![]() Hence, regulatory authorities require commercial facilities for sorting, treating and filtering these materials before they can be re-used or decomposed. Unlike residential waste, construction and demolition waste materials are inert, heavy and non-biodegradable. It assists in minimizing and re-using waste materials such as concrete, soil, wood, glass, plastic, cardboard and metal during construction activities. Click here.Īt present, Construction and Demolition waste across worldwide is growing healthily whose management involves various activities such as - monitoring, collecting, transporting, recycling and disposing of the waste generated during construction, renovation or demolition of buildings or any other infrastructure. By Waste typeĬustomized per your requirements. For each segment, the market sizing and forecasts have been done on the basis of volume (tons) and value (USD billion). The report is segmented by waste type (Industrial waste, Municipal solid waste, Hazardous waste, E-waste, Plastic waste, Bio-medical waste), by Disposal methods (Landfills, Incineration, Recycling) and by Geography (North America, Europe, Asia-Pacific and LAMEA). The report also covers the impact of COVID-19 on the market. The Global waste management report offers a complete background analysis of the Global waste management market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics is covered in the report. This includes the collection, transport, treatment and disposal of waste, together with monitoring and regulation of the waste management process. The Waste Management (or waste disposal) market includes the activities and actions required to manage waste from its inception to its final disposal. However, reviving economies and resuming production activities along with start of vaccination drives in numerous countries will increase the amount of waste generation and lead to re-initiation of waste recycle industry and waste management companies at their full-scale capacity. The growth of the global waste management market is driven by an increase in the adoption of proactive government measures to reduce illegal dumping.ĬOVID-19 impacted the waste management industry from the focus of segment shift as during lockdown, the residential segment generated more amount of waste as compared to industrial and commercial centres, as industries and offices were partially or completely shut. In addition, the rise in the purchase of recyclable products is providing immense opportunities for market growth. On the other hand, lower sustainability in waste management and low importance towards waste management are restricting market growth. A scarcity of land for the effective waste disposal and focus on the energy and resource recovery is driving the market growth. ![]() Observing from a global perspective, current waste and resource management lacks a holistic approach which covers the whole chain of product design, raw material extraction, production, consumption, recycling and waste management. ![]() Rapidly growing economies, urbanization and the increasing population have led (materially intensive) to an increase in the resource consumption, and consequently the release of large amounts of waste into the environment. The global waste management market was valued at USD 383.83 billion in 2020 and is expected to register a CAGR of 5% during the forecast period (2021 – 2026). ![]()
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