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360 Degree Perspective of the Environmental Industry and Review of Major Trends by 2020
Frost & Sullivan, June 2011, Pages: 60
This study covers the 360 degree perspective of the North American and global environmental and building technologies industry. In addition, an analysis of the competitive landscape, market trends, industry challenges, and emerging technologies are included.
The Interplay of Environmental Issues
- Achieving environmental security will depend upon a wide spectrum of issues coming together.
- Each in its own capacity must ensure that end practices are more accountable, and a measurable commitment to emission reduction is highlighted.
- Most importantly, they need to advocate a stop to further impact to the environment, through adherence of stringent performance procedures governing activities in their respective domains.
- Greater regulations on the national, municipal, and industrial fronts continue to drive activity in the environmental industry segments.
- Gaps in municipal infrastructure spending continue to exert influence on service delivery and project implementation.
- Concerns over mandatory reuse, recycling, and zero-liquid discharge continue to be the top-ofmind agenda of all industries dealing with questionable environmental footprints.
- Attention to water monitoring, resource monitoring, consolidation, and applying smart solutions for managing data and resources within the environmental segments emerge as major trends.
- Sustainable business practices and effective management of manufacturing processes are being implemented to incorporate occupational health and safety, urban repair, and social wellbeing.
- Corporate social responsibility (CSR) considerations are raising requirements for effective changes—from simply addressing the pollution problem of an enterprise or sector to adjusting the industrial structure, promoting clean production, and developing a circular economy.
- These factors are expected to intensify competition and eliminate low-end competitors that are not environmentally friendly.
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