Bioremediation Market Size, Share & Trends Analysis Report By Type (In Situ, Ex Situ), By Technology (Biostimulation, Phytoremediation), By Service (Soil Remediation, Oilfield Remediation), By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global bioremediation market size was valued at USD 12.38 billion in 2021 and is expected to register a compound annual growth rate (CAGR) of 9.93% from 2022 to 2030. The market is anticipated to witness growth due to rapid industrial development in recent years that has led to widespread contamination of several environmental landscapes, such as oceans, freshwater systems, forests & agricultural lands. Similarly, mismanagement of plastic waste, crude oil spills, increasing production of Greenhouse Gases (GHG), and release of chemical pollutants, such as polycyclic aromatic hydrocarbons, bisphenol-A, pyrethroids pesticides, and dioxanes, have led to worsening environmental outcomes and are increasing the demand for bioremediation services.

The COVID-19 pandemic has led to increased awareness about disinfection, sterilization, and remediation of contaminated areas in public spaces and homes. As the SARS-CoV-2 virus continues to undergo mutations, causing recurrent waves of infection cases around the globe, demand for bioremediation services for reducing the risk of contamination is expected to rise. Similarly, large quantities of Personal Protective Equipment (PPE) and face masks used have led to new challenges in the disposal and treatment of medical waste, which presents new growth opportunities for bioremediation. Contamination-related issues are highly prevalent in industrially developed regions, which generate large quantities of waste.

For instance, in the European Union alone, more than 2.8 million sites have been estimated to have potential contaminations, which can lead to negative health consequences, such as congenital abnormalities, cancer, low birth weights, and high mortality rates. Therefore, high demand for bioremediation is expected from such areas in the near future. In addition, in areas where factories are located in the vicinity of natural water sources, persistent issues with water pollution are observed due to the contamination of local water supplies. Similarly, soil contamination with metals, such as lead, mercury, and other heavy metals & toxic chemicals, which leach into the soil, pose a significant threat to crops grown in the area.

Here, bioremediation presents a promising option for the clean-up of contamination sites and offers a long-term solution for the restoration of the environment. Furthermore, the demand for biological remediation of industrial pollutants is driven by key advantages offered by the technique over traditional physical and chemical methods. For instance, traditional methods, such as the use of oxidizing agents, pollutant adsorption, electrochemical treatments, and others, may fail to achieve the desired reduction in the concentrations of contaminants and are non-specific & expensive to use. Bioremediation techniques not only overcome these shortcomings, but also offer a versatile, efficient, and low-energy footprint solution for contaminant removal, which can positively affect industry growth.

Over the past few years, an increasing number of government agencies and public health organizations have been involved in promoting the adoption of bioremediation methods. For instance, government entities, such as the U.S. Environmental Protection Agency (EPA), host the Superfund program for the cleanup of the country’s most contaminated sites. Furthermore, in February 2022, the America COMPETES Act of 2022 was passed in the U.S. and was set to undertake the National Engineering Biology Research & Development Initiative, for providing funding opportunities for bioremediation and related bioengineering solutions.

Type Insights

The in situ type segmentdominated the industry in 2021 and accounted for the largest share of 56.06% of the globalrevenue. The technique refers to the treatment of contaminations at the original site without the need to excavate or pump out the contaminated materials. It involves the use of technologies, such as bio-venting, bioslurping, biosparging, natural attenuation, and others. The technique can be controlled by the manipulation of factors, such as aeration, nutrient concentration, moisture content, etc., to enhance the activity of organisms and accelerate the degradation rate.

Hence, the method is highly suitable for applications, such as the treatment of groundwater with low contaminant concentrations, where oxygen availability can be increased by pumping air into the soil subsurface.On the other hand, ex-situ bioremediation involves the use of composting, landfarming, soil biopiles, and slurry reactors to treat the contaminated materials away from the original location. The technique is widely used for the treatment of contaminated soil for the removal of hydrocarbons. However, excavation of contaminated materials can lead to additional expenses in the remediation process, which can limit the growth of the segment.

Technology Insights

On the basis of technologies, the global market has been further categorized into biostimulation, phytoremediation, bioreactors, fungal remediation, bioaugmentation, and land-based treatments. The phytoremediation segment accounted for the largest share of more than 30.00% of the globalrevenue in 2021. The demand for the technology is fueled by its applications for the removal of heavy metals, radionuclides, organic contaminants, and pesticides with help of plants. It involves the use of techniques, such as rhizodegradation, rhizofiltration, phytovolatilization,phytoextraction, and phytostabilization, among others, for the treatment of pollutants.

The segment is anticipated to grow further due to the low costs of phytoremediation as compared to other technologies, and the ability to sustainably remove organic and inorganic pollutants from soil and water. Fungal remediation is expected to grow at the fastest CAGR during the forecast period as fungi can demonstrate a wide range of metabolic capacities and can tolerate high concentrations of polluting agents. Fungi represent a promising option for the degradation of recalcitrant pollutants by the production of a variety of intracellular and extracellular enzymes, such as cytochrome P450 and peroxidases, respectively. These factors are likely to accelerate the adoption of fungal remediation technologies in the near future.

Service Insights

The soil remediation segment dominated the market in 2021 and accounted for the maximum share of more than 38.85% of the global revenue. The service involves the removal of soil contaminants originating from sources, such as dumping of chemicals, improper waste disposal, pipe leaks & spills, and others. Demand for soil remediation is supported by the high extent of soil degradation caused by industrial pollutants, agrochemicals, and municipal waste. For instance, according to the United Nations, globally over 3.2 billion people are affected by the degradation of land and soils. As a result, the increasing need for soil remediation is expected to significantly contribute to market growth.

Oilfield remediation is projected to grow at the fastest CAGR over the forecast period due to the rapid expansion of the crude oil industry and the development of eco-friendly oilfield remediation options. Surging oil prices in recent months have led to high pressure for increasing oil production in countries, such as the U.S. Moreover, recent advancements in omics technologies, such as metagenomics & metatranscriptomics, have enabled the use of microbial-based oilfield remediation strategies. Similarly, the use of biosurfactants for increasing the bioavailability of oil constituents has accelerated the adoption of oilfield bioremediation activities.

Regional Insights

North America accounted for the largest share of more than 41.00% of the global revenue in 2021 due to the presence of sophisticated infrastructure, high industrial growth & waste production, and presence of key market players, such as Regenesis Corp., Probiosphere, Inc., and Xylem, Inc. In addition, the region hosts substantial research potential for bioremediation that is likely to drive advancements in technology and promote industry growth. For instance, a study published in the journal of Applied and Environmental Microbiology in September 2021, demonstrated the presence of marine bacteria in the Canadian Arctic region that are capable of degrading hydrocarbons, such as oil and diesel.

Asia Pacific, on the other hand, is estimated to grow at the fastestCAGR during the forecast period. This high growth can be attributed tothe production of large quantities of hazardous waste due to the rising economic development and the increasing awareness about environmental protection in the APAC region. Furthermore, the region consists of a large population and relatively under-developed waste management systems in developing countries, such as Pakistan, Cambodia, and others. These factors can lead to a worsening of contamination issues and, thus, are anticipated to accelerate the industry growth.

Key Companies & Market Share Insights

Key players in the market are opting for strategic initiatives for geographical expansion, the launch of new products, partnerships, mergers, and acquisitions in key regions. For instance, in March 2021, Allonnia received an investment worth USD 20 million to strengthen its bioremediation portfolio for oil sand-related pollutants. This expanded the company’s offerings and improved its market presence.Some of the key players in the global bioremediation market include:

• Newterra Ltd.

• Sumas Remediation Service, Inc.

• Probiosphere, Inc.

• Drylet, Inc.

• Xylem, Inc

• Regenesis Corp.

• Aquatech International Corp.

• Envirogen Technologies, Inc.

• MicroGen Biotech Ltd.

• Oil Spill Eater International, Inc.

Bioremediation Market Report Scope

Global Bioremediation Market Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this report, Grand View Research has segmented the global bioremediation market report on the basis of type, technology, service, and region:

• Type Outlook (Revenue, USD Million, 2018 - 2030)

  • In Situ Bioremediation

  • Ex Situ Bioremediation

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Biostimulation

  • Phytoremediation

  • Bioreactors

  • Fungal Remediation

  • Bioaugmentation

  • Land-based Treatment

• Service Outlook (Revenue, USD Million, 2018 - 2030)

  • Soil Remediation

  • Oilfield Remediation

  • Wastewater Remediation

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE