Comminutors Market To Grow With an Impressive CAGR During the Forecast Period
Surging demand from waste management
industry is driving the growth in Global Comminutors Market in the forecast
period, 2022-2026.
According
to TechSci Research report, “Global Comminutors Market - Global Industry Size,
Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Type (Drum Type Comminutors,
Straight-through Comminutors, In-line Comminutors, & Others), By Product
(Pipeline Wastewater, Channel Wastewater), By Application (Wastewater
treatment, Sludge processing, Material handling, Sewage lift stations), By End
Use (Residential, Commercial & Industrial), By Region”,
the global comminutors market would potentially project an impressive growth in
the forecast period, 2022-2026, with an impressive CAGR on the account of increased
demand from the wastewater treatment plants. Also, increased industrialization
producing wastage in large quantity is further driving the growth of the global
comminutors market in the upcoming five years. Moreover, growing population,
expanding manufacturing industry, urbanization, and regulatory requirements are
further supporting the growth of the global comminutors market in the next five
years. Additionally, rising concerns among the population and government
initiatives regarding wastewater management is also substantiating the growth
of the global comminutors market in the future five years. Although,
initiatives taken by manufacturing industries and state bodies for lesser waste
generation may put a mild restraint on the market growth in the next five
years.
Comminutors
or sewage grinders are the wastewater treatment machinery that are used for
shredding and screening devices widely used in wastewater treatment plants and
pumping stations. This machinery grinds and shreds material up to 6 to 19 mm in
size. There are majorly three types of comminutors, namely, drum type
comminutors, straight-through comminutors, in-line comminutors.
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The global comminutors market segmentation is done
by type, product, application, end use, competitional landscape, and regional
distribution. Based on application, the market is further bifurcated into wastewater
treatment, sludge processing, material handling, and sewage lift stations.
Wastewater treatment is anticipated to hold the largest revenue shares of the
market and dominate the market segment in the upcoming five years on the
account of extended applications of comminutors in the wastewater treatment.
Moreover, sludge processing is expected to register fastest growing CAGR value
on the account of efficiency of the comminutors in breaking down the larger solid
waste into smaller pieces. Comminutors also have wide applications in the
material handling as in grinding the course to clear up the trapped waste
material.
Holding the major shares of the global comminutors
market are SAVÉCO North America, Inc., H2Flow Equipment Inc., Grundfos Canada
Inc., JWC Environmental, Napier-Reid Ltd., Smith & Loveless, Inc., Pro Aqua
Inc., Franklin Miller Inc., The Fitzpatrick Company, G.E.T. Industries,
Tencarva Machinery Company, among others. Market players are actively involved
in the research and technological development in the product developments. The
advanced technology has made it possible for the industry to provide excellent
services through comminutors. Further advancement would aid the market value
and brand establishment in the future five years. New market players may focus
on the research and development to provide options that satisfies the consumer
demand as well as benefits the market players in building their brand value.
Other competitive strategies include mergers & acquisitions and new product
developments.
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“North America is anticipated to show a
robust growth in the next five years, growing on the backbone of advancing
wastewater treatment plants. Moreover, the rapid industrialization and
globalization is further aiding the growth of the market by surging the demand
to digest solid wastes. Places like California, Arizona, Texas, and Georgia are
suffering from serious water scarcity thus, wastewater treatment and recycling
is further enunciating the surge in the demand for comminutors and driving the
growth of the global comminutors market in the future five years. New market
players are advised to indulge in the research and technological advancements
since the product has not evolved since last 30 years,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based Global management
consulting firm.
“Global Comminutors
Market - Global Industry Size, Share, Trends, Opportunity and Forecast,
2016-2026, Segmented By Type (Drum
Type Comminutors, Straight-through Comminutors, In-line Comminutors, &
Others), By Product (Pipeline Wastewater, Channel Wastewater), By Application
(Wastewater treatment, Sludge processing, Material handling, Sewage lift
stations), By End Use (Residential, Commercial & Industrial), By Region”, has evaluated the future
growth potential of global comminutors and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global comminutors market.
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