Waste Treatment Disposal Market Scope
Waste management is the process of collecting, transporting, disposing, or recycling, and monitoring of waste. The market includes many types of waste, like wastewater, solid waste, the solid waste includes Municipal Solid Waste (MSW), Commercial and Industrial (C&I), construction and demolition waste (C&D). This waste poses a significant threat to the environment. Therefore, several Governments initiatives worldwide are promoting waste treatment and disposal services in the wake of environment conservation thereby propelling market growth.
According to AMA, the Global Waste Treatment Disposal market is expected to see growth rate of 4.7%
The Global Waste Treatment Disposal market is fragmented with several players. Many companies have several plants, usually, located in the place close to aimed consumption region. There are international companies set up factories in China either. Some companies are taking a joint venture to enter into aim market. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Waste Treatment Disposal market throughout the predicted period.
Suez Environment SA (France), Veolia Environment SA (France), Waste Management, Inc. (United States), Republic Services, Inc. (United States), Stericycle (United States), Clean Harbors (United States), Waste Connections (Canada), ADS Waste Holdings Corporation (United States), Casella Waste Systems (United States), Covanta Holding Corporation (United States) and Remondis (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Parc (United States), Kayama Kogyo Co.Ltd (China), China Recycling Development (China) and New COOP Tianbao (China).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Waste Treatment Disposal market by Type (Landfill, Incineration, Recycling and Others), by Application (Municipal, Agricultural, Social and Industrial) and Region with country level break-up.
On the basis of geography, the market of Waste Treatment Disposal 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).
Market Leaders and their expansionary development strategies
January 2019, China Everbright Greentech Limited announce that the Company has recently secured Zhejiang Songyang Hazardous Waste Integrated Treatment Project and Jiangsu Feng County Integrated Biomass and Waste-to-Energy Project (Waste-to-Energy), with a total investment of approximately USD 101,444 million.
May 2017, In the United Kingdom, the county waste management authority of Somerset - Somerset Waste Partnership (SWP) has selected SUEZ as preferred bidder to help deliver a comprehensive new recycling service across Somerset from 2020. Worth around USD 27,231 million, this ten-year duration contract will have an option to extend for a further ten years.
September 2018, The Union Ministry of Environment, Forests and Climate Change recently notified the new Solid Waste Management Rules (SWM), 2016. These will replace the Municipal Solid Wastes (Management and Handling) Rules, 2000, which have been in place for the past 16 years. and These rules are the sixth category of waste management rules brought out by the ministry, as it has earlier notified plastic, e-waste, biomedical, hazardous and construction, and demolition waste management rules
Market Trend
- Initiatives Taken For Recycling, Reusing, and Refusing Solid Waste by the Large Waste Management Companies
Market Drivers
- Robust Increase in Municipal Waste, Owing to Rapid Rise in Population
- Increasing Environmental Concerns Along with Inevitable Increase in nonhazardous waste
- Growing Disposable Income and Increasing Prospects of Recycled Products
Opportunities
- Adoption of Recycling Techniques & Development of Innovative Technologies
- Advanced Waste Collection Solutions to Enhance Collection Processes
Restraints
- Limited Space for Land lifting Process & Changing Waste Composition May Hamper the Market Growth
Challenges
- Lack of Awareness in Developing Countries
- The Dearth of Investments in Solid Waste Management Framework
Key Target Audience
Waste Disposal Manufacturers, Potential Investors, Government and Regulatory Bodies, Industry Associations, Marketing & Consulting Firms and Others