Title: Sludge Dewatering Equipment Industry from industrial applications to exceed USD 2 billion by 2024
1Global Sludge Dewatering Equipment Market share
worth over 4.9bn by 2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Sludge Dewatering Equipment
Market
- Increasing urbanization along with growing
population will drive global sludge dewatering
equipment market size by 2024. Growing waste
volume in municipal areas coupled with industrial
waste owing to rapid industrialization will
positively influence the industry outlook. - Stringent government regulations against
landfilling, incineration and ocean dumping will
augment sludge dewatering equipment market
demand. Municipal waste remains a notable
application area, Solid Waste Disposal Act, 1965
mandates disposal with the eco-friendliest way
and prohibits ocean dumping of waste. Tipping and
gate fees provide a positive cashflow to waste
disposal units, providing an impetus to effective
sludge processing. - Sludge dewatering equipment market share from
screw press should witness strong growth by 2024
owing to its easy equipment maintenance,
affordable pricing and ease of use are notable
features which may favour the industry landscape.
Centrifuge segment for 2015 was over USD 800
million and is expected to witness robust growth
during forecast timeline.
3Continued...
- Sludge dewatering equipment market share from
rotator disc segment is predicted to witness
growth over 5 between 2016 to 2024. Increasing
adoption of rotator disc equipment in municipal
waste subject to its long operating life will
positively influence industry growth. - Belt filter press segment is predicted to surpass
USD 600 billion by 2024. North America witnessed
substantial increase in waste disposal
infrastructure, further augmenting the sludge
dewatering equipment market size. By 2016, New
York State had 8 dewatering plants to process
municipal sludge generated across the city,
favoring industry landscape. - Industrial sludge application, by 2024, is
expected to surpass USD 2.5 billion owing to
rapid industrialization coupled with government
norms towards effective disposal of industrial
waste. Hazardous Solid Waste Amendments, 1984,
mandates disposal methods and necessitates
landfills to install protective layers to
restrict leachate from percolating and mixing up
with the groundwater tables.
4U.S. Sludge Dewatering Equipment Market size, by
application, 2014-2024 (USD Billion)
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6Continued...
- North America sludge dewatering equipment market
will see over 3 growth by 2024 on account of
increasing environmental awareness along with
strict regulations to restrict improper waste
disposal will further supplement industry
landscape. - For Europe, Germany sludge dewatering equipment
market share is set to grow over 4 by 2024. The
Hazardous Waste Regulations 2005 regulates waste
with hazardous potency which may have a harmful
effect on environment or human health and
wellbeing. - For Asia Pacific, China sludge dewatering
equipment market size is expected to surpass USD
400 million by 2024. Solid Waste Amendment 2004
mandates solid waste to be processed breaking
down constituents and disposed separately. - South Africa sludge dewatering equipment market
share is expected to grow over 6 during the
forecast period.
7360 Analysis
- Application Trends
- Sludge dewatering equipment industry from
industrial applications is predicted to exceed
USD 2 billion by 2024 subject to growing
industrialization along with growing volumes of
industrial waste. Stringent government
regulations to curb leakage of potentially
harmful industrial waste into the environment
will positively impact the industry landscape. - Regional Trends
- U.S. sludge dewatering equipment market size for
2015 was over USD 1 billion and is predicted to
witness substantial growth owing to increasing
public awareness coupled with introduction of
strict regulations. New York City alone has eight
sludge dewatering plants to effectively process
the waste generated by the city every day. - Competitive Market Share
- Key industry participants include Huber, Veolia
water, Andritz, Alfa Laval, Dewaco, Flo Trend and
Palmetto Water Solutions. In February 2016, Flo
Trend Systems, ancillary of Group 42 was sold to
Wassar Logistics Holdings LLC for an undisclosed
amount, marking the entry of Wassar group in the
water filtration business.
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