Market by Type, Service, Technology, and Country Outlook | Forecast 2024-2032
Triton’s research report suggests that the bioremediation technology and services market in North America is predicted to advance in revenue at a CAGR of 7.38% over the forecasted period 2024-2032.
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The countries in the region include:
• United States
• Canada
Government regulations and policies in the region are anticipated to stimulate the bioremediation technology and services market. Various local and international entities are actively promoting environmental conservation, with the US Environmental Protection Agency being noteworthy among them. North America has experienced significant repercussions from the pandemic, leading to a substantial increase in waste production, particularly from personal protective equipment and single-use plastics. As a result, there is an urgent demand for bioremediation technology.
The swift pace of urbanization and industrial expansion has brought forth numerous challenges, including soil and groundwater pollution in the US. Consequently, this has stimulated the demand for bioremediation solutions. In response to these issues, the United States Environmental Protection Agency (EPA) endeavors to address and enhance the conditions of contaminated areas worldwide. One of its notable initiatives is the Superfund Program, which is dedicated to the remediation of polluted regions within the country. Hence, these factors significantly fuel the expansion of the bioremediation technology and services market.
The advancement of industry and urban expansion has led to the improper handling and release of wastewater originating from medical, agricultural, and industrial activities. This untreated wastewater poses significant risks to both human health and the environment, necessitating effective wastewater treatment measures. Microorganisms such as bacteria, fungi, protozoa, and microalgae play pivotal roles in aiding wastewater treatment processes. Additionally, bioreactors are employed to facilitate microbial-based remediation of wastewater.
The market is broadly sectioned into service, type, and technology. The service segment further includes wastewater, soil, oilfield, and other remediation services.
Some of the renowned companies in the market comprise Aquatech International LLC, Carus Group Inc, Verde Environmental Group, Drylet Inc, and Xylem Inc.
Aquatech International LLC is at the forefront of water purification technology for infrastructure and industrial sectors, specializing in water recycling, desalination, and zero liquid discharge. It caters to diverse industries such as food and beverage, biofuels, homecare and beauty, infrastructure and municipal services, mining and metals, automotive, power generation, refining and petrochemicals, upstream oil and gas, and unconventional oil and gas. With a robust global presence, it is headquartered in the US.
KEY DELIVERABLES OF THE REPORT:
Market CAGR during the forecasting years 2024-2032
Detailed data highlighting key insights, industry components, and market strategies
Comprehensive information and estimation of the bioremediation technology and services market revenue growth in North America and its influence on the parent market
In-depth study of forthcoming trends in consumer behavioral patterns
A meticulous analysis of the competitive landscape and Porter’s Five Forces
A wide-ranging study of factors that will challenge the North America bioremediation technology and services market’s growth during the upcoming years
1. NORTH
AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
ANALYSIS ON THE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET
2.1.1. COVID-19
IMPACT
2.2. PORTER’S
FIVE FORCES ANALYSIS
2.2.1. THREAT
OF NEW ENTRANTS
2.2.2. THREAT
OF SUBSTITUTES
2.2.3. BARGAINING
POWER OF BUYERS
2.2.4. BARGAINING
POWER OF SUPPLIERS
2.2.5. THREAT
OF COMPETITIVE RIVALRY
2.3. KEY
BUYING IMPACT ANALYSIS
2.3.1. TIME
2.3.2. PRICE
2.3.3. PERFORMANCE
2.4. INDUSTRY
COMPONENTS
2.4.1. SITE
ASSESSMENT
2.4.2. SELECTION
AND MONITORING
2.4.3. SITE
RESTORATION
2.5. KEY
MARKET STRATEGIES
2.5.1. COLLABORATIONS
2.5.2. PRODUCT
LAUNCHES
2.5.3. ACQUISITIONS
2.6. MARKET
DRIVERS
2.6.1. INCREASE
IN INDUSTRIALIZATION AND ITS IMPACT ON THE ENVIRONMENT
2.6.2. INCREASING
RESEARCH AND DEVELOPMENT IN BIOREMEDIATION
2.6.3. EXPANDING
APPLICATIONS IN THE COMMERCIAL SECTOR
2.7. MARKET
CHALLENGES
2.7.1. UNCERTAINTY
ASSOCIATED WITH SITE
2.7.2. LONG
DURATION OF BIOREMEDIATION PROCESSÂ Â Â Â Â Â Â
2.8. MARKET
OPPORTUNITIES
2.8.1. INCREASING
INCORPORATION OF NANOTECHNOLOGY INTO BIOREMEDIATION PRACTICES
2.8.2. RISING
INNOVATION IN METAGENOMICS AND GENOMICS TO FIND AND MODIFY MICROORGANISMS
2.9. ANALYST
PERSPECTIVE
3. NORTH
AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – BY TYPE
3.1. IN-SITU
BIOREMEDIATION
3.2. EX-SITU
BIOREMEDIATION
4. NORTH
AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – BY SERVICE
4.1. SOIL
REMEDIATION
4.2. WASTEWATER
REMEDIATION
4.3. OILFIELD
REMEDIATION
4.4. OTHER
SERVICES
5. NORTH
AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – BY TECHNOLOGY
5.1. PHYTOREMEDIATION
5.2. BIOSTIMULATION
5.3. BIOAUGMENTATION
5.4. BIOREACTORS
5.5. FUNGAL
REMEDIATION
5.6. LAND-BASED
TREATMENTS
6. NORTH
AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – BY COUNTRY OUTLOOK
6.1. COUNTRY
ANALYSIS
6.1.1. UNITED
STATES
6.1.1.1. UNITED
STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET FORECAST & PROSPECTS
6.1.2. CANADA
6.1.2.1. CANADA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. SEVENSON
ENVIRONMENTAL SERVICES INC
7.1.1. OVERVIEW
7.1.2. PRODUCT
PORTFOLIO
7.1.3. KEY
STRENGTH
7.1.4. KEY
CHALLENGE
7.2. SOILUTIONS
LTD
7.2.1. OVERVIEW
7.2.2. PRODUCT
PORTFOLIO
7.2.3. KEY
STRENGTH
7.2.4. KEY
CHALLENGE
7.3. AQUATECH
INTERNATIONAL LLC
7.3.1. OVERVIEW
7.3.2. PRODUCT
PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGES
7.4. CARUS GROUP
INC
7.4.1. OVERVIEW
7.4.2. PRODUCT
PORTFOLIO
7.4.3. KEY
STRENGTH
7.4.4. KEY
CHALLENGE
7.5. DRYLET
INC
7.5.1. OVERVIEW
7.5.2. PRODUCT
PORTFOLIO
7.5.3. KEY
STRENGTH
7.5.4. KEY
CHALLENGES
7.6. VERDE
ENVIRONMENTAL GROUP
7.6.1. OVERVIEW
7.6.2. PRODUCT
PORTFOLIO
7.6.3. KEY
STRENGTH
7.6.4. KEY
CHALLENGE
7.7. XYLEM
INC
7.7.1. OVERVIEW
7.7.2. PRODUCT
PORTFOLIO
7.7.3. KEY
STRENGTH
7.7.4. KEY
CHALLENGES
7.8. REGENESIS
REMEDIATION SOLUTIONS
7.8.1. OVERVIEW
7.8.2. PRODUCT
PORTFOLIO
7.8.3. KEY
STRENGTH
7.8.4. KEY
CHALLENGE
7.9. RT
ENVIRONMENTAL SERVICES INC
7.9.1. OVERVIEW
7.9.2. PRODUCT
PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGE
7.10. IVEY
INTERNATIONAL INC
7.10.1. OVERVIEW
7.10.2. PRODUCT
PORTFOLIO
7.10.3. KEY
STRENGTH
7.10.4. KEY
CHALLENGE
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2024-2032
(IN $ MILLION)
TABLE 2: LIST OF
COLLABORATIONS
TABLE 3: LIST OF PRODUCT
LAUNCHES
TABLE 4: LIST OF ACQUISITIONS
TABLE 5: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2024-2032 (IN $
MILLION)
TABLE 6: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2024-2032 (IN $
MILLION)
TABLE 7: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2024-2032 (IN $
MILLION)
TABLE 8: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2024-2032
(IN $ MILLION)
FIGURE 1: KEY BUYING IMPACT
ANALYSIS
FIGURE 2: INDUSTRY COMPONENTS
FIGURE 3: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2023 & 2032 (IN %)
FIGURE 4: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY IN-SITU BIOREMEDIATION,
2024-2032 (IN $ MILLION)
FIGURE 5: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY EX-SITU BIOREMEDIATION,
2024-2032 (IN $ MILLION)
FIGURE 6: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2023 & 2032 (IN
%)
FIGURE 7: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SOIL REMEDIATION, 2024-2032
(IN $ MILLION)
FIGURE 8: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY WASTEWATER REMEDIATION,
2024-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OILFIELD REMEDIATION,
2024-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OTHER SERVICES, 2024-2032 (IN
$ MILLION)
FIGURE 11: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2023 & 2032
(IN %)
FIGURE 12: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY PHYTOREMEDIATION, 2024-2032
(IN $ MILLION)
FIGURE 13: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOSTIMULATION, 2024-2032 (IN
$ MILLION)
FIGURE 14: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOAUGMENTATION, 2024-2032
(IN $ MILLION)
FIGURE 15: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOREACTORS, 2024-2032 (IN $
MILLION)
FIGURE 16: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY FUNGAL REMEDIATION, 2024-2032
(IN $ MILLION)
FIGURE 17: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY LAND-BASED TREATMENTS,
2024-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2023 &
2032 (IN %)
FIGURE 19: UNITED STATES
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2024-2032 (IN $ MILLION)
FIGURE 20: CANADA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2024-2032 (IN $ MILLION)