The report "Dewatering Equipment Market by Type (Sludge (Application (Industrial, Municipal), Technology Type (Centrifuges, Belt Filter Press, Vacuum Filters, Drying Beds, Sludge Lagoon)), Others (End Use (Paper, Plastic)), and Region - Global Forecast to 2026", The global dewatering equipment market is projected to reach USD 6.46 Billion by 2026, at a CAGR of 4.9% during the forecast period, 2016 to 2026.
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ArcelorMittal S.A. (Luxembourg), Nippon Steel & Sumitomo Metal Corporation (Japan), ThyssenKrupp (Germany), Novolipetsk Steel (Russia), Shougang Group (China), and Nucor Corporation (U.S.) are some of the key raw material suppliers to dewatering equipment manufacturers. The key players in the global dewatering equipment market are Andritz AG (Austria), Alfa Laval AB (Sweden), Veolia Water Technologies (France), Flo Trend Systems Inc. (U.S.), Fournier Industries Inc. (Canada), Aqseptence Group (Germany), and others. They supply different types of sludge dewatering equipment to end-users (industrial and municipal sectors).
On the basis of sludge dewatering equipment Application
Industrial
Refinery
Petroleum
Mining
Pharmaceutical
Food & Beverage
Others
Municipal
Residential
Commercial
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Belt filter press is the fastest-growing technology type in the global sludge dewatering equipment market
Among technology types, the belt filter press accounted for the second-largest share in the global dewatering equipment market in 2015. It is projected to be the fastest-growing technology type in the global sludge dewatering equipment market from 2016 to 2026. Some of the factors driving the demand for the belt filter press technology include, low installation costs and energy consumption costs, high capacity output, and continuous feed operation.
Industrial is the largest-growing application segment for the forecast period
The industrial application segment accounted for the largest share of the global sludge dewatering equipment market in 2015. The industrial application segment includes wastewater from various industries, like refineries, mining, petroleum, pharmaceutical, and food & beverage. Industrial wastewater sludge has very varied compositions, depending upon the type of industry and materials processed.