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PR Newswire
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Environmental Technology Market Worth $690.3 Billion by 2026 - Exclusive Report by MarketsandMarkets

CHICAGO, June 18, 2021 /PRNewswire/ -- According to the new market research report "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", published by MarketsandMarkets, 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. Increase in demand from different verticals and stringent government regulations is one of the major factor contributing to the high growth of this market.

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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=109682606

By component, the services segment is expected to grow at a higher rate during the forecast period of 2021 to 2026.

The services segment is expected to grow at a higher rate during the forecast period due to the high demand for resource recovery services and the growing scarcity of natural resources. Also, the stringent regulations regarding environment protection and various developments in the environmental technology sector in regions such as North America, Asia Pacific, and Europe drives the growth for services segment.

Browse in-depth TOC on "Environmental Technology Market"

168 - Tables
45 - Figures
312 - Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/environmental-technology-market-109682606.html

By vertical, the industrial segment dominates the market during the forecast period

Based on vertical, the industrial segment dominates the market during the forecast period. In industrial segment, the power, energy & utilities industry is the largest consumer of environmental technologies during the forecast period. Air treatment also plays a crucial role in the power generation industry. The presence of stringent emission control standards in these regions is expected to drive the demand for air treatment equipment, thus driving the growth for power, energy & utilities industry.

Asia Pacific is the largest region in the Environmental Technology Market

Asia Pacific is expected to be the largest market for environmental technology during the forecast period. China and Japan are the major contributors to the Environmental Technology Market growth in the region. The high demand for waste as well as water treatment solutions and services, as well as energy demand, is expected to drive the Environmental Technology Market in the region.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=109682606

The key market players in this market are AECOM (US), Lennox International (US), Teledyne Technologies Incorporated (US), Thermo Fisher Scientific Inc. (US), Abatement Technologies (US), Veolia (France), Waste Connections (US), Total SA (France), Covanta Holding Corporation (US), SUEZ (US), Biffa (England) and Hitachi Zosen Corporation (Japan), Carbon Clean (UK), Cypher Environmental (Canada), Svante Inc. (Canada), CarbonCure Technologies Inc. (Nova Scotia), Sunfire GmbH (Germany), BacTech Inc. (Canada), TRC Companies, Inc. (US), and Arcadis N.V. (Netherlands). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies.

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

Browse Related Reports:

Water Treatment Chemicals Market by Type (Coagulants & Flocculants, Corrosion Inhibitors, Scale Inhibitors, Biocides & Disinfectants, Chelating Agents), End-Use (Residential, Commercial, Industrial), and Region - Global Forecast to 2026

https://www.marketsandmarkets.com/Market-Reports/water-treatment-342.html

Green Technology and Sustainability Market by Technology (IoT, AI & Analytics, Digital Twin, Cloud Computing), Application (Green Building, Carbon Footprint Management, Weather Monitoring & Forecasting), Component, and Region - Global Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/green-technology-and-sustainability-market-224421448.html

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Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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