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Remediation Expenditures to Increase in Proportion to the Scarcity of Water

The remediation of contaminated soil and water will assume even greater importance as the stress on resources grows. The biggest rate of growth will be in developing countries such as China. In countries where much has already been spent on remediation, the rate of growth will slow. 

In the U.K. over the five years through 2017, site remediation industry revenue will continue to increase but at a lesser rate than in the previous five-year period, which benefited from the spike in activity devoted to preparing sites for the 2012 Olympic Games. The outlook for the remediation industry is positive because housing and commercial developments across the U.K. will continue to need soil and groundwater remediation services. A greater number of abandoned industrial sites are being remediated in preparation for building construction. The scarcity of available land is a driver in much of Europe. 

The U.S. remains a strong market for groundwater cleanup. It will cost between $110 billion and $127 billion to clean up the 126,000 sites that have contaminated groundwater.

For the full article please click on the link below.......

Impeller.net

http://impeller.net/magazine/News_en/doc6574x.asp