Environmental Markets for Biotechnology
- The U.S. market for environmental biotechnology products for waste treatment will increase from $166.8 million in 2007 to an estimated $180.3 million by the end of 2008. It should reach $261.3 million by 2013, a compound annual growth rate (CAGR) of 7.7%.
- Environmental biotechnology products have enormous potential in overseas markets.
- Rapid advances in biofuel technology will create a dynamic market where microbial products and the conversion of waste will become raw products and processes in producing biofuels.
This study intends to provide a comprehensive and detailed analysis of the current and forecasted market through 2013 for environmental biotechnology products and their use in a variety of waste treatment markets. This study contributes information and data that provide a total picture of the industry presented herein. The study intends to correlate data that has been calculated from many sources, including manufacturers that participate in this market. The objective of this study is to provide a comprehensive look the environmental biotechnology industry with detailed information on manufacturers; application markets; regulations; patents; government, academic and commercial developments; international markets; and innovative end use biofuel products.
SCOPE OF STUDY
This report contains:
- Descriptions of various types of environmental biotechnology products for waste treatment including microbial blends, nutrients, enzymes and microbes.
- The current market status of environmental biotechnology products for the waste treatment industry, with trends and forecasts for growth over the next 5 years
- Analysis of the environmental biotechnology industry on a worldwide basis, both from a market and application perspective
- Profiles of major product manufacturers.
This report is based on examining and calculating information from a variety of sources to obtain data that is balanced in regard to historical statistics and future predictions. This study forecasts the market's growth through 2013, and includes data for manufacturer sales, application markets, and end-use biofuel products and the effect of market dynamics, regulation, and technology. Information is provided in terms of manufacturer's products, sales, and other vital information. Applications are reviewed in terms of projected product sales and potential markets and customers. Market forecasts are expressed in current dollar values and market share percentages forecasted through 2013. Information sources are also included that enlighten the reader about the environmental biotechnology market in broader terms such as market sizes and waste stream generations.
This study is based on extensive research from a number of sources. These include government agency resources, such has the Environmental Protection Agency (EPA), Department of Energy (DOE), U.S. Trade Commission, and international government agencies; trade journals and publications; and technical information provided by manufacturers; patent examination; and interviews with those involved in the industry such as manufacturers, researchers, and engineering contractors.
Throughout her career as a researcher, analyst, and writer, Leslie Burk's expertise focuses on the synergy of business and the environment. Her experience includes an emphasis on the presentation and synthesis of data and information for a variety of recipients including the general public, organizations, government officials, private business and industrial representatives. Ms. Burk's environmental experiences spans from working for one of the largest national waste companies and dealing with issues pertaining to landfill activity, industrial and special waste markets and regulation, and other waste management activities to focusing on communication strategies for a regional environmental organization focusing on water quality issues, policy, and monitoring and research activities.
Total worldwide sales of environmental biotechnology products for U.S. manufacturers (microorganisms, enzymes, microbial blends, and nutrients) represent a total AAGR of 8.3% with current sales valued at $103.5 million and increasing to $153.87 million by year 2006.
Microbe blends are expected to reach the highest increase in sales with an AAGR of 9.4% with sales of $47.61 million and increasing to $74.55 million by 2006. Nutrients are second with expanded market growth of 8.8% AAGR and current sales estimated at $24.83 million and forecasted to grow to $37.83 million over the next 5 years.
Enzymes and microorganisms are predicted to keep a slower growth pace since these products represent more limited market potential. Enzymes should maintain an AAGR of 7.4% with current product sales of $20.71 million and reaching $29.56 million by 2006.