MOLD REMEDIATION SERVICE MARKET ANALYSIS
The global mold remediation service market is projected to surpass US$ 1,622.8 Mn by the end of 2030, in terms of revenue, growing at CAGR of 3.9% during the forecast period (2023 to 2030).
Market Trends
Increasing severity of natural disasters
Mold remediation is used for building material surfaces or the removal of contaminated building materials that are unsalvageable and other activities including applying biocides or antimicrobial compounds and sanitization protocols are intended to prevent future mold contamination. The increasing severity of natural disasters, flood and wildfire concerns, and aging homes and infrastructure are all contributing to the market growth. Natural disasters are becoming more common as a result of climate change, making repair services even more critical. For instance, in 2021, the Emergency Event Database (EM-DAT) recorded 432 disastrous events related to natural hazards worldwide
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