LONDON, Nov. 28, 2016 /PRNewswire/ -- The global dewatering equipment market is projected to reach USD 6.46 billion by 2026, at a CAGR of 4.9% from 2016 to 2026. Rapid industrialization in the Asia-Pacific region and increasing demand from end-users are the key factors driving the global dewatering equipment market.
The rapid population & urbanization, requirement of sludge treatment, cost effectiveness, and increased sludge production are some of the key factors driving the growth of the dewatering equipment market globally. A long dewatering period is the major concern that restrains the growth of the market.
Industrial application segment is the largest application segment of global sludge dewatering equipment market for the forecast period
The industrial application segment accounts for the largest share of the global dewatering equipment market. The industrial segment is the biggest consumer of sludge dewatering equipment owing to the high volume of sludge produced by the various end-user industries, major ones being petroleum, mining and refineries.
Sludge dewatering equipment was the largest & fastest growing type in the global dewatering equipment market in 2015
Sludge dewatering equipment is expected to account for the largest share in the global dewatering equipment market. It is projected to be the fastest-growing type in the global dewatering equipment market from 2016 to 2026. There is a high demand for sludge dewatering equipment globally, majorly due to the increasing awareness about the reuse & recycling of sludge. Sludge dewatering equipment helps in saving transportation & disposal costs, and it also helps in eliminating problems related to the need to dispose the paste like substances.
Globally, India is the fastest-growing country market for the forecast period
The Asia-Pacific region recorded the second-largest share in the global dewatering equipment market in 2015. Countries such as Japan, India, and China are driving the growth of the sludge dewatering equipment market in the Asia Pacific region due to the stringent environmental regulations for sludge disposal laid by the governmental bodies in this region.
Break-up of profile of the primary participants for the report:
- By Company Type - Tier 1 – 27 %, Tier 2 – 38%, and Tier 3 – 35%
- By Designation – C level – 25%, Director level – 30%, Others – 45%
- By Region – Asia-Pacific - 35%, Europe - 25%, North America - 15%, Middle East & Africa - 20%, and Latin America – 5%
The report, as a part of qualitative analysis, provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges in the market. It also discusses the competitive strategies adopted by different market players, such as Alfa Laval AB (Sweden), Andritz AG (Austria), Veolia Water Technologies (France), Aqseptence Group (U.S.), Huber SE (Germany), Flo Trend Systems Inc. (U.S.), PHOENIX Process Equipment Co. (U.S.), Hiller GmbH (Germany), Dewaco Ltd. (Finland), and others.
The global dewatering equipment market report has been segmented on the basis of type (sludge dewatering equipment and other dewatering equipment), and method (wellpoints, sump pumping, eductor wells, and others)
The sludge dewatering equipment has been further segmented on the basis of application (industrial, and municipal), technology type (centrifuges, belt filter presses, vacuum filters, drying beds, sludge lagoons, and others), and geography (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America).
Reasons to buy this report:
This report covers the following key aspects:
- The market size and its growth rate
- Key market trends
- Factors driving this market
- Challenges that impact market growth
- Detailed analysis of the sludge dewatering equipment segment (includes the segmentation in terms of application, technology type, and geography)
- Key players in this market
- Key regions for this market, such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America, along with the major countries in these regions
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