CBRN & Hazmat Incidents Decontamination Equipment Market Will Grow from $5.8b in 2013 to $8.3b in 2020, Says a New Report at Homeland Security Research Corp

The need to decontaminate people, buildings and infrastructures after CBRN & Hazmat events will lead to an $8.3 billion market by 2020 for CBRN decontamination equipment sales and maintenance.

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At all stages: Location, Facilities, Equipment, Management, Policies/Procedures

The Department of Homeland Security Threat Assessment ranks a CBRN terror attack as the most dangerous threat confronting the U.S for the years 2013-2018.

Washington D.C. (PRWEB) April 01, 2014

This need was demonstrated only too recently with the August 2013 Sarin chemical attack in the suburbs of Damascus resulting in at least 281 to 1,729 fatalities, with over 90% of them civilians. With Syria relinquishing by March 2014 only 50% of Bashar Assad’s chemical weapons arsenal, nearly 700 tons still remain vulnerable to falling into the wrong hands.

According to the Decontamination Equipment of CBRN & Hazmat Incidents: Industry, Technologies and Global Market - 2014-2020 report, following the accident at the Fukushima nuclear power plants and the BP oil spill in the Gulf of Mexico (total liability could amount to as much as US $100 billion), new governmental legislation and funding of post CBRN attack and Hazmat accidents are only two of the many factors driving the decontamination equipment and reagents market growth

Homeland Security Research Corp.'s new report is the most comprehensive analysis of the multibillion global decontamination incidents market published to date. Government-sponsored decontamination research and development will be directed at developing next generation decontamination techniques. As such, RDT&E projects receive considerable funding.

The report reveals 30 business opportunities induced by two main market drivers:
1. Policy makers’ increased recognition of the growing threat presented by Hazmat accidents and CBRN terrorism.
2. The environmentally conscious public would not tolerate slow & sloppy decontamination of Hazmat/CBRN events.

Meeting both of these challenges has sparked a host of new and pipeline technologies that have the decontamination markets poised for considerable growth.
The report, segmented into 48 submarkets, offers for each submarket 2011-2013 market size data and assessments, as well as 2014-2020 forecasts and analysis. In 288 pages, 178 tables and figures, the report analyzes and projects the 2014-2020 market and technologies from several perspectives, including:

  • Market and technology forecast by modality: contamination detection systems; equipment, buildings and infrastructure decontamination systems and people decontamination equipment
  • Regional and national markets: e.g., USA, Europe, China, Japan, Middle East, Latin America, Asia-Pacific.
  • Equipment sales and post warranty service & upgrade business
  • Guidelines for decontamination equipment procurement
  • Product comparison tables: hundreds of decontamination products including detailed product pricing and performance information
  • Competitive environment: 93 vendors and their products
  • Industry environment: e.g., competitive analysis, SWOT analysis
  • Current and pipeline decontamination technologies
  • Business opportunities and challenges

Explore more Homeland Security and Public Safety Reports at http://www.homelandsecurityresearch.com.

About Homeland Security Research Corp.(HSRC)
HSRC is a Washington, D.C. based international market research and strategic consulting firm serving the Homeland Security and Public Safety communities. HSRC provides premium market, present & emerging technologies and industry expertise, enabling our global clients to gain critical insight into the business opportunities that exist within the Homeland Security & Public Safety markets. Government clients include the U.S Congress, DHS, U.S Army, U.S Navy, NATO, U.K, Japan, Korea, Taiwan, Israel, Canada, Germany, Australia, Sweden, Finland, and Singapore; DOD, DOT, GAO, and the EU are among others. HSRC serves over 650 private sector clients, including all major defense and security contractors and many Fortune 500 companies. 70% of our reports are acquired by repeat customers.