The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2021 and an uptrend is witnessed from 2022.
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Market Insights
The Sludge Dewatering Equipment Market was accounted for US$ 730.4 Mn in terms of value in 2021 and is expected to grow at CAGR of 9.0% for the period 2022-2028.
Profiling Key Companies –
Suez SA
Kontek Ecology Systems Inc.
Veolia Environnement S.A.
Hitachi Zosen Corporation
Keppel Corporation
Alfa Laval AB
Huber SE
Andritz AG
ENCON Evaporators
Komline-Sanderson Corporation
Growth drivers and Market Value:
This report, from Stratview Research, studies the Sludge Dewatering Equipment Market value and growth drivers over the trend period of 2022-27. According to the report -
Sludge dewatering equipment market is likely to witness an impressive CAGR of 8.5% during the forecast period. Strict government regulations regarding wastewater and sludge treatment produced by the industrial and residential areas is the prime factor that is contributing to the demand for sludge dewatering equipment.
Based on Technology Type:
Based on the technology type, the market is segmented as belt filter press, centrifuges, screw press, and others. The centrifuges segment held the largest share of the market in 2021, whereas the belt filter press segment is expected to register the fastest growth during the forecast period. The centrifuges segment is mainly driven by its low capital cost, moderate operational cost, and low drying time. It is widely used in municipal wastewater treatment and heavy oil sludge treatment applications.
Based on Region:
In terms of regions, Europe is estimated to be the largest market during the forecast period, with Germany, France, the United Kingdom, and Russia being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the rising pressure on industries to achieve operational efficiencies by reducing their wastewater and sludge discharge.
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Covid Impact
This informative research report also includes the most recent global events concerning the coronavirus pandemic. The report provides a detailed analysis of the pandemic's impact and the industry's economic scenario. The report consists of tables, graphs, charts, figures, and diagrams, that are used to graphically represent important statistical information.
- Appropriate market trend and forecast analysis.
- All-inclusive report
- Decent price-performance ratio
- Reliable data
- Attractive market segments and associated growth opportunities.
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