IMARC Group has recently released a new research study “Biosolids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects of the Biosolids Industry?
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 growth rate (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.
Who Are The Major Key Players in Biosolids Market?
- 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.
Report Segmentation:
The report has been segmented the market into following 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
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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