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Industrial Waste Management Market - Industry Analysis, Market Size, Market Share, Growth and Forecast 2016 - 2023

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Global Industrial Waste Management Market

Waste is an inevitable by-product of the use of natural resources. Industrial waste is a part of the waste generated by any manufacturing or industrial activity. Different waste materials generated after the industrial process include oil, trashes, concrete, chemicals, wood coal, slag and other waste. The scenario of disposing the waste has been changing with increasing environmental awareness. Toxic waste, chemical waste and industrial solid waste are some of the designations of industrial waste.

The benefits of industrial waste management include improving economic efficiency through the means of more efficient use of resources, reducing the adverse effect on environment through recycling and reusing the resources. Different countries have different mechanism for waste management such as in Canada most common method of disposal is curbside collection. In China tire pyrolysis or plastic pyrolysis is the process used for converting the waste plastic into industrial fuels such as pyrolysis oil and hydrocarbon gas. In San Francisco, the local government established its mandatory recycling and composting ordinance to support its goal of zero waste by 2020. In Europe few people uses a proprietary collection system known as Envac. The different methods for industrial waste management are landfill, recycling, incineration, energy recovery, biological reprocessing and sustainability among others. Some other methods to treat these wastes include sewage treatment which can treat waste consisting of pollutant such as biochemical oxygen demand.

Global Industrial Waste Management Market: Drivers and Restraints

Global industrial waste management market has shown a considerable growth due to the high demand in waste management services on both developed and developing countries. The market across the globe is expected to show a substantial growth with a single digit increase in CAGR by the year 2019. In emerging countries such as India and China there are rapid industrialization activities. Government and regulatory bodies in these regions are implementing stringent regulations to manage the industry waste.

The market for industrial waste management is driven by factors such as rapid urbanization and industrialization and focus on energy conservation and resource recovery. Some of the factors inhibiting the market growth are low sustainability in waste management and low importance towards waste management. Factors such as increase in the purchase of disposable products and increasing safety and environment regulations provide opportunities for the market.

Global Industrial Waste Management Market: Segmentation

The market for industrial waste management can be segmented into type, service and geography. On the basis of types the market is segmented into agriculture waste, energy waste, chemical waste, mining waste, manufacturing waste and others. On the basis of service the market can be segmented as collection, recycling, landfill and incineration. The geographical analysis of the market can be done on the basis of North America, Europe, Asia Pacific and Rest of World. Among the geography Asia Pacific holds the maximum market share followed by Europe and North America. Rapid increase in industrialization in countries such as China, India has led to increase waste management creates a huge demand for the market. The collection type services dominated the industrial waste management and accounts for maximum market share.

Global Industrial Waste Management Market: Key Players Mentioned in the Report

Some of the major players in the industrial waste management market are SembCorp, EnviroServ waste, Clean Harbors, Suez Environment, Waste Management Inc., Veolia Environmental, Stericycle Inc., SA Waste Holding Pvt Ltd., Himark BioGas Inc., Reclay Group and many more.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.

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