The global Dewatering Screens market size was worth around USD 542.13 million in 2022 and is predicted to grow to around USD 814.56 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.20% between 2023 and 2030.
Sand screws can be used in conjunction with the Dewatering Screen to provide a fine aggregate output that is dryer and cleaner. Generally 10% drier than Fine Material Screw Washers, they are designed to reliably provide drip-free products. Up to 22% of sand that has been dried using traditional methods may still be wet.
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Overview of the Dewatering Screens Market
The dewatering screen may produce goods with an average moisture content of roughly 12 to 14%, depending on the particle size and throughput; some machines can offer material at rates as low as 7%. Materials such as sand, gravel, crushed aggregates, frac sand, industrial sands, mineral sands, hard rock, precious metals, coal, iron ore, salt, and other granular materials can all be treated using a dewatering screen.
• Our research analyst’s analysis indicates that over the course of the forecast period (2023–2030), the global market for dewatering screens is expected to increase at a compound annual growth rate (CAGR) of about 5.20%.
• The global market for dewatering screens was estimated to be worth USD 542.13 million in revenue in 2022 and is expected to grow to USD 814.56 million by 2030.
• The expanding mining and construction industries are driving the global market for dewatering screens.
➤ The expansion of the mining and construction sectors drives market expansion
The mining and construction industries make extensive use of dewatering screens. The need for dewatering screens is growing as these industries grow. Dewatering screens can be used to remove water from a variety of minerals, aggregates, and building materials. To meet the growing need for renewable energy technology, minerals like cobalt, graphite, and lithium, for example, may see a five-fold rise in demand by 2050, according to a recent report by Minerals for Climate Action. More than 3 billion tons of minerals and metals are expected to be needed in order to meet the Paris Agreement’s targets of having net-zero greenhouse gas emissions by 2050.
Furthermore, the Invest India research projects that the Indian construction sector will generate USD 1.4 trillion in revenue by 2025. The rise in the building industry can be attributed to the fact that 68 Indian cities will have a population of one million or more, and this population will contribute 75% of the country’s GDP (up from the current 63%). Consequently, over the course of the analysis period, it is anticipated that the expansion of the mining and construction sectors will fuel demand for dewatering screens.
➤ Elevated initial and ongoing expenses impede the expansion of the market
A significant initial financial investment may be necessary for dewatering screens, especially for complex and specialized systems. For startups or companies with little funding, this expense might not be able to be sustained. Even though dewatering screens have the potential to save money in the long term, there are still costs associated with operating and maintaining them. This includes regular maintenance, energy utilization, and screen media replacement costs. therefore impeding the industry’s growth for dewatering screens over the anticipated period.
➤ Growing innovative product launches present a profitable chance to expand into new markets
Over the course of the forecast period, the increasing number of novel product launches is anticipated to present a profitable potential for the worldwide dewatering screen market’s revenue growth. For example, Metso Outotec expanded its selection of screening media in April 2023 with Trellex® GS, a panel that meets with European aggregate industry fixing specifications. Modern modular screening material, Trellex® GS is available in rubber and polyurethane and installs using a knock-in technique. Long wear life, easier replacements, increased uptime, and increased safety are the goals.Trellex® GS is a noteworthy addition to Metso Outotec’s screening media lineup, supporting their objective to develop user-friendly screening modules that enhance the screening experience for our clients. The rubber and polyurethane compounds are unique due to decades of meticulous study and development. There is nothing like these incredibly flexible fabrics to stop pegging and blindness. therefore promoting the expansion of the market.
➤ Variations in material properties pose a significant obstacle to market expansion
Numerous sectors and applications employ a range of materials with various moisture levels, particle size distributions, and properties. Dewatering screens that can withstand this range of materials and yet function as best they can may be challenging to design. Therefore, it is anticipated that the variety of material qualities will provide a significant obstacle to market expansion.
The Global Dewatering Screens Market is segmented based on product, application and region
Global Dewatering Screens Market: Product Segment Analysis
● Single Deck Dewatering Screens
● Double Deck Dewatering Screens
Global Dewatering Screens Market: Application Segment Analysis
● Recycling & Waste
● Food & Feed
● Mining & Minerals
The global Dewatering Screens market is dominated by players like:
● Superior Industries
● Schenck Process
● General Kinematics
● Classification & Flotation Systems (CFS)
● Derrick Corporation
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➤ Throughout the forecast period, the Asia Pacific region has the biggest market share
Throughout the projected period, the Asia Pacific region is anticipated to own the most global market share for dewatering screens. The region’s fast infrastructure development and urbanization are to blame for the market’s expansion. For example, almost 2.2 billion people, or 54% of the world’s metropolitan population, live in Asia, according to a United Nations report. By 2050, Asia’s urban population is expected to grow by 50%, or by 1.2 billion additional people. Furthermore, the infrastructure sector is the main engine of the Indian economy.
The Indian government places a great deal of emphasis on this sector since it is essential to the nation’s overall growth and ensures that top-notch infrastructure is built on schedule. The building of roads, bridges, dams, and urban infrastructure is all included in the infrastructure industry. Foreign direct investment (FDI) in the construction development (townships, housing, built-up infrastructure, and construction development projects) and construction (infrastructure) activity sectors reached a total of $ 26.17 billion and $ 26.30 billion, respectively, between April 2000 and December 2021, according to the Department for Promotion of Industry and Internal Trade (DPIIT). Infrastructure-related activities accounted for little more than 13% of the 81.72 billion dollars in total foreign direct investment inflows for the fiscal year (FY) 2021. Regarding the quantity of kilometers
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