The US asbestos abatement market size is projected to reach US$ 1,522.41 million by 2031 from US$ 1,003.58 million in 2024. The market is expected to register a CAGR of 6.29% during 2025–2031. Technological innovations in asbestos abatement are likely to bring in key trends in the market.
US Asbestos Abatement Services Market Analysis
The US has various residential, commercial, and industrial facilities that were constructed before 1980. Thus, it is most likely that many of the building materials contain asbestos. Breathing in presence of this dangerous material can cause serious health issues. A well-known example is 9/11, when terrorists attacked the Twin Towers, 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. Due to high health risks, 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 are fueling the growth of the market. Furthermore, the growing renovation and remodeling of older buildings in the US is expected to spur the demand for asbestos abatement services, creating a market growth opportunity. Additionally, the growing adoption of robotics and automation for the removal of asbestos and growing advancement in asbestos detection techniques is expected to fuel the growth of the market during the forecast period.
Hazardous Waste Experts; Performance Contracting Group; Alliance Environmental Group, LLC.; U.S. Waste Industries; CORE Group; D.H. Griffin; Nielsen Environmental; A.C.E. Abatement; Waco, Inc.; Asbestos Removal Pro; and Lepi Enterprises, Inc. are among the key players operating in the market.
US Asbestos Abatement Services Market Overview
Asbestos is a building material that was widely used in the 1900s. It is a naturally occurring substance found on every continent and extracted as a byproduct of various mining operations. In 1973, America was the leading producer of asbestos, with an estimated 804,000 tons processed. Long-term exposure to asbestos has been linked to lung cancer, asbestosis, and mesothelioma.In March 2024, the EPA issued its final risk management rule for chrysotile asbestos. The regulation prevents the continued use of the only known form of asbestos being imported, processed, and disseminated in the US, thereby protecting Americans from lung cancer, mesothelioma, ovarian cancer, laryngeal cancer, and other health problems caused by asbestos exposure Home renovation activities are increasing in the US due to the growing real estate costs, owing to which homeowners prefer to remodel rather than relocate. Similarly, many commercial and industrial buildings are being updated to meet energy efficiency standards, conform with modern construction rules, and handle emerging technologies. These updates frequently necessitate the removal of ACMs. 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.
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US Asbestos Abatement Services Market: Strategic Insights
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US Asbestos Abatement Services Market: Strategic Insights
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US Asbestos Abatement Services Market Drivers and Opportunities
Rising Health Risks due to Asbestos
Exposure to asbestos poses a significant risk to human health, potentially leading to respiratory conditions such as asbestosis, mesothelioma, and asbestos-related lung cancer. The statistics surrounding asbestos exposure in the US are both alarming and well-documented. Since 1999, the Centers for Disease Control and Prevention (CDC) has been tracking illnesses and deaths linked to asbestos, with the majority of these tragic cases attributed to mesothelioma, a cancer caused by inhaling asbestos fibers. By 2005, the CDC reported that about 18,000 American lives had been lost due to the long-term effects of asbestos exposure. These numbers serve as a sobering reminder of the human toll that continues to be paid as a result of this hazardous material. Based on their data, the CDC projected that between 2005 and 2027, an additional 29,667 lives would be lost due to asbestos exposure. This translates to an average of 1,290 deaths each year in the US alone, underscoring the ongoing and devastating impact asbestos continues to have on people's health and lives. Furthermore, Asbestos.com reports that nearly 40,000 Americans die each year from malignant mesothelioma, lung cancer, and other asbestos-related disorders. Also, 1.3 million Americans are daily exposed to asbestos at work.
It is important to note that there is a significant delay, often spanning 20–60 years, between the initial exposure to asbestos and the onset of symptoms related to mesothelioma or other asbestos-related diseases. This long latency period means that many individuals may not experience the effects of their exposure until decades later, making early detection and prevention even more critical. Asbestosis-related symptoms include lung scarring, shortness of breath, clubbed fingers and toes, weight loss, and pain. Surgery, radiation, and chemotherapy are among the options that doctors can use to treat the condition.
Electricians, miners, construction workers, railroad workers, shipyard workers, aircraft and auto technicians, and mill workers are among those at the highest risk of developing lung cancer, asbestosis, and mesothelioma. Thus, such rising health risks due to exposure to asbestos are accelerating the demand for asbestos abatement in the US.
Growing Renovation and Restoration Projects in US
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.
US Asbestos Abatement Services Market Report Segmentation Analysis
Key segments that contributed to the derivation of the US asbestos abatement market analysis are work type and end user.
- Based on work type, the US asbestos abatement market is segmented into class 1, class 2, and class 3. The class 1 segment dominated the market in 2024.
- Based on end user, the US asbestos abatement market is segmented into residential, commercial, and industrial. The commercial segment dominated the market in 2024.
US Asbestos Abatement Services Market Analysis by Country
The geographical scope of the US asbestos abatement market report offers a detailed country-level analysis. The residential segment consists of asbestos abatement in homes, apartments, and other residential properties. Asbestos is present in many older homes built before the 1980s, particularly in materials such as insulation, roofing, flooring, and siding. Homeowners frequently require abatement services while remodeling or renovating since disrupting asbestos materials during home renovation projects can release dangerous fibers into the air, posing a health risk. In addition, asbestos removal can be viewed as an investment in preserving the value of a home and protecting its resale value. Furthermore, in the US, homeowners are legally required to have asbestos removed from their homes if it poses a health risk. Failure to do so may result in fines or legal action. Thus, strict laws and regulations and the need for healthy homes are fueling the growth of the US asbestos abatement services market.
US Asbestos Abatement Services Market Report Scope
US Asbestos Abatement Services Market News and Recent Developments
The US asbestos abatement market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The market players present in the US asbestos abatement market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings. A few of the developments in the US asbestos abatement market are listed below:
- 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. (Source: Performance Contracting, Press Release, July 2024)
- The National Insulation Association (NIA) announced the 2023 Safety Excellence Award winners in conjunction with its 68th Annual Convention, which took place in Naples, Florida. Performance Contracting was honored as a Platinum winner in the contractor category, the program’s highest level of excellence. (Source: The National Insulation Association (NIA), Press Release, April 2024)
US Asbestos Abatement Services Market Report Coverage and Deliverables
The "US Asbestos Abatement Services Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- US asbestos abatement market size and forecast at country levels for all the key market segments covered under the scope
- US asbestos abatement market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- US asbestos abatement market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the US asbestos abatement market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Hazardous Waste Experts; Performance Contracting Group; Alliance Environmental Group, LLC.; U.S. Waste Industries; CORE Group; D.H. Griffin; Nielsen Environmental; A.C.E. Abatement; Waco, Inc.; Asbestos Removal Pro; Lepi Enterprises, Inc. are the key market players operating in the US Asbestos Abatement Services market.
Growing Renovation and Restoration Projects in US- 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.
Rising Health Risks due to Asbestos- Exposure to asbestos poses a significant risk to human health, potentially leading to respiratory conditions such as asbestosis, mesothelioma, and asbestos-related lung cancer. The statistics surrounding asbestos exposure in the US are both alarming and well-documented.
1. Introduction 9
1.1 The Insight Partners Research Report Guidance. 9
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness by Work Type
2.3 Market Attractiveness by End User
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. US Asbestos Abatement Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
4.4 US Asbestos Abatement Total addressable Market
5. US Asbestos Abatement Market – Key Market Dynamics
5.1 US Asbestos Abatement Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Health Risks due to Asbestos
5.2.2 Government Regulations and Laws
5.3 Market Restraints
5.3.1 High Cost of Services
5.3.2 Use of Alternative Materials:
5.4 Market Opportunities
5.4.1 Growing Renovation and Restoration Projects in US
5.5 Future Trends
5.5.1 Technological Innovation in Asbestos Abatement
5.6 Impact of Drivers and Restraints:
6. US Asbestos Abatement Market Analysis
6.1 US Asbestos Abatement Market Revenue (US$ Million), 2021–2031
6.2 US Asbestos Abatement Market Forecast and Analysis
7. US Asbestos Abatement Market Analysis – by Work Type
7.1 Class 1
7.1.1 Overview
7.1.2 Class 1: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Class 2
7.2.1 Overview
7.2.2 Class 2: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
7.3 Class 3
7.3.1 Overview
7.3.2 Class 3: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
8. US Asbestos Abatement Market Analysis – by End User
8.1 Residential
8.1.1 Overview
8.1.2 Residential: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Commercial
8.2.1 Overview
8.2.2 Commercial: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Industrial
8.3.1 Overview
8.3.2 Industrial: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
9. Competitive Landscape
9.1 Heat Map Analysis
9.2 Company Positioning and Concentration
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Hazardous Waste Experts
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Performance Contracting Group
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Alliance Environmental Group, LLC.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 US Waste Industries
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 D.H. Griffin
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 A.C.E. Abatement
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Waco, Inc.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Lepi Enterprises, Inc.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 EIS Holdings LLC
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 P.A.L. Environmental Safety Corp.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
11.11 ARC Abatement
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Products and Services
11.11.4 Financial Overview
11.11.5 SWOT Analysis
11.11.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. US Asbestos Abatement Market Segmentation
Table 2. List of Vendors
Table 3. US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million) – by Work Type
Table 5. US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million) – by End User
Table 6. Heat Map Analysis
List of Figures
Figure 1. US Asbestos Abatement Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. US Asbestos Abatement Market Revenue (US$ Million), 2021–2031
Figure 5. US Asbestos Abatement Market Share (%) – by Work Type, 2024 and 2031
Figure 6. Class 1: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Class 2: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Class 3: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 9. US Asbestos Abatement Market Share (%) – by End User, 2024 and 2031
Figure 10. Residential: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Commercial: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Industrial: US Asbestos Abatement Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Company Positioning and Concentration
The List of Companies - US Asbestos Abatement Services Market
- Hazardous Waste Experts
- Performance Contracting Group
- Alliance Environmental Group, LLC.
- U.S. Waste Industries
- CORE Group
- D.H. Griffin
- Nielsen Environmental
- A.C.E. Abatement
- Waco, Inc.
- Asbestos Removal Pro
- Lepi Enterprises, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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