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Industrial Solid Waste Management Market Size

Report ID: GMI4582
Published Date: Dec 2024
Report Format: PDF

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Industrial Solid Waste Management Market Size

The global industrial solid waste management market was valued at USD 1 trillion in 2024 and is projected to witness more than 2% CAGR from 2025 to 2034, driven by rising public health concerns over improper industrial waste disposal.

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The increasing volume of industrial solid waste and its lack of regulation have had a detrimental effect on community health has led various government bodies to implement essential measures and allocate substantial investments. For instance, in 2022, the World Bank authorized a USD 20 million funding initiative to assist ASEAN nations in curbing marine plastic pollution from industrial activities along their coastlines. This investment aims to enhance environmental preservation efforts and encourage greater sustainability initiatives within the private sector.

Industrial Solid Waste Management Market Report Attributes
Report Attribute	Details
Base Year:	2024
Industrial Solid Waste Management Market Size in 2024:	USD 1 Trillion
Forecast Period:	2025 - 2034
Forecast Period 2025 - 2034 CAGR:	2%
2034 Value Projection:	USD 1.2 Trillion
Historical Data for:	2021 - 2023
No. of Pages:	125
Tables, Charts & Figures:	34
Segments covered:	Source, Treatment, Material, and Region
Growth Drivers:	Rapid industrialization across developing economies Adoption of stringent regulations Growing concerns about public health
Pitfalls & Challenges:	Regulatory constraints toward the industrial solid waste management

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Authors: Ankit Gupta, Divyendu Sharma

Frequently Asked Questions (FAQ) :

The global market for industrial solid waste management was reached USD 1 trillion in 2024 and is projected to grow at a 2% CAGR from 2025 to 2034, driven by rising public health concerns over improper industrial waste disposal.

The recycling subsegment is expected to surpass 25 billion tonnes by 2034, supported by the adoption of technology-driven recycling solutions and a growing focus on sustainability.

The equipment manufacturing segment is anticipated to grow at over 1.5% through 2034, fueled by increased production levels due to rising domestic and international trade and the widespread use of plastic packaging.

The U.S. industrial solid waste management market is forecasted to exceed USD 370 billion by 2034, led by supportive regulatory policies and advancements in waste management technologies.

Key players in the industry include Biffa, China Everbright Environment Group, Clean Harbors, Cleanaway, Covanta Holding, Hitachi Zosen, Keppel Seghers, OMNI Conversion Technologies, Recology, Sims, Stericycle, SUEZ, Veolia, Waste Connections, Waste Management, and Wheelabrator Technologies.