The size of the biosolids market was estimated to be USD 1.6 billion in 2022 and is projected to grow at a CAGR of 4.6% to reach USD 2.7 billion by 2033.
Biosolids, commonly known as sewage sludge mainly work as fertilizers. These fertilizers contains various nutrients such as nitrogen, potassium, phosphorous etc. Biosolids are basically used to improve the plant growth and to maintain productivity of soils. The global biosolids market is segmented by class, application and form for better analysis. Nowadays, Rapid urbanization and industrial development has resulted in high clean water demand. Hence, there is a growing need for waste water treatment.
Biosolids market has significant application in recovering mining sites to help restore the land that was subjected to mining activities for achieving coal. Importance of energy generation with the help of coal is likely to lead product utilization for restoring mining sites. This is one of the most important biosolids market trends anticipated to dominate this market even in the future.
North America is one of the fastest growing biosolids market because of their rapid growth in agriculture. The USA acquires the name Biosolids to identify high quality sewage from the low sewage. The beneficial use of Biosolids will significantly increase with the growth of the market over the next years.
Biosolids Market Scope
|Revenue forecast in 2033
|USD 2.7 billion
|CAGR of 4.6 % during 2023-2033
|Application, Types, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
Key segments of Global Biosolids Market include:
- Application Segment
- Agriculture land application
- Forest crops
Agriculture land application contributes to be the largest share in Biosolids field during forecast year and is likely to occupy xx% of overall market revenue by 2025.
Fertilizers and Soil conditioner are two key applications of biosolids market in land applications. They
- Class segment
- Class A
- Class B
- Form Segment
Key Players of Global Biosolids Market include:
- Beijing Enterprises Water
- Sound Global
- Severn Trent
- Thames water
Regional Analysis of Global Biosolids Market include:
- Latin America (Mexico, Brazil, Peru, Chile, and other)
- North America (Canada and U.S)
- Western Europe (Germany, France, Spain, Italy, U.K, Belgium and other)
- Eastern Europe (Poland and Russia)
- Asia Pacific
- Middle East and Africa
North America will continue to contribute the largest revenue share in the global biosolids market during forecast year and it is likely to occupy xx% of overall market revenue by 2025. The increasing growth of biosolids market comes from the US, which is one of the largest biosolids producing region all across the globe.