FACTS AT A GLANCE
Edition: 7; Released: January 2022
Executive Pool: 1194
Companies: 19 – Players covered include Clean Harbors, Inc.; Daiseki Co., Ltd.; Enviroserv Waste Management (Pty) Ltd.; Remondis AG & Co. KG; Republic Services, Inc.; Suez Environnement SA; Veolia Environnement SA; Waste Management, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Segment (Collection, Recycling, Incineration, Landfill)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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ABSTRACT-
Global Industrial Waste Management Market to Reach $1.8 Trillion by 2026
Amid the COVID-19 crisis, the global market for Industrial Waste Management estimated at US$1.2 Trillion, is projected to reach a revised size of US$1.8 Trillion by 2026, growing at a CAGR of 7.5% over the analysis period. Collection, one of the segments analyzed in the report, is projected to record a 7.3% CAGR and reach US$1.2 Trillion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Recycling segment is readjusted to a revised 8.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $375.4 Billion in 2021, While China is Forecast to Reach $315.8 Billion by 2026
The Industrial Waste Management market in the U.S. is estimated at US$375.4 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$315.8 Billion by the year 2026 trailing a CAGR of 7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 6.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
Incineration Segment to Reach US$213.1 Billion by the year 2026
In the global Incineration segment, USA, Canada, Japan, China and Europe will drive the 6.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$114.3 Billion will reach a projected size of US$181.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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