1 Different Types of Soil PFAS Remediation Market
Segment by type, the Soil PFAS Remediation can be split into immobilization method and soil washing, thermal treatment and ex-situ
Table Different Types of Soil PFAS Remediation
|
Description | |
|
Immobilization method | Immobilization method: As an in-situ, cost-effective soil remediation method, immobilization adds reagents to contaminated soil to produce less toxic and insoluble compounds or by-products. Carbon’s non-polar functional groups help absorb hydrophobic contaminants like PFAS, which demonstrates how firmly carbon sorbents can bind and restrain soil pollutants. Carbon sorbents fall under one of three categories — multiwalled carbon nanotubes (CNTs), powdered activated carbon (PAC) and granular activated carbon (GAC). Although CNTs and PAC have higher sorption capacities, GAC is the most widely used stabilizing agent for PFAS remediation. GAC has been effective in remediating PFAS-contaminated soil at former dry-cleaning sites. Technicians can use this stabilizing agent at contaminated sites in many ways — by injecting GAC into the soil, mixing it with the soil to decrease chemical concentrations or placing it at an excavation base to prevent chemicals from seeping further into the water table. The immobilization method using GAC best suits contamination sites with low PFAS soil concentrations. |
|
Soil washing, thermal treatment and ex-situ |
Although these PFAS remediation technologies have been tested in the field, they are energy-intensive and costly. The washing method requires large quantities of solvents to wash PFAS-contaminated soil. Thermal treatments use extremely high temperatures because PFAS chemicals have such high melting points, which results in steep energy costs. In addition to higher costs, ex-situ (off-site) treatment methods increase waste production and risk of exposure to contaminated soil. |
2 Different Applications of Soil PFAS Remediation Market
Segment by application, the Soil PFAS Remediation can be split into private and public.
Table Different Applications of Soil PFAS Remediation
|
Description | |
|
Private refers to a for-profit company, partnership or other organization. | |
|
Public |
Public usually refers to an institution or entity controlled by the government that provides public services to society. |
3 Global Soil PFAS Remediation Market Share by Types in 2022
Immobilization method holds the largest share with 56.89%, indicating it’s the most commonly used approach for soil remediation.
Soil washing, thermal treatment, and ex-situ methods account for 38.13% of the market. This segment represents a significant portion, showing that these techniques are also widely adopted in the industry.
Additional methods make up a smaller portion of the market at 4.98%, suggesting that while they are used, they are less prevalent compared to the other two methods.
Figure Global Soil PFAS Remediation Market Share by Types in 2022
4 Global Soil PFAS Remediation Market Share by Applications in 2022
Public applications dominate the market with a substantial 68.77% share. This indicates that a majority of the soil remediation efforts are focused on public projects, which could include government initiatives, public infrastructure, or community-based environmental programs.
Private applications account for 31.23% of the market. While this is a smaller portion compared to public applications, it still represents a significant contribution to the overall market, likely involving private sector projects, commercial properties, or individual businesses seeking soil remediation services.
Figure Global Soil PFAS Remediation Market Share by Applications in 2022
5 Global Soil PFAS Remediation Market Revenue and Share by Type
Immobilization method has shown a steady increase in revenue, starting at 156.38 million USD in 2018 and reaching 321.59 million USD in 2023. This method has consistently held the largest market share, peaking in 2023 at 55.77%.
Soil washing, thermal treatment, and ex-situ methods have also seen growth, with revenues rising from 88.97 million USD in 2018 to 226.08 million USD in 2023. The market share for this category has fluctuated but has generally increased, reaching 39.21% in 2023.
Additional methods have contributed a smaller portion of the market, with revenues growing from 12.56 million USD in 2018 to 28.98 million USD in 2023. The market share for additional methods has been the smallest, with a slight increase to 5.03% in 2023.
Table Global Soil PFAS Remediation Revenue (M USD) by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Immobilization method |
156.38 |
179.55 |
193.12 |
226.78 |
280.68 |
321.59 |
|
Soil washing, thermal treatment and ex-situ |
88.97 |
106.68 |
117.62 |
144.93 |
188.12 |
226.08 |
|
Additional methods |
12.56 |
14.69 |
16.03 |
19.35 |
24.57 |
28.98 |
|
Total |
257.91 |
300.92 |
326.77 |
391.06 |
493.37 |
576.65 |
Table Global Soil PFAS Remediation Revenue Share by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Immobilization method |
60.63% |
59.67% |
59.10% |
57.99% |
56.89% |
55.77% |
|
Soil washing, thermal treatment and ex-situ |
34.50% |
35.45% |
35.99% |
37.06% |
38.13% |
39.21% |
|
Additional methods |
4.87% |
4.88% |
4.91% |
4.95% |
4.98% |
5.03% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
6 Global Soil PFAS Remediation Revenue and Share by Application
The Private sector has a steady increase in revenue, starting at 75.09 million USD in 2018 and reaching 185.53 million USD in 2023.
The Public sector has also experienced growth, with revenues rising from 182.82 million USD in 2018 to 391.12 million USD in 2023.
The total market revenue has increased from 257.91 million USD in 2018 to 576.65 million USD in 2023.
Table Global Soil PFAS Remediation Revenue (M USD) by Application (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Private |
75.09 |
86.05 |
93.91 |
116.18 |
154.08 |
185.53 |
|
Public |
182.82 |
214.88 |
232.86 |
274.88 |
339.29 |
391.12 |
|
Total |
257.91 |
300.92 |
326.77 |
391.06 |
493.37 |
576.65 |
The Private sector’s market share has gradually increased from 29.11% in 2018 to 32.17% in 2023.
The Public sector has seen a slight decrease in its market share, from 70.89% in 2018 to 67.83% in 2023.
The distribution of market shares indicates a balanced growth between private and public applications, with a slight shift towards private sector dominance.
Table Global Soil PFAS Remediation Revenue Share by Application (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Private |
29.11% |
28.59% |
28.74% |
29.71% |
31.23% |
32.17% |
|
Public |
70.89% |
71.41% |
71.26% |
70.29% |
68.77% |
67.83% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
7 Global Soil PFAS Remediation Revenue Forecast by Type
Immobilization method is projected to show a steady increase in revenue, starting at 321.59 million USD in 2023 and reaching 628.71 million USD by 2028. This method is expected to maintain a significant market share, fluctuating slightly but remaining around 55%.
Figure Global Soil PFAS Remediation Market Revenue (M USD) and Growth Rate Forecast of Immobilization method (2023-2028)
Soil washing, thermal treatment, and ex-situ methods are anticipated to grow from 226.08 million USD in 2023 to 531.44 million USD in 2028. The market share for this category is expected to increase, indicating a growing preference or advancement in these remediation techniques.
Figure Global Soil PFAS Remediation Market Revenue (M USD) and Growth Rate Forecast of Soil washing, thermal treatment and ex-situ (2023-2028)
Overall, there is robust growth in the Soil PFAS Remediation market, with the Immobilization method leading in revenue and market share. The increasing market share of soil washing, thermal treatment, and ex-situ methods indicates a trend towards more diverse and possibly more effective remediation approaches. The forecast reflects a positive outlook for the industry with a strong potential for innovation and expansion in soil remediation techniques.
8 Global Soil PFAS Remediation Revenue Forecast by Application
The Private sector is expected to see a significant growth in revenue, starting at 185.53 million USD in 2023 and reaching 453.24 million USD by 2028.
The Private sector’s market share is expected to increase from 32.17% in 2023 to 36.90% in 2028.
Figure Global Soil PFAS Remediation Market Revenue (M USD) and Growth Rate Forecast of Private (2023-2028)
The Public sector is also projected to increase, with revenues rising from 391.12 million USD in 2023 to 775.12 million USD in 2028.
The Public sector is projected to see a slight decrease in its market share, from 67.83% in 2023 to 63.10% in 2028.
Figure Global Soil PFAS Remediation Market Revenue (M USD) and Growth Rate Forecast of Public (2023-2028)
Overall, the forecast suggests a robust and expanding market for soil PFAS remediation, with both private and public sectors contributing significantly to the total market revenue. The increasing market share of the private sector suggests a growing focus on private investments in soil remediation solutions.
