Bioremediation Market Size to Surpass USD 38.57 BN by 2032
The bioremediation market size was estimated at USD 14.95 billion in 2022 and is expected to surpass around USD 38.57 billion by 2032 and poised to grow at a compound annual growth rate (CAGR) of 9.94% during the forecast period 2023 to 2032.
Key Takeaways:
Bioremediation Market Report Scope
| Report Attribute | Details |
| Market Size in 2023 | USD 16.44 Billion |
| Market Size by 2032 | USD 38.57 Billion |
| Growth Rate From 2023 to 2032 | CAGR of 9.94% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Type, Technology, Service, Region |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Key Companies Profiled | Newterra Ltd.; Sumas Remediation Service Inc.; Probiosphere, Inc.; Drylet, Inc.; Xylem, Inc; Regenesis Corporation; Aquatech International Corp.; Envirogen Technologies, Inc.; MicroGen Biotech Ltd.; Oil Spill Eater International Inc. |
Rapid growth in industrialization & increasing environmental deterioration, advancements in synthetic technologies, and increasing government support for bioremediation research and innovations are driving the market growth.Genome editing tools, such as CRISPR-Cas and TALEN, are facilitating metabolic engineering applications for the production of optimized enzymes and metabolic pathways that aid in the biodegradation process. Similarly, quorum sensing-based microbial interactions can be effectively used for designing gene circuits and microbial biosensors for the detection and degradation of persistent recalcitrant pollutants.
These factors can accelerate the adoption of bioremediation techniques and fuel market growth. Furthermore, synthetic biology also enables the designing of biological molecules with the desired chemical composition that can be used for the degradation of target contaminant molecules. Several enzyme modification approaches have been developed in this domain, such as enzyme immobilization, using magnetic nanoparticles, production of designer enzymes, and generation of single enzyme nanoparticles, among others. Therefore, the use of synthetic technology for utilizing the bio-degradative capabilities of enzymes is expected to drive the industry.In addition, government authorities are raising awareness about the implementation of bioremediation strategies to drive the adoption of the technique.
For instance, in June 2020, the Indian Government issued an advisory for the treatment and disposal of solid waste through the bioremediation process for reclamation of landfill sites. The advisory was directed toward Urban Local Bodies and signified the increasing attention drawn by bioremediation in the country.The COVID-19 pandemic has led to increased awareness about disinfection, sterilization, and remediation of contaminated areas in public spaces and homes. Furthermore, as the SARS-CoV-2 virus continues to undergo mutations, causing recurrent waves of infection cases around the globe, demand for bioremediation services for reducing the risk of contamination is expected to rise. Similarly, large quantities of Personal Protective Equipment (PPE) and face masks used have led to new challenges in the disposal and treatment of medical waste, which present new growth opportunities for bioremediation.
Type Insights
The in situ type segment dominated the industry in 2022 and accounted for the largest share of 58.06% of the global revenue. The technique refers to the treatment of contaminations at the original site without the need to excavate or pump out the contaminated materials. It involves the use of technologies, such as bio-venting, bioslurping, biosparging, natural attenuation, and others. The technique can be controlled by the manipulation of factors, such as aeration, nutrient concentration, moisture content, etc., to enhance the activity of organisms and accelerate the degradation rate.
Hence, the method is highly suitable for applications, such as the treatment of groundwater with low contaminant concentrations, where oxygen availability can be increased by pumping air into the soil subsurface.On the other hand, ex-situ bioremediation involves the use of composting, landfarming, soil biopiles, and slurry reactors to treat the contaminated materials away from the original location. The technique is widely used for the treatment of contaminated soil for the removal of hydrocarbons. However, excavation of contaminated materials can lead to additional expenses in the remediation process, which can limit the growth of the segment.
Technology Insights
On the basis of technologies, the global market has been further categorized into biostimulation, phytoremediation, bioreactors, fungal remediation, bioaugmentation, and land-based treatments. The phytoremediation segment accounted for the largest share of more than 32.02% of the global revenue in 2022. The demand for the technology is fueled by its applications for the removal of heavy metals, radionuclides, organic contaminants, and pesticides with help of plants. It involves the use of techniques, such as rhizodegradation, rhizofiltration, phytovolatilization,phytoextraction, and phytostabilization, among others, for the treatment of pollutants.
The segment is anticipated to grow further due to the low costs of phytoremediation as compared to other technologies, and the ability to sustainably remove organic and inorganic pollutants from soil and water. Fungal remediation is expected to grow at the fastest CAGR during the forecast period as fungi can demonstrate a wide range of metabolic capacities and can tolerate high concentrations of polluting agents. Fungi represent a promising option for the degradation of recalcitrant pollutants by the production of a variety of intracellular and extracellular enzymes, such as cytochrome P450 and peroxidases, respectively. These factors are likely to accelerate the adoption of fungal remediation technologies in the near future.
Service Insights
The soil remediation segment dominated the market in 2022 and accounted for the maximum share of more than 40.35% of the global revenue. The service involves the removal of soil contaminants originating from sources, such as dumping of chemicals, improper waste disposal, pipe leaks & spills, and others. Demand for soil remediation is supported by the high extent of soil degradation caused by industrial pollutants, agrochemicals, and municipal waste. For instance, according to the United Nations, globally over 3.2 billion people are affected by the degradation of land and soils. As a result, the increasing need for soil remediation is expected to significantly contribute to market growth.
Oilfield remediation is projected to grow at the fastest CAGR over the forecast period due to the rapid expansion of the crude oil industry and the development of eco-friendly oilfield remediation options. Surging oil prices in recent months have led to high pressure for increasing oil production in countries, such as the U.S. Moreover, recent advancements in omics technologies, such as metagenomics & metatranscriptomics, have enabled the use of microbial-based oilfield remediation strategies. Similarly, the use of biosurfactants for increasing the bioavailability of oil constituents has accelerated the adoption of oilfield bioremediation activities.
Regional Insights
North America accounted for the largest share of more than 42.10% of the global revenue in 2022 due to the presence of sophisticated infrastructure, high industrial growth & waste production, and presence of key market players, such as Regenesis Corp., Probiosphere, Inc., and Xylem, Inc. In addition, the region hosts substantial research potential for bioremediation that is likely to drive advancements in technology and promote industry growth. For instance, a study published in the journal of Applied and Environmental Microbiology in September 2021, demonstrated the presence of marine bacteria in the Canadian Arctic region that are capable of degrading hydrocarbons, such as oil and diesel.
Asia Pacific, on the other hand, is estimated to grow at the fastest CAGR during the forecast period. This high growth can be attributed tothe production of large quantities of hazardous waste due to the rising economic development and the increasing awareness about environmental protection in the APAC region. Furthermore, the region consists of a large population and relatively under-developed waste management systems in developing countries, such as Pakistan, Cambodia, and others. These factors can lead to a worsening of contamination issues and, thus, are anticipated to accelerate the industry growth.
Some of the prominent players in the Bioremediation Market include:
Segments Covered in the Report
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the Bioremediation market.
By Type
By Technology
By Service
By Region
Chapter 1 Methodology and Scope
1.1 Market Segmentation
1.1.1 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Nova one advisor Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.1.2 Approach 2: Country-wise market estimation using bottom-up approach
1.7 Global Market: CAGR Calculation
1.8 Research Assumptions
1.9 List of Secondary Sources
1.10 List of Primary Sources
1.11 Objectives
1.11.1 Objective 1:
1.11.2 Objective 2:
1.12 List of Abbreviations
Chapter 2 Market Definitions
Chapter 3 Executive Summary
3.1 Market Outlook
3.2 Market Summary
Chapter 4 Bioremediation Market Variables, Trends & Scope
4.1 Market Trends & Outlook
4.2 Market Segmentation & Scope
4.3 Market Driver Analysis
4.3.1 Rise In Industrialization And Associated Environmental Deterioration Are Driving The Adoption Of Bioremediation Technologies
4.3.2 Technological Advancements In Synthetic Biology Are Enhancing Bioremediation Capabilities And Boosting Its Growth
4.3.3 Increasing Number Of Government Initiatives And Grants Are Supporting The Adoption Of Bioremediation Techniques
4.4 Market Restraint Analysis
4.4.1 Growth Of Bioremediation Techniques Is Limited By Requirement Of Specific Environmental Conditions And Biodegradable Components
4.5 SWOT Analysis, by Factor (Political & Legal, Economic, and Technological)
4.6 Porter’s Five Forces Analysis
4.7 COVID-19 Impact Analysis
4.8 Penetration & Growth Prospect Mapping
Chapter 5 Bioremediation Market - Segment Analysis, by Type, 2020 - 2032
5.1 Bioremediation Market: Type Movement Analysis
5.2 In Situ Bioremediation
5.2.1 In Situ Bioremediation Market Estimates And Forecast, 2020 - 2032
5.3 Ex Situ Bioremediation
5.3.1 Ex Situ Bioremediation Market Estimates And Forecast, 2020 - 2032
Chapter 6 Bioremediation Market - Segment Analysis, by Technology, 2020 - 2032
6.1 Bioremediation Market: Technology Movement Analysis
6.2 Biostimulation
6.2.1 Biostimulation Market Estimates And Forecast, 2020 - 2032
6.3 Phytoremediation
6.3.1 Phytoremediation Market Estimates And Forecast, 2020 - 2032
6.4 Bioreactors
6.4.1 Bioreactors Market Estimates And Forecast, 2020 - 2032
6.5 Fungal Remediation
6.5.1 Fungal Remediation Market Estimates And Forecast, 2020 - 2032
6.6 Bioaugmentation
6.6.1 Bioaugmentation Market Estimates And Forecast, 2020 - 2032
6.7 Land-Based Treatments
6.7.1 Land-Based Treatments Market Estimates And Forecast, 2020 - 2032
Chapter 7 Bioremediation Market - Segment Analysis, by Service, 2020 - 2032
7.1 Bioremediation Market: Service Movement Analysis
7.2 Soil Remediation
7.2.1 Soil Remediation Market Estimates And Forecast, 2020 - 2032
7.3 Oilfield Remediation
7.3.1 Oilfield Remediation Market Estimates And Forecast, 2020 - 2032
7.4 Wastewater Remediation
7.4.1 Wastewater Remediation Market Estimates And Forecast, 2020 - 2032
7.5 Others
7.5.1 Other Services Market Estimates And Forecast, 2020 - 2032
Chapter 8 Bioremediation Market - Segment Analysis, By Region, 2020 - 2032
8.1 Bioremediation Market: Regional Movement Analysis
8.2 North America
8.2.1 North America Market Estimates And Forecast, 2020 - 2032
8.2.2 U.S.
8.2.2.1 U.S. Market Estimates And Forecast, 2020 - 2032
8.2.3 Canada
8.2.3.1 Canada Market Estimates And Forecast, 2020 - 2032
8.3 Europe
8.3.1 Europe Market Estimates And Forecast, 2020 - 2032
8.3.2 U.K.
8.3.2.1 U.K. Market Estimates And Forecast, 2020 - 2032
8.3.3 Germany
8.3.3.1 Germany Market Estimates And Forecast, 2020 - 2032
8.3.4 France
8.3.4.1 France Market Estimates And Forecast, 2020 - 2032
8.3.5 Italy
8.3.5.1 Italy Market Estimates And Forecast, 2020 - 2032
8.3.6 Spain
8.3.6.1 Spain market estimates and forecast, 2020 - 2032
8.4 Asia Pacific
8.4.1 Asia Pacific Market Estimates And Forecast, 2020 - 2032
8.4.2 Japan
8.4.2.1 Japan Market Estimates And Forecast, 2020 - 2032
8.4.3 China
8.4.3.1 China Market Estimates And Forecast, 2020 - 2032
8.4.4 India
8.4.4.1 India Market Estimates And Forecast, 2020 - 2032
8.4.5 Australia
8.4.5.1 Australia Market Estimates And Forecast, 2020 - 2032
8.4.6 South Korea
8.4.6.1 South Korea Market Estimates And Forecast, 2020 - 2032
8.5 Latin America
8.5.1 Latin America Market Estimates And Forecast, 2020 - 2032
8.5.2 Brazil
8.5.2.1 Brazil Market Estimates And Forecast, 2020 - 2032
8.5.3 Mexico
8.5.3.1 Mexico market estimates and forecast, 2020 - 2032
8.6 Middle East and Africa
8.6.1 Middle-East And Africa Market Estimates And Forecast, 2020 - 2032
8.6.2 South Africa
8.6.2.1 South Africa Market Estimates And Forecast, 2020 - 2032
8.6.3 Saudi Arabia
8.6.3.1 Saudi Arabia market estimates and forecast, 2020 - 2032
8.6.4 UAE
8.6.4.1 UAE market estimates and forecast, 2020 - 2032
Chapter 9 Competitive Analysis
9.1 Strategy Framework
9.2 Company/Competition Categorization
9.3 Company Profiles
9.3.1. NEWTERRA LTD.
9.3.1.1. Company Overview
9.3.1.2. Financial Performance
9.3.1.3. Product Benchmarking
9.3.1.4. Strategic Initiatives
9.3.2. SUMAS REMEDIATION SERVICES INC.
9.3.2.1. Company Overview
9.3.2.2. Financial Performance
9.3.2.3. Product Benchmarking
9.3.2.4. Strategic Initiatives
9.3.3. PROBIOSPHERE INC.
9.3.3.1. Company Overview
9.3.3.2. Financial Performance
9.3.3.3. Product Benchmarking
9.3.3.4. Strategic Initiatives
9.3.4. DRYLET, INC.
9.3.4.1. Company Overview
9.3.4.2. Financial Performance
9.3.4.3. Product Benchmarking
9.3.4.4. Strategic Initiatives
9.3.5. XYLEM INC
9.3.5.1. Company Overview
9.3.5.2. Financial Performance
9.3.5.3. Product Benchmarking
9.3.5.4. Strategic Initiatives
9.3.6. REGENESIS CORPORATION
9.3.6.1. Company Overview
9.3.6.2. Financial Performance
9.3.6.3. Product Benchmarking
9.3.6.4. Strategic Initiatives
9.3.7. AQUATECH INTERNATIONAL CORPORATION
9.3.7.1. Company Overview
9.3.7.2. Financial Performance
9.3.7.3. Product Benchmarking
9.3.7.4. Strategic Initiatives
9.3.8. ENVIROGEN TECHNOLOGIES, INC.
9.3.8.1. Company Overview
9.3.8.2. Financial Performance
9.3.8.3. Product Benchmarking
9.3.8.4. Strategic Initiatives
9.3.9. MICROGEN BIOTECH LTD.
9.3.9.1. Company Overview
9.3.9.2. Financial Performance
9.3.9.3. Product Benchmarking
9.3.9.4. Strategic Initiatives
9.3.10. OIL SPILL EATER INTERNATIONAL INC
9.3.10.1. Company Overview
9.3.10.2. Financial Performance
9.3.10.3. Product Benchmarking
9.3.10.4. Strategic Initiatives
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers