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Industrial Solid Waste Management Market Trends

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

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Industrial Solid Waste Management Market Trends

The industrial solid waste management industry is experiencing significant growth driven by expanding industrial projects and increased waste production globally. Technological advancements, such as automated sorting systems, waste-to-energy solutions, and AI-driven waste management platforms, are enhancing efficiency and sustainability. Moreover, the businesses are adopting circular economy principles, focusing on waste reduction, recycling, and reusing materials to minimize landfill waste and reduce their carbon footprint.

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.