United States Environment Clean up and Remediation market is projected to reach $ 38 billion by 2025 owing to factors such as increasing demand for oil & gas, rising industrial pollution, increasing number of pipeline leakage incidents affecting the environment. Additionally, growing investment in the field of remediation services, stringent and transparent regulatory frameworks would drive the demand for environmental clean up & remediation during the forecast period. Environment clean up & remediation is widely used in the oil & gas and mining and forestry applications. It is perceived as a long-term strategic solution for environmental pollution control.
Environment clean up & remediation includes removal of contaminants, heavy metals and other toxic contaminants from the environment. Over the years, environment clean up & remediation has created a niche market for itself and has evolved technically, resulting in higher adoption across various end use industries.
The United States environment clean up & remediation market is segmented based on medium, type, application, region and company. Based on medium, the market can be segmented into soil, surface water & ground water. Out of them, ground water is likely to maintain its market dominance until 2025, on account of increasing waste disposal into the water.
Based on type, the market can be segmented into bioremediation, pump & treat, in situ vitrification, thermal treatment, chemical treatment, excavation, soil washing & others. Bioremediation is a natural biodegradation of contaminants and pollutants by micro-organisms. It can be enhanced through the addition of nutrients or cultivation. This technology is used to remove contaminants from soil and groundwater by using natural plants. Soil vapor extraction and pump and treat technologies are expected to experience high growth during the forecast period owing to rising demand for removal of volatile organic compounds and toxins.
The major players operating in the United States environment clean up & remediation market are Bechtel Corp., Veolia North America (VNA), Clean Harbors, Inc., Golder Associates Inc., BRISEA Group, Inc., Terra Systems, Inc., Entact LLC and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and forecast the market size of United States environment clean up & remediation market.
- To classify and forecast United States environment clean up & remediation market based on type, medium, application, company and regional distribution.
- To identify drivers and challenges for United States environment clean up & remediation market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States environment clean up & remediation market.
- To conduct pricing analysis for United States environment clean up & remediation market.
- To identify and analyze the profile of leading players operating in United States environment clean up & remediation market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, vendors and presence of all major players across the globe.
TechSci Research calculated the market size of United States environment clean up & remediation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Environment clean up & remediation service providers and vendors
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to environment clean up & remediations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, United States environment clean up & remediation market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Medium:
o Surface Water
o Ground Water
- Market, By Type:
o Pump & Treat
o In Situ Vitrification
o Thermal Treatment
o Chemical Treatment
o Soil Washing
- Market, By Region:
Company Profiles: Detailed analysis of the major companies present in United States environment clean up & remediation market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).