- Category : Healthcare
- Region : Global
- Publishing Date : 08/13/2020
Global Bioremediation Technology & Services Market: by Technology (Biostimulation, Bioreactors, Land-based Treatments, Phytoremediation, Bioaugmentation, and Fungal Remediation), Services (Wastewater Remediation, Soil Remediation, Oilfield Remediation, and Others) and Region - Industry Analysis and Forecast to 2025
Nowadays, industrialization and flurry of tech advancements have led to a lot of environmental issues such as an imbalance in the ecological process of soil, global warming, and unpredicted climatic changes. Bioremediation is the scientific process of neutralizing the contaminated water and soil with the help of microorganisms, fungi, and green plants. By this technique, toxic substances are breakdown into less poisonous biodegradable substances. The bioremediation technology & services market has witnessed momentous developments over the past years and is expected to grow exceedingly during the forecast period.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global bioremediation technology & services market. The historic years considered for the study are 2016-2018, the base year is 2019, the estimated year is 2020, and the forecast period is 2021-2025.
The global bioremediation technology & services market is expected to grow from USD 40.12 billion in 2020 to USD 65.75 billion by 2025 at a CAGR of 8.6%.
Global Bioremediation Technology & Services Market: Market Dynamics
Today among several popular waste disposing strategies, bioremediation is gaining considerable attention. The government bodies across the globe continue to focus on environmental protection, the bioremediation technology & services market is expected to witness conspicuous growth during the forecast period. Rise in awareness about the scarcity of natural resources, cost-effectiveness, and efficiency of bioremediation compared to other conventional technologies are expected to boost the market during the forecast period.
Global Bioremediation Technology & Services Market: Segmental Analysis
The bioremediation technology & services market can be segmented into technology and services.
Based on technology, the global bioremediation technology & services market is segmented into phytoremediation, biostimulation, bioaugmentation, bioreactors, fungal remediation, and land-based treatments. The fungal remediation segment accounts for the largest share in the bioremediation technology & services market. Increased awareness about radioactive contamination and knowledge about soil & water pollution are expected to fuel the market growth during the forecast period.
Based on services, the market is segmented into soil remediation, wastewater remediation, oilfield remediation, and others. In 2020, the wastewater remediation segment accounted for the largest market share in the global bioremediation technology & services market during the forecast period.
Global Bioremediation Technology & Services Market: Regional Analysis
Geographically, the bioremediation technology & services market is classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America dominates the global bioremediation technology & services market, owing to the presence of major key players across the region and government initiatives, and funding to protect the environment is driving the market growth in the region.
Asia-Pacific region is anticipated to grow tremendously with the highest CAGR during the forecast period.
Global Bioremediation Technology & Services Market: Competition Scenario
Key players of the bioremediation technology & services market are Altogen Labs, Aquatech International LLC, Drylet, LLC, InSitu Remediation Services Limited, Ivey International, Inc., PROBIOSPHERE Inc., REGENESIS, Sarva Bio Remed LLC, Sevenson, Environmental Services, Inc., Solutions Ltd, Sumas Remediation Services Inc., and Xylem Inc.
Critical Questions Answered in the Report
What are the key trends in the global bioremediation technology & services market?
How the market (and its various sub segments) has grown in the last four years and what would be the growth rate in the next five years?
What are the key strategies adopted by the major vendors to lead in the global bioremediation technology & services market?
What is the market share of the top vendors?
The study extensively uses both secondary and primary research methodologies. More than 100 industry experts from different phases of the value chain (supply side, demand side, resellers/distributors, and independent consultants) were interviewed to gain key insights about the market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Architecture
2.3 Scope of the Study
2.4 Related Stakeholders
3 Research Methodology
3.1 Introduction
3.2 Primary Research
3.2.1 Key Insights
3.2.2 Breakdown of Primary Interviews
3.3 Secondary Research
3.3.1 Important Sources
3.4 Market Size Estimation Approaches
3.4.1 Top-Down Approach
3.4.2 Bottom-Up Approach
3.4.3 Data Triangulation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increased government initiatives to protect soil & water
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Porter's Five Forces Model Analysis
4.7 Value Chain Analysis
4.8 Regulatory Landscape
5 Global Bioremediation Technology & Services Market, By Technology
5.1 Introduction
5.2 Biostimulation
5.3 Bioreactors
5.4 Land-based Treatment
5.5 Phytoremediation
5.6 Bioaugmentation
5.7 Fungal Remediation
6 Global Bioremediation Technology & Services Market, By Services
6.1 Introduction
6.2 Wastewater Remediation
6.3 Soil Remediation
6.4 Oilfield Remediation
6.5 Others
7 Global Bioremediation Technology & Services Market, By Region
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 France
7.3.4 Italy
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 South Korea
7.4.5 Rest of Asia-Pacific
7.5 Middle East and Africa
7.6 South America
8 Competitive Landscape
8.1 Introduction
8.2 Vendor Evaluation Criteria
8.3 Market Share Analysis, 2019 (%)
8.4 Recent Developments, 2016-2019
8.4.1 New Technology Launches
8.4.2 Partnerships
8.4.3 Mergers or Acquisitions
8.4.4 Business Expansions
9 Company Profiles
(This section covers the Business Overview, Financial Overview, Product & Service Offerings, Recent Developments, SWOT Analysis, and Key Strategies of the top market vendors. The given sequence does not represent their rankings in the market.)
9.1 Altogen Labs
9.2 Aquatech International LLC
9.3 Drylet, LLC
9.4 InSitu Remediation Services Limited
9.5 Ivey International, Inc.
9.6 PROBIOSPHERE Inc.
9.7 REGENESIS
9.8 Sarva Bio Remed LLC
9.9 Sevenson, Environmental Services, Inc.
9.10 Soilutions Ltd
9.11 Sumas Remediation Services Inc.
9.12 Xylem Inc
10 Appendix
10.1 Discussion Guide
10.2 Customization Options
10.3 Related Reports
List of Tables
Table 1 Global Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 2 Global Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 3 Global Bioremediation Technology & Services Market, By Region, 2016-2025 (USD Million)
Table 4 North America Bioremediation Technology & Services Market, By Country, 2016-2025 (USD Million)
Table 5 North America Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 6 North America Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 7 US Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 8 US Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 9 Canada Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 10 Canada Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 11 Mexico Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 12 Mexico Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 13 Europe Bioremediation Technology & Services Market, By Country, 2016-2025 (USD Million)
Table 14 Europe Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 15 Europe Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 16 Germany Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 17 Germany Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 18 UK Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 19 UK Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 20 France Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 21 France Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 22 Italy Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 23 Italy Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 24 Spain Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 25 Spain Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 26 Rest of Europe Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 27 Rest of Europe Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 28 Asia-Pacific Bioremediation Technology & Services Market, By Country, 2016-2025 (USD Million)
Table 29 Asia-Pacific Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 30 Asia-Pacific Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 31 China Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 32 China Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 33 India Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 34 India Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 35 Japan Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 36 Japan Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 37 South Korea Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 38 South Korea Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 39 Rest of Asia-Pacific Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 40 Rest of Asia-Pacific Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 41 Middle East and Africa Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 42 Middle East and Africa Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
Table 43 South America Bioremediation Technology & Services Market, By Technology, 2016-2025 (USD Million)
Table 44 South America Bioremediation Technology & Services Market, By Services, 2016-2025 (USD Million)
List of Figures
Figure 1 Global Bioremediation Technology & Services Market: Market Segmentation
Figure 2 Global Bioremediation Technology & Services Market: Research Methodology
Figure 3 Breakdown of Primary Interviews
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Data Triangulation
Figure 7 Global Bioremediation Technology & Services Market: Drivers, Restraints, Opportunities, and Challenges
Figure 8 Global Bioremediation Technology & Services Market: Porter's Five Forces Model Analysis
Figure 9 Global Bioremediation Technology & Services Market: Value Chain Analysis
Figure 10 Global Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 11 Global Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 12 Global Bioremediation Technology & Services Market Share Analysis, By Region, 2020 and 2025
Figure 13 North America Bioremediation Technology & Services Market Share Analysis, By Country, 2020 and 2025
Figure 14 North America Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 15 North America Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 16 Europe Bioremediation Technology & Services Market Share Analysis, By Country, 2020 and 2025
Figure 17 Europe Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 18 Europe Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 19 Asia-Pacific Bioremediation Technology & Services Market Share Analysis, By Country, 2020 and 2025
Figure 20 Asia-Pacific Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 21 Asia-Pacific Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 22 Middle East and Africa Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 23 Middle East and Africa Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 24 South America Bioremediation Technology & Services Market Share Analysis, By Technology, 2020 and 2025
Figure 25 South America Bioremediation Technology & Services Market Share Analysis, By Services, 2020 and 2025
Figure 26 Global Bioremediation Technology & Services Market: Competitive Benchmarking
Figure 27 Global Bioremediation Technology & Services Market: Vendor Share Analysis, 2020 (%)