Industry Analysis & Industry Trends
The Remediation and Environmental Cleanup Services industry has grown slowly over the past five years, as volatility in downstream industrial markets has been largely offset by stable government funding. Industrial activity has yet to rebound fully to prerecessionary levels, making government investment in contaminated site cleanups important to industry growth. However, in the next five years, constraints on government spending and further recovery in industrial activity will expand the private sector's share of industry revenue. During this period, industry operators are expected to reduce their dependence on labour through investments in technology, which will make the industry more profitable... purchase to read more
Industry Report - Industry Products Chapter
Industry operators provide a variety of remediation services, which can be broadly segmented into site remediation, building remediation and environmental emergency response services.
Site remediation involves the cleanup and decontamination of land. Services include the remediation of groundwater, soil or air in a region. Remediation providers remove oil, toxic chemicals, flammable substances and other harmful contaminants. Industry operators are involved at all stages of the cleanup process, including sampling water, soil and air to test contamination levels. Site remediation may also require specialized machinery and equipment, such as drills, pumps, vacuums, chemicals and microorganisms... purchase to read more