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Cryogenic Equipment Industry Assessment 2023-2028: Linde,

Global Environmental Remediation Market (2021 to 2026) - Development of Advanced Remediation Technologies Presents Opportunities

Share this article Share this article ResearchAndMarkets.com s offering. The overall environmental remediation market is expected to grow from USD 104.6 billion in 2021 to USD 158.8 billion by 2026; it is expected to grow at a CAGR of 8.7% during 2021-2026. Key factors fueling this market s growth include increasing government initiatives for environmental protection; growing focus on development of environment-friendly industries; and rapid population growth and industrialization in developing countries. Development of advanced remediation technologies and continuous expansion of oil & gas industry create a strong demand for environmental remediation for efficient industrial operations in the midst of COVID-19. Oil & gas application to witness the highest CAGR in environmental remediation market during 2021-2026.

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