At 6.5% CAGR, Middle East & Africa Environmental Consulting Services Market is Projected to be Worth US$ 3,054.96 Million by 2031, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa environmental consulting services market was valued at US$ 1,842.35 million in 2023 and is expected to reach US$ 3,054.96 million by 2031, registering a CAGR of 6.5% from 2023 to 2031. Rising awareness in industries regarding environmental impact and rise in government regulations & laws for environment protection are among the critical factors attributed to driving the Middle East & Africa environmental consulting services market growth.

Oil and gas, petroleum, transportation, and construction industries require expert guidance to navigate environmental challenges, minimize ecological footprints, and implement sustainable practices, which can be met by adopting environmental consulting services. The oil and gas sector is among the largest contributors to global greenhouse gas emissions and environmental degradation. To overcome such challenges, awareness about climate change and sustainability is rising, encouraging oil and gas producers to implement a series of cost-effective and ready-to-implement measures. This promotes greener practices across the sector. For instance, oil and gas operations account for ~15% of total energy-related emissions across the globe or 5.1 billion metric ton of greenhouse gas emissions. By the end of the 2030, the emissions intensity of these operations will decrease by 50%, as per the International Energy Agency's Net Zero Emissions by 2050 Scenario. This leads to a 60% decrease in emissions from oil and gas operations by 2030, including a drop in oil and gas consumption. The transportation sector is considered among the largest contributors to CO2 emissions worldwide, especially from automobiles, aviation, and shipping industries. This sector is witnessing a rise in environmental awareness in order to meet decarbonization goals and a rise in green mobility solutions adoption. Governments of various countries across the globe are taking measures that encourage automakers and transportation companies to reduce emissions by implementing strict fuel efficiency standards as well as promoting the use of electric vehicles (EVs). As a result, several companies are taking initiatives to become net zero. For instance, in December 2023, Hydro and Volvo Group announced a strategic partnership to enable the global transport manufacturer to reach its 2040 target of delivering net zero-emission vehicles. These two companies also pledged to support their goals for zero-emission value chains. These companies are becoming more aware of their environmental impact and focusing on reducing tailpipe emissions by adopting EV technology and investing in charging infrastructure. The construction industry is becoming increasingly aware of its environmental footprint, particularly regarding resource consumption, waste generation, and carbon emissions from buildings and infrastructure projects. With rapid urbanization, there is an increasing focus on sustainable building practices to ensure that construction projects are resource-efficient and environmentally friendly. The utilization of recycled materials, prefabrication, and modular construction is gaining popularity across the globe. Construction companies are focusing on using green building materials, energy-efficient solutions, and sustainable architecture to meet certification requirements, such LEED. The demand for environmental consulting services is increasing as businesses operating in the abovementioned industries seek expertise in regulatory compliance, sustainability implementation, and climate change mitigation. Environmental consultants are increasingly crucial for industries aiming to transition to greener practices, reduce carbon footprints, and ensure long-term viability in a rapidly evolving environmental landscape. Thus, the rising awareness in industries regarding environmental impact drives the environmental consulting services market growth.

On the contrary, the high cost of consulting services hampers the growth of Middle East & Africa environmental consulting services market.

By service type, the Middle East & Africa environmental consulting services market is segmented into investment assessment and auditing, permitting and compliance, project and information management, monitoring and testing, and others. The investment assessment and auditing held 28.2% share of Middle East & Africa environmental consulting services market share in 2023, amassing US$ 520.33 million. It is projected to garner US$ 848.45 million by 2031 to register 6.3% CAGR during 2023–2031.

By media type, the Middle East & Africa environmental consulting services market is segmented into water management, waste management, and others. The water management held 38.8% share of Middle East & Africa environmental consulting services market share in 2023, amassing US$ 715.27 million. It is projected to garner US$ 1,254.84 million by 2031 to register 7.3% CAGR during 2023–2031.

By vertical, the Middle East & Africa environmental consulting services market is segmented into energy and utilities, chemical and petroleum, manufacturing and process industries, transportation and construction industries, and others. The others held 27.2% share of Middle East & Africa environmental consulting services market share in 2023, amassing US$ 500.81 million. It is projected to garner US$ 749.86 million by 2031 to register 5.2% CAGR during 2023–2031.

Based on country, the Middle East & Africa environmental consulting services market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 38.7% share of the Middle East & Africa environmental consulting services market in 2023. It was assessed at US$ 713.36 million in 2023 and is likely to hit US$ 1,250.77 million by 2031, registering a CAGR of 7.3% during 2023–2031.

Key players operating in the environmental consulting services market are Aecom; Jacobs Solutions Inc Arcadis NV; Bechtel Corp; ERM Group, Inc.; Tetra Tech Inc.; Antea Group; Stantec Inc; Ramboll Group A/S; SLR Consulting; and WSP Global Inc, among others.

• In 2024: Jacobs announced the completion of the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses (the “Separated Business”) and merger with Amentum Parent Holdings LLC, forming an independent, publicly traded company called Amentum Holdings, Inc. (NYSE: AMTM) ("Amentum"). The combination creates a robust, leading government-advanced engineering and technology solutions business.

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