Sludge Dewatering Equipment Market will Reflect Significant Growth Prospects by 2030

Category: Business

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.