May 05, 2020
According to the research report titled ‘Sludge Dewatering Equipment Market Size By Technology By Application Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, sludge dewatering equipment market is expected to be worth USD 5 billion by the year 2025.
Growing inclination towards reusing water and resource recovery trend along with development of technologically advanced products are major factor driving the growth of sludge dewatering equipment industry. Focus towards preventing surface water from contamination along with rising preference for green & sustainable economy through closed-loop production practices, pollution control and eco-efficiency are further fueling the market size.
In terms of technology, the report states that centrifuges segment is set to record a growth rate of 8% between 2019 and 2025. Scarcity of landfills along with government emphasis towards reducing the impact of untreated industrial and municipal waste are fostering the demand for centrifuges.
Based on the application spectrum, municipal segment is expected to register significant growth during the study period. Shortage of waste disposal sites and surging investments towards modernization of wastewater treatment infrastructure are aiding the segmental growth. Increasing focus towards recycling and reusing municipal waste is also favoring the market outlook.
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As per the regional scope, the U.S. sludge dewatering equipment industry is anticipated to expand with a CAGR of 9% through 2025. Constant depletion of water resources along with inadequate wastewater handling infrastructure are swaying the business dynamics. Strict effluent discharge regulations will augment the adoption of sludge dewatering equipment in the U.S.
Alternatively, sludge dewatering equipment industry in Germany is predicted to record a momentous growth during the estimated timespan. Incorporation of green practices like resource recovery and wastewater recycling in consort with guidelines for surface water protection will impel the business scenario in Germany.
The prominent companies operating in global sludge dewatering equipment industry are Hiller Separation & Process, Sebright Products, Komline-Sanderson, Huber SE, Alfa Laval, ENCON Evaporators, Flo Trend Systems, Aqseptence, Andritz, Suez Environment, Flottweg, Hitachi Zosen Corp., Evoqua Water Technologies, Veolia, Keppel Seghers, Kontek Process Water Management and Phoenix Process Equipment among others.