LONDON, April 27, 2021 /PRNewswire/ — The global biosolids market has garnered tremendous interest in recent times as the world looks at wastewater differently amidst growing water scarcity. According to Fairfield Market Research, the global biosolids market is estimated to be worth US$1.9 Bn by the end of 2025 as compared to US$1.4 Bn in 2018. The market is poised to register a CAGR of 4.7% between the forecast years of 2021 and 2025 as players invest in harnessing the true potential of wastewater for commercial and non-commercial purposes.
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Higher Benefits of Biosolids to Agriculture over Chemical Fertilizers Creates Demand
The growing efforts to turn sewage wastewater into a beneficial resource has given the global biosolids market nonstop momentum. Biosolids are derived from sewage sludge and as organic materials, high on nutrients, they are ideal for several domestic and industrial uses. Excellent use of biosolids can be seen in agriculture and gardening as these are substitutes for chemical fertilizers. Rich in minerals and nutrients, the demand for biosolids will be strongly felt in agricultural activities as crop fertilizers.
A pressing need to maximise yield from reducing arable lands is expected to shift focus towards the use of biosolids in agricultural activities. Biosolids contain phosphorus, which is…