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UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

United States Bioremediation Technology and Services Market by Type (In-situ Bioremediation, Ex-situ Bioremediation) Market by Service (Soil Remediation, Wastewater Remediation, Oilfield Remediation, Other Services) Market by Technology (Phytoremediation, Biostimulation, Bioaugmentation, Bioreactors, Fungal Remediation, Land-based Treatments)


MARKET OVERVIEW

The United States bioremediation technology and services market growth is anticipated to progress at a CAGR of 7.30% during the forecast period, 2024-2032, and is set to project a revenue of $xx million by 2032.

The discharge of heavy metals from industrial, municipal, agricultural, and domestic wastewater has seriously threatened the ecosystem. The heavy metal ions are non-biodegradable and highly toxic, which can cause severe health problems in animals and humans. Also, plastics are accumulating at an alarming rate in the environment due to the rising production rate, lack of plastic degradation and low recycling rate. All these factors have indicated the global requirement for advanced bioremediation technology and services.

Rapid urbanization and industrialization have raised many challenges in the United States, such as soil and groundwater pollution and global warming, thereby propelling the growth of the country’s bioremediation technology and services market. The Environment Protection Authority (EPA) in the United States works toward treating and improving contaminated regions worldwide. The authority runs a Superfund Program, which aims to clean the polluted states of the nation.

United States Bioremediation Technology And Services Market

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The United States bioremediation technology and services market segmentation entails analysis by technology, type, and service. The service segment includes wastewater remediation, soil remediation, oilfield remediation, and other services.

The continuous rise in demand for oil as a primary energy source presents both economic opportunities and environmental challenges. While oil contributes significantly to the economy and foreign exchange, its contamination poses serious threats to groundwater quality and land stability. Oil spills, in particular, have far-reaching impacts on human health and the environment, necessitating effective remediation measures.

Oilfield remediation is essential to prevent groundwater and land contamination, especially in areas prone to oil spills. The choice of remediation method depends on various factors such as spill size, location, climate conditions, and the type of oil involved.

One of the preferred approaches to oil remediation is natural degradation, where lighter oils naturally break down over time when left undisturbed. This process involves the mixing of oil with water, promoting evaporation and bacterial consumption, leading to reduced oil contamination levels.

Bioremediation emerges as a highly effective method for reducing total petroleum hydrocarbon content in the environment without generating secondary pollution. By harnessing the natural biodegradation capacity of microorganisms, bioremediation transforms hydrocarbons into non-toxic residues, restoring contaminated soil and water at a relatively low cost. Additionally, the residues produced can be utilized for agricultural purposes, further enhancing the sustainability of the remediation process.

Given the escalating demand for oil, the oilfield bioremediation market is expected to experience significant growth in the coming forecast period, driven by the imperative to address environmental concerns while meeting energy needs.

Some of the key companies operating in the United States bioremediation technology and services market include Aquatech International, Drylet Inc, RT Environmental Services Inc, etc.

Drylet Inc is a bioremediation technology company whose proprietary biocatalysts optimize biological processes in any organic waste storage or treatment system. The company serves many industries, including livestock, protein processing, food waste rendering, agricultural production and municipal wastewater. Its products do not contain chemical ingredients and modified organisms safe for human, animal, and aquatic life. The company’s zero footprints and cost effective, zero-CAPEX solution to biosolids accumulation improve operations while reducing the harmful environmental impacts and positively impacting the bottom line. Drylet Inc is headquartered in Texas, United States.

One of its product offerings, Aqua Assist from Drylet, is an easy-to-use, dry-to-the-touch product used to maintain wastewater facilities. The product boosts the biological processing with the facility with reduced costs.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments Analyzed
Technology, Type, and Service
Countries AnalyzedUnited States
Companies AnalyzedCarus Group Inc, Drylet Inc, Ivey International Inc, Probiosphere Inc, REGENESIS Remediation Solutions, RT Environmental Services Inc, Sarva Bio Remed LLC, Sevenson Environmental Services Inc, Sumas Environmental Services, Verde Environmental Group, Xylem Inc

TABLE OF CONTENTS

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
    6. MAJOR MARKET FINDINGS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASED INDUSTRIALIZATION AND CORRESPONDING ENVIRONMENTAL DETERIORATION
      2. INCREASING GOVERNMENT INITIATIVES
      3. WIDENING APPLICATIONS IN THE COMMERCIAL SECTOR
    2. KEY RESTRAINTS
      1. LONG DURATION OF BIOREMEDIATION PROCESSES
      2. SITE-SPECIFIC VARIABILITY AND UNCERTAINTY
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
    2. PESTLE ANALYSIS
      1. POLITICAL
      2. ECONOMICAL
      3. SOCIAL
      4. TECHNOLOGICAL
      5. LEGAL
      6. ENVIRONMENTAL
    3. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. MARKET CONCENTRATION ANALYSIS
    5. VALUE CHAIN ANALYSIS
      1. SITE ASSESSMENT
      2. SELECTION AND MONITORING
      3. SITE RESTORATION
    6. KEY BUYING CRITERIA
      1. COST
      2. TIME
      3. PERFORMANCE
  5. MARKET BY TYPE
    1. IN-SITU BIOREMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. EX-SITU BIOREMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY SERVICE
    1. SOIL REMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. WASTEWATER REMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. OILFIELD REMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. OTHER SERVICES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY TECHNOLOGY
    1. PHYTOREMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. BIOSTIMULATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. BIOAUGMENTATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. BIOREACTORS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. FUNGAL REMEDIATION
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. LAND-BASED TREATMENTS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
    2. COMPANY PROFILES
      1. CARUS GROUP INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      2. DRYLET INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      3. IVEY INTERNATIONAL INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      4. PROBIOSPHERE INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      5. REGENESIS REMEDIATION SOLUTIONS
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      6. RT ENVIRONMENTAL SERVICES INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      7. SARVA BIO REMED LLC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      8. SEVENSON ENVIRONMENTAL SERVICES INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
        3. STRENGTHS & CHALLENGES
      9. SUMAS ENVIRONMENTAL SERVICES
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
      10. VERDE ENVIRONMENTAL GROUP
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST
      11. XYLEM INC
        1. COMPANY OVERVIEW
        2. PRODUCTS LIST

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – BIOREMEDIATION TECHNOLOGY AND SERVICES

TABLE 2: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: LIST OF MERGERS & ACQUISITIONS

TABLE 9: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 10: LIST OF PARTNERSHIPS & AGREEMENTS

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: MARKET CONCENTRATION ANALYSIS

FIGURE 4: VALUE CHAIN ANALYSIS

FIGURE 5: KEY BUYING CRITERIA

FIGURE 6: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023

FIGURE 7: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY IN-SITU BIOREMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 8: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY EX-SITU BIOREMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 9: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, GROWTH POTENTIAL, BY SERVICE, IN 2023

FIGURE 10: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SOIL REMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 11: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY WASTEWATER REMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 12: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OILFIELD REMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 13: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OTHER SERVICES, 2024-2032 (IN $ MILLION)

FIGURE 14: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2023

FIGURE 15: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY PHYTOREMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 16: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOSTIMULATION, 2024-2032 (IN $ MILLION)

FIGURE 17: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOAUGMENTATION, 2024-2032 (IN $ MILLION)

FIGURE 18: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOREACTORS, 2024-2032 (IN $ MILLION)

FIGURE 19: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY FUNGAL REMEDIATION, 2024-2032 (IN $ MILLION)

FIGURE 20: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY LAND-BASED TREATMENTS, 2024-2032 (IN $ MILLION)

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