Industry Analysis & Industry Trends
Site remediation and decontamination requirements in preparation for the 2012 London Olympic Games have benefited this industry over the past five years. An example of this is the 2.5 square kilometre Olympic Park site in the Lower Lea Valley, which was contaminated from over a century of neglect and heavy industrial use. From 2007 to 2010, 1.3 million tonnes of contaminated soil from this site was cleaned, contributing to industry revenue levels in these years. Other Olympic sites also required remediation work, which drove industry revenue growth of 88.5% in 2010-11... purchase to read more
Industry Report - Industry Analysis Chapter
This industry has an increasingly important role to play in ensuring housing and commercial redevelopment sites meet government regulatory standards in relation to contaminated land. As economic activity increases and as environmental considerations continue to become more important in the United Kingdom, demand for site remediation work continues to increase. Land decontamination services for several sites redeveloped for the 2012 London Olympic Games have also contributed to recent industry growth.
High revenue volatility
Over the five years through 2011-12, IBISWorld estimates that industry revenue will increase at an annualised 12%... purchase to read more