About Biosolids
Biosolids are derived from wastewater sludges, and being increasingly used for agriculture processes. It helps in the reduction of fertilizer costs and provides 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 provide a lucrative opportunity for the use of biosolids. According to AMA, the Global Biosolids market is expected to see a growth rate of 3.8% by 2027
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.1% |
The biosolids market is disintegrated in nature. Vital players contributed around1/3 of the overall request value in 2020. Players spend a significant quantum of plutocrat on exploration & development. These enterprises aid in the development of innovative ways and phrasings for the successful use of biosolids in different diligence. and Merrell Bros, Inc. an Indiana- grounded biosolids company, has entered into a definitive manufacturing and service agreement performing from the preliminarily announced memorandum of understanding inked in April 2021. Analyst at AMA Research estimates that Canadian Manufacturers will contribute the maximum growth to Global Biosolids market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Casella Waste Systems Inc. (United States), Alka-Tech (United States), Biodisk Corporation (Canada), Parker Ag Services, LLC (United States), Terratec Environmental Ltd. (Canada), Walker Industries Inc. (Canada), Recyc Systems Inc. (United States), New England Fertilizer Company (United States), Englobe (Canada) and Merrell Bros. Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Lystek International Inc. (Canada), Noram Engineering and Constructors Ltd. (Canada) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Biosolids market by Type (Class A, Class A EQ (Exceptional Quality) and Class B), Application (Agricultural Land, Non-Agricultural Land and Energy Recovery - Energy Production) and Region.
On the basis of geography, the market of Biosolids has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Form Type, the sub-segment i.e. Cakes will boost the Biosolids market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Adoption of Eco-Friendly Way to Replacing Hazardous Chemical Fertilizers
Market Growth Drivers:
Rise in Agricultural Activities Across the World and Increasing Promotion by Government Agencies Worldwide
Challenges:
Lack of Awareness about Biosolids in Developing Economies
Restraints:
Low Adoption Rate of Biosolids Across the Globe
Opportunities:
Implementation of Stringent Government Emission Laws and Growth in Organic Food Industry
Market Leaders and their expansionary development strategies
In November 2023, Baltimore-based biosolids company Synagro acquired Massachusetts-based New England Fertilizer Co., the buyer announced. The deal expands Synagro’s processing capabilities at thermal drying facilities and is among the largest in a string of acquisitions the company has made in recent years.
In August 2023, General Atomics Electromagnetic Systems (GA-EMS), San Diego, says its industrial supercritical water oxidation (iSCWO) system successfully destroyed per-and polyfluoroalkyl substances (PFAS) in biosolids waste from samples provided by two Southern California waste management facilities.
The Clean Water Act (CWA) of 1972 (the Law or Statute), as amended, has been the primary Federal Law in the U.S. governing water pollution and has been central to our country’s endeavors to improve the quality of the environment.
Key Target Audience
Biosolids Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.