Hazardous Waste Management Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46705
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The hazardous waste management market size has the potential to grow by 190.88 million MTPA during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.13%. 

This report provides a detailed analysis of the market by application (industrial, medical, and others) and geography (APAC, Europe, North America, South America, and MEA). 

Hazardous Waste Management Market Outlook

Hazardous-Waste-Management-Market-Size

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Who are the Major Hazardous Waste Management Market Vendors?

The hazardous waste management market analysis report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Avalon Holdings Corp.
  • Averda
  • Clean Harbors Inc.
  • Daniels Health
  • ENVIRON INDIA
  • Grupo Tradebe Medioambiente SL
  • Republic Services Inc.
  • SECHE ENVIRONNEMENT Group
  • VEOLIA ENVIRONNEMENT SA
  • Waste Management Inc.

 

The hazardous waste management market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as an increase in industrial activities to achieve growth opportunities. However, factors such as the high cost involved in hazardous waste management will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hazardous waste management market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. Grab your Free Sample now to unlock further information on other key market drivers.

Which are the Key Markets for Hazardous Waste Management?

Hazardous-Waste-Management-Market-Share-by-Region

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65% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for hazardous waste management in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing infrastructure development projects is one of the prime factors that will facilitate the hazardous waste management market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

What are the Major Application Segments in the Hazardous Waste Management Market?

Hazardous-Waste-Management-Market-Share-by-Application

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Industrial accounts for the largest hazardous waste management market share in the application segment. Industrial waste is generated in any industrial activity and exhibits the properties of hazardous waste. The industrial hazardous wastes comprise of by-products of manufacturing processes or discarded commercial items such as cleaning fluids, nonferrous, and other metals resulting from iron and steel mills, petroleum and coal manufacturing, and other similar facilities. Hence, for efficient management of such hazardous wastes, agencies such as The United States Environmental Protection Agency (US EPA) provide guidelines to help the potentially hazardous waste generators identify if they produce hazardous waste. Hence, the global hazardous waste management market by the industrial application will exhibit a fast growth rate during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the hazardous waste management market size. Fetch actionable market insights on post COVID-19 impact on each segment.   

 

Hazardous Waste Management Market Report

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Key Highlights of the Hazardous Waste Management Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hazardous waste management market growth during the next five years
  • Precise estimation of the hazardous waste management market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hazardous waste management industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hazardous waste management market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The hazardous waste management market growth will increase by $190.88 million MTPA during 2020-2025.
The hazardous waste management market is expected to grow at a CAGR of 8.13% during 2020-2025.
Technavio has segmented the hazardous waste management market by application by volume (Industrial, Medical, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Avalon Holdings Corp., Averda, Clean Harbors Inc., Daniels Health, ENVIRON INDIA, Grupo Tradebe Medioambiente SL, Republic Services Inc., SECHE ENVIRONNEMENT Group, VEOLIA ENVIRONNEMENT SA, Waste Management Inc. are a few of the key vendors in the hazardous waste management market.
APAC will register the highest growth rate of 65.22% among the other regions. Therefore, the hazardous waste management market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the hazardous waste management market growth are:
  • Increase in industrial activities
  • Increasing development of measures to control illegal movement of hazardous wastes
The hazardous waste management market vendors should focus on grabbing business opportunities from the industrial segment as it accounted for the largest market share in the base year.
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