The global waste management market is anticipated to grow at a significant CAGR of 3.1% during the forecast period. Advanced technologies such as 4.0 technology, Cloud Computing, Smart Bins, Robots, Drones in waste management is gaining popularity. These technologies are likely to help boost the market for waste management. One of the primary reasons driving the growth of the government initiatives across the globe for Waste 2.0 is the rising demand for waste management. Furthermore, greater adaptability and support of environmentally friendly technology in developed countries is also expected to create significant scope for the market growth. For instance: –
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- In May 2021, SUEZ and Eramet, a major participant in the extraction and valuation of metals, have agreed to expand their collaboration in the field of recycling end-of-life electric car batteries. This collaboration aims to provide a high-performance, cost-effective, and environmentally friendly battery recycling solution for the European market.
- In March 2021, Veolia collaborated with Groupe Renault, a vehicle and van manufacturer, and Solvay, a chemical and plastics company, to allow the circular economy of EV battery metals in Europe through closed-loop recycling.
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- In May 2022, Zimbabwe, partners launched Waste Management initiative in Glen View, a densely populated area on the state’s western outskirts that promotes hygiene and an effective waste management methodology.
- In October 2020, Dow Chemical International Pvt. Ltd (Dow India) announced the launch of its first digital waste management platform Rethink+. It aims to prevent post-consumer plastic waste from going to landfills by digitally connecting waste generators, waste aggregators, waste processors and recyclers.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Waste Type
o By Disposable methods
o By End User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Biffa, Clean Harbors, Covanta Energy, daiseki Co., ltd., Hitachi Zosen Corporation, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Waste Management Market Report Segment
By Waste Type
- Industrial Waste
- Municipal Solid Waste
- Hazardous Waste
- E-Waste
- Plastic Waste
- Bio-Medical Waste
By End-User
- Landfills
- Incineration
- Recycling
By End-User
- Residential
- Commercial
- Industrial
