Toxic waste: Growth has been constrained by poor performance in crude oil and natural gas markets

Operators in the Remediation and Environmental Cleanup Services industry in Canada are responsible for cleaning up toxic materials and pollutants from soil, groundwater, buildings, mines and other terrains. Over the five years to 2019, the industry experienced a slight decline in revenue growth. While the private sector accounts for the majority of industry demand, public funds are critical for industry growth. Federal agencies fund and coordinate remediation projects. Possible growth is expected to be driven by increases in overall industrial activity and a rebound in demand from mining and energy markets...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
-0.2%
Forecast Growth 19-24
Profit
Employment
10,004
Businesses
624
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Revenue growth is expected to be driven by increases in overall industrial activity
  • Industry operators rely heavily on public-sector funding for remediation projects
  • Domestic industrial and manufacturing output levels will rise over the next five years
  • Industry Report - Starting a New Business Chapter

    The Remediation and Environmental Cleanup Services industry in Canada maintains medium barriers to entry. Overall capital costs are moderate, and while equipment for remediation processes is specialized, smaller operators are able to acquire the equipment to operate.However, environmental cleanup requirements are subject to stringent government standards. Industry operators are subject to extensive regulations at the federal, provincial and local levels, adding additional difficulties for prospective entrants. These standards can vary depending on the specific geographic conditions involved, as well as soil texture, groundwater usage and other factors. Cle...purchase to read more.

    Additional Insights for the Remediation & Environmental Cleanup Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Remediation & Environmental Cleanup Services Industry are

  • Ability to accommodate environmental requirements
  • Ability to take advantage of government subsidies and other grants
  • Ability to provide services in diverse locations
  • IBISWorld analysts also discuss how external factors such as Government expenditure and investment and Demand from mining in the Remediation & Environmental Cleanup Services industry impact industry performance..

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    What's in this report

    What is the Remediation & Environmental Cleanup Services Industry?

    This industry comprises establishments that remediate and clean up contaminated buildings, mine sites, soil and ground water. The industry also encompasses companies pursuing mine reclamation activities, including demolition, soil remediation, waste water treatment, hazardous material removal, contouring land and revegetation. Industry operators also engage in the abatement of toxic materials, such as asbestos and lead.

    Industry Products
  • Site remediation
  • Building remediation
  • Environmental emergency response services
  • Industry Activities
  • Providing site remediation services
  • Providing building remediation services
  • Providing environmental response services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Government expenditure and investment
  • Demand from mining
  • Industrial capacity utilization
  • Value of nonresidential construction

  • Current Performance
  • Demand conditions
  • Government’s substantial role
  • Industry structure
  • Growing demand and profitability
  • Chart: Revenue Growth

  • Industry Outlook
  • Private sector demand trends
  • Public sector focus
  • Table: Remediation & Environmental Cleanup Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Remediation & Environmental Cleanup Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining In Canada
  • Manufacturing In Canada
  • Public Administration in Canada

  • Key Selling Industries
  • Organic Chemical Manufacturing in Canada
  • Pump & Compressor Manufacturing in Canada

  • Products & Services
  • Site remediation
  • Building remediation
  • Environmental emergency response services
  • Other
  • Chart: Remediation & Environmental Cleanup Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Businesses
  • Federal and provincial governments
  • Other
  • Chart: Major Market Segmentation for the Remediation & Environmental Cleanup Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Remediation & Environmental Cleanup Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Remediation & Environmental Cleanup Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Remediation & Environmental Cleanup Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Remediation & Environmental Cleanup Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • World Price of Crude Oil (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bioremediation
  • A remediation technique where microorganisms are used to clean up toxic materials and hazardous waste.
  • Groundwater
  • Water located underground that may be contaminated by chemicals and other industrial wastes.
  • Nanotechnology
  • Machines and technologies that are at the atomic and molecular scale.
  • What Our Customers Say

    Why buy this report?

    The Remediation & Environmental Cleanup Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Remediation & Environmental Cleanup Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Remediation & Environmental Cleanup Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Remediation & Environmental Cleanup Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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