Municipal and Industrial Sludge Treatment and Odor Control: The Global Market
April 30, 2012
Wellesley, Mass. – According to a new technical market research report, MUNICIPAL AND INDUSTRIAL SLUDGE TREATMENT AND ODOR CONTROL: THE GLOBAL MARKET (ENV010B) from BCC Research (www.bccresearch.com), the global market for sludge treatment and odor control equipment was valued at nearly $5.3 billion in 2011 and is expected to reach $5.5 billion in 2012. By 2017, the market should total nearly $7 billion, a compound annual growth rate (CAGR) of 4.7% from 2012 to 2017.
As a segment, sludge treatment will account for $3.1 billion in 2012 and should be worth nearly $4 billion by 2017, a CAGR of 4.6%.
Odor control is projected to total nearly $2.4 billion in 2012 and should be worth $3 billion by 2017, a CAGR of 4.9%.
The harmful impact of waste streams and sludge of all types on the global environment is hard to overstate. Humankind’s waste is steadily poisoning water supplies, and only advanced wastewater treatment and controlled sludge treatment technologies offer the hope of slowing, much less halting, the inevitable loss of usable water, land, and clean air.
Worldwide, ever larger quantities of wastewater combined with more advanced levels of treatment are resulting in increased sludge volumes. In turn, concerns and regulations regarding sludge neutralization and storage are growing across the globe. As a result, sludge treatment, management, and sludge reuse technologies are growing in demand.
The need to reduce sludge transportation and disposal costs helps drive the global sludge treatment market. Since the market is a traditionally conservative one, however, novel or advanced technologies are struggling to gain significant market share. In addition, most wastewater treatment plants are striving to minimize total sludge volumes in the first place, thereby reducing the need for sludge treatment equipment.
Venture capitalists, executive planners, senior marketing personnel, research analysts and suppliers to the sludge treatment and odor control industry, and end users who want to discover and exploit current or projected market niches should find this report useful. Additionally, anyone who wishes to gain an understanding of the sludge treatment and odor control market, regulations affecting these markets, market trends and competitive structures within these markets will find this study worthwhile.
Municipal and Industrial Sludge Treatment and Odor Control: The Global Market( ENV010B )
Publish Date: Apr 2012
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
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