Environmental Consulting Services Market Global Industry Analysis Forecast 2016 - 2026

Environmental consultation services are a form of compliance consulting, in which an expert provides advice and assistance to a business or the government on environmental issues. The work includes risk evaluation, site remediation, contamination control, sustainable development, noise pollution monitoring & prevention, and remediating environmental impacts to groundwater, soil, surface water, and air. The consulting services employs surveyors, drillers and cartographers for field work, data analysis, mapping, modelling and sample collection.The federal and state governments and the construction, manufacturing, energy, automotive, mining, household, and chemical & petrochemical industries are major end-users of environmental consulting services.

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Based on environmental services, the market can be segmented into the following categories: waste management, environment management & compliance, and site remediation. Waste management consulting service followed by environmental management are expected to be the dominant segments over the forecast period. This is primarily due to the growing need for environmental assessment in the mining and construction sectors. The risks associated with hazardous materials released into the groundwater or soil are likely to boost the growth of environmental management services which provide mitigation measures to ensure public health. Rising regulations on gas station storage tanks to prevent leakage and spillage are also propellants of environmental consultation in the oil & gas sector.

Rising demand for advisory services in the construction and chemical manufacturing industries to prevent environmental contamination caused by toxic substances and increased spending on environmental remediation and pollution control in emerging economies are predicted to be key drivers of the environmental consulting services market during the forecast period, apart from the increasing government funds in the renewable energy and technology sectors to generate low levels of emission. The need for expertise and consultancy in areas such as waste minimization, sustainable development, and site remediation also creates numerous opportunities for this market. Diversification in consulting services such as life cycle assessment (LCA) and carbon pollution standards in nuclear power plants play a crucial role as well.

Geographically, the global market for environmental consulting services can be distributed over North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is projected to dominate the market in the near future, on account of the increasing emphasis on environmental protection and sustainable development in the region caused by private investments and the improving economic conditions of countries such as China and India. Rising incidence of natural disasters and the subsequent global focus on reducing human impact on the environment are also contributing factors, especially when consumers and organizations seek advice for emergency site remediation planning and cleanups. A surge in regulations on oil drilling and energy in countries such as the U.S., Canada, and Russia is also motivating the market for environmental consulting services.

The expansion of the market in Europe is slow to moderate, whereas the markets in Latin America, Africa, and Asia Pacific are expected to develop speedily. Poor environment, health, and safety (EHS) performances are major sources of business risks, owing to which chemical manufacturing and energy-dependent companies are focusing on hiring geoscientists, biologists and environment consultants to enhance the company’s portfolio and comply with environmental regulations.

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Key players engaged in environmental consulting services include AECOM, Bechtel Corporation, CH2M HILL, Amec Foster Wheeler Plc, Arcadis, Environmental Resources Management, and Golder Associates
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