What is 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 |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | 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), Merrell Bros. Inc. (United States), Lystek International Inc. (Canada) and Noram Engineering and Constructors Ltd. (Canada) |
CAGR | 4.1% |
The study covers a detailed analysis segmented by key business segments i.e. by type (Class A, Class A EQ (Exceptional Quality) and Class B) , by application (Agricultural Land, Non-Agricultural Land and Energy Recovery - Energy Production) and major geographies. Research Analyst at AMA predicts that Canadian Manufacturers will contribute to the maximum growth of Global Biosolids market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Biosolids market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are 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), Merrell Bros. Inc. (United States), Lystek International Inc. (Canada) and Noram Engineering and Constructors Ltd. (Canada).
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.
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.
Biosolids Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rise in Agricultural Activities Across the World
- Increasing Promotion by Government Agencies Worldwide
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Major Trends | - Rapid Adoption of Eco-Friendly Way to Replacing Hazardous Chemical Fertilizers
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Restraints | - Low Adoption Rate of Biosolids Across the Globe
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Road Blocks / Challenges | - Lack of Awareness about Biosolids in Developing Economies
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Gaps & Opportunities | - Implementation of Stringent Government Emission Laws
- Growth in Organic Food Industry
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Key highlights of the Global Biosolids market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Biosolids market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Biosolids market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Biosolids Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Biosolids market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Biosolids market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Biosolids Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.