Zero Valent Iron Market Segmentation:
Type Segment Analysis
The global zero-valent iron market is segmented and analyzed for demand and supply by type into granular, bimetallic, nano-scale, combined products, and others. Out of these, the granular segment is anticipated to hold the largest market share by the end of 2035. To remove pollutants from groundwater, soils, and sediments, mainly metals and other pesticides, zero-valent iron is employed as a reductant in granular form. Additionally, it is predicted that the segment would develop owing to the global rise in detrimental impacts on soil and crops as a result of contaminated water. Cropping intensity is expected to decrease by 20% overall and by roughly 70% in areas with low groundwater levels based on current rates of groundwater depletion. In 2020, more than 9.5 million people were influenced and fell ill owing to contaminated groundwater in the Asia Pacific region.
Application Segment Analysis
The global zero-valent iron market is segmented and analyzed for demand and supply by application into groundwater remediation, soil remediation, industrial reducing agent, and others. The soil remediation segment is anticipated to hold the largest market share by the end of 2035. The market is driven by increasing demand for effective and sustainable remediation solutions. The use of zero-valent iron for soil remediation is based on its ability to react with various contaminants such as heavy metals, organic compounds, and even some types of radioactive waste. When zero-valent iron comes into contact with these contaminants, it degrades into less hazardous substances or is completely removed from the soil.
Our in-depth analysis of the global market includes the following segments:
|
By Application |
|
|
By Type |
|
