In recent years, North America has observed a substantial rise in sludge production, owing to the tremendously rising population and rise in the number of wastewater treatment facilities. Furthermore, the Asia Pacific sludge dewatering equipment market is also growing at a fast pace due to rapid urbanization and industrialization, which has augmented the demand for sewage and wastewater treatment in this region. In the Rest of the World regional segment, the Brazil and South Africa sludge dewatering equipment markets are expected to be major markets in the coming years.
Some of the prominent players operating in the global sludge dewatering equipment market are Era Hydro- Biotech Energy Pvt. Ltd., Palmetto Water Solutions, LLC., Alfa Laval Inc., Fournier Industries Inc., Wright-Pierce, Flo Trend Systems, Inc., Komline-Sanderson Engineering Corporation, Atara Equipment Ltd., Therma-Flite, Inc., Dewaco Ltd., Bilfinger Water Technologies GmbH, and Kontek Ecology Systems Inc.
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