With the emergence and long-term Impact of COVID-19, Global Hazardous Waste Management Market to reach USD 25.59 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Hazardous Waste Management Market points towards a potential rise to USD 25.59 billion by 2030. A Hazardous Waste Management, often referred to as a container Hazardous Waste Management or a Rubber-Tired Gantry Crane (RTG), is a specialized heavy-duty piece of material handling equipment used in various industrial settings, particularly in shipping ports, intermodal terminals, and container yards.
Its primary function is to handle cargo containers efficiently and precisely, typically the large metal boxes used for transporting goods on ships or trucks. The Hazardous Waste Management Market is expanding because of factors such as growing international trade and globalization, increasing development of new ports, terminals, and the rise of containerization in the shipping industry.
Geographically, the global Hazardous Waste Management market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia-Pacific dominated the market in 2022 owing to the rapid industrialization and urbanization, as well as stringent environmental regulations. Whereas, North America is expected to grow at a significant CAGR over the forecast years. The growing awareness of environmental sustainability, coupled with the increasing development of new technologies such as advanced recycling, thermal treatment, and plasma gasification are significantly propelling the market demand across the region.
The global Hazardous Waste Management market is highly competitive owing to the presence of several key players such as Morgan Group Waste Management, Inc. Bechtel Corporation Environ India American Waste Management Services, Inc. Recology Inc, Chloros Environmental Ltd Veolia, Covanta Holding Corporation, Suez, and others.
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Key findings of the study suggest:
- Global Hazardous Waste Management Market is anticipated to grow with a healthy growth rate of more than 5.8% over the forecast period 2023-2030.
- In the Type segment, Solid emerged out as the leading market segment in 2022.
- Asia Pacific is anticipated to drive regional growth owing to rapid industrialization and urbanization in the region.
- North America is expected to grow at higher rate owing to growing awareness of environmental sustainability in the region
Bizwit Research & Consulting has considered following segments for the study:
By Type:
- Solid
- Liquid
- Sludge
By Waste:
- Nuclear
- Chemical
- Biomedical
- Flammable
- Explosive
- Others
By Treatment:
- Physical and Chemical
- Thermal
- Biological
By Chemical Composition:
- Organic
- Inorganic
By Disposal Method:
- Deep Well Injection
- Detonation
- Engineered Storage
- Land Burial
- Ocean Dumping
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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