Is the Waste Management Industry Ready for Circular Economy Practices?

Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, and Segment Forecasts, 2023 - 2030

The global Waste Management Industry was estimated at USD 1.24 trillion in 2021 and is expanding at a significant CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc.

Grand View Research’s waste management industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.

Access the Global Waste Management Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

Liquid Waste Management Market Growth & Trends

The global liquid waste management market size is anticipated to reach USD 114.87 billion by 2030, according to a new report by Grand View Research, Inc. The growing utilization of water per household globally is expected to drive liquid waste generation in the residential and commercial sectors. Factors, such as stringent regulations coupled with ongoing investments in various industries, such as oil & gas, petrochemical, and chemical, are expected to drive the demand for wastewater secondary treatment equipment, which is expected to further drive the demand for liquid waste management. For instance, The Bipartisan Infrastructure Legislation (BIL) offers support to local economies and makes the most of federal infrastructure initiatives already in place to meet the demand for wastewater infrastructure in disadvantaged areas of the country.

For instance, the BIL offers USD 11.7 billion through the Clean Water State Revolving Fund (CWSRF), with 49% of funds accessible as grants as of March 2022. These aforementioned initiatives will further drive the market expansion in the coming years.The discharge of untreated wastewater and other liquid waste from homes, municipal facilities, and industries into water bodies causes water pollution, thereby, threatening the environment as well as human and animal life. The collection and treatment of sewage and wastewater are very critical for public health as well as clean water. Thus, the U.S. government has introduced stringent regulations and standards for wastewater treatment for both municipal and industrial sectors, which is expected to drive the market over the forecast period.

For instance, The Clean Water Act is a vital federal government act that establishes a regulatory structure for pollutant discharges into water bodies and regulates the quality standards for surface waters. In addition, the U.S. Environmental Protection Agency has implemented pollution control programs under the Clean Water Act.Industrial & residential waste or sewage is often associated with health concerns since improper disposal of waste leads to pollution, environmental toxicity & degradation, and soil contamination among other nuisances. Strong odor, unsightliness, and other hazards associated with waste, such as breeding grounds for insects and pests, have also made it crucial to develop appropriate processing and treatment facilities for waste.

Order your copy of the Free Sample of “Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Food Waste Management Market Growth & Trends

The global food waste management market size is anticipated to reach USD 106.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.4% from 2023 to 2030. Rising concerns over food waste globally, and increasing consumer preference for exotic food items, are expected to drive the market growth during the forecast period.

The consumption of ready-to-eat and packaged foods is also predicted to increase as a result of changing lifestyles and an increase in the number of dual-earner families. Growing consumer demand for unusual food items like premium coffee, tropical fruits, and imported goods is anticipated to increase the amount of food that is wasted, which in turn is likely to drive market expansion.

The food industry is undergoing tremendous change such as plastic ban, the rise of veganism, stringent regulatory framework, the presence of e-commerce, the adoption of modern technologies, and waste reduction, and is seeing an increase in international trading of food and food ingredients, which is creating new supply chains, thereby augmenting the market demand.

Increasing per capita income is expected to boost the demand for packaged and ready-to-eat food across the globe, thereby boosting food waste generation. High disposable income of consumers and recovering confidence in the economy are projected to boost the consumption of food and beverages, which in turn, is likely to aid the market growth.

Go through the table of content of Waste Management Industry Data Book to get a better understanding of the Coverage & Scope of the study

Competitive Landscape

Key players operating in the Waste Management industry are:

• Clean Harbors
• Covanta Holding
• Daiseki
• Hitachi Zosen
• Remondis Se & Co. Kg

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
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Rising Environmental Awareness drives Waste Management Industry Revenue by 2030

Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s waste management industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.

Access the Global Waste Management Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Liquid Waste Management Market Report Highlights

The global Liquid Waste Management Market size was valued at USD 90.30 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% by 2030.

• The automotive segment is expected to grow at the fastest CAGR during the forecast period. According to the U.S. EPA, the automotive sector is responsible for generating about 75 billion ounces of paint sludge per year, which is mostly dumped into landfills. OEMs and automotive aftermarkets in the U.S. generate large amounts of liquid wastewater and other similar waste, including engine & motor oils, transmission & brake fluids, antifreeze & coolant, solvents, and others, thereby driving the market demand
• Rising social awareness related to the limited availability of natural resources, increasing sustainability, and conservation measures coupled with regulations aiding enhanced waste management techniques are expected to nurture new technologies in the industry. Iron & steel makers are also being compelled to comply with reuse & recycle ideologies, which, in turn, are expected to boost enhanced wastewater and liquid waste recovery practices
• The residential segment accounted for a dominant share of the global revenue in 2022. The increasing utilization of water per household is expected to drive liquid waste generation in the residential sector. Water is used for different applications in the residential sector; therefore, with rapid population growth in the country, the demand for water in several applications is increasing, resulting in a significant rise in the amount of per capita wastewater generated
• The U.S. is anticipated to grow at a progressive CAGR over the forecast period. According to the American Society of Civil Engineers (ASCE) 2017 Infrastructure Report, it is estimated that around 56 billion people will be connected to centralized treatment plants by 2032. These aforementioned factors will propel the market expansion over the forecast period
• In March 2022, Covanta Holding Corp. increased its ownership in Covanta Green Jersey Assets Ltd., Covanta Green Protos Holding Ltd., & Covanta Green UK Ltd., which own 4 WTE facilities in the UK, following EQT Infrastructure’s acquisition of Green Investment Group's 50% stake in those entities. EQT Infrastructure will cover the purchase price and any additional equity required to complete the construction

Order your copy of Free Sample of “Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Food Waste Management Market Report Highlights

The global Food Waste Management Market size was valued at USD 34.22 billion in 2019 and is expected to grow at compound annual growth rate (CAGR) of 5.4% by 2030.

• The fruits and vegetable segment dominated the market and accounted for 20.3% of the global revenue share in 2022 owing to a lack of proper handling, storage, and processing of the produce
• The disposal segment dominated the market and accounted for 25.4% of the global revenue share in 2022as the food waste treated has a lower number of pathogens and thus, restricts the spread of odor and diseases and promotes hygiene and sanitation
• The residential end-use segment dominated the market and accounted for 44.2% of the global revenue share in 2022. Rapidly growing population and changing lifestyles are expected to boost the food waste generated by households
• Europe is estimated to witness a CAGR of 5.4% over the forecast period owing to the stringent regulations on food waste management is expected to drive the market in the region over the forecast period
• The market is competitive in nature due to the presence of multinationals operating in the industry. It is characterized by the presence of a significant consumer base with the companies operating their business through dedicated distribution networks

Go through the table of content of Waste Management Industry Data Book to get a better understanding of the Coverage and Scope of the study

Competitive Landscape

Strategies adopted by the companies usually include product portfolio expansion, collection network expansion, and geographic network expansion. Veolia Group is one of the key companies in the global industry, which helps industries with an integrated waste management services to reduce costs and environmental footprint.

Key players operating in the Waste Management Industry are:

• Waste Management, Inc.
• Veolia
• Valicor
• Waste Connections
• Republic Services
• Biffa

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. 

Contact:  

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter

Waste Management Industry: Service Estimates and Trend Analysis, 2023 - 2030

Waste Management Industry Data Book Covers Plastic Waste Management, Food Waste Management, and Waste Recycling Services Market

The global Waste Management industry was estimated at USD 1.24 trillion in 2021 and is anticipated to increase at a significant CAGR from 2023 to 2030.

Grand View Research’s waste management industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.

Plastic Waste Management Market Insights

The global plastic waste management market size to be valued at USD 42.2 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 3.1% during the forecast period. Rapid industrialization, rising urbanization, and increasing concern towards the environmental impact of improper plastic waste management are anticipated to drive the market over the forecast period.

The plastic market is growing significantly owing to its unique properties and a wide range of applications. Increasing usage of plastic is also generating plastic waste, which is non-degradable and is responsible for significant greenhouse gas emissions that can lead to huge ecological crises. Therefore, the growing need for proper disposal management of plastic waste is anticipated to drive the market over the forecast period.

The U.S. is one of the largest plastic waste generating countries. The recycling rate of plastic in the country is very less as compared to the overall plastic waste generation in the country. The U.S. exports most of its plastic waste to the countries including China, Hong Kong, Ecuador, Colombia, Indonesia, Vietnam, and Thailand, where it is recycled or processed for energy generation or disposed of in landfills.

Order your copy of the Free Sample of “Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030” Data Book, published by Grand View Research

Waste Recycling Services Market insights

The global waste recycling services market size to be valued at USD 81.3 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% during the forecast period. The rising consumer awareness pertaining to the benefits of garbage recycling is anticipated to have a positive impact on the market growth over the forecast period. During the COVID-19 pandemic, impositions of lockdown gave rise to a new type of waste known as pandemic waste, which includes gloves, masks, and respirators along with their packaging, which increased the waste generated due to the disruptions in the waste collection activities.

Ease in the movement restriction by the governments of various countries has formulated policies to tackle the waste, which is expected to complement the market growth. The pandemic has led to the panic buying of essentials, such as food, toilet papers, and cleaning products, which increased the waste generated during the lockdowns and also increased the demand for single-use plastics in the U.S.The pandemic has disrupted the U.S. waste recycling industry owing to the limitations on commercial activities.

Rising concerns regarding waste management, coupled with increasing challenges pertaining to waste disposal, are expected to drive the demand for waste recycling services over the forecast period. The adoption of rigorous laws has accelerated research and development initiatives in waste recycling, which is expected to promote market growth over the forecast period. Increasing awareness about effective waste disposal for the preservation of animal and human health has resulted in the development of numerous disposal methods and procedures.

The presence of high amounts of hazardous chemicals in the trash, such as metals and salts, has compelled the waste generating companies to dispose of or recycle the waste in a timely way. Urban population growth and increased disposable incomes are predicted to drive the domestic housing sector across the world. As a result, upgrading the housing sector will improve the penetration of these recycling services, which, in turn, will boost the market growth over the forecast period.

Go through the table of content of Waste Management Industry Data Book to get a better understanding of the Coverage & Scope of the study

Waste Management Industry Data Book Competitive Landscape

Strategies adopted by the companies usually include product portfolio expansion, collection network expansion, and geographic network expansion. Veolia Group is one of the key companies in the global industry, which helps industries with an integrated waste management services to reduce costs and environmental footprint.

Key players operating in the Waste Management industry are:

• Waste Management, Inc.
• Veolia
• Valicor
• Waste Connections
• Republic Services
• Biffa

Check out more Industry Data Books, published by Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. 

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com/sector-reports-list
Follow Us: LinkedIn | Twitter