Global Environmental Remediation Market (2021 to 2026) - Development of Advanced Remediation Technologies Presents Opportunities

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May 20, 2021, 14:30 ET

DUBLIN, May 20, 2021 /PRNewswire/ -- The "Environmental Remediation Market with COVID-19 Impact Analysis by environmental medium(soil & groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Chemical Treatment), Site Type, Application, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The overall environmental remediation market is expected to grow from USD 104.6 billion in 2021 to USD 158.8 billion by 2026; it is expected to grow at a CAGR of 8.7% during 2021-2026.

Key factors fueling this market's growth include increasing government initiatives for environmental protection; growing focus on development of environment-friendly industries; and rapid population growth and industrialization in developing countries. Development of advanced remediation technologies and continuous expansion of oil & gas industry create a strong demand for environmental remediation for efficient industrial operations in the midst of COVID-19.

Oil & gas application to witness the highest CAGR in environmental remediation market during 2021-2026.

The environmental remediation market for oil & gas application is expected to grow with the highest CAGR during the forecast period, because of the high demand for remediation solutions to clean volatile organic compounds in this industry. Pollution is associated with different stages of oil and gas production including wastewater, gas emission, solid waste, and aerosols generated during production, and refining, as well as during transportation, when spillage of oil and petroleum products make take place. Remediation technologies are used in the oil and gas industry to remove contaminants such as methane, propane, sulfur dioxide, volatile organic compounds, and other toxins.

North America is expected to hold a largest share of environmental remediation market by 2026.

North America is home to some of the major players in the environmental remediation market, such as AECOM (US), Clean Harbors, Inc. (US), Golder Associates Corporation (Canada), Brisea Group, Inc. (US), Entact LLC (US), Terra Systems, Inc. (US), GEO Inc. (US), Newterra Ltd. (Canada), and Weber Ambential (Mexico). The rising adoption of environmental solutions and services and the presence of major companies have helped the growth of the market in this region. Government initiatives to curb pollution and increase the adoption of environmental solutions and services in the region are also fueling the growth of the market in North America.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary
3.1 Realistic Scenario
3.2 Optimistic Scenario
3.3 Pessimistic Scenario

4 Premium Insights
4.1 Attractive Opportunities in Environmental Remediation Market
4.2 Environmental Remediation Market, by Site Type
4.3 Environmental Remediation Market, by Technology
4.4 Environmental Remediation Market in North America, by Application and Country
4.5 Environmental Remediation Market, by Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Government Initiatives for Environmental Protection
5.2.1.2 Growing Focus on Development of Environment-Friendly Industries
5.2.1.3 Rapid Population Growth and Industrialization in Developing Countries
5.2.2 Restraints
5.2.2.1 Slow Implementation of Environmental Protection Regulations
5.2.2.2 High Cost of Excavation Equipment
5.2.3 Opportunities
5.2.3.1 Development of Advanced Remediation Technologies
5.2.3.2 Continuous Expansion of Oil & Gas Industry
5.2.4 Challenges
5.2.4.1 Inconsistencies in Government Regulations in Many Countries
5.2.4.2 Short-Term Decline in Demand from Oil & Gas Industry Due to COVID-19
5.2.4.3 Negative Impact of COVID-19 on Construction and Development Applications
5.3 Value Chain Analysis
5.4 Porter's Five Forces Analysis
5.5 Cost Analysis
5.6 Trade Analysis
5.6.1 Import Scenario of Waste Treatment and De-Pollution, Agricultural and Mining Services
5.6.2 Export Scenario of Waste Treatment and De-Pollution, Agricultural and Mining Services
5.7 Revenue Shift & New Revenue Pockets for Environmental Remediation Market
5.8 Environmental Remediation Ecosystem
5.9 Case Study Analysis
5.9.1 Soil and Groundwater Remediation at Formosa Oil Gas Stations
5.9.2 Pfas Remediation at Multiple Locations in a North American Airport
5.9.3 Water Remediation in San Fernando Valley Groundwater Basin (Sfb) in Los Angeles
5.10 Patent Analysis
5.10.1 Patent Registrations, 2017-2020
5.10.2 Environmental Remediation: Patent Analysis
5.10.2.1 Methodology
5.10.2.2 Insight
5.11 Technology Trends
5.11.1 Adjacent Technologies
5.11.1.1 Microbial Remediation
5.11.1.2 Nanoremediation
5.11.1.3 Heterogeneous Photocatalysis
5.12 Tariff and Regulations
5.12.1 Tariffs
5.12.2 Negative Impact of Tariffs on Environmental Remediation Market
5.13 Government Regulations and Standards
5.13.1 Government Regulations
5.13.2 Standards
5.13.2.1 the Environment Protection Act, 1986
5.13.2.2 the Water (Prevention and Control of Pollution) Act, 1974
5.13.2.3 the National Green Tribunal Act, 2010
5.13.2.4 Atmosphere Explosible (Atex)

6 Types of Contaminants
6.1 Introduction
6.2 Microbiological Contaminants
6.3 Organic Contaminants
6.4 Inorganic Contaminants

7 Environmental Remediation Market, by Environment Medium
7.1 Introduction
7.2 Soil
7.2.1 Increasing Demand for Soil Remediation in Manufacturing and Energy & Power Industries
7.3 Groundwater
7.3.1 Growing Need for Remediation Measures to Improve Groundwater Quality

8 Environmental Remediation Market, by Site Type
8.1 Introduction
8.2 Private Sites
8.2.1 Strict Environmental Regulations Boost Demand for Environmental Remediation Services
8.3 Public Sites
8.3.1 Government Initiatives Boost Demand for Environmental Remediation Services

9 Environmental Remediation Market, by Technology
9.1 Introduction
9.2 Air Sparging
9.2.1 Simple and Effective In-Situ Soil Remediation Technology
9.3 Soil Washing
9.3.1 Facilitates Easy Removal of Hazardous Pollutants from Soil
9.4 Chemical Treatment
9.4.1 Low-Cost Technology for Soil and Groundwater Remediation
9.4.2 Chemical Precipitation
9.4.3 Ion Exchange
9.4.4 Carbon Absorption
9.4.5 Chemical Reduction
9.4.6 Chemical Oxidation
9.4.7 Pfas (Pfos and Pfoa) Remediation
9.5 Bioremediation
9.5.1 Eliminates Use of Toxic Chemicals
9.5.2 Bioaugmentation
9.5.3 Biodegradation
9.5.4 Biostimulation
9.5.5 Bioventing
9.5.6 Bioreactors
9.5.7 Composting
9.6 Electrokinetic Remediation
9.6.1 Uses Low-Voltage Dc Electric Field to Remove Pollutants
9.7 Excavation
9.7.1 Most Widely Used Ex-Situ Technology for Soil Remediation
9.8 Permeable Reactive Barriers
9.8.1 Cost Effective In-Situ Technology for Groundwater Remediation
9.9 In-Situ Grouting
9.9.1 Effectively Reduces Leach Rates
9.10 Phytoremediation
9.10.1 Suited to Removing Low Concentrations of Pollutants
9.11 Pump and Treat
9.11.1 Cleans Water and Prevents Spread of Contaminants to Other Areas
9.12 Soil Vapor Extraction (Sve)
9.12.1 Cost-Effective and Easy-To-Install System
9.13 In-Situ Vitrification
9.13.1 Ensures Rapid Treatment and Immobilization of Hazardous Wastes and Contaminated Soil
9.13.2 Solidification
9.13.3 Stabilization
9.14 Thermal Treatment
9.14.1 Widely Used for Removal of Napl from Soil and Groundwater
9.14.2 Thermal Desorption

10 Environmental Remediation Market, by Application
10.1 Introduction
10.2 Mining and Forestry
10.2.1 Growing Need to Remove Toxic Pollutants in Mines to Fuel Market Growth
10.3.1 Use of Remediation Services to Safeguard People and Property
10.4.1 Rising Need to Remove Pollutants to Create Lucrative Opportunities for Environmental Remediation Market
10.5.1 Decline in Global Demand Due to COVID-19 Pandemic to Impact Growth of Segment
10.6.1 Strict Government Regulations to Boost Adoption of Remediation Services
10.7.1 Demand for Eco-Friendly Industrialization to Drive Market Growth
10.8.1 Need for Environmental Assessment to Drive Market Growth

11 Environmental Remediation Market, by Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 Expected to be Largest Market for Environmental Remediation During Forecast Period
11.2.2 Canada
11.2.2.1 Implementation of Stringent Pollution Control Rules and Regulations to Boost Market Growth
11.2.3 Mexico
11.2.3.1 Increasing Industrialization to Drive Growth of Environmental Remediation Market
11.3 Europe
11.3.1 Germany
11.3.1.1 Expected to Lead European Environmental Remediation Market for Automotive Industry During Forecast Period
11.3.2 UK
11.3.2.1 Growing Awareness of Effects of Pollution to Drive Market
11.3.3 France
11.3.3.1 Growing Use of Environmental Remediation in Automotive and Power Stations to Drive Market Growth
11.3.4 Rest of Europe
11.4.1 China
11.4.1.1 Large Scale Industrialization to Boost Market
11.4.2 Japan
11.4.2.1 Increasing Government Initiatives to Curb Pollutants to Push Market Growth
11.4.3 India
11.4.3.1 Expanding Manufacturing Industries and Government Initiatives to Drive Market Growth
11.4.4 Australia & New Zealand
11.4.4.1 Strict Government Regulations Play Vital Role in Growth of Market
11.4.5 Rest of APAC
11.5.1 Middle East & Africa
11.5.1.1 Increasing Demand for Environmental Remediation During Forecast Period
11.5.2 South America
11.5.2.1 Growing Industrial Activity to Fuel Market Growth

12 Competitive Landscape
12.1 Introduction 166
12.2 Market Evaluation Framework
12.2.1 Product Portfolio
12.2.2 Regional FocUS
12.2.3 Manufacturing Footprint
12.2.4 Organic/Inorganic Growth Strategies
12.3 Market Share Analysis, 2020
12.4 Revenue Analysis of Top Players in Environmental Remediation Market
12.5 Company Evaluation Matrix
12.5.1 Star
12.5.2 Pervasive
12.5.3 Emerging Leader
12.5.4 Participant
12.6 Start-Up/Sme Evaluation Matrix
12.6.1 Progressive Company
12.6.2 Responsive Company
12.6.3 Dynamic Company
12.6.4 Starting Block
12.7 Company Service Footprint
12.8 Competitive Situations & Trends
12.8.1 Product Launches & Developments
12.8.2 Deals
12.8.3 Others

13 Company Profiles
13.1 Key Players
13.1.1 Clean Harbors, Inc.
13.1.2 Aecom Technology Corporation (Aecom)
13.1.3 Dredging, Environmental and Marine Engineering Nv (Deme Group)
13.1.4 Golder Associates Corporation
13.1.5 Jacobs Engineering Group Inc.
13.1.6 Brisea Group, Inc.
13.1.7 Entact LLC
13.1.8 Terra Systems, Inc.
13.1.9 Engineering and Maintenance Solutions (Ems) Pty Ltd.
13.1.10 HDR Inc.
13.2 Right to Win
13.3 Other Companies
13.3.1 Geo Inc.
13.3.2 Newterra Ltd.
13.3.3 Weber Ambiental
13.3.4 Fluor Corporation
13.3.5 Bechtel Corporation (Bechtel National Inc.)
13.3.6 Stantec Inc.
13.3.7 Amentum Services, Inc.
13.3.8 Black & Veatch Holding Company
13.3.9 Northstar Group Services, Inc.
13.3.10 Hepaco, LLC
13.3.11 United States Environmental Services (Uses) Corporation
13.3.12 Sprint Sanierung GmbH
13.3.13 Clean Earth Inc.
13.3.14 In-Situ Oxidative Technologies, Inc. (Isotec)
13.3.15 Sequoia Environmental Remediation Inc.

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store: The Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details

For more information about this report visit https://www.researchandmarkets.com/r/vo7v7g

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