United States Environment Clean Up & Remediation Market to Surpass 31.82 Billion by 2026

Published: April 2021 www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on United States Environment Clean Up and Remediation Market 4. Executive Summary 5. Voice of Customer 5.1. Brand Awareness 5.2. Brand Satisfaction Level 5.3. Factors Influencing Purchase Decision 6. United States Environment Clean Up and Remediation Market Outlook 6.1. Market Size & Forecast 7.1.1. By Value 6.2. Market Share & Forecast 6.2.1. By Medium (Soil, Surface Water & Ground Water) 6.2.2. By Type (Bioremediation, Pump & Treat, In Situ Vitrification, Thermal Treatment, Chemical Treatment, Excavation, Soil Washing & Others) 6.2.3. By Application (Waste Disposal Sites, Oil & Gas, Mining, Chemical & Petrochemical, Manufacturing, Agriculture, Construction and Others) 6.2.4. By Region (North East, Midwest, West, South) 6.2.5. By Company (2020) 6.3. Market Map 7. United States Ground Water Environment Clean Up and Remediation Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Type © TechSci Research 2

Table of Contents S. No. Contents 7.2.1 By Application 8. United States Surface Water Clean Up and Remediation Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Application 9. United States Soil Clean Up and Remediation Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Type 9.2.2. By Application 10. Market Dynamics 10.1. Drivers 10.2 Challenges 11. Market Trends and Developments 12. Value Chain Analysis 13. Policy and Regulatory Landscape 14. United States Economic Profile 15. Competitive Landscape 15.1 Bechtel Corporation 15.2 Clean Harbors, Inc. © TechSci Research 3

Table of Contents S. No. Contents 15.3. Golder Associates Inc. 15.4. BRISEA Group, Inc. 15.5. Veolia North America 15.6. Terra Systems, Inc. 15.7. ENTACT LLC 15.8. SUEZ North America Inc. 15.9. Heritage Environmental Services, LLC 15.10. US Ecology, Inc. 16. Strategic Recommendations 17. About Us & Disclaimer © TechSci Research 4

Product Overview

Scope of Report Product of Interest (POI): Environment Clean up and Remediation Environment clean up and remediation is the removal of pollution or contaminants from water and soil. These waste products / toxic substances are removed for the protection of human health, as well as to restore the environment. Soil remediation includes topsoil, subsoil, and sediments whereas water remediation includes both groundwater and surface water. Soil and water remediation may be conductedseparatelyor together, dependingon thetype and extentof the pollution. Market Segmentation APPLICATION TYPE • Waste Disposal Sites • Bioremediation Year Range • Oil & Gas • Pump & Treat • Mining • In Situ Vitrification • Chemical & • Thermal Treatment Review Period Petrochemical • Chemical Treatment 2016 – 2019 • Manufacturing • Excavation Base Year • Agriculture • Soil Washing • Construction • Others 2020 • Others REGION Estimated Year MEDIUM • North East 2021 • Soil • Midwest Forecast Period • Surface Water • West • Ground Water • South 2022 – 2026 © TechSci Research 66

Research Methodology

Research Methodology Market Formulating Developing List Data Data Data Profiling Questionnaire of Respondents Collection Validation Analysis In-depth secondary In order to conduct List of industry TechSci conducted Data obtained as a The data was scrutinized research was conducted to industry experts’ players and industry interviews with result of primary using MS-Excel, statistical determine top players in interviews, TechSci specialists was industry experts and and secondary tools and internal the United States formulated a detailed developed. industry players for research was proprietary database to Environment Clean up & discussion guide. data collection and validated through obtain qualitative and Remediation Market, verification. rigorous quantitative insights about overall market size and triangulation. the United States segmental market size. Environment Clean up & Remediation Market. Primary Research Desk Research Company Analysis ✓ Identifying Key Opinion ✓ Recent Developments ✓ Market Participants Data Data Filter Research & Actionable Business ✓ Market Changing ✓ Key Strengths Collection & Analysis Intelligence Insights Solution Leaders Aspects/Dynamics ✓ Questionnaire Design ✓ Government Policies ✓ In-depth Interviews ✓ Conclusion Primary Research Secondary Paid Sources Research ✓ LinkedIn ✓ Company Websites ✓ Factiva ✓ TechSci Internal ✓ Company Annual ✓ Hoovers Database Reports ✓ White Paper Study ✓ Financial Reports ✓ Investor Presentations ✓ Regulatory Body ✓ Associations, etc. © TechSci Research 88

ResearchMethodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the United States Environment Clean up & Remediation Market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing number of pipeline leakages and incidents affecting the environment. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the United States Environment Clean up and Remediation Market. Methodology Followed for Calculation of Market Size: • Market Size by Value : Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as environment clean up & remediation service providers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 United States environment clean up & remediation service providers, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders in United States Environment Clean up & Remediation Market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016 to 2020. © TechSci Research 99

Research Methodology • Respondents were asked about the current and future market growth rates, market shares by medium, by type, by application, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: • Market shares by medium, by type, by application, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of environment clean up & remediation market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast United States Environment Clean up & Remediation Market, TechSci Research used various forecast techniques such as: ✓ Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis © TechSci Research 1010

Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD billion. Partial List of Companies Interviewed Key Secondary Sources ▪ Bechtel Corporation ▪ World Bank ▪ International Monetary Fund (IMF) ▪ Clean Harbors, Inc. ▪ TechSci Research Proprietary Database & Knowledge ▪ Golder Associates Inc. Repository ▪ BRISEA Group, Inc. ▪ Company Annual Reports ▪ Veolia North America ▪ Industry Magazines ▪ Industry Reports ▪ Terra Systems, Inc. ▪ News Dailies ▪ ENTACT LLC ▪ Credible Paid Databases ▪ SUEZ North America Inc. ▪ Heritage Environmental Services, LLC ▪ US Ecology, Inc. © TechSci Research 1111

Industry Brief According to TechSci Research report, “United States Environment Clean Up & Remediation Market By Medium (Soil, Surface Water & Ground Water), By Type (Bioremediation, Pump & Treat, In Situ Vitrification, Thermal Treatment, Chemical Treatment, Excavation, Soil Washing, Others), By Application (Waste Disposal Sites, Oil & Gas, Mining, Chemical & Petrochemical, Manufacturing, Agriculture, Construction, Others), By Region, Forecast & Opportunities, 2026”, United States Environment Clean Up & Remediation Market is expected to witness a significant growth rate of 7.08% CAGR during 2021-2026. Growing focus of remediation companies on land and water on account of increasing industrial waste, in addition to stringent regulatory norms, is expected to drive the United States Environment Clean Up & Remediation Market in the coming years. Increasing competition and growing number of pipeline leakages and incidents are some of the other key factors that would fuel the market over the next five years. Environment clean up & remediation is the removal of pollution or contaminants from water and soil. These waste products / toxic substances are removed for the protection of human health, as well as to restore the environment. Ecological remediation is completed on different natural media, including soil, sediment, groundwater, and surface water. The United States Environment Clean Up & Remediation Market is segmented based on medium, type, application, region and company. On the basis of medium, the market can be segmented into soil, surface water & ground water. Soil remediation alludes to procedures that are utilized to clean and revive the soil. Soil pollution is brought about by numerous factors that cause groundwater contamination. Regularly, the soil and groundwater are contaminated from a similar source and both should be remediated simultaneously. Soil contamination can result from industrial activity, chemical spills, and the utilization of specific fertilizers and pesticides. Among all, the ground water segment is anticipated to dominate the market during the forecast period due to increasing waste disposal in water bodies and landfills. Due to the porous nature of the soil the contaminants percolates into the ground contaminating soil and groundwater both. Most of the population in united states depends on ground water as a source of drinking water and agriculture. Hence the increase in contamination in the ground water is expected to propel the demand for environment clean up and remediation services in the United States. Based on type, the market can be segmented into bioremediation, pump & treat, in situ vitrification, thermal treatment, chemical treatment, excavation, soil washing & others. The in-situ vitrification has the largest share among all other segments. The disposal of waste into the landfills have led to increase in in-situ vitrification which is a technology to destroy contaminants from the soil with use of electricity and without creating pollution. The ability to treat mixed wastes, including soils with buried trash or drums, dewatered sludge, mine tailings, or sediments makes in-situ vitrification segment to dominate over other remediation types. Based on the application, the market can be segmented into waste disposal sites, oil & gas, mining, chemical & petrochemical, manufacturing, agriculture, construction, others. The waste disposal sites segment held the largest market share in 2020 followed by chemical & petrochemical segment. Waste disposal sites includes bottles and corrugated boxes, food, grass clippings, sofas, computers, tires and refrigerators. According to the United States Environmental Protection Agency the total generation of municipal solid waste (MSW) in 2018 was 292.4 million tons or 4.9 pounds per person per day. The rise in population will increase the amount of waste in waste disposal sites which will further lead to the growth of United States Environment Clean Up & Remediation Market. On the basis of region, the Western region held the largest share in United States Environment Clean Up & Remediation Market in 2020 and is expected to maintain the market dominance during the forecast period as well. Bechtel Corporation, Clean Harbors Inc., Golder Associates Inc., BRISEA Group, Inc., Veolia North America, Terra Systems, Inc., ENTACT LLC, SUEZ North America Inc., Heritage Environmental Services, LLC, US Ecology, Inc. are some of the leading players operating in the United States Environment Clean Up & Remediation Market. The companies operating in the market are using strategies such as mergers and collaborations to boost their market share in the United States Environment Clean Up & RemediationMarket. Leading players are focusing on expanding their service portfolios to maintain sustainable growth in the market. “United States is expected to witness growth in the Environment Clean Up & Remediation Market during the forecast period, owing to the constant push from the government in terms of stringent and environment friendly policy formulation and implementation. Increasing demand from agriculture, chemical, oil & gas and manufacturing industries for waste management and environmental remediation is going to propel the market growth. Additionally, presence of major players operating in the market in the country is expected to create lucrative opportunities for the market growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. © TechSci Research 1212

Sample Data - Snapshot United States Environment Clean Up and Remediation Market Size, By Value (USD Billion), 2016-2026F CAGR 2016-2020 CAGR 2021E-2026F By Value: xx% By Value: xx% 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Value (USD Billion) United States Environment Clean Up and Remediation Market Share, By Medium, By Value, 2016-2026F 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F Ground Water 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% Surface Water 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% Soil 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% United States Soil Clean Up and Remediation Market Share, By Type, By Value, 2016-2026F 2016 2017 2018 2019 2020 2021E 2022F 2023F 2024F 2025F 2026F In Situ Vitrification 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% Chemical Treatment 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% Excavation 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% Soil Washing 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% 10.00% Pump & Treat 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% Thermal Treatment 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% Bioremediation 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% Others 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% © TechSci Research 1313

Report Ordering Report Name: UNITED STATES ENVIRONMENT CLEAN UP AND REMEDIATION MARKET FORECAST AND OPPORTUNITIES 2016 – 2026 License Type Price Single User License $3500 Multi-User License $4500 Custom Research License $7500 To View Sample OR Purchase Report © TechSci Research 1414

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