REPORT SCOPE & OVERVIEW
The Bioremediation Market size was estimated USD 13.4 billion in 2022 and is expected to reach USD 28.3 billion by 2030 at a CAGR of 9.8% during the forecast period of 2023-2030.
Bioremediation is the employment of microorganisms to remove toxins from the environment, such as oil and other petroleum products, solvents, and pesticides. Bioremediation is carried out by microorganisms by breaking down contaminants and transforming them into less hazardous forms. Nutrients, pH, temperature, and oxygen all have an impact on microorganism activity. Pollution in the environment is a huge global challenge that has a substantial influence on human health.
The increased need for bioremediation techniques, firms can diversify their market services through a variety of strategic approaches. Some of the contributors' strategies include product launches, joint ventures, collaborations, partnerships, acquisitions, product approval and grants, and business expansions.
Government actions and assistance for environmental protection
The government plays a significant role in making the environment safer by establishing laws, developing policies, and coordinating environmental issues. With increased awareness about environmental pollution, governments in many regions are adopting proactive actions to decrease pollution's detrimental consequences.
Excessive organic compound leakage and insufficient solid waste disposal
Chemical processes emit chemicals known as volatile organic compounds (VOCs). Organic compounds are organic substances with a high vapor pressure at room temperature. These are carbon-containing substances that participate in photochemical processes in the atmosphere. Volatile organic compounds (VOCs) are harmful to individuals and the environment in the long run. Carbon disulfide, dichlorobenzene, ethanol, formaldehyde, and terpenes are examples of VOCs. According to the US Environmental Protection Agency (EPA), VOCs can cause nose, eye, and throat irritation, as well as frequent headaches, nausea, and liver, kidney, and central nervous system (CNS) damage. VOCs form ozone when they react with nitrogen epoxides released by cars, which converts them into fine particles when exposed to sunlight. Excessive VOC leakage limits the activity of microorganisms utilized in bioremediation.
Intensifying research and development efforts
Worldwide, much study is being performed to better understand the potential of various bacteria that can be used in the bioremediation process. In addition, research is being carried out to find and test new microorganisms that can be used in the bioremediation process. Researchers at the Coates lab in the United States, for example, have discovered microorganisms capable of converting perchlorate to chloride. Similarly, the University of Houston identified the microbes that degraded the organophosphorus chemicals. The usage of E. coli and other microbes in the degradation of organophosphorus hydrolase enzyme has been identified. As a result, increased research activity is likely to boost market expansion in the future years. Waste Management Bioremediation Integration
Secondary Contamination Risk
In some situations, the bioremediation process may result in the development of intermediate chemicals or byproducts that may represent secondary contamination hazards.
Long-term Monitoring and Upkeep
IMPACT OF RUSSIAN UKRAINE WAR
The war between Russia and Ukraine had a substantial influence on the bioremediation industry. Civil unrest, bad business operating conditions, a lack of infrastructure, and government help for commerce and transportation are some of the primary influencing variables. Unstable European economies, as well as decreased Russian crude oil supply and export to the rest of the world, have resulted in a global lack of basic commodities. Aside from that, both nations' constant military operations and armaments have wreaked havoc on the ecosystem. Approximately 30 million tons of carbon dioxide (CO2) were created during the seven-month war.
IMPACT OF ONGOING RECESSION
During the economic downturn, hospitals prioritized cost-cutting and structural improvements over quality issues. For example, a lack of resources has resulted in a decrease in evidence-based practice in hospitals. Furthermore, understaffing has resulted in poor quality and safety of care, patient discontent, and a higher mortality rate, which is associated with increased staff effort and a decrease in adequate competent staff. Furthermore, due to a lack of infrastructure, equipment, and medical supplies, the patient's waiting time has increased, resulting in fatal delays and poor quality of care. In Southern Spain, for example, extended waiting lists for procedures raised patient discontent twofold.
In Situ Bioremediation
Ex Situ Bioremediation
In 2022, the In Situ Bioremediation segment is expected to held the highest market growth rate of 57.1% during the forecast period due to the technique refers to the remediation 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 approach can be managed by manipulating parameters such as aeration, nutrition concentration, moisture content, and so on to increase organism activity and speed up the breakdown rate.
In 2022, the Phytoremediation segment is expected to dominate the market growth of 32.3% during the forecast period owing to the technology is in high demand due to its applications in the removal of heavy metals, radionuclides, organic pollutants, and pesticides using plants. It entails the employment of techniques for the treatment of pollutants such as rhizodegradation, rhizofiltration, phytovolatilization, phytoextraction, and phytostabilization, among others.
In 2022, the soil remediation segment is expected to dominate the market growth of 39.9% during the forecast period due to the service entails the removal of soil contamination caused by sources such as chemical dumping, inappropriate waste disposal, pipe leaks and spills, and others. The high level of soil degradation caused by industrial pollutants, agrochemicals, and municipal trash drives demand for soil restoration. According to the United Nations, for example, land and soil degradation affects approximately 3.2 billion people worldwide. As a result, the growing demand for soil remediation is likely to contribute significantly to market growth.
North America held a significant market share of 40.8% in 2022 owing to the advanced infrastructure, significant industrial growth and waste generation, and the presence of important market competitors such as Regenesis Corp., Probiosphere, Inc., and Xylem, Inc. Furthermore, the region has significant bioremediation research potential, which is anticipated to fuel technological breakthroughs and encourage industry expansion. For example, a study published in the journal Applied and Environmental Microbiology in September 2021 reported the presence of marine bacteria capable of digesting hydrocarbons such as oil and diesel in the Canadian Arctic region.
Asia-Pacific is witness to expand fastest CAGR rate during the forecast period due to significant amounts of hazardous waste as a result of the region's expanding economic development and increased awareness of environmental protection. Furthermore, the region has a high population and developing countries with relatively underdeveloped waste management systems, such as Pakistan, Cambodia, and others. These factors are expected to drive industrial growth by causing contamination issues to worsen.
Rest of Eastern Europe
Rest of Western Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East
Rest of Africa
Rest of Latin America
The major key players are Newterra Ltd., Sumas Remediation Service, Inc., Probiosphere, Inc., Drylet, Inc., Xylem, Inc, Regenesis Corp., Aquatech International Corp., Envirogen Technologies, Inc., Texas A&M AgriLife, MicroGen Biotech Ltd., Oil Spill Eater International, Inc., Allonnia and Others.
Newterra Ltd-Company Financial Analysis
In March 2021, Allonnia secured a USD 20 million investment to expand its bioremediation portfolio for oil sands-related pollution. This broadened the company's offerings and strengthened its market position.
In October 2022, in the first phase of bioremediation, the municipal corporation of Ludhiana, India, committed a budget of more than USD 3 million to dispose of over 5 lakh Metric tons of trash.
In July 2022, Researchers at Texas A&M AgriLife created a novel bioremediation approach for cleaning up per and poly-fluoroalkyl substances, or PFAS, which are chemical contaminants that affect human health and environmental sustainability. The substance has commercial application in the disposal of PFAS, also known as "forever chemicals."
Market Size in 2022
US$ 13.4 billion
Market Size by 2030
US$ 28.3 billion
CAGR of 9.8% From 2023 to 2030
Report Scope & Coverage
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
By Type (In Situ Bioremediation, Ex Situ Bioremediation), By Technology (Biostimulation, Phytoremediation, Bioreactors, Fungal Remediation, Bioaugmentation, Land-based Treatment), By Service (Soil Remediation, Oilfield Remediation, Wastewater Remediation, Others)
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Newterra Ltd., Sumas Remediation Service, Inc., Probiosphere, Inc., Drylet, Inc., Xylem, Inc, Regenesis Corp., Aquatech International Corp., Envirogen Technologies, Inc., Texas A&M AgriLife, MicroGen Biotech Ltd., Oil Spill Eater International, Inc., Allonnia
•Intensifying research and development efforts
•Secondary Contamination Risk
•Long-term Monitoring and Upkeep
Intensifying research and development efforts.
Excessive leakage of an organic compound and inadequate solid waste disposal.
The growth rate of Bioremediation market is expected to grow USD 28.3 billion by 2030.
Bioremediation market size was valued at USD 13.4 billion in 2022.
Bioremediation market is anticipated to expand by 9.8% from 2023 to 2030.
Table of Content
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.2 Impact on major economies
188.8.131.52 United Kingdom
184.108.40.206 South Korea
220.127.116.11 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Bioremediation Market Segmentation, By Type
8.1 In Situ Bioremediation
8.2 Ex Situ Bioremediation
9. Bioremediation Market Segmentation, By Technology
9.4 Fungal Remediation
9.6 Land-based Treatment
10. Bioremediation Market Segmentation, By Service
10.1 Soil Remediation
10.2 Oilfield Remediation
10.3 Wastewater Remediation
11. Regional Analysis
11.2 North America
11.2.1 North America Bioremediation Market by Country
11.2.2North America Bioremediation Market by Type
11.2.3 North America Bioremediation Market by Technology
11.2.4 North America Bioremediation Market by Service
18.104.22.168 USA Bioremediation Market by Type
22.214.171.124 USA Bioremediation Market by Technology
126.96.36.199 USA Bioremediation Market by Service
188.8.131.52 Canada Bioremediation Market by Type
184.108.40.206 Canada Bioremediation Market by Technology
220.127.116.11 Canada Bioremediation Market by Service
18.104.22.168 Mexico Bioremediation Market by Type
22.214.171.124 Mexico Bioremediation Market by Technology
126.96.36.199 Mexico Bioremediation Market by Service
11.3.1 Eastern Europe
188.8.131.52 Eastern Europe Bioremediation Market by Country
184.108.40.206 Eastern Europe Bioremediation Market by Type
220.127.116.11 Eastern Europe Bioremediation Market by Technology
18.104.22.168 Eastern Europe Bioremediation Market by Service
22.214.171.124.1 Poland Bioremediation Market by Type
126.96.36.199.2 Poland Bioremediation Market by Technology
188.8.131.52.3 Poland Bioremediation Market by Service
184.108.40.206.1 Romania Bioremediation Market by Type
220.127.116.11.2 Romania Bioremediation Market by Technology
18.104.22.168.4 Romania Bioremediation Market by Service
22.214.171.124.1 Turkey Bioremediation Market by Type
126.96.36.199.2 Turkey Bioremediation Market by Technology
188.8.131.52.3 Turkey Bioremediation Market by Service
184.108.40.206 Rest of Eastern Europe
220.127.116.11.1 Rest of Eastern Europe Bioremediation Market by Type
18.104.22.168.2 Rest of Eastern Europe Bioremediation Market by Technology
22.214.171.124.3 Rest of Eastern Europe Bioremediation Market by Service
11.3.2 Western Europe
126.96.36.199 Western Europe Bioremediation Market by Type
188.8.131.52 Western Europe Bioremediation Market by Technology
184.108.40.206 Western Europe Bioremediation Market by Service
220.127.116.11.1 Germany Bioremediation Market by Type
18.104.22.168.2 Germany Bioremediation Market by Technology
22.214.171.124.3 Germany Bioremediation Market by Service
126.96.36.199.1 France Bioremediation Market by Type
188.8.131.52.2 France Bioremediation Market by Technology
184.108.40.206.3 France Bioremediation Market by Service
220.127.116.11.1 UK Bioremediation Market by Type
18.104.22.168.2 UK Bioremediation Market by Technology
22.214.171.124.3 UK Bioremediation Market by Service
126.96.36.199.1 Italy Bioremediation Market by Type
188.8.131.52.2 Italy Bioremediation Market by Technology
184.108.40.206.3 Italy Bioremediation Market by Service
220.127.116.11.1 Spain Bioremediation Market by Type
18.104.22.168.2 Spain Bioremediation Market by Technology
22.214.171.124.3 Spain Bioremediation Market by Service
126.96.36.199.1 Netherlands Bioremediation Market by Type
188.8.131.52.2 Netherlands Bioremediation Market by Technology
184.108.40.206.3 Netherlands Bioremediation Market by Service
220.127.116.11.1 Switzerland Bioremediation Market by Type
18.104.22.168.2 Switzerland Bioremediation Market by Technology
22.214.171.124.3 Switzerland Bioremediation Market by Service
126.96.36.199.1 Austria Bioremediation Market by Type
188.8.131.52.2 Austria Bioremediation Market by Technology
184.108.40.206.3 Austria Bioremediation Market by Service
220.127.116.11 Rest of Western Europe
18.104.22.168.1 Rest of Western Europe Bioremediation Market by Type
22.214.171.124.2 Rest of Western Europe Bioremediation Market by Technology
126.96.36.199.3 Rest of Western Europe Bioremediation Market by Service
11.4.1 Asia-Pacific Bioremediation Market by Country
11.4.2 Asia-Pacific Bioremediation Market by Type
11.4.3 Asia-Pacific Bioremediation Market by Technology
11.4.4 Asia-Pacific Bioremediation Market by Service
188.8.131.52 China Bioremediation Market by Type
184.108.40.206 China Bioremediation Market by Technology
220.127.116.11 China Bioremediation Market by Service
18.104.22.168 India Bioremediation Market by Type
22.214.171.124 India Bioremediation Market by Technology
126.96.36.199 India Bioremediation Market by Service
188.8.131.52 Japan Bioremediation Market by Type
184.108.40.206 Japan Bioremediation Market by Technology
220.127.116.11 Japan Bioremediation Market by Service
11.4.8 South Korea
18.104.22.168 South Korea Bioremediation Market by Type
22.214.171.124 South Korea Bioremediation Market by Technology
126.96.36.199 South Korea Bioremediation Market by Service
188.8.131.52 Vietnam Bioremediation Market by Type
184.108.40.206 Vietnam Bioremediation Market by Technology
220.127.116.11 Vietnam Bioremediation Market by Service
18.104.22.168 Singapore Bioremediation Market by Type
22.214.171.124 Singapore Bioremediation Market by Technology
126.96.36.199 Singapore Bioremediation Market by Service
188.8.131.52 Australia Bioremediation Market by Type
184.108.40.206 Australia Bioremediation Market by Technology
220.127.116.11 Australia Bioremediation Market by Service
11.4.12 Rest of Asia-Pacific
18.104.22.168 Rest of Asia-Pacific Bioremediation Market by Type
22.214.171.124 Rest of Asia-Pacific Bioremediation Market by Technology
126.96.36.199 Rest of Asia-Pacific Bioremediation Market by Service
11.5 Middle East & Africa
11.5.1 Middle East
188.8.131.52 Middle East Bioremediation Market by Country
184.108.40.206 Middle East Bioremediation Market by Type
220.127.116.11 Middle East Bioremediation Market by Technology
18.104.22.168 Middle East Bioremediation Market by Service
22.214.171.124.1 UAE Bioremediation Market by Type
126.96.36.199.2 UAE Bioremediation Market by Technology
188.8.131.52.3 UAE Bioremediation Market by Service
184.108.40.206.1 Egypt Bioremediation Market by Type
220.127.116.11.2 Egypt Bioremediation Market by Technology
18.104.22.168.3 Egypt Bioremediation Market by Service
22.214.171.124 Saudi Arabia
126.96.36.199.1 Saudi Arabia Bioremediation Market by Type
188.8.131.52.2 Saudi Arabia Bioremediation Market by Technology
184.108.40.206.3 Saudi Arabia Bioremediation Market by Service
220.127.116.11.1 Qatar Bioremediation Market by Type
18.104.22.168.2 Qatar Bioremediation Market by Technology
22.214.171.124.3 Qatar Bioremediation Market by Service
126.96.36.199 Rest of Middle East
188.8.131.52.1 Rest of Middle East Bioremediation Market by Type
184.108.40.206.2 Rest of Middle East Bioremediation Market by Technology
220.127.116.11.3 Rest of Middle East Bioremediation Market by Service
18.104.22.168 Africa Transfusion Diagnostics Market by Country
22.214.171.124 Africa Bioremediation Market by Type
126.96.36.199 Africa Bioremediation Market by Technology
188.8.131.52 Africa Bioremediation Market by Service
184.108.40.206.1 Nigeria Bioremediation Market by Type
220.127.116.11.2 Nigeria Bioremediation Market by Technology
18.104.22.168.3 Nigeria Bioremediation Market by Service
22.214.171.124 South Africa
126.96.36.199.1 South Africa Bioremediation Market by Type
188.8.131.52.2 South Africa Bioremediation Market by Technology
184.108.40.206.3 South Africa Bioremediation Market by Service
220.127.116.11 Rest of Africa
18.104.22.168.1 Rest of Africa Bioremediation Market by Type
22.214.171.124.2 Rest of Africa Bioremediation Market by Technology
126.96.36.199.3 Rest of Africa Bioremediation Market by Service
11.6 Latin America
11.6.1 Latin America Bioremediation Market by Country
11.6.2 Latin America Bioremediation Market by Type
11.6.3 Latin America Bioremediation Market by Technology
11.6.4 Latin America Bioremediation Market by Service
188.8.131.52 Brazil Bioremediation Market by Type
184.108.40.206 Brazil Bioremediation Market by Technology
220.127.116.11 Brazil Bioremediation Market by Service
18.104.22.168 Argentina Bioremediation Market by Type
22.214.171.124 Argentina Bioremediation Market by Technology
126.96.36.199 Argentina Bioremediation Market by Service
188.8.131.52 Colombia Bioremediation Market by Type
184.108.40.206 Colombia Bioremediation Market by Technology
220.127.116.11 Colombia Bioremediation Market by Service
11.6.8 Rest of Latin America
18.104.22.168 Rest of Latin America Bioremediation Market by Type
22.214.171.124 Rest of Latin America Bioremediation Market by Technology
126.96.36.199 Rest of Latin America Bioremediation Market by Service
12. Company profile
12.1 Newterra Ltd.
12.1.1 Company Overview
12.1.3 Product/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Sumas Remediation Service, Inc.
12.2.1 Company Overview
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Probiosphere, Inc.
12.3.1 Company Overview
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Drylet, Inc.
12.4.1 Company Overview
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Xylem, Inc
12.5.1 Company Overview
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Regenesis Corp
12.6.1 Company Overview
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Aquatech International Corp.
12.7.1 Company Overview
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Envirogen Technologies, Inc.
12.8.1 Company Overview
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Texas A&M AgriLife
12.9.1 Company Overview
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 MicroGen Biotech Ltd.
12.10.1 Company Overview
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Oil Spill Eater International, Inc.
12.11.1 Company Overview
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12.1 Company Overview
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Cases and Best Practices
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