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Solid Waste Management Market Analysis by Top Players - Xcel Energy, Covanta, Veolia, Clean Harbors, Waste Connections, SUEZ

solid waste management market

solid waste management market

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 industry. 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.

Considering the rapidly increasing waste volumes across emerging nations, it is indisputable that solid waste management market is certain to observe tremendous expansion in terms of revenue over the coming years. Elaborating further, the Naxos 2018 conference that is scheduled to be held between 13- 16th June 2018, is reported to address the critical issues related to sustainable solid waste management, emphasizing on the safe practices and modern solid waste technologies.

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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
11. Clean Harbors
12. Sims Metal Management
13. Stericycle
14. Waste Management
15. Veolia Environnement SA (Veolia)

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).

With macro-economic development, the requirement of efficient solid waste management has, of late, become much more crucial, driven by the increased consumption of resources, especially plastics across emerging nation. In light of this scenario, it is undeniable that solid waste management market demand would surely boost over the coming years. Say, for instance, statistics depict, in Philippine, amount of plastic waste produced annually is almost 2.7 million metric tons, with Manila alone accounting for nearly 600,000 metric tons of hazardous plastic.

If there is one iota of detail that is obscurely known regarding solid waste management market, it is the fact that the business space is highly regulatory driven. Perhaps, marred by the fact that despite significant efforts being already taken, a major chunk of the municipalities in emerging nations still fail to manage the increasing volume of waste that is produced in their cities. Nonetheless, what remains to be taken into consideration is that solid waste management industry is remnant of a stringent regulatory framework. Speaking along the similar lines, the RCRA (The Resource Conservation and Recovery Act) enforced by U.S. EPA is one such regulatory implementation that has left a pronounced impact on the overall solid waste management industry dynamics.

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