Hazardous Waste Management Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Number of Industrial Activities Worldwide
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Strict Government Regulations Associated with Waste Disposal
Challenges
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Lack of Awareness about Proper Collection and Segregation of Waste in Lower Economic Regions
Hazardous Waste Management Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
5.6% |
|
Base Year Market Size (2024) |
USD 17.91 billion |
|
Forecast Year Market Size (2037) |
USD 36.37 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of hazardous waste management is evaluated at USD 18.76 billion.
Hazardous Waste Management Market size was over USD 17.91 billion in 2024 and is poised to exceed USD 36.37 billion by 2037, witnessing over 5.6% CAGR during the forecast period i.e., between 2025-2037.
North America industry is expected to hold largest revenue share by 2037, 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.
