The global industrial waste management market is highly fragmented with the presence of global as well as regional/local players.
The industrial waste management market is driven by the regulations imposed by the state and federal bodies to facilitate a shift away from uncontrolled open dumping and landfill disposal towards more value-adding segments such as recycling and recovery. The motive behind the regulations is the waste hierarchy, which boosts demand for advanced technologies and services to effectively process these wastes.
In terms of generated industrial waste, the Asia-Pacific region is far ahead as compared to other regions across the globe. Most of the countries in the region continue to primarily focus on achieving high economic growth and pay little attention to waste management. As the existing industrial waste collection, processing and disposal systems of many Asian countries are grossly inadequate, such incremental growth will pose very serious environmental and economical challenges.
The global industrial waste management market is highly fragmented with the presence of global as well as regional/local players. The leading companies of industrial waste management market focus on the growth of their mergers & acquisitions with the key objective of serving various industry sectors with wide geographic presence. Between 2010 and 2013, mergers & acquisitions lead the growth strategies, accounting for around a share of 59%. The companies that lead in terms ofmergers & acquisitions are Daiseki Co. Ltd. (Japan), SembCorp (Singapore), and Remondis (Germany). The leading companies have been able to acquire regional/local waste management service providers in order to expand their range of operations. They are constantly focusing on the emerging regions to establish themselves as leading industrial waste management service providers.
Related Reports:
Industrial Waste Management Market by Services (Collection, Recycling, Incineration, Landfill) & Geography (Asia-Pacific, Europe, Middle East & Africa, Americas) - Global Trends and Forecasts to 2019
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