Bioremediation Technology & Services Market: Global Industry Analysis and Forecast (2021-2029) Trends, Statistics, Dynamics, Segmentation by Type, Technologies, Services, and Region

Bioremediation Technology & Services Market size was valued at USD 11.65 Bn. in 2021 and the total Bioremediation Technology & Services revenue is expected to grow by 6.98 % from 2022 to 2029, reaching nearly USD 19.99 Bn.

Bioremediation Technology & Services Market Overview:

Bioremediation is the use of microorganisms to help in the neutralization or removal of various contaminants through the use of waste. This technique also makes use of organisms found in nature, which crash materials that are hazardous to toxic substances. Bioremediation is critical in areas where chemicals are not used because it allows waste to be recycled after contaminants have been neutralized or removed. Soil remediation reduces contaminant concentrations in the soil. Soil remediation is required when the concentration of hydrocarbons in the soil rises and threatens human health. Wastewater remediation traces and monitors water pollutants. The typical Physiochemical and treatment technologies are commonly used in biological wastewater treatment. The government has been focusing on a variety of new programs and initiatives to address various contamination issues and keep track of the bioremediation technology & services market. The benefit of bioremediation is that it does not require the use of chemicals and allows waste to be recycled once the contamination has been removed or neutralized. Soil remediation is the process of reducing contaminant concentrations in soil. When the concentration of hydrocarbons in the soil rises and threatens human health, remediation is required. Wastewater remediation is a process that focuses on the detection and removal of trace pollutants in water. Common wastewater treatment technologies include physicochemical techniques and biological treatments. The major driving factor responsible for the growth of the global bioremediation technology & services market is the emphasis on government regulations combined with initiatives for monitoring and addressing contamination issues aimed at environmental sustainability. Bioremediation Technology & Services Market To know about the Research Methodology :- Request Free Sample Report

Bioremediation Technology & Services Market Dynamics:

Bioremediation Technology & Services Market Drivers Bolstering demand from Government agencies and public health organizations The market is expected to grow as a result of recent rapid industrial development, which has resulted in widespread contamination of several environmental landscapes, including oceans, freshwater systems, forests, and agricultural lands. Similarly, improper waste management, crude oil spills, increased production of Greenhouse Gases (GHG), and the release of chemical pollutants such as polycyclic aromatic hydrocarbons, bisphenol-A, pyrethroid pesticides, and dioxanes have worsened environmental outcomes and increased demand for bioremediation technology & services market. For example, more than 2.9 million sites in the European Union alone have been estimated to have potential contaminations, which can lead to negative health consequences such as congenital abnormalities, cancer, low birth weights, and high mortality rates. As a result, such areas are expected to have a high demand for bioremediation during the forecast period. Additionally, in areas where factories are located near natural water sources, persistent water pollution issues are observed due to the contamination of local water supplies. Soil contamination with metals such as lead, mercury, and other heavy metals and toxic chemicals that leach into the soil, on the other hand, poses a significant threat to crops grown in the area. This is expected to boost the bioremediation technology & services market In this case, bioremediation is a promising option for cleaning up contaminated sites and providing a long-term solution for environmental restoration. Furthermore, the key advantages of biological remediation of industrial pollutants over traditional physical and chemical methods drive demand bioremediation technology & services market. Traditional methods, for example, the use of oxidizing agents, pollutant adsorption, electrochemical treatments, and others, may fail to achieve the desired reduction in contaminant concentrations and are non-specific and costly to use. Bioremediation techniques not only address these shortcomings, but also provide a versatile, efficient, and low-energy footprint solution for contaminant removal, which has the potential to positively impact market growth. An increasing number of government agencies and public health organizations have been involved in promoting the use of bioremediation methods in recent years. Government entities, such as the United States Environmental Protection Agency (EPA), for example, host the Superfund program for the cleanup of the country's most contaminated sites. Furthermore, the America COMPETES Act of 2022 was passed in the United States in February 2022, and it was intended to launch the National Engineering Biology Research & Development Initiative, which would provide funding opportunities for bioremediation and related bioengineering solutions. This all aspects are expected to drive the growth of the bioremediation technology & services market and is expected to do the same during the forecast period. Focus on Environmental Safety and Soil Protection to Drive Market Growth Fast-paced urbanization, industrialization, and a flurry of new technologies have resulted in environmental issues such as an imbalance in the ecological process of soil, global warming, unfavorable climate change, and so on. Because of the persistent deposition of xenobiotic recalcitrant compounds in the environment, several disposal techniques and strategies have emerged in recent years. Bioremediation is currently one of the most popular disposal strategies that have received a lot of attention. Currently, a wide range of bioremediation technologies and services are being used in biostimulation, bioaugmentation, phytoremediation, fungal remediation, land-based remediation, and bioreactors. The benefits and drawbacks of each of these bioremediation technologies and services market are still being researched and developed. Biological bioremediation technologies and services, such as biostimulation and bioaugmentation are increasingly being used in comparison to other existing alternatives due to their higher efficacy levels and superior eco-friendliness quotient. As governments around the world continue to prioritize environmental protection, the bioremediation technology & services market is expected to grow significantly during the forecast period. The global bioremediation technology & services is expected to grow as a result of these factors, as well as consistent research and development. Regulatory frameworks are the primary pillars of the bioremediation market Emissions from industrial activities, both regulated and unregulated, as well as waste disposal and management, particularly toxic industrial wastes, are all major contributors to environmental harm, including previous land and water contamination tissues. Most industrialized economies are currently dealing with issues of land and water contamination, but a significant increase in contamination is not expected in the future due to the maturity of industrial operations and regulations. Regulations and their enforcement are one of the primary factors driving remediation work; thus, changes or expected changes in regulatory focus will have a significant impact on patterns in demand for remediation services. Bioremediation Technology & Services Market is expected to be more in demand in countries with increased regulatory focus or government spending on pollution management, increased public awareness of or interest in environmental issues, and increased demand for brownfield cleanup due to planned redevelopment. For instance, in the United States, the major laws and guidelines for managing contamination will remain RCRA, CERCLA, and the Superfund Act. Regulations are changing as a result of improvements made to make compliance easier or new information on newly discovered and emerging pollutants such as PFOAs. In addition to soil pollution, the Korean Ministry of Environment is investigating 1,300 abandoned metal mines between 2014 and 2023 to improve efforts for asbestos and coal mines, which will create a significant need for remediation services in the country. As a result of regulation, it is expected that demand for remediation solutions will continue to rise. As the Korean public becomes more aware of environmental and health regulations, the demand for the restoration of abandoned mines and their surroundings may increase in the future.

Bioremediation Technology & Services Market Restraints

High cost of bioremediation technology & services Many bulk materials handling equipment is required during land redevelopment and remediation services to move hazardous or toxic waste is hampering the bioremediation technology & services market. Even when rented, these pieces of equipment, such as excavators, loaders, dumpers, and trucks, are very expensive. A significant investment in supporting yet critical equipment is required in order to complete a remediation project. Bioremediation Technology & Services Market Opportunity Growing emphasis on innovation and the development of new remediation technologies The bioremediation technology & services market has seen significant activity in the last decade, as market participants continue to prioritize the launch of cutting-edge bioremediation solutions that primarily support the stabilization, sequestration, recovery, and destruction of contaminants. During the forecast period, advancements in the global bioremediation technology & services market are expected to occur in two main areas: innovations aimed at improving the resolution at which the overlay of contaminants and hydrogeology can be interpreted and digital innovations aimed at streamlining the data collection process across larger data pools. Research and development activities, as well as an increasing number of government initiatives and investments to support these activities, are expected to provide a significant boost to the growth of the global bioremediation technology & services market. For example, the Government of India's Environmental Biotechnology program is primarily concerned with assisting research and development activities in the field of bioremediation. While wastewater treatment and soil remediation are likely to remain the most prominent service types, rising demand for dye degradation from textile industrial effluent is expected to accelerate the development of phytoremediation treatment processes. New bioremediation techniques are being developed In recent years, new sludge-free oxidation techniques have proven to be quite effective at cleaning up dirty water or wastewater. The panoremediaton method, which uses nanoparticles for bioremediation, speeds up the processes of locating and removing environmental contamination. Nanomaterials and analytical techniques are being used to develop low-cost, simple-to-use, and miniature devices for the detection of a variety of environmental toxins. They also hold a lot of promise for technologies that can odorize contaminated sediment, soil, and water. Advanced phytoremediation is a cutting-edge environmental technology that is being used in Canada to clean up contaminated sites. As a result of the advancement of such technologies, the market for environmental remediation will grow.

Bioremediation Technology & Services Market Segment Analysis:

Based on the Type, In 2021, the in situ type segment dominated the bioremediation technology & services market, accounting for 57.06% of global revenue. The technique refers to the treatment of contaminations at the original site without excavating or pumping out the contaminated materials. Bio-venting, bioslurping, biosparging, natural attenuation, and other technologies are employed. The technique can be controlled by manipulating factors such as aeration, nutrient concentration, moisture content, and so on to increase organism activity and speed up the degradation rate. The method is well suited for applications such as the treatment of low-contaminant concentration groundwater, where oxygen availability can be increased by pumping air into the soil subsurface. Ex-situ bioremediation, on the other hand, involves the use of composting, landfarming, soil biopiles, and slurry reactors to treat contaminated materials away from the original location. The technique is widely used for the removal of hydrocarbons from contaminated soil. However, the excavation of contaminated materials may result in additional costs during the remediation process, limiting the segment's growth. Bioremediation Technology & Services Market 2 Based on the Technologies, The bioremediation technology & services market has been further classified into biostimulation, phytoremediation, bioreactors, fungal remediation, bioaugmentation, and land-based treatments based on technologies. In 2021, the phytoremediation segment was responsible for more than 32.00% of global revenue. The technology is in high demand due to its applications in the removal of heavy metals, radionuclides, organic contaminants, and pesticides using plants. It entails the use of techniques for the treatment of pollutants such as rhizodegradation, rhizofiltration, phytovolatilization, phytoextraction, and phytostabilization, among others. The segment is expected to grow further due to the low costs of phytoremediation compared to other technologies and the ability to remove organic and inorganic pollutants from soil and water in a sustainable manner. Because fungi have a wide range of metabolic capacities and can tolerate high concentrations of polluting agents, fungal remediation is expected to grow at the fastest CAGR during the forecast period. Fungi are a promising option for recalcitrant pollutant degradation because they produce a variety of intracellular and extracellular enzymes, such as cytochrome P450 and peroxidases. In the near future, these factors are likely to accelerate the adoption of fungal remediation technologies. Bioremediation Technology & Services Market 3 Based on the Services, In 2021, the soil remediation segment dominated the bioremediation technology & services market, accounting for more than 40.85% of global revenue. The service entails the removal of soil contaminants caused by sources such as chemical dumping, improper waste disposal, pipe leaks and spills, and others. The high level of soil degradation caused by industrial pollutants, agrochemicals, and municipal waste drives demand for soil remediation. According to the United Nations, for example, land and soil degradation affects over 3.2 billion people worldwide. As a result, the growing demand for soil remediation is expected to contribute significantly to bioremediation technology & services market growth. Due to the rapid growth of the crude oil industry and the development of eco-friendly oilfield remediation options, oilfield remediation is expected to grow at the fastest CAGR during the forecast period. Soaring oil prices in recent months have put pressure on countries such as the United States to increase oil production. Additionally, recent advances in omics technologies, such as metagenomics and metatranscriptomics, have made microbial-based oilfield remediation strategies feasible. Similarly, the use of biosurfactants to increase oil constituent bioavailability has accelerated the adoption of oilfield bioremediation activities. Bioremediation Technology & Services Market 4

Bioremediation Technology & Services Market Regional Insights:

North America will account for more than 45.00% of global revenue in 2021, owing to sophisticated infrastructure, high industrial growth and waste production, and the presence of key market players such as Regenesis Corp., Probiosphere, Inc., and Xylem, Inc. Additionally, the region has significant bioremediation research potential, which is likely to drive technological advancements and promote bioremediation technology & services market growth. For example, a study published in the journal Applied and Environmental Microbiology in September 2021 demonstrated the presence of marine bacteria capable of degrading hydrocarbons such as oil and diesel in the Canadian Arctic region. Asia Pacific, on the other hand, is expected to grow at the fastest CAGR during the forecast period. This rapid growth can be attributed to the generation of large amounts of hazardous waste as a result of growing economic development and increased environmental awareness in the APAC region. Additionally, the region has a large population and relatively underdeveloped waste management systems in developing countries such as Pakistan, Cambodia, and others. These factors are expected to accelerate bioremediation technology & services market growth by worsening contamination issues.

Bioremediation Technology & Services Market Scope: Inquire before buying

Bioremediation Technology & Services Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US$ 11.65 Bn.
Forecast Period 2022 to 2029 CAGR: 6.98 % Market Size in 2029: US$ 19.99 Bn.
Segments Covered: by Types • In Situ Bioremediation • Ex Situ Bioremediation
by Technologies • Phytoremediation • Bioaugmentation • Bioreactors • Land-based Treatments • Fungal Remediation • Bio-stimulation
by Services • Wastewater Remediation • Oilfield Remediation • Soil Remediation

Bioremediation Technology & Services Market by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Bioremediation Technology & Services Market Key Players

• Altogen Labs • Aquatech International LLC • REGENESIS • Xylem, Inc. • Drylet LLC • Altogen Labs • InSitu Remediation Services Limited • PROBIOSPHERE • Ivey International, Inc. • Sumas Remediation Services, Inc., • Sarva Bio Remed, LLC. • Bayer CropScience AG • American Vanguard Corporation • BASF SE • Novozymes AS • Soil works LLC • DOWA ECO-SYSTEM Co. Ltd • Isagro SpA • ADAMA Ltd (Makhteshim Agan Group) • Southern Petrochemical Industries Corporation (SPIC) Limited • SA Lime & Gypsum. Frequently Asked Questions: 1] What technology is used in bioremediation? Ans. Bioventing, bioleaching, landfarming, bioreactor, composting, bioaugmentation, rhizofiltration, and biostimulation are some examples of bioremediation technologies. 2] How technology helps with bioremediation? Ans. For reclaiming polluted soil and water, bioremediation technology is invaluable. Bioremediation is a waste management process that uses living organisms to neutralize or remove harmful pollutants from contaminated areas. 3] How much does bioremediation cost? Ans. Costs of Bioremediation in General- The Federal Remediation Technologies Roundtable estimates that costs range from $30 per cubic meter (or $20 per cubic yard) to $100 per cubic meter ($80 per cubic yard). 4] Is bioremediation a technology? Ans. Bioremediation is an effective technology that can be used to achieve both effective detoxification and volume reduction by utilizing the biodegradative potentials of organisms or their attributes. It is useful in the cleanup of oil and hazardous waste-contaminated sites. 5] How can bioremediation be improved? Ans. Percolation or injection of groundwater or uncontaminated water mixed with nutrients and saturated with dissolved oxygen is typically used in enhanced bioremediation of soil. Acclimatized microorganisms (bioaugmentation) and/or another oxygen source, such as hydrogen peroxide, are sometimes included.
1. Global Bioremediation Technology & Services Market Size: Research Methodology 2. Global Bioremediation Technology & Services Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Bioremediation Technology & Services Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Bioremediation Technology & Services Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Bioremediation Technology & Services Market Size Segmentation 4.1. Global Bioremediation Technology & Services Market Size, by Types (2021-2029) • In Situ Bioremediation • Ex Situ Bioremediation 4.2. Global Bioremediation Technology & Services Market Size, by Technologies (2021-2029) • Phytoremediation • Bioaugmentation • Bioreactors • Land-based Treatments • Fungal Remediation • Bio-stimulation 4.3. Global Bioremediation Technology & Services Market Size, by Services (2021-2029) • Soil Remediation • Oilfield Remediation • Wastewater Remediation 5. North America Bioremediation Technology & Services Market (2021-2029) 5.1. North America Bioremediation Technology & Services Market Size, by Types (2021-2029) • In Situ Bioremediation • Ex Situ Bioremediation 5.2. North America Bioremediation Technology & Services Market Size, by Technologies (2021-2029) • Phytoremediation • Bioaugmentation • Bioreactors • Land-based Treatments • Fungal Remediation • Bio-stimulation 5.3. North America Bioremediation Technology & Services Market Size, by Services (2021-2029) • Soil Remediation • Oilfield Remediation • Wastewater Remediation 5.4. North America Semiconductor Memory Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Bioremediation Technology & Services Market (2021-2029) 6.1. European Bioremediation Technology & Services Market, by Types (2021-2029) 6.2. European Bioremediation Technology & Services Market, by Technologies (2021-2029) 6.3. European Bioremediation Technology & Services Market, by Services (2021-2029) 6.4. European Bioremediation Technology & Services Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Bioremediation Technology & Services Market (2021-2029) 7.1. Asia Pacific Bioremediation Technology & Services Market, by Types (2021-2029) 7.2. Asia Pacific Bioremediation Technology & Services Market, by Technologies (2021-2029) 7.3. Asia Pacific Bioremediation Technology & Services Market, by Services (2021-2029) 7.4. Asia Pacific Bioremediation Technology & Services Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Bioremediation Technology & Services Market (2021-2029) 8.1. Middle East and Africa Bioremediation Technology & Services Market, by Types (2021-2029) 8.2. Middle East and Africa Bioremediation Technology & Services Market, by Technologies (2021-2029) 8.3. Middle East and Africa Bioremediation Technology & Services Market, by Services (2021-2029) 8.4. Middle East and Africa Bioremediation Technology & Services Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Bioremediation Technology & Services Market (2021-2029) 9.1. South America Bioremediation Technology & Services Market, by Types (2021-2029) 9.2. South America Bioremediation Technology & Services Market, by Technologies (2021-2029) 9.3. South America Bioremediation Technology & Services Market, by Services (2021-2029) 9.4. South America Bioremediation Technology & Services Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Altogen Labs 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Aquatech International LLC 10.3. REGENESIS 10.4. Xylem, Inc. 10.5. Drylet LLC 10.6. Altogen Labs 10.7. InSitu Remediation Services Limited 10.8. PROBIOSPHERE 10.9. Ivey International, Inc. 10.10. Sumas Remediation Services, Inc., 10.11. Sarva Bio Remed, LLC. 10.12. Bayer CropScience AG 10.13. American Vanguard Corporation 10.14. BASF SE 10.15. Novozymes AS 10.16. Soil works LLC 10.17. DOWA ECO-SYSTEM Co. Ltd 10.18. Isagro SpA 10.19. ADAMA Ltd (Makhteshim Agan Group) 10.20. Southern Petrochemical Industries Corporation (SPIC) Limited 10.21. SA Lime & Gypsum

About This Report

Report ID 72113
Category Healthcare
Published Date Nov 2022
Updated Date
Contact Us