Green thumb: Stability in downstream commodity industries will boost industry revenue

Despite volatility in key downstream markets leading to fluctuations in demand, the Environmental Consulting industry in Texas has grown over the five years to 2017. More so than at the national level, the operators in Texas are highly dependent upon the energy sector for demand for services. Volatility in energy prices has significantly affected demand for services provided by industry operators. When the price of oil rises, oil exploration and production companies tend to increase their research and development budgets. After significant volatility in demand for services during the prior period, the industry is expected to benefit from stability in important downstream commodity industries. Production of oil in Texas is expected to increase over the five years to 2022...purchase to read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
-0.6%
Forecast Growth 17-22
Profit
Employment
8,598
Businesses
3,455

Industry Threats & Opportunities

  • Volatility in energy prices has significantly affected demand for services
  • Industry revenue growth would have declined were it not for increased demand from various booming construction industries
  • Increased demand for industry operators' services from key downstream consumers in Texas is expected to revitalize industry participation
  • Industry Report - Industry Investment Chapter

    The Environmental Consulting industry is characterized by a low level of capital intensity. The provision of advisory services is highly value-added. Consultants rely on high levels of education and extensive experience in specific fields to provide the best services to clients. In 2017, for every $1.00 spent on labor, the industry is expected to invest $0.05 in capital. Operators in the industry generally only require basic equipment such as computers and software packages to provide advisory services.Five years to 2017The level of capital intensity has risen slightly over the past five years. By comparison, for every $1.00 spent on labor, industry operators spent an estimated $0.04 on capital. The...purchase to read more.

    Additional Insights for the Environmental Consulting in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Environmental Consulting in Texas Industry are

  • Ability to compete on tender
  • Effective cost controls
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Annual Crude Oil Production in Texas and Annual Natural Gas Production in Texas in the Environmental Consulting in Texas industry impact industry performance..

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    What's in this report

    What is the Environmental Consulting in Texas Industry?

    This industry provides advice to businesses and federal governments on environmental issues, such as preventing environmental contamination from pollutants, toxic substances and hazardous materials. Environmental consultants identify problems, measure and evaluate risks and recommend solutions. The industry employs a multi-disciplined staff of scientists, engineers and other technicians.

    Industry Products
  • Environmental Assessment
  • Site Remediation
  • Waste and natural resource management consulting services
  • Environmental audits
  • Policy, licensing and litigation support services
  • Industry Activities
  • Contamination control consulting
  • Risk evaluation
  • Air and water quality consulting
  • Site remediation consulting
  • Sustainable development consulting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Annual Crude Oil Production in Texas
  • Annual Natural Gas Production in Texas
  • Local and State Government Expenditure in Texas
  • Value of private nonresidential construction in Texas

  • Current Performance
  • Volatility in energy prices
  • Growing demand from the construction sector
  • Chart: Revenue Growth

  • Industry Outlook
  • Increased demand from downstream consumers
  • Industry landscape
  • Table: Environmental Consulting in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Environmental Consulting in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Utilities
  • Construction
  • Manufacturing
  • Portable Toilet Rental & Septic Tank Cleaning
  • Public Administration

  • Key Selling Industries
  • Recycling Facilities
  • Remediation & Environmental Cleanup Services
  • Waste Collection Services
  • Waste Treatment & Disposal Services

  • Products & Services
  • Other
  • Environmental Assessment
  • Policy, licensing and litigation support services
  • Waste and natural resource management consulting services
  • Site Remediation
  • Environmental audits
  • Chart: Environmental Consulting in Texas Industry Products and Services Segmentation

  • Major Markets
  • Energy industries
  • Construction and manufacturing industries
  • Government
  • Other
  • Chart: Major Market Segmentation for the Environmental Consulting in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Wages
  • Purchases and depreciation
  • Profit
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Environmental Consulting in Texas

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Environmental Consulting in Texas Industry

  • AECOM, CH2M Hill Companies Ltd., Tetra Tech Inc., TRC Companies Inc.,
  • Table: AECOM - financial performance
  • Table: CH2M Hill Companies Ltd. - financial performance
  • Table: Tetra Tech Inc. - financial performance
  • Table: TRC Companies Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Environmental Consulting in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Environmental Consulting in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • TX - Annual Crude Oil Production in Texas (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Emissions Trading Plan
  • System that places a price on carbon emissions by weight. Above a certain level, the prices turn into credits and can be traded if a company's emissions fall.
  • Environmental Protection Agency (Epa)
  • A government agency designed to protect human health and safeguard the natural environment.
  • Merger And Acquisition
  • The buying, selling and combining of companies.
  • What Our Customers Say

    Why buy this report?

    The Environmental Consulting in Texas Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Environmental Consulting in Texas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Environmental Consulting in Texas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Environmental Consulting in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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