Global $82 Bn Environmental Remediation Technologies Market, 2022

The Global Market for Environmental Remediation Technologies is Estimated to Reach Nearly $82.7 Billion in 2022 from $67.8 Billion in 2017 at a CAGR of 4.0%

Report Includes

This report examines the global markets for technologies used in the remediation of environmental contamination. In the scope of this report, natural resources affected by environmental contamination include surface water, groundwater and soils (to include soil vapors). Markets are examined in greater detail in later sections of the report that discuss markets from a regional perspective and from the perspective of remediation technologies' applications to sites associated with certain industries.

The technologies considered to form the core market for remediation technologies are those that are included in the Remediation Technologies section of this report. Any technologies that are not included in the aforementioned section are not included in the market quantification, unless otherwise specifically stated. Also, not included within the scope of this report or in the market size and growth estimates are technologies for cleaning/remediation of contaminated air and any technologies that are applicable solely for treatment (such as wastewater treatment) and not for remediation; however, technologies that can be dually applied and have seen significant use for remediation purposes are included.

Any services or equipment that do not directly support the furtherance of a site remediation project or those that require only general knowledge such that most companies in the economy could provide them equally well have not been included in the market estimations. Direct equipment, materials, reagents, and sales and rentals of remediation technologies have been included as well as the professional services required to assess a contaminated site; to develop a remediation plan for the specific site; and to implement, install or continuously operate the remediation equipment over a defined space and time. Included in total dollar figures for market estimates are direct costs for design, fabrication and assembly of remediation equipment; costs for materials and chemicals such as surfactants and cosolvents that are used in many remediation methods (electrokinetic remediation, for example); and costs for on-site professional services in assessment and remediation project design and ongoing monitoring of remediation projects.

Many of the technologies applied to remediation of contaminated sites are in fact technological systems or processes (many of which hold patents in various jurisdictions) rather than a single piece of equipment. As such, when considering technological processes, the entire value of the process has been considered. It is also important to note that a large number of remediation technologies use a significant portion of standard equipment such as off-the-shelf pumps or heavy construction equipment (for excavation) that are then built into an overall system, package or process specifically for site remediation that customers can apply to their project's specific needs.

A complicating factor in estimating the breakdown of market segments for environmental remediation technologies stems from the nature of the various liability laws in jurisdictions around the world. One fairly common practice in environmental remediation is for a governmental body to undertake and see to the complete remediation of a key contaminated site, and, while remediation is underway or once it has been completed, this governmental body will seek payment for the costs of remediation from the responsible party (if this party is still in existencemany times they are not). In instances where such a process has been used successfully, the value of the remediation equipment, services, materials and so forth are applied to that specific industry application.

Key Topics Covered:

1: Introduction

2: Summary and Highlights

3: Overview

4: Remediation Technologies

5: Industry Landscape and Structure

6: Global Market for Environmental Remediation Technologies

7: Company Profiles

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/kv98hw/global_markets

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716