Sludge Dewatering Equipment Market expected to grow at a substantial rate to 2024
Date: 2018-09-05   Author: Ronak Bora  Category: #industry

Sludge Dewatering Equipment Market expected to grow at a substantial rate to 2024

According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, global sludge dewatering equipment market is expected to grow at over 4% CAGR to surpass USD 4 billion by 2024. Growing population coupled with increasing urbanization will stimulate industry growth. Increasing waste volume in urban areas along with industrial waste will positively impact the business outlook. 

Strict government regulations for incineration, landfilling, and ocean dumping will drive sludge dewatering equipment market demand. Solid Waste Disposal Act of 1965 set disposal mandatory in the eco-friendly way and forbids ocean dumping of waste. Gate fees and tipping encourage the product demand. Screw press sludge dewatering equipment market will witness growth by 2024 owing to its affordable pricing, ease of use and easy equipment maintenance are some of the features which make the product preferable.

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Rotator disc sludge dewatering equipment market is expected to grow over 5% by 2024. Increasing demand for rotator disc equipment in municipal waste owing to its long operating life will impact the industry outlook.

Sludge dewatering equipment market from belt filter press is predicted to exceed USD 600 billion by 2024. Notable increase in waste disposal infrastructure of North America will further augment the product demand. In 2016, New York state has eight dewatering plants for municipal sludge processing favoring industry landscape.

Growing number of industries along with strict government regulations towards industrial waste disposal will propel the Industrial sludge dewatering equipment market. Hazardous & Solid Waste Amendments of 1984, mandates landfills to install protective layers to prevent leachate from mixing and percolating with the groundwater tables. Municipal sludge dewatering equipment Market for 2015 was valued over USD 46 million. Rising awareness towards effective waste recycling along with stringent government regulation to reduce household waste will positively impact the industry growth.

North America sludge dewatering equipment market will witness growth over 3% by 2024. Increasing awareness for clean environment coupled with restrictions for improper waste disposal will positively influence the industry outlook.

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China sludge dewatering equipment Market is set to grow to 7% by 2024. Environmental protection law of the PRC, cleaner production promotion law of the PRC and circular economy promotion law of the PRC are some the waste management legislation in country which will boost the industry landscape.

South Africa is predicted to reach over USD 42 million by 2024. Health Act 1977 and Hazardous Substances Act 1973 govern the liquid and solid waste disposal and regulate industrial and municipal waste to protect environment and health by encouraging measures to curb pollution.

Major players in sludge dewatering equipment market includes Veolia water, Andritz, Huber, Alfa Laval, Flo Trend, Dewaco, and Palmetto Water Solutions.

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Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for AlgosOnline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.


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