Press release
Waste Management Market Projected to Witness Vigorous Expansion by 2024 - 2031 | Biffa Plc, Clean Harbors, Inc., Covanta Holding Corporation
Waste Management Market
The global waste management market size was valued at US$ 2,008.70 billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
Market Dynamics:
Rapid urbanization is driving the growth of the waste management market. According to data, around 68% of the world population is expected to live in urban areas by 2050.With rising population migration from rural to urban areas, municipal solid waste generation is increasing dramatically. Another key driver is stringent government regulations regarding waste disposal. Many countries have implemented regulations like landfill bans which prohibit disposal of recyclable and compostable waste in landfills.This is promoting adoption of advanced waste treatment technologies.
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Waste Management Market Opportunity
Rise of circular economy based business models
The circular economy concept advocates reducing waste and making more reuse of resources. This shift provides opportunities for new business ventures focused on waste prevention,product lifecycle management,industrial symbiosis etc. Startups are exploring innovative solutions involving repair,refurbishment,remanufacturing which can turn waste into a valuable resource. Integrating such circular approaches can boost resource efficiency as well as generate commercial returns.
Waste Management Market Trends
Advancements in waste to energy technologies
New thermal and biological processes are being developed to derive energy from municipal solid waste,agricultural residue and other waste streams in a more efficient and less polluting manner. Technologies like plasma gasification,anaerobic digestion are gaining prominence. Such waste-to-energy infrastructure when coupled with district heating networks can provide a sustainable renewable alternative to offset fossil fuel usage while managing waste. This trend is expected to grow going forward.
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Top Companies Featured in This Report:
★ Biffa Plc
★ Clean Harbors Inc.
★ Covanta Holding Corporation
★ Daiseki Co.
★ Ltd
★ Hitachi Zosen Corporation
★ Remondis Se & Co. Kg
★ Republic Services Inc.
★ Suez
★ Veolia Environment
★ Waste Management Inc.
Market Segmentation:
By Product Type:
★ By Type: Municipal Waste, Industrial Waste, Hazardous Waste
★ By Service: Collection Service, Disposable Service
Key Regions/Countries Classified as Follows:
» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
The report offers insights on the following aspects:
Chapter 1: Study Coverage
Chapter 2: Executive Summary
Chapter 3: Analysis of Waste Management Market Competition Landscape by Players
Chapter 4: Assessment of Waste Management Market Size by Type and Application
Chapter 5: Global and Regional Analysis
Chapter 6: Company Profiles, recent developments, and investments
Chapter 7: Analysis of Market Opportunities, Challenges, Risks, and Influencing Factors
Chapter 8: Evaluation of Value Chain and Sales Channels, including breakthrough product developments
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology/Research Approach
The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.
In summary, whether you're engaged in manufacturing, distribution, or investment within the Waste Management sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.
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Author Bio:
Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)
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