The latest research study “Biosolids Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global biosolids market size reached US$ 1.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.06 Billion by 2027 exhibiting a CAGR of 5.22% during 2022-2027.
What is a Biosolids Market?
Biosolids refer to organic matter recycled from wastewater sludge and utilized as a soil fertilizer and conditioner to improve and maintain ground productivity and stimulate plant growth. They comprise macronutrients, such as phosphorus, potassium, nitrogen, and sulfur, and micronutrients, including zinc, calcium, magnesium, iron, copper, boron, molybdenum, and manganese.
In addition, biosolids can be categorized into cakes, pellets, and liquids. These materials find widespread applications in agricultural, non-agricultural, heat generation, incineration, and gasification activities across the global.
Covid-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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What are the major market drivers in the Biosolids Market:
The escalating food security concerns, the declining arable land, and the rising awareness toward the harmful effects of chemical-based fertilizers are among the primary factors driving the biosolids market.
Besides this, the growing popularity of organic farming practices, involving the chemical-free production of crops and seeds and the extensive utilization of these substances, are further augmenting the market growth.
Moreover, the increasing demand for water treatment facilities, owing to the high industrial waste polluting fresh water, is also catalyzing the global market.
Apart from this, the emerging trend of self-gardening, on account of the improving lifestyles and the elevating requirement for maintaining the aesthetics of outdoor spaces, is acting as another significant growth-inducing factor.
Additionally, the expanding number of parks, gardens, and golf courses in public and commercial areas is also stimulating the market growth. Furthermore, the inflating number of investments by the leading players in research and development (R&D) activities to innovate the existing solutions and the rising need for natural products are expected to bolster the biosolids market in the coming years.
| Biosolids Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2021 | US$ 1.51 Billion |
| Market forecast in 2027 | US$ 2.06 Billion |
| Growth Rate | CAGR of 5.22% from 2022 to 2027 |
| Base year for estimation | 2021 |
| Historical data | 2016-2021 |
| Forecast period | 2022-2027 |
| Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments covered | Product Type, Form And Application |
| Regional scope | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Key companies profiled | BCR Environmental, Burch Hydro Inc, Cambi ASA, Casella Waste Systems Inc., Cleanaway Waste Management Limited, EnGlobe Corp., Lystek International, Merrell Bros. Inc., Recyc Systems Inc., Remondis SE & Co. KG (Rethmann SE & Co. KG), SYLVIS, Synagro Technologies and Walker Industries. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
The report has been segmented the market into Product Type, Operating , Construction, End Usre & Geographical categories:
Breakup by Product Type:
- Dry Barrel
- Wet Barrel
Breakup by Operating Type:
- Conventional
- Smart
Breakup by Construction:
- Underground
- Above Ground
Breakup by End User:
- Commercial
- Industrial
Based on the end-use sector, the report finds that the Agriculture sector dominates the market. There are many ongoing development projects undertaken by various nations, which require a continuous flow of electricity. Owing to this, there is a rising demand for power inverters in this sector.
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of
Competitive Landscape
The major players in the market are
BCR Environmental
Burch Hydro Inc
Cambi ASA, Casella Waste Systems Inc.
Cleanaway Waste Management Limited
EnGlobe Corp., Lystek International
Merrell Bros. Inc.
Recyc Systems Inc.
Remondis SE & Co. KG (Rethmann SE & Co. KG)
SYLVIS, Synagro Technologies
and Walker Industries.
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