Page 8 - ICG Full Business Plan
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Market Overview (Global)
The global environmental remediaiton industry produces roughly 40 billion dollars in anual revenue. The U.S. market alone equals about $8 billion of that revenue. Western Europe ($7.2 billion) and Japan ($3.1 billion) trail the U.S. in development but, due to acceler- a ng regulatory developments, and the recogni on of long-term liability are on the threshold of more rapid growth.
$40 Billion World Site Remedia on Annual Market
The market for products and services to remediate groundwater and soils will exceed $40 billion annually by 2015. While the U.S will remain the largest market, its share will shrink substan ally as expenditures soar in war ravaged and developing countries.
GLOBAL SITE REMCEhDaIArTtIOTiNtleREVENUES 2015
Pumps and valves $1.4 Billion
Chemicals and microbial prepara/ons $1.2 Billion
Monitoring and instrumenta/on $1.2 Billion
Water treatment equipment $1.4 Billion
Thermal treatment $.7 Billion
Other $4.3 Billion
Excava/on, construc/on and opera/onal labor
$9.5 Billion
Engineering and consul/ng services $20.3 Billion
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data source: the McIlvaine Company