U.S. Environmental Industry Generates $363 Billion in Revenues

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News Release -- San Diego, Calif. -- The U.S. environmental industry grew 3.5% in 2015, according to research and data compiled by Environmental Business International Inc. (EBI, San Diego, Calif.), publisher of Environmental Business Journal. The environmental industry's $363.3 billion in total revenues represented 2.83% of U.S. gross domestic product (GDP) in 2015. In 2016, EBI forecasts that the U.S. environmental industry will grow 3.7%, with annual average growth in 2017-2019 of 3-4%.

See TOC and Purchase EBJ Environmental Industry Overview 2016 for $250 (23 Charts, Trend Analysis, and Interviews)

EBI's definition of the environmental industry encompasses 14 business segments, including environmental consulting & engineering, remediation and industrial services, solid and hazardous waste management, air pollution control, water & wastewater treatment, resource recovery, instruments and information, and clean energy systems.

"EBI believes that while the outlook for environmental companies in 2017 and 2018 will be impacted by the unexpected election outcome, the industry's growth trajectory is more a function of infrastructure spending, development investment, construction activity, oil & gas supply & demand, and federal government spending, and quite possibly in that order," said EBJ Editor-in-Chief Grant Ferrier.

Infrastructure will be a central theme of the environmental industry out to 2020, particularly the hard infrastructure of electric power, water and transportation and all the planning, design, engineering and construction that comes with upgrading America's outdated assets, noted Ferrier: "The long-term driver of infrastructure investment, and infrastructure resilient enough to adapt to the severe weather and long-term impacts of climate change, will remain a stronghold of the environmental business."

See TOC and Purchase EBJ Environmental Industry Overview 2016 for $250 (23 Charts, Trend Analysis, and Interviews)

EBI estimates environmental industry employment at 1.73 million in 2015, up 4,500 from 2014 with gains in clean energy offset by loss of employment in resource recovery and industrial services related to the decline in the oil & gas industry.

Inside this edition:
EBJ’s Annual Industry Overview presents statistical summaries of the environmental industry in 14 segments, featuring charts with revenues, growth, employment, number of companies, forecasts, and revenue breakdowns by client, media and function. This edition also features a special section on Environmental Laboratories and Industrial Services, in addition to coverage of key trends and Merger & Acquisition activity.

see list of exhibits and data included in EBJ's Environmental Industry Overview 2016 edition

For comment and access to research, contact:
Grant Ferrier, President, EBI Inc.
619-295-7685 ext 15
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For assistance and support, contact:
619-295-7685 ext 13
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