Hazardous Waste Management Market Analysis

  • Report ID: 3335
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Hazardous Waste Management Market Analysis

The market is segmented by treatment type into incineration, autoclaving, and chemical treatment, out of which, the incineration segment is anticipated to hold the largest share in the global hazardous waste management market on account of the quick reduction of waste volume, lower emissions of greenhouse gases and lesser transportation costs of this type of waste treatment. In addition, incineration is one of the most commonly used thermal treatment technique globally, which is also assessed to boost the growth of this market segment by the end of 2030. Moreover, on the basis of waste type, the segment for infectious waste is evaluated to occupy the largest share over the forecast period, which can be credited to the large amount of waste generated from households, hospitals, offices and commercial complexes, rising industrialization and growing prevalence of infections occurring as a result of inappropriate waste disposal. For instance, more than 520 metric tons of biomedical waste was generated in India alone in 2018.

Our in-depth analysis of the global hazardous waste management market includes the following segments

       

          By Waste Type

 

  • Flammable
  • Corrosive
  • Infectious
  • Radioactive
  • Others

         By Treatment Type

  • Incineration
  • Autoclaving
  • Chemical Treatment

         By Service Type

 

  • Collection
  • Transportation & Storage
  • Treatment & Disposal
  • Recycling
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3335
  • Published Date: Aug 29, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of hazardous waste management is evaluated at USD 17.72 billion.

Hazardous Waste Management Market size was valued at USD 16.96 billion in 2023 and is set to cross USD 34.44 billion by 2036, expanding at more than 5.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by growing number of industrial activities worldwide and strict government regulations associated with waste disposal.

North America is poised to account for largest revenue share by 2036, on the back of strong presence of well-established healthcare infrastructure, and high government investments to establish recycling facilities in the region.

The major players in the market are American Waste Management Services, Inc., Clean Harbors, Inc., Suez SA, SMS Envocare. Ltd, Chloros Environmental Ltd, and others.
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