Environmental Remediation Market Analysis and Forecast to 2032: By Environmental Medium (Soil, Groundwater), Technology (Air Sparging, Soil Washing, Chemical Treatment, Bioremediation, and Others), Application (Mining and Forestry, Oil & Gas, Agriculture, Automotive, and Others) and Region
The global environmental remediation market was valued at USD 105.0 billion in 2022 and it is anticipated to grow further till USD 215.0 billion by 2032, at a CAGR of 7.4% during the forecast period.
Environmental remediation is the process of removing environmental contamination from a site. Contamination can come from a variety of sources, including leaking underground storage tanks, hazardous waste sites, and abandoned factories. Remediation can involve a variety of activities, including excavating and removing contaminated soil, treating contaminated groundwater, and demolishing contaminated buildings.
Global Environmental Remediation Market Scope and Report Structure
| Report Attribute | Details |
|---|---|
| Market Size in 2022 | $105.0 Bn |
| Market Size in 2032 | $215.0 Bn |
| Growth Rate (2022-32) | 7.4% |
| Historic Period | 2016-2021 |
| Forecast Period | 2023-2032 |
| Base Year | 2022 |
| Segments Covered | Environmental Medium, Technology, Application, and Region |
| Key Companies | Clean Harbors, Inc, AECOM Technology, DEME NV, Golder Associates Corporation, Jacobs Engineering Group, Brisea Group, Entact, LLC, Terra Systems, Engineering and Maintenance Solutions and HDR Inc. among others. |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Market Drivers and Trends
There are several key drivers of the environmental remediation market. Firstly, there is an increasing awareness of the need to clean up the environment and protect human health. This has led to stricter regulation of environmental contamination, which has, in turn, increased the demand for environmental remediation services. Secondly, the increasing cost of environmental damage is another key driver of the market. As the cost of environmental damage continues to rise, businesses and individuals are increasingly looking to environmental remediation companies to clean up their sites. Finally, the advances in technology are also driving the market for environmental remediation.
Market Restraints and Challenges
The key restraints and challenges in the environmental remediation market include the high cost of environmental remediation projects, the long duration of environmental remediation projects, and the stringent environmental regulations.
The high cost of environmental remediation projects is the major restraint to the growth of the environmental remediation market. The cost of environmental remediation projects depends on the type and extent of contamination, the type of remediation technology, and the geographical location of the project. The cost of environmental remediation projects can range from a few thousand dollars to billions of dollars.
The long duration of environmental remediation projects is another major restraint on the growth of the environmental remediation market. The duration of environmental remediation projects depends on the type and extent of contamination, the type of remediation technology, and the geographical location of the project. The duration of environmental remediation projects can range from a few months to several years.
The stringent environmental regulations are the other major restraint on the growth of the environmental remediation market. The environmental regulations vary from country to country and from region to region. The environmental regulations are also constantly changing, which makes it difficult for the companies to comply with the regulations.
Global Environmental Remediation Market Segmental Overview
The global environmental remediation market is segmented into environmental medium, technology, application, and region.
Global Environmental Remediation Market by Environmental Medium
Based on environmental medium, it is segmented into soil, and groundwater. The soil segment is anticipated to dominate the market during the forecast period. Similarly, the groundwater segment is anticipated to witness the fastest growth during the forecast period.
Global Environmental Remediation Market by Technology
Based on technology, it is segmented into air sparging, soil washing, chemical treatment, bioremediation, and others. The air sparging segment is anticipated to dominate the market during the forecast period. Similarly, the soil washing segment is anticipated to witness the fastest growth during the forecast period.
Global Environmental Remediation Market by Application
Based on application, it is segmented into mining & forestry, oil & gas, agriculture, automotive, and others. The mining & forestry segment is anticipated to dominate the market during the forecast period. Similarly, oil & gas segment is anticipated to witness the fastest growth during the forecast period.
Geographical Analysis of the Global Environmental Remediation Market
Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.
Major Players in the Global Environmental Remediation Market
The key players studied in the report are Clean Harbors, Inc, AECOM Technology, DEME NV, Golder Associates Corporation, Jacobs Engineering Group, Brisea Group, Entact, LLC, Terra Systems, Engineering and Maintenance Solutions and HDR Inc. among others.
COVID-19 Impact
The global economy was impacted by the COVID-19 epidemic. Lockdowns were implemented nationwide by governments all over the world to stop the infection’s spread. Due to lockdowns and other steps taken to stop the virus’s spread, several businesses temporarily limited or stopped their activities. As a result, there was a decline in the market for remediation services, which hurt these businesses’ earnings. The pandemic-induced economic crisis has also resulted in less funding for environmental remediation initiatives, which has further hampered market expansion. The epidemic has raised awareness of the value of environmental conservation and the necessity of environmental restoration for maintaining public health, though. Future remediation efforts will be more necessary as these pollutants continue to build up. Overall, COVID-19 has had a mixed effect on the market for environmental cleanup. While demand for some businesses’ services has decreased, demand for their services has increased for other businesses.
Recent Developments
- October 2021, Clean Harbors had announced that they Completes the Acquisition of Hydro Chem PSC. Clean Harbors purchased HPC from an affiliate of Littlejohn & Co., LLC, for $1.25 billion in an all-cash transaction.
- December 2020, Golder Associates Corporation had announced that they enter into an Arrangement Agreement with WSP Global Inc. It has entered into a definitive agreement (the “Arrangement Agreement”) with a wholly-owned subsidiary of WSP Global Inc. (“WSP”), pursuant to which WSP will acquire Golder (the “Transaction”) by way of a plan of arrangement under the Companies Act (Nova Scotia) for aggregate consideration of $1.14 Billion (USD).
Frequently Asked Questions
Q1. How big is the Environmental Remediation market?
Ans. The global Environmental Remediation market size was USD 105.0 billion in 2022 and it is anticipated to grow further till USD 215.0 billion by 2032, at a CAGR of 7.4% from 2023 to 2032.
Q2. What is the Environmental Remediation market growth rate?
Ans. The growth rate of the Environmental Remediation market is 7.4%.
Q3. Which region holds a major market share for the Environmental Remediation market?
Ans. North America holds a major market share of the Environmental Remediation market in 2022.
Q4. Which segment accounted for the largest Environmental Remediation market share?
Ans. By technology, air sparging segment accounted for the largest Environmental Remediation market share.
Q5. Who are the key players in the Environmental Remediation market?
Ans. The global Environmental Remediation market report includes players such as Clean Harbors, Inc, AECOM Technology, DEME NV, Golder Associates Corporation, Jacobs Engineering Group, Brisea Group, Entact, LLC, Terra Systems, Engineering and Maintenance Solutions and HDR Inc. among others.
Q6. What are the factors driving the Environmental Remediation market growth?
Ans. The major factors driving the growth of the market are the growing market in emerging countries.
Q7. What are the key growth strategies of Environmental Remediation market players?
Ans. The key growth strategies of Environmental Remediation market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Environmental Remediation market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Environmental Remediation market during the forecast period.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Environmental Remediation Market Outlook
3.1. Environmental Remediation Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Environmental Remediation Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Environmental Remediation Market
4.3. Economic Impact Analysis
Chapter 5. Environmental Remediation Market by Environmental medium
5.1. Market Overview
5.2. Soil
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Ground Water
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Environmental Remediation Market by Technology
6.1. Market Overview
6.2. Air Sparging
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Soil Washing
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Chemical Treatment
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Bioremediation
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.6. Others
6.6.1. Market Size and Forecast, 2021-2031 ($Million)
6.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Environmental Remediation Market by Application
7.1. Market Overview
7.2. Mining and Forestry
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Oil & Gas
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Agriculture
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.5. Automotive
7.5.1. Market Size and Forecast, 2021-2031 ($Million)
7.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.6. Others
7.6.1. Market Size and Forecast, 2021-2031 ($Million)
7.6.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Environmental Remediation Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.2.3. North America Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.2.4. North America Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.5. North America Environmental Remediation Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.2.6.2. The U.S. Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.2.6.3. The U.S. Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.2.7.2. Canada Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.2.7.3. Canada Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.2.8.2. Mexico Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.2.8.3. Mexico Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.3. Europe Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.4. Europe Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.5. Europe Environmental Remediation Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.6.2. Germany Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.6.3. Germany Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.7.2. France Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.7.3. France Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.8.2. U.K. Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.8.3. U.K. Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.9.2. Spain Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.9.3. Spain Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.10.2. Italy Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.10.3. Italy Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Environmental Remediation Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.4. Asia-Pacific Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.5. Asia-Pacific Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.6.2. China Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.6.3. China Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.7.2. India Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.7.3. India Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.8.2. Japan Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.8.3. Japan Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.9.2. South Korea Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.9.3. South Korea Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.5.3. Rest of the World Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.4. Rest of the World Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.5. Rest of the World Environmental Remediation Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.5.6.2. Latin America Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.6.3. Latin America Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.5.7.2. Middle East Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.7.3. Middle East Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.5.8.2. Africa Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.8.3. Africa Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
8.5.9. Rest of LAMEA
8.5.9.1. Rest of LAMEA Environmental Remediation Market Size and Forecast by Environmental medium, 2021-2031, ($Million)
8.5.9.2. Rest of LAMEA Environmental Remediation Market Size and Forecast by Technology, 2021-2031, ($Million)
8.5.9.3. Rest of LAMEA Environmental Remediation Market Size and Forecast by Application, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Clean Harbors, Inc.
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. AECOM Technology
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. DEME NV
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Golder Associates Corporation
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Jacobs Engineering Group
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Brisea Group
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Entact, LLC
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Terra Systems
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Engineering and Maintenance Solutions
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. HDR Inc
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
- Clean Harbors, Inc.
- AECOM Technology
- DEME NV
- Golder Associates Corporation
- Jacobs Engineering Group
- Brisea Group
- Entact, LLC
- Terra Systems
- Engineering and Maintenance Solutions
- HDR Inc
Market Segmentation
By Environment Medium
- Soil
- Groundwater
By Technology
- Air Sparging
- Soil Washing
- Chemical Treatment
- Bioremediation
- Others
By Application
- Mining and Forestry
- Oil & Gas
- Agriculture
- Automotive
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Spain
- Rest of Europe
- The Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa