Market Size of Biosolids Industry
Study Period | 2019 - 2029 |
Market Volume (2024) | 33.12 Million tons |
Market Volume (2029) | 39.82 Million tons |
CAGR (2024 - 2029) | > 3.50 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Biosolids Market Analysis
The Biosolids Market size is estimated at 33.12 Million tons in 2024, and is expected to reach 39.82 Million tons by 2029, growing at a CAGR of greater than 3.5% during the forecast period (2024-2029).
The COVID-19 pandemic negatively affected the biosolids market in 2020. However, the growing demand for biosolids on agricultural land has fueled overall industry growth since the pandemic.
- One of the main things driving the market that was looked at is the need to replace dangerous chemical fertilizers and strict emission laws in many countries around the world.
- On the other hand, contradictory information about biosolids that is available to the public is expected to slow the growth of the market studied.
- The rising focus on sludge treatment in the Asia-Pacific, mainly in China and India, is anticipated to offer new avenues for industry growth shortly.
- North America dominated the biosolids market due to government and public support for environmental-friendly technologies.