United States Environmental PFAS Treatment Market, Forecast to 2024

United States Environmental PFAS Treatment Market, Forecast to 2024

Demand Soaring for Sample Testing and Site Assessment to Quantify the Challenge

RELEASE DATE
23-Mar-2020
REGION
North America
Research Code: K44F-01-00-00-00
SKU: EN01179-NA-MT_24214

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Description

Per- and polyfluoroalkyl substances (PFAS) contamination poses a significant and growing challenge across the United States. For decades, these substances have been included in many everyday products due to their non-stick, anti-flammable, and water-repellent properties. This is despite industrial knowledge that these chemical substances do not naturally degrade, but remain in the environment for an indefinite period of time. They negatively impact human health in myriad ways. Over the past 5 years, the government, public, and commercial and industrial organizations have been grappling with the task of identifying the extent of PFAS pollution and how it can be stopped and treated. The market for sample testing, site assessment, and treatment has been growing very rapidly as a result of this ubiquitous contamination and increased public awareness.

The extent of industrial and commercial liability is being explored, which is expected to put leading chemical companies on the line for compensation. Industry verticals in site assessment and, especially, sample testing are, therefore, witnessing strong growth. As multiple locations per site need to be tested on an ongoing basis and treatment technologies need to be tested for immediate and ongoing efficacy, testing laboratories are struggling to keep up with the demand. Legislation, while slow-moving, will mature in evidence, guidance, and compliance, motivating many stakeholders to understand their strategic positions and decide on the next steps. Maturation of regulatory guidance and compliance will boost market growth for treatment technologies, as site owners and stakeholders will be more confident in adopting the treatment steps required to ensure compliance.

While the market records strong growth, it is held back by certain factors. These include a developing knowledge base, uncertainty over eventual liability, avoidance of responsibility, and a fragmented testing environment. Ultimately, these restraints are all characterized by the need for market action, and once the perils of PFAS contamination are better understood, it will reinforce the need for action.

This study investigates the United States Environmental PFAS Treatment Market that is segmented into 3 revenue categories: sample testing, site assessment, and treatment. Providing an evaluation of the growth environment and market revenues and forecast, the study further delivers visioning scenarios and a growth pipeline that identify opportunities in strategy and vision and in brand and demand. Leading stakeholders in the market, including testing laboratories, consulting engineers, and treatment solution providers have contributed to the research. Data and primary research inputs have been aggregated and analyzed to determine key market opportunities during the forecast period (2018 to 2024).

Author: Seth Cutler

RESEARCH: INFOGRAPHIC

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Table of Contents

Purpose of this Experiential Study

5 Step Process to Transformational Growth

Strategic Imperatives for PFAS Treatment Market Participants

Growth Opportunities for Equipment Suppliers

Market Definitions and Segmentation

Market Landscape

Market Drivers and Restraints

Drivers Explained

Drivers Explained (continued)

Restraints Explained

Restraints Explained (continued)

Revenue Forecast

Revenue Forecast Discussion

Revenue Forecast by Technology

Revenue Forecast Discussion by Technology—Sample Testing

Revenue Forecast Discussion by Technology—Sample Testing (continued)

Revenue Forecast Discussion by Technology—Site Assessment

Revenue Forecast Discussion by Technology—Site Assessment (continued)

Revenue Forecast Discussion by Technology Segment—Treatment

Macro to Micro Visioning

Social and Demographic Trends/Factors Impacting the US Environmental PFAS Treatment Market

Industry Mega Trends/Factors Impacting the US Environmental PFAS Treatment Market

New Business Models Trends/Factors Impacting the US Environmental PFAS Treatment Market

Disruptive Technologies Trends/Factors Impacting the US Environmental PFAS Treatment Market

Competitive Landscape Trends/Factors Impacting the US Environmental PFAS Treatment Market

Top Predictions for the US Environmental PFAS Treatment Market

Levers for Growth

Growth Opportunity 1, 2—Business Models/Vertical Integration

Growth Opportunity 3—New Capabilities

Growth Opportunity 4—Value-added Services

Growth Opportunity 5—Geographic Expansion

Growth Opportunity 6—Brand Recognition

Growth Opportunity 7—Value Proposition

Growth Opportunity 8—Thought Leadership

Growth Opportunity 9—Customer Research

Growth Opportunity 10—Upsell/Cross-sell

Identifying Your Company’s Growth Zone

Growth Opportunities 1–5—Vision and Strategy

Growth Opportunities 6–10—Brand and Demand

Growth Opportunities Matrix

Growth Strategies for Your Company

Prioritized Opportunities through Implementation

Legal Disclaimer

List of Exhibits

Related Research
Per- and polyfluoroalkyl substances (PFAS) contamination poses a significant and growing challenge across the United States. For decades, these substances have been included in many everyday products due to their non-stick, anti-flammable, and water-repellent properties. This is despite industrial knowledge that these chemical substances do not naturally degrade, but remain in the environment for an indefinite period of time. They negatively impact human health in myriad ways. Over the past 5 years, the government, public, and commercial and industrial organizations have been grappling with the task of identifying the extent of PFAS pollution and how it can be stopped and treated. The market for sample testing, site assessment, and treatment has been growing very rapidly as a result of this ubiquitous contamination and increased public awareness. The extent of industrial and commercial liability is being explored, which is expected to put leading chemical companies on the line for compensation. Industry verticals in site assessment and, especially, sample testing are, therefore, witnessing strong growth. As multiple locations per site need to be tested on an ongoing basis and treatment technologies need to be tested for immediate and ongoing efficacy, testing laboratories are struggling to keep up with the demand. Legislation, while slow-moving, will mature in evidence, guidance, and compliance, motivating many stakeholders to understand their strategic positions and decide on the next steps. Maturation of regulatory guidance and compliance will boost market growth for treatment technologies, as site owners and stakeholders will be more confident in adopting the treatment steps required to ensure compliance. While the market records strong growth, it is held back by certain factors. These include a developing knowledge base, uncertainty over eventual liability, avoidance of responsibility, and a fragmented testing environment. Ultimately, these restraints are all characterized by the need for market action, and once the perils of PFAS contamination are better understood, it will reinforce the need for action. This study investigates the United States Environmental PFAS Treatment Market that is segmented into 3 revenue categories: sample testing, site assessment, and treatment. Providing an evaluation of the growth environment and market revenues and forecast, the study further delivers visioning scenarios and a growth pipeline that identify opportunities in strategy and vision and in brand and demand. Leading stakeholders in the market, including testing laboratories, consulting engineers, and treatment solution providers have contributed to the research. Data and primary research inputs have been aggregated and analyzed to determine key market opportunities during the forecast period (2018 to 2024). Author: Seth Cutler
More Information
Author Seth Cutler
GPS Codes 9307-A4
Industries Environment
No Index No
Is Prebook No
Podcast No
WIP Number K44F-01-00-00-00