Bioremediation Market
By Type (In situ [Phytoremediation, Bioventing, Bioleaching, Bioslurping, Biostimulation, Bioaugmentation], Ex situ [Composting, Slurry-Phase Biological Treatment, Bioreactor Treatment, Landfarming]),
By Medium (Soil Remediation, Water Remediation, Oilfield Remediation),
By Component (Microorganism, Instrument, Accessories, and Other Consumables, Services),
By End Use (Agriculture and Aquaculture, Mining, Industrial, Oil, and Gas, Municipal, Chemical Spilling),
By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa):
Global Analysis and Forecast 2022-2032.
The global bioremediation market is to be worth more than USD 163.56 billion by 2032.
The bioremediation process degrades contaminants in soil and water using microorganisms. It is possible to perform it in two ways: in-situ and ex-situ. In-situ bioremediation is a popular method. The increasing use of bioremediation techniques in various industries drives the bioremediation industry. Pollutants are substances present in the environment in an unnaturally high concentration. Pollutants include crude oil, phosphates, and heavy metals. Pollutants can be both natural (e.g., volcanic ash) and artificial. Bioremediation is a process that uses microorganisms, including plants, to remove contaminants or pollutants from groundwater, soil, and surface water. Bioremediation techniques are used to break down contaminants by stimulating microorganisms to use the contaminants as an energy source for growth and development. Various bioremediation techniques can be used in situ or ex-situ in soil, surface water, and groundwater under aerobic or anaerobic conditions. Dehalococcoides, Corynebacterium, Nitrosomonas, Pseudomonas fluorescens, and Alcaligenes faecalis are common microorganisms used in bioremediation. Algae such as Spirogyra spp, Spirulina spp, Cladophora fascicularis, and Spirullina spp are also employed by bioremediation. In the case of heavy metals, specific microorganisms such as Arthrobacter spp., Pseudomonas veronii, Bacillus cereus, Sporosarcina ginsengisoli, Kocuria flava, Penicillium canescens, Aspergillus versicolor, and Aspergillus fumigatus are used in the bioremediation process.
Over the last few decades, traditional approaches such as bioremediation and phytoremediation have been used. Phytoextraction, a type of phytoremediation, has traditionally been used for agricultural land desalination. In 1960, the term "bioremediation" was coined by the Romans. George M. Robinson officially recognized the bioremediation process. He spent his time experimenting with dirty jars and different microbe mixtures. Several growth-promoting and inhibiting factors affect the global bioremediation market. While public involvement in environmental protection and increasing demand for bioremediation techniques are growth-promoting factors, the restraints include intensive industrialization and inadequate solid waste disposal. Furthermore, several opportunities in this market are expected to accelerate growth in the coming years.
The bioremediation market is analyzed across North America (NA), Europe (EU), Asia-Pacific (APAC), Latin America (LA), and Middle East & Africa (MEA). In line with the analyzed region, the North American region will witness the highest market share, followed by Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2021, North America accounted for the highest proportion of the global market for bioremediation due to the rise in government and public efforts to improve their environmental conditions., followed by the majority of industry players within the region.
Quick adoption of new technologies and increasing demand for bioremediation to improve degrading environmental conditions are major factors supporting the market. The major players operating the market are Amalgam Biotech, Bioscience, Inc., Drylet, LLC, Microgen Biotech Limited, Novozymes, Organica Biotech Pvt. Ltd., Probiosphere, QM Environmental Services Nederland, Shandong Sukahan Bio-Technology Co., Ltd., and Thermo Fisher Scientific, Inc.
