Pune, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Waste Recycling Services Market report analyses top opportunities in the market and summarizes the features that are and will drive the progress of the industry. Report also focus on earlier growing patterns, growth drivers, and present and upcoming trends, and estimate the overall development of the global Waste Recycling Services market during 2023-2028.
Waste Recycling Services market analyze sales, revenue, consumption, market share, development plans, types, applications, and key players. Also analyses expansions, agreements, new product launches, and acquisitions.
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Market Analysis and Insights: Global Waste Recycling Services Market
This report studies the Waste Recycling Services market. Recycling is the process of converting waste materials into new materials and objects. It is an alternative to "conventional" waste disposal that can save material and help lower greenhouse gas emissions (compared to plastic production, for example). Recycling can prevent the waste of potentially useful materials and reduce the consumption of fresh raw materials, thereby reducing: energy usage, air pollution (from incineration), and water pollution (from landfilling). Recycling is a key component of modern waste reduction and is the third component of the "Reduce, Reuse, and Recycle" waste hierarchy. Thus, recycling aims at environmental sustainability by substituting raw material inputs into and redirecting waste outputs out of the economic system.
Recyclable materials include many kinds of glass, paper, and cardboard, metal, plastic, tires, textiles, and electronics. The composting or other reuse of biodegradable waste—such as food or garden waste—is also considered recycling. Materials to be recycled are either brought to a collection center or picked up from the curbside, then sorted, cleaned, and reprocessed into new materials destined for manufacturing.
The global Waste Recycling Services market size is projected to reach US$ 509460 million by 2028, from US$ 404340 million in 2021, at a CAGR of 3.3% during 2022-2028.
Global Waste Recycling Services key players include Veolia Environnement, Suez Environnement, Waste Management, Republic Services, etc. Global top four manufacturers hold a share about 5%.
USA is the largest market, with a share over 30%, followed by Europe and China, both have a share about 40 percent.
In terms of application, the largest application is Municipal, followed by Agricultural, Construction, Industrial, etc.
Global Waste Recycling Services Market: Segment Analysis
The research report includes specific segments by region (country), company, type, and application. This study provides information about the sales and revenue during the historic and forecasted period
Types: -
- Compost & Food Waste
- Glass & Fiberglass
- Waste Paper
- Waste Disposal & Collection
- Used Commercial Goods
- Iron and Steel
- Battery Recyling
- Liquids Oils & Chemicals
- Multi-Material Collection
- Others
Applications: -
- Municipal
- Agricultural
- Construction
- Industrial
- Others
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Geographic Segmentation: -
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Major players in the global market include: -
- Veolia Environment
- Suez Environment
- Waste Management
- Republic Services
- Stericycle
- Clean Harbors
- Waste Connections
- ADS Waste Holdings
- Casella Waste Systems
- Covanta Holding
- Remondis
- Parc
- Kayama
- Shirai
- China Recyling Development
- New COOP Tianbao etc
- Tsuneishi Kamtecs
- KUMASEI
- DOWA ECO-SYSTEM
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Key Benefits of Waste Recycling Services Market Research: -
- Industry drivers, restraints, and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- Overview of the regional outlook of the Waste Recycling Services Market
TOC of Waste Recycling Services Market Research Report: -
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Waste Recycling Services Market Size Growth Rate by Type: 2017 VS 2021 VS 2028
1.2.2 Compost & Food Waste
1.2.3 Glass & Fiberglass
1.2.4 Waste Paper
1.2.5 Waste Disposal & Collection
1.2.6 Used Commercial Goods
1.2.7 Iron and Steel
1.2.8 Battery Recyling
1.2.9 Liquids Oils & Chemicals
1.2.10 Multi-Material Collection
1.2.11 Others
1.3 Market by Application
1.3.1 Global Waste Recycling Services Market Share by Application: 2017 VS 2021 VS 2028
1.3.2 Municipal
1.3.3 Agricultural
1.3.4 Construction
1.3.5 Industrial
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Waste Recycling Services Market Perspective (2017-2028)
2.2 Waste Recycling Services Growth Trends by Region
2.2.1 Waste Recycling Services Market Size by Region: 2017 VS 2021 VS 2028
2.2.2 Waste Recycling Services Historic Market Size by Region (2017-2022)
2.2.3 Waste Recycling Services Forecasted Market Size by Region (2023-2028)
2.3 Waste Recycling Services Market Dynamics
2.3.1 Waste Recycling Services Industry Trends
2.3.2 Waste Recycling Services Market Drivers
2.3.3 Waste Recycling Services Market Challenges
2.3.4 Waste Recycling Services Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Waste Recycling Services Players by Revenue
3.1.1 Global Top Waste Recycling Services Players by Revenue (2017-2022)
3.1.2 Global Waste Recycling Services Revenue Market Share by Players (2017-2022)
3.2 Global Waste Recycling Services Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Waste Recycling Services Revenue
3.4 Global Waste Recycling Services Market Concentration Ratio
3.4.1 Global Waste Recycling Services Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Waste Recycling Services Revenue in 2021
3.5 Waste Recycling Services Key Players Head office and Area Served
3.6 Key Players Waste Recycling Services Product Solution and Service
3.7 Date of Enter into Waste Recycling Services Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Waste Recycling Services Breakdown Data by Type
4.1 Global Waste Recycling Services Historic Market Size by Type (2017-2022)
4.2 Global Waste Recycling Services Forecasted Market Size by Type (2023-2028)
5 Waste Recycling Services Breakdown Data by Application
5.1 Global Waste Recycling Services Historic Market Size by Application (2017-2022)
5.2 Global Waste Recycling Services Forecasted Market Size by Application (2023-2028)
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