Environmental Remediation Market Size, Share Global Analysis Report, 2019 - 2026

Industry Insights

According to the report published by Facts & Factors, the global Environmental Remediation market size was worth around USD 98.5 billion in 2019 and is predicted to grow around USD 164 billion by 2026 with a compound annual growth rate (CAGR) of roughly 7.5% between 2020 and 2026. The report analyzes the global Environmental Remediation market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Environmental Remediation market.

Our analysts have included industry analysis models and extensively demonstrated the key business strategies and competitive landscape of the Environmental Remediation Market in the report.

The report encompasses the forecast as well as an analysis of the Environmental Remediation Market on a global and regional level. The study displays historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). Additionally, the market growth drivers, opportunities, limitations, and trends are described comprehensively in the Environmental Remediation Market report.

Key Insights from Primary Research

• Experts suggest the triggering growth factor for the market will be rapid industrialization and growing population, particularly in the urban areas.
• As per our primary respondents, the demand for remediation technology is maximum in North America and which is anticipated to increase in the coming several years.
• The primary experts stated that the “oil & gas” category of the application segment holds almost one-fourth share of the global environmental remediation market.
• The “groundwater” category under the environmental segment captures the major share in the global market, while the “soil” category is anticipated to grow at a relatively faster rate of around 8%.
• The contribution of the automotive sector in bolstering the global demand for environmental technologies is least.

Key Recommendations from Analysts

• Our analysts suggest clients establish the environmental remediation business, particularly in urban industrial areas, owing to the increasing demand and high worth for offering the services.
• North America environmental remediation market generates almost one-third of the total revenue generated at the global level owing to the well-established industrial areas and stringent laws imposed by some of the states in the U.S.
• Developing countries in the Middle East & Africa, Latin America, and the Asia Pacific significantly impedes the global environmental remediation market growth owing to the much lower adoption rates and/or awareness levels.
• Analysts have indicated that the global environmental Remediation market is likely to surge at a CAGR of around 7.5% and will attain a valuation of around 164 billion by 2026.
• The rising demand for environmental remediation services adjacently raises the need for improved technology for efficient and quick cleaning.

Global Environmental Remediation Market Attractiveness in 2018 – By Region

The market research also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies employed by market competitors. It also encompasses SWOT analysis and PESTLE analysis.

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Environmental Remediation Market. Moreover, the study offers wide coverage of key strategic improvements witness in the market such as acquisitions & mergers, new product and service launches, collaborations, R&D activities, and global expansion of key players of the global Environmental Remediation Market.

Environmental remediation is a sort of environmental services that are dedicated to combating growing environmental pollution issues by preventing the groundwater and soil from different contaminants, and in this case, the contaminants are ionizing radiation-emitting sources. Wastewater, solid waste, and aerosols are treated through several environmental remediation technologies.

However, the considerable utilization of the technologies is in extracting the gases released while refining and production of oil and petroleum products.

Report Scope

The global environmental remediation market is segmented in terms of Environmental Medium by Groundwater, Soil, and Others. By Application, the market is categorized into Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others.

Some of the dominating players driving the global environmental remediation market are:

• Entact LLC
• Golder Associates Corporation
• Environmental Marine Engineering NV
• GEO Inc.
• Dredging International
• Environmental Remediation Resources Pty Ltd.
• Brisea Group Inc.
• Newterra Ltd.
• Clean Harbors Inc.
• Terra Systems Inc.
•  among others

The global environmental remediation market is segmented as:

By Environmental Medium

• Groundwater
• Soil
• Others

By Application

• Agriculture
• Construction and Land Development
• Mining and Forestry
• Automotive
• Chemical Production/Processing
• Oil and Gas
• Industrial
• Others

By Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis about the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis of its impact on market growth.