Environmental Remediation Market by Technique (Soil, Sediment, Ground & Surface Water), Site, Application (Manufacturing, Industrial & Chemical Production, Agriculture, Landfills & Waste Disposal Site), and Geography - Global Forecast to 2030

The Environmental Remediation Market is projected to reach $190.2 billion by 2030, at a CAGR of 7.1% during the forecast period of 2024–2030. The growth of this market is attributed to the rise in government initiatives for environmental protection, increasing focus on the development of environment-friendly industries, and rapid industrialization and urbanization in developing countries. In addition, the development of advanced remediation technologies and stringent environmental regulations are expected to offer significant opportunities for the growth of this market.

However, technical & non-technical factors in complex sites are a challenge for market growth. Furthermore, the high cost of excavation equipment may restrain the market growth to a certain extent.

Nanoremediation techniques are a major trend in the global environmental remediation market.

Impact of COVID-19 on the Environmental Remediation Market

The COVID-19 pandemic impacted the worldwide economy. Governments worldwide imposed countrywide lockdowns to control the spread of the infection. Several companies temporarily shut down or reduced their operations due to lockdowns and other measures implemented to curb the spread of the virus. This decreased the demand for remediation services, negatively impacting these companies' revenue. The economic downturn caused by the pandemic has also led to a decrease in funding for environmental remediation projects, further impacting market growth.

However, the pandemic has also brought increased attention to the importance of environmental protection and the role of environmental remediation in preserving public health. There is a greater need for remediation in the future as these pollutants accumulate over time. Overall, the impact of COVID-19 on the environmental remediation market has been mixed. While some companies have experienced a decline in demand, others have seen an increase in the need for their services

Several leading environmental remediation players leveraged this crisis as a new opportunity to restructure and expand their product offerings. For instance,

• In March 2021, AECOM (U.S.) launched the first large-scale field demonstration of its DE-FLUORO, an environmentally sustainable treatment technology to eliminate Per- and Polyfluoroalkyl Substances (PFAS) chemicals from contaminated liquids without generating hazardous waste.
• In December 2021, Pan Dacom Direkt GmbH (Germany) launched its pluggable muxponder card SPEED-MUX 800G for boosting optical network architecture and operations that provide data rates of up to 400 Gbps.
• In April 2020, the Electronics and Telecommunications Research Institute (ETRI) (South Korea) developed a 400Gbps optical fiber transceiver engine that provides stable and improved data transfer speed for data centers.

Such developments, along with the rising need to remove pollution or contaminants from the environment, support the growth of this market.

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Government Initiatives for Environmental Protection are Expected to Drive Market Growth

There has been a rise in government initiatives for environmental protection in recent years, which has positively impacted the environmental remediation market. Governments worldwide have implemented various policies, standards, and regulations to protect the environment and reduce pollution, including laws related to waste management, groundwater treatment, and contamination. For instance, in March 2020, the U.S. Department of Energy announced that environmental management workers started upgrading aging radiological wastewater treatment infrastructure essential to Oak Ridge National Laboratory (ORNL) operations by installing a new zeolite treatment system, designed to remove cesium and strontium from wastewater.

Furthermore, environment protection acts such as The Environment Protection Act, 1986; The Water (Prevention and Control of Pollution) Act, 1974; and The National Green Tribunal Act, 2010, among others, have increased funding for environmental remediation projects and demand for remediation services. In addition to government initiatives, increasing awareness about the importance of environmental protection among the general public has also positively impacted the environmental remediation market.

Sweden has incorporated the Urban Wastewater Directive mainly in Swedish legislation within the framework of the Environmental Code and its ordinances and regulations. The requirements are mainly incorporated in Swedish legislation by the Swedish EPA’s regulations (NFS 2016: 6) on treating and controlling wastewater discharge from urban areas and the Environmental Assessment Ordinance (2013: 251).

As governments continue to prioritize environmental protection, this trend will likely boost the growth of this market.

Key Findings in the Environmental Remediation Market Study:

In 2024, the Ground & Surface Water Remediation Segment is Expected to Dominate the Environmental Remediation Market

Based on technique, the environmental remediation market is segmented into soil remediation, sediment remediation, and ground & surface water remediation. In 2024, the ground & surface water remediation segment is expected to account for the largest share of this market. This segment is also projected to register the highest CAGR during the forecast period. The large market share and fast growth of this market are mainly attributed to the stringent regulations and policies aimed at protecting the environment and reducing pollution, unorganized waste disposal practices and accidental spillage of hazardous chemicals into water bodies, rising health concerns due to contaminated water sources, and increasing water remediation efforts by companies and individuals.

In 2024, the Manufacturing, Industrial & Chemical Production Segment is Expected to Dominate the Environmental Remediation Market

Based on application, the environmental remediation market is segmented into manufacturing, industrial & chemical production, agriculture, landfills & waste disposal site, mining & forestry, oil & gas, construction & land development, and other application. In 2024, the manufacturing, industrial and chemical production segment is expected to account for the largest share of the global environmental remediation market. The large market share of this segment is mainly attributed to the growing need for cleaning up contaminated sites, increasing government stringent regulations and policies, the rising need for environmental remediation for efficient industrial operations, and rising concerns over environmental pollution.

However, the landfills and waste disposal site segment is expected to register the highest CAGR during the forecasted period due to the increasing initiatives toward remediation of groundwater and government regulations and policies for environmental protection in landfills & disposal sites.

Asia Pacific to be the Fastest Growing Regional Market

Based on geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. During the forecast period, Asia-Pacific is projected to register the highest CAGR. The growth of this market is mainly attributed to the increasing pollution and environmental degradation, surge in environmental regulations, growing awareness about the importance of environmental protection, and the need to address pollution and contamination caused by rapid industrialization and urbanization in the region.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by the leading market participants in the environmental remediation market between 2020 and 2024. The key players profiled in the environmental remediation market report are Jacobs Solutions Inc. (U.S.), Tetra Tech, Inc. (U.S.), DEME NV (Belgium), BRISEA Group, Inc. (BRISEA) (U.S.), Weber Ambiental (Brazil), Amentum Services, Inc. (U.S.), In-Situ Oxidative Technologies, Inc. (ISOTEC) (U.S.), NorthStar Group Services, Inc. (U.S.), Golder Associates (a subsidiary of WSP Global Inc.) (Canada), Clean Harbors, Inc. (U.S.), AECOM (U.S.), ENTACT, LLC (U.S.), Terra Systems, Inc. (U.S.), Engineering and Maintenance Solutions (EMS) (Australia), HDR, Inc. (U.S.), Bechtel Corporation (U.S.), Stantec Inc. (Canada), GEO (U.S.), Newterra Inc. (Canada), HEPACO (U.S.), and Sequoia Environmental Remediation Inc. (Canada).

Scope of the report:

Environmental Remediation Market by Technique                         

• Soil remediation   
  • In-situ Soil Remediation Technique
    • Electrokinetics
    • Vitrification
    • Grouting
    • Chemical Oxidation
    • Thermal Desorption
    • Phytoremediation
    • Bioremediation
    • Soil Vapor Extraction
    • Other In-situ Soil Remediation Techniques
  • Ex-situ Soil Remediation Technique
    • Landfilling
    • Soil washing
    • Solidification
    • Excavation
    • Other Ex-situ Soil Remediation Techniques
• Sediment remediation
  • In-situ Sediment Remediation Technique
    • Capping
    • Stabilization
    • Solidification
    • Other In-situ Sediment Remediation Treatment Techniques
  • Ex-situ Sediment Remediation Technique
    • Environmental dredging
    • Solvent extraction
    • Soil washing
    • Containment barriers
    • Excavation
    • Thermal Treatments
    • Other Ex-situ Sediment Remediation Techniques
• Ground & Surface Water remediation
  • In-situ Groundwater and Surface Water Remediation Technique
    • Air Sparging
    • Bioremediation
    • In-well Air Sparging
    • Chemical Oxidation
    • Thermal Treatment
    • Phytoremediation
    • Other In-situ Ground & Surface Water Remediation Techniques
  • Ex-situ Groundwater and Surface Water Remediation Technique
    • Stream stripping
    • Oxygen Stripping
    • Multi-phase extraction (MPE)
    • Carbon absorption
    • Permeable Reactive Barriers
    • Other Ex-situ Ground & Surface Water Remediation Techniques

Environmental Remediation Market, by Site

• Private
• Public     

Environmental Remediation Market, by Application

• Manufacturing, Industrial and Chemical Production
• Agriculture
• Landfills & Waste Disposal Site
• Mining & Forestry
• Oil & Gas
• Construction & Land Development
• Other Applications               

Environmental Remediation Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Sweden
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Singapore
  • Malaysia
  • Australia & New Zealand
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa

Key questions answered in the report: