openPR Logo
Press release

Europe Waste Recycling Services Market To Expand with Significant CAGR During 2020 - 2030

Europe Waste Recycling Services Market To Expand with

Europe Waste Recycling Services Market: Introduction

The waste recycling services market in Europe was valued at US$ 134.6 Bn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. Based on waste recycling type, the construction & demolition segment dominated the waste recycling services market in Europe in 2019. Construction & demolition waste is one of the heaviest and most voluminous waste streams generated in the region.  

Based on end user, the industrial segment constituted leading share of the waste recycling services market in Europe in 2019. Industrial waste consists of waste from various industrial sectors such as manufacturing, mining & quarrying, construction, and energy. These account for major share of the overall waste generation. Recycling potential is high in case of industrial waste; hence, the segment is anticipated to be a highly lucrative segment of the waste recycling services market in Europe during the forecast period.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.transparencymarketresearch.com/europe-waste-recycling-services-market.html

The waste recycling services market in Germany is projected to expand at a substantial pace during the forecast period, owing to enactment of stringent government regulations and ban on landfill of waste. The potential for waste recycling services market in the country is high owing to rising investments and growth in circular economy.

Key Drivers of Europe Waste Recycling Services Market

The rapid increase in waste generation is likely to drive the waste recycling services market in Europe during the forecast period. On an average, an individual in Europe discards around half a ton of household rubbish every year. Large amount of waste is generated from activities such as manufacturing, construction, energy production, etc. This boosts the demand for waste recycling services. Waste has a major impact on the environment, causing pollution and greenhouse gas emissions that contribute to climate change, as well as significant losses of materials. This creates issues for the region, as it is highly dependent on import of raw materials.

The amount of waste generation has been increasing in Europe due to the significant rise in usage of hi-tech products. This results in waste generation of complex mix of materials, including plastics, precious metals, and hazardous materials. This is expected to propel the waste recycling services market in Europe in the near future.

Rapid increase in waste generation is also estimated to boost the demand for waste recycling services in Europe. Furthermore, the region has imposed landfill bans on plastic waste in order to recover and recycle plastic wastes. Around 10 countries in the European Union banned the dumping of plastic waste in landfills in 2016. These countries recorded significant rise in the plastic recovery rate post the ban. Currently, using waste as a resource is key to becoming more resource efficient. The used plastic could be recycled into new products or chemical raw materials.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77980 

The zero plastic to landfill policy aims is to recover 100% of plastic waste. The quantity of plastic waste sent to landfills decreased by 44% between 2006 and 2018. Thus, ban on landfill of waste is estimated to drive the demand for waste recycling services in Europe during the forecast period.

Germany Offers Lucrative Opportunities to Waste Recycling Services Market

Germany is anticipated to be a highly attractive region of the waste recycling services market in Europe during the forecast period. The waste recycling services market in Germany is projected to expand at a significant pace between 2020 and 2030, as the country has well established waste management facilities. The Green Dot system has been one of the most successful recycling initiatives, which has helped reduce packaging waste on a large scale.

Major Developments in Europe Waste Recycling Services Market

In January 2018, Kuusakoski Recycling, a leading recycling services company in Northern Europe, announced that it had developed a method of recycling magnetic imaging devices that can be used to separate electrolytic copper and niobium-titanium conductors, which are thinner than human hairs. The company also announced its innovation would be particularly useful for the recycling market, as the use of magnetic imaging in healthcare has been rising, and hospitals have been increasingly replacing their old devices with newer, more powerful imaging devices. 

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 | 𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/checkout.php?rep_id=77980<ype=S 

Competition Landscape of Europe Waste Recycling Services Market

The waste recycling services market in Europe is highly fragmented. A few international and local players hold major share of the waste recycling services market in Europe. Key players operating in the waste recycling services market in Europe are Sims Metal Management Limited, Waste Management, Inc., SUEZ, Veolia, Sims Lifecycle Services, Inc., Ragn-Sells Group, REMONDIS SE & Co. KG, Kuusakoski, Fortum, Marius Pedersen a.s., Norsk Gjenvinning Norge AS, SCHOLZ RECYCLING GMBH, Paprec Group, Biffa, TRADEBE, H.J. Hansen Recycling Industry A/S, Recycling Lives, EUROKEY RECYCLING GROUP, and Waste Recycling Inc.

Europe Waste Recycling Services Market, by Waste Recycling Type

Waste Paper & Cardboard Recycling

Plastic Recycling

Metal Recycling

Electronics Waste Recycling

Wood Recycling

Clothing & Textile Recycling

Glass Recycling

Construction & Demolition

Others (including Mining and Rubber & Leather)

𝐂𝐥𝐢𝐜𝐤 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=77980 

Europe Waste Recycling Services Market, by End User

Municipal

Industrial

Others (including Agriculture and Forest)

Trending Reports:

Plating on Plastics Market: https://www.accesswire.com/712310/Plating-on-Plastics-Market-to-Gain-Valuation-of-US-13-Bn-by-2030-Notes-TMR-Report

Biostimulants Market: https://www.prnewswire.com/news-releases/biostimulants-market-to-reach-us-6-6-bn-by-2031--tmr-study-301608199.html

Global Animal Feed Additives Market: https://www.accesswire.com/712623/Animal-Feed-Additives-Market-Size-to-be-worth-US-6623-Bn-by-2031-TMR-Study

Wind Power Market: https://www.accesswire.com/713008/Wind-Power-Market-to-be-Worth-US-15-Trn-by-2031-TMR-Study

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
𝐍𝐢𝐤𝐡𝐢𝐥 𝐒𝐚𝐰𝐥𝐚𝐧𝐢

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe Waste Recycling Services Market To Expand with Significant CAGR During 2020 - 2030 here

News-ID: 2841999 • Views: 247

More Releases from Transparency Market Research

Agricultural Biotechnology Market Industry Status and Outlook by 2031
The global Agricultural Biotechnology market is estimated to attain a valuation of US$ 64.7 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 9.5% during the forecast period, 2022-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of
Ceramic Inks Market SWOT Analysis With Innovative Growth
The global Ceramic Inks market is estimated to attain a valuation of US$ 4.4 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6% during the forecast period, 2022-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of
Technology Trends Lubricants Market Report Forecast 2031 | Size, Share & Demand
The global Technology Trends Lubricants market is estimated to attain a valuation of 53278.15 Kilo Tons by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 1.72% during the forecast period, 2021-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders
Fly Ash Market Demand, Research Insights by 2031
The global Fly Ash market is estimated to attain a valuation of US$ 13.8 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.1% during the forecast period, 2021-2031. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of

All 5 Releases


More Releases for Europe

Strategy Consulting Market 2025 | Analysis By Top Key Players: Booz & Co. , Rola …
Global Strategy Consulting Market 2019-2025, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The key players covered in this study McKinsey , The Boston Consulting Group , Bain & Company , Booz & Co. , Roland Berger Europe
Influenza Vaccination Market Global Forecast 2018-25 Estimated with Top Key Play …
UpMarketResearch published an exclusive report on “Influenza Vaccination market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Influenza Vaccination market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This
Global Strategy Consulting Market Research Report 2018-2025 | Global Key Player …
An up-to-date research report has been disclosed by Market Research Hub highlighting the title “Global Strategy Consulting Market Size, Status and Forecast 2018-2025” which provides an outlook for current market value as well as the expected growth of Strategy Consulting during 2018-2025. The report studies the casing heads market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export
Strategy Consulting Market Deep Insights with Core Business Strategies 2018 - Ro …
Strategy Consulting Market report provides a vital recent industry data which covers in general market situation along with future scenario for industry around the Globe. It also consist of major data along with forecasts of a global market along with clear presentation of diagrams (charts and tables). Global strategy consulting market size status and forecast 2025 has a vast collection of market research reports concerning the software industry, its sub-sectors, and
Wearable Heart Monitoring Devices Market 2018 To 2023 – Top Leaders Beurer Gmb …
The Worldwide Wearable Heart Monitoring Devices Market is growing at a healthy rate. The major players in this market are Medtronic (U.S.), Kinetec Products UK Ltd. (South America), Beurer GmbH (Europe), Medisana AG (Europe), Briggs Healthcare (U.S.), Polar Electro (Europe), SUUNTO (Europe), Koninklijke Philips N.V. (Europe), Garmin Ltd. (Europe) and others. The Wolrdwide Wearable Heart Monitoring devices is segmented on the basis of products, type, application, and end users. On
Surgical Equipment Market 2018 Leading Manufacturer in Europe, the Middle East & …
The Europe, the Middle East & Africa Surgical Equipment Market is expected to grow at an approximate CAGR of 6.7% during the forecast period. A surgical equipment is a designed tool or device to carry out various surgical procedures so as to modifying biological tissues and to provide access for viewing them. The surgical equipment can be designed specifically for a particular surgery or it can be used as general purpose