Legislations On Wastewater Residue Disposal Spur Adoption Of Sludge Treatment Systems Globally, Finds Frost & Sullivan
LONDON, March 19, 2013 /PRNewswire/ -- Stringent legislations on wastewater residue disposal have fuelled investments in the global sludge treatment market. Rapid infrastructure development, particularly in developing countries, has resulted in a rise in the number of wastewater treatment plants and heightened sludge production, further providing a large addressable market for sludge treatment systems.
New analysis from Frost & Sullivan ( http://www.environmental.frost.com), Global Sludge Treatment Systems Market, finds that the market earned revenues of more than $5.35 billion in 2012 and estimates this to reach $8.23 billion in 2018.
Environmental concerns have led countries to establish policies that mandate an increase in the quality and number of treatment facilities for sludge management. These policies, which set the preferred routes of treatment and the acceptable level of contaminants and pathogens, compel the development of sludge treatment systems.
"The emphasis on reusing energy and materials from sludge, which is rich in organic content and minerals, will expand the sludge treatment market globally," said Frost & Sullivan Energy and Environmental Industry Manager Suba Arunkumar. "Sludge's application in agriculture as a replacement or addition to fertiliser and its uses in land reclamation, forestry, horticulture and landscaping will encourage treatment equipment adoption."Although untapped growth potential is high in the Asia-Pacific and Africa, the lack of clear management plans and protocols hinders the large-scale setting up of treatment facilities. The significant capital costs of these facilities add to the challenge. Therefore, instituting practical sludge management alternatives is crucial for global market growth. Regulatory bodies must create technology policies to drive the development of advanced treatment and disposal systems that comply with the mandatory limits on sludge constituents and have minimal impact on the environment and public health.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV