DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/jxvl3n/global_biosolids) has announced the addition of the "Global Biosolids Market Segmented by Application, Form and Geography Trends and Forecasts (2015-2020)" report to their offering.
The global biosolids market is estimated to reach a total market value of $174.98 million by the end of 2020 from $133.60 million in 2014, a projected compound annual growth rate (CAGR) of 4.60% for the forecast period.
These treated sludge or biosolids have a wide range of application. Agriculture is the dominant application area of biosolids, accounting for 60% of the market as of 2014, followed by non-agriculture land application (20%) and energy recovery (20%). Crop fertilizer is the major application of biosolids in agriculture, while reclaiming mining sites is most commonly observed in non-agricultural application.
Heat generation is the major application in energy production using biosolids as fuel; accounting for 88% of the energy production usage in 2014. Commercial usage was worth $5.34 million as of 2014.
Even though applications of biosolids are growing across all regions, the U.S. continues to be the major market for this segment and accounted for 35.83% of the global biosolids market in 2014. Mexico and China will witness fastest growth in North America and Asia Pacific regions respectively, with a compound annual growth rate (CAGR) values of 12.52% and 11.15% for the forecast period.
Technological advancements have been limited in biosolids. High capital expenditure and high operating costs have been a hurdle for the biosolids treatment market growth despite its benefits and applications across the sectors. The market is expected to witness moderate growth over the forecast period due to 1) lack of new developments and 2) required push from different governments across the developing countries. Commercial uses are limited and high competition in commercial fertilizer market is further hindering the growth of biosolids market.
Key Topics Covered:
2. Executive Summary
3. Biosolids Market
4. Biosolids Processing
5. Market Dynamics
6. Market Segmentation and Analysis
7. Regional Market Analysis (Market size, growth and forecast)
8. Biosolids Management Practice
9. Standards and guidelines applying to biosolids
11. Competitive Landscape
12. Company Profiles (Overview, Products & Services, Financials, Recent Developments)
- ARCADIS NV
- BCR Environmental
- Biocore Environmental Limited
- BIODISK Corporation
- Biosolids Management Group Inc.
- Burch BiowaveBurch Hydro Inc.
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