The Global waste management market is expected to witness
tremendous growth owing to increasing environmental and health concerns
worldwide. It provides solutions for various treatments such as organic and
non-organic. Further, these systems are able to safely dispose of liquid and
plastic metal, solid, electronic, and nuclear from various industries. It
focuses on either disposing or making reusing in the most efficient manner
possible. This process involves collection processing, recovery, and disposal
in the most effective and efficient manner. These systems also focus on
reducing, reusing and recycling,. Industries are increasing focusing on use of
raw materials that can be either easily recycled or reused.
In depth research report on Waste Management Market:
E-waste consists of all types of electric and electronic
equipment that contain harmful element such as lead, selenium, arsenic,
cadmium, cobalt, chromium, and mercury. Specialized system for treatment for
these substances is needed to ensure healthy environment. Increasing disposable
income has resulted in growing preference for latest products that has lead to
early disposable of usable products further causing increased wastage.
Increasing pollution owing to rise in amount of un-disposed materials is
expected to propel the waste management market. Large amount of hazardous
contents emitted by industries from different sectors such as manufacturing,
pharmaceutical and healthcare is anticipated to fuel industry growth over the
forecast period.
Companies are adopting these systems in-order to increase
their profitability and reduce manufacturing costs. Organizations such as waste
management association of Australia, air and waste management association,
solid waste management, international solid waste association, and association
of North America are contributing extensively for development of efficient
waste management systems.
Increasing recycling costs, land fill prices and fuel costs
are expected to hinder revenue growth. Lack of proper collection infrastructure
in many regions may restrict market growth over the forecast period. Europe and
North America are expected to be the key regions owing to increasing number of
government regulations mandating these processes in various industries.
Key players are Sims Recycling Solutions Inc., E-waste
Harvesters Inc., Electronic recyclers international Inc., E-waste Systems Inc.,
Mine Restoration Investments Ltd., Republic Services Inc., Casella Waste
Systems Inc., Waste Connections Inc., SuezEnvironnementSA, Veolia Environment
SA Etc.
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