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Environmental Remediation Market Worth 123.13 Billion USD by 2022


News provided by

MarketsandMarkets

28 Oct, 2016, 14:30 GMT

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PUNE, India, October 28, 2016 /PRNewswire/ --

According to the new market research report "Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022", published by MarketsandMarkets, market is expected to be worth USD 123.13 Billion by 2022, at a CAGR of 7.62% between 2016 and 2022.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 70 market data Tables and 51 Figures spread through 153 Pages and in-depth TOC on "Environmental Remediation Market".

http://www.marketsandmarkets.com/Market-Reports/environmental-remediation-market-93290334.html

Early buyers will receive 10% customization on this report. 

The major driver for the growth of the environmental remediation market is the large number of initiatives undertaken by governments for environment protection and pollution control.

Demand for groundwater remediation expected to drive the environmental remediation market 

The market for groundwater remediation is expected to grow at the highest CAGR between 2016 and 2022. Groundwater contamination due to the penetration of artificial products such as gasoline, oil, and chemicals into the groundwater makes it polluted and useless for human use. Contaminants present in groundwater include a wide range of physical, inorganic chemical, organic chemical, bacteriological, and organic waste from wastewater disposal systems and toxic chemicals from underground storage tanks and permeable landfills infects groundwater. Thus, the market for remediation technologies is expected to have a high demand for groundwater remediation in the future.

Oil and gas application expected to witness the highest growth between 2016 and 2022 

The market for the oil and gas application is expected to grow at the highest CAGR between 2016 and 2022. In different stages of oil and gas production, wastewater, gas emissions, solid waste, and aerosols are generated during production and refining; and which spilt of oil and petroleum products transportation. This is driving the demand for environmental remediation technology in the oil and gas application. In this application, environmental remediation technologies provide services to eliminate contamination from soil and groundwater and also fulfill the requirement for a pollution-free environment. This would drive the growth of the environmental remediation market for the oil and gas application.

APAC expected to hold the largest market share and witness high growth during the forecast period 

The environmental remediation market in APAC is expected to grow at the highest CAGR between 2016 and 2022. The reason for this growth is the adoption of environmental services, government initiatives for environment pollution control, and stringent government regulations for awareness toward environmental protection. The rapid increase in government funding and the adoption of eco-friendly industries are driving the demand for environmental remediation in China, Japan, India, and South Korea. Remediation technologies are expected to be implemented in the oil and gas and construction and land development applications in this region. Therefore, the market in APAC is expected to grow rapidly during the forecast period.

Free PDF Brochure Download: http://www.marketsandmarkets.com/pdfdownload.asp?id=93290334

The key players in the ecosystem of the environmental remediation market profiled in this report are Clean Harbors, Inc. (U.S.), Golder Associates Corporation (Canada), Brisea Group, Inc. (U.S.), Entact LLC (U.S.), Dredging, Environmental and Marine Engineering NV (Belgium), Terra Systems, Inc. (U.S.), Environmental Remediation Resources Pty Ltd. (Australia), GEO Inc. (U.S.), newterra Ltd. (Canada), and Weber Ambiental (Mexico).

Browse Related Reports 

Energy Harvesting System Market by Technology (Light, Vibration, Electromagnetic, Thermal), Application (Building & Home Automation, Consumer Electronics, Industrial, Transportation, Security), and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/energy-harvesting-market-734.html

E-Waste Management Market by Material Recovery (Metals, Plastic, & Glass), Source type (Household Appliances, Entertainment & Consumer Electronics, & IT & Telecommunication), and by Geography - Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/electronic-waste-management-market-373.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Semiconductor & Electronic @http://www.marketsandmarkets.com/Knowledgestore.asp

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MarketsandMarkets
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