Pune, India -- (SBWIRE) -- 10/23/2018 -- Market Snapshots
Every year, tons of industrial waste are generated and disposed at industrial facilities. Such colossal amounts of industrial waste pose a threat to the human health as well as the environment which calls for proper industrial management. The global industrial waste management market is expected to follow a positive growth trend projects Market Research Future (MRFR) in its latest report. Rapid urbanization and industrialization have been the major driver for the market. Most industries are not eco-friendly and produce toxic chemical waste which is dangerous to earth's biodiversity. Industrial wastes are diverse in nature, having adverse effects and environmental consequences. For instance, radioactive wastes require special attention for treatment which, otherwise, have life-threatening consequences. Driven by rising awareness regarding the adverse effects of industrial waste on the environment, governments and environmental agencies have shifted focus towards the management of industrial waste as a key area. Various tragic industrial incidents over the last few decades have assisted in the realization of the need to regulate and manage hazardous waste which has been a critical driver for the growth of the global industrial waste management market. Advancement in industrial waste management techniques has also spurred the growth of the market. The scarcity of land for waste disposal is also a significant driver of the market growth. Development of waste management infrastructure in both developing and developed countries coupled with stringent norms is also stimulating the growth of the market. However, low sustainability in waste management and low importance of waste management is likely to hinder the growth of the global industrial waste management market.
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Report Overview
This MRFR report provides a comprehensive analysis of the industrial waste management market. The report also highlights the current market status, industry trends and recent developments in the market. Key macro and micro-economic aspects that are likely to influence the market prospects are also analyzed in the report. The scope of the research also covers different types of waste management such as agriculture waste, energy waste, chemical waste, mining waste, manufacturing waste, and others. A revenue analysis of the current services (collection, recycling, landfill, and incineration) is also available in the report. The major industrial waste management technologies discussed in the report include bio drying, gasification, sewage treatment, tunnel composting, etc. This report covers the industrial waste management market across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Research Methodology
Market Research Future (MRFR) leverages a set of scrupulous research methods which assists in achieving a far-reaching view of the market. Our reports provide strategic business intelligence through a combination of primary and secondary research process. Extensive primary research consists of structured interactions with participants across the value chain while secondary research process extracts information from credible sources such as white papers, annual reports, paid database, research publications and other sources available on public domain. Top-down and bottom-up approaches are adopted to reach concrete conclusions regarding the market size, current market trends, opportunities and challenges.
Players Covered
? Veolia Environmental
? EnviroServ Waste
? SembCorp
? Reclay Group
? SA Waste Holding Pvt Ltd.
? Suez Environnement
? Stericycle Inc
? Himark BioGas Inc.
? Clean Harbor.
Regional Outlook:
The geographical analysis of the market spans across regions such as North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific resonates strong opportunities for growth in the foreseeable future. The presence of fast-developing economies coupled with rapid industrialization is likely to drive the growth of the regional market. Furthermore, the emergence of the region as a manufacturing hub has intensified the need for the adoption of dedicated approaches for industrial waste disposal.
North America and Europe are important growth pockets and are prognosticated to retain substantial shares of the market over the next couple of years. The developed industrial sector of these regions is fueling demand for waste disposal solutions. Additionally, the stringent laws enforced for regulating the industrial waste management due to rising environmental concerns is another factor responsible for market proliferation.
The Rest of the World is an emerging market for industrial waste management. The thriving automotive sector in the country-level markets such as Brazil, Mexico, Dubai, Qatar, etc. is expected to catapult the regional market on an upward trajectory.
Global Market for Industrial Waste Management-Competitive Dashboard:
Some of the key players operating in the global industrial waste management market are SembCorp, Veolia Environmental, Clean Harbors, Reclay Group, SA Waste Holding Pvt Ltd., Stericycle Inc., EnviroServ Waste, Himark BioGas Inc., and Suez Environnement
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