GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

Energy, Power & Utilities | Environment Services

GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

Market by Type, Technology, Services, and Regional Outlook | Forecast 2022-2028

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Bioremediation uses microorganisms to reduce pollution by the biological degradation of contaminants into non-toxic substances. It is an eco-friendly, scalable and cost-effective approach to pollution management. The technology and services have gained very much importance because of their potential to remove various organic and inorganic contaminants from various components of the environment.

According to a report by Triton Market Research, the Global Bioremediation Technology and Services Market is likely to reach $219.69 billion by 2028, with a CAGR of 8.70% from $122.74 billion in 2021 during the forecast period 2022-2028.


Click here to check out our blog on the Global Bioremediation Technology and Services Market

MARKET PERFORMANCE- DRIVERS, CHALLENGES AND TRENDS

Different applications of bioremediation technology and services in the commercial sector and increasing research and development in bioremediation are expected to drive market growth during the forecast period. Bioremediation finds application in various fields. For instance, bioremediation technology is used to process nuclear waste. Phytoremediation can be used for the decontamination of radioactive sites. This method uses plants to remove or transfer the radionuclides in the contaminated soil and helps treat large-scale radionuclide pollution. The benefits offered by bioremediation technology and services are expected to further fuel their adoption in various applications.

However, the long duration of the bioremediation process and the dependency on environmental factors hamper the market growth. The process starts with isolating the polluted site conditions, identifying the resident microbes, analyzing the catabolic activities, and then developing the field plan. The efficiency of the bioremediation process is highly susceptible to the site's microbial growth and other environmental parameters. The slow recovery time of the process is a major challenge for the market.

Adopting the in situ bioremediation process and nanotechnology for wastewater management are expected to create opportunities in the market. This is a cost-effective method due to minimal site disruption. The process is preferred because it requires less physical work and eliminates the spread of contaminants by pumping them away to different treatment locations. The time required to treat subsurface pollution using an accelerated in situ process is less than the pump and treat process.



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KEY GEOGRAPHIES COVERED:

•         North America: United States and Canada

•         Europe: United Kingdom, France, Germany, Spain, Italy, and Rest of Europe

•         Asia-Pacific: China, Japan, India, South Korea, ASEAN Countries, Australia & New Zealand, and Rest of Asia-Pacific

•         Latin America: Brazil, Mexico, and Rest of Latin America

•         Middle East and Africa: United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of Middle East & Africa

 

SEGMENTATION ANALYSIS – BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET

•         Market by Type:

o        In Situ Bioremediation

o        Ex Situ Bioremediation

In Situ Bioremediation is expected to be the fastest-growing segment with a CAGR of 9.10% during the forecast period. In situ process implies the entire work is done right at the contamination site, which can be polluted soil or contaminated groundwater. This bioremediation process effectively treats chlorinated solvents, dyes, hydrocarbon-polluted sites, and heavy metals. In situ bioremediation can be done intrinsically without any external force or human intervention and in an engineered approach involving the introduction of certain microorganisms to the polluted site. Given the different advantages of the in situ process compared to the other methods, the segment is expected to grow continuously during the forecast period.

•         Market by Technology:

o        Phytoremediation

o        Biostimulation

o        Bioaugmentation

o        Bioreactors

o        Fungal Remediation

o        Land-based Treatments

Fungal Remediation is estimated to be the fastest-growing segment, with a CAGR of 9.60% during the forecast period. Fungal Remediation is an ex situ form of bioremediation that degrades hazardous organics by introducing fungi into the contaminated soil via a fungal inoculum. Fungi play an important role in the bioremediation of various pollutants such as petroleum hydrocarbons, pulp and paper industry effluents, pesticides, textile dyes and others.

 

•         Market by Service:

o        Soil Remediation

o        Wastewater Remediation

o        Oilfield Remediation

o        Other Services

 

COMPETITIVE LANDSCAPE

The competitive landscape helps dive into data about the key players in the bioremediation technology and services market. The strategic initiatives for each of the companies considered have been covered in detail.

 

Acquisition (March 2019): InSitu Remediation Services Ltd and ChemScan Inc

The acquisition is expected to expand InSitu Remediation Services Ltd's ability to serve process applications, including industrial and municipal wastewater and other drinking water process markets.

Product Development (November 2019): Regenesis Remediation Solutions    

The company introduced ORC Advanced, a technology for enhancing aerobic bioremediation of contaminated groundwater.

 

Key Benefits of the Report:

      Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.

 

      Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.

 

      The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.

 

      The scope of the market report comprises the current scenario of the global bioremediation technology and services market, along with the detailed overview of the industry outlook, market dynamics, segmentation analysis, regional outlook, and competitive landscape for the period 2022-2028.

 

FAQs:

Q 1) What is phytoremediation?

Phytoremediation is the process of using plants to degrade, eliminate or convert contaminants to less hazardous chemicals. This involves the removal of metals, pesticides, solvents, raw petroleum, explosives and other pollutants from water, soils and vaporous contaminants.

Q 2) What is the purpose of oxygen-releasing compounds in bioremediation?

The addition of oxygen-releasing compounds (ORCs) is one of the ways to enhance the bioremediation rate. ORCs release oxygen when they come in contact with water in a slow manner, and significantly fasten the bioremediation process.

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Table of Content

1. GLOBAL 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. GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY TYPE 

3.1. IN SITU BIOREMEDIATION      

3.2. EX SITU BIOREMEDIATION     

4. GLOBAL 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. GLOBAL 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. GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – REGIONAL OUTLOOK

6.1. NORTH AMERICA

6.1.1. MARKET BY TYPE 

6.1.2. MARKET BY TECHNOLOGY      

6.1.3. MARKET BY SERVICE

6.1.4. COUNTRY ANALYSIS      

6.1.4.1. UNITED STATES      

6.1.4.2. CANADA        

6.2. EUROPE    

6.2.1. MARKET BY TYPE 

6.2.2. MARKET BY TECHNOLOGY      

6.2.3. MARKET BY SERVICE     

6.2.4. COUNTRY ANALYSIS      

6.2.4.1. UNITED KINGDOM   

6.2.4.2. GERMANY     

6.2.4.3. FRANCE         

6.2.4.4. SPAIN  

6.2.4.5. ITALY   

6.2.4.6. REST OF EUROPE   

6.3. ASIA-PACIFIC      

6.3.1. MARKET BY TYPE 

6.3.2. MARKET BY TECHNOLOGY      

6.3.3. MARKET BY SERVICE     

6.3.4. COUNTRY ANALYSIS      

6.3.4.1. CHINA  

6.3.4.2. JAPAN 

6.3.4.3. INDIA   

6.3.4.4. SOUTH KOREA        

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND      

6.3.4.7. REST OF ASIA-PACIFIC     

6.4. LATIN AMERICA  

6.4.1. MARKET BY TYPE 

6.4.2. MARKET BY TECHNOLOGY      

6.4.3. MARKET BY SERVICE     

6.4.4. COUNTRY ANALYSIS      

6.4.4.1. BRAZIL

6.4.4.2. MEXICO         

6.4.4.3. REST OF LATIN AMERICA 

6.5. MIDDLE EAST AND AFRICA    

6.5.1. MARKET BY TYPE 

6.5.2. MARKET BY TECHNOLOGY      

6.5.3. MARKET BY SERVICE     

6.5.4. COUNTRY ANALYSIS      

6.5.4.1. UNITED ARAB EMIRATES  

6.5.4.2. SAUDI ARABIA         

6.5.4.3. TURKEY         

6.5.4.4. SOUTH AFRICA       

6.5.4.5. REST OF MIDDLE EAST & AFRICA        

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

List of Tables

TABLE 1: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY REGIONAL 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: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)                       

TABLE 9: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)                      

TABLE 10: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY REGIONAL OUTLOOK, 2022-2028, (IN $ MILLION)           

TABLE 11: NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)                   

TABLE 12: NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)                    

TABLE 13: NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)     

TABLE 14: NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 15: EUROPE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)                       

TABLE 16: EUROPE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)                            

TABLE 17: EUROPE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)                       

TABLE 18: EUROPE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)                      

TABLE 19: ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)                             

TABLE 20: ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)                    

TABLE 21: ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)     

TABLE 22: ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)                        

TABLE 23: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)                   

TABLE 24: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

TABLE 27: MIDDLE EAST AND AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 28: MIDDLE EAST AND AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)  

TABLE 29: MIDDLE EAST AND AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)         

TABLE 30: MIDDLE EAST AND AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2021 & 2028 (IN %)

FIGURE 5: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY IN SITU BIOREMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 6: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY EX SITU BIOREMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 7: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 8: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY PHYTOREMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 9: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOSTIMULATION, 2022-2028 (IN $ MILLION)

FIGURE 10: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOAUGMENTATION, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY BIOREACTORS, 2022-2028 (IN $ MILLION)

FIGURE 12: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY FUNGAL REMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY LAND-BASED TREATMENTS, 2022-2028 (IN $ MILLION)

FIGURE 14: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SERVICE, 2021 & 2028 (IN %)

FIGURE 15: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY SOIL REMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 16: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY WASTEWATER REMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 17: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OILFIELD REMEDIATION, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY OTHER SERVICES, 2022-2028 (IN $ MILLION)

FIGURE 19: GLOBAL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 20: UNITED STATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 21: CANADA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: UNITED KINGDOM BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: GERMANY BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: FRANCE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: SPAIN BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: ITALY BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: REST OF EUROPE BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: CHINA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: JAPAN BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: INDIA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: SOUTH KOREA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: ASEAN COUNTRIES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: AUSTRALIA & NEW ZEALAND BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: REST OF ASIA-PACIFIC BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: BRAZIL BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: MEXICO BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: REST OF LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: UNITED ARAB EMIRATES BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: SAUDI ARABIA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: TURKEY BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: SOUTH AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

FIGURE 42: REST OF MIDDLE EAST & AFRICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

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