According to a new technical market research report, Environmental Markets for Biotechnology, the U.S. market for environmental biotechnology products for waste treatment is expected to be worth $ 180.2 million in 2008. This is expected to increase to $ 261.3 million by 2013, a compound average annual growth rate (CAGR) of 7.7%. The market is broken down into applications of microbial blends, nutrients, enzymes and microbes. Of these, microbial blends have the largest share of the environmental biotechnology market. Expected to be worth $ 89.2 million in 2008, this segment will increase to $ 130.6 million in 2013 for a CAGR of 7.9%.¹
¹BCC Research; www.bccresearch.com
² Process-Worldwide, Chemical and Pharmaceutical Engineering
