Thermal Hydrolysis Technology Market to Witness a Significant Growth Though 2027
The increase in industrial sewage sludge due to the
rapid industrialization across the globe is anticipated drive the global
thermal hydrolysis market over the coming years.
According to TechSci Research report on, “Thermal
Hydrolysis Technology Market - Global Industry Size, Share, Trends, Opportunity,
and Forecast, 2017-2027”,
the
global thermal hydrolysis technology market is anticipated to grow at a
formidable rate over the forecast period 2023-2027. Rapid urbanization
and industrialization have proliferated the quantity of wastewater generated
across the globe. A large amount of untreated sewage is dispersed directly into
the water bodies, which ruins the quality of water and cause damage to the
environment. As a result, the surging need to treat the sewage solid before
dumping it into water bodies is augmenting the demand for an efficient solution
such as thermal hydrolysis technology. Moreover, the industrial sludge
comprises a high concentration of heavy metals and chemicals, which, if not
treated properly, can impose a threat to the environment and human life. This,
along with the stringent regulations by the government of several nations,
efficient industrial and municipal waste management is supporting the market
growth. Besides, the thermal hydrolysis process exposes the sewage sludge to
high pressure and temperature, due to which the volatile solid in the sludge
gets transformed into biogas during mesophilic anaerobic digestion. This
process yields large amounts of biogas in comparison to conventional digestion
processes. The biogas produced is further utilized for producing steam required
for thermal hydrolysis and in several other operations that require high energy
to function. It can further be utilized in a gas engine with a generator to
generate green electricity. In addition, the biogas produced from the thermal
hydrolysis process can also be used as a sustainable substitute of natural gas
for vehicles after stripping carbon dioxide from it. All these aforementioned
benefits associated with the adoption of thermal hydrolysis technology are
anticipated to propel the global thermal hydrolysis market over the forecast
period.
Browse over XX market data Figures
spread through 110 Pages and an in-depth TOC on "Global Thermal Hydrolysis Technology Market"
The
global thermal hydrolysis technology market is segmented by type, end-user,
solution, competitive landscape, and regional distribution. Based on the type,
the market is differentiated between biothelys thermal hydrolysis and exelys
thermal hydrolysis.
By
end-user, the market is segmented into wastewater treatment, reduction of waste
by product, and production of biogas. Among these, the wastewater treatment
segment is anticipated to hold a significant market share in the coming years.
This is primarily because water and wastewater treatment is essential to meet
the surging demand for clean water resources and prevent environment
degradation. According to a report, almost 40 percent of the global population
is living under critical water stress. Moreover, with only 1 percent fresh
water available on the earth, governments of several nations are forced to
treat the wastewater before it flows back into the water bodies and can also
utilize it for municipal, agricultural, and critical industrial processes. As a
result, the wastewater treatment segment is projected to significantly add to
the demand for thermal hydrolysis technology.
Based
on the solution, the market is bifurcated into sewage sludge management and
organic waste management. Among these, the sewage sludge management segment is
anticipated to hold a considerable market share in the coming years. Sludge
refers to semi-solid waste obtained from industrial and municipal wastewater
treatment. Rapid urbanization and ongoing economic development have resulted in
the increased quantity of wastewater generated globally. Huge amounts of
untreated sewage with agricultural runoff and industrial discharge have
hampered the quality of water. Due to this, the rising environmental concerns
have led the government to impose stringent policies on treating the wastewater
before discharging it into the water bodies. However, with the increasing
population, the amount of municipal sludge or organic waste has increased over
time. As a result, the organic waste management segment is also anticipated to
grow at a rapid pace over the coming years.
A
list of major market players of the global thermal hydrolysis technology market
includes:
- Veolia Water Technologies
- Cambi ASA
- Eliquo Hydrok
- Bluewater Bio
- Lystek International
- Tomorrow Water (BKT)
Download
Sample Report
Customers
can also request for 10% free customization on this report.
“The
global thermal hydrolysis technology market is anticipated to grow at a rapid
pace in the upcoming years. Several leading manufacturers are introducing
innovative and sustainable methods of thermal hydrolysis to expand their
customer base. For instance, Veolia, a leader in thermal hydrolysis technology
has recently launched Package Exelys, a standard range of continuous thermal
hydrolysis units for small and medium sludge digestion plants. In the
continuous process, the reactor volume is used 100 percent of the time which is
why Exelys reactor can treat over three times the amount of sludge solids as
compared to a conventional sized batch reactor. On the geographical front,
Europe is anticipated to hold a prominent market share in the coming years. The
EU member states are increasingly investing in initiatives that are helping in
reducing industrial and municipal wastage and generating green energy.
Moreover, useful products generated from thermal hydrolysis such as biogas and
pathogen free fertilizers are widely adopted by the farmers across the Europe,
which is facilitating the market growth in the region.” said Mr. Karan Chechi,
Research Director, TechSci Research, a research based global management
consulting firm.
“Thermal Hydrolysis Technology
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
2017-2027, Segmented By Type (Biothelys Thermal
Hydrolysis, Exelys Thermal Hydrolysis), By End Use (Wastewater treatment,
Reduction of waste by product, Production of biogas), By Solution (Sewage
Sludge Management, Organic Waste Management), By Region” has
evaluated the future growth potential of global thermal hydrolysis technology
market and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in global thermal hydrolysis
technology market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web:
https://www.techsciresearch.com