US Asbestos Abatement Market
According to a new comprehensive report from The Insight Partners, the US Asbestos Abatement Market is observing noticeable growth owing to the rising health risk due to the exposure to asbestos and growing government laws and regulations for asbestos abatement.
The US Asbestos Abatement Market comprises of work type segment and end users segment, owing to which the market is expected to register significant growth during the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities.
Overview of Report Findings
- Market Growth: The US Asbestos Abatement Market was valued at US$ 1003.58 million in 2024 and is projected to reach US$ 1522.41 million by 2031; it is expected to register a CAGR of 7.19% during 2025–2031. The US has various residential, commercial, and industrial facilities which are constructed before 1980. Hence, it is most likely that many of the building materials contain asbestos. Breathing in this dangerous material can caused serious health issue. A well-known example is 9/11, when the Twin Towers were attacked by terrorists and many people died in the resulting fall and fire. The Twin Towers contained asbestos materials, and individuals are still experiencing the devastating health consequences of inhaling the fibers. Hence due to this high health risk the demand for asbestos abatement services is increasing in the US. Also, strict laws and regulations imposed by the central, state, and local authorities on the handling and removal of asbestos is fueling the growth of the market.
- Renovation and Restoration Projects: Many residential, commercial, and industrial structures in the US were built before the 1980s, when asbestos was commonly used in insulation, roofing, flooring, and other construction materials. The Environmental Protection Agency (EPA) estimates that up to 107,000 buildings in the US contain asbestos, including older residences and schools. The agency also estimates that around 20% of all public and commercial buildings in the US have friable asbestos. Renovation or restoration work in these older buildings frequently exposes ACMs, necessitating prompt and compliant asbestos abatement services to ensure safety. In October 2024, Hickman Hall in Jubilee University announced the completion of asbestos abatement. The skilled workers of Gehm Environmental carefully and professionally removed this potentially hazardous material. Once asbestos has been safely removed, the next step in the restoration process is addressing and repairing the brickwork. This phase ensures that the building’s structural integrity is restored, preparing it for future use while maintaining safety and durability. Also, businesses and property owners are prioritizing renovations to create safer conditions for employees and renters. Thus, the growing renovation and restoration activities in the country is expected to fuel the market growth.
- Technological Innovation: Robotic asbestos removal is a game changer for the industry, increasing safety and productivity while reducing human exposure to dangerous materials. Robots equipped with high-precision cutting instruments, vacuum systems, and real-time monitoring sensors may do asbestos abatement jobs in confined or difficult-to-reach regions such as air ducts, crawl spaces, and high ceilings. By 2025, advancements in robotics will have resulted in the development of more compact, adaptable devices capable of navigating complex situations. These robots employ artificial intelligence (AI) to detect asbestos-containing materials and select the safest and most effective removal approach. A recent case study in New York City schools reveals the efficacy of robotic asbestos removal. During the summer break, the New York City Department of Education used robotic technologies to safely and efficiently remove asbestos from various school buildings, cutting the project duration by 30% and overall labor expenses by 25%. Thus, the growing advancements in asbestos detection are expected to bring in new market trends in the US during the forecast period.
Market Segmentation
- Based on asbestos work type, the US asbestos abatement services market is segmented into class I, class II, and class III. The class I segment dominated the market in 2024.
- Based on end-users, the US asbestos abatement services market is segmented into residential, commercial, and industrial. The commercial segment dominated the market in 2024.
Competitive Strategy and Development
- Key Players: A few major companies operating in the US Asbestos Abatement Market are Hazardous Waste Experts; Performance Contracting Group; Alliance Environmental Group, LLC.; U.S. Waste Industries; D.H. Griffin; A.C.E. Abatement; Waco, Inc.; Lepi Enterprises, Inc.; EIS Holdings LLC; P.A.L. Environmental Safety Corp.; and ARC Abatement.
- Trending Topics: Asbestos Cement pipe Market, Fireproofing Material Market , among others.
Headlines on US Asbestos Abatement Market
- ARC Abatement announced that they have been ranked in the Top 20 Asbestos/Environmental Firms by the Engineering News-Record (ENR) in 2024, reporting US$ 36.1 Million in Revenue for 2023.
- ARC Abatement’s Dallas branch completed a six-figure asbestos abatement project with Plano ISD. ARC’s crew successfully abated over 4,800 square feet of asbestos-containing overspray texture on concrete ceilings and 120 square feet of old soffit texture.
- Performance Contracting announced the development of a new 77,000-square-foot facility in Denver to accommodate its growing presence in the region. The facility will house various operations, including the company’s glass and glazing, interior, cleanroom, and insulated metal panel (IMP) scopes.
Conclusion
The US has various residential, commercial, and industrial facilities which are constructed before 1980. Hence, it is most likely that many of the building materials contain asbestos. Breathing in this dangerous material can caused serious health issue. A well-known example is 9/11, when the Twin Towers were attacked by terrorists and many people died in the resulting fall and fire. The Twin Towers contained asbestos materials, and individuals are still experiencing the devastating health consequences of inhaling the fibers. Hence due to this high health risk the demand for asbestos abatement services is increasing in the US. Also, strict laws and regulations imposed by the central, state, and local authorities on the handling and removal of asbestos is fueling the growth of the market. Furthermore, the growing renovation and remodeling of older buildings in the US is expected to rise the demand for asbestos abatement services, creating an opportunity for the growth of the market. Additionally, the growing adoption of robotics and automation for the removal of asbestos and growing advancement in the asbestos detection techniques is expected to fuel the growth of the market in the forecasted period.
The report from The Insight Partners, therefore, provides several stakeholders—including important information regarding solution providers, system integrators, and end users—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.
