Waste Management Market – Global Industry Analysis and Forecast 2018-2026
Waste Management Market was valued US$ 245 Bn in 2017 and is estimated to reach approximately US$ 450 Bn by 2026 at a CAGR of about 8 % during a forecast period.
Rising population, rapid urbanization & industrialization, environmental impact, and rise in number of infrastructure development activities across the globe are the key factors driving waste management market. Poor management of the collection & disposal of waste may lead to leachate pollution of surface water and creates immense impact on the environment which may cause significant problems if the waste contains toxic substance or if nearby water sources are used for water supplies. Continued adoption of recycling techniques and development of innovative technologies and advanced waste collection solutions is propelling the waste management market. Waste management market is evolving at a rapid pace, particularly in emerging countries. Government regulation to reduce illegal dumping with the introduction of sustainable mechanism to manage waste will drive the global solid waste management market size in a forecast. Several studies proved that reutilizing of waste is a viable option and also desirable socially, economically, and environmentally. Sources are themselves accountable for their waste management and particularly hazardous waste. Local government authorities also offer counselling, consulting and commendations to administration on their management plan for further eco-friendly production process this will bring an opportunity to market.
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Based on source of waste, waste management market can be categorised into municipal waste and industrial waste. Municipal waste include waste from public places, commercial & residential buildings and institution. Municipal waste holds a major share of waste management market. Municipal solid waste management is a critical element towards sustainable metropolitan development, comprises segregation, storage, collection, relocation, processing, and disposal of solid waste to minimize its adverse impact on environment.
Based on service of waste management, waste management market is categorized into collection and disposal. Further disposal is sub-segmented into landfills, recycling, incineration, composting and anaerobic digestion, others. Among these collection service is most dominated one and is expected to grow at a measurable rate during the forecast period. Strict regulatory norms to limit landfills and government measures to facilitate the collection of recycling waste for the treatment facilities has boost the market growth. The fastest growing service for the waste management market is the disposal segment.
Based on end use, waste management market is segmented into oil & gas, agriculture, electronics, automobile and others. Out of these electronics and automobile dominates the market. U.S. power plants generated about 14 billion KW of electricity from burning about 30 million tons of combustible solid waste. Waste are maximum utilised for electricity generation. Many large landfills also generate electricity by using the methane gas that is produced from decomposing biomass in landfills.
Based on geography waste management market is divided into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific holds the major share of waste management market owing to rapid industrialization and shifting of industries in the region. Industrial waste management market in Asia-Pacific is expected to grow at a rapid pace. North America is anticipated to witness a remarkable growth due to the implementation of strict regulations against landfill and waste handling. Europe accounted for the highest share in the waste management industry in 2016 owing to existence of well-developed infrastructure and various end-user industries in the region.
Keyplayer of waste management market includes CLEAN HARBORS, INC., Daiseki Co. Ltd., Waste Management Inc., Suez Environment S.A., Advanced Disposal Services, Veolia Environment S.A, Republic Services Inc., Covanta, Remondis AG & Co. Kg, Biffa Group, and Hitachi Zosen Corporation.
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Waste Management Market scope:
Waste Management Market By Waste Type:
• Municipal Waste
• Industrial Waste
Waste Management Market By Service Type:
• Collection
• Disposal
Waste Management Market By End Use Type:
• Oil and Gas
• Agriculture
• Electronics
• Automobile
• Others
Waste Management Market by Region Type:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Keyplayer Analysed In the Waste Management Market:
• CLEAN HARBORS, INC.
• Daiseki Co. Ltd.
• Waste Management Inc.
• Suez Environment S.A.
• Advanced Disposal Services
• Veolia Environment S.A
• Republic Services Inc.
• Covanta
• Remondis AG & Co. Kg
• Biffa Group
• Hitachi Zosen Corporation
• Green Conversions
• Amec Foster Wheeler
• Xcel Energy, Recology
• Keppel Segher, Plasco Conversions
• Wheelabrator Technologies
• Nexans
• China Everbright International
• Cleanaway
• Sims Metal Management
• Stericycle,
MAJOR TOC OF THE REPORT
Chapter One: Waste Management Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Waste Management Market Competition, by Players
Chapter Four: Global Waste Management Market Size by Regions
Chapter Five: North America Waste Management Revenue by Countries
Chapter Six: Europe Waste Management Revenue by Countries
Chapter Seven: Asia-Pacific Waste Management Revenue by Countries
Chapter Eight: South America Waste Management Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Waste Management by Countries
Chapter Ten: Global Waste Management Market Segment by Type
Chapter Eleven: Global Waste Management Market Segment by Application
Chapter Twelve: Global Waste Management Market Size Forecast (2019-2026)
Browse Full Report with Facts and Figures of Waste Management Market Report at: https://www.maximizemarketresearch.com/market-report/waste-management-market/13244/
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