Environmental Services & Equipment Industry Overview

Companies that provide waste collection, waste treatment and disposal, recycling, remediation, environmental engineering, and environmental consulting services, and/or provide purification and filtration technology and equipment, industrial air filters, and pollution control systems.

Summary

"Waste not, want not" is a popular adage, but let's face it: The world produces a LOT of waste, and someone has to do something with it.Solid waste management makes up a large segment of the environmental services and equipment industry, which is estimated at nearly $200 billion in the US alone.

Full Environmental Services & Equipment Industry Description

Selected Industry Concentration

Service Decentralization

Consolidation

Although the industry in general is fragmented, some segments are highly concentrated. In construction, turbine, and engine machinery production, the top four manufacturers have more than 50 percent of the market. In many other segments, the top four have a 30 to 40 percent market share. Only in metalworking machinery manufacture is the market highly fragmented.

Recent reform efforts focus on decentralizing managerial discretion and empowering operational managers in public sector management. Based on a national survey of US municipal governments, decentralizing purchasing responsibility has been less successfully implemented than have budgeting and personnel systems.

Economies of scale provided by the vertical integration of waste management operations has pushed consolidation. In 1989 there were 7,500 landfills in the US; in 2000 about 3,091. Some large landfill operators have acquired waste collection companies to ensure a steady wastestream.

Full Environmental Services & Equipment Industry Trends

• Actelios S.p.A.
• Advanced Recycling Sciences, Inc.
• Aerotech Laboratories, Inc.

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Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Environmental Services & Equipment maps to a number of NAICS codes including:

Full Environmental Services & Equipment Industry Codes

• Air & Waste Management Association
  
• American Academy of Environmental Engineers
  
• Chemical Strategies Partnership
  

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