Press release
Solid Waste Management Market Trends & Regional Forecast To 2024 By Top Players Biffa, Green Conversions, Xcel Energy, Recology, Hitachi Zosen, Covanta, Keppel Segher, Nexans, Cleanaway, Stericycle, Veolia, and C&G.
Speaking in terms of regional growth outlook, the European solid waste management market is set to grow at an exponential pace in the years ahead. The ever-increasing inclination toward adopting recycling technologies in the European nations such as UK and Germany, coupled with the introduction of comprehensive directives by government agencies to lower air pollution and land usage shall stimulate the growth potential of solid waste management market. As per reliable estimates, UK solid waste management industry size is predicted to surpass a total processing capacity of over 35 million tonnes by 2024, the reason being the previous record of the UK having recycled 64 % of its packaging waste in 2014.In fact, if experts' opinion is to be believed, the conference would provide a lucrative opportunity of amalgamating government departments, private institutions, municipalities, scientists & professionals, and research & education institutions in a single forum, where exchange of ideas regarding the recent developments in waste management techniques would undoubtedly proliferate the regional solid waste management market in the region. One of the fundamental rationales behind the accelerated growth of solid waste management industry is large-scale urbanization across developed economies that have led to humongous accumulation of municipal solid waste (MSW).
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Biffa Group
2. Green Conversion Systems
3. Recology
4. Hitachi Zosen Corporation
5. Covanta Holding Corporation
6. Keppel Seghers
7. Plasco Conversion Technologies
8. Wheelabrator Technologies
9. China Everbright International Ltd.
10. Cleanaway
Solid waste management market, over the last few years, has been witnessing a tremendous growth in terms of remuneration, owing to the fact that the developed and developing nations across the globe are increasingly framing stringent regulatory norms and guidelines to tackle the burgeoning environmental challenges pertaining to solid waste. Furthermore, various regulators and government agencies have been making concerted efforts to assist the leading and upcoming solid waste management market players, to ensure appropriate collection, segregation, transportation, storage, disposal, and recycling of rapidly increasing waste volumes across the world.
In addition, it is noteworthy to mention that the foremost firms partaking in solid waste management market including Biffa Group Ltd, Hitachi, Veolia, Amec Foster Wheeler, E.L. Harvey & Sons, Stericycle among others have been focusing on acquiring upcoming companies to fortify their presence in this industry. The UK-based waste management company, Biffa Group Ltd, for instance, has concluded five acquisitions in the previous financial year.
The firm has continued its acquisition spree further by buying out the waste management operations of O'Brien Waste Recycling Solutions Holdings Limited for an estimated 35 million Euros. Meanwhile, many more such mergers and acquisitions are anticipated to materialize in the ensuing years. Apparently, driven by such dynamic competitive portfolio, the global solid waste management market share is bound to traverse a profitable path in the upcoming years
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