Press release
Solid Waste Management Market: Key Insights and Opportunities Expected to Grow Till 2024 | Key Players are E.L. Harvey & Sons, Biffa Group, Veolia, Stericycle, Cleanaway, Wheelabrator Technologies, Plasco, Keppel Seghers, Covanta Holding Corporation, Hita
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Solid Waste Management Market will exceed USD 340 billion by 2024, according to this new research report. 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.
U.S. solid waste management market is set to reach over 400 million tons by 2024. Increasing generation of industrial and municipal waste coupled with stringent regulations to eradicate the disposal of non-hazardous leftovers will fuel the business. The Land Disposal Program Flexibility Act of 1996 facilitates regulatory flexibility for the land disposal of specific wastes.
Shifting focus toward reduction of landfills along with government regulations to reduce GHG emissions will foster the solid waste management market. Adoption of advanced waste treatment facilities including recycling, incineration, composting and anaerobic digestion will further complement the business outlook. In 2015, Walmart announced to achieve the target to use 3 billion pounds of recycled plastics for its packaging and products by 2020.
Collection solid waste management market is projected to witness appreciable growth owing to introduction of strict regulatory norms to limit landfills. Government measures to encourage the collection of recycling waste for the treatment facilities will boost the product penetration. The Ministry of Environment, Heritage and Local Government issues waste collection permit regulation for single region and multi-region waste collection across EuropeGermany solid waste management market is set to grow over 1.5% owing to favorable government initiatives along with high end technology adoption by management services. The Waste Management Act of 1972, states that reuse and recycling are given priority over other disposal methods as they are cost saving methods.
Qatar solid waste management market is set to surpass USD 1 billion by 2024. Paradigm shift in population demographics along with economic expansion and growing industrialization will positively impact the industry growth. As per Qatar Economic Outlook, the country has witnessed 3.3% economic growth in 2017 with an expectation to reach 3.6% by 2018.
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.
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.
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Global solid waste management market research report includes in-depth coverage of the industry with estimates & forecast in terms of Million Tons and USD from 2013 to 2024, for the following segments:
Global Solid Waste Management Market, By Waste
Municipal
Industrial
Global Solid Waste Management Market, By Service
Collection
Disposal
Landfills
Recycling
WTE Incineration
Composting and AD
Others
Global Solid Waste Management Market, By Source
Residential
Commercial
Hospitals
Government Building
Hotels
Others
Industrial
Institutional
Others
The above information is provided on a country basis for the following:
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Sweden
Others
Asia Pacific
China
Japan
South Korea
India
Australia
ASEAN
Thailand
Indonesia
Malaysia
Philippines
Singapore
Middle East & Africa
Qatar
UAE
Nigeria
South Africa
Latin America
Brazil
Argentina
Chile
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Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2: Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3: Solid Waste Management Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4: Solid Waste Management Market, By Region
Chapter 5: Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
SWOT Analysis
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