SLUDGE DEWATERING EQUIPMENT MARKET TO REACH VALUATION OF US$ 5 BN BY 2030

Posted by mandar on March 17th, 2021

Sludge Dewatering Equipment Market: Introduction

In terms of value, the global sludge dewatering equipment market is expected to reach US$ 5 Bn by 2030, expanding at a CAGR of ~5% during the forecast period. Based on technology, belt filter press and centrifuges segments are anticipated to continue to dominate the global sludge dewatering market in the near future owing to their ease of operation, lower cost, lower power, and lower noise.

Rotator disc press and screw press segments are estimated to witness significant growth in the sludge dewatering market, owing to their high dewatering output and cost effectiveness properties. In terms of application, the municipal sewage segment accounted for a major share of the global sludge dewatering market in 2019. Sludge is produced in large quantities during municipal wastewater treatment. Municipal sludge is subjected to dewatering prior to disposal. Sludge dewatering process helps lower transportation and storage costs. It also helps eliminate free liquids before landfill disposal, and reduce fuel requirements.

Europe held a leading share of the global sludge dewatering equipment market in 2019. Rise in concerns about environmental security is one the factors influencing the sludge dewatering equipment market in the region.

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Major Drivers of Sludge Dewatering Equipment Market

The increase in industrial demand for sludge dewatering equipment is propelling the global sludge dewatering equipment market. Implementation of stringent sludge management legislation in the European Union and increase in sludge production are some of the key factors driving the demand for sludge dewatering equipment across the region. Countries in Western European such as the U.K. tend to prefer innovative and advanced technology solutions such as belt press. Sludge dewatering equipment offers multiple benefits such as high dewatering output and low costs of dewatering. Developing countries such as Australia have been experiencing issues in handling municipal sludge. Sewage treatment plants developed over the last decade in Australia do not have sludge treatment and disposal facilities. This is estimated to boost the demand for sewage treatment technologies and sludge dewatering treatment and disposal equipment facilities during the forecast period. In turn, this is projected to propel the sludge dewatering equipment market in Australia over the next few years.