Global Market Insights, Inc.

Municipal Solid Waste Management Market in United States Expected to Reach $25 Billion by 2024

U.S. Municipal Solid Waste Management Market size will exceed USD 25 Billion by 2024, as reported in the latest study by Global Market Insights, Inc.

 

Sellbyville, DE -- (SBWIRE) -- 06/11/2019 -- U.S. Municipal Solid Waste Management Market is predicted to grow over USD 25 billion by 2024. Growing population size on account of increasing number of foreign immigrants across the region will foster the municipal solid waste management market. As per the EPA, during 1960-2016, the population across the region has witnessed a rise of over 75% of which over 40 million were foreign immigrants.

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Growing consumption across residential establishments on account of increasing purchasing power will fuel the U.S. municipal solid waste management market size. In 2017, the average annual expenditure per consumer stated by the Bureau of Labor Statistics was approximately worth USD 60,060 which witnessed an increase of 4.8% in comparison of 2016.

Eminent players across the U.S. municipal solid waste management market include CP group, Covanta Holding, Wheelabrator, Hi Temp Technology, Veolia, Sims Metal Management, Green Conversion, Stericycle, E.L. Harvey & Sons, Clean Harbors, Waste Connections, Xcel Energy, The Hoskinson, Suez Environment, Hitachi Zosen, Recology John Wood and SR20 Holdings.

The recurring efforts of municipalities to enhance public health and environment has been propelling municipal solid waste management market in the U.S. share over the last few years. Statistically, nearly five years before, Americans had generated approximately 250 million tons of trash out of which more than 30% of municipal waste had been recycled. The remaining solid waste however has been leading to an increase in the landfills that have raised concerns among the administrative and regulatory bodies. In line with the growing awareness about the rise in municipal solid waste, the organizations involved in environment protection have been encouraging the practices of waste disposal such as waste prevention, composting, and recycling. In this regard, most of the solid waste management companies have been investing in the development of new waste treatment technologies, that has proved to be a pivotal driving force for municipal solid waste management industry in the U.S.

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Municipal solid waste management market across California was estimated over 41 million tons in 2017. Ongoing promotional activities and government measures toward the promotion of various recycling programs including CallRecycle will augment the industry landscape.

Growing consumption across residential establishments on account of increasing purchasing power will fuel the U.S. municipal solid waste management market size. In 2017, the average annual expenditure per consumer stated by the Bureau of Labor Statistics was approximately worth USD 60,060 which witnessed an increase of 4.8% in comparison of 2016.

Major table of Content:-
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. U.S. Municipal Solid Waste Management Market Industry Insights
Chapter 4. U.S. Municipal Solid Waste Management Market, By Source
Chapter 6. U.S. Municipal Solid Waste Management Market, By Service
Chapter 7. U.S. Municipal Solid Waste Management Market, By Region
Chapter 8. Company Profiles

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