What is Industrial Waste Management?
Industrial waste is the waste produced by industrial activity which includes any material that is rendered useless during a manufacturing process such as that of factories, mills, and mining operations. It includes scrap metals, oils, hazardous chemicals, solvents, concrete, etc. Discharge of this industrial waste in rivers and lands pollutes the environment. Industrial waste management service providers collect the industrial waste and recycle or dispose of it effectively. However, the government and regulatory bodies have implemented strict regulations for waste management to protect human health and the environment.
The market study is broken down by Type (Nonhazardous and Hazardous) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Industrial Waste Management market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Veolia (France), Waste Management Inc. (United States), Stericycle (United States), Covanta (United States), Waste Connections (United States), US Ecology (United States), Tradebe (United States), Perma-Fix (United States), Clean Harbors (United States), GFL Environmental Inc. (United States) and Republic Services (United States) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Industrial Waste Management market by Type, Application and Region.
On the basis of geography, the market of Industrial Waste Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry, the sub-segment i.e. Chemicals will boost the Industrial Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Waste Form, the sub-segment i.e. Solid will boost the Industrial Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Waste Collection will boost the Industrial Waste Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In March 2021, GFL Environmental Inc., the US-based environmental services company announced the acquisition of Terrapure Environmental Ltd. Terrapure is an integrated provider of solid and liquid waste management and industrial services to more than 7,000 customers across Canada. The acquisition of Terrapure will bring a high-quality, complementary asset network and customer base to GFL's existing operations and augments GFL's existing service offerings in several regional markets.
- The Use of Innovative and Advanced Technologies for Proper Industrial Waste Management
- Rapidly Increasing Industrial Waste across the Globe Due to Growing Industrialization and Development
- Government Stringent Regulations towards the Proper Management of Industrial Waste Doe to Increasing Environmental Concern
- Increasing Initiatives of Waste Management Companies to Pay Money for Waste
- High-Cost Waste Management Activities and Inadequate Funding May Restraint the Growth
- Inefficient Waste Collection Zones and Proper Infrastructure in Some Developing and Underdeveloped Countries
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Industrial Waste Management Service Providers, Waste Recycling Equipment Manufacturers, Suppliers and Distributors of Waste Recycling Equipment, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-use Industries and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Veolia (France), Waste Management Inc. (United States), Stericycle (United States), Covanta (United States), Waste Connections (United States), US Ecology (United States), Tradebe (United States), Perma-Fix (United States), Clean Harbors (United States), GFL Environmental Inc. (United States) and Republic Services (United States) etc.
2. Can we have customized study for Industrial Waste Management Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Industrial Waste Management Market by 2026?
Analysts at AMA estimates Industrial Waste Management Market to reach USD Million by 2026.