Prominent Reasons behind the exponential growth of the GCC Waste Management Market | Top Industry Players are Veolia, Averda, Envac AB, BLUE LLC, Enviroserve, SEPCOSAUDI, Saudi Investment Recycling Company (SIRC)

According to MarkNtel Advisors' research report, “GCC Waste Management Market Analysis, 2021,” the market shall grow at a CAGR of 6.25% in the forecast period of 2021-26. It owes to the rising population & urbanization with a substantial improvement in the living standards. It is likely to lead to an increase in waste generation, requiring effective practices to combat the waste in an eco-friendly way. The trendiest initiative in the GCC region is the conversion of waste into energy in almost all GCC countries, where the UAE specializes in setting up recycling centers & solid waste conversion plants. The UAE Ministry of Climate Change & Environment issued regulations to transit & export hazardous waste across the border. All these initiatives & practices are likely to fuel the GCC Waste Management Market growth in the forecast years.

Get the sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/gcc-waste-management-market.html

Key Questions Answered in the Study
1. What are the current and future trends in GCC Waste Management Market?
2. How has the market been evolving in terms of end-user demand and application areas?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the GCC Waste Management Market?
5. What are the customer orientation, purchase behavior, and expectations from the GCC Waste Management Market service provider across various countries?

E-Waste to attain the Fastest Market Growth
Based on Waste Type, the GCC Waste Management Market bifurcates into Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste, Other Waste Types. Here, E-waste is more likely to witness robust growth in the forecast period of 2021-26. It owes to multiple factors like the increasing need to effectively treat waste because of its minimal or zero legislation with slight differences within the counties. Kuwait is the largest per-capita producer of E-waste. On the other hand, Bahrain operates only one landfill for the entire country to combat the rise of waste.

For more details: https://www.marknteladvisors.com/research-library/gcc-waste-management-market.html

Although numerous recycling initiatives aim to separate metals, plastics, and paper yet, there are no comprehensive laws made for e-waste management in the region. Therefore, it calls for an urgent need to introduce regulations and remedies for e-waste management, creating numerous opportunities for private & non-profit organizations to work on e-waste recycling. Hence, based on these aspects, the segment shall witness the fastest growth rate in the forecast years.

“GCC Waste Management Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Agriculture Analytics providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Plastic Waste to Witness the Largest Market Share
Based on Material, the GCC Waste Management Market segments into Paper & Paperboard, Plastic, Metal, Glass, Food, and Others. Of them all, Plastic waste is more likely to attain the largest share in the forecast period of 2021-26. It owes to the increasing number of recycling plants & incinerators that shall enable effective and efficient waste management, contributing to the rise in waste disposals. Besides, the packaging sector of the segment is further contributing toward the need for plastic waste management. Several benefits of recycled plastics like the reduction of pollution & lesser dependence on fossil fuels, along with their extensive application in sustainable packaging solutions, such as containers, bags, bottles, films, and other protective packaging products is driving the demand of the segment, and leading it toward attaining the largest share in the forecast years, states MarkNtel Advisors in their research report, “GCC Waste Management Market Analysis, 2021.”

According to MarkNtel Advisors, the leading players in the GCC Waste Management Market are Averda, EnviroServe, Suez Middle East Recycling LLC, Green Mountains, Veolia, Blue LLC, Envac, SEPCO Environment, Saudi Investment Recycling Company, Dulsco Waste Management Services, Bee'ah, Power Waste Management & Transport LLC, Al Haya Enviro, Bin-Ovation, United Waste Management Company, Kuwait Waste Collection & Recycling Company.

Market Segmentation:
1. By Waste Type (Industrial Waste, Municipal Solid Waste, Hazardous Waste, E-Waste, Other Waste Types)
2. By Disposal Method (Landfill, Incineration, Recycling)
3. By Service (Collection Service, Collection & transportation, Storage & Handling, Sorting, Disposable Service, Landfills, Recycling, Compositing & anaerobic digestion)
4. By Materials (Paper & Paperboard, Plastic, Metal, Glass, Food, Others)
5. By Country (UAE, Saudi Arabia, Bahrain, Kuwait, Oman, and Qatar)
6. By Competitors (Averda, EnviroServe, Suez Middle East Recycling LLC, Green Mountains, Veolia, Blue LLC, Envac, SEPCO Environment, Saudi Investment Recycling Company, Dulsco Waste Management Services, Bee'ah, Power Waste Management & Transport LLC, Al Haya Enviro, Bin-Ovation, United Waste Management Company, Kuwait Waste Collection & Recycling Company)

MarkNtel Advisors
1147 88AVE, Delta, British Columbia, BC,V4C,3B8, CANADA
Email: sales@marknteladvisors.com
Tel: +1613-707-5086
Website: https://www.marknteladvisors.com

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.