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Solid Waste Management Market: Segmentation, Industry trends and Developments to 2026 | Xcel Energy, Covanta, Veolia, Clean Harbors, Waste Connections, SUEZ

03-06-2020 08:49 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Solid Waste Management Market

Solid Waste Management Market

Solid waste management market outlook will be driven by rapid increase in urbanization has burdened the present treatment facilities for municipal wastes. As per the 2019 reports by the World Bank, more than half of the world population resides in cities and will witness a two-fold increase by 2050.

Flourishing economy and a large scale of migration of people from the rural areas will help bolster the industry dynamics owing to a surge in the rates of the non-hazardous waste generation. The steadily escalating e-commerce industry has boosted the production of consumables that are related to cardboards.

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

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/265

Rapid growth in urban population has sizably increased the generation of solid waste. Existing waste treatment facilities are being overburdened, which will positively impact municipal solid waste management market demand. For example, as per the World Bank, in 2019, more than 50% of the global population was recorded to reside in urban areas and the figure is expected to double by the year 2050. A huge number of people migrating from rural to urban areas and amplifying economic prosperity have heightened the rate of non-hazardous waste generation, which, in turn, will propel municipal solid waste management industry growth.

The packaging industry is experiencing imminent growth from past few years due to which paper waste production is soaring considerably. It has been predicted that solid waste management market from paper & paperboard segment will accumulate massive revenues in the ensuing years. Waste generation from cardboard related consumables is also growing owing to the commendable expansion of e-commerce industry. Tier-2 & tier-3 cities are producing enormous amounts of paper waste, including magazines, books, and newspapers.

Surging illegal dumping of solid waste has resulted in introduction of stringent regulations to control improper solid waste disposal. Additionally, growing emphasis on resource recovery & recycling techniques has developed promising business prospects in solid waste management industry. For example, the U.S. Environmental Protection Agency (EPA) established the Resource Conservation and Recovery Act (RCRA) to abate open waste dumping and proper disposal & handling of hazardous and non-hazardous wastes. Initiatives undertaken by governments to introduce sustainable mechanisms throughout the waste disposal & treatment ecosystems are anticipated to stimulate solid waste management market demand.

Latin America solid waste management market will be experiencing a significant increase with the steady growth in the urban population in the region. According to the 2018 reports by the UN-Habitat, the cities in Latin America will be composed of about 90% of the population of the region by the year 2050. Regional authorities will be making certain changes and shall restructure the regulatory framework to strengthen management practices, fueling the industry trends over the forecast timeframe.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/265

Soaring investments towards the establishment of effective waste treatment infrastructure & facilities and rising demand for sustainable solid waste management technologies have encouraged industry players to develop novel waste management solutions. Companies are disbursing heavy amounts in R&D activities to gain competitive advantage over the market. Some of the eminent solid waste management market players are Waste Management, Inc., Waste Connections, and Biffa Group amongst others.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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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