The environmental technology market was valued at $0.7 trillion in 2022 and is estimated to reach $1,204.40 billion by 2032, exhibiting a CAGR of 5.1% from 2023 to 2032.
Environmental Technology is the application of one or more of environmental science, green chemistry, environmental monitoring and electronic devices to monitor, model and conserve the natural environment and resource. Environmental technology includes the application of environmental sciences for the development of new technologies to monitor, conserve, or reduce environmental impacts. These technologies help prevent or mitigate pollution, manage or reduce waste streams, remediate contaminated sites, design, develop & operate environmental infrastructure and deliver environmental resources.
Technological advancements are a key trend that gains popularity in the environmental technology industry. For instance, Carbon Clean supplies cost-effective industrial carbon capture solutions for essential hard-to-abate industries like energy. A radical shift in industrial carbon capture, driven by a new generation of standardized, fully modular, compact carbon capture units that will be prefabricated and mass produced - overcoming the cost and space concerns that have been barriers to deployment.
Carbon Clean fully modular technology, CycloneCC, can reduce the cost of carbon capture by up to 50% and has a 50% smaller footprint compared to traditional carbon capture units. The Inflation Reduction Act (IRA) is driving enormous demand for industrial carbon capture and has already resulted in a dramatic spike in U.S. enquiries for Carbon Clean - up by over 64% since the passage of the IRA in August 2022.
The environmental technology market scope is segmented into component, application, consumer/vertical and region. On the basis of component, it is bifurcated into solutions and services. On the basis of application, the market is classified into water purification management, wastewater treatment, solid waste management, environmental monitoring and others. On the basis of consumer/vertical, the market is divided into residential, industrial and municipal. Region wise, the environment technology market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Asia-Pacific is the fastest growing region in the global environmental technology market forecast. The region accounts for the largest environment technology market share, primarily due to the concentration of many global industries. Some of the largest industrializing countries, such as India, China, and Vietnam, and industrialized countries, such as South Korea and Japan, are located in the region. The haphazard industrialization in Asia-Pacific countries has led to various problems such as groundwater pollution, poor urban air quality, and untreated discharge of sewage into water bodies. It has led to massive environmental degradation, particularly in Indonesia, India, and China. The adoption of environmental technologies grows in the Asia-Pacific region to address these acute environmental problems. Asia-Pacific is expected to retain the largest share of the global environmental technology market in the upcoming years. The major companies profiled in this report include AECOM, Clean Harbors Inc., Covanta Holding Corporation, Ecolab Inc., Engie Impact, IDEX Corporation, Suez, Veolia, Waste Management and Xylem.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the environmental technology market analysis from 2022 to 2032 to identify the prevailing environmental technology market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the environmental technology market size segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global environment technology market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global environmental technology market trends, key players, market segments, application areas, and market growth strategies.
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Investment Opportunities
Upcoming/New Entrant by Regions
Market share analysis of players by products/segments
Regulatory Guidelines
Strategic Recommedations
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
Market share analysis of players at global/region/country level
Key Market Segments
By Component
Services
Solutions
Technological Solutions
Waste Valorization
Greentech
Bioremediation
CCUS
Others
By Application
Wastewater Treatment
Water Purification Management
Environmental Monitoring
Solid Waste Management
Others
By Consumer
Residential
Municipal
Industrial
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players:
AECOM
Ecolab Inc.
Engie Impact
Clean Harbors Inc.
Covanta Holding Corporation
Xylem
Suez
IDEX Corporation
Veolia
Waste Management
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. Low intensity of rivalry
3.3.5. Low bargaining power of buyers
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in awareness about the global water crisis
3.4.1.2. Growing demand for resource recovery
3.4.2. Restraints
3.4.2.1. Inconsistent government regulations
3.4.3. Opportunities
3.4.3.1. Increase in demand for renewable energy sources
3.5. Value Chain Analysis
3.6. Key Regulation Analysis
CHAPTER 4: ENVIRONMENTAL TECHNOLOGY MARKET, BY COMPONENT
4.1. Overview
4.1.1. Market size and forecast
4.2. Services
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Solutions
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.3.4. Solutions Environmental Technology Market by Technological Solutions
4.3.4.1. Waste Valorization Market size and forecast, by region
4.3.4.2. Waste Valorization Market size and forecast, by country
4.3.4.3. Greentech Market size and forecast, by region
4.3.4.4. Greentech Market size and forecast, by country
4.3.4.5. Bioremediation Market size and forecast, by region
4.3.4.6. Bioremediation Market size and forecast, by country
4.3.4.7. CCUS Market size and forecast, by region
4.3.4.8. CCUS Market size and forecast, by country
4.3.4.9. Others Market size and forecast, by region
4.3.4.10. Others Market size and forecast, by country
CHAPTER 5: ENVIRONMENTAL TECHNOLOGY MARKET, BY APPLICATION
5.1. Overview
5.1.1. Market size and forecast
5.2. Wastewater Treatment
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Water Purification Management
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Environmental Monitoring
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Solid Waste Management
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: ENVIRONMENTAL TECHNOLOGY MARKET, BY CONSUMER
6.1. Overview
6.1.1. Market size and forecast
6.2. Residential
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market share analysis by country
6.3. Municipal
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market share analysis by country
6.4. Industrial
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market share analysis by country
CHAPTER 7: ENVIRONMENTAL TECHNOLOGY MARKET, BY REGION
7.1. Overview
7.1.1. Market size and forecast By Region
7.2. North America
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by Component
7.2.2.1. North America Solutions Environmental Technology Market by Technological Solutions
7.2.3. Market size and forecast, by Application
7.2.4. Market size and forecast, by Consumer
7.2.5. Market size and forecast, by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast, by Component
7.2.5.1.1.1. U.S. Solutions Environmental Technology Market by Technological Solutions
7.2.5.1.2. Market size and forecast, by Application
7.2.5.1.3. Market size and forecast, by Consumer
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast, by Component
7.2.5.2.1.1. Canada Solutions Environmental Technology Market by Technological Solutions
7.2.5.2.2. Market size and forecast, by Application
7.2.5.2.3. Market size and forecast, by Consumer
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast, by Component
7.2.5.3.1.1. Mexico Solutions Environmental Technology Market by Technological Solutions
7.2.5.3.2. Market size and forecast, by Application
7.2.5.3.3. Market size and forecast, by Consumer
7.3. Europe
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by Component
7.3.2.1. Europe Solutions Environmental Technology Market by Technological Solutions
7.3.3. Market size and forecast, by Application
7.3.4. Market size and forecast, by Consumer
7.3.5. Market size and forecast, by country
7.3.5.1. Germany
7.3.5.1.1. Market size and forecast, by Component
7.3.5.1.1.1. Germany Solutions Environmental Technology Market by Technological Solutions
7.3.5.1.2. Market size and forecast, by Application
7.3.5.1.3. Market size and forecast, by Consumer
7.3.5.2. France
7.3.5.2.1. Market size and forecast, by Component
7.3.5.2.1.1. France Solutions Environmental Technology Market by Technological Solutions
7.3.5.2.2. Market size and forecast, by Application
7.3.5.2.3. Market size and forecast, by Consumer
7.3.5.3. Italy
7.3.5.3.1. Market size and forecast, by Component
7.3.5.3.1.1. Italy Solutions Environmental Technology Market by Technological Solutions
7.3.5.3.2. Market size and forecast, by Application
7.3.5.3.3. Market size and forecast, by Consumer
7.3.5.4. Spain
7.3.5.4.1. Market size and forecast, by Component
7.3.5.4.1.1. Spain Solutions Environmental Technology Market by Technological Solutions
7.3.5.4.2. Market size and forecast, by Application
7.3.5.4.3. Market size and forecast, by Consumer
7.3.5.5. UK
7.3.5.5.1. Market size and forecast, by Component
7.3.5.5.1.1. UK Solutions Environmental Technology Market by Technological Solutions
7.3.5.5.2. Market size and forecast, by Application
7.3.5.5.3. Market size and forecast, by Consumer
7.3.5.6. Rest of Europe
7.3.5.6.1. Market size and forecast, by Component
7.3.5.6.1.1. Rest of Europe Solutions Environmental Technology Market by Technological Solutions
7.3.5.6.2. Market size and forecast, by Application
7.3.5.6.3. Market size and forecast, by Consumer
7.4. Asia-Pacific
7.4.1. Key market trends, growth factors and opportunities
7.4.2. Market size and forecast, by Component
7.4.2.1. Asia-Pacific Solutions Environmental Technology Market by Technological Solutions
7.4.3. Market size and forecast, by Application
7.4.4. Market size and forecast, by Consumer
7.4.5. Market size and forecast, by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast, by Component
7.4.5.1.1.1. China Solutions Environmental Technology Market by Technological Solutions
7.4.5.1.2. Market size and forecast, by Application
7.4.5.1.3. Market size and forecast, by Consumer
7.4.5.2. Japan
7.4.5.2.1. Market size and forecast, by Component
7.4.5.2.1.1. Japan Solutions Environmental Technology Market by Technological Solutions
7.4.5.2.2. Market size and forecast, by Application
7.4.5.2.3. Market size and forecast, by Consumer
7.4.5.3. India
7.4.5.3.1. Market size and forecast, by Component
7.4.5.3.1.1. India Solutions Environmental Technology Market by Technological Solutions
7.4.5.3.2. Market size and forecast, by Application
7.4.5.3.3. Market size and forecast, by Consumer
7.4.5.4. South Korea
7.4.5.4.1. Market size and forecast, by Component
7.4.5.4.1.1. South Korea Solutions Environmental Technology Market by Technological Solutions
7.4.5.4.2. Market size and forecast, by Application
7.4.5.4.3. Market size and forecast, by Consumer
7.4.5.5. Australia
7.4.5.5.1. Market size and forecast, by Component
7.4.5.5.1.1. Australia Solutions Environmental Technology Market by Technological Solutions
7.4.5.5.2. Market size and forecast, by Application
7.4.5.5.3. Market size and forecast, by Consumer
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market size and forecast, by Component
7.4.5.6.1.1. Rest of Asia-Pacific Solutions Environmental Technology Market by Technological Solutions
7.4.5.6.2. Market size and forecast, by Application
7.4.5.6.3. Market size and forecast, by Consumer
7.5. LAMEA
7.5.1. Key market trends, growth factors and opportunities
7.5.2. Market size and forecast, by Component
7.5.2.1. LAMEA Solutions Environmental Technology Market by Technological Solutions
7.5.3. Market size and forecast, by Application
7.5.4. Market size and forecast, by Consumer
7.5.5. Market size and forecast, by country
7.5.5.1. Brazil
7.5.5.1.1. Market size and forecast, by Component
7.5.5.1.1.1. Brazil Solutions Environmental Technology Market by Technological Solutions
7.5.5.1.2. Market size and forecast, by Application
7.5.5.1.3. Market size and forecast, by Consumer
7.5.5.2. Saudi Arabia
7.5.5.2.1. Market size and forecast, by Component
7.5.5.2.1.1. Saudi Arabia Solutions Environmental Technology Market by Technological Solutions
7.5.5.2.2. Market size and forecast, by Application
7.5.5.2.3. Market size and forecast, by Consumer
7.5.5.3. South Africa
7.5.5.3.1. Market size and forecast, by Component
7.5.5.3.1.1. South Africa Solutions Environmental Technology Market by Technological Solutions
7.5.5.3.2. Market size and forecast, by Application
7.5.5.3.3. Market size and forecast, by Consumer
7.5.5.4. Rest of LAMEA
7.5.5.4.1. Market size and forecast, by Component
7.5.5.4.1.1. Rest of LAMEA Solutions Environmental Technology Market by Technological Solutions
7.5.5.4.2. Market size and forecast, by Application