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- CarbonCure Technologies Inc.
- Covanta Holding Corporation
- Ecolab Inc.
- ENGIE Impact
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- IDEX Corporation
- Lennox International
- Teledyne Technologies Incorporated
- Thermo Fisher Scientific Inc.
- Veolia
- Waste Connections
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ksm 24.08.26
Global environmental technology market is estimated to be valued at US$ 676.13 Bn in 2024 and is expected to reach US$ 986.81 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 676.13 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
5.50% |
2031 Value Projection: |
US$ 986.81 Bn |
Figure. Environmental Technology Market Share (%), By Region 2024

Global environmental technology market growth is driven by increasing climate change concerns and rising carbon emissions. Environmental technologies include water treatment systems, renewable energy installations, waste management solutions, and pollution reduction equipment. These provide eco-friendly alternatives for various industries and help minimize negative human impact on the natural ecosystem. With growing awareness about sustainability, many governments and organizations offer subsidies and incentives for adopting environment-protection measures. Emerging economies are also investing heavily in green infrastructure to ensure clean air and water for their citizens. The worldwide push for a low-carbon economy can offer opportunities for the market growth and boost demand for environmental technologies in the near future.
Market Dynamics:
Global environmental technology market growth is primarily driven by stringent government regulations regarding carbon emissions, water pollution control, and waste management. Major factors like the Paris Agreement, renewable energy targets, and zero-emission vehicle mandates have accelerated the deployment of green technologies. However, high initial costs, especially for small enterprises and municipalities in developing nations can hamper the market growth. Lack of standardization can create compatibility issues. Falling prices of renewable power generation systems and supportive policies in many countries can help to overcome financial barriers. Growing industrialization and urbanization have heightened pollution levels that boosts demand for environmental remediation services.
Key features of the study:
- This report provides in-depth analysis of the global environmental technology market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global environmental technology market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include AECOM, Abetment Technologies, Biffa ltd, CarbonCure Technologies Inc., Covanta Holding Corporation, Ecolab Inc., ENGIE Impact, HDR, Inc., IDEX Corporation, Lennox International, Teledyne Technologies Incorporated, Thermo Fisher Scientific Inc., Veolia, Waste Connections, Xylem.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- Global environmental technology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global environmental technology market.
Detailed Segmentation:
- By Component
- Solution
- Services
- Water Services
- Waste Management Services
- Energy Services
- Industrial Services
- By Application
- Power Generation & Fuel
- Solid Waste Treatment
- Pollution Monitoring
- Wastewater Treatment
- Water Purification Management
- Sewage Treatment
- Precision Cooling
- Gas Dissolution
- Others
- By End User
- Residential/Municipal
- Industrial
- Energy & Utilities
- Transportation & Logistics
- Oil & gas
- Food & Beverages
- Construction & Building Materials
- Retail & Consumer goods
- Government
- Others
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- AECOM
- Abetment Technologies
- Biffa ltd
- CarbonCure Technologies Inc.
- Covanta Holding Corporation
- Ecolab Inc.
- ENGIE Impact
- HDR, Inc.
- IDEX Corporation
- Lennox International
- Teledyne Technologies Incorporated
- Thermo Fisher Scientific Inc.
- Veolia
- Waste Connections
- Xylem
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Environmental Technology Market, By Component, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Solution
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Water Services
- Waste Management Services
- Energy Services
- Industrial Services
5. Global Environmental Technology Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Power Generation & Fuel
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Solid Waste Treatment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Pollution Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Wastewater Treatment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Water Purification Management
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Sewage Treatment
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Precision Cooling
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Gas Dissolution
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Environmental Technology Market, By End User, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
- Residential/Municipal
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Industrial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Energy & Utilities
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Transportation & Logistics
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Oil & gas
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Food & Beverages
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Construction & Building Materials
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Retail & Consumer goods
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Government
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Environmental Technology Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- North America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Europe
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Component, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
8. Competitive Landscape
- Company Profiles
- AECOM
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Abetment Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Biffa ltd
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- CarbonCure Technologies Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Covanta Holding Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ecolab Inc.
- ENGIE Impact
- HDR, Inc.
- IDEX Corporation
- Lennox International
- Teledyne Technologies Incorporated
- Thermo Fisher Scientific Inc.
- Veolia
- Waste Connections
- Xylem
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact