Municipal Solid Waste Management Market in U.S. Trends Analysis By Key Players: Hitachi Zosen Corporation, Wheelabrator Group, Sims Metal Management Limited, SUEZ, Waste Connections, Clean Harbors, Veolia, Covanta, Xcel Energy, Recology

Municipal Solid Waste Management Market in U.S. to be driven by a supportive regulatory framework, rising number of recycling & composting services to stimulate the industry outlook. U.S. municipal solid waste management market to accumulate hefty proceeds from paper & paperboard trash, New York to emerge as a lucrative growth avenue. According to latest report by Global Market Insights, Inc., Municipal Solid Waste Management Market in United States will exceed USD 25 Billion is predicted to grow over 4% CAGR from 2018 to 2024. Increasing population on account of significant surge in the number of foreign immigrants will stimulate the municipal solid waste management market. According to the EPA from 1960-2016, the region population has surged by over 75% from which more than 40 million are foreign immigrants.

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Municipal solid waste management market in U.S. Growth will be driven by increasing domestic consumption pattern with rising purchasing power. As per Bureau of Labor Statistics average annual expenditures per consumer for 2017 was valued over USD 60,060 which is 4.8% increase from 2016 level. The remuneration graph of U.S. municipal solid waste management market has witnessed a phenomenal escalation in the past decade, owing to myriad economic & environmental advantages of effective waste management.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Hitachi
2. Waste Connections
3. Clean Harbors
4. Veolia
5. Covanta
6. Xcel Energy
7. Recology
8. SUEZ
9. Zosen Corporation
10. Wheelabrator Group
11. Sims Metal Management Limited

California municipal solid waste management market was valued over 41 million tons in 2017. Government favorable measures including CalRecycle to promote the various recycling activities will uplift the business landscape over the forecast timeframe. In 2017, with the constant regulatory support and surging adoption of new technologies, municipal solid waste management industry in the U.S. from recycling and composting held a valuation of USD 6 billion. The initiative to increase the conversion of trash into reusable products has helped the U.S. government better its economy by increasing the GDP. Reportedly, as per the estimates of the Environmental Resource and Education Foundation, solid waste industry has contributed a remarkable revenue and created a huge number of jobs that helped the U.S. strengthen its economic scenario.

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Municipal solid waste management market in U.S. will exceed USD 25 Billion is predicted to grow over 4% CAGR from 2018 to 2024. Increasing population on account of significant surge in the number of foreign immigrants will stimulate the municipal solid waste management market. According to the EPA from 1960-2016, the region population has surged by over 75% from which more than 40 million are foreign immigrants.

Landfilling in 2017 hold the prominent share of over 60% of the municipal solid waste management market. Over the coming years the practice is anticipated to witness a sluggish growth with the introduction of stringent anti-dumping laws by both federal and state regulators. Further speaking of the expanding governmental investment in waste management, the U.S. President Donald Trump, recently signed a legislation committing the country to expand its efforts to clean and manage around 8 million metric tons of litter such as plastic, paper, and electronic waste polluting the oceans.

Ongoing adoption of optimized trash treatment techniques along with increasing environmental concerns will accelerate the Municipal Solid Waste Management Market in United States. Increasing waste generation owing to large scale urbanization will further stimulate the industry growth. As of 2015, over 80% of the country’s total population was residing in the urban areas which was previously 75% in 1990.

Development of various community based organic recycling approaches to achieve a sustainable economic status will tend to drive the Midwest Municipal solid waste management market. The University of Minnesota is running U of M recycling drive under which annually more than 3,800 tons of recyclable materials has been processed which is over 40% of total MSW generated in campus.

Browse key industry insights spread across 470 pages with 706 market data tables & 28 figures & charts from the report, Municipal Solid Waste Management Market in United States in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/us-municipal-solid-waste-management-market

New York recycling and composting municipal solid waste management market in anticipated to exceed over USD 450 million by 2024. Government favorable norms to encourage sustainable trash management will complement the business outlook. The department of sanitation has availed comprehensive list for various recyclable materials and their detailed recycling information in their website along with their weekly pickup.

North east region on account of its high commercial bases and large urban population is anticipated to witness significant growth of over 6% by 2024. As of 2017, more than 85% of the region’s population were residing in the urban area which is accelerating the industry revenue substantially.

Key industry participants in U.S. municipal solid waste management market include Green Conversion Systems, JOHN WOOD GROUP P.L.C., Xcel Energy, Recology, Hitachi Zosen Corporation, Covanta, Wheelabrator Group, Veolia, Clean Harbors, Sims Metal Management Limited, EL Harvey & Sons, Inc., Waste Connections, SUEZ, The Hoskinson Group, and CP Group.

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