United States Environment Clean Up & Remediation Market to Surpass 31.82 Billion by 2026
Growing investments in the field of remediation services, stringent and transparent regulatory frameworks to drive the United States environment clean up and remediation market through 2026.
According to TechSci Research report, “United States Environment Clean Up & Remediation Market By Medium (Soil, Surface Water & Ground Water), By Type (Bioremediation, Pump & Treat, In Situ Vitrification, Thermal Treatment, Chemical Treatment, Excavation, Soil Washing, Others), By Application (Waste Disposal Sites, Oil & Gas, Mining, Chemical & Petrochemical, Manufacturing, Agriculture, Construction, Others), By Region, Forecast & Opportunities, 2026”, United States Environment Clean Up & Remediation Market is expected to witness a significant growth rate of 7.08% CAGR during 2021-2026. Growing focus of remediation companies on land and water on account of increasing industrial waste, in addition to stringent regulatory norms, is expected to drive the United States Environment Clean Up & Remediation Market in the coming years. Increasing competition and growing number of pipeline leakages and incidents are some of the other key factors that would fuel the market over the next five years. Environment clean up & remediation is the removal of pollution or contaminants from water and soil. These waste products / toxic substances are removed for the protection of human health, as well as to restore the environment. Ecological remediation is completed on different natural media, including soil, sediment, groundwater, and surface water.
The United States Environment Clean Up & Remediation Market is segmented based on medium, type, application, region and company. On the basis of medium, the market can be segmented into soil, surface water & ground water. Soil remediation alludes to procedures that are utilized to clean and revive the soil. Soil pollution is brought about by numerous factors that cause groundwater contamination. Regularly, the soil and groundwater are contaminated from a similar source and both should be remediated simultaneously. Soil contamination can result from industrial activity, chemical spills, and the utilization of specific fertilizers and pesticides. Among all, the ground water segment is anticipated to dominate the market during the forecast period due to increasing waste disposal in water bodies and landfills. Due to the porous nature of the soil the contaminants percolates into the ground contaminating soil and groundwater both. Most of the population in united states depends on ground water as a source of drinking water and agriculture. Hence the increase in contamination in the ground water is expected to propel the demand for environment clean up and remediation services in the United States.
Browse 28 market Figures and 2 Tables spread through 82 Pages and an in-depth TOC on “United States Environment Clean Up & Remediation Market”
Based on type, the market can be segmented into bioremediation, pump & treat, in situ vitrification, thermal treatment, chemical treatment, excavation, soil washing & others. The in-situ vitrification has the largest share among all other segments. The disposal of waste into the landfills have led to increase in in-situ vitrification which is a technology to destroy contaminants from the soil with use of electricity and without creating pollution. The ability to treat mixed wastes, including soils with buried trash or drums, dewatered sludge, mine tailings, or sediments makes in-situ vitrification segment to dominate over other remediation types.
Based on the application, the market can be segmented into waste disposal sites, oil & gas, mining, chemical & petrochemical, manufacturing, agriculture, construction, others. The waste disposal sites segment held the largest market share in 2020 followed by chemical & petrochemical segment. Waste disposal sites includes bottles and corrugated boxes, food, grass clippings, sofas, computers, tires and refrigerators. According to the United States Environmental Protection Agency the total generation of municipal solid waste (MSW) in 2018 was 292.4 million tons or 4.9 pounds per person per day. The rise in population will increase the amount of waste in waste disposal sites which will further lead to the growth of United States Environment Clean Up & Remediation Market. On the basis of region, the Western region held the largest share in United States Environment Clean Up & Remediation Market in 2020 and is expected to maintain the market dominance during the forecast period as well.
Bechtel Corporation, Clean Harbors Inc., Golder Associates Inc., BRISEA Group, Inc., Veolia North America, Terra Systems, Inc., ENTACT LLC, SUEZ North America Inc., Heritage Environmental Services, LLC, US Ecology, Inc. are some of the leading players operating in the United States Environment Clean Up & Remediation Market. The companies operating in the market are using strategies such as mergers and collaborations to boost their market share in the United States Environment Clean Up & Remediation Market. Leading players are focusing on expanding their service portfolios to maintain sustainable growth in the market.
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“United States is expected to witness growth in the Environment Clean Up & Remediation Market during the forecast period, owing to the constant push from the government in terms of stringent and environment friendly policy formulation and implementation. Increasing demand from agriculture, chemical, oil & gas and manufacturing industries for waste management and environmental remediation is going to propel the market growth. Additionally, presence of major players operating in the market in the country is expected to create lucrative opportunities for the market growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Environment Clean Up & Remediation Market By Medium (Soil, Surface Water & Ground Water), By Type (Bioremediation, Pump & Treat, In Situ Vitrification, Thermal Treatment, Chemical Treatment, Excavation, Soil Washing, Others), By Application (Waste Disposal Sites, Oil & Gas, Mining, Chemical & Petrochemical, Manufacturing, Agriculture, Construction, Others), By Region, Forecast & Opportunities, 2026”, has evaluated the future growth potential of United States Environment Clean Up & Remediation Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the United States Environment Clean Up & Remediation Market.
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