Waste Management Industry: Food Waste Management Techniques is Anticipated to Propel The Demand & Growth in the Food Waste Management Market
Waste Management Industry Data Book | Forecast 2030
Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
Grand View Research’s waste management industry data book is a collection of market sizing information & forecasts, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research.
Access the Global Waste Management Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Liquid Waste Management Market Report Highlights
The global liquid waste management market size is anticipated to reach USD 114.87 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period.
- The automotive segment is expected to grow at the fastest CAGR during the forecast period. According to the U.S. EPA, the automotive sector is responsible for generating about 75 billion ounces of paint sludge per year, which is mostly dumped into landfills. OEMs and automotive aftermarkets in the U.S. generate large amounts of liquid wastewater and other similar waste, including engine & motor oils, transmission & brake fluids, antifreeze & coolant, solvents, and others, thereby driving the market demand
- Rising social awareness related to the limited availability of natural resources, increasing sustainability, and conservation measures coupled with regulations aiding enhanced waste management techniques are expected to nurture new technologies in the industry. Iron & steel makers are also being compelled to comply with reuse & recycle ideologies, which, in turn, are expected to boost enhanced wastewater and liquid waste recovery practices
- The residential segment accounted for a dominant share of the global revenue in 2022. The increasing utilization of water per household is expected to drive liquid waste generation in the residential sector. Water is used for different applications in the residential sector; therefore, with rapid population growth in the country, the demand for water in several applications is increasing, resulting in a significant rise in the amount of per capita wastewater generated
- The U.S. is anticipated to grow at a progressive CAGR over the forecast period. According to the American Society of Civil Engineers (ASCE) 2017 Infrastructure Report, it is estimated that around 56 billion people will be connected to centralized treatment plants by 2032. These aforementioned factors will propel the market expansion over the forecast period
- In March 2022, Covanta Holding Corp. increased its ownership in Covanta Green Jersey Assets Ltd., Covanta Green Protos Holding Ltd., & Covanta Green UK Ltd., which own 4 WTE facilities in the UK, following EQT Infrastructure’s acquisition of Green Investment Group's 50% stake in those entities. EQT Infrastructure will cover the purchase price and any additional equity required to complete the construction
Plastic Waste Management Market Report Highlights
The global liquid waste management market size is anticipated to reach USD 114.87 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period.
Recycling is anticipated to be the fastest growing service segment, registering a CAGR of 4.9% over the forecast period owing to the growing number of recycling plants and stringent regulations for recycling of plastic
- Based on polymer, the Polypropylene (PP) segment is anticipated to dominate the market over the forecast period owing to its increasing in automotive, packaging, and textile industries on account of excellent chemical resistance
- The packaging end-use segment is anticipated to be the largest contributor in the market on account of increasing application of recycled plastics in the form of bottles, containers, bags, and other packaging products
- In Asia Pacific, the plastic waste management market is anticipated to register fastest growth of 3.4% over the forecast period owing to rising GDP, growing population, and increasing disposable income in the developing economies such as India, China, and Japan
- Key players in the market are focusing on several strategies including new product developments, new service developments, expansions, contracts, partnerships, and joint ventures.
Order your copy of the Free Sample of “Waste Management Industry Data Book - Plastic Waste Management, Food Waste Management and Waste Recycling Services Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030”, published by Grand View Research
Drilling Waste Management Report Highlights
The global drilling waste management market is expected to reach USD 7.13 billion by 2025, according to a new report by Grand View Research, Inc.
- The U.S. drilling waste management market will witness growth of 3.79% CAGR over the forecast period. The slowdown in the oil and gas market has deeply impacted the drilling markets in the country, with some estimates suggesting 60% decrease in rig drilling. High break-even costs and longer gestation periods in shale exploration and production have further impacted industry growth.
- In 2025, UK drilling waste management market is predicted to be valued at USD 0.39 billion. The country has large scale onshore and offshore drilling activities and is among the first nations in the world to introduce stringent waste management legislation.
- China drilling waste management market is expected to grow at 12.09% CAGR. The country is expected to undertake large scale offshore exploration projects to discover natural gas reserves.
Food Waste Management Market Report Highlights
The global food waste management market size is anticipated to reach USD 106.7 billion by 2030, according to a new report by Grand View Research, Inc.
- The fruits and vegetable segment dominated the market and accounted for 20.3% of the global revenue share in 2022 owing to a lack of proper handling, storage, and processing of the produce
- The disposal segment dominated the market and accounted for 25.4% of the global revenue share in 2022as the food waste treated has a lower number of pathogens and thus, restricts the spread of odor and diseases and promotes hygiene and sanitation
- The residential end-use segment dominated the market and accounted for 44.2% of the global revenue share in 2022. Rapidly growing population and changing lifestyles are expected to boost the food waste generated by households
- Europe is estimated to witness a CAGR of 5.4% over the forecast period owing to the stringent regulations on food waste management is expected to drive the market in the region over the forecast period
- The market is competitive in nature due to the presence of multinationals operating in the industry. It is characterized by the presence of a significant consumer base with the companies operating their business through dedicated distribution networks
Go through the table of content of Waste Management Industry Data Book to get a better understanding of the Coverage & Scope of the study
Waste Recycling Services Market Report Highlights
The global waste recycling services market size is anticipated to reach USD 81.3 billion by 2028, registering a CAGR of 5.2% over the forecast period, according to a new report by Grand View Research, Inc.
- The municipal segment accounted for over 53% of the global revenue share in 2020 owing to the implementation of policy frameworks and increasing investments in municipal trash recycling services in developing economies of India, China, Bangladesh, and Thailand
- Electronic waste accounted for a significant market share in 2020 as manufacturers are focusing on recycling, disposing, and reusing to ensure a sustainable future, both in developed and developing economies
- Plastics are projected to witness a CAGR of 7.0% from 2020 to 2028 on account of initiatives undertaken by various governments, environmentalists, and non-profit organizations globally to reduce plastic waste and meet sustainable development goals
- Asia Pacific accounted for more than 39% of the global revenue share in 2020 due to the rapid industrialization, population expansion, and economic growth, resulting in increased waste generation
- The global market has witnessed significant technical improvements and sustainability, which have aided the service providers to reduce operating costs and enhance profit margins
Competitive Insights
Major players in this market include Veolia Group, Waste Management Inc., Covanta Holding Corporation, Stericycle, Inc., Clean Harbors, Inc., Biffa, Hawkvale Limited, etc. The industry participants focus on research & development activities to develop new technologies for effective waste management. Along with R&D, key players also focuses on merger & acquisition, joint ventures, and strategic partnerships to expand the business and gain a competitive edge over their peers.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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