North America Bioremediation Technology And Services Market Forecast 2024-2032
KEY FINDINGS
The North America bioremediation technology and services market is set to project a CAGR of 7.24% during the forecast period, 2024-2032. Favorable government regulations, various local and international organizations’ initiatives, and numerous leading industry players in the region drive the market growth.
MARKET INSIGHTS
The North Amerca bioremediation technology and services market growth analysis entails Canada and the United States. In Canada, terrestrial bioremediation has proven successful, supporting new research into its potential use in the marine environment. The government of Canada has also established strict rules and various policies that provide opportunities to reduce water scarcity. In 2018, the country also invested heavily to launch Multi-Partner Research Initiative (MPRI) to encourage oil spill research among experts and enhance the country’s response capability and preparedness.
The Department of Fisheries and Oceans (DFO) and the National Research Council (NRC) received funding from Natural Resources Canada and its Energy Research and Development program to analyze the potential of oil degradation in the Arctic environment. Moreover, the research into phytoremediation is funded by Genome Canada. It is promising biotechnology that uses plants to clean up pollutants in the soil. The research also involves sequencing the most effective microbes in soil detoxification to place new data in the public domain. Hence, government initiatives and funding to encourage Canada’s bioremediation efforts are expected to boost market growth during the forecast period.
COMPETITIVE INSIGHTS
Key companies operating in the market are Probiosphere Inc, Aquatech International, Regenesis Remediation Solutions, InSitu Remediation Services Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increased Industrialization And Corresponding Environmental Deterioration
- 3.1.2. Increasing Government Initiatives
- 3.1.3. Widening Applications In The Commercial Sector
- 3.2. Key Restraints
- 3.2.1. Long Duration Of Bioremediation Processes
- 3.2.2. Site-specific Variability And Uncertainty
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.1.1. Growing Incorporation Of Nanotechnology Into Bioremediation Practices
- 4.1.2. Increasing Progress In Metagenomics And Genomics To Find & Modify Microorganisms
- 4.2. Porter's Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Concentration Analysis
- 4.5. Value Chain Analysis
- 4.5.1. Site Assessment
- 4.5.2. Selection And Monitoring
- 4.5.3. Site Restoration
- 4.6. Key Buying Criteria
- 4.6.1. Cost
- 4.6.2. Time
- 4.6.3. Performance
- 5. Market By Type
- 5.1. In-situ Bioremediation
- 5.1.1. Market Forecast Figure
- 5.1.2. Segment Analysis
- 5.2. Ex-situ Bioremediation
- 5.2.1. Market Forecast Figure
- 5.2.2. Segment Analysis
- 6. Market By Service
- 6.1. Soil Remediation
- 6.1.1. Market Forecast Figure
- 6.1.2. Segment Analysis
- 6.2. Wastewater Remediation
- 6.2.1. Market Forecast Figure
- 6.2.2. Segment Analysis
- 6.3. Oilfield Remediation
- 6.3.1. Market Forecast Figure
- 6.3.2. Segment Analysis
- 6.4. Other Services
- 6.4.1. Market Forecast Figure
- 6.4.2. Segment Analysis
- 7. Market By Technology
- 7.1. Phytoremediation
- 7.1.1. Market Forecast Figure
- 7.1.2. Segment Analysis
- 7.2. Biostimulation
- 7.2.1. Market Forecast Figure
- 7.2.2. Segment Analysis
- 7.3. Bioaugmentation
- 7.3.1. Market Forecast Figure
- 7.3.2. Segment Analysis
- 7.4. Bioreactors
- 7.4.1. Market Forecast Figure
- 7.4.2. Segment Analysis
- 7.5. Fungal Remediation
- 7.5.1. Market Forecast Figure
- 7.5.2. Segment Analysis
- 7.6. Land-based Treatments
- 7.6.1. Market Forecast Figure
- 7.6.2. Segment Analysis
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. North America Bioremediation Technology And Services Market Drivers
- 8.1.3. North America Bioremediation Technology And Services Market Challenges
- 8.1.4. Key Players In North America Bioremediation Technology And Services Market
- 8.1.5. Country Analysis
- 8.1.5.1. United States
- 8.1.5.1.1. United States Bioremediation Technology And Services Market Size & Opportunities
- 8.1.5.2. Canada
- 8.1.5.2.1. Canada Bioremediation Technology And Services Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.2. Company Profiles
- 9.2.1. Aquatech International
- 9.2.1.1. Company Overview
- 9.2.1.2. Products List
- 9.2.1.3. Strengths & Challenges
- 9.2.2. Carus Corporation Llc
- 9.2.2.1. Company Overview
- 9.2.2.2. Products List
- 9.2.2.3. Strengths & Challenges
- 9.2.3. Drylet Inc
- 9.2.3.1. Company Overview
- 9.2.3.2. Products List
- 9.2.3.3. Strengths & Challenges
- 9.2.4. Ivey International Inc
- 9.2.4.1. Company Overview
- 9.2.4.2. Products List
- 9.2.4.3. Strengths & Challenges
- 9.2.5. Probiosphere Inc
- 9.2.5.1. Company Overview
- 9.2.5.2. Products List
- 9.2.5.3. Strengths & Challenges
- 9.2.6. Regenesis Remediation Solutions
- 9.2.6.1. Company Overview
- 9.2.6.2. Products List
- 9.2.6.3. Strengths & Challenges
- 9.2.7. Rt Environmental Services Inc
- 9.2.7.1. Company Overview
- 9.2.7.2. Products List
- 9.2.7.3. Strengths & Challenges
- 9.2.8. Sarva Bio Remed Llc
- 9.2.8.1. Company Overview
- 9.2.8.2. Products List
- 9.2.8.3. Strengths & Challenges
- 9.2.9. Sevenson Environmental Services Inc
- 9.2.9.1. Company Overview
- 9.2.9.2. Products List
- 9.2.9.3. Strengths & Challenges
- 9.2.10. Sumas Environmental Services
- 9.2.10.1. Company Overview
- 9.2.10.2. Products List
- 9.2.11. Verde Environmental Group
- 9.2.11.1. Company Overview
- 9.2.11.2. Products List
- 9.2.12. Xylem Inc
- 9.2.12.1. Company Overview
- 9.2.12.2. Products List
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