Biosolids Market

Biosolids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2021-2031

Biosolids Market: Overview

The biosolids market is expected to observe considerable growth during the forecast period of 2021-2031. The growing awareness about the use of biosolids as an affordable alternative to bagged fertilizers will bring considerable growth for the global market.

Biosolids are organic matter recovered from a wastewater treatment process. It is prominently used as a soil conditioner or fertilizer. They contain high number of micronutrients such as calcium, magnesium, and others. They also contain numerous micronutrients required for plant growth. The conversion of wastewater in a usable resource has become the need of the hour due to the depletion of non-renewable energy sources. All these factors will help in increasing the growth rate of the biosolids market.

On the basis of type, the biosolids market can be segmented into Class A, Class A EQ (Exceptional Quality), and Class B. Biosolids are available in the form of liquid, cakes, and pellets. The overwhelming use of biosolids in fertilizers, forestry, construction materials, land reclamation, energy generation, etc. will bring immense growth prospects for the global market.

How is the Competitive Landscape of Biosolids Market?

The biosolids market is consolidated. A small chunk of well-established players hold a major growth-share of the overall biosolids market. The players invest major amounts in research and development activities. These activities help the players to develop new methods and formulations for making effective use of biosolids in various sectors. All these factors eventually bring good revenues for the biosolids market.

Strategic collaborations are important for the overall growth of the biosolids market. The players indulge in mergers, acquisitions, joint ventures, and partnerships to increase their influence across the biosolids market, ultimately contributing to the growth trajectory.

Some well-entrenched players in the biosolids market are Casella Organics, Alka-Tech, Wm. H. Reilly & Company, GeoEnvironmet Technologies, and Biodisk Corp.

What are Key Trends in Biosolids Market?

Extensive Use of Biosolids in Agriculture Sector to Add Value to Biosolids Market Growth Structure

The agriculture sector will attract considerable growth for the biosolids market during the forecast period. Biosolids contain essential nutrients and minerals that are beneficial for the soil. Unlike chemical fertilizers, they do not cause any harm to the environment. Thus, these factors help in propelling the growth of the biosolids market. South East Water, a water services company recently partnered with the researchers at RMIT University to deliver a novel wastewater management project that repurposes biosolids headed for landfill into reusable products for agricultural purposes. Such developments bode well for the growth of the biosolids market.

Growing Pressure on Government Bodies from Varied Regulatory Bodies to Eliminate Pollution through Introducing Stringent Regulations may Boost Growth Opportunities

Stringent norms are being enacted on the use of chemicals in fertilizers used in various plants. Some commercial fertilizers can prove to be harmful for the environment. Biosolids can emerge as a feasible alternative for such fertilizers. Hence, this factor will add value to the growth structure of the biosolids market.

Rising Research on Use of Biosolids in Construction Industry to Bring Considerable Growth

According to the UN Environment Program, Nearly 40% of the global energy-related emissions of carbon come from the construction industry. Thus, to prevent this aspect, the use of biosolids in the construction industry is being looked upon closely. Study on integrating biosolids in bricks is being studied for decreasing the pollution caused due to carbon emissions.

What are Regional Dimensions of Biosolids Market?

North America’s biosolids market is expected to hold the largest growth-share during the forecast period. The growing support for eco-friendly technologies and the required government support regarding use of biosolids will bring substantial growth prospects.


Copyright © Transparency Market Research, Inc. All Rights reserved