ID: MRFR/CnM/6873-HCR | February 2021 | Region: Global | 100 pages
The Liquid Waste Management Market, according to MRFR analysis, is expected to grow at a CAGR of 3.8%. The Liquid waste management market value is estimated to reach USD 117.79 Billion by 2027.
The correct treatment, disposal, and handling of liquid waste are addressed as part of liquid waste management. Chemical and physical methods are used for treating wastewater, which may contain contaminants such as plastics, oils, sludges, dissolved metals, pathogenic microbes, and other toxic materials. In addition to incineration, sedimentation & dewatering, landfill, and other processes that are used in liquid treatment, the following are also important.
Several major players dominate a significant portion of the global liquid waste management market, which is mostly consolidated in nature. In addition to SUEZ, Veolia, CLEAN HARBORS INC., Covanta Holding Corporation, and WM Intellectual Property Holdings LLC, others are widely recognized.
Liquid waste management market growth has been driven by rapid industrialization, especially in Asia-Pacific, which has increased trade waste combined with population growth, which has resulted in an increase in sewage waste, such as black water and sludge.
The wastewater industry has grown significantly since 2009, as global concerns about water scarcity, rising demand, waste-to-energy initiatives, and landfill diversion, in addition to environmental issues, have all contributed to the growth of the industry.
Additionally, in the forecast period, stringent environmental regulations by agencies such as the Environmental Protection Agency (EPA) and the American Society for Testing and Materials (ASTM) regarding the amount of wastewater discharged by industries are projected to drive the global market growth.
While the global market is expected to grow during the forecast period, the high costs in setting up a liquid waste disposal system and aging effluent treatment systems are likely to hinder growth.
By Waste Type
By Disposal Methods
There are water waste management industries in several countries including Europe, North America, Asia-Pacific, Latin America, and the Middle East, and Africa.
It refers to the practice and procedure of preventing pollutants, toxic chemicals, and other hazardous liquids from being discharged into water or drain systems. Source, service, end-user industry, and geography are key segments of the liquid waste management market. According to the sources, the market is divided into Residential, Commercial, and Industrial), and Services (Collection, Transportation/Hauling, and Disposal/Recycling).
Market segmentation is based on services provided, including collection, transportation/hauling, and disposal/recycling. Market segments include Automotive, Iron and Steel, Oil and Gas, Pharmaceuticals, Textiles, and Other End-user Industries.
This report offers a detailed analysis of factors, such as expected market growth during the forecasted period, in the liquid waste management market. It highlights the restraints and obstacles that this market contributes to, including the adverse impact of the COVID - 19 pandemic. Furthermore, it contains information about the global liquid waste management market trends and outlooks of the liquid waste management market in local and global regions. Investors can use the report to analyze liquid waste management market size and liquid waste management market value, which will help them make informed decisions in the future. Additionally, the report studies the competitive landscape of the major market players, as well as the dominant countries and regions to determine the liquid waste management market's growth. On the positive side, as per the report the liquid waste management market share is expected to grow shortly.
|Market Size||2027: USD 117.79 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Waste Type, Disposal Methods and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||SUEZ (France), Veolia (France), CLEAN HARBORS, INC (US), Covanta Holding Corporation (US), Enva (Scotland), US Ecology, INC (US), Heritage-Crystal Clean, INC (US), Hulsey Environmental Services (US), FCC Austria Abfall Service AG (Austria), Cleanaway (Australia), Absolute Environmental Waste Management Inc. (Canada), PegEx, INC (US), Russell Reid Waste Management/Mr. John (US)|
|Key Market Opportunities||High investment cost for establishing liquid waste treatment plant.|
|Key Market Drivers||
Frequently Asked Questions (FAQ) :
Over the forecast period of 2019 to 2025, there will be a strong 3.8% CAGR in the global liquid waste management market.
117.79 billion USD by 2025 is the value expected to reach the global liquid waste management market.
In the global market for liquid waste management, sand and dewatering are the most dominant processes, followed by composting, solidification, and incineration.
In the global market for liquid waste management, North America holds the largest share.
Suez, Veolia, Clean Harbors Inc., Covanta, US Ecology Inc., and Cleanaway are among the leading companies in the global liquid waste management market.