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Benchmarking Country Opportunities in Hazardous Waste Management Market in Asia-Pacific : Lack of Regulatory Support and Implementation Deters Market Growth in Developing Countries

  • November 2014
  • 81 pages
  • Frost & Sullivan
Report ID: 2530813

Summary

Table of Contents

Key Findings

•Country benchmarking by Frost & Sullivan reveals that four countries—Australia, Japan, Singapore, and South Korea—have the highest potential for sustainable and long-term investment in hazardous waste management market.
•Singapore appears to be the most attractive market, followed by Japan, South Korea, and Australia.
•Other countries that are not benchmarked but are included for brief analysis are Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Frost & Sullivan considers these countries as emerging markets for hazardous waste management.
•Unlike the four benchmarked countries, which have relatively more structured markets, these countries have semi-organized or unorganized hazardous waste management markets.
•Malaysia appears to be the most promising among the emerging markets, followed by Indonesia, Thailand, the Philippines, and Vietnam.

Overview

• The definition of hazardous waste may vary among countries.
• However, in general, hazardous waste in every country shares common properties such as ignitability, corrosivity, reactivity, or toxicity, and other physical, chemical, or biological characteristics which may pose a potential risk to human health or the environment if improperly managed.
• Waste may also be defined as ‘hazardous’ by local regulations or international conventions, based on its origin.
• Examples of hazardous waste include heavy metals in batteries, electronic waste (e-waste), electroplating sludge, paint solvents, used oils, pesticides, medical and clinical waste, and construction and demolition debris.
• Examples of hazardous chemicals that might be present in wastes include arsenic, asbestos, cadmium, chromium, cyanide, lead, polychlorinated biphenyls (PCBs), persistent organic pollutant (POP), strong acids, and alkalis.

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