The Global Market for Environmental Remediation Technologies was valued at USD 88.4 Billion in 2023 and is expected to reach USD 124.6 Billion in 2028, rising at a CAGR of 7.10%.
Environmental remediation eliminates toxins or contamination from different ecological media such as soil, groundwater, silt, surface water and air. It is important to eliminate poisonous and waste materials to preserve human health. Environmental remediation technologies differ from treatment technologies in that they remove contaminants that have already entered the environment, while treatment technologies apply technology or processes to the affected media (water or soil) to clean it before its return to the environment. Within this global context, the report discusses specific growth drivers and the challenges related to the evolution of the remediation technologies market. Many advanced technologies applied to the remediation of polluted destinations are innovative frameworks or cycles as opposed to a solitary piece of equipment.
The study provides a technical overview of the environmental remediation technologies on the basis of soil, ground water and air. The market has been studied based on different applications. The updated version includes the study of the industrial segment in detailed forms, such as oil and gas, mining and forestry, manufacturing industry, landfill/land development, chemical production/processing, agricultural applications, automotive and other applications.
The market size and estimations are provided in terms of value ($ millions), with 2022 serving as the base year and market forecasts given for the period 2023 to 2028. Regional-level market sizes, with respect to source material and application, are also provided.
Report Includes
- 13 data tables and 64 additional tables
- Overview of the current and future global markets for environmental remediation technologies.
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028.
- Estimate of the actual market size and revenue forecast, and corresponding market share analysis by technology type, application, environmental medium and region.
- Facts and figures pertaining to the market dynamics, emerging applications, technological advances, regulatory frameworks, innovations in remediation and future prospects.
- Analysis of market growth opportunities with a holistic review of Porter’s Five Forces and PESTLE analyses, taking into consideration the prevailing micro
- and macroeconomic factors.
- Discussion of sustainability trends and factors in the market for ecological remediation, with emphasis on consumer attitudes, companies’ ESG scores, the future of ESG, case studies and the ESG practices followed by leading companies.
- Overview of the technologies and emerging developments for applications of remediation techniques, and an analysis of new and existing patents on environmental remediation.
- Analysis of the vendor landscape, including company market shares, financials, M&A deals and venture fundings.
- Company profiles of major players within the industry, including Clean Harbors Inc., DEME, HDR Inc., and Newterra Ltd.
Table of Contents
Executive Summary
Environmental remediation is classified by the source material, e.g., water, soil and air. Water remediation includes both groundwater and surface water. Soil remediation comprises dirt, earth and dregs. Air remediation refers to the cleaning of contaminated barometrical air. It contains ex-situ and in-situ techniques as remediation methods. These advances have applications in cleaning wastewater, aerosols and strong waste caused by the production of oil and gas. Expanding interest in guidelines to preserve human health affected by contaminated groundwater, soil and air is driving the environmental remediation market.
Market development should continue over the forecast period partly due to increasing public awareness about the need for remediation practices to ensure human health. Additionally, metropolitan renewal and industrial relocations may require the testing and remediation of debased locales before redevelopment.
Reasons for Doing This Study:
Environmental pollution remains an issue of global concern. This report aims to explore the causes of soil, water and air pollution and the remedial actions for addressing these problems. The report also provides detailed insight into current and emerging remedial technologies.
This updated study describes the global environmental remediation technologies market and includes a sustainability study of the industry in the form of ESG analysis, a section related to the study of emerging technologies, patent analysis and development and mergers and acquisitions.
Companies Mentioned
- Brisea Group Inc.
- Clean Harbors Inc.
- Deme
- Geo Remediation Company Inc.
- Haemers Technologies
- HDR Inc.
- Newterra Ltd.
- Redox Technology
- Regenesis
- Sequoia Environmental Remediation Inc.
- Terra Systems Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 128 |
| Published | February 2024 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 88.4 Billion |
| Forecasted Market Value ( USD | $ 124.6 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
