Waste Management Market to Increase Exponentially During 2018 to 2025

28/mag/2020 09:03:48 Ethan Smith Contatta l'autore

Questo comunicato è stato pubblicato più di 30 giorni fa. Le informazioni su questa pagina potrebbero non essere attendibili.

The  global waste management market  size is expected to reach $ 530.0 billion by 2025 from $ 330.6 billion in 2017, growing at a CAGR of 6.0% from 2018 to 2025. Waste management is the collection, transportation, and disposable of garbage, sewage, and other waste products. It involves treatment of solid waste and disposal of products and substances in a safe and efficient manner.

The growth of the global waste management market is driven by increase in adoption of proactive government measures to reduce illegal dumping. In addition, surge in population and increased globalization have led to rise in the overall waste volume, worldwide. The urban population produced about 1.3 billion tons of municipal solid waste (MSW) in 2012, which is expected to grow to 2.2 billion tones by 2025. Moreover, increase in industrialization in the emerging economies, such as India, China, and Taiwan, has led to the development of chemical, oil & gas, automobile, and medical industries, which generate enormous amount of waste and cause pollution. These factors are expected to significantly contribute toward the growth of the global market.

Get Access to sample pages: https://www.trendsmarketresearch.com/report/sample/13285

However, high cost of procuring and operating waste management solutions is expected to hamper the market growth. Conversely, increase in awareness among public and government agencies about these solutions and upsurge in need to develop waste-to-energy solutions are expected to provide lucrative growth opportunities for market players during the forecast period.

The global waste management market is segmented based on waste type, service, and region. On the basis of waste type, the market is divided into municipal waste, industrial waste, and hazardous waste. Depending on service, it is classified into collection services and disposable services.

The collection services segment is subsegmented into collection & transportation, storage & handling, and sorting. The disposable services segment is further segregated into landfills, recycling, compositing & anaerobic digestion, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Europe accounted for the highest market share in 2017, and is expected to maintain its dominance throughout the forecast period. This is attributed to factors such as rapid industrialization in the region and adoption of proactive measures toward adoption of recycling technologies along with implementation of stringent government regulations to reduce air pollution.

However, Asia-Pacific is expected to emerge as a lucrative market with the maximum growth potential, owing to rise in urbanization and increase in disposable income.

The major players profiled in the global waste management report include Advanced Disposal Services, Biffa Group, Clean Harbors, Inc., Covanta Holding Corporation, Daiseki Co. Ltd., Hitachi Zosen Corporation, Remondis AG & Co. Kg, Suez Environment S.A., Veolia Environment S.A., Waste Management Inc.

KEY MARKET SEGMENTS

BY WASTE TYPE
• Municipal Waste
• Industrial Waste
• Hazardous Waste

BY SERVICE
• Collection
• Disposal

BY REGION
• North America
o U.S.
o Canada
o Mexico

• Europe
or UK
or Germany
or France
or Russia
or Spain
or Italy
or Denmark
or Norway
or Ireland
or Portugal
or Greece
or Rest of Europe

Exclusive Discount Offer on Quick Purchase @  https://www.trendsmarketresearch.com/report/discount/13285

• Asia-Pacific
or China
or Japan
or India
or South Korea
or Australia
or Rest of Asia-Pacific

• LAMEA
or Latin America
or Middle East
or Africa

KEY PLAYERS
• Advanced Disposal Services
• Biffa Group
• Clean Harbors, Inc.
• Covanta Holding Corporation
• Daiseki Co. Ltd.
• Hitachi Zosen Corporation
• Remondis AG & Co. Kg
• Suez Environment SA
• Veolia Environment SA
• Waste Management Inc.

Covid 19 Impact Analysis @  https://www.trendsmarketresearch.com/report/covid-19-analysis/13285 

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl