Global Biosolids Market - Segmented by Type, Application, Form and Geography - Growth, Trends and Forecast (2018 - 2023)
The biosolids market is expected to grow at a moderate rate during the forecast period (2018 - 2023). Biosolids are nutrient-rich organic materials resulting from the treatment of domestic sewage in a treatment facility. When treated and processed, these residuals can be recycled and used as fertilizer to improve and maintain productive soils and to stimulate plant growth. North America is estimated to lead the market owing to its rapid growth in the agricultural sector.
Soaring Demand in Agricultural Sector
Biosolids are being increasingly used for agricultural processes. Biosolids have long been used as fertilizers or soil conditioners. They help in the reduction of fertilizer costs and provide many micronutrients for crop growth. Scientists and farmers are looking for new technologies to increase the productivity of crops in order to meet the disproportionately rise in food demand due to population growth. An increasing world population is expected to give a rise to the increasing need for agricultural produce, which may impact the use of biosolids in the sector.
Biosolids are also used as fertilizer for animal crop production. Big enterprises and large-scale farmers are increasingly making their presence felt in cattle farming and meat products. They are augmenting the demand for animal crop production, which is providing impetus to the application of biosolids as fertilizers for animal crop production. This has led to an increase in the demand for biosolids in the agricultural land applications
As more wastewater plants are becoming capable of producing high-quality biosolids, there is an even greater opportunity to make use of this valuable resource to improve soil fertility and increase crop yield.
North America to Lead the Market
The United States market for biosolids has reached maturity and is the leading country in the world for biosolids. The US EPA adopted the name “biosolids” to differentiate high-quality treated sewage sludge from the raw sewage sludge and from sewage sludge containing large amounts of pollutants. Regulations that ensure the safe and responsible management of sludge have been in effect since the 1970s. The government and public support for environment-friendly technologies is one of the factors driving the biosolids market in the country.
Key Developments in the Market
Dec 2017: Walker Environmental and IGRS Partner with large industrial emitters to reduce greenhouse gases. Supporting the efforts of large industries in their quest to reduce their greenhouse gas emissions is an important part of the government’s Climate Change Action Plan.
Major Players: Biodisk Corporation, Cambi AS, Casella Organics, Walker Industries Inc., and Synagro, among others.
Reasons to Purchase this Report
To understand the impact of end-user applications on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To identify the countries that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
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