Dublin, July 28, 2021 (GLOBE NEWSWIRE) -- The "Environmental Technology Market by Component (Solutions, Services), Technological Solutions (Waste Valorization, Greentech, Nuclear Energy, Bioremediation), Application, Vertical (Municipal, Industrial), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
Environmental technologies enable efficient ways of consuming scarce natural resources and creating a more sustainable environment. The increasing demand for environmental technologies in the emerging regions due to the rising population, rapid urbanization, and industrialization is one of the key factors driving the environmental technology market. The growing demand for renewable energy resources such as wind, solar, geothermal energy, increasing awareness for pollution monitoring, and stringent regulations regarding environment protection are also driving the market.
The report defines, segments, and projects the environmental technology market based on, component, technological solutions, application, vertical, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It analyzes competitive developments, such as expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships, undertaken by the players in the market.
The environmental technology market is estimated at USD 552.1 billion in 2021 and is projected to reach USD 690.3 billion by 2026, at a CAGR of 4.6% from 2021 to 2026. The environmental technology market is on course for intense growth across different verticals such as power, energy & utilities, manufacturing, retail & consumer goods, construction & building materials, government & defense, oil & gas, and others.
By component, the solutions segment is estimated to be USD 471.4 billion in 2021 and is projected to reach USD 586.7 billion by 2026, at a CAGR of 4.5% during the forecast period. The solutions segment dominated the global environmental technology market in 2020 due to the rising awareness regarding the increased carbon footprint.
Asia Pacific was the largest market for environmental technology in 2020. It is the largest crude oil importing region globally. The primary energy demand in Asia Pacific is huge, mainly due to the continuous population growth, and hence the energy sector is expected to drive the environmental technology market growth in the region.
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the environmental technology market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Increased Awareness of the Global Water Crisis
126.96.36.199 Growing Awareness on Pollution Monitoring
188.8.131.52 Stringent Regulations on Climate Pollution Control in Major Economies
184.108.40.206 High Up-Front Costs of Environmental Technologies
220.127.116.11 Lack of Skilled Workforce for Complex Technologies
18.104.22.168 Growing Significance of Eco-Friendly Data Center Solutions
22.214.171.124 Development of Advanced Components to Treat Effluents in the Oil & Gas Industry
126.96.36.199 Growing Demand for Environmental Technology Solutions in Emerging Countries
188.8.131.52 Inconsistencies in Government Regulations in Many Countries
5.3 COVID-19-Driven Market Dynamics
5.3.4 Cumulative Impact of COVID-19 on Environmental Technology Market
5.4 Porter's Five Forces Analysis
5.5 Trends and Disruptions in Technology
5.6 Tariff Policies & Regulations
5.7 EU Plastic Waste Tax
5.8 Water Treatment Policy and Regulations
5.9 Regulations for Air Pollution Monitoring and Control
5.10 Value Chain Analysis
5.11 Case Study Analysis
5.12 Trade Analysis
5.13 Patent Analysis
6 Environmental Technology Market, by Component
7 Environmental Technology Market, by Application
8 Environmental Technology Market, by Technological Solutions
9 Environmental Technology Market, by Vertical
10 Environmental Technology Market, by Region
11 Competitive Landscape
12 Company Profiles
Carbon Engineering (Ce)
Carboncure Technologies Inc.
Covanta Holding Corporation
Gem Enviro Management Pvt. Ltd
Geo-Cleanse International, Inc.
Hitachi Zosen Corporation
Ivey International Inc.
Recycle Track Systems
Remondis Se & Co. Kg
Saahas Zero Waste
Teledyne Technologies Incorporated
Thermo Fisher Scientific Inc.
TRC Companies, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/bvuyyt
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