Wet Waste Management Market Size potential growth, share, demand and analysis of key players - research forecasts to 2030

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Market Synopsis:

According to Market Research Future (MRFR)’s assessment report, the global wet waste management market has projected to expand at 5% CAGR over the forecast period 2017 to 2023. The report suggests that the market is expected to scale a decent valuation over the next few years owing to the increasing demand in conjunction with rising investments into the market.

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Supportive laws framed by the governments for the treatment of waste are likely to fuel demand for waste management solutions in the upcoming years. In addition, the exponentially rising investments witnessed across the world for the conversion of waste into energy sources is expected to propel the expansion of the wet waste management market over the next couple of years. The increasing need for energy is further projected to propel the expansion of the market.

The increasing purchasing power backed by rising standards of living is poised to catalyze the demand for hygiene among the urban population. In addition to that, urban migration is anticipated to further fuel demand for investments in wet waste management market over the assessment period.

Competitive Dashboard:

Some of the major players of the wet waste management market profiled in this report are-

  • Clean Harbors Inc. (U.S.)
  • Veolia Environment S.A. (France)
  • SUEZ Environment Co. S.A. (France)
  • Republic Services Inc. (U.S.)
  • Covanta Energy Corporation (U.S.)
  • Sampurn(e)arth Environment Solutions Pvt. Ltd. (India)
  • Waste Management Inc. (U.S.)
  • Advanced Disposal Services Inc. (U.S.)
  • Progressive Waste Solution Ltd. (Canada)
  • Stericycle (U.S.)
  • Remondis SE & Co. Kg (Germany)
  • Waste Ventures India (India)
  • Fomento de Construcciones y Contratas (Spain)
  • Eco Wise Waste Management Pvt. Ltd. (India)
  • Panda Recycling (Ireland)

The competitive landscape of the market demonstrates robust competition and is likely to attract new entrants owing to expansions in the packaging industry. Investments are expected to flow towards the growth of the market in the foreseeable future.

Recent Industry News:

In March 2019, a bio-methanation packaged organic waste processing plant has been developed by Yasasu Green in Mumbai, India.

In March 2019, Quark Expeditions, a pioneering operator of polar exploration cruises, has collaborated with Evac Complete Cleantech Solution for the installation of a ballast water management system in its cruise for assuring minimum impact on the environment.

In February 2019, Montreal has planned to get its first composting center for organic waste worth USD 175 Mn. 

Market Segmentation:

By service & equipment, the global wet waste management market has been segmented into collection & transportation, storage, sorting, processing, and disposal & landfill.

By source, the wet waste management market has been segmented into healthcare & medical waste, commercial waste, industrial waste, household & municipal waste, and other waste.

By waste type, the global wet waste management market has been segmented into meat & bones, food scrap, agricultural waste, shredded paper, medical waste, and others

Regional Analysis:

The global wet waste management market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). Asia Pacific is poised to exhibit a steeper growth curve as compared to other regional markets. The factors that are prognosticated to favor the expansion of the wet waste management market in the region include rapid urbanization, industrial developments, flourishing healthcare sector, etc. The law enforcement regarding the management of waste products for curbing pollution is also anticipated to catapult the regional market on an upward trajectory. Europe holds the second spot at present and is presumed to maintain its position through the assessment period. The consolidation of developed economies is set to favor the growth of the wet waste management market in eth region over the next couple of years.

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Get More Information on Wet Waste Management Market Research Report- Global Forecast to 2023 @ https://www.marketresearchfuture.com/reports/wet-waste-management-market-2348 

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