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Global Bioremediation Technology & Services Industry (2020 to 2027) - Key Market Trends and Drivers - ResearchAndMarkets.com
August 4, 2021 GMT
DUBLIN--(BUSINESS WIRE)--Aug 4, 2021--
Amid the COVID-19 crisis, the global market for Bioremediation Technology and Services estimated at US$39.4 Billion in the year 2020, is projected to reach a revised size of US$62.7 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027.
Soil Remediation, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$19.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wastewater Remediation segment is readjusted to a revised 7.7% CAGR for the next 7-year period.