Market Synopsis
According to MRFR the analysis, the Global Liquid Waste Management Market was valued at more than USD 90.12 billion in 2018 and is expected to reach over USD 117.79 Billion by the end of 2025 at a CAGR of 3.8%.
The process of proper handling, disposing and treating of liquid waste is termed as liquid waste management. The demand for liquid waste management services is growing and is contributed by environmental regulations, waste-to-energy initiatives, and landfill diversion. Moreover, scarcity and demand for clean water is another factor driving the growth of the global market. Furthermore, the increasing concern over wastewater discharge from the industrial sector is also expected to position the growth of the industry.
Regulatory Analysis
The regulation set by different regulatory bodies for liquid waste management are as follows: The American Society for Testing and Materials – ASTM-D5495, for ‘sampling with a composite liquid waste sampler’; the European Union Standards, the Sewage Sludge Directive – Directive 86/278/EEC for, ‘use of sewage sludge in agriculture’; the Directive on the incineration of waste – Directive 2000/76/EC, for ‘setting emission limit for waste incineration plants within the EU’; Environmental Protection Agency EPA-K002/4/5 for ‘wastewater treatment sludge from the production of chrome and zinc pigments’.
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