U.S. Non-Hazardous Industrial Waste Market
Growth Factors of U.S. Non-Hazardous Industrial Waste Market
The global U.S. non-hazardous industrial waste market size was valued at USD 172.69 million in 2023 and is projected to grow from USD 182.83 million in 2024 to USD 307.23 million by 2032, exhibiting a CAGR of 6.70% during the forecast period of 2024-2032.
Due to the closedown of activities resulting from the COVID-19 pandemic, there has been a decrease in commercial waste generation for a while because of the closure in interest. The U. S. Non-Hazardous Industrial Waste Market became strong when industries returned to regular. However, this became hindered by strict environmental rules, therefore slowing down the U. S. non-hazardous industrial waste market growth.
Challenges using the growth of the U.S. Non-Hazardous Industrial Waste Market encompass multiplied industrialisation coupled with rising environmental requirements and an increasing emphasis on sustainable waste management. Growth in manufacturing and production units and healthcare facilities assists in improving and developing waste technology. In contrast, factors such as recycling and waste reduction support the market's boost.
The U. S. Non-Hazardous Industrial Waste Market has become more concerned with sustainability and a circular economy. This has ensured that companies utilise methods to control the usage of waste technology as well as enhance recycling quotes to reduce their impact on the environment, subsequently expanding the U.S. non-hazardous industrial waste market share globally. Also, a few emphases can be discovered on environmentally pleasant waste control practices, including the composting practices and anaerobic digestion of herbal wastes in which natural wastes are turned into valuable products, including compost and biogas.
Comprehensive Analysis of U.S. Non-Hazardous Industrial Waste Market
Disposal techniques, source, application, and area segment the U.S. Non-Hazardous Industrial Waste Market. Landfills dominate the disposal techniques phase due to their price-effectiveness and decreased emissions compared to incineration. At the same time, incineration is extensively adopted for green waste remedies. Manufacturing leads the source phase, generating substantial waste with excessive potential for discount and recycling, followed by agriculture. Thermal strength plant life dominates the software phase by changing waste to power, whilst cement kilns display promising growth. Geographically, the Northeast zone holds the most significant marketplace percentage due to full-size waste-to-strength (WTE) facilities, with growth additionally seen inside the Midwest, West, and South.
The North America region led the medical devices market by benefitting a size of USD 172.69 million in 2023 due to the increase in Iron and Steel manufacturing.
The leading players in the U.S. Non-Hazardous Industrial Waste Market significantly shape its growth trajectory and set industry standards. These key companies, including Veolia (France), Wheelabrator Technologies Inc. (England), SUEZ SA (France), Waste Management Inc. (U.S.), Covanta (U.S.), Enerkem (Canada), Ramboll Group (Denmark), Enexor BioEnergy (U.S.), Martin GmbH (Germany), Fulcrum BioEnergy Inc. (U.S.), and VLS Environmental Solutions (U.S.), contribute to a competitive landscape by driving innovation and advancements in waste management and sustainable practices.
In December 2023, WIN Waste Innovations made one of the most impactful moves ever when he started using fully electric trash trucks in Boston. The materials these cars are made from shall generate the energy needed to drive these cars from the waste they pick.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 6.70% from 2024 to 2032
Unit Value (USD Million) and Volume (Thousand Tons)
Segmentation By Disposal Methods
- Landfills
- Incineration
- Recycling
By Source
- Manufacturing
- Iron and Steel
- Pulp & Paper
- Food & Beverage
- Agriculture
- Others
By Application
- Thermal Power Plant
- Cement Kiln
- Others
By Zone
- West
- Midwest
- Northeast
- South
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