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Remediation market healthy, growing

Staff report
Florida Specifier
June 2006

According to a new technical market research report, The Global Market for Hazardous Waste Remediation from BCC Research, the global market for hazardous waste remediation technologies was worth about $10.7 billion in 2005.

It is expected will rise to $11.4 billion in 2006 and to $16.6 billion by 2011 at a robust average annual growth rate of 7.8 percent.

Hazardous waste remediation is not only an ecological issue but has become on economic issue as well.

The design of equipment as well as the distribution of goods and services represent a multi-billion dollar industry, generating profit for investors, shareholders, and employees with personal interest in the firms.


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