Published Date: 24-Nov-2022
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According to a new report, published by KBV research, The Global Environmental Remediation Market size is expected to reach $169.6 billion by 2028, rising at a market growth of 8.1% CAGR during the forecast period.
The Private market is leading the Global Environmental Remediation Market by Site Type in 2021; thereby, achieving a market value of $107.1 billion by 2028. The water in consumer residential swimming pool can be contaminated with a variety of microbiological organisms (microbes), such as bacteria, viruses, and protozoa if the pool is not properly maintained. These microorganisms have been linked to a variety of health issues, including gastroenteritis and infections of the ear, nose, and throat.
The Soil Washing market is showcasing a CAGR of 8.4% during (2022 - 2028). It is because soil washing is an ex-situ procedure that uses physical separation and chemical leaching by aqueous solutions to remove pollutants from the soil. This method comprises an initial homogenization step in which coarse particles are sorted by density differences.
The Soil market is generating high revenue in the Global Environmental Remediation Market by Environment Medium in 2021; thereby, achieving a market value of $115.8 billion by 2028. SVE is a physical treatment method for in situ cleanups of volatile pollutants in vadose zone (unsaturated) soils. SVE also known as in situ soil venting or vacuum extraction relies on the mass transfer of contaminants from the solid (adsorbed) and liquid (aqueous or non-aqueous) phases to the gas phase, followed by the collection of the gas phase pollution at extraction wells.
The Oil & Gas market is exhibiting a CAGR of 6.6% during the forecast period. As a result of the increased demand for environmental cleanup in these two industries. The need for environmental cleaning utilizing remediation technologies and the rising awareness of environmental protection in industrial regions fuel the growth of the oil & gas application segment within the environmental remediation market.
The North America market dominated the Global Environmental Remediation Market by Region in 2021; thereby, achieving a market value of $60.9 billion by 2028. The Europe market is anticipated to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 8.7% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of WSP Global, Inc. (Golder Associates), Clean Harbors, Inc., AECOM Corporation, Stantec, Inc., HDR, Inc., Tetra Tech, Inc., Jacobs Engineering Group Inc., DEME NV and BRISEA Group, Inc.
By Site Type
By Environment Medium
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