Industry Analysis & Industry Trends
As demand for Canadian products fell due to the global recession, domestic manufacturing, mining, oil and gas and construction sectors suffered and demanded less remediation and cleanup services from the industry over the past five years. Over the five years to 2020, moderate increases in both industrial activity and government expenditure and investment will cause revenue to moderately grow... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Remediation and Environmental Cleanup Services industry operates with a moderate level of market share concentration. The four largest companies are estimated to account for less than 50.0% of total industry revenue in 2015, with the remaining industry operators each representing a relatively small amount of the market. Indicative of the average player's small size, 97.7% of the industry's establishments are anticipated to employ less than 100 employees in 2015.
Environmental cleanup is regulated on a provincial level, making it costly for firms to operate across provincial borders. However, industry concentration has increased over the five-year period, primarily due to Clean Harbors' acquisition activity and Tetra Tech's focus on the Canadian market for growth... purchase to read more