Thermal Hydrolysis Technology Market Major Players Analysis and Forecast Until 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)
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“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.
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