The global Wedge Wire Screen market garnered USD 0.68 Billion in 2021 and is likely to exhibit a CAGR of 4% to be valued at USD 0.71 Billion in 2022. Owing to its high strength, rigidity and load carrying capacity, the demand for the wedge wire screen market is likely to witness elevation in the coming years.
The effective retention of filter medium is ensured by the uniform filter slots and high precision of wedge wire screen, thereby likely to augment the demand over the forecast period.
| Attributes | Details |
|---|---|
| Global Wedge Wire Screen Market CAGR (2022 to 2032) | 4% |
| Global Wedge Wire Screen Market Value (2022) | USD 0.71 Billion |
| Global Wedge Wire Screen Market Value (2032) | USD 1.05 Billion |
| Global Wedge Wire Screen Market Attraction | Burgeoning application in end-use industries like waste-water filtration, mineral and petrochemical is likely to drive the wedge wire screen market. |
Wedge wire screens are screens used for separation and filtration of liquid/gas, food, water wasting and mining materials. It is a sieve made from twisted wires, shaped into a bottomless wedge-shaped section. Different wedge wires are assembled into panels by creating cross roads of appropriate diameter across loops.
The whole structure is then compressed and made safe by installing ring nuts over the ends of the rod. Wedge Wire Screens are capable of separating solids from liquids and are commonly used for sizing, filtering, retaining media, de-watering, distribution and collection.
Wedge wire screens are mainly used in chemical, mining, gas & oil and paper industries. Wedge wire screens provide larger drainage area, thereby creating better flow of water and are comparatively strong & durable. They are usually manufactured from stainless steel and primarily used for separation, filtration and retention media in end-use sectors.
Wedge Wire Screens can be made in various different configurations and are available in cylindrical, flat or curved shapes. The wires can be located axially inside the cylinder. The dimension of the cylinders can vary from 1/2″ - 36″, depending on the needs of the individual customer. Customized wedge wire screens with large diameters can also be manufactured for individual needs.
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Increase in demand from end-user sectors, such as petrochemicals, food industries and water treatment, will drive the demand for wedge wire screens during the forecast period.
Moreover, wedge wire screens act as a perfect tool for drilling boreholes. These screens can handle all kinds of pressure and facilitate easy flow of liquids. Also, different industries have different requirements for panel screens.
Therefore, all of these factors will drive the demand for wedge wire screens during the forecast period.
Along with several functionalities in end-use industries, this segment tags along a few challenges as well. For instance, these filtration tools and equipment are dependent on the other market segments like mineral filtration, petrochemicals and food & beverage industry, thereby any shortcomings and downfall in these markets do affect the global sales.
Besides, the narrow designs of conventional wedges led to a rapidly increasing pressure drop over the screen basket and a corresponding increase in pumping energy required to counteract the restriction in screening capacity. These factors are likely to hamper the global market sales over the forecast period.
North America is likely to dominate the wedge wire screen market, capturing nearly 35% share in 2021. This market growth is attributed to the growing application in fruit processing and sewerage treatment, likely to drive the market in the forthcoming period.
Besides, highly developed agriculture in North America provides endless quality organic raw materials for organic fertilizer production, resulting in augmented growth in the fertilizers industry. Owing to its extensive application in fertilizer production, the demand for wedge wire screens is likely to increase in the upcoming years.
The production of cereal crops is snowballing in the region. According to the US Department of Agriculture, the United States has extended the farmlands to plant 94 million acres of corn and 85 million acres of soybeans, which will be subsequent in increased consumption of nitrogenous fertilizers in 2021, supporting the domestic crop production in the country.
Recently published report by Future Market Insights revealed that the Market for Wedge Wire Screen is projected to surpass USD 700 Million, following an annual growth of 4.1% during the forecast period.
The increasing proliferation of wedge wire screens in the mineral and photochemical industry is likely to boost the demand in the APAC region. The region is likely to exhibit the fastest growth rate in the upcoming years, backed by its stable filtration accuracy and can be reused repeatedly and work reliably in the end-use industries. Wedge wires give a substantial advantage in this industry with different wide filtering options.
Future Market Insights forecasts that the APAC wedge wire screen market is likely to expand to USD 400 Million by 2032 from USD 245 Million in 2021. The market is estimated to expand at a rate of 4.5% during the conjecture period.
Asia extracts an immense wealth of minerals, of which its mineral fuels-coal, petroleum, and natural gas are of greatest value. The largest Asian coal producers are China and Russia (Siberia), followed by India, Kazakhstan, North Korea, South Korea, and Japan. Rendering to this, the demand for filtration tools and equipment is burgeoning in the region.
Some of the key players in the Wedge Wire Screen market are AMACS, Ando Screen, ANDRITZ Euroslot, Aqseptence Group, Atlas Wedge Wire, B. Deo-Volente, Carbis Filtration, Concord Screen, Costacurta S.p.A., CP Screens, Gap Technology, HEIN, LEHMANN, Hendrick Screen Company, International Screen Supplies, Jagtap Engineering, Multotec, Optima International, Progress Eco, Steinhaus GmbH, TOYO SCREEN KOGYO CO, Trislot NV and Wedge Tech. Recent key developments among players include:
| Report Attributes | Details |
|---|---|
| Global Wedge Wire Screen Market Value (2022) | USD 0.71 Billion |
| Global Wedge Wire Screen Market Value (2032) | USD 1.05 Billion |
| Growth Rate | CAGR of 4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Type, Application, Region |
| Regions Covered | North America; Europe; Latin America; APAC; Middle East & Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | AMACS; Ando Screen; ANDRITZ Euroslot; Aqseptence Group; Atlas Wedge Wire; B. Deo-Volente ; Carbis Filtration; Concord Screen ; Costacurta S.p.A.; CP Screens ; Gap Technology; HEIN ; LEHMANN; Hendrick Screen Company; International Screen Supplies; Jagtap Engineering ; Multotec ; Optima International; Progress Eco, Steinhaus GmbH; TOYO SCREEN KOGYO CO; Trislot NV and Wedge Tech.; Others |
| Customization | Available Upon Request |
The global Wedge Wire Screen market is estimated to grow at a CAGR of 4% from 2022 to 2032.
The global Wedge Wire Screen market is predicted to procure USD 1.05 Billion from 2022 to 2032.
The North American market is expected to garner USD 700 Million while expanding at an 4.1% CAGR from 2022 to 2032
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Wedge Wire Screen Market
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