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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Environmental Remediation Market
Request Now !Environment remediation is the process of removal of contaminants or pollution from various environmental media such as soil, groundwater, sediments, and surface water. It is essential to remove the toxic and waste material in order to protect human health as well as the environment. Environment remediation is classified into water and soil remediation. The water remediation comprises of both groundwater and surface water while soil remediation consists of topsoil, subsoil, and sediment. It comprises of ex-situ and in-situ methods as a remediation technology. These technologies have applications in cleaning wastewater, aerosols, and solid waste caused due to the production of oil and gas.
Increase in demand for safety standards related to groundwater and soil has led to the growth of the environmental remediation market. However, high cost of environmental remediation equipment for excavation process is a factor that may hamper growth of the global environmental remediation market. In addition, slow implementation of environmental regulations and policies is a challenging factor that may affect the growth of the global environmental remediation market.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years | 2020–2030 |
Base Year Considered | 2020 |
Forecast Period | 2021–2030 |
Forecast Unit | Value (USD) |
Segments Covered | Site Type, Medium, Technology, Application, and Region |
Companies Covered | Clean Harbors, Inc., Dredging, Environmental and Marine Engineering NV (Deme Group), Golder Associates Corporation, Brisea Group, Inc., Entact LLC, Terra Systems, Inc., Environmental Remediation Resources Pty Ltd., GEO Inc., Newterra Ltd., and Weber Ambiental |
COVID-19 Impact Analysis
Top Impacting Factors
The growth in government policies for protection of the environment is a major factor that drives the growth of the global environmental remediation market. The rise in awareness regarding effects of toxic waste on ecology and human life among individuals and increase in initiatives for local ecology protection are also factors that increase the demand for environmental remediation. Increase in number of environment-friendly industries is another factor that fuels growth of the global environmental remediation market. Furthermore, the surge in industrial and manufacturing sectors in emerging economies as well as requirement of clean water and air with growing population are factors expected to boost the growth of the global environmental remediation market in coming years.
Market Trends
Key Benefits of Report
This study presents the analytical depiction of the environmental remediation industry along with the current trends and future estimations to determine the imminent investment pockets.
Questions Answered in Environmental Remediation Report
Key Market Segments
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