Remediation & Environmental Cleanup Services in California
Over the five years to 2017, industry revenue has grown marginally. Operators in the Remediation and Environmental Cleanup Services industry in California primarily perform site and building remediation services to remove mold and asbestos, which are found at high levels in the state. In California, industry operators primarily perform site and building remediation services to remove mold and asbestos, which are found at high levels in the state. As a result, industry revenue trends similarly to trends in the state's construction sector. Over the five years to 2022, industry revenue is forecast to grow at a faster rate. California's construction sector is forecast to remain strong during the five-year period. As a result, demand for site and building remediation services is forecast to remain strong, which will benefit industry revenue growth.
Industry companies remediate contaminated buildings, soil and ground water; remove hazardous material; and abate toxic materials, such as asbestos and lead. California industry operators also undertake mine reclamation activities including demolition, waste-water treatment and revegetation. Although the industry includes revenue earned through state and federally funded cleanup projects in California, it excludes budget outlays to government agencies that engage directly in services.
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.