Market by Type, Technology, Services, and Country Outlook | Forecast 2022-2028
According to a research report by Triton, the Asia-Pacific bioremediation technology and services market is anticipated to surge at a CAGR of 9.24% during the forecast period 2022-2028.
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The
countries scrutinized in the region include:
• Japan
• China
• South Korea
• India
• Australia & New Zealand
• ASEAN Countries
• Rest of Asia-Pacific
The region's rapidly
increasing population, urbanization, and industrialization have resulted in
many polluted sites across the countries. This has increased the demand for bioremediation
technologies and services. Growing public awareness of these polluted areas'
adverse effects and government regulation compliances to protect the
environment have further encouraged market growth. Additionally, government
initiatives for the conservation of rivers using bioremediation and the
involvement of public-private partnerships for bioremediation-related
activities are expected to drive the region's market growth during the forecast
period.
The rapid rise of
China's economy, accompanied by accelerated industrialization, has severely
influenced the ecological environment, resulting in increased soil
contamination. In 2019, the country generated the highest single-use plastic
waste, with 25.4 million metric tons. To reduce such waste and soil
contamination, the country’s government is introducing various initiatives. For
instance, in 2021, the Ministry of
Ecology and Environment issued guiding opinions on strengthening the response
to Climate Change and Ecological Environmental Protection to formulate the
country’s roadmap for low carbon development. Such government measures
are projected to enhance market growth during the predicted period.
Japan is one of the
biggest producers of plastic packaging waste. The Water Pollution Prevention
Act of the country establishes limits for wastewater discharge into public
water sources, to prevent groundwater contamination. The Soil Contamination
Countermeasures Act (SCCA) also mandated that the state of soil contamination
for particular dangerous compounds be investigated. The country set a goal to
reduce greenhouse gas emissions for 2030 by 26% from the levels applied in
2013. The act on the Rational Use and Proper Management of Fluorocarbons
encouraged trash recycling throughout the country. Such government measures and
public awareness about the health consequences of hazardous waste are likely to
boost the growth potential of the bioremediation technology and service
industry.
Biostimulation involves
the addition of nutrients to a contaminated sample in order to stimulate the
activities of autochthonous microbes that assist in bioremediation. The process
includes providing manures, development enhancements and minor elements.
Biostimulation process speeds up the microbial activities in contaminated sites
and thereby accelerates the degradation process. Therefore, the segment is
anticipated to experience an increase in demand during the forecast period.
The studied report assesses the
market's growth based on type,
service, and technology. Here, the technology segment
comprises biostimulation, bioaugmentation,
phytoremediation, fungal remediation, bioreactors, and land-based treatments.
Ivey
International Inc, Soilutions Ltd, Sumas Environmental Services, Sarva Bio
Remed LLC, InSitu Remediation Services Ltd, Regenesis Remediation Solutions,
and Drylet Inc are some esteemed players in the bioremediation technology and
services market.
Ivey International Inc, founded in 1993, delivers market-leading solutions for restoring air, soil, and water quality to environmental contractors, environmental consultants, property developers, and oil and gas industries. The company has received acclaim for developing remediation technologies for vapor, bedrock, soil, and groundwater cleanup. The company has approximately ten distributors spread over six continents.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
·
Comprehensive
information and estimation of the bioremediation technology and services market
revenue growth in Asia-Pacific and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter's Five Forces Model
·
A
wide-ranging study of factors that will challenge the Asia-Pacific
bioremediation technology and services market's growth during the upcoming
years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET
2.2. KEY
INSIGHTS
2.2.1. ADOPTION
OF NANOTECHNOLOGY FOR WASTEWATER MANAGEMENT
2.2.2. RAPID
ADOPTION OF IN SITU BIOREMEDIATION TECHNOLOGY
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. PRICE
2.4.2. TIME
2.4.3. PERFORMANCE
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. INDUSTRY
COMPONENTS
2.7.1. SITE
ASSESSMENT
2.7.2. SELECTION
AND MONITORING
2.7.3. SITE
RESTORATION
2.8. KEY
MARKET STRATEGIES
2.8.1. MERGERS
& ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.8.3. PARTNERSHIPS
& AGREEMENTS
2.9. MARKET
DRIVERS
2.9.1. INCREASING
RESEARCH AND DEVELOPMENT IN BIOREMEDIATION
2.9.2. APPLICATIONS
OF BIOREMEDIATION IN DIFFERENT INDUSTRIES
2.10. MARKET
CHALLENGES
2.10.1. LONG
DURATION OF BIOREMEDIATION PROCESS
2.10.2. DEPENDENCE
OF BIOREMEDIATION ON ENVIRONMENTAL FACTORS
2.11. MARKET
OPPORTUNITIES
2.11.1. FUNGAL
REMEDIATION TO GAIN TRACTION
2.11.2. INCORPORATION
OF OXYGEN-RELEASING COMPOUNDS IN AEROBIC BIOREMEDIATION
3. ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY TYPE
3.1. IN
SITU BIOREMEDIATION
3.2. EX
SITU BIOREMEDIATION
4. ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY TECHNOLOGY
4.1. PHYTOREMEDIATION
4.2. BIOSTIMULATION
4.3. BIOAUGMENTATION
4.4. BIOREACTORS
4.5. FUNGAL
REMEDIATION
4.6. LAND-BASED
TREATMENTS
5. ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY SERVICE
5.1. SOIL
REMEDIATION
5.2. WASTEWATER
REMEDIATION
5.3. OILFIELD
REMEDIATION
5.4. OTHER
SERVICES
6. ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – COUNTRY OUTLOOK
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH
KOREA
6.5. ASEAN
COUNTRIES
6.6. AUSTRALIA
& NEW ZEALAND
6.7. REST
OF ASIA-PACIFIC
7. COMPETITIVE
LANDSCAPE
7.1. ALTOGEN
LABS
7.2. DRYLET
INC
7.3. PROBIOSPHERE
INC
7.4. REGENESIS
REMEDIATION SOLUTIONS
7.5. XYLEM
INC
7.6. INSITU
REMEDIATION SERVICES LTD
7.7. RT
ENVIRONMENTAL SERVICES INC
7.8. SARVA
BIO REMED LLC
7.9. SEVENSON
ENVIRONMENTAL SERVICES INC
7.10. SUMAS
ENVIRONMENTAL SERVICES
7.11. VERDE
ENVIRONMENTAL GROUP
7.12. SOILUTIONS
LTD
7.13. AQUATECH
INTERNATIONAL
7.14. IVEY
INTERNATIONAL INC
7.15. CARUS
CORPORATION LLC
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028
(IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
MERGERS & ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 6: APPLICATION OF
BIOREMEDIATION IN DIFFERENT FIELDS
TABLE 7: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $
MILLION)
TABLE 8: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $
MILLION)
TABLE 9: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $
MILLION)
TABLE 10: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028
(IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: INDUSTRY
COMPONENTS
FIGURE 4: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 5: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY IN SITU BIOREMEDIATION,
2022-2028 (IN $ MILLION)
FIGURE 6: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY EX SITU BIOREMEDIATION,
2022-2028 (IN $ MILLION)
FIGURE 7: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2021 & 2028
(IN %)
FIGURE 8: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY PHYTOREMEDIATION, 2022-2028
(IN $ MILLION)
FIGURE 9: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOSTIMULATION, 2022-2028 (IN
$ MILLION)
FIGURE 10: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOAUGMENTATION, 2022-2028
(IN $ MILLION)
FIGURE 11: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOREACTORS, 2022-2028 (IN $
MILLION)
FIGURE 12: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY FUNGAL REMEDIATION, 2022-2028
(IN $ MILLION)
FIGURE 13: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY LAND-BASED TREATMENTS,
2022-2028 (IN $ MILLION)
FIGURE 14: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2021 & 2028 (IN
%)
FIGURE 15: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SOIL REMEDIATION, 2022-2028
(IN $ MILLION)
FIGURE 16: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY WASTEWATER REMEDIATION,
2022-2028 (IN $ MILLION)
FIGURE 17: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OILFIELD REMEDIATION,
2022-2028 (IN $ MILLION)
FIGURE 18: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OTHER SERVICES, 2022-2028 (IN
$ MILLION)
FIGURE 19: ASIA-PACIFIC
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, COUNTRY OUTLOOK, 2021 & 2028
(IN %)
FIGURE 20: CHINA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)
FIGURE 21: JAPAN
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)
FIGURE 22: INDIA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)
FIGURE 23: SOUTH KOREA
BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)
FIGURE 24: ASEAN
COUNTRIES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)
FIGURE 25: AUSTRALIA &
NEW ZEALAND BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $
MILLION)
FIGURE 26: REST OF
ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $
MILLION)