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News Release -- San Diego, Calif. -- The U.S. remediation business grew 2.9% in 2010 to $7.7 billion in total revenues, up from 1% in 2009, according to annual research conducted by Environmental Business International Inc. and published in its updated EBI Report 319 on Remediation & Industrial Services.

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Sixty-two percent of remediation revenues were generated by remediation construction, with the remainder in consulting, design and analytical work. For remediation contractors alone, (i.e., those doing site construction predominantly), revenue gain was 9% in 2010.

Top Remediation Clients
Providing stability to the remediation market were Federal Department of Defense and Department of Energy contracts. Respondents to EBJ's 2010 annual remediation survey rated the Federal DOD market as the strongest client in 2010 and expected it to remain so for the next 2-3 years, with 69%, rating it as either "good, strong, or very strong" and only 2% forecasting a modest decline in DOD work. Federal DOE was a close second; the oil industry and Environmental Protection Agency also scored in the top six out of 17 client groups ranked by the EBJ Survey in 2010.

Brownfields Remediation Declines Alongside the Property Market
By contrast, commercial and residential property development ranked in the bottom three client sectors in 2010. With more foreclosures to come, brownfields continues to suffer a domino effect, with size and growth of the brownfields remediation sector seeing further declines.

Enforcement and the Economy
With states operating within huge budget deficits, 77% of respondents to EBJ's 2010 survey said state enforcement activity would be the most important market driver for remediation in 2011,  followed by economic health of primary customers (70%).

Trends in Remediation Technology
EBI's annual surveys indicate that traditional methods of excavation and off-site disposal, and cap and contain are still the most popular. However, they are used on only 40-45% of sites today, down from two-thirds of sites in 1992-2004. Bioremediation, chemical oxidation, and monitored natural attenuation were each deployed on at least 10% of sites in 2010.

Signs of Recovery
Fewer remediation companies (18%) reported revenue declines in 2010 versus 2009, when 31% reported diminished sales. In addition to aggregating proprietary numerical research, EBI interviews scores of senior environmental industry executives throughout the year. Addressing the general condition of the remediation market in 2011, respondents indicated that after a difficult 2009 and 2010, when cleanup spending on corporate site portfolios was on hold in many sectors, clients are now at least requesting budgets and cleanup cost estimates. In some sectors, delayed projects are starting to be lined up.

EBI Report 319: Remediation & Industrial Services can be purchased individually for $995 or as part of a larger report Report 2020: The U.S. Environmental Industry & Global Markets ($3,995) is a comprehensive, 3,000+ page report featuring historical, current, and projected market quantification of all 12 environmental industry segments, including revenues, key growth areas, business development trends, business strategies, acquisitions, firm profiles, and lists of leading companies in most environmental segments.

Environmental Business Journal® (EBJ) is the leading source of business intelligence in the environmental industry. EBJ provides a strategic overview and an independent perspective on market trends and business strategy in a monthly publication. EBJ has been published since 1988 by Environmental Business International, Inc., an independent business research company.

For interviews or further information contact:
Grant Ferrier, President, EBI Inc., 619-295-7685 x 15