Albany, NY, Jan. 12, 2016 (GLOBE NEWSWIRE) -- According to this report, the global sludge dewatering equipment market was valued at US$3.05 billion in 2014 and is projected to reach US$4.83 billion by 2023, at a CAGR of 5.5% from 2015 to 2023.
Sludge dewatering process plays a critical role, both economically and operationally, particularly when methods of disposal involve heat treatment and landfill disposal. Sludge dewatering process significantly reduces the volume of sludge and increases the solid content. Reduction of volume reduces the cost of sludge treatment process and sludge transportation. Dry solids content, detention time, the carbon, nitrogen, phosphorus ratio, and type and efficiency of sludge stabilization process are some of the factors affecting dewater ability of sludge.
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The sludge dewatering equipment market has been segmented on the basis of technology, application, and region. Centrifuges held 34% market share of the sludge dewatering equipment market in 2014. Belt filter press and centrifuges would continue to dominate the sludge dewatering market in the near future owing to their simplicity, lower cost, low power consumption, and low noise generation. In 2014, the municipal sludge application segment accounted for nearly 69% and the industrial sludge application segment held around 31% share of the sludge dewatering equipment market. This disparity is due to the growth of urban areas and increase in the significance of managing municipal solid wastes to avoid environmental degradation.
The sludge dewatering equipment market has been segmented as follows:
Sludge Dewatering Equipment Market: By Technology
- Belt Filter Press
- Rotator Disc Press
- Screw Press
Belt Filters to Remain Popular Equipment in Sludge Dewatering Equipment Market:
The global sludge dewatering equipment market is segmented on the basis of technology, end use, and geography. On the basis of technology, the sludge dewatering equipment market is fragmented into belt filter press, rotator disc press, centrifuges, horizontal screw press, and inclined screw press. Out of these, belt filter presses are the most popularly used systems by several industries for sludge dewatering.
Sludge Dewatering Equipment Market: By Application
- Municipal Sludge
- Industrial Sludge
Sludge Dewatering Equipment Market: By Region
- Rest of North America
- Rest of Europe
- Rest of Asia Pacific
Rest of World
- South Africa
Strict Environmental Laws to Ensure Steady Growth for Global Sludge Dewatering Equipment Market:
In the recent years, the global sludge dewatering equipment market has grown phenomenally due to several reasons. The factors driving this market are, an increase in the sludge produced by municipal sectors and growing industries across the globe. Strict environmental laws that insist on correct treatment and disposal of the sludge are also contributing to the growth of this market. The need to reduce and eliminate health hazards caused by the improper disposal of waste is also encouraging the growth of the global sludge dewatering equipment market. Prior to sludge disposal through landfilling or burning, the water content has to be minimized, which demands the use of sludge dewatering equipment. In the coming years, regions such as Asia Pacific and the Middle East are likely to offer a lucrative opportunity to the global sludge dewatering equipment market.
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Source:Transparency Market Research