05-15-2019 12:26 PM CET - Energy & Environment
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U.S. Municipal Solid Waste Management Market to Have a Promising Future Ahead! | Top Key Players are Wheelabrator Group, Recology, Hitachi Zosen Corporation, Xcel Energy, Covanta, Veolia

Press release from: Global Market Insights, Inc.
U.S. Municipal Solid Waste Management Market
U.S. Municipal Solid Waste Management Market


U.S. Municipal Solid Waste Management Market will grow on account of rising environmental concerns along with ongoing development of effective waste treatment technologies. In addition, upsurge in domestic waste generation on account of rapid urbanization will positively enhance the business outlook. In 2015, more than 80% of the country’s population was inhabited in urban cities as compared to 75% in 1990.

U.S. Municipal Solid Waste Management Market demand will be driven by rapid progress of the packaging industry coupled with rising application of recycled paper and paperboard over 2018-2024. In addition to expanding recycling & composting services in the U.S. MSW management market, it is noteworthy to mention that the paper and paperboard trash accounted for a considerable 26% market share in 2017.

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Growing consumption across residential establishments on account of increasing purchasing power will fuel the U.S. municipal solid waste management market size. In 2017, the average annual expenditure per consumer stated by the Bureau of Labor Statistics was approximately worth USD 60,060 which witnessed an increase of 4.8% in comparison of 2016.

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

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

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. The burgeoning challenges of solid waste due to tremendous surge in the population in the United States have further compelled the industry players to bring forth innovative, sustainable, and cost-effective approaches of MSW across the country. It has been reported that in general, the waste generation is higher during the strong economic growth of the country and therefore effective solid waste management network forms a significant factor driving the GDP.

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Recently for instance, Atlanta regulation agencies has deployed smart phones with waste management application in over 89 sanitation trucks & other vehicles as part of a MSW management pilot program. The use of the application to track truck routes lead them to evenly distribute and take efficient routes to the appropriate landfills and recycling facilities. With further governmental norms encouraging sustainable trash management, New York recycling & composting municipal solid waste management market is another lucrative region garnering hefty proceeds. Estimates claim the U.S. municipal solid waste management market from New York to exceed a valuation over USD 450 million by 2024, owing to the influence of region’s rising population base residing in the urban areas and flourishing tourism industry leading to growing investment in waste management infrastructure.

The recurring efforts of municipalities to enhance public health and environment has been propelling U.S. municipal solid waste management market. share over the last few years. Statistically, nearly five years before, Americans had generated approximately 250 million tons of trash out of which more than 30% of municipal waste had been recycled. The remaining solid waste however has been leading to an increase in the landfills that have raised concerns among the administrative and regulatory bodies. In line with the growing awareness about the rise in municipal solid waste, the organizations involved in environment protection have been encouraging the practices of waste disposal such as waste prevention, composting, and recycling. In this regard, most of the solid waste management companies have been investing in the development of new waste treatment technologies, that has proved to be a pivotal driving force for municipal solid waste management industry in the U.S.

The exponentially increasing municipal solid wastes from residential, commercial, and industrial locations across U.S. has promoted the government to implement various waste management strategies. in fact, the U.S. government has deployed numerous resource conservation policies, sanitary landfill projects, and waste-to-energy projects. In addition, the government has also initiated several public health awareness programs to increase the involvement of citizens in MSW management operations including resource recovery, refuse collection, street sweeping, and transportation. The vigorous efforts put by the government as well as citizens have stimulated U.S. municipal solid waste management market that have generated lucrative opportunities for the leading market players.

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

www.gminsights.com/industry-analysis/us-municipal-solid-w...

In addition to expanding recycling & composting services in the U.S. municipal solid waste management market, it is noteworthy to mention that the paper and paperboard trash accounted for a considerable 26% market share in 2017. Rapid progress of the packaging industry coupled with rising application of recycled paper and paperboard are expected to drive demand.

These above-mentioned trends significantly shed light on the progressive outlook of the U.S. municipal solid waste management market in the recent years. However, it wouldn’t be wrong to say that China’s ban on import waste has rocked the global solid waste management and recycling industry to gear up for managing their own waste and recycling efforts. It remains to be seen that how the U.S. municipal solid waste management industry will cope with the sudden change in policies as these new accumulating waste loads incur increasingly high rates in managing and recycling waste. Nonetheless, experts believe that as the export market for waste product dries up, the U.S. municipal solid waste management industry will be seen desperately recovering, recycling, and reducing the waste, while surpassing the overall remuneration portfolio of over USD 25 billion market by 2024.

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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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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