DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3fmx5l/waste_management) has announced the addition of the "Waste Management in the Automotive Industry 2015-2019" report to their offering.
This industry research report presents detailed segmentation of the global waste management market in the automotive industry by waste type (recyclable and non-recyclable). The report also provides a detailed analysis of the key regions, including APAC, MEA, Europe, and the Americas.
Market outlook of the waste management market in the automotive industry
The market research analysts estimate the global market for waste management in the automotive industry to post a moderate CAGR of nearly 10% by 2019. This market is expected to grow steadily during the forecast period and is positively influenced by factors like the rising production of automobiles and the increasing waste management initiatives by governments across the world.
Increasing production of automobiles is the key driver for the growth of this market. Since the production of automobiles involves the generation of waste materials, many manufacturers are now recycling these waste materials as it helps to resolve supply shortage during the manufacturing process. Automotive waste management involves the reuse and recycling of waste materials like metal, solvents, batteries, plastic, and glass. Recycling of these materials helps vendors to address environmental concerns and also allows them to address the issue of resource depletion.
Segmentation by waste type and analysis of: recyclable & non-recyclable waste
In this market research report, the market research analyst has estimated the recyclable waste segment to account for more than 82% of the total market share by 2019. Recycling of automotive wastes involves processes that convert the discarded wastes into useful materials and can be carried out either at the manufacturing site or at processing facilities.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth
- Recyclable waste
- Non-recyclable waste
Leading vendors in this market are
- FCC Environment
- Northburn Industrial Services
- Skip waste
Other prominent vendors analyzed in this market study are
- EWD (Eastern waste disposal)
For more information visit http://www.researchandmarkets.com/research/3fmx5l/waste_management