PRESS RELEASE BY MBD...

UK CONTAMINATED LAND TREATMENT MARKET RESEARCH REPORT

RELEASED: MARCH 2008

After researching the UK contaminated land treatment market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

MARKET REVIEW 2003-2007:

Demand for contaminated land assessment and treatment is believed to have increased by 7% to £1142.2 million in 2007. Indeed this consolidates growth recorded during each of the four previous years of the review period. Overall the value of the market for contaminated land assessment and treatment has increased by an estimated 31% between 2003 and 2007, reflecting continued construction output, government targets to build new homes on brownfield land, environmental regulations, and increased awareness of environmental responsibility.

MARKET FORECAST 2008-2012:

The value of the contaminated land assessment and treatment market is anticipated to increase during each year of the forecast period. Annual growth rates are expected to slow from 6% in 2008 to 4% in real terms in 2012. Overall demand is projected to increase by 29% in real terms compared with 2007, reaching £1470.7 million (at 2007 prices) by the end of the forecast period. Growth is partially attributable to continued growth in construction output, government house building targets and the impact of environmental legislation.

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