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Global Emergency Spill Response Market forecast to reach $3.8 billion by 2025

Cognitive Market Research recently published their 17th edition of their Emergency Spill Response Market Report: Top Companies, Sales, Revenue, Forecast and Detailed Analysis. The report provides a comprehensive outlook of the Emergency Spill Response Market globally.

The Cognitive Market Research report gives a thorough examination of the market and, provides the market size and CAGR value for the forecast period 2019-2026, taking into account the past year as the base year. The study offers the major key aspects related to industry driving factors, opportunities, challenges, market threats, restraints, new products launch, geographical analysis and competitive tactics developed by key players in the competitive market.

A similar report published in 2018 by Research Trades estimated the global emergency spill response market size was $2.530 billion (USD) in 2018 and it is expected to reach $3.8 billion (USD) by the end of 2025, with a CAGR of 5.2% during 2019-2025.

The 2018 Research Trades report, Emergency Spill Response Market discusses the size, industry status and forecast, competition landscape and growth opportunity. It also provides analysis of the global emergency spill response market by companies, region, type and end-use industry.

The market is expected to have significant growth in the coming years owing to stringent environmental regulations across world to reduce the environmental pollution from spills.

Skimmers held the largest share of the market based on product type
Skimmers held the largest market size, in terms of product, primarily due to the increased demand for mechanical recovery methods for spill recovery. Unlike other methods, the mechanical recovery methods remove the spill material from the spill environment. Thus, skimmers are more effective in mitigating the environmental impact of the spills.

Major players in the global emergency spill response market includes Clean Harbors, Veolia Environnement, OSRL, Desmi A/S, US Ecology, Briggs Marine & Environmental Services and others.

Global Remediation Market Forecast

According to the recently updated “Global Environment Clean up & Remediation Market By Medium, By Type, By Application, By Region, Competition Forecast & Opportunities, 2013-2023” issued by Research and Markets, the environment clean up & remediation market is projected to grow to nearly $130 billion by 2023, owing to growing demand for oil & gas, rising industrial pollution, and increasing number of pipeline leakages and incidents affecting the environment.

A similar market study published in 2017 by Zion Market Research estimated the environmental remediation market to reach $122.8 billion (USD) by 2022. According to the Zion Market Research report, entitled “Environmental Remediation Market for Banking and Financial Services, Telecom and IT, Healthcare, Government, Automotive, Government, Manufacturing and Retails and Other application: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022“, the global environmental remediation market was valued at around $79.57 billion in 2016 and was predicted to reach approximately $122.80 billion in 2022, growing at a compound annual growth rate (CAGR) of slightly above 7.5% between 2017 and 2022. 

Environmental remediation technology deals with the removal of contaminants from environmental media such as soil, groundwater, or surface water. Remediation technologies are generally categorized into ex-situ and in-situ methods. Ex-situ methods offer excavation of affected soils and subsequent treatment at the surface and extraction of contaminated groundwater. In-situ methods offer to treat the contamination without removing the soils or groundwater.

Growing investments in the field of remediation services, stringent and transparent regulatory frameworks, and rapid industrialization in developing countries are drivers for the demand for environmental cleanup & remediation. Other drivers fueling the growth of environmental remediation market are rising demand from different industries such as oil and gas, mining and forestry, mining, automotive, chemicals, and others. 

North America and Europe are the major demand generating regions for environmental cleanup & remediation services, globally, on account of growing industrial and manufacturing activities in both regions. Some of the major players operating in global environment clean up & remediation market are Bechtel, Veolia Group, Clean Harbors, Suez S.A., Golder Associates Corporation, BRISEA Group, Inc., Dredging, Environmental & Marine Engineering NV, Terra Systems, Inc., ENTACT LLC, Weber Ambiental, etc.

The Researd and Markets remediation study discusses the following aspects of Environment Clean up & Remediation market globally:

  • Environment Clean up & Remediation Market Size, Share & Forecast
  • Segmental Analysis – Market By Medium (Surface Water, Ground Water & Soil), By Type (Bioremediation, Pump & Treat, In Situ Vitrification & Others), By Application, By Region
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities

The Zion Market Research study provides a view on the environmental remediation by segmenting the market based on environmental medium, application, and region. All the of environmental remediation market have been analyzed based on present and future trends and the market is estimated from 2016 to 2022.In term of the environmental medium, environmental remediation market classified into soil and ground water. Based on application, global environmental remediation market is bifurcated into mining and forestry, oil and gas, agriculture, automotive, industrial, chemical, construction and land development and other application. The regional segmentation comprises of present and forecast demand in Asia-Pacific, Middle East & Africa, North America, Europe, and Latin America for environmental remediation market.

Bioremediation: Global Markets and Technologies to 2023

A report issued by BCC Research provides an overview of the global markets and technologies of the bioremediation industry. The report predicts that the global bioremediation market should grow from $91.0 billion in 2018 to $186.3 billion by 2023, increasing at a compound annual growth rate (CAGR) of 15.4% from 2018 through 2023.

One of the finding of the report is that the application of bioremediation technology in the water bodies sector held the largest market share in 2017, and it is expected to remain the market leader throughout the forecast period.

The report predicts an ever-increasing use of bioremediation techniques for treating sewage, lakes, rivers and streams, ponds and aqua culture is anticipated to create huge growth opportunities for the market in the coming years. In recent years, however, the rise in the agriculture industries has augmented the growth of hazardous pollutants in the environment, and thus the application of bioremediation methods in the agricultural sector is expected to be the fastest-growing segment.


Redox zones of a typical contaminant plume (Source: Parsons 2004)

The report breaks down and analyzes the bioremediation market into three categories:

  • By type: In situ and ex situ bioremediation.
  • By application: Water bodies, mining, oil and gas, agriculture, automotive and other industries.
  • By region: North America is segmented into the U.S., Canada and Mexico; Europe is segmented into the U.K., Germany, France, Russia and Rest of Europe; the Asia-Pacific region is segmented into Japan, India, China and Rest of Asia-Pacific; and the Rest of the World (ROW) covers Latin America, Middle East and Africa.

The report provides estimated values used are based on manufacturers’ total revenues. Projected and forecast revenue values are in constant U.S. dollars unadjusted for inflation.

This report also includes a patent analysis and a listing of company profiles for key players in the bioremediation market.

Similar Reports

In 2014, a team of United Kingdom researchers at University of Nottingham and Heriot-Watt University issued the results of a global survey on the use of bioremediation technologies for addressing environmental pollution problems. The findings of the survey were quite interesting.

Preferred vs. Actual Treatment Method

One of the findings of the UK survey was the difference between the preferred vs. actual treatment method. More than half of respondents (51%) stated that they would prefer to use environmentally friendly approaches including microbial remediation (35%) and phytoremediation (16%). However, historical information suggests the opposite has actually been the case. Considering the relative low cost and low energy requirements of bioremediation technologies, the gulf between aspiration and practice might be due to various factors involving the risk-averse nature of the contaminated-land industry, or difficulties in project design. The latter include identifying appropriate organisms for removing specified contaminants, optimizing environmental conditions for their action, ascertaining extents of eventual clean-up, and the incomplete understanding of all the mechanisms and processes involved. These lead to difficulties in modeling, simulating and/or controlling these processes for improved outcomes.

Application of Bioremediation Techniques

The Figure below compares the broad bioremediation methods being employed within industry according to the 2014 survey, namely monitored natural attenuation (MNA), bio-augmentation and bio-stimulation. The use of low-cost in situ technologies (like MNA) featured quite prominently, particularly in North America and Europe, where it accounts for over 60% of the bioremediation methods being used. This finding points to a strong concern within the developed countries for better maintenance of ecological balance and preventing a disruption of naturally occurring populations.

MNA has been shown to require 1) elaborate modeling, 2) evaluation of contaminant degradation rates and pathways, and 3) a prediction of contaminant concentrations at migration distances and time points downstream of exposure points. This is to determine which natural processes will reduce contaminant concentrations below risk levels before potential courses of exposure are completed, and to confirm that degradation is proceeding at rates consistent with clean-up objectives. These results appear to suggest that regions which employ computational and modeling resources are better able to use low-cost bioremediation technologies like MNA, whereas the others tend to use the more traditional and less cost-effective technologies. In all the continents, researchers were found to favor the use of bio-stimulation methods. Less disruption of ecological balance is apparently a global concern.

Background on Bioremediation

Bioremediation is a method that uses naturally occurring microorganisms such as bacteria, fungi and yeast to degrade or break down hazardous substances into non-toxic or less-toxic substances.Microorganisms eat and digest organic substances for energy and nutrients.

There are certain microorganisms that can dissolve organic substances such as solvents or fuels that are hazardous to the environment.These microorganisms degrade the organic contaminants into less-toxic products, mainly water and carbon dioxide.

The microorganisms must be healthy and active for this to occur.

Bioremediation technology helps microorganisms grow and boosts microbial population by generating optimum environmental conditions. The particular bioremediation technology utilized is determined by various factors, including the site conditions, the presence of type of microorganisms, and the toxicity and quantity of contaminant chemicals.

Bioremediation takes place under anaerobic and aerobic conditions.In the case of aerobic conditions, microorganisms utilize the amount of oxygen present in atmosphere to function.

With a sufficient amount of oxygen, microorganisms transform organic contaminants into water and carbon dioxide. Anaerobic conditions help biological activity in which oxygen is not present so that the microorganisms degrade chemical compounds present in the soil to release the required amount of energy.

Factors of influence in bioremediation processes

Bioremediation technology is used to clean up contaminated water and soil.There are two main types of bioremediation: in situ and ex situ.

The in situ bioremediation process treats the contaminated groundwater or soil in the location where it is found. The ex situ process requires the pumping of groundwater or the excavation of contaminated soil before it can be treated.

In situ bioremediation type is typically segmented as phytoremediation, bioventing, bioleaching, bioslurping, biostimulation and bioaugmentation. The ex situ bioremediation type is typically segmented as composting, controlled solid-phase treatment and slurry-phase biological treatment.

Biodegradation is a cost-effective natural process that is useful for the treatment of organic wastes.The extent of biodegradation is greatly dependent upon the initial concentrations and toxicity of the contaminants, the properties of the contaminated soil, their biodegradability and the specific treatmentsystem selected.

In biodegradation treatment, the targeted contaminants are semi-volatile and nonhalogenated volatile organics and fuels. The benefits of bioremediation, however, are limited at sites with highly chlorinated organics and high concentrations of metals, as they may be harmful to the microorganisms.

https://www.researchandmarkets.com/publication/mkvz6uj/4752244

Industrial Absorbents Market to Exceed $4.7 Billion by 2023

According to the new market research report, the industrial absorbents market is expected to grow from USD 3.7 billion in 2018 to USD 4.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period.

The report, prepared by Research and Markets and entitled “Industrial Absorbents Market By Material Type (Natural Organic & Inorganic, Synthetic), Product (Pads, Rolls, Booms & Socks), Type (Universal, Oil-only, HAZMAT), End-use Industry (Oil & Gas, Chemical, Food Processing), and Region – Global Forecast to 2023“, states that the major factors driving the industrial absorbents market include growing environmental concerns and regulations regarding oil and chemical spills.

The synthetic segment is expected to be the fastest-growing material type segment in the industrial absorbents market. The industrial absorbents market by material type has been categorized into natural organic, natural inorganic, and synthetic. Synthetic industrial absorbents are capable of absorbing liquid up to 70 times of their weight, which makes them a highly adopted material for industrial applications. Synthetic absorbents have properties such as non-flammability and excellent water repellency, which makes them suitable for applications in oil-only and HAZMAT spill control products.

Booms and socks are ideal industrial absorbents products for spill control. Booms and socks are widely used for oil-based spill control in water environment. Booms have excellent water repelling properties and are best suited for water environments such as sea, lakes, and ponds, among others. Socks are flexible tubes which are used to control and contain spills on land environment and are ideal for quickly absorbing oil- or water-based liquid spills on land. In regions such as the Middle East & Africa and Europe, there are high occurrences of large spills in marine areas, which drives the growth of booms & socks segment in the industrial absorbents market.

Oil Absorbent Booms

Market Drivers

HAZMAT/chemical absorbent products are used to cleanup spills involving acids, bases, and other hazardous or unknown liquids as these spills can have harmful impacts on the environment and can be dangerous to the living beings present in the vicinity. HAZMAT/chemical absorbent products are designed to absorb the most aggressive acidic or caustic fluids and are majorly composed of synthetic absorbents. In addition, stringent regulations in regions such as North America and Europe on chemical discharge in to the environment have led to an increase in the demand for spill control products designed for chemicals. Therefore, this factor has fueled the adoption and application of HAZMAT/chemical absorbent products, which is driving the growth of the industrial absorbents market.

Chemicals are hazardous materials, and can cause severe harm to humans or environment if accidentally released or spilled in the environment. Chemical accidents usually occur during transportation of stored chemicals. Chemical manufacturers need to immediately respond to accidental spills that occur during manufacturing processes to minimize the impact of spills on the environment. Furthermore, regions such as North America and Europe have stringent norms with respect to chemicals and spill response. All these factors have fueled the growth of the industrial absorbents market in the chemical end-use industry.

Asian Pacific Market

Asia Pacific industrial absorbents market is expected to have the highest growth rate during the forecast period due to the rising awareness and pressure to reinforce strict environmental regulations for spill response & control and pollution caused by end-use industries. The industrial absorbents market in Asia Pacific is driven by the demand from countries such as China, Japan, India, and South Korea, owing to rapid industrialization and rising occurrences of small liquid spills across the end-use industries.

Key Market Players

The major manufacturers in the global industrial absorbents market are 3M Company (US), Brady Corporation (US), Decorus Europe Ltd. (UK), Johnson Matthey Plc (UK), Kimberly-Clark Professional (US), Meltblown Technologies Inc. (US), Monarch Green, Inc. (US), New Pig Corporation (US), and Oil-Dri Corporation of America (US).

U.S. Environmental Industry generates $388 billion in revenues in 2017

The U.S. environmental industry generated revenues of $388 billion in 2017, up from $370 million in 2016, according to preliminary estimates by Environmental Business International Inc. (EBI), publisher of Environmental Business Journal (EBJ). The environmental industry’s annual growth rate of 4.8% in 2017 represents a steady increase from 3.6% in 2016 and 2.1% in 2015.

Every year, EBJ’s Annual Industry Overview presents estimates and forecasts for 13 business segments, in addition to offering perspective on how the environmental industry is responding to changing macroeconomic conditions and regulatory and policy trends. This year’s summary reviews conditions one year into the Trump Administration.

To purchase EBJ’s Annual Industry Overview and receive statistical summaries of the industry in 13 segments with multiple charts featuring revenues, growth, number of companies, forecasts, growth factors and revenue breakdowns by client, media and function, visit the EBI website.

Market Report on the Emergency Spill Response Industry

360 Market Updates recently issued an Emergency Spill Response Market Research Report that highlights key dynamics of North America Emergency Spill Response Market sector.  The Research Report passes on an initial survey of the emergency spill response market including its definition, applications and innovation.  Additionally, the report explores the major market players in detail.  The Research Report provides a detailed overview and discussion the status of the players involved in emergency spill response.  It is also a valuable source of information on trends in the industry including projected growth.

Key questions answered in the Emergency Spill Response Market report include the following:

  • What will the market growth rate of Emergency Spill Response market in 2022?
  • What are the key factors driving the North America Emergency Spill Response market?
  • What are sales, revenue, and price analysis of top manufacturers of Emergency Spill Response market?
  • Who are the distributors, traders and dealers of Emergency Spill Response market?
  • Who are the key vendors in Geographical market space?
  • What are the Emergency Spill Response market opportunities and threats faced by the vendors in the North America Emergency Spill Response market?
  • What are sales, revenue, and price analysis by types, application and regions of Emergency Spill Response market?
  • What are the market opportunities and risks?

There are 15 Chapters to deeply display the North America Emergency Spill Response market.

Chapter 1, to describe Emergency Spill Response Introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, market driving force;

Chapter 2, to analyze the manufacturers of Emergency Spill Response, with profile, main business, news, sales, price, revenue and market share in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with profile, main business, news, sales, price, revenue and market share in 2016 and 2017;

Chapter 4, to show the North America market by countries, covering United States, Canada and Mexico, with sales, revenue and market share of Emergency Spill Response, for each country, from 2012 to 2017;

Chapter 5 and 6, to show the market by type and application, with sales, price, revenue, market share and growth rate by type, application, from 2012 to 2017;

Chapter 7, 8 and 9, to analyze the segment market in United States, Canada and Mexico, by manufacturers, type and application, with sales, price, revenue and market share by manufacturers, types and applications;

Chapter 10, Emergency Spill Response market forecast, by countries, type and application, with sales, price and revenue, from 2017 to 2022;

Chapter 11, to analyze the manufacturing cost, key raw materials and manufacturing process etc.

Chapter 12, to analyze the industrial chain, sourcing strategy and downstream end users (buyers);

Chapter 13, to describe sales channel, distributors, traders, dealers etc.

Chapter 14 and 15, to describe Emergency Spill Response Research Findings and Conclusion, Appendix, methodology and data source

According to an earlier study by Markets and Markets research firm, the emergency spill response market is estimated to be worth USD 33.68 Billion by 2022.   Markets and Markets research firm hold the view that the emergency spill response market is driven by the increasing international trade and transportation and initiatives taken by government agencies of various countries globally to protect the environment from the adverse effects of pollution by enacting various environmental protection and restoration policies and legislations. In the future, government initiatives to strengthen the response to oil spills on the sea would provide opportunities to the players operating in this market.