According to a new market report published by Lucintel, the future of the environmental biotechnology market looks promising with opportunities in wastewater treatment and bioremediation applications. The global environmental biotechnology market is expected to grow with a CAGR of 8% from 2020 to 2025. The major drivers for this market are rising usage of biofuels for microbial and process engineering and increasing government support to preserve the environment.
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Environmental biotechnology is a branch of science that utilizes living organisms and innovation to provide effective solutions related to environmental problems.
Within this market, wastewater will remain the largest application segment over the forecast period due to increasing industrial waste release.
North America will remain the largest region over the forecast period due to rising usage of biofules in industries and favorable government policies in the region.
Alken-Murray, American Biosystems, Amsa, Aquarobic Int'l, Avecom, Bestechnologies, Bio-Organic Catalyst, Bio-Systems, Biogenesis Enterprises, and Bionutratech are among the major suppliers in the global environmental biotechnology market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global environmental biotechnology market by product, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Environmental Biotechnology Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global environmental biotechnology market by product, application, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
Microbial Blends
Nutrients
Enzymes
Microbes
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Wastewater Treatment
Bioremediation
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.