Environmental protection industry market analysis in 2023: The annual revenue of the environmental protection industry exceeds 2.22 trillion yuan

Environmental protection refers to the economic field involving environmental protection, sustainable utilization of resources and green and sustainable development. Environmental protection issues have received increasing attention and attention, and the water treatment field accounts for the largest proportion in the environmental protection industry.

The scale of the environmental protection market is growing steadily

The environmental protection industry refers to the industrial field whose main goal is to solve environmental problems. This industry aims to protect and improve environmental quality, reduce environmental pollution, promote sustainable development, and ensure the harmonious coexistence of human life and economic activities with the natural environment through scientific and technological means and management measures. The offline environmental protection industry usually refers to traditional physical enterprises and organizations, such as environmental protection engineering companies, environmental protection equipment manufacturers, waste treatment companies, environmental protection testing laboratories, etc. These enterprises and organizations carry out environmental governance and protection work in the real world through actual material and technical means.

The environmental protection industry is an important part of the national economy and an important force in promoting green transformation and development. In 2022, under the impact of multiple factors such as the COVID-19 epidemic, energy crisis, and international trade frictions, the environmental protection industry will face difficulties and pressures such as insufficient demand, rising costs, and financial constraints. However, driven by policy support and market demand, it has achieved Steady and progressive development.

The environmental protection industry mainly includes environmental protection machinery and equipment manufacturing, nature protection development and operation, environmental engineering construction, environmental protection services, etc. In recent years, the development of China's environmental protection industry has continued to improve. Environmental protection industry market analysis data shows that in 2022, China's environmental protection industry will have annual revenue of approximately 2.22 trillion yuan, with a CAGR of 11.6% since 2016, achieving a good start in the "14th Five-Year Plan" and adding more green to Beautiful China.

As global environmental awareness increases and carbon emission reduction policies continue to advance, the global environmental protection market has grown steadily. Data related to market analysis of the environmental protection industry show that the scale of the global environmental protection industry in 2014 was approximately US$915.8 billion, rising to US$1.2686 billion in 2021, with an average annual compound growth rate of 4.77%. The scale of the global environmental protection industry in 2021 is approximately US$1,268.6 billion, of which the water treatment field is the largest, accounting for 56.29%, followed by the solid waste treatment and environmental services fields, with the combined scale of the three fields accounting for nearly 90%.

Comprehensive services throughout the industry chain have become an important development direction for environmental protection companies

Market analysis of the environmental protection industry mentioned that since the "14th Five-Year Plan", under the guidance of the "double carbon" policy, major energy conservation and environmental protection policies involving energy conservation, consumption reduction, emission reduction and other major energy conservation and environmental protection policies have ushered in a period of intensive release. The environmental protection industry is expected to fully enjoy the policy dividends. Entering a new round of high prosperity cycle. The goal of "dual carbon" is to establish a green, low-carbon circular development economic system. The circular economy combines important resources with multiple economic and social benefits such as carbon reduction and emission reduction. It is related to new energy and new materials, waste resource recycling, Sectors such as supporting environmental protection equipment for high-prosperity industries will perform well during the "14th Five-Year Plan" period.

Environmental sanitation city management departments, public utility units, and urban investment enterprises are not only the main downstream customers of the environmental protection industry, but also the managers of the environmental protection industry or their affiliated companies. They have diversified needs for environmental protection governance. Single design, engineering construction, or operation services have become It is difficult to meet the needs of downstream customers. At the same time, as environmental protection standards become more stringent and the market share of the environmental protection industry becomes more concentrated, companies that provide a single industrial chain link are no longer able to effectively respond to market competition. Building full industry chain services such as technology research and development, process design, equipment manufacturing, engineering construction, and third-party operations has become an important development direction for environmental protection industry enterprises in the future.