Global Markets for Hazardous Waste Remediation Technologies

Report Highlights

• BCC conservatively estimates that the global market for hazardous waste remediation technologies was worth about $10.7 billion in 2005, rising to $11.4 billion in 2006 and $16.6 billion by 2011 (an AAGR of 7.8% between 2006 and 2011.
• Hazardous waste containment technologies were the largest segment of the global hazardous waste remediation market in 2005, with over 25% of the market, followed by separation (19%), chemical treatment (18%), and recycling (15%).
• Recycling is the fastest-growing market segment, with a projected AAGR of 19%, and at this rate of growth should reach 27% of the hazardous waste remediation market by 2011. By 2011, containment technologies’ share of the market is expected to decline to 23%, separation to 16% and chemical treatment to 14%.

INTRODUCTION

According to the United Nations, effective control of the generation, storage, treatment, recycling and reuse, transport, recovery and disposal of hazardous wastes is of paramount importance for proper health, environmental protection and natural resource management, and sustainable development. Hazardous waste treatment and disposal is a pressing domestic political issue in a growing number of countries, as well as a diplomatic concern because of abuses such as the dumping of hazardous wastes at sea and international traffi cking in hazardous wastes.

SCOPE OF STUDY

This important report:

• Characterizes the current (2005) hazardous waste remediation market, in quantitative as well as qualitative terms
• Describes existing and new remediation technologies that are under development to meet market requirements
• Identifies segments of the hazardous waste remediation market with the greatest commercial potential in the near to mid-term
• Discusses and where possible quantifies the major drivers of demand for hazardous waste remediation equipment, supplies and related services
• Projects future (2006-2011) demand for different types of hazardous waste remediation technologies
• Analyzes the structure of the hazardous waste remediation industry, including number, size, and financial performance of firms.

METHODOLOGY AND INFORMATION SOURCES

The findings and conclusions of this report are based on information gathered from a cross section of providers and end users of hazardous waste remediation technologies, materials and services, as well as other informed sources. Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade associations, company literature, and on-line databases to produce the baseline market estimates contained in this report.

With 2005 as a baseline, market projections for each market segment were developed for 2006 through 2011. The projections are based on a combination of a consensus among the primary contacts combined with our understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are described in detail in the section on Detailed Market Projections.

All dollar projections presented in this report are in 2005 constant dollars.

ANALYST CREDENTIALS

Andrew McWilliams, the author of this report, is a partner in the Boston-based international technology and marketing consulting firm, 43rd Parallel LLC. He is also the author of numerous other Business Communications Co. reports, including several that relate to the present report, such as C-166R Catalysts for Energy and Environmental Applications, GB-329 Nanotechnology in Life Sciences Applications and GB-310 Nanosensors