ID: MRFR/CnM/6873-HCR | February 2021 | Region: Global | 100 pages
According to MRFR analysis, the Global Liquid Waste Management Market is projected to register a CAGR of 3.8% to reach USD 117.79 Billion by the end of 2025.
Liquid waste management is methodical administration of exercises that deals with the proper handling, disposal and treatment of liquid waste. Wastewater treatment can be done by physical or chemical processes, which include contaminants such as plastics, oils, sludges, dissolved metals, pathogenic microorganisms, and other toxic substances. Some of the major processes used for liquid treatment are as follows: incineration, sedimentation & dewatering, landfill, and others.
The key factor driving the growth of the liquid waste management market is rapid industrialization, especially in Asia-pacific, leading to the upswing of trade waste coupled with increasing population, resulting in the rise of sewage waste such as black water and sullage.
The rising concern regarding water scarcity around the globe, increasing demand for clean water, spurred by waste-to-energy initiatives and landfill diversion, have perpetuated the growth of the wastewater industry during the past few years.
Furthermore, stringent environmental regulations by agencies such as the environmental protection agency (EPA) and American Society for Testing and Materials (ASTM) regarding the amount of wastewater discharge from industries coupled with increasing demand for clean water among individuals is expected to fuel the global market growth during the forecast period.
However, the requirement of large amount of capital for setting up liquid waste disposal system and aging effluent treatment system is expected to hamper the growth of the global market during the forecast period.
The guidelines set by various regulatory bodies for liquid waste management are as follows:
The Environmental Protection Agency (EPA), EPA-K002 for ‘wastewater treatment sludge from the production of chrome yellow and orange pigments’; EPA-K004, ‘wastewater treatment sludge from the production of zinc yellow pigments’; EPA-K005, ’wastewater treatment sludge from the production of chrome green pigments’; EPA-F019 for ‘use of aluminum chemical conversion coating in automobiles’; The American Society for Testing and Materials (ASTM), ASTM-D5495 for ‘sampling with a composite liquid waste sampler’; EPA-K176 for ‘wastewater treatment sludge from the mercury cell process in chlorine production’.
By Waste Type
By Disposal Methods
Frequently Asked Questions (FAQ) :
The global liquid waste management market is expected to exhibit a strong 3.8% CAGR over the forecast period from 2019 to 2025.
The global liquid waste management market is expected to reach a valuation of USD 117.79 billion by 2025.
Sedimentation and dewatering holds the largest share in the global liquid waste management market, followed by incineration, composting, solidification, and root zone.
North America holds the largest share in the global liquid waste management market.
Leading players in the global liquid waste management market include Suez, Veolia, Clean Harbors Inc., Covanta, US Ecology Inc., and Cleanaway, among others.