DUBLIN--(BUSINESS WIRE)--The "Hazardous Waste Management - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Hazardous Waste Management market accounted for $26.35 billion in 2019 and is expected to reach $48.06 billion by 2027 growing at a CAGR of 7.8% during the forecast period.
Some of the key factors propelling market growth include a growing number of awareness programs for waste management, rapid urbanization and industrialization along with the rising population, increasing waste disposal activities, and government initiatives for waste management. However, the requirement of high capital investments is restricting the market growth.
Hazardous waste management refers to a carefully organized system in which wastes go through appropriate pathways to their ultimate elimination or disposal in ways that protect human health and the environment. It involves generation, treatment, and disposal of hazardous wastes. It involves reducing the amount of hazardous substances produced, treating hazardous wastes to reduce their toxicity, and applying sound engineering controls to reduce or eliminate exposures to these wastes.
By waste type, industrial & manufacturing waste segment is anticipated to grow at significant growth during the forecast period. This waste is considered to be one of the most hazardous waste materials produced. Some of the major wastes generated by the industries are paints, solvents, paper products, sandpaper, metals, industrial by-products and radioactive wastes. Governments all over the world are trying to keep the generation of industrial waste in control by imposing various laws and regulations on the industries to minimize the industrial and manufacturing waste to the maximum level and reduce their toxic effects.
On the basis of geography, North America is expected to have considerable market growth during the forecast period. Hospitals are major generators of medical waste in the U.S., owing to the increase in the number of surgical procedures performed in these settings and longer duration of hospital stays of patients suffering from chronic diseases. Canada is likely to significantly contribute to the hazardous waste management market in North America. Nuclear utilities as well as the Canadian Nuclear Laboratories (CNL) are responsible for the disposal of nuclear wastes, primarily low level and intermediate level waste.
Companies Mentioned
- Veolia
- Morgan Group
- Suez
- CLEAN HARBORS, INC.
- Bechtel Corporation
- SMS Envocare Ltd
- Waste Connections Inc.
- Waste Management, Inc.
- Recology Inc.
- Envion India
- Stericycle Inc.
- Republic Services, Inc.
- Chloros Environmental Ltd
- American Waste Management Services, Inc.
- Daniels SharpSmart, Inc.
- Republic Services Inc.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company Profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hazardous Waste Management Market, By Treatment Type
5.1 Introduction
5.2 Physical & Chemical
5.3 Incineration
5.4 Autoclaving
5.5 Biological
5.6 Thermal
6 Global Hazardous Waste Management Market, By Waste Type
6.1 Introduction
6.2 Pharmaceutical Waste
6.3 Sharps
6.4 Industrial & Manufacturing Waste
6.5 Pathological Waste
6.6 Corrosive
6.7 Toxic
6.8 Nuclear
6.9 Flammable
6.10 Domestic Waste
6.11 Explosive
6.12 Biomedical Waste
6.12.1 Infectious
6.12.2 Radioactive
6.13 Chemical
7 Global Hazardous Waste Management Market, By Treatment Site
7.1 Introduction
7.2 On-Site
7.3 Off Site
8 Global Hazardous Waste Management Market, By Service Type
8.1 Introduction
8.2 Treatment & Disposal
8.3 Collection, Transportation & Storage
8.4 Recycling
9 Global Hazardous Waste Management Market, By Application
9.1 Introduction
9.2 Medical
9.3 Industrial
10 Global Hazardous Waste Management Market, By Chemical Composition
10.1 Introduction
10.2 Organic
10.3 Inorganic
11 Global Hazardous Waste Management Market, By Disposal Method
11.1 Introduction
11.2 Deep Well Injection
11.3 Detonation
11.4 Land Burial
11.5 Engineered Storage
11.6 Ocean Dumping
12 Global Hazardous Waste Management Market, By Physical State
12.1 Introduction
12.2 Solid
12.3 Liquid
12.4 Sludge
13 Global Hazardous Waste Management Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/r/22fffk
