E.L. Harvey & Sons, Biffa, Plasco, Keppel Seghers, Covanta Holding Corporation, Hitachi, Recology, Xcel Energy, Amec Foster Wheeler and Green Conversion Systems Profiled in Solid Waste Management Market Report 2018 by Global Market Insights, Inc.

According to Global Market Insights, Inc., Solid Waste Management Market is expected to surpass USD 340 billion by 2024.Growing adoption of recycling and WTE incineration technique to curb air pollutions along with increasing environmental concern will stimulate the industry growth. Rapid municipal solid waste generation owing to growing population and increasing investment towards industrial sector will further propel the business landscape.

Ongoing adoption of optimized treatment techniques coupled with rising environmental concerns will drive the solid waste management market size. Increasing generation of municipal solid waste owing to large scale urbanization will stimulate the industry growth.

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As per the United Nations Department of Economic and Social Affairs, share of urban population across the globe is projected to reach 66% by 2050 when compared with 52% in 2014.

Increasing urbanization coupled with deterioration of environment to support industrial development will augment the china solid waste management market. Robust increase in municipal waste owing to rapid population growth will further complement the industry outlook. As per National Bureau of Statistics of China, the country has witnessed a population growth of 0.53% in 2017 as compared to last year.

Escalating generation of municipal and industrial waste along with strict government regulations to minimize the non-hazardous waste disposal will propel the U.S. solid waste management market. The U.S. introduced solid waste disposal act of 1965 to promote the better management of solid waste.

Growth Drivers:

• Waste as a source of energy in the Asia Pacific

• Increasing manufacturing facilities in the Asia Pacific

• Large-scale urban migration in the ASEAN countries

• Ongoing adoption of sustainable waste management mechanism in the North America

• Strict government norms toward open dumping in the North America

• Growing inclination towards Municipal Solid Waste management in the Europe

• Increasing population along with rapid industrialization in the Middle East & Africa

• High urbanization levels in the Latin America

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Stringent government regulation to curb greenhouse gas emissions along with growing focus to limit generation of landfill will augment the solid waste management market share. European Union set target to curb greenhouse gas emissions up to 20% by 2020 from 1990 level. Growing adoption of waste treatment facilities including composting, anaerobic digestion, incineration and recycling will further propel the industry growth.

Introduction of several government incentives including soft loans and tariff to promote the collection of recycling waste for treatment facilities along with paradigm shift towards privatization collection services will drive the solid waste management market.

Notable players in solid waste management market include E.L. Harvey & Sons, Biffa Group, Veolia, Stericycle, Cleanaway, Wheelabrator Technologies, Plasco, Keppel Seghers, Covanta Holding Corporation, Hitachi, Recology, Xcel Energy, Amec Foster Wheeler and Green Conversion Systems.

Browse key industry insights spread across 554 pages with 788 market data tables & 10 figures & charts from the report, Solid Waste Management Market in detail along with the table of contents:

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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