Environmental Consulting in Texas - Industry Market Research Report
- May 2019 •
- 20 pages •
- Report ID: 5470306 •
- Format: PDF
Mother earth: Stability in downstream commodity industries in Texas will boost industry revenue
Environmental Consulting in Texas
Despite volatility in key downstream markets leading to fluctuations in demand, the Environmental Consulting industry in Texas has grown over the five years to 2019. Industry operators provide consulting services to a variety of industries, such as those related to energy and construction, in regard to hazardous materials, contamination and other environmental concerns a client may have. More so than at the national level, operators in Texas are highly dependent upon energy-related industries for demand for services. When the price of oil rises, oil exploration and production companies tend to increase their research and development (R&D) budgets. Over the five years to 2024, crude oil production in Texas is expected to continue to steadily increase. This trend is expected to lead to increased demand for operators’ services during the five-year period.
This industry provides advice to businesses and federal governments on environmental issues, such as preventing environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multi-disciplined staff of scientists, engineers and other technicians.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.