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Remediation & Environmental Cleanup Services in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Remediation & Environmental Cleanup Services in Canada Market Research Report | NAICS 56291CA | Sep 2016

Toxic waste: Constrained government spending will cause short-term decline in revenue

IBISWorld’s Remediation & Environmental Cleanup Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
-1.8%
Annual Growth 16-21
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Profit
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Employment
7,042
Businesses
600
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 - Starting a New Business Chapter

The Remediation and Environmental Cleanup Services industry maintains medium barriers to entry. Overall capital costs are moderate, allowing smaller companies to acquire the necessary equipment and machinery needed to provide remediation services. However, operators are subject to extensive regulations at the federal, provincial and local levels, adding additional difficulties for prospective entrants.

As industry operators focus on environmental cleanup, they are subject to extensive government cleanup standards. These standards can vary depending on the specific geographic conditions involved, and so are dependent on soil texture, groundwater usage and other factors. Cle.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Remediation & Environmental Cleanup Services Industry?

This industry remediates and cleans up contaminated buildings, mine sites, soil and ground water. Industry operators also undertake soil remediation, wastewater treatment, hazardous material removal and abatement of toxic materials, such as asbestos and lead.

Industry Products
Site remediationBuilding remediation Environmental emergency response services
 
Industry Activities
Providing site remediation servicesProviding building remediation servicesProviding environmental response services


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