Solid Waste Management Market Update, Analysis, Forecast by 2026
Solid Waste Management Market annual capacity is likely to surpass $28 billion tons by 2026. Rapid growth in urban population has sizably increased the generation of solid waste. Existing waste treatment facilities are being overburdened, which will positively impact municipal market demand.
Rising focus on environmental concerns and escalating adoption of advanced waste treatment technologies are propelling market growth. Increasing volume of solid waste across residential, commercial, and industrial sectors has induced the need for proper waste management practices.
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Additionally, growing awareness regarding the risks of improper waste disposal to public health and environment has evoked major concerns among regulators. Subsequently, governments are establishing various strict environmental norms and outlaying huge investments on development of effective waste treatment facilities, which will fuel solid waste management industry growth.
Sustainable waste disposal technologies & practices are being extensively implemented, which will spur solid waste management market growth. Intensifying awareness pertaining to the consequences of mismanagement on environment will influence the methods and technologies in the near future.
Latin America is likely to emerge as a pivotal growth ground for solid waste management industry owing to the incessant upsurge in urban population. According to UN-Habitat’s 2018 estimates, cities in Latin America are expected to accommodate around 90% of the region’s population by the year 2050. Rising cognizance towards sustainable waste management practices and re-structuring of regulatory framework are some of the key factors influencing Latin America market outlook.
Surging illegal dumping of solid waste has resulted in introduction of stringent regulations to control improper solid waste disposal. Additionally, growing emphasis on resource recovery & recycling techniques has developed promising business prospects in solid waste management industry. For example, the U.S. Environmental Protection Agency (EPA) established the Resource Conservation and Recovery Act (RCRA) to abate open waste dumping and proper disposal & handling of hazardous and non-hazardous wastes.
Some of the eminent solid waste management market players are Waste Management, Inc., Waste Connections, and Biffa Group amongst others.
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Table of Content
Chapter 5 Global Solid Waste Management Market, By Treatment
5.1 Global market share by treatment, 2019 & 2026
5.2 Open dumping
5.2.1 Global market from open dumping, 2015 - 2026
5.2.2 Global market from open dumping, by region, 2015 - 2026
5.3 Disposal
5.3.1 Global market from disposal, 2015 - 2026
5.3.2 Global market from disposal, by region, 2015 - 2026
5.3.3 Landfill
5.3.3.1 Global market from landfill, 2015 - 2026
5.3.3.2 Global market from landfill, by region, 2015 - 2026
5.3.4 Recycling
5.3.4.1 Global market from recycling, 2015 - 2026
5.3.4.2 Global market from recycling, by region, 2015 - 2026
5.3.5 Incineration/Combustion
5.3.5.1 Global market from incineration/combustion, 2015 - 2026
5.3.5.2 Global market from incineration/combustion, by region, 2015 - 2026
Chapter 6 Global Solid Waste Management Market, By Material
6.1 Global market share by material, 2019 & 2026
6.2 Paper & paperboard
6.2.1 Global market from paper & paperboard, 2015 - 2026
6.2.2 Global market from paper & paperboard, by region, 2015 - 2026
6.3 Metals
6.3.1 Global market from metals, 2015 - 2026
6.3.2 Global market from metals, by region, 2015 - 2026
6.4 Plastics
6.4.1 Global market from plastics, 2015 - 2026
6.4.2 Global market from plastics, by region, 2015 - 2026
6.5 Food
6.5.1 Global market from food, 2015 - 2026
6.5.2 Global market from food, by region, 2015 - 2026
6.6 Textiles
6.6.1 Global market from textiles, 2015 - 2026
6.6.2 Global market from textiles, by region, 2015 - 2026
6.7 Wood
6.7.1 Global market from wood, 2015 - 2026
6.7.2 Global market from wood, by region, 2015 – 2026
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