Liquid Waste Management Market by Source and Geography - Forecast and Analysis 2022-2026

The liquid waste management market share is expected to increase by USD 32.29 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.17%.

This liquid waste management market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers liquid waste management market segmentations by source (industrial and municipal) and geography (APAC, North America, Europe, Middle East and Africa, and South America). The liquid waste management market report also offers information on several market vendors, including Clean Harbors Inc., Cleanaway Waste Management Ltd., Covanta Holding Corp., Enva, Envirogreen Ltd., Environmental Recovery Corp. of PA, EWaste Disposal Inc., GFL Environmental Inc., Heritage Crystal Clean Inc., Heritage Environmental Services LLC, Hindustan Dorr Oliver Ltd., Hulsey Environmental Services Inc., Lamor Corporation Plc, PROS Services Inc., RETHMANN SE and Co. KG, Russell Reid Waste Management, SUEZ Australia Holding Pty Ltd., US Ecology Inc., Veolia Environment SA, and Whites Recycling Ltd. among others.

What will the Liquid Waste Management Market Size be During the Forecast Period?

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Liquid Waste Management Market: Key Drivers, Trends, and Challenges

The stringent government regulations are forcing manufacturers to adopt wastewater treatment is notably driving the liquid waste management market growth, although factors such as high cost of liquid waste treatment may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the liquid waste management industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Liquid Waste Management Market Driver

One of the key factors driving the global liquid waste management industry growth is the stringent government regulations that are forcing manufacturers to adopt wastewater treatment. Government authorities, such as the Environmental Protection Agency (EPA), have imposed strict regulations on the discharge limits of pollutants in wastewater. For instance, the U.S. Environmental Protection Agency issued Effluent Guideline regulations for industries under the Clean Water Act (WA) in 2022. The violation of these guidelines or regulations results in a penalty for the environment. Environmental penalty results in cases of surpassing the discharge levels, the accidental or abnormal release of pollutants, and the failure of discharge reporting. Therefore, manufacturers must treat and dispose of wastewater properly, which, in turn, will be boosting the growth of the market in the forecast period.

Key Liquid Waste Management Market Trend

Rising awareness about water pollution through water wastage campaigns is one of the key liquid waste management market trends that is expected to impact the industry positively in the forecast period. According to UN-Water Analytical brief report, eutrophication reduced the biodiversity of rivers, lakes, and wetlands by one-third across the world. Therefore, to increase awareness about water pollution, both government and private sector water companies are launching water campaigns. For instance, the Love Water campaign was launched in the UK and the Water Movement in India in 2019. Over 40 environmental groups, water companies, charities, and regulatory authorities joined their hands together to raise awareness about water pollution and the importance of water in the future. Such factors are expected to propel the demand for liquid waste treatment during the forecast years.

Key Liquid Waste Management Market Challenge

One of the key challenges to the global liquid waste management industry growth is the high cost of liquid waste treatment. The treatment capacity of any country is determined by its revenue. Treatment capacity in high-income countries exceeds 70% of wastewater output, compared to 8% in low-income countries. In addition, liquid waste is more difficult to collect and treat than solid waste. The liquid waste pollutes the soil and freshwater resources readily. As a result, it must be handled with caution. Furthermore, as a result of the constant build-up inside piping systems, liquid waste treatment plants become less efficient over time. Such factors will limit the market growth in the coming years.

This liquid waste management market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global liquid waste management market as a part of the global environmental and facilities services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the liquid waste management market during the forecast period.

Who are the Major Liquid Waste Management Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Clean Harbors Inc.
• Cleanaway Waste Management Ltd.
• Covanta Holding Corp.
• Enva
• Envirogreen Ltd.
• Environmental Recovery Corp. of PA
• EWaste Disposal Inc.
• GFL Environmental Inc.
• Heritage Crystal Clean Inc.
• Heritage Environmental Services LLC
• Hindustan Dorr Oliver Ltd.
• Hulsey Environmental Services Inc.
• Lamor Corporation Plc
• PROS Services Inc.
• RETHMANN SE and Co. KG
• Russell Reid Waste Management
• SUEZ Australia Holding Pty Ltd.
• US Ecology Inc.
• Veolia Environment SA
• Whites Recycling Ltd.

 

This statistical study of the liquid waste management market encompasses successful business strategies deployed by the key vendors. The liquid waste management market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Clean Harbors Inc. - The company offers drum and bulk hazardous waste in liquid, solid, semi-solid, sludge, and gas forms. 
• Clean Harbors Inc. - The environmental services segment offers waste services, which is directly attributable to waste volumes generated and project work for which waste handling and/or disposal is required. 

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.

The liquid waste management market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Liquid Waste Management Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the liquid waste management market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Liquid Waste Management Market?

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58% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for liquid waste management in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The significant increase in the use of water in highly populous countries such as India and rapid urbanization will facilitate the liquid waste management market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 in APAC adversely affected various countries such as China, India, and Japan. The increasing number of COVID-19 cases in the region raised the volume of wastewater, especially from industrial sectors. This resulted in the raised demand for liquid waste management services in 2020. In addition, favorable government initiatives for waste management are estimated to boost the sales of liquid waste management services in APAC during the forecast period.

What are the Revenue-generating Source Segments in the Liquid Waste Management Market?

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The liquid waste management market share growth by the industrial segment will be significant during the forecast period. The high amount of wastewater generated from the paper and pulp industry, food and beverages industry, sugar manufacturing, and meat processing industries will drive the segment growth in the forecast years.

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

 

Liquid Waste Management Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.17%
Market growth 2022-2026	$ 32.29 billion
Market structure	Fragmented
YoY growth (%)	4.98
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 58%
Key consumer countries	US, China, Japan, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Clean Harbors Inc., Cleanaway Waste Management Ltd., Covanta Holding Corp., Enva, Envirogreen Ltd., Environmental Recovery Corp. of PA, EWaste Disposal Inc., GFL Environmental Inc., Heritage Crystal Clean Inc., Heritage Environmental Services LLC, Hindustan Dorr Oliver Ltd., Hulsey Environmental Services Inc., Lamor Corporation Plc, PROS Services Inc., RETHMANN SE and Co. KG, Russell Reid Waste Management, SUEZ Australia Holding Pty Ltd., US Ecology Inc., Veolia Environment SA, and Whites Recycling Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Liquid Waste Management Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive liquid waste management market growth during the next five years
• Precise estimation of the liquid 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 liquid waste management industry across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of liquid waste management market vendors

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