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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.
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This report analyzes the worldwide just as territorial business sectors for innovations utilized in the remediation of ecological tainting. The report delves into the subtleties of the market for ecological remediation, comparable to the soil, water and air remediation.
The advanced technologies considered to shape the market for remediation innovations are those that are considered as the Remediation Technologies segment of this report. Any innovations that are excluded from the previously mentioned area are excluded from the market evaluation, except if in any case explicitly expressed. Likewise, excluded inside the extent of this report or in the market size and development gauges, are advancements that are material exclusively for treatment (like wastewater treatment) and not for remediation; notwithstanding, advances that can be dually applied and have seen critical use for remediation reasons for ex