Solid Waste Management Market Business Opportunities, Survey, Growth Analysis And Industry Outlook
The Global Solid Waste Management Market will
be worth USD 1,193.88 Billion by 2027, according to a current analysis by
Emergen Research. The growth of this market can be attributed to the strict
government regulations regarding solid waste disposal. The increasing
population growth and the rising amount of waste generated every year are
expected to drive the growth of solid waste management solutions. Favorable
regulatory policies regarding the proper solid waste disposal, such as carbon
tax or direct subsidies, or landfill taxes, is most likely to fuel the demand
for solid waste management solutions.
Strict government regulations regarding
solid waste disposal and increasing industrialization in the emerging
economies are driving the demand of the market.
The growing initiatives of the
government to reduce the contamination of water bodies and carbon emissions are
most likely to propel the growth of the market over the forecast period.
Utilization of the municipal solid waste (MSW) as fuel to generate renewable
energy sources through thermal and biological techniques is projected to drive
growth opportunities for the future. The increasing preference of the developed
countries towards Zero waste generation and waste recycling will surely boost
the demand for solid waste management and recycling solutions.
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Key Highlights From The Report
- In March 2019, Nestle and Veolia entered into a partnership
regarding the development of a recycling program. The association is a
part of a series of specific initiatives and steps introduced by Nestle to
fight plastic pollution.
- The Industrial Solid Waste segment held the largest market share of
57.6% in 2019. Rapid industrialization in the emerging economies and
rising adoption of renewable sources of energy among the industrial
sectors are expected to drive the growth of solid waste management
solutions among the industrial sectors.
- Processing is forecasted to grow with the fastest CAGR of 3.0% over
the forecast period. The scarcity of landfill sites in the populated
cities has resulted in the increasing need for solid waste recycling and
boosted the segment's growth.
- The Plastics segment held the largest market share of Solid Waste
Management in 2019 due to the increasing amount of plastic waste generated
every year from the packaging sector.
- The Asia Pacific region is expected to be the fastest-growing
region over the forecast period as the government is continuously
implementing strict regulations regarding emission control to reduce the
emission of greenhouse gases in the environment.
- Key participants include Covanta Holding Corporation, Hitachi Zosen
Corporation, Clean Harbors, Inc, Recology, Cleanaway, Wheelabrator
Technologies, Waste Management, Inc., Veolia Environment SA (Veolia),
SUEZ, and Advanced Disposal Services, among others.
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Emergen Research has segmented the
global Solid Waste Management Market on the basis of Waste, Treatment,
Material, and region:
- Waste Outlook (Revenue, USD Billion; 2017-2027)
- Industrial Solid Waste
- Municipal Solid Waste
- Treatment Outlook (Revenue, USD Billion; 2017-2027)
- Collection
- Processing (Recycling, and Anaerobic Digestion)
- Disposal (Landfill & Open Dump and Incineration)
- Material Outlook (Revenue, USD Billion; 2017-2027)
- Plastics
- Metals
- Paper & Paperboard
- Glass
- Food
- Others
Regional Outlook: (Revenue, USD
Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France)
(BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South
Korea) (Rest of APAC)
Latin America (Brazil)
(Rest of LATAM)
Regional segmentation comprises of a
current and forecast estimation of the market in the key geographical regions
such as North America, Europe, Asia Pacific, Latin America, and Middle East
& Africa.
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Table of Content:
1 Scope of
the Report
1.1 Market
Introduction
1.2 Research
Objectives
1.3 Years
Considered
1.4 Market
Research Methodology
1.5 Economic
Indicators
1.6 Currency
Considered
2 Executive
Summary
3 Global Solid
Waste Management by Players
4 Solid Waste
Management by Regions
4.1 Solid
Waste Management Market Size by Regions
4.2 Americas Solid
Waste Management Market Size Growth
4.3 APAC Solid
Waste Management Market Size Growth
4.4 Europe Solid
Waste Management Market Size Growth
4.5 Middle
East & Africa Solid Waste Management Market Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East
& Africa
9 Market
Drivers, Challenges and Trends
9.1 Market
Drivers and Impact
9.1.1 Growing
Demand from Key Regions
9.1.2 Growing
Demand from Key Applications and Potential Industries
9.2 Market
Challenges and Impact
9.3 Market
Trends
10 Global Solid
Waste Management Market Forecast
11 Key
Players Analysis
12 Research
Findings and Conclusion
Look Over transcripts provided by
Emergen Research
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Management Market Report:
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Finally, all aspects of the Solid Waste Management market are
quantitatively as well qualitatively assessed to study the global as well as
regional market comparatively. This market study presents critical information
and factual data about the market providing an overall statistical study of
this market on the basis of market drivers, limitations and its future
prospects.
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