NAICS 562910 Quarterly Industry Report
Remediation Services
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 562910Sector: Administrative and Support and Waste Management and Remediation Services (56)Updated: Q1 2026
About This Report
This industry profile for Remediation Services (NAICS 562910) draws on data from the Bureau of Labor Statistics[6], U.S. Census Bureau, and SBA size standards database[7]. Published by Fair Market Value and updated quarterly, it provides valuation professionals, environmental services analysts, and business brokers with current market data. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team, with all quantitative claims sourced to publicly verifiable databases.
Industry Snapshot
Key metrics for the remediation services industry.
Share of Administrative and Support and Waste Management and Remediation Services
1.3%
By establishment count, 2022 Census[2]
NAICS Sector
56
Administrative and Support and Waste Management and Remediation Services
Industry Definition & Overview
Remediation Services (NAICS 562910) encompasses establishments primarily engaged in remediation and cleanup of contaminated buildings, mine sites, soil, or groundwater, as well as integrated mine reclamation activities and toxic material abatement per the U.S. Census Bureau[5]. This classification covers asbestos removal, lead paint abatement, underground storage tank cleanup, soil excavation and treatment, groundwater pump-and-treat systems, and brownfield redevelopment projects. The federal Superfund program under CERCLA drives a large share of remediation spending, with the EPA's National Priorities List identifying sites requiring long-term cleanup.
About 4,546 businesses operate 5,576 establishments nationally, employing roughly 85,937 workers and generating approximately $5.92 billion in annual payroll per the Bureau of Labor Statistics[6]. Clean Harbors, Veolia, and several mid-sized regional contractors hold major market positions, though the industry remains fragmented with thousands of small firms performing localized abatement work. Worker safety requirements under OSHA's HAZWOPER standard (29 CFR 1910.120) mandate 40-hour training for site workers and ongoing medical monitoring, creating workforce certification barriers.
Per the SBA Table of Size Standards[7], the size standard is $25.0 million in average annual receipts. Revenue comes from government contracts, private party cleanup obligations, real estate transaction-driven assessments, and insurance-funded abatement projects. State voluntary cleanup programs have expanded the market beyond federally mandated Superfund sites, allowing property owners to remediate contamination under less prescriptive regulatory frameworks. PFAS contamination at military bases and industrial sites has created a growing remediation segment, with treatment costs running substantially higher than conventional soil and groundwater cleanup.
What's Included in This Industry
- Contaminated soil excavation and treatment
- Groundwater remediation and pump-and-treat systems
- Asbestos abatement and removal services
- Lead paint testing and abatement
- Underground storage tank removal and cleanup
- Mine site reclamation and revegetation
- Brownfield assessment and redevelopment
- PFAS and emerging contaminant treatment
- Hazardous material decontamination
- Environmental site closure and monitoring
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Administrative and Support and Waste Management and Remediation Services | 56 |
| Subsector | Waste Management and Remediation Services | 562 |
| Industry Group | Remediation and Other Waste Management Services | 5629 |
| NAICS Industry | Remediation Services | 56291 |
| National Industry | Remediation Services | 562910 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 562112 | Hazardous Waste Collection | Hazardous Waste Collection transports contaminated materials from remediation sites to permitted treatment and disposal facilities, representing the logistics chain that moves excavated waste offsite |
| 541620 | Environmental Consulting Services | Environmental Consulting Services perform Phase I and Phase II environmental site assessments that identify contamination requiring remediation, serving as the upstream diagnostic step before cleanup begins |
| 541330 | Engineering Services | Engineering Services design remediation systems including groundwater treatment plants, soil vapor extraction networks, and containment barriers that remediation contractors then install and operate |
| 562211 | Hazardous Waste Treatment and Disposal | Hazardous Waste Treatment and Disposal processes contaminated materials removed during site cleanup, with treatment facilities accepting excavated soils and extracted groundwater for permitted destruction |
| 541380 | Testing Laboratories and Services | Testing Laboratories analyze soil, water, and air samples collected during remediation to confirm contamination levels and verify that cleanup standards have been achieved at treated sites |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 8.6% | 501 |
| 2 | Florida | 7.4% | 431 |
| 3 | Texas | 7.0% | 411 |
| 4 | New York | 6.6% | 387 |
| 5 | Pennsylvania | 4.6% | 267 |
| 6 | New Jersey | 4.3% | 249 |
| 7 | Colorado | 3.5% | 205 |
| 8 | Massachusetts | 3.1% | 181 |
| 9 | Washington | 3.1% | 181 |
| 10 | North Carolina | 3.1% | 179 |
% Of Establishments
0%
9%
Source: County Business Patterns, U.S. Census Bureau[3]
SBA Lending Summary
1,792
Total SBA Loans
$734.9M
Total Loan Volume
$410K
Average Loan Size
11 yrs
Average Loan Term
9.99%
Average Interest Rate
18,264
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: Per the SBA Table of Size Standards[7], Remediation Services (NAICS 562910) has a size standard of $25.0 million in average annual receipts for federal contracting purposes. SBA 7(a) loans[8] support equipment acquisition, worker training programs, and working capital for qualifying firms. Federal cleanup contracts through the EPA and Department of Defense represent a large addressable market for small business set-asides. Additionally, 504/CDC loans[9] provide long-term, fixed-rate financing for major fixed assets such as real estate and equipment.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | Live Oak Banking Company | 288 | $184.1M | $639K |
| 2 | Byline Bank | 48 | $56.5M | $1.2M |
| 3 | The Huntington National Bank | 320 | $49.8M | $156K |
| 4 | U.S. Bank, National Association | 64 | $48.6M | $759K |
| 5 | Truliant FCU | 8 | $29.6M | $3.7M |
Frequently Asked Questions
Common questions about this industry.
What types of businesses perform remediation services?
Firms range from large national contractors like Clean Harbors and Veolia to small local abatement companies. About 4,546 businesses operate 5,576 establishments employing roughly 85,937 workers per the U.S. Census Bureau[5]. Specializations include soil remediation, groundwater treatment, asbestos abatement, and lead paint removal.
How is the remediation industry regulated?
CERCLA (the Superfund law) and RCRA govern federal cleanup requirements, while state voluntary cleanup programs provide alternative frameworks per the Bureau of Labor Statistics[6]. OSHA's HAZWOPER standard mandates 40-hour training for site workers handling hazardous substances during remediation activities.
What is the SBA size standard for Remediation Services?
Per the SBA Table of Size Standards[7], NAICS 562910 has a size standard of $25.0 million in average annual receipts. This determines eligibility for SBA loans, federal contracting set-asides, and small business programs.
What NAICS codes are related to remediation services?
Related codes include NAICS 562112 (Hazardous Waste Collection), NAICS 541620 (Environmental Consulting), NAICS 541330 (Engineering), NAICS 238910 (Site Preparation), and NAICS 562211 (Hazardous Treatment) per the U.S. Census Bureau[5].
What drives demand for remediation services?
Federal Superfund mandates, state voluntary cleanup programs, real estate transactions requiring environmental clearance, PFAS contamination at military installations, and insurance-funded abatement projects all generate remediation demand across public and private sectors.
What activities are included in NAICS 562910?
Core activities include soil excavation and treatment, groundwater remediation, asbestos abatement, lead paint removal, underground tank cleanup, mine reclamation, brownfield redevelopment, PFAS treatment, and environmental monitoring per the U.S. Census Bureau[5].
Can remediation businesses get SBA loans?
Yes, firms meeting the $25.0 million size standard qualify for SBA 7(a) loans[8] covering remediation equipment, worker training, and working capital. Federal cleanup contracts provide a stable revenue base that supports SBA loan applications.
What is PFAS remediation?
PFAS (per- and polyfluoroalkyl substances) are persistent chemicals found at military bases, airports, and industrial sites that resist conventional treatment methods per the Bureau of Labor Statistics[6]. Remediation involves granular activated carbon, ion exchange, and high-temperature incineration at costs well above standard soil and groundwater cleanup.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [5]U.S. Census Bureau census.gov
- [6]Bureau of Labor Statistics bls.gov
- [7]SBA Table of Size Standards sba.gov
- [8]SBA 7(a) loans sba.gov
- [9]504/CDC loans sba.gov
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