(MENAFN- America News Hour) Research Nester published a report titled
“ liquid waste management market : Global Demand Analysis & Opportunity Outlook 2030”
which delivers detailed overview of the global liquid waste management market in terms of market segmentation by service, source, end user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global liquid waste management market is expected to garner a large revenue by growing at a CAGR of ~5% throughout the forecast period, i.e., 2022 – 2030, owing to the rising rate of urbanization around the world, rapidly growing population, and increasing number of manufacturing activities globally that result in the generation of toxic chemicals. Furthermore, growing awareness about limited natural resources is also estimated to fuel the expansion of market in the coming years.
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The market is segmented on the basis of service, source, and end user. On the basis of end user, the pharmaceutical segment is anticipated to gather the largest share during the forecast period in view of the high toxicity of effluents emitted from the industry. Additionally, the oil and gas segment is also expected to grab a significant market share during the forecast period owing to the large amount of waste generated in various operations of this industry.
Regionally, the global liquid waste management market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. Asia Pacific is expected to witness the highest growth in the market over the forecast period, which can be attributed to the escalating population in emerging economies such as China and India, rising water requirements and increasing water recycling activities in the region.
The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Rapidly Increasing Urbanization Worldwide to Drive Market Growth
Over 50 percent of the world population lives in urban areas. This growing population needs access to basic services and infrastructure, along with high water consumption. To meet the rise in water required by people as a result of urbanization and industrialization, the market is projected to witness noteworthy growth over the forecast period.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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However, high price of liquid waste management systems is expected to operate as key restraint to the growth of the global liquid waste management market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global liquid waste management market which includes company profiling of Suez Environment S.A., Clean Harbors Inc., Republic Services Inc., Stericycle, Veolia Environmental Services North America Corporation, WM Intellectual Property Holdings LLC, Covanta Holding Corporation, Chemtex Inc., Teracycle, Inc., Ovivo, Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global liquid waste management market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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