Environmental Consulting in Texas
Despite volatility in key downstream markets leading to fluctuations in demand, the Environmental Consulting industry in Texas has grown over the five years to 2017. More so than at the national level, the operators in Texas are highly dependent upon the energy sector for demand for services. Volatility in energy prices has significantly affected demand for services provided by industry operators. When the price of oil rises, oil exploration and production companies tend to increase their research and development budgets. After significant volatility in demand for services during the prior period, the industry is expected to benefit from stability in important downstream commodity industries. Production of oil in Texas is expected to increase over the five years to 2022.
This industry provides advice to businesses and federal governments on environmental issues, such as preventing environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multi-disciplined staff of scientists, engineers and other technicians.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.