Latin America Biosolids Market shows promising growth in the forecast period (2017-2022)
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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Market data tables and in-depth TOC of the Latin America Biosolids Market to 2021
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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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