The newly launched report by Stratview Research, titled ‘Solid Waste Management Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026’ has been bifurcated By Waste Type (Municipal Solid Waste, Industrial Solid Waste), By End-Use (Collection Services, Landfills, Recycling, Waste to Energy Incineration, Composting and Anaerobic Digestion, Others), and Region.
According to the report the Solid Waste Management market is projected to grow from USD 1,184.6 billion in 2020 to USD 1,391.1 billion by 2026 at a CAGR of over 2.7% during the forecast period.
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Market Segmentation Analysis -
Based on waste type, the global solid waste management market has been classified into municipal solid waste and industrial solid waste. Under these, the municipal solid waste segment held the largest market share in 2020 and is likely to grow at a considered CAGR during the forecast period. The demand for municipal solid waste management is growing across the residential sector owing to rapid urbanization along with rising consumer spending toward manufactured goods, thereby bolstering the segment growth.
By region, the Asia Pacific market held a significant market share in 2020 and is projected to grow at a healthy CAGR in the coming years. This is mainly ascribed to the rapidly growing population, a large presence of a strong manufacturing sector, and rising consumer spending. This resulted in an expansion of the existing waste collection & treatment facilities to improve its efficiency and effectively manage the solid waste, which further proliferates the regional market growth.
Key Players
The following are the key players in the market-
· Biffa Group (UK)
· Green Conversion Systems (US)
· Amec Foster Wheeler (UK)
· Xcel Energy (US)
· Recology (US)
· Hitachi Zosen (Japan)
· Covanta Holding Corporation (US)
· Keppel Seghers (Belgium)
· Plasco Conversion Technologies (Canada)
· Wheelabrator Technologies (US)
Research Methodology
Stratview Research's reports are the result of a thorough analysis that combines thorough secondary, and primary interviews with industry leaders, and confirmation using unique internal database and statistical methods. More than 1,000 verified secondary sources, such as annual reports from companies, press releases, fact books, journals, white papers, and blogs are reviewed and analysed.
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