LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

Energy, Power & Utilities | Environment Services

LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

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

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According to Triton's research report, the Latin America bioremediation technology and services market is estimated to progress with a CAGR of 9.09% during the forecast period 2022-2028.


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The countries studied across the region include:

•         Mexico

•         Brazil

•         Rest of Latin America

In Latin America, the main causes of soil pollution are agrochemicals and fertilizers used in agriculture and emissions from transportation infrastructure, mining, and quarries. Other regional activities, such as livestock, industrial, and energy generation, also contribute to soil pollution. This will likely drive the market by increasing demand for bioremediation technology and services to address this issue. Further, rapidly expanding commercial sectors, as well as infrastructures such as refineries, oil and gas stations, and other facilities, are likely to boost the expansion of the countries' bioremediation technology and services market.

In Mexico, the major sources of trash are residual sawmill biomass from forests and cattle, solid urban waste from municipalities, waste from agriculture and fisheries operations, special handling waste from health services, and transportation, building, and technology sectors. This calls for bioremediation technology and services adoption in the country to manage the waste efficiently. In the coming years, the use of this technology and associated services would increase with the rise in waste generation, which would spur the market growth in the country.

In Chile, various government environmental protection efforts are projected to improve the country's bioremediation market. Within the framework of the US-Chile Environmental Cooperation Agreement, the Environmental Protection Agency and the Chilean Ministry of Environment announced the Megacities Partnership for the Santiago Metropolitan Region. This collaboration aims to improve air quality, provide public health benefits, and safeguard the environment. To limit emissions, the country also developed emission and environmental quality guidelines. Chile is studied under Rest of Latin America.

The process of wastewater remediation is assisted by bacteria, fungi, protozoa, and microalgae. With the advancement of technology, numerous green techniques for wastewater cleanup are being reported. For example, establishing a partnership between microorganisms and plant systems will demonstrate greater sustainability in wastewater cleanup. Green nanoparticles created using microalgae cells are also projected to assist wastewater treatment, increasing the segment's growth potential.

The studied report assesses the market's growth according to technology, service and type. Here, the service segment includes wastewater remediation, oilfield remediation, soil remediation, and other services.

Altogen Labs, InSitu Remediation Services Ltd, Aquatech International, RT Environmental Services Inc, Carus Corporation LLC, Sumas Environmental Services, and Regenesis Remediation Solutions are the key players in the bioremediation technology and services market.

Carus Corporation LLC, founded in 1969, delivers global environmental solutions to meet the expanding needs of its customers. The company serves various end-users, such as municipal, food and beverage air and wastewater, mining, oil and gas, remediation, pharmaceutical, gas purification, equipment, etc. One of the company's products, Sulfate BioChem (SBC), delivers soluble sulfates and compounds that aid in developing and promoting redox processes to sustain oxidation via sulfate reductions.


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 Latin 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, vendor scorecard, and Porter's Five Forces Model

·       A wide-ranging study of factors that will challenge the Latin America 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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Table of Content

1. LATIN AMERICA 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. LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY TYPE      

3.1. IN SITU BIOREMEDIATION      

3.2. EX SITU BIOREMEDIATION     

4. LATIN AMERICA 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. LATIN AMERICA 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. LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – COUNTRY OUTLOOK   

6.1. BRAZIL      

6.2. MEXICO    

6.3. REST OF LATIN AMERICA       

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

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

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

TABLE 10: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)          

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 19: LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

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

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

FIGURE 22: REST OF LATIN AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028 (IN $ MILLION)

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