June 2, 2020

Hazardous Waste Materials Market Size, Share, Growth, Trends, Analysis, and Forecast To 2022

According to a new market report published by Credence Research “Hazardous Waste Materials Market By Type Of Waste (Hazardous Waste Materials, Industrial And Manufacturing Waste Materials, Infectious & Pathological Waste Materials, Sharps, Pharmaceuticals Waste Materials) – Growth, Share, Opportunities & Competitive Analysis, 2015 -2022,” the hazardous waste materials market was valued at US$ 25.3 Bn in 2016, and is expected to reach US$ 37.3 Bn by 2022, expanding at a CAGR of 6.6% from 2016 to 2022.

Market Insights

Hazardous waste management is known as the process of collection, treatment and disposal of waste materials generated by various end-user industries and manufacturing units. Improper handling of hazardous waste can lead to health hazards and fatal injuries. Hence, proper waste management techniques are adopted worldwide. Hazardous waste can be in the form of solid, liquids or gases. Hazardous wastes are classified based on its biological, physical and chemical properties. These materials differentiate between the materials for being either, ignitable, toxic, corrosive, radioactive or infectious.

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Rapid industrialization in both the developing and developed economies has led to increase in the waste generation. The waste from various industries such as pharmaceutical, healthcare can be toxic to humans and animals. This has led to demand for hazardous waste material management worldwide. Therefore, hazardous waste materials market is segmented on the basis of service types which include collection, transportation and storage, treatment and disposal, recycling and other services. Among these, treatment and disposal dominated the global hazardous waste materials market. Treatment and disposal technology offers benefits such as reduction of volume at required areas, detoxification, and separation of components and recovery of material. These waste materials are disposed and stored in the form of detonation, land burial and engineered storage. Other services are also anticipated to experience steady demand in the near future.

Competitive Insights:

Hazardous waste materials market is segmented based on types of waste into industrial & manufacturing waste materials; Infectious & pathological waste materials; Sharps; Pharmaceutical and Others. Industrial and manufacturing waste accounted for larger share of global hazardous waste material market. Infectious and pathological waste accounted for second largest market and is expected to rise in the near future due to rising health concerns and increasing healthcare infrastructures. Other waste types are also expected to experience growth in during the forecast period. On the basis of treatment types, hazardous waste materials market is further bifurcated into incineration, autoclaving and chemical treatment. Incineration dominated the global market of hazardous waste materials in 2016. Incineration is a type of thermal treatment which is used for waste treatment processes. This process leads to combustion of organic substance present in the waste material. Chemical treatment is another factor contributing to the growth of global hazardous waste materials market. Other types are also projected to boost market demand for hazardous waste materials market during the forecast period from 2016 to 2022.

Key Trends:

  • Avoid health problems
  • Effective waste management
  • Proper disposal of waste material
  • Technological advancement

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Table of Content

1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List Of Data Sources

2. Executive Summary
2.1. Global Hazardous Waste Materials – Industry Summary
2.2. Key Buying Criteria
2.3. Market Segmentation
2.4. Market Size and Growth Prospects, 2012-2022
2.5. Global Hazardous Waste Materials Market – Value Chain Analysis
2.6. Vendor Landscape

3. Global Hazardous Waste Materials Dynamics
3.1. Market Driver Analysis
3.1.1. Large Amount Of Healthcare Waste Generated
3.1.2. Increasing Number Of Awareness Programs For Waste Management
3.2. Market Restraints Analysis
3.2.1. Requirement Of High Capital Investments
3.3. Key Opportunities Prioritized
3.3.1. Outsourcing Of Medical Waste Management Services
3.3.2. Technological Advancement
3.4. Challenges
3.4.1. Lack Of Stringent Regulations In Developing Countries

4. Industry Analysis
4.1. Global Hazardous Waste Materials Porter’s Analysis
4.1.1. Threat Of New Entrants
4.1.2. Threat Of Substitutes
4.1.3. Intensity Of Competitive Rivals
4.1.4. Bargaining Power Of Suppliers
4.1.5. Bargaining Power Of Buyers
4.2. Global Hazardous Materials Market – PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic Factors 
4.2.3. Social Factors
4.2.4. Technological Factors
4.2.5. Environmental Factors
4.2.6. Legal Factors
4.3. Global Hazardous Waste Materials Market – Gap Analysis

5. Global Hazardous Waste Materials Market, By Type Of Waste, 2012 – 2022 ($ Million)
5.1. Global Hazardous Waste Materials Market, 2012 – 2022 ($ Million) 
5.2. Global Industrial and Manufacturing Waste Materials Market 2012 – 2022 ($ Million) 
5.3. Global Infectious & Pathological Waste Materials Market, 2012 – 2022 ($ Million) 
5.4. Global Sharps Market, 2012 – 2022 ($ Million) 
5.5. Global Pharmaceuticals Waste Materials Market, 2012 – 2022 ($ Million) 
5.6. Other Hazardous Waste Materials Market 2012 – 2022 ($ Million)

6. Global Hazardous Waste Materials Market, By Service Types, 2012 – 2022 ($ Million)
6.1. Global Collection, Transportation, & Storage Market, 2012 – 2022 ($ Million)
6.2. Global Treatment & Disposal Market, 2012 – 2022 ($ Million) 
6.3. Global Recycling Market, 2012 – 2022 ($ Million) 
6.4. Global Other Services Market, 2012 – 2022 ($ Million)

7. Global Hazardous Waste Materials Market By Treatment Types, 2012 – 2022 ($ Million)
7.1. Global Incineration Market, 2012 – 2022 ($ Million) 
7.2. Global Autoclaving Market, 2012 – 2022 ($ Million) 
7.3. Global Chemicals Treatment Market, 2012 – 2022 ($ Million)

8. Global Hazardous Waste Materials Market By Treatment Sites, 2012 – 2022 ($ Million)
8.1. Global On Site Market, 2012 – 2022 ($ Million) 
8.2. Global Off Site Market, 2012 – 2022 ($ Million)

9. Global Hazardous Waste Materials Market, Regional Outlook, 2012-2022 ($ Million)
9.1. North America 
9.1.1. U.S.
9.1.2. Canada Management Of Hazardous Wastes And Hazardous Recyclable Materials In Canada Environment Canada Policy 
9.1.3. Mexico Laws and Regulation Regarding Hazardous Waste In Mexico
9.2. Europe
9.2.1. Germany
9.2.2. UK Regulations related to hazardous waste in UK
9.2.3. Russia Regulations related to hazardous waste management in Russia
9.3. Asia Pacific
9.3.1. China Regulations related to hazardous waste management in China
9.3.2. India
9.3.3. South Korea Regulations related to hazardous waste management in South Korea
9.3.4. Rest of Asia Pacific
9.4. Middle East & Africa
9.5. Central & South America
9.5.1. Brazil Regulations related to hazardous waste management in Brazil

10. Competitive Landscape
10.1. Stericycle, Inc
10.2. Suez Environnement S.A.
10.3. Veolia Environnement S.A.
10.4. Clean Harbors, Inc
10.5. Republic Services, Inc.
10.6. Biomedical Waste Solutions, Llc
10.7. Remondis
10.8. Sharps Compliance, Inc.
10.9. Waste Management, Inc.
10.10. Daniels Sharpsmart Inc

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