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Solid Waste Management Market Study by Business Prospects and Forthcoming Developments to 2026

Author : Ronak Bora | Published Date : 2020-08-19 

The global solid waste management market is likely to register a substantial growth rate in the forthcoming years. Solid waste management is a term which is used to refer to the process of collecting as well as treating solid wastes. It also provides solutions for recycling items which do not belong to trash or garbage. Waste management is about how solid waste could be used as a valuable resource.

Based on the waste spectrum, solid waste management market is classified as municipal solid waste and industrial solid waste. Some of the solid waste collected by the municipal services include, wastes from parks and beaches, street cleaning, landscaping wastes, wastes from recreational areas, and wastewater treatment.

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The municipal solid waste management market size will witness appreciable growth on account of rising consumer spending toward manufactured goods coupled with increasing level of urban population.

Industries produce solid waste in the form of packaging wastes, medical wastes, food wastes, housekeeping wastes, demolition materials, hazardous wastes and special wastes. Industrial solid waste management market is set to witness substantial growth on account of increasing investments toward the development of new industrial centers and manufacturing facilities.

Solid Waste Management Market annual capacity to exceed by 28 Billion Tonnes by 2026. Increasing environmental concerns coupled with adoption of waste treatment technologies is positively influencing the industry growth.

Some major findings of the global solid waste management market report include:

  • The demand for solid waste management is expanding across the industrial, commercial and residential sector on account of increasing public health risks and adoption of stringent environmental mandates.
  • Surging investments toward the deployment of efficient waste treatment facilities & infrastructure are anticipated to drive the market growth.
  • Major players operating across the solid waste management market are Biffa Group, Waste Management, Inc and Waste Connections amongst other.
  • Positive outlook toward the implementation of sustainable waste disposal practices & technologies along with growing awareness toward the negative impacts on environment associated with mismanagement of solid waste will favor the market trends.

Adoption of stringent regulation and mandates to reduce illegal dumping will drive the global solid waste management market over the forecast timeframe. Growing focus toward resource recovery & recycling techniques has created a favourable business scenario on a global scale. For instance, the U.S. Environmental Protection Agency (EPA) introduced the Resource Conservation and Recovery Act (RCRA) aimed toward receding the open dumping of waste and effectively manage both non-hazardous and hazardous wastes. Introduction of sustainability mechanisms across the waste treatment & disposal ecosystems will further raise market growth substantially.

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Latin America solid waste management market is anticipated to witness substantial growth on account of rapid increase in the urban population. As per the UN-Habitat in 2018, Latin American cities will compose of 90 percent of the region’s population by 2050. Re-structuring of the regulatory framework in line with waste management practices will augment the industry outlook over the forecast timeline.

Table of Contents (ToC) of the report:

Chapter 3 Global Solid Waste Management Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2015 – 2026 (USD Billion)

3.3    Industry ecosystem analysis

3.3.1 Vendor matrix

3.4    Innovation & technology landscape

3.4.1 Waste Management, Inc

3.4.2 SUEZ

3.4.3    Veolia

3.4.4    Plasco Conversion Systems

3.5    Regulatory landscape

3.5.1 National waste management regulatory landscape

3.5.2 Urban waste management regulatory landscape

3.5.3    U.S. Resource Conservation and Recovery Act Solid Waste Disposal Act of 1965    Hazardous and Solid Waste Amendments of 1984 (HSWA)

3.5.4    Europe Environment Action Programme to 2020

3.5.5    Singapore

3.5.6    Philippines Ecological Solid Waste Management Act of 2000 (RA 9003)

3.5.7    India

3.5.8    Indonesia Municipal Solid Waste law National Industrial Policy and Environmental Protection and Management law

3.5.9    China Renewable Energy Law

3.5.10    Japan Waste Management And Public Cleansing Law

3.5.11    South Korea Wastes Control Act Act on Promotion of Saving and Recycling of Resources

3.6    Commercial Status of WTE Plants

3.7    Price trend analysis

3.8    Gate /Tipping Fee

3.8.1 Landfill gate fee for U.S.

3.9    Feed in tariff

3.10    Industry impact forces

3.10.1 Growth drivers North America Ongoing adoption of sustainable waste management practices Europe Adoption of advanced waste treatment & disposal technologies    Asia Pacific Utilization of waste as a source of renewable energy Adoption of stringent mandates & cost recovery mechanisms    Middle East & Afrcia and Latin America Growing concerns toward public health Increasing resource value of waste

3.10.2 Industry pitfalls and challenges Limited availability of an effective SWM regulatory framework

3.11    Porter’s analysis

3.12    Competitive landscape, 2019

3.12.1 Strategy dashboard Veolia Waste Connections    Clean Harbors    Waste Management, Inc.

3.13    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/solid-waste-management-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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