Latin America Biosolids Market By Form (cake, Liquid And Pellets), By Class (class A, Class A - EQ, And Class B), By Application (agricultural Land Application, Non-agricultural Land Application, And Energy Production) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)
Latin America Biosolids Market is worth USD xx million in 2016 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2021. The Latin America Biosolids market is developing at an exceptionally quick pace.
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Biosolids are treated sewage sludge which are intended to be used as soil conditioner. These are considered as organic solids which are derived from the sewage treatment processes.
They are rich in minerals and nutrients, and are used in a various sectors, ranging from agriculture to energy production. Mostly they are used as a natural fertilizer.
Biosolids have major application in the sector of agriculture, energy recovery, mine reclamation, water treatment and crop fertilizer.
The significant driver is the stringent government emission laws which force chemical plants and factories to treat wastewater (sludge) to an acceptable level. Biosolids are a good alternatives to chemical fertilizers, hence use of biosolids as fertilizers is driving the market.
However limited advancements in technology and huge capital cost are proving to be a barrier in the Biosolids market.
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The Latin America Biosolids market is segmented on the basis of form, class, application and region. Based on form the market is segmented into cake, liquid and pellets.
Cake segment has a major share in Biosolids market in 2017. Based on class the market is segmented into Class A, Class A-EQ and Class B.
Class B is expected to have highest growth rate and largest market share. Based on application the market is segmented into agricultural land application, non-agriculture land application and energy production.
Agricultural land Application had the largest market share.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The market is anticipated to keep thriving in this region.The huge rise in spending has increased the demand for this industry.
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Synagro, GeoEnvironment Technologies, Casella Organics, BIODISK Corporation, and Wm. H. Reilly & Company, are the leaders in the Latin America Biosolids market.
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