Sludge Dewatering Equipment Market - 4% CAGR for Municipal applications to 2024
SELLBYVILLE, Del., Nov. 23, 2017 /PRNewswire-iReach/ -- Global Sludge Dewatering Equipment Market is set to be valued USD 4.9 billion by 2024; as per a new research report by Global Market Insights, Inc. Increasing urbanization along with growing population will drive global sludge dewatering equipment market size by 2024. Growing waste volume in municipal areas coupled with industrial waste owing to rapid industrialization will positively influence the industry outlook.
Stringent government regulations against landfilling, incineration and ocean dumping will augment sludge dewatering equipment market demand. Municipal waste remains a notable application area, Solid Waste Disposal Act, 1965 mandates disposal with the eco-friendliest way and prohibits ocean dumping of waste. Tipping and gate fees provide a positive cashflow to waste disposal units, providing an impetus to effective sludge processing.
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Sludge dewatering equipment market share from screw press should witness strong growth by 2024 owing to its easy equipment maintenance, affordable pricing and ease of use are notable features which may favour the industry landscape. Centrifuge segment for 2015 was over USD 800 million and is expected to witness robust growth during forecast timeline.
Sludge dewatering equipment market share from rotator disc segment is predicted to witness growth over 5% between 2016 to 2024. Increasing adoption of rotator disc equipment in municipal waste subject to its long operating life will positively influence industry growth.
Belt filter press segment is predicted to surpass USD 600 billion by 2024. North America witnessed substantial increase in waste disposal infrastructure, further augmenting the sludge dewatering equipment market size. By 2016, New York State had 8 dewatering plants to process municipal sludge generated across the city, favoring industry landscape.
Industrial sludge application, by 2024, is expected to surpass USD 2.5 billion owing to rapid industrialization coupled with government norms towards effective disposal of industrial waste. Hazardous & Solid Waste Amendments, 1984, mandates disposal methods and necessitates landfills to install protective layers to restrict leachate from percolating and mixing up with the groundwater tables.
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North America sludge dewatering equipment market will see over 3% growth by 2024 on account of increasing environmental awareness along with strict regulations to restrict improper waste disposal will further supplement industry landscape.
For Europe, Germany sludge dewatering equipment market share is set to grow over 4% by 2024. The Hazardous Waste Regulations 2005 regulates waste with hazardous potency which may have a harmful effect on environment or human health and wellbeing.
For Asia Pacific, China sludge dewatering equipment market size is expected to surpass USD 400 million by 2024. Solid Waste Amendment 2004 mandates solid waste to be processed breaking down constituents and disposed separately.
South Africa sludge dewatering equipment market share is expected to grow over 6% during the forecast period. Hazardous Substances Act 1973 and the Health Act 1977 govern the solid and liquid waste disposal and regulate municipal and industrial waste to protect health and environment by providing rational measures to curb pollution and environmental degradation.
Browse key industry insights spread across 155 pages with 118 market data tables & 10 figures & charts from the report, "Sludge Dewatering Equipment Market Size By Technology (Centrifuges, Belt Filter Press, Rotator Disc, Screw Press), By Application (Industrial, Municipal), Industrial Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Spain, Italy, France, China, India, South Korea, Japan, Saudi Arabia, South Africa, Mexico, Chile, Brazil,) Competitive Market Share & Forecast, 2016 – 2024" in detail along with the table of contents, please click on the link below:
https://www.gminsights.com/industry-analysis/sludge-dewatering-equipment-market
Chapter 3 Sludge Dewatering Equipment Industry Insights
3.1 Industry segmentation
3.2 Industry size & forecast, 2014 – 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Technology & innovation landscape
3.5 Regulatory framework
3.5.1 U.S.
3.5.2 Japan
3.5.3 China
3.5.4 Europe
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Increasing Public Awareness Regarding Sludge Disposal
3.6.1.2 Rapid population and urbanization
3.6.1.3 Cost benefits
3.6.1.4 Increased waste production
3.6.2 Industry pitfalls & challenges
3.6.2.1 Long dewatering process
3.7 Growth potential analysis
3.8 Porter's analysis
3.9 Competitive landscape, 2015
3.9.1 Strategy dashboard
3.10 PESTEL analysis
Browse Full TOC @ https://www.gminsights.com/toc/detail/sludge-dewatering-equipment-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Media Contact: Arun Hegde, Global Market Insights, Inc., +13028467766, [email protected]
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