Waste is an inevitable by-product of our use of natural resources. The types of waste generated includes dirt and gravel, masonry and concrete, scrap metals, oil, trash, solvents, chemicals, weed grass and trees, wood and scrap lumber, coal ash, boiler slags, and similar waste.
The global waste management market is segmented on the basis of their services which include collection, recycling, incineration, and landfill. The market is further segmented on the basis of regions such as Asia-Pacific, Europe, Middle East & Africa, and Americas. Each segment has been analyzed with respect to its market trends, growth trends, and future prospects. The data has been analyzed from 2011 to 2020, and all quantitative data regarding segmentation is mentioned in terms of value ($Million).
The global waste management market is expected to cross $1 trillion by 2020, growing at a CAGR of 8.92% from 2016 to 2020. In terms of market size, Asia-Pacific stood first followed by Europe and America in 2013. Between 2016 and 2020, the region is expected to witness the highest growth at a CAGR of 11.4%, to reach $687.0 billion by 2020, from $389.61 billion in 2013.
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