Liquid Waste Management Market
Liquid wastewater management helps in both chemical and physical treatment of toxic contaminates. Due to the large-scale industries emerging every year, toxic waste products along with grease, oil, solids, gases, sludges, etc are discharged into water. These bi-products are extremely hazardous for the environment and are fuelling the demand for better liquid waste management. The global liquid waste management market size is expected to reach USD 117.38 billion at a CAGR of 3.8% over 2017-2027.
The key factor driving liquid wastewater management is the increasing water-borne diseases in the past few years. The high volume of toxic produced in several industries is yet again a major contributor to the growth of this market. The rising population and awareness among people regarding the importance of hygiene will also foster the growth of the market in the forecasted period.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the Liquid Waste Management market and profiled in the report are:
Suez Environment S.A.
Veolia Environmental Services
North America Corp
Clean Harbors Environmental Services
Republic Services Inc
The U.S accounted for a market share of 22.2% in 2019 due to the emerging commercial, residential and industrial sectors. In 2019, China was seen to have the second-largest presence in the global market and is forecast to register a growth rate of 3.5% over 2017-2027. The increasing concern of the government for environmental pollution, industrialization, and economic growth is the major factor boosting industry growth in the APAC region. France holds over 6.3% of the total market share and is expected to witness significant growth in the forecast period.
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The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2020-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Based on product types, the market is segmented into :
Based on applications, the market is segmented into :
The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the Liquid Waste Management market and its competitive landscape.
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