About Liquid Waste Management
Liquid Waste Management is a Procedures and practice to prevent the discharge of pollutants to the storm drain system or to watercourses as a result of the creation, collection, and disposal of non-hazardous liquid materials. This BMP is applicable to construction projects that generate any of the following non-hazardous byproducts, residuals, or wastes including Drilling slurries and drilling fluids, Grease-free and oil-free wastewater, and rinse water, Dredged materials, and Other non-stormwater liquid discharge not permitted by separate. permits. This treatment procedure begins from appropriate collection facilities, their logistics requirements, and then any recycling or disposal process depending on the type of waste. Increased Manufacturing Activities Containing Toxic Chemicals Leading to Growing Liquid Effluent Management will help to boost the global market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 5.1% |
The Global Liquid Waste Management Market is partially consolidated in nature with a few major players dominating a significant portion of the market. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Liquid Waste Management market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Waste Management, Inc (United States), Republic Services, Inc. (United States), CLEAN HARBORS, INC (United States), Veolia Environmental Services (France), Covanta Holding Corporation (United States), Stericycle (United States), US Ecology, Inc. (United States), ES Group (Singapore), SUEZ (Egypt) and REMONDIS SE & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Hindustan Dorr-Oliver Ltd (India), Hulsey Environmental Services (United States) and GFL Environmental Inc. (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Liquid Waste Management market by Type (Collection, Transportation/Hauling and Disposal/Recycling), Application (Residential Liquid Waste Management, Commercial Liquid Waste Management and Industrial Liquid Waste Management) and Region.
On the basis of geography, the market of Liquid Waste Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by End User Industry, the sub-segment i.e. Automotive will boost the Liquid Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Waste Type, the sub-segment i.e. Sewage will boost the Liquid Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Collection will boost the Liquid Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Residential will boost the Liquid Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The growing number of water-borne diseases and increasing awareness related to that and Upsurging levels of population and increasing awareness regarding hygiene and environment
Market Growth Drivers:
High demand due to increasing concerns regarding the toxic nature of water bodies giving rise to greater safety requirements and The high volume of liquid wastes generated from a variety of different industries
Challenges:
The dearth of infrastructure availability in Developing regions
Restraints:
The Concern related to the high costs and resource-consuming process requiring large funding capital
Market Leaders and their expansionary development strategies
In November 2018, GFL Environmental Inc. announced that they had acquired Future Environmental. This acquisition will improve the services capabilities of GFL Environmental Inc. in various geographical regions and help in establishing a significant presence of liquid waste services of the company for the U.S. region
In March 2023, Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 Company, announced the launch of a special initiative "Sound Management of waste Disposal (SMWD)”, as a part of their sustainability efforts towards the reduction and recycling of e-waste.
Key Target Audience
Liquid Waste Management service providers, Government Regulatory bodies, Government Research Organization, Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.