U.S. bioremediation market: Yesterday, today, and tomorrow
- DEVO Enterprises, Inc., Washington, DC (United States)
The use of bioremediation for full-scale cleanup has increased dramatically throughout the past 10 years. This growth in activity is expected to continue through the year 2000. It is estimated that fewer than 10 companies offered field-level bioremedial services prior to 1985. Although the market today still is dominated by a small number of companies, the total number of firms claiming to offer services and/or products for bioremediation purposes has grown to over 1,000. It is estimated that aggregate bioremediation revenues for 1994 through 2000 will equal $2 to $3 billion (1994 dollars). This revenue will be generated in the initial part of this 7-year period primarily from underground storage cleanup, with revenues from hazardous waste sites becoming an increasingly important factor by accounting for the majority of revenues in the latter years. Market opportunities exist in technology development and implementation including biosparging, centralized treatment facilities for petroleum-contaminated soils, biofilters, and improvements in the cost-effectiveness of the technology.
- OSTI ID:
- 490915
- Report Number(s):
- CONF-950483--; ISBN 1-57477-007-1
- Country of Publication:
- United States
- Language:
- English
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