Waste Management Market Competitive Research and Future Demand Outlook 2022-2030

1. The global Waste Management Market size was valued to USD 421.6 billion in 2021, and is predicted to reach USD 667.5 billion by 2030, witnessing a CAGR of 5.1% from 2022-2030. The waste management industry is majorly driven by growth in population around the globe. This has eventually led to increase in volume of waste from municipal as well as industrial sector. In addition, the rise in environmental awareness has led to increase in planned collection and disposal of waste. Further, owing to harm done on human health as well as increase in pollution of illegal waste dumping has compelled governments to bring strict laws on illegal dumping of waste on land as well as in oceans. However, lack of awareness is a major restraint for the waste management market along with its labor intensive and high cost of processing. On the contrary, owing to several opportunities in developing countries, the waste management market is expected to grow during the forecast period. Access Full Description of this report at: - https://www.nextmsc.com/report/waste-management-market There is a generation of 2.01 billion tons of municipal solid waste per year at the global level, with at least 33% of that—extremely conservatively—not managed in an environmentally safe manner. Worldwide, waste generated per person per day averages 0.74 kilograms but ranges widely, from 0.11 to 4.54 kilograms. Though they only account for 16 percent of the world’s population, high-income countries generate about 34 percent, or 683 million tons, of the world’s waste. Global waste is expected to grow to 3.40 billion tons by 2050, greater than double population growth over the same period. Overall, there is a positive correlation between waste generation and income level. Daily per capita waste generation in high-income countries is anticipated to increase by 19% by 2050, compared to low- and middle-income countries, where it is expected to increase by approximately 40% or more. The total quantity of waste generated in low-income countries is expected to increase by greater than three times by 2050. Some of the major key players in the waste management market: BIFFA GROUP, CLEAN HARBORS, INC., COVANTA HOLDING CORPORATION, HITACHI ZOSEN CORPORATION, WASTE MANAGEMENT INC., VEOLIA ENVIRONMENT S.A., SUEZ ENVIRONMENT S.A, REMONDIS AG & CO. KG, REPUBLIC SERVICES, INC. and WASTE CONNECTIONS, INC. among others. Key Developments in Global Waste Management Market: On February 17, 2022, Veolia became one of the first synthetic E-Fuel production units in Europe and was implemented at LIPOR’s Energy Recovery Plant, near Porto. Its innovative technology configuration and design are set to revolutionize the waste-to-energy industry, while simultaneously decarbonizing the aviation sector. In July 2021, Stericycle and UPS Healthcare entered into a partnership to manage the reverse logistics of medical waste. The partnership is expected to result in the transportation, treatment, and disposal of various types of medical waste including bio-hazardous, sharps, and pharmaceutical wastes. In June 2021, Clean Harbors acquired used motor oil collection and re-refining assets from Vertex Energy. The deal involved 17 Waste Type branches strategically located throughout the Midwest and Gulf Coast, supported by 200 employees and a fleet of collection vehicles. Request sample copy of this report at:- https://www.nextmsc.com/waste-management-market/request-sample

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