Alarming Rise in Sludge Being Produced from Industries to Bolster Dep oct 2016 | Page 2

Sludge Dewatering Equipment Market REPORT DESCRIPTION Sludge Dewatering Equipment Market - Global Industry Analysis, Size, Share, Growth,Trends and Forecast 2015 - 2023 According to this report, the global sludge dewatering equipment market was valued at US$3.05 bn in 2014 and is projected to reach US$4.83 bn by 2023, at a CAGR of 5.5% from 2015 to 2023. In-depth research report on Sludge Dewatering Equipment Market with Full TOC at : http://www.transparencymarketresearch.com/sludge-dewatering-equipment-market.html Sludge is generated in large quantities during waste water treatment. The sludge generated is typically subjected to dewatering process prior to disposal. Sludge dewatering process eliminates free liquid before landfill disposal, reduces fuel requirements, and reduces the volume of sludge which in turn, reduces transportation and storage costs. Utilization of sludge dewatering beds in sludge treatment plants can increase the capacity of dewatering process. Growing public concerns and increasingly strict environmental legislation are some of the factors that are driving both the construction of new sludge treatment facilities and maintenance of existing sludge treatment facilities in regions such as North America and Europe. From 2015 to 2023, growth of the sludge dewatering equipment market is likely to be dominant in Europe, followed by North America, Asia Pacific, and Rest of World. The sludge dewatering equipment market has been segmented into four regions: North America, Europe, Asia Pacific, and Rest of the World. Europe held the largest share of 35% of the sludge dewatering equipment market in 2014. Strong growth in the sludge dewatering equipment market in Europe can mostly be observed in the eastern and western regions of the country. This is driven by growth in production of sludge and increasing wastewater treatment technology (which would boost demand for sludge dewatering equipment). North America has witnessed significant growth in sludge production in the last few years. This production growth is a result of increase in the number of wastewater treatment facilities and rising population. Rapid industrialization and urbanization have boosted the demand for wastewater and sewage treatment in Asia Pacific. In Rest of the World, South Africa and Brazil are anticipated to emerge as potential markets for sludge dewatering equipment during the forecast period. Countries in Western Europe such as the U.K. are moving toward the adoption of innovative and advanced technologies such as belt press. The sludge dewatering equipment market has been segmented as follows: Sludge Dewatering Equipment Market: By Technology Transparency Market Research 2