Press release
Hazardous Waste Materials Market Is Expected To Reach US$ 37.2 Bn By 2021: Credence Research
Credence Research Logo
Browse the full Hazardous Waste Materials Market by Types of Wastes, Service types, Treatment Types and Treatment Sites - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/hazardous-waste-materials-market
Market Insights
Hazardous waste management is known as the process of collection, treatment and disposal of waste materials generated by various end-user industries and manufacturing units. Improper handling of hazardous waste can lead to health hazards and fatal injuries. Hence, proper waste management techniques are adopted worldwide. Hazardous waste can be in the form of solid, liquids or gases. Hazardous wastes are classified based on its biological, physical and chemical properties. These materials differentiate between the materials for being either, ignitable, toxic, corrosive, radioactive or infectious.
Rapid industrialization in both the developing and developed economies has led to increase in the waste generation. The waste from various industries such as pharmaceutical, healthcare can be toxic to humans and animals. This has led to demand for hazardous waste material management worldwide. Therefore, hazardous waste materials market is segmented on the basis of service types which include collection, transportation and storage, treatment and disposal, recycling and other services. Among these, treatment and disposal dominated the global hazardous waste materials market. Treatment and disposal technology offers benefits such as reduction of volume at required areas, detoxification, and separation of components and recovery of material. These waste materials are disposed and stored in the form of detonation, land burial and engineered storage. Other services are also anticipated to experience steady demand in the near future.
Competitive Insights:
Hazardous waste materials market is segmented based on types of waste into industrial & manufacturing waste materials; Infectious & pathological waste materials; Sharps; Pharmaceutical and Others. Industrial and manufacturing waste accounted for larger share of global hazardous waste material market. Infectious and pathological waste accounted for second largest market and is expected to rise in the near future due to rising health concerns and increasing healthcare infrastructures. Other waste types are also expected to experience growth in during the forecast period. On the basis of treatment types, hazardous waste materials market is further bifurcated into incineration, autoclaving and chemical treatment. Incineration dominated the global market of hazardous waste materials in 2016. Incineration is a type of thermal treatment which is used for waste treatment processes. This process leads to combustion of organic substance present in the waste material. Chemical treatment is another factor contributing to the growth of global hazardous waste materials market. Other types are also projected to boost market demand for hazardous waste materials market during the forecast period from 2016 to 2022.
Key Trends:
Avoid health problems
Effective waste management
Proper disposal of waste material
Technological advancement
About Credence Research:
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.
For More Information, Visit: http://www.credenceresearch.com/
Media Contact
Company Name: Credence Research
Contact Person: Chris Smith,
Designation: Global Sales Manager
Phone: 1-800-361-8290 FREE
Address: 105 N 1st ST #429, SAN JOSE,
CA 95103
E-mail: sales@credenceresearch.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 Hazardous Waste Materials Market Is Expected To Reach US$ 37.2 Bn By 2021: Credence Research here
News-ID: 339409 • Views: …
More Releases from credence research
Lipase Testing Reagents Market Projected to Hit USD 2049.8 Million by 2032, Expa …
Market Outlook
The Lipase Testing Reagents Market is experiencing robust growth, driven by increasing demand for reliable pancreatic function assessment across hospitals, diagnostic laboratories, and point-of-care settings. Rising screening rates for acute pancreatitis and metabolic disorders continue to support wider reagent adoption globally. Additionally, advancements in clinical chemistry analyzers are boosting the use of high-precision, stable lipase reagents in routine diagnostic workflows. The market was valued at USD 1,202 million in…
Content Analytics Market Projected to Hit USD 35,833.20 Million by 2032, Expandi …
Market Outlook
The content analytics market is experiencing robust expansion as enterprises increasingly depend on data-driven insights to improve customer engagement, optimize operations, and accelerate decision-making. Global demand continues to rise with the growing adoption of AI-powered text, speech, and video analytics across industries. In 2024, the market reached USD 9,274.38 million and is projected to grow to USD 35,833.20 million by 2032, reflecting a strong CAGR of 18.48% throughout the…
Crawler Excavator Market Projected to Hit USD 64,819.48 Million by 2032, Expandi …
Market Outlook
The global Crawler Excavator Market reached USD 51,605.17 million in 2024 and is expected to hit USD 64,819.48 million by 2032, growing at a CAGR of 2.92%. Growth comes from steady infrastructure spending, rapid city redevelopment, and rising mining and quarrying activity. Many governments continue to fund road, rail, and utility upgrades, which increases the need for high-capacity earthmoving machines. Crawler excavators stay popular because they offer strong stability,…
Digital Mining Market Projected to Hit USD 16,471.08 Million by 2032, Expanding …
Market Outlook
The Digital Mining Market, valued at USD 8,229.51 million in 2024, is set for substantial growth as mining companies increasingly adopt automation, data-driven operations, and connected equipment. Key technologies, including AI-enabled analytics, autonomous haulage systems, IoT-based fleet monitoring, and advanced geological modeling, are enhancing productivity, minimizing downtime, and improving worker safety. Mining enterprises are also leveraging digital twins, cloud-based planning tools, and predictive maintenance systems to optimize extraction and…
More Releases for Hazardous
Hazardous Goods Logistics Market Demand Analysis and Projected huge Growth by 20 …
The latest study released on the Global Hazardous Goods Logistics Market by HTF MI evaluates market size, trend, and forecast to 2030. The Hazardous Goods Logistics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
Hazardous Location Connector Market Ensuring Connectivity in Hazardous Environme …
The global report titled "Hazardous Location Connector Market" is recently added by Infinity Business Insights Market to its vast database. The report offers a fundamental overview of the global Hazardous Location Connector market by examining the current market scenario. It also offers an outline of the competitive scenario in the Hazardous Location Connector sector. The analytical report applies primary and secondary research methodologies. Additionally, the report also offers significant business…
Hazardous Goods Logistics Market : Flammable, Explosive, Radioactive, Bio-hazard …
The hazardous goods logistics market was valued at $200 billion in 2021, and is estimated to reach $382.9 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.
In 2021, Asia-Pacific region is dominating the market in terms of revenue, followed by North America, Europe, and LAMEA. U.S. and China dominated the hazardous goods logistics market during the forecast period. Increased adoption of outsourced logistics services in the…
Labeling hazardous goods
When it comes to hazardous substances, the Globally Harmonized System (GHS) provides guidelines on, for example, label sizes. Warning symbols are black pictograms on a white background, framed by a red rhombus.
FDA, EEC, CLP, ADR, RID, DGR, RoHS, GbV ‒ such abbreviations sound like from a famous track by the German hip-hop band Die Fantastischen Vier, dated 1999. In fact, they indicate instructions in force, directed in particular to…
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in …
The global hazardous area sensors market is characterized by the presence of a few large and experienced players such as Honeywell International Inc., ABB Group, and Siemens AG, which presents a huge barrier to new entrants. These established players already have a stronghold on the global market, with stiff competition between them. Transparency Market Research identifies security threats as the major challenge for all existing players and finds that companies…
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in …
Hazardous Area Sensors Market: Snapshot
The deployment of electrical equipment in potentially hazardous or explosive areas has been a major concern since the beginning of the 20th century. Supported by the need to achieve accuracy and safety in volatile zones and the implementation of government regulations globally, the market for hazardous area sensors has received a significant boost over the years. Fueled by the growing importance of intrinsic safety in many…
