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Global Industrial Waste Management Services Market

  • August 2014
  • Frost & Sullivan
Report ID: 2348374

Summary

Table of Contents

Technology Development Will Drive a Multibillion-dollar Revenue Increase Through 2020

This research service analyzes the global industrial waste management services market for the period 2010 to 2020. It provides a detailed breakdown of collection and sorting, landfilling, recycling, incineration, and biological treatment. Research covers waste from energy, chemical, agriculture and forestry, metallurgy and other origins. It also describes the current market status in Europe, the Americas, Asia-Pacific, and Middle East-Africa regions. The study examines the influence of market drivers and restraints over the forecast period, and gives a comprehensive competitive analysis of the key regional markets. The base year is 2013; the forecast period is 2014 to 2020.

Executive Summary

-The global industrial waste management services market was valued at $ billion in 2013; it is expected to reach revenue of $ billion by 2020 at a compound annual growth rate (CAGR) of %.
-Industrial waste management solutions are witnessing strong interest in areas with the greatest industrialization and strict environmental legislation, such as Western Europe and North America, with diversion of waste from landfilling to sustainable solutions.
-Asia-Pacific (APAC) is expected to be the dominant region through 2020, growing at a CAGR of %, because of the gradual industrialization and rapidly increasing waste management requirements across developing economies such as China. APAC is expected to present significant market potential because of its growing waste volume generation and increasing treatment needs due to the current low availability of waste treatment installations.
-Revenue in the Middle East and Africa (MEA) region is expected to grow at a CAGR of % due to large investments in Northern African and Middle Eastern countries.
-Mature markets in Europe and the Americas with well-developed waste processing infrastructure are strongly driven by sustainable waste hierarchy regulations. Revenue in the Americas is expected to increase at a CAGR of % through 2020, and in Europe at a CAGR of %.
-Collection and sorting will continue to be the dominant market segment, with an expected value of $ billion in 2020 and CAGR of % because of the rapidly increasing requirements of efficient logistic solutions.
-Recycling is forecasted to overtake landfilling as the second-largest segment by 2020, with growth at a % CAGR that will result in revenue of $ billion due to high demand for advanced waste treatment with precious material recovery.
-Landfilling revenue is expected to grow at a CAGR of % but face a gradual decrease in market share over the forecast period as a result of interest in sustainable development.
-The increased preference for advanced waste treatment—such as modern collection and sorting, recycling, and incineration with energy recovery—and the gradual decrease of landfilling practices globally are expected to influence market growth.

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