Market Overview:
The global slurry system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for slurry systems from various applications such as road construction, mining, dredging, and others. In addition, the growing demand for efficient and environment-friendly transportation systems is also contributing to the growth of this market.
Product Definition:
A slurry system is a wastewater treatment process that uses a fluid to suspend and remove particles from wastewater. Slurry systems are often used in industrial settings where large amounts of wastewater must be treated. The suspended particles can then be removed from the fluid and processed or disposed of accordingly.
Slurry Storage:
Slurry storage is the temporary storage of a liquid or semi-solid waste material that is generated during the production process. The slurry can be water, oil, chemical or any other type of liquid mixture. It has high viscosity and low density which increases its storage volume without affecting its weight significantly. Slurries are used for various applications in end-use industries such as construction & mining and oil & gas industry among others.
Slurry Mixing:
Slurry mixing is the process of combining two or more substances to form a homogenous mixture. It is usually used in wastewater treatment and mining applications. The slurry system market includes products such as screens, valves, nozzles, mixers pumps & motors among others which are used for this purpose.
The major driving factors responsible for the growth of this market include growing urbanization.
Application Insights:
The road application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing construction industry across developing countries, such as India and China, is anticipated to boost product demand for road applications over the coming years.
Mining was estimated as the second-largest segment in 2017 owing to increasing demand for advanced mining equipment including trucks with slurry tanks among other machines in opencast mines across various regions globally. In addition, growth of coal production from various regions including Australia will drive mining sector which will further increase product demand globally over the coming years. Increasing investments by governments worldwide towards infrastructure development along with rising need for safe working conditions has compelled companies operating within sectors such as coal and metal to make necessary investments towards safety equipment thereby driving mine machinery industry which will aid market growth positively during future phases of analysis.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well, owing to growing infrastructure activities and increasing government spending on construction projects. In addition, rising demand for cement in emerging economies such as India and China is anticipated to drive product demand over the coming years.
The presence of numerous mining companies across Australia has led to an increase in exploration activities for new mines which has resulted into an increased requirement for slurry systems across various industries including mining and construction. For instance, Boral Limited (ASX:BOR) was involved in developing a new mine at Beverley near Newcastle while Downer EDI Ltd (ASX:EDI) constructed a new coal loader at Hunter Valley Coal Terminal which will help boost coal exports from Australia thereby driving product demand across the region.
Growth Factors:
- Increasing demand for agricultural productivity: The global population is expected to grow to 9.7 billion by 2050, which will increase the demand for food. In order to meet this demand, there is a need for more efficient and sustainable agricultural practices that can improve crop yields. Slurry systems can help farmers achieve these goals by improving soil fertility and water retention, while also reducing fertilizer use and greenhouse gas emissions.
- Rising awareness of environmental benefits: Slurry systems offer many environmental benefits, such as reducing fertilizer runoff, sequestering carbon dioxide from the atmosphere, and improving soil health. As awareness of these benefits grows, more farmers are likely to adopt slurry systems in order to reduce their environmental impact.
- Growing popularity of organic farming: Organic farming is becoming increasingly popular due to its many benefits for the environment and human health. Slurry systems are well-suited for organic farming because they help recycle nutrients back into the soil while also reducing chemical inputs like fertilizers and pesticides . This makes slurry systems an attractive option for organic farmers looking to improve their production efficiency without compromising on quality or sustainability .
Scope Of The Report
Report Attributes
Report Details
Report Title
Slurry System Market Research Report
By Type
Slurry Storage, Slurry Mixing, Others
By Application
Road, Mining, Dredging, Other
By Companies
DEL Corporation, Midland Slurry Systems, Slurry Systems Pty. Ltd., Metso, Storth Machinery, Sodimate, MBE EWB Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Slurry System Market Report Segments:
The global Slurry System market is segmented on the basis of:
Types
Slurry Storage, Slurry Mixing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road, Mining, Dredging, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DEL Corporation
- Midland Slurry Systems
- Slurry Systems Pty. Ltd.
- Metso
- Storth Machinery
- Sodimate
- MBE EWB Ltd
Highlights of The Slurry System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Slurry Storage
- Slurry Mixing
- Others
- By Application:
- Road
- Mining
- Dredging
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Slurry System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A slurry system is a type of wastewater treatment plant that uses a liquid suspension to carry solids and other pollutants through the wastewater stream. The liquid mixture is then separated into its component parts, including water, solids, and pollutants.
Some of the key players operating in the slurry system market are DEL Corporation, Midland Slurry Systems, Slurry Systems Pty. Ltd., Metso, Storth Machinery, Sodimate, MBE EWB Ltd.
The slurry system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Slurry System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Slurry System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Slurry System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Slurry System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Slurry System Market Size & Forecast, 2018-2028 4.5.1 Slurry System Market Size and Y-o-Y Growth 4.5.2 Slurry System Market Absolute $ Opportunity
Chapter 5 Global Slurry System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Slurry System Market Size Forecast by Type
5.2.1 Slurry Storage
5.2.2 Slurry Mixing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Slurry System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Slurry System Market Size Forecast by Applications
6.2.1 Road
6.2.2 Mining
6.2.3 Dredging
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Slurry System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Slurry System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Slurry System Analysis and Forecast
9.1 Introduction
9.2 North America Slurry System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Slurry System Market Size Forecast by Type
9.6.1 Slurry Storage
9.6.2 Slurry Mixing
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Slurry System Market Size Forecast by Applications
9.10.1 Road
9.10.2 Mining
9.10.3 Dredging
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Slurry System Analysis and Forecast
10.1 Introduction
10.2 Europe Slurry System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Slurry System Market Size Forecast by Type
10.6.1 Slurry Storage
10.6.2 Slurry Mixing
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Slurry System Market Size Forecast by Applications
10.10.1 Road
10.10.2 Mining
10.10.3 Dredging
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Slurry System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Slurry System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Slurry System Market Size Forecast by Type
11.6.1 Slurry Storage
11.6.2 Slurry Mixing
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Slurry System Market Size Forecast by Applications
11.10.1 Road
11.10.2 Mining
11.10.3 Dredging
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Slurry System Analysis and Forecast
12.1 Introduction
12.2 Latin America Slurry System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Slurry System Market Size Forecast by Type
12.6.1 Slurry Storage
12.6.2 Slurry Mixing
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Slurry System Market Size Forecast by Applications
12.10.1 Road
12.10.2 Mining
12.10.3 Dredging
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Slurry System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Slurry System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Slurry System Market Size Forecast by Type
13.6.1 Slurry Storage
13.6.2 Slurry Mixing
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Slurry System Market Size Forecast by Applications
13.10.1 Road
13.10.2 Mining
13.10.3 Dredging
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Slurry System Market: Competitive Dashboard
14.2 Global Slurry System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DEL Corporation
14.3.2 Midland Slurry Systems
14.3.3 Slurry Systems Pty. Ltd.
14.3.4 Metso
14.3.5 Storth Machinery
14.3.6 Sodimate
14.3.7 MBE EWB Ltd