The global liquid
waste management market size is expected to reach USD 117.8
billion by 2025, according to a new report by Grand View Research, Inc.,
clocking in a 3.8% CAGR during the forecast period. Increasing toxicity and
safety concerns related to growing instances of waterborne diseases is expected
to drive growth over the forecast period.
The industry is widely influenced by factors such as
population, waste production rates, available disposal capacity, and disposal
sites. Rising global population and rapid industrialization in emerging
economies have driven the amount of sewage generated by the manufacturing and
service industry, thereby driving growth.
The industry is highly regulated in nature and
governed by stringent regulations set down by different associations and
ministries. The U.S. Environmental Protection Agency (EPA) and European
Commission administer these regulations to decrease the gap between waste
generation and management, which is expected to drive demand in the industry.
Industrial and residential sewage is often associated
with health concerns since improper disposal leads to pollution, environmental
toxicity and degradation, and soil contamination. Industrial chemical waste
poses serious threats, such as radiation risks or biological organisms, which
may lead to epidemic breakouts. This warrants the need for liquid waste
management solutions, thereby driving market growth.
The industry is highly competitive and characterized
by increasing technological challenges on account of changes in regulations and
presence of experienced competitors. Synergies between water, sewage, and
energy business lines set apart major players from local competition in the
liquid waste management service industry.
Browse full research report on Liquid Waste Management Market: https://www.grandviewresearch.com/industry-analysis/liquid-waste-management-market
Further
key findings from the report suggest:
- By source, the residential sector accounted for 42.8% of the
revenue in 2017 on account of increasing utilization of water per
household. This can be attributed to growing population in developing
countries such as India and Brazil
- Organic and non-hazardous waste generated by the commercial sector
accounted for 80.7% of the overall revenue in 2017 on account of rising
demand in the hospitality industry and high demand for water in the
medical sector
- On the basis of industry, the automotive sector amounted to USD
4.87 billion in 2017 of the overall revenue on account of large amount of
waste, including chemicals, oils, and wastewater, generated by the
industry
- The market in Brazil is expected to register a CAGR of 5.9% owing
to rising industrialization and increasing per capita water consumption in
households over the forecast period
- U.S. accounted for 22.6% of the revenue in 2017 on account of
stringent government regulations and presence of major players in the
market providing a range of environment services to commercial and
industrial sectors
- Major players in the industry compete on the basis of availability
of specialized equipment, skilled labor, diversity of services, service
quality, safety records, and prices to gain a larger share in the market.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment
Grand View Research has segmented the global liquid
waste management market on the basis of source, industry, service, and country:
Liquid
Waste Management Source Outlook (Revenue, USD Million, 2014 - 2025)
- Residential
- Commercial
- Toxic &
Hazardous
- Organic
& Non-Hazardous
- Industrial
- Toxic &
Hazardous
- Organic
& Non-Hazardous
Liquid
Waste Management Industry Outlook (Revenue, USD Million, 2014 - 2025)
- Textile
- Paper
- Iron &
Steel
- Automotive
- Pharmaceutical
- Oil & Gas
- Others
Liquid
Waste Management Service Outlook (Revenue, USD Million, 2014 - 2025)
- Collection
- Transportation/Hauling
- Disposal/Recycling
Liquid
Waste Management Country Outlook (Revenue, USD Million, 2014 - 2025)
- U.S.
- Canada
- France
- Germany
- Italy
- Spain
- U.K.
- Australia
- China
- India
- Japan
- South Korea
- Brazil
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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