NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

Energy, Power & Utilities | Environment Services

NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET 2022-2028

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

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A report by Triton Market Research has highlighted that North America's bioremediation technology and services market would grow with a CAGR of 8.33% in the forecasted period between 2022 and 2028.


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The countries studied across the region include:

•         Canada

•         The United States

The region's market is expected to grow owing to favorable regulations and policies by the governments. Further, efforts to promote environmental conservation by organizations such as the US Environmental Protection Authority are also expected to enhance the adoption of bioremediation. Additionally, rapid industrialization and urbanization have led to groundwater and soil contamination. Such degradation and contamination is boosting the demand for bioremediation technology and services in the region.

In the United States, the Environment Protection Authority (EPA) works toward treating and improving contaminated regions. The authority runs a Superfund Program, which aims to clean the polluted regions in the country. The country's Superfund Research Program of the National Institute of Environmental Health Sciences encourages research into new bioremediation solutions for hazardous wastes. This research was also financed by the US Department of Energy's Biological and Environmental Research program. Additionally, the presence of established players boosts the country's market growth.

In Canada, terrestrial bioremediation has proven successful by encouraging new research into its potential use in the marine environment. The country's government has implemented several programs and rigorous restrictions that provide an opportunity to minimize water scarcity. In 2018, the country invested $45.5 million to start the Multi-Partner Research Initiative (MPRI) for encouraging oil spill research by experts and improving the country's preparedness and response capabilities. Government initiatives and financing to support the country's bioremediation activities are projected to drive market growth throughout the forecast period.

Ex situ treatment entails transporting contaminated material to a remote treatment facility. This involves excavating contaminated soil and transporting it offsite. The primary benefit of ex situ bioremediation is that it helps to restrict and regulate bioremediation products or equipment while also making the polluted area useful. Ex situ procedures are more efficient, easier to regulate, and can treat a wider spectrum of pollutants. As a result, the segment is predicted to rise during the forecast period.

The studied report assesses the market's growth based on type, technology and service. Here, the type segment comprises in situ bioremediation and ex situ bioremediation.

The established players in the bioremediation technology and services market include RT Environmental Services Inc, Altogen Labs, Drylet Inc, Regenesis Remediation Solutions, InSitu Remediation Services Ltd, Sevenson Environmental Services Inc, and Carus Corporation LLC.

Founded in 2008, Altogen Labs is a laboratory practice-compliant contract research services laboratory that provides biotechnology research services for biotechnology, pharmaceutical and academic institutions worldwide. One of the company's biotechnology focus areas is the development of innovative bioremediation methods. In vivo toxicity investigations, effectiveness studies, drug discovery, drug development, and other research and development studies are among the services the company provides.


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 the bioremediation technology and services market revenue growth in North 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 Analysis Model


      A wide-ranging study of factors that will challenge the North America the 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. NORTH 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. NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET OUTLOOK - BY TYPE      

3.1. IN SITU BIOREMEDIATION      

3.2. EX SITU BIOREMEDIATION     

4. NORTH 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. NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKT OUTLOOK - BY SERVICE  

5.1. SOIL REMEDIATION      

5.2. WASTEWATER REMEDIATION

5.3. OILFIELD REMEDIATION         

5.4. OTHER SERVICES        

6. NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET – COUNTRY OUTLOOK   

6.1. UNITED STATES

6.2. CANADA    

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

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

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

TABLE 10: NORTH 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:    NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, BY TYPE, 2021 & 2028 (IN %)

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

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

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

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

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

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

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

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

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

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

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

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

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

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

FIGURE 19:  NORTH AMERICA BIOREMEDIATION TECHNOLOGY AND SERVICES MARKET, COUNTRY 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)

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