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(Construction.IndustryNews247.Com, January 19, 2019 ) According to the new market research report “Dewatering Equipment Market by Type (Sludge (Application (Industrial, Municipal), Technology Type (Centrifuges, Belt Filter Press, Vacuum Filters, Drying Beds, Sludge Lagoon)), Others (End Use (Paper, Plastic)), and Region - Global Forecast to 2026”, published by MarketsandMarkets™, the global dewatering equipment market is projected to reach USD 6.46 Billion by 2026, at a CAGR of 4.9% during the forecast period, 2016 to 2026.
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Growing sludge disposal awareness among end-users, and requirement for sludge treatment due to the increased sludge production across the globe, are some of the key factors driving the growth of the global dewatering equipment market.
Belt filter press is the fastest-growing technology type in the global sludge dewatering equipment market
Among technology types, the belt filter press accounted for the second-largest share in the global dewatering equipment market in 2015. It is projected to be the fastest-growing technology type in the global sludge dewatering equipment market from 2016 to 2026. Some of the factors driving the demand for the belt filter press technology include, low installation costs and energy consumption costs, high capacity output, and continuous feed operation.
Industrial is the largest-growing application segment for the forecast period
The industrial application segment accounted for the largest share of the global sludge dewatering equipment market in 2015. The industrial application segment includes wastewater from various industries, like refineries, mining, petroleum, pharmaceutical, and food & beverage. Industrial wastewater sludge has very varied compositions, depending upon the type of industry and materials processed.
Browse and in-depth TOC on “Dewatering Equipment Market”
84 - Tables
59 - Figures
165 - Pages
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Europe is the largest regional segment of the global dewatering equipment market
The major market drivers in the growth of the demand for dewatering equipment is the increased sludge production as well as the increasingly strict European Union sludge management legislation. As the market for dewatering equipment is growing mature in major Western European countries, there is a greater preference for equipment providing advanced and innovative solutions that can bring multiple benefits such as, reduced dewatering costs, high dewatering output, and so on.
Some of the major market players in this market include Alfa Laval AB (Sweden), Andritz AG (Austria), Veolia Water Technologies (France), Aqseptence Group (U.S.), Huber SE (Germany), Flo Trend Systems Inc. (U.S.), PHOENIX Process Equipment Co. (U.S.), Hiller GmbH (Germany), Dewaco Ltd. (Finland), and others.
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