Global Biosolids Market is Poised to Reach the Valuation of US$1.9 Bn by the End of 2025
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European Commission Closely Monitors Landfill Incineration and Mandates Adherence
A key factor driving the global biosolids market is the strict guidelines imposed by various regulatory bodies concerning landfills, wastewater, waste, and sewage disposal. The U.S. and the EU play a particularly prominent role in monitoring the incineration of landfills and ensuring all mandates are adhered to. The European Commission and several European countries encourage the use of biosolids for waste disposal. Experts state that 35 million tons of biosolids were produced in 2018 alone, proving beyond doubt the immense potential of the global biosolids market.
Focus on APAC for Long-Term Prosperity in the Global Biosolids Market
Developed countries with their advanced recycling technologies are currently ahead with Europe alone comprising a quarter of the global biosolids market. The U.S. leads the way in North America and it consumes the vast majority of biosolids there. Nonetheless, it would be unwise to ignore China and India as they are investing large sums in sludge management for safer treatment and disposal practices. China is on track to surge ahead of North America as the Asian giant has made environmental protection and sustainable development a topmost priority going forward.
Global Biosolids Market Moving Away from Class B Biosolids
The three main types of biosolids in the global biosolids market are Class A, Class B, and Class A (EQ). Class A biosolids can be safely used where human contact is likely as they meet the standards issued by authorities such as the Environmental Protection Agency. Conversely, Class B is primarily deployed in land reclamation or agricultural activity. Customers have slowly but steadily shifted towards Class A and Class A (EQ) biosolids in the global biosolids market as bad odor and pathogens are characteristic undesirable traits of Class B biosolids.
Agriculture Comprises Lion’s Share of the Global Biosolids Market
In 2018, agriculture dominated the global biosolids market with a share of more than 60%. On account of containing both macro and micronutrients, biosolids find widespread application as soil conditioners and fertilizers. They can even be used to great effect in land reclamation, heat generation, forestry, and landscaping.
Global Biosolids Market Press Release : https://www.fairfieldmarketresearch.com/global-biosolids-market-poised-to-register-4-7-cagr-by-2025-as-world-harnesses-nutrition-from-sewage-water/
High CAPEX Costs Could Pose Challenge in Global Biosolids Market
In the recent past, customers have been increasingly vocal about their opposition to malodor from biosolids. Regulatory authorities such as the EPA are working hard to convince the public of different biosolid programs. Another challenge to be addressed is the safe and effective management of biosolids. Biosolids will always be a byproduct of modern-day sanitation and cannot be eliminated. Furthermore, the massive costs involved in transporting and raising CAPEX for new plants are predicted to stifle growth in the global biosolids market.
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Constant Innovation Table Stakes in the Global Biosolids Market
Prominent players in the global biosolids market are SUEZ, Thames Water, Cleanaway, and Veolia. These companies offer end-to-end solutions and are continuously innovating and forming joint ventures with fertilizer manufacturers to expand the overall global biosolids market. In 2019, Aries Clean Energy was granted authorization for its biosolid gasification plant – a global first. The plant is anticipated to convert waste into biochar and renewables. American companies such as Mannco are looking at producing energy-efficient, low-cost, albeit exceptional quality biosolids, boding well for the long-term future of the global biosolids market.
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