As per a recent study, demand of Zero Valent Iron (ZVI) is estimated to grow with a growth rate of 5.0% to 6.0% during the coming forecast period of 2021 to 2031. This is a special kind of zero valent metal applied as a reductant for sequestering several types of contaminants from soil and groundwater. Variation of chemical properties and physical properties for different forms of ZVI results in its various applications and efficiency.
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What are the Driving Factors for Zero Valent Iron?
Growing contaminants in ground water increasing water pollution impacting ecology and human health as well. This is due to increase of industrial waste disposal, domestic waste disposals and many others in landfills and in open spaces in several countries. Spillage of hazards such as, organic compounds, heavy metals, pathogens, etc. from these waste are impacting the environment to a significant extent.
From this soil, groundwater, and other water bodies are getting contaminated. Zero valent metals are being used to decontaminate these hazardous and toxic substances from soil, ground water and from waste water. Zero valent iron is expected to remain a key metal for soil and groundwater remediation over the forecast period.
Rising demand for groundwater and soil remediation, waste water treatment, is boosting the consumption rate for the product. Further increase in soil contaminants owing to rising landfills and waste disposals are anticipated to boost the demand in the coming years.
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Who are the Key Manufacturers and Suppliers of Zero Valent Iron?
Some of the key manufacturers and suppliers of
American Elements
GMA Industries
NANOIRON s.r.o.
Hongwu International Group Ltd.
RemQuest
SAGWELL
Reade International Corp.
Peerless Metal Powder & Abrasives Company
Redox Tech LLC
CERES Corporation
Envirotecnics
Geo-Cleanse International Inc.
Many others.
Key market participants are maximizing their utilization rate to meet the increasing demand from the end use industries. Key players are also focusing on providing services for groundwater treatment and soil remediation to increase their preference order which is expected to benefit the company to increase their annual turnover.
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Key Segments
By Form
Granular
Bimetallic
Nano-scale
Combined products
Others
By Application
Ground water remediation
Soil remediation
Others
By End use sector
Industrial
Commercial
Environmental
By Region
North America
U.S.
Canada
Latin America
Mexico
Brazil
Rest of Latin America
Europe
Germany
Italy
France
U.K
Spain
BENELUX
Russia
Rest of Europe
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