Solid Waste Management Market size worth USD 300 billion by 2023

1
Solid Waste Management Market size estimated to
exceed USD 300 billion by 2023, growing at a CAGR
of over 8.5 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Solid Waste Management
Market

• Australia solid waste management market size was
  estimated at over USD 7 billion in 2015 and is
  likely to reach more than USD 9 billion by 2023.
• Europe solid waste management market share is
  expected to witness high demand. Countries such
  as China and India are anticipated to witness
  significant demand due to increase in population
  and government initiatives to ensure healthy
  environment in the region.
• Huge initial investment cost is likely to
  restrain growth in the Middle East Africa solid
  waste management market.

3
Application Analysis of Solid Waste Management
Market

• MSW management services applications can be
  bifurcated into landfilling, collection,
  recycling, incineration, reuse and biological
  treatment. Landfilling is the most used and
  preferred disposal method owing to its attributes
  such as disposed material never comes in contact
  with groundwater.
• Incineration includes composting which converts
  disposal into heat, steam, ash and gas. Reduction
  in disposal volume up to 20 to 30 coupled with
  decreasing stress on landfilling is likely to
  boost demand for this application.
• MSW management services include collection from
  commercial buildings, streets, residential
  societies, public places and hospitals.
  Government and municipal are the authorities
  responsible to manage these disposals.

4
Competitive Market Share of Solid Waste
Management Market

• Other companies include Schupan Sons, Recology,
  Rumpke Consolidated Companies, EnviroSolutions,
  Progressive, Perma-Fix Environmental Services, E.
  L. Harvey Sons, and Appliance Recycling Centers
  of America.
• Global solid waste management market share is
  comprised of Covanta Energy, Clean Harbors,
  Republic Services, and Waste Connections. The
  increasing unsorted solid scrap incidences
  adversely affected secondary material quality,
  resulting in reduced profitability.
• Proper sorting and collection from direct source
  is likely to be the key strategy in order to
  overcome these challenges. Customized solutions
  are likely to be a cost efficient practice over
  the coming few years.

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