The Site Remediation Consulting Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Site Remediation Consulting Services Global Market Report 2024, The site remediation consulting services market size has grown steadily in recent years. It will grow from $15.72 billion in 2023 to $16.36 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to environmental regulations, industrial expansion, legal liabilities and compliance, corporate responsibility, community and stakeholder involvement.
The site remediation consulting services market size is expected to see steady growth in the next few years. It will grow to $19.68 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to sustainable remediation practices ,urban redevelopment initiatives, government initiatives, brownfield revitalization, data analytics and site characterization. Major trends in the forecast period include adoption of green technologies, community engagement, remediation in real estate development, advanced monitoring technologies, recovery and reuse strategies.
The rapid rise in air and water pollution levels over the last decade and the increase in natural calamities such as floods, earthquakes, and landslides globally are driving the demand for site remediation consulting services. There has been an increase in the scope for ecological restoration and site remediation consulting services due to the rise in natural calamities such as tsunamis, hurricanes, and earthquakes. For instance, in 2021, according to the National Oceanic and Atmospheric Administration, United States suffered $145 billion in damages due to weather disasters. Floods on the Mississippi, Missouri, and Arkansas rivers were three of them. Flooding affected over 14 million people this year, with an additional 200 million at risk.
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The site remediation consulting services market covered in this report is segmented –
1) By Type: Bioremediation; Pump & treat; In situ vitrification; Thermal treatment; Chemical treatment; Excavation; Soil washing; Other Types
2) By Service: Remediation Services, Soil Remediation Services, Water Remediation Services
3) By Application: Waste disposal sites; Oil & gas; Mining; Chemical & Petrochemical; Manufacturing; Agriculture; Construction; Other Applications
The site remediation consulting services market report table of contents includes:
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