Environment Market Research Report

lients in solving their business issues by gaining in-depth insights on the various aspects of the market. The Organization for Economic Co-operation and Development (OECD) states that the environmental sector consists of activities that aid in producing goods and services to correct, minimize, limit, prevent, or measure environmental damage to soil, air, and water. It also enables to solve problems associated with waste, eco-systems, and noise. This sector mainly deals with environmental services and equipment, waste management, and air pollution. The structure of this sector is transforming and growing at a fast pace. Countries such as the U.S., Japan, and Canada have begun adopting broad definitions of this sector. Norway, Germany, and Italy have selected the narrow ones. Such changes are set to affect the data collected on this sector. The market is currently dominated by Japan, Western Europe, and North America. But, the emerging markets in Latin America and Asia Pacific are surging gradually as they are starting to prioritize protection of the environment. The governments are also emphasizing on better environmental performance and sustainable development.