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Global Bioremediation Technology & Services Market: Phytoremediation Technology Projected to Grow at Highest CAGR through 2025

Press release Description

Albany, New York, March 14, 2018: A new research study titled “Bioremediation Technology & Services Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” has recently been added to the vast database of Market Research Reports Search Engine (MRRSE). According to the report, the global bioremediation technology and services market is projected to grow at over 8% CAGR through 2025.

The report offers a detailed overview on the key factors that are fuelling demand for bioremediation technology globally. A holistic analysis on the drivers, restraints, opportunities, and threats has been offered in the report. The market dynamics that are influencing strategies of key players have been discussed in detail, and a lucid competition landscape has also been offered to users.

According to the report, global adoption of bioremediation technology and services is likely to grow at a significant pace on account of its growing use in wastewater treatment. Governments around the world are focusing on developing organic and highly effective ways of treating wastewater, and bioremediation technology has emerged as a feasible method.

Increasing awareness on the benefits of bioremediation technology and services over conventional wastewater treatment services is likely to provide an impetus to growth. End-users are focusing on highly cost-efficient and convenient methods of treating wastewater, and it is highly likely that penetration of bioremediation will witness an increase during the assessment period.

The global market has been segmented on the basis of services, technology and region for detailed analysis. The services segment is further sub-segmented into soil remediation, oilfield remediation, wastewater remediation and others. Similarly, the segment of technology is also categorized into various sub-segments which are biostimulation, bioreactors, land-based treatments, phytoremediation, bioaugmentation and fungal remediation. Geographically, the global market has been divided into different regions which are North America, Europe, Asia Pacific Excluding Japan, Latin America, Middle East & Africa and Japan.

According to the report, fungal remediation is one of the most used technology segments. The report projects this segment to grow at a steady pace during the assessment period. The growth of the fungal remediation segment can be attributed to adoption among pharmaceutical and heavy metal industries. On the other hand, phytoremediation segment is projected to witness the highest growth during the assessment period.

The report also profiles the leading players in the global bioremediation technology and services market. Some of the key players in the market include Altogen Labs, Drylet, LLC, Environmental Services, Inc., REGENESIS, Ivey International, Inc., PROBIOSPHERE Inc., Aquatech International LLC, Sarva Bio Remed, LLC, Sevenson, InSitu Remediation Services Limited, Soilutions Ltd, Sumas Remediation Services Inc., and Xylem Inc.

Browse Full Global Bioremediation Technology & Services Market Report with TOC :

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