Global Wet Waste Management Market Size Set to Expand at 5% CAGR over 2023
Summary
Wet Waste Management Market Size Statistics, 5% CAGR, Growth, Research Report and Industry Forecast by 2023 | Global Wet Waste Management Market Size information: by Service & Equipment (Collection & Transportation, Processing, Disposal), Source (Industrial, Municipal, Commercial, Healthcare & Medical), Waste Type (Food Scrap, Meat & Bones, Agricultural Waste, Medical Waste) and By Region - Global Forecast to 2023
Wet Waste Management Market Size – Overview
According to Market Research Future (MRFR)’s assessment report, the global wet waste management market has projected to expand at 5% CAGR over the forecast period 2017 to 2023. The report suggests that the market is expected to scale a decent valuation over the next few years owing to the increasing demand in conjunction with rising investments into the market.
Supportive laws framed by the governments for the treatment of waste are likely to fuel demand for waste management solutions in the upcoming years. In addition, the exponentially rising investments witnessed across the world for the conversion of waste into energy sources is expected to propel the expansion of the wet waste management market over the next couple of years. The increasing need for energy is further projected to propel the expansion of the market.
Segmental Analysis
The Wet Waste Management Market Size is segmented on the basis of, source, waste type, service & equipment, and region. On the basis of service & equipment, the Wet Waste Management Market Size is segmented into storage, collection & transportation, processing, sorting, and disposal & landfill. On the basis of source, the Wet Waste Management Market Size is segmented into household & municipal waste, industrial waste, commercial waste, healthcare & medical waste, and other waste. On the basis of waste type, the Wet Waste Management Market Size is segmented into food scrap, shredded paper, agricultural waste, meat & bones, medical waste, and others. Based on the regions, the Wet Waste Management Market Size is segmented into North America, Europe, Asia Pacific, and other global regions.
Detailed Regional Analysis
The regional insight wet waste management covers regions such as North America, Europe, Asia Pacific, and other global regions. The Asia Pacific region is anticipated to spread at an uppermost CAGR and hold the principal market share in the Wet Waste Management Market Size. The mounting understanding for wet waste management of the region with advanced new technologies such as waste to energy solution, along with the mounting consumption of eco-friendly materials and escalating ecological sustainability concerns, enhanced economic circumstances of chief emerging countries. The European region held the subsequent major market share in 2016. The global market for wet waste management is, for the most part, driven owing to the escalating government initiatives and support schemes to encourage waste management. The North American countries are also practicing wet waste management techniques from the previous few decades and are anticipated to observe the same sluggish growth in the forecast period.
Key Players
SUEZ Environment Co. S.A. (France)
Stericycle (U.S.)
Veolia Environment S.A. (France)
Sampurn(e)arth Environment Solutions Pvt. Ltd. (India)
Clean Harbors Inc. (U.S.)
Advanced Disposal Services, Inc. (U.S.)
waste Management Inc. (U.S.)
Republic Services Inc. (U.S.)
Covanta Energy Corporation (U.S.)
Progressive waste Solution Ltd. (Canada) and Remondis sE & Co. Kg (Germany) to name a few.
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