Product Code: GVR-4-68039-955-6
Bioremediation Market Growth & Trends:
The global bioremediation market size is expected to reach USD 28.92 billion by 2030, registering a CAGR of 9.93% over the forecast period, according to a new report by Grand View Research, Inc. Rapid growth in industrialization & increasing environmental deterioration, advancements in synthetic technologies, and increasing government support for bioremediation research and innovations are driving the market growth.Genome editing tools, such as CRISPR-Cas and TALEN, are facilitating metabolic engineering applications for the production of optimized enzymes and metabolic pathways that aid in the biodegradation process. Similarly, quorum sensing-based microbial interactions can be effectively used for designing gene circuits and microbial biosensors for the detection and degradation of persistent recalcitrant pollutants.
These factors can accelerate the adoption of bioremediation techniques and fuel market growth. Furthermore, synthetic biology also enables the designing of biological molecules with the desired chemical composition that can be used for the degradation of target contaminant molecules. Several enzyme modification approaches have been developed in this domain, such as enzyme immobilization, using magnetic nanoparticles, production of designer enzymes, and generation of single enzyme nanoparticles, among others. Therefore, the use of synthetic technology for utilizing the bio-degradative capabilities of enzymes is expected to drive the industry.In addition, government authorities are raising awareness about the implementation of bioremediation strategies to drive the adoption of the technique.
For instance, in June 2020, the Indian Government issued an advisory for the treatment and disposal of solid waste through the bioremediation process for reclamation of landfill sites. The advisory was directed toward Urban Local Bodies and signified the increasing attention drawn by bioremediation in the country.The COVID-19 pandemic has led to increased awareness about disinfection, sterilization, and remediation of contaminated areas in public spaces and homes. Furthermore, as the SARS-CoV-2 virus continues to undergo mutations, causing recurrent waves of infection cases around the globe, demand for bioremediation services for reducing the risk of contamination is expected to rise. Similarly, large quantities of Personal Protective Equipment (PPE) and face masks used have led to new challenges in the disposal and treatment of medical waste, which present new growth opportunities for bioremediation.
Bioremediation Market Report Highlights:
- The in situ bioremediation segment held the highest share of the global revenue in 2021 due to its cost-effectiveness, ease of use, and increasing applications for groundwater treatment
- Phytoremediation was the dominant technology segment in 2021. This can be attributed to the high demand for the technology for the removal of heavy metals, radionuclides, organic contaminants, and pesticides with the help of plants
- The soil remediation segment dominated the industry in 2021 due to the high demand generated from soil degradation caused by industrial pollutants, agrochemicals, and municipal waste
- North America dominated the industry in 2021 due to the presence of sophisticated infrastructure, high industrial growth & waste production, and presence of key market players, such as Regenesis Corp., Probiosphere, Inc., and Xylem, Inc.
- Asia Pacific is expected to register the fastestCAGR over the forecast period due to increasing awareness about environmental protection and the production of large quantities of hazardous waste caused by rising economic development in the region
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation
- 1.1.1 Estimates And Forecast Timeline
- 1.2 Research Methodology
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 Gvr's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Primary Research
- 1.3.5 Details Of Primary Research
- 1.4 Information or Data Analysis
- 1.4.1 Data Analysis Models
- 1.5 Market Formulation & Validation
- 1.6 Model Details
- 1.6.1 Commodity Flow Analysis
- 1.6.1.1 Approach 1: Commodity Flow Approach
- 1.6.1.2 Approach 2: Country-wise market estimation using bottom-up approach
- 1.7 Global Market: CAGR Calculation
- 1.8 Research Assumptions
- 1.9 List of Secondary Sources
- 1.10 List of Primary Sources
- 1.11 Objectives
- 1.11.1 Objective 1:
- 1.11.2 Objective 2:
- 1.12 List of Abbreviations
Chapter 2 Market Definitions
Chapter 3 Executive Summary
- 3.1 Market Outlook
- 3.2 Market Summary
Chapter 4 Bioremediation Market Variables, Trends & Scope
- 4.1 Market Trends & Outlook
- 4.2 Market Segmentation & Scope
- 4.3 Market Driver Analysis
- 4.3.1 Rise In Industrialization And Associated Environmental Deterioration Are Driving The Adoption Of Bioremediation Technologies
- 4.3.2 Technological Advancements In Synthetic Biology Are Enhancing Bioremediation Capabilities And Boosting Its Growth
- 4.3.3 Increasing Number Of Government Initiatives And Grants Are Supporting The Adoption Of Bioremediation Techniques
- 4.4 Market Restraint Analysis
- 4.4.1 Growth Of Bioremediation Techniques Is Limited By Requirement Of Specific Environmental Conditions And Biodegradable Components
- 4.5 SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
- 4.6 Porter's Five Forces Analysis
- 4.7 COVID-19 Impact Analysis
- 4.8 Penetration & Growth Prospect Mapping
Chapter 5 Bioremediation Market - Segment Analysis, by Type, 2018 - 2030 (USD Million)
- 5.1 Bioremediation Market: Type Movement Analysis
- 5.2 In Situ Bioremediation
- 5.2.1 In Situ Bioremediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.3 Ex Situ Bioremediation
- 5.3.1 Ex Situ Bioremediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 6 Bioremediation Market - Segment Analysis, by Technology, 2018 - 2030 (USD Million)
- 6.1 Bioremediation Market: Technology Movement Analysis
- 6.2 Biostimulation
- 6.2.1 Biostimulation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3 Phytoremediation
- 6.3.1 Phytoremediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.4 Bioreactors
- 6.4.1 Bioreactors Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.5 Fungal Remediation
- 6.5.1 Fungal Remediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.6 Bioaugmentation
- 6.6.1 Bioaugmentation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.7 Land-Based Treatments
- 6.7.1 Land-Based Treatments Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 7 Bioremediation Market - Segment Analysis, by Service, 2018 - 2030 (USD Million)
- 7.1 Bioremediation Market: Service Movement Analysis
- 7.2 Soil Remediation
- 7.2.1 Soil Remediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3 Oilfield Remediation
- 7.3.1 Oilfield Remediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.4 Wastewater Remediation
- 7.4.1 Wastewater Remediation Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.5 Others
- 7.5.1 Other Services Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 8 Bioremediation Market - Segment Analysis, By Region, 2018 - 2030 (Usd Million)
- 8.1 Bioremediation Market: Regional Movement Analysis
- 8.2 North America
- 8.2.1 North America Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 U.S. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.2.3 Canada
- 8.2.3.1 Canada Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Europe Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.2 U.K.
- 8.3.2.1 U.K. Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.3 Germany
- 8.3.3.1 Germany Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.4 France
- 8.3.4.1 France Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.5 Italy
- 8.3.5.1 Italy Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.3.6 Spain
- 8.3.6.1 Spain market estimates and forecast, 2018 - 2030 (USD Million)
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.2 Japan
- 8.4.2.1 Japan Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.3 China
- 8.4.3.1 China Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.4 India
- 8.4.4.1 India Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.5 Australia
- 8.4.5.1 Australia Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.6 South Korea
- 8.4.6.1 South Korea Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Latin America Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Brazil Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.5.3 Mexico
- 8.5.3.1 Mexico market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6 Middle East and Africa
- 8.6.1 Middle-East And Africa Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.2 South Africa
- 8.6.2.1 South Africa Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.3 Saudi Arabia
- 8.6.3.1 Saudi Arabia market estimates and forecast, 2018 - 2030 (USD Million)
- 8.6.4 UAE
- 8.6.4.1 UAE market estimates and forecast, 2018 - 2030 (USD Million)
Chapter 9 Competitive Analysis
- 9.1 Strategy Framework
- 9.2 Company/Competition Categorization
- 9.3 Company Profiles
- 9.3.1. NEWTERRA LTD.
- 9.3.1.1. Company Overview
- 9.3.1.2. Financial Performance
- 9.3.1.3. Product Benchmarking
- 9.3.1.4. Strategic Initiatives
- 9.3.2. SUMAS REMEDIATION SERVICES INC.
- 9.3.2.1. Company Overview
- 9.3.2.2. Financial Performance
- 9.3.2.3. Product Benchmarking
- 9.3.2.4. Strategic Initiatives
- 9.3.3. PROBIOSPHERE INC.
- 9.3.3.1. Company Overview
- 9.3.3.2. Financial Performance
- 9.3.3.3. Product Benchmarking
- 9.3.3.4. Strategic Initiatives
- 9.3.4. DRYLET, INC.
- 9.3.4.1. Company Overview
- 9.3.4.2. Financial Performance
- 9.3.4.3. Product Benchmarking
- 9.3.4.4. Strategic Initiatives
- 9.3.5. XYLEM INC
- 9.3.5.1. Company Overview
- 9.3.5.2. Financial Performance
- 9.3.5.3. Product Benchmarking
- 9.3.5.4. Strategic Initiatives
- 9.3.6. REGENESIS CORPORATION
- 9.3.6.1. Company Overview
- 9.3.6.2. Financial Performance
- 9.3.6.3. Product Benchmarking
- 9.3.6.4. Strategic Initiatives
- 9.3.7. AQUATECH INTERNATIONAL CORPORATION
- 9.3.7.1. Company Overview
- 9.3.7.2. Financial Performance
- 9.3.7.3. Product Benchmarking
- 9.3.7.4. Strategic Initiatives
- 9.3.8. ENVIROGEN TECHNOLOGIES, INC.
- 9.3.8.1. Company Overview
- 9.3.8.2. Financial Performance
- 9.3.8.3. Product Benchmarking
- 9.3.8.4. Strategic Initiatives
- 9.3.9. MICROGEN BIOTECH LTD.
- 9.3.9.1. Company Overview
- 9.3.9.2. Financial Performance
- 9.3.9.3. Product Benchmarking
- 9.3.9.4. Strategic Initiatives
- 9.3.10. OIL SPILL EATER INTERNATIONAL INC
- 9.3.10.1. Company Overview
- 9.3.10.2. Financial Performance
- 9.3.10.3. Product Benchmarking
- 9.3.10.4. Strategic Initiatives