Press release
Global Waste Recycling Services Market is predicted to be worth 412500 million USD by 2024
ResearchMoz include new market research report "Global Waste Recycling Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024" to its huge collection of research reports.This report studies the Waste Recycling Services market. Recycling is the process of converting waste materials into new materials and objects. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions (compared to plastic production, for example). Recycling can prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, thereby reducing: energy usage, air pollution (from incineration), and water pollution (from landfilling). Recycling is a key component of modern waste reduction and is the third component of the "Reduce, Reuse, and Recycle" waste hierarchy. Thus, recycling aims at environmental sustainability by substituting raw material inputs into and redirecting waste outputs out of the economic system.
The global Waste Recycling Services market is valued at 372400 million USD in 2018 and is expected to reach 412500 million USD by the end of 2024, growing at a CAGR of 1.7% between 2019 and 2024.
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Recyclable materials include many kinds of glass, paper, and cardboard, metal, plastic, tires, textiles, and electronics. The composting or other reuse of biodegradable wastesuch as food or garden wasteis also considered recycling. Materials to be recycled are either brought to a collection center or picked up from the curbside, then sorted, cleaned, and reprocessed into new materials destined for manufacturing.
Scope of the Report:
Global giant manufactures mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Players such Waste Management and Republic Services have relative higher level of products quality. As to France, Veolia Environment has become as a global leader.
Many companies have several plants, usually locate in the place close to aimed consumption region. There are international companies set up factories in China either. Some companies usually take a joint venture enter into aim market.
The key sales markets locate at developed countries. The United States takes the market share of 33.16%, followed by Europe with 24.01%. Chinas consumption market has a quicker growing speed of CAGR 4.93% from 2012 to 2017.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Waste Recycling Services.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Waste Recycling Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Waste Recycling Services market by product type and applications/end industries.
Market Segment by Companies, this report covers
Veolia Environment
Suez Environment
Waste Management
Republic Services
Stericycle
Clean Harbors
Waste Connections
ADS Waste Holdings
Casella Waste Systems
Covanta Holding
Remondis
Parc
Kayama
Shirai
China Recyling Development
New COOP Tianbao etc
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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Compost & Food Waste
Glass & Fiberglass
Waste Paper
Waste Disposal & Collection
Used Commercial Goods
Iron and Steal
Battery Recyling
Liquids Oils & Chemicals
Multi-Material Collection
Others
Market Segment by Applications, can be divided into
Municipal
Agricultural
Construction
Industrial
Others
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