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BCC Research Publishes a New Report on U.S. Markets for Environmental Biotechnology Products
Date:9/11/2013

Wellesley, MA (PRWEB) September 11, 2013

According to a new technical market research report, Environmental Markets for Biotechnology from BCC Research (http://www.bccresearch.com), the U.S. market for environmental biotechnology products was valued at $241.2 million in 2012 and is expected to reach $261.9 million by 2013. BCC Research projects the market to reach nearly $382.3 million by 2018, and register a compound annual growth rate (CAGR) of 7.9%.

Municipal and industrial wastewater treatment facilities are generating volumes of wastewater at unprecedented levels. Companies, water authorities, and other end users need cost-effective and efficient means of treating these waste streams. Environmental biotechnology solutions can treat both organic and toxic wastes found at contaminated sites across the country and worldwide without negatively impacting the environment. Waste treatment applications, such as animal waste, grease traps, biofilters for odor control, composting operations, and septic tank treatments present excellent market opportunities for effective environmental bioproducts.

Biotechnology promises to offer less expensive solutions for environmental management through natural microorganism, enzyme, and supplemental nutrient products along with new developments in biotechnology, including the production of biofuels derived from biotreatment of wastes. Biotechnology also has a promising future and can help in meeting energy demands with microbial products and the conversion of waste into raw products and processes for biofuel production.

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