Global Markets for Environmental Remediation Technologies

 Published On: Oct, 2017 |    No of Pages: 174 |  Published By: BCC Research-JT Gabrielsen Consulting LLC Research | Format: PDF
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The global market for environmental remediation technologies reached $65.2 billion in 2016. This market is estimated to reach nearly $82.7 billion in 2022 from $67.8 billion in 2017 at a compound annual growth rate (CAGR) of 4.0% for 2017-2022.

Report Includes

-An overview of the global markets for environmental remediation technologies.
-Analyses of global market trends, with data from 2016, estimates for 2017 and projections of compound annual growth rates (CAGRs) through 2022
-A detailed discussion of technological categories in their current state, as well as future developments
-Applications for these categories, including soil remediation, groundwater remediation, and surface water remediation
-Insight into the regulatory framework in which the industry must operate
-Evaluation of key and relevant patents

Study Background

Various estimates place the global cost of potential liabilities for owners of environmentally contaminated sites in the trillions of dollars. These potential liabilities have arisen because of contamination of the world’s soil and water with chemicals, metals and other compounds with effects that can range from an offensive odor to a carcinogenic or lethal outcome. Much of the contamination encountered is historical contamination, originating years or even decades in the past, many times with the original source or cause of contamination unknown or not fully known. Other contamination may continue to arise as a result of current activities with consequences that are not yet fully understood or, occasionally, as a consequence of irresponsible actions.

Although the global industry for remediation technologies has come into being just over the past several decades, it has been quite successful in cleaning many contaminated sites in the most developed economies of North America, Western Europe, Japan and Australia. However, despite the progress that has been made in cleaning contaminated sites in these regions and countries, there remains significant work to be done. When considering the emerging economies of the world, it is clear that there exist equally large—if not greater—future potential liabilities stemming from contaminated sites, as many of these sites have yet to be cleaned. A critical component of building and growing economies around the world is the cleaning of contaminated sites, which not only serves to preserve and protect human health but also allows the development of sites that were previously ignored due to contamination.

Study Goals and Objectives

This study seeks to provide a broad perspective and understanding of the most important aspects of the global remediation technology market. Readers will gain a better understanding of the makeup of the global industry in terms of key factors driving and inhibiting market growth; regulatory schema; technological categories and trends in new technological development; patents; and various market dynamics—and how these all interact with one another. By providing this deep understanding of the market, the report aims to equip its Intended Audience with the requisite knowledge to better formulate public policy, business and competitive strategy, and/or research and developmental project goals. For private industry, established firms should gain a better understanding of where they may best maximize their current positions, while new firms seeking to enter the market should be able to better identify the points of entry that may afford them the greatest likelihood of success.

Scope of Report

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 existence—many 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.

In developing the market size and growth rate estimates, all regions and industries have been considered. However, this report seeks to provide particular insight into the markets for remediation technologies in emerging economies. The goal of this specific focus is to provide readers with a comprehensive resource for remediation technology companies based in developed economies, such as North America, Western Europe or Australia, that seek to expand their client portfolios regionally through export, licensing or some other transfer of technology or expertise. Moreover, there is already ample and readily accessible information about the markets and their structure in the developed economies of the U.S., Canada, Western Europe and other countries/regions. However, information on the markets in emerging economies can be more difficult to come by or to fully understand. Extra attention has been paid to markets in regions including China and the broader Asia-Pacific region, Latin America and the Caribbean region (especially Argentina, Brazil, Chile and Mexico), and the Middle East and Africa region. Most of these regions, as will be discussed in further detail in this report, may see growth rates that outpace the global average during the next five years, providing ready markets for expansion.

Information Sources and Methodology

To quantify the total market size and annual growth rates for environmental remediation technologies, a combination of both top-down and bottom-up approaches were used, and primary and secondary Information Sources were utilized. Aggregated data were reviewed from trade organizations, professional societies, research institutions and governmental bodies from many different nations. Analysis of publicly available budgetary, expenditure and contract documents from various national and regional governmental bodies in the U.S. and in other jurisdictions was completed.

A large representative sample composed of individual companies, both privately held and publicly traded, ranging from a few employees to tens of thousands, was also researched and analyzed, and this sample formed part of the basis for developing the market size and growth estimates. These companies included startups, established small and medium enterprises, and global environmental consulting firms and were diverse in their geographies, the solutions provided (equipment manufacturers, service providers, project developers and so forth.), the markets served and the technologies utilized. In addition to information from supplier firms for the remediation technologies market, public financial filings and other public documents from companies and organizations that have been major purchasers of remediation equipment or services were also analyzed. Investment information and news releases from venture capital firms, when available, were analyzed to determine the level of interest in and success in investing in the industry on the part of private funds. For publicly traded companies, official financial filings were analyzed.

Among the most important sources of information were primary and secondary sources for individual companies. In addition to the individual companies reviewed, a nonexhaustive list of aggregated Information Sources that were utilized in the development of this report included publicly available data and documents from the following sources.

For technical information regarding contaminants, technologies and current research areas:

-American Academy of Environmental Engineers.
-American Chemical Society (ACS).
-California Environmental Protection Agency.
-Centro de Tecnologia Mineral (Brazil).
-Comisión Nacional del Medio Ambiente (CONAMA) (Chile).
-Federal Remediation Technologies Roundtable (FRTR).
-Groundwater Remediation Technologies Analysis Center (GWRTAC).
-The International Atomic Energy Agency (IAEA).
-Interstate Technology & Regulatory Council (ITRC).
-National Defense Center for Environmental Excellence (NDCEE).
-New Jersey Corporation for Advanced Technology (NJCAT).
-New York City Office of Environmental Remediation.
-Society of Environmental Engineers (U.K.).
-University of Guelph’s (Ontario) University Consortium for Field-Focused Groundwater Contamination Research.
-The U.S. Department of Energy, and its:
Brookhaven National Laboratory.
Pacific Northwest National Laboratory.
Savannah River National Laboratory.
-The United Nations Environment Programme.
-The U.S. Environmental Protection Agency (EPA), and its:
-Office of Underground Storage Tanks.
-Office of Solid Waste and Emergency Response.
-Technology Innovation and Field Services Division.

For market, economic and patent information:
-Associacion Brasileira das Empresas de Consultoria e Engenharia Ambiental (Brazil).
-Asociacion Interamericana de Ingeniería Sanitaria y Ambiental (AIDIS).
-The Chinese Ministries of Environmental Protection, Science and Technology, Housing and Urban-Rural Development, and Industry and Information Technology.
-European Patent Office (EPO).
-Pace Environmental Law Review.
-U.S. Bureau of Labor Statistics.
-U.S. Census Bureau.
-U.S. Patent and Trade Office (USPTO).
-The World Bank.
-World Intellectual Property Organization (WIPO).

Geographic Breakdown

In this report, the geographic regions considered for market analysis include and only include:

North America
U.S.
Canada.

Latin America and Caribbean
Brazil.
Mexico.
Argentina.
Chile.
Colombia.
Peru.
Remaining countries in region.
Chapter 1: Introduction 1
Study Background 1
Study Goals and Objectives 1
Scope of Report 1
Information Sources and Methodology 3
Geographic Breakdown 4
Analyst's Credentials 7
Related BCC Research Reports 7

Chapter 2: Summary and Highlights 9

Chapter 3: Overview 14
Definitions of Terms and Acronyms Used in This Report 19
Geographic Regions Defined in This Report 21

Chapter 4: Remediation Technologies 24
Introduction 24
Overview of Contaminants and Site Assessment 25
Common Contaminants 25
Site Assessment and Investigation 31
Overview of Current Technology Types 32
Air Sparging 34
Bioremediation 35
Electrokinetic Remediation 36
Excavation 37
In Situ Flushing 38
Permeable Reactive Barriers 38
Phytoremediation 39
Pump-and-Treat 41
Soil Vapor Extraction 42
Solidification and Stabilization 42
Thermal Treatment: Ex Situ 43
Thermal Treatment: In Situ 44
Thermal Desorption 45
Emerging Technological Trends 46
Patent Analysis 47

Chapter 5: Industry Landscape and Structure 54
Significant Industry Factors 56
Regulation 56
Commodities Price Drops, Stronger U.S. Dollar 62
U.S. and Global Political Landscape 64
Voluntary Remediation and Compliance 65
Real Estate Development 66
Capital Markets, Access to Capital, Mergers and Acquisitions, and Financial Risk Management 68
Research and Development 70
Significant Categories of Industry Players 72

Chapter 6: Global Market for Environmental Remediation Technologies 76
Global Market by Industrial Application 76
Mining and Forestry 80
Oil and Gas 83
Agriculture 85
Manufacturing, Industrial and Chemical Production/Processing 88
Landfills and Other Waste Disposal Sites 92
Other Applications (Including Military, Nuclear and Radioactive Waste, and Commercial) 94
Global Market by Region 97
North America 109
Latin America and Caribbean 113
Europe 127
Middle East and Africa 136
China 142
Asia-Pacific 148

Chapter 7: Company Profiles 159
Primary Companies 161
Peripheral Organizations 181
About BCC Research 186
About BCC Research 187
BCC Membership 187
BCC Custom Research 187

List of Tables

Summary Table: Global Market for Environmental Remediation Technologies, by Region, Through 2022 ($ Millions) 9
Table 1 Patents Issued for Environmental Remediation Technologies, Through 2017 (Number) 48
Table 2 Patents Issued for Environmental Remediation Technologies, by Country/Region, Through 2017 (Number/% Share) .. 49
Table 3 Global Market for Environmental Remediation Technologies by Associated Industrial Applications, Through 2022 ($ Millions) ..... 78
Table 4 Global Market for Environmental Remediation Technologies for Sites Associated with Mining and Forestry Industries, by Region, Through 2022 ($ Millions) .. 81
Table 5 Global Market Segment Per-Capita Growth Factor for Mining and Forestry Applications, by Region, 2017–2022 (Ratio).. 82
Table 6 Global Market for Environmental Remediation Technologies for Sites Associated with the Oil and Gas Industry, by Region, Through 2022 ($ Millions) ....... 84
Table 7 Global Market Segment Per-Capita Growth Factor for Oil and Gas Applications, by Region, 2017–2022 (Ratio) ... 85
Table 8 Global Market for Environmental Remediation Technologies for Sites Associated with Agricultural Applications, by Region, Through 2022 ($ Millions) ... 86
Table 9 Global Market Segment Per-Capita Growth Factor for Agricultural Applications, by Region, 2017–2022 (Ratio) . 87
Table 10 Global Market for Environmental Remediation Technologies for Sites Associated with Manufacturing, Industrial, and Chemical Production or Processing Applications, by Region, Through 2022 ($ Millions) .. 89
Table 11 Global Market Segment Per-Capita Growth Factor for Manufacturing, Industrial, and Chemical Production or Processing Applications, by Region, 2017–2022 (Ratio) .. 91
Table 12 Global Market for Environmental Remediation Technologies for Sites Associated with Landfill and Other Waste Disposal Sites, by Region, Through 2022 ($ Millions) .... 93
Table 13 Global Market Segment Per-Capita Growth Factor for Landfill and Other Waste Disposal Site Applications, by Region, 2017–2022 (Ratio) ....... 94
Table 14 Global Market Segment Per-Capita Growth Factor for Other (Military, Nuclear and Radioactive Waste, Commercial, etc.) Applications, by Region, 2017–2022 (Ratio) ..... 96
Table 15 Global Market for Environmental Remediation Technologies, by Region, Through 2022 ($ Millions) .. 98
Table 16 Largest Country-Level Markets and Share of Regional Environmental Remediation Technologies, 2022 ($ Millions/%) .. 98
Table 17 Fastest-Growing Country-Level Markets for Environmental Remediation Technologies for Each Region, 2017–2022 ....... 100
Table 18 Top Country-Level Markets (>$1 Billion) and Their Shares of the Global Environmental Remediation Technology Market, 2022 ($ Millions/%) .... 102
Table 19 Global Remediation Technology Expenditures per Capita for Top Country-Level Markets, 2019 ($) .. 105
Table 20 Highest-Performing Application-Regional Market Segment Combinations as Measured by Growth Factor, 2017–2022 (Ratio) ....... 106
Table 21 Middle One-Third of Application-Regional Market Segment Combinations as Measured by Growth Factor, 2017–2022 (Ratio) ....... 107
Table 22 Bottom One-Third Application-Regional Market Segment Combinations as Measured by Growth Factor, 2017–2022 (Ratio) 108
Table 23 North American Market for Environmental Remediation Technologies, by Country, Through 2022 ($ Millions) 110
Table 24 North American Market for Environmental Remediation Technologies, by Industry Application, Through 2022 ($ Millions) 111
Table 25 North American Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 113
Table 26 Latin America and the Caribbean Market for Environmental Remediation Technologies by Country, Through 2022 ($ Millions) 116
Table 27 Latin American and Caribbean Market for Environmental Remediation Technologies, by Industry Application, Through 2022 ($ Millions) 119
Table 28 Latin America and Caribbean Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 127
Table 29 European Market for Environmental Remediation Technologies, by Country, Through 2022 ($ Millions) 129
Table 30 European Market for Environmental Remediation Technologies, by Industry Application,Through 2022 ($ Millions) 133
Table 31 European Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 135
Table 32 Middle East and Africa Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 138
Table 33 Middle Eastern and African Market for Environmental Remediation Technologies by Country, Through 2022 ($ Millions) 138
Table 34 Middle Eastern and African Market for Environmental Remediation Technologies by Industry Application, Through 2022 ($ Millions) 139
Table 35 Chinese Market for Environmental Remediation Technologies, by Industry Application, Through 2022 ($ Millions) 144
Table 36 Chinese Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 148
Table 37 Asia-Pacific Market for Environmental Remediation Technologies, by Country, Through 2022 ($ Millions) 150
Table 38 Asia-Pacific Market for Environmental Remediation Technologies, by Industry Application, Through 2022 ($ Millions) 154
Table 39 Asia-Pacific Market for Environmental Remediation Technologies, by Mode of Application, Through 2022 ($ Millions) 156

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