The Industrial Waste Management Market is Predict to reach $1.6 Trillion by 2030, at a CAGR of 5.6%

30-Nov-2023 | Report Format: Electronic (PDF)

Industrial Waste Management Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Industrial Waste Management Market size is expected to reach $1.6 Trillion by 2030, rising at a market growth of 5.6% CAGR during the forecast period.

The Landfill segment is leading the Global Industrial Waste Management Market, by Service in 2022, thereby achieving a market value of $798.4 billion by 2030. Landfills typically accept non-hazardous industrial waste, including materials that cannot be easily recycled or processed through other waste management methods. Waste acceptance criteria are established to ensure that only appropriate materials are deposited in the landfill. This includes impermeable liners, leachate collection systems, and cover systems to minimize water infiltration and control gas emissions. Recycling, composting, and waste-to-energy technologies can help divert materials away from landfills, promoting a more sustainable approach to waste management.

The Manufacturing Waste is registering a CAGR of 4.8% during (2023 - 2030). Manufacturing waste refers to the byproducts, residues, and discarded materials generated during manufacturing. This waste can be diverse, ranging from raw material scraps and excess packaging to emissions and wastewater. Efficient management of manufacturing waste is crucial for environmental sustainability, regulatory compliance, and operational efficiency. Some manufacturing waste, particularly non-recyclable or difficult-to-treat waste, can be used for energy generation through waste-to-energy technologies, helping reduce reliance on fossil fuels.

The Asia Pacific region dominated the Global Industrial Waste Management Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $568.2 billion by 2030. The Europe region is experiencing a CAGR of 4.9% during (2023 - 2030). Additionally, North America would exhibit a CAGR of 5.3% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/industrial-waste-management-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Veolia Environnement S.A., EnviroServe (Savage Companies), Covanta Holding Corp. (EQT AB (PUBL)), Waste Management, Inc., Stericycle, Inc., Daiseki Co., Ltd., Clean Harbors, Inc., Remondis SE & Co. KG, Republic Services, Inc. (Cascade Investment Group, Inc.), and Sembcorp Industries (Temasek International Pte Ltd)

Global Industrial Waste Management Market Segmentation

By Service

  • Landfill
  • Recycling
  • Incineration

By Waste Type

  • Construction & Demolition Waste
  • Manufacturing Waste
  • Mining Waste
  • Agriculture Waste
  • Chemical Waste
  • Oil & Gas Waste
  • Nuclear Waste
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Veolia Environnement S.A.
  • EnviroServe (Savage Companies)
  • Covanta Holding Corp. (EQT AB (PUBL))
  • Waste Management, Inc.
  • Stericycle, Inc.
  • Daiseki Co., Ltd.
  • Clean Harbors, Inc.
  • Remondis SE & Co. KG
  • Republic Services, Inc. (Cascade Investment Group, Inc.)
  • Sembcorp Industries (Temasek International Pte Ltd)

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