PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128358
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1128358
Liquid Waste Management Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
Key Market Insights
"Obligatory government regulations globally drives the liquid waste management market"
The global liquid waste management market is expected to grow at a CAGR of 3.5% during the forecast period from 2022 to 2030, starting from US$ 96.46 Bn in 2021.
Waste is a global issue, waste when not disposed properly can be a serious threat to public health. Liquid waste management includes a series of activities such as processing, collection and disposal of liquid waste. The increasing awareness for hygiene and government regulation globally supports the growth of the liquid waste management market. Moreover, Urbanization, population growth, and economic development are some of the key factors increasing the liquid waste generation. The increasing wealth of countries and the shift towards urban areas increases the per capita generation of liquid waste globally. This rapid population growth as well as urbanization demands improved liquid waste collection and treatment services. For instance, The United Nations Department of Economic and Social Affair Report in 2018 suggests that 55% of the population worldwide lives in urban cities and expected to rise more than 68% by 2050. The reports also suggests that 90% of increase in urban population will take place in the Asia and Africa regions.
"High Volume of liquid waste generated from a number of industries fuels the market growth"
The increasing awareness and concerns about rising number of cases from water-borne diseases globally is a key factor that gives rise to improved liquid waste management services. Thereby, increasing the demand for liquid waste management market. Additionally, various government initiatives for disposal of liquid waste such as Waste disposal Act, Registration, Evaluation, Authorization and Restriction of Chemicals and Environment Protection Agency supports the market growth.
Source Analysis
"Immense use of water in the residential sector supports the market growth"
Residential segment dominated the overall liquid waste management market. The residential sector consumes majority of water in various household activities. Thereby, leads to increase per capita waste water generation. Sewage is the main liquid waste from residential sector. The National Waste Report 2018 in Australia suggests that in 2017 about 1,900 GL of sewage was discharged from the residential sector. Liquid waste is also disposed from households as food waste that is significant part of overall liquid waste. Moreover, as per data released of by Government of India, suggests that about 62,000 million liters of sewage is generated in urban areas of India per day while the treatment capacity across India is only 37% of the total sewage generation. Aforesaid factors are the key reasons for the growth of liquid waste management market.
Regional Analysis
"Availability of optimum funds and skilled manpower supports growth of the market"
North America dominated the liquid waste management market in 2021. The countries in North America such as U.S and Canada are equipped with abundant amount of capital that is essential for the functioning and maintenance of liquid waste management services and infrastructure. Moreover, resilient regulation by the government and regulatory bodies for disposal and treatment of waste water are some of the key factor for the dominance of the market. Increasing trends for commercial spaces such as shopping malls and hospitality sector and water-based products in the pharmaceuticals sector supports the growth of the market in the North American region. Major manufacturers in the North America region are focusing to provide new and improved services for treating liquid wastes in the region.
List of Companies Covered:
WM Intellectual Property Holdings, L.L.C
GFL Environmental Inc.
Clean Harbors, Inc.
Hulsey Environmental Services
Veolia
Remondis SE & Co. KG
Heritage
Covanta Holding Corporation
Suez
Enva
Cleanaway
Chemtex
Key Industry Developments:
In July 2019, Kuwait Integrated Petroleum Industries Company (KIPIC) announced to entrust Veolia for operation of waste water treatment plant at KIPIC's refinery. The AI Zour refinery is one of the largest petrochemical refinery that is capable to produce 615,000 barrels per day. With the help of Veolia it can refine for about 1.5 million barrels a day. The seven year contract between Veolia and KIPIC aims to manage refinery's waste treatment plant that can recycle 1,500 m3 per hour.
In January 2020, GFL Environmental Inc. acquired America Waste. The America waste is the leading provider of solid and liquid waste management solutions. Through the acquisition GFL Environmental Inc. aims to increase its service offering in the North American region.
In May 2018, Enva Group (previously known as DCC Environmentsl) acquired Rilta Environmental. Rilta is a leading provider for hazardous waste services to industrial, commercial and local authority in Ireland, through the acquisition Enva aims to become a leading provider of hazardous waste management services in Ireland.
In July 2019, GFL Environmental Inc. acquired recycling processor Canada Fiber Ltd. Canada Fiber provides recycling services to municipalities across Ontario and Toronto. GFL provides non-hazardous solid and liquid waste management in Canada and United States.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Liquid Waste Management market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Liquid Waste Management market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Billion
Segmentation
Service
Collection
Transportation
Disposal
Source
Residential
Industrial
Commercial
Industry
Pharmaceutical
Iron & Steel
Oil & Gas
Automotive
Others (Textile, Paper, etc.)
Region Segment (2020-2030; US$ Billion)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Billion )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Liquid Waste Management market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Liquid Waste Management market?
Which is the largest regional market for Liquid Waste Management market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Liquid Waste Management market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Liquid Waste Management market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Liquid Waste Management Market
- 2.2. Global Liquid Waste Management Market, By Service , 2021 (US$ Billion)
- 2.3. Global Liquid Waste Management Market, By Source , 2021 (US$ Billion)
- 2.4. Global Liquid Waste Management Market, By Industry , 2021 (US$ Billion)
- 2.5. Global Liquid Waste Management Market, By Geography, 2021 (US$ Billion)
- 2.6. Impact of Covid 19
- 2.7. Attractive Investment Proposition by Geography, 2021
- 2.8. Competitive Analysis
- 2.8.1. Market Positioning of Key Liquid Waste Management Market Vendors
- 2.8.2. Strategies Adopted by Liquid Waste Management Market Vendors
- 2.8.3. Key Industry Strategies
3. Liquid Waste Management Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Liquid Waste Management Market Value, 2020 - 2030, (US$ Billion)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Collection
- 4.3.2. Transportation
- 4.3.3. Disposal
5. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Residential
- 5.3.2. Industrial
- 5.3.3. Commercial
6. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. Pharmaceutical
- 6.3.2. Iron & Steel
- 6.3.3. Oil & Gas
- 6.3.4. Automotive
- 6.3.5. Others (Textile, Paper, etc.)
7. North America Liquid Waste Management Market, 2020-2030, USD (Billion)
- 7.1. Market Overview
- 7.2. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 7.3. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 7.4. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 7.5.Liquid Waste Management Market: By Region, 2020-2030, USD (Billion)
- 7.5.1.North America
- 7.5.1.1. U.S.
- 7.5.1.2. Canada
- 7.5.1.3. Rest of North America
- 7.5.1.North America
8. UK and European Union Liquid Waste Management Market, 2020-2030, USD (Billion)
- 8.1. Market Overview
- 8.2. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 8.3. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 8.4. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 8.5.Liquid Waste Management Market: By Region, 2020-2030, USD (Billion)
- 8.5.1.UK and European Union
- 8.5.1.1. UK
- 8.5.1.2. Germany
- 8.5.1.3. Spain
- 8.5.1.4. Italy
- 8.5.1.5. France
- 8.5.1.6. Rest of Europe
- 8.5.1.UK and European Union
9. Asia Pacific Liquid Waste Management Market, 2020-2030, USD (Billion)
- 9.1. Market Overview
- 9.2. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 9.3. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 9.4. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 9.5.Liquid Waste Management Market: By Region, 2020-2030, USD (Billion)
- 9.5.1.Asia Pacific
- 9.5.1.1. China
- 9.5.1.2. Japan
- 9.5.1.3. India
- 9.5.1.4. Australia
- 9.5.1.5. South Korea
- 9.5.1.6. Rest of Asia Pacific
- 9.5.1.Asia Pacific
10. Latin America Liquid Waste Management Market, 2020-2030, USD (Billion)
- 10.1. Market Overview
- 10.2. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 10.3. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 10.4. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 10.5.Liquid Waste Management Market: By Region, 2020-2030, USD (Billion)
- 10.5.1.Latin America
- 10.5.1.1. Brazil
- 10.5.1.2. Mexico
- 10.5.1.3. Rest of Latin America
- 10.5.1.Latin America
11. Middle East and Africa Liquid Waste Management Market, 2020-2030, USD (Billion)
- 11.1. Market Overview
- 11.2. Liquid Waste Management Market: By Service , 2020-2030, USD (Billion)
- 11.3. Liquid Waste Management Market: By Source , 2020-2030, USD (Billion)
- 11.4. Liquid Waste Management Market: By Industry , 2020-2030, USD (Billion)
- 11.5.Liquid Waste Management Market: By Region, 2020-2030, USD (Billion)
- 11.5.1.Middle East and Africa
- 11.5.1.1. GCC
- 11.5.1.2. Africa
- 11.5.1.3. Rest of Middle East and Africa
- 11.5.1.Middle East and Africa
12. Company Profile
- 12.1. WM Intellectual Property Holdings, L.L.C
- 12.1.1. Company Overview
- 12.1.2. Financial Performance
- 12.1.3. Product Portfolio
- 12.1.4. Strategic Initiatives
- 12.2. GFL Environmental Inc.
- 12.2.1. Company Overview
- 12.2.2. Financial Performance
- 12.2.3. Product Portfolio
- 12.2.4. Strategic Initiatives
- 12.3. Clean Harbors, Inc.
- 12.3.1. Company Overview
- 12.3.2. Financial Performance
- 12.3.3. Product Portfolio
- 12.3.4. Strategic Initiatives
- 12.4. Hulsey Environmental Services
- 12.4.1. Company Overview
- 12.4.2. Financial Performance
- 12.4.3. Product Portfolio
- 12.4.4. Strategic Initiatives
- 12.5. Veolia
- 12.5.1. Company Overview
- 12.5.2. Financial Performance
- 12.5.3. Product Portfolio
- 12.5.4. Strategic Initiatives
- 12.6. Remondis SE & Co. KG
- 12.6.1. Company Overview
- 12.6.2. Financial Performance
- 12.6.3. Product Portfolio
- 12.6.4. Strategic Initiatives
- 12.7. Heritage
- 12.7.1. Company Overview
- 12.7.2. Financial Performance
- 12.7.3. Product Portfolio
- 12.7.4. Strategic Initiatives
- 12.8. Covanta Holdings Corporation
- 12.8.1. Company Overview
- 12.8.2. Financial Performance
- 12.8.3. Product Portfolio
- 12.8.4. Strategic Initiatives
- 12.9. Suez
- 12.9.1. Company Overview
- 12.9.2. Financial Performance
- 12.9.3. Product Portfolio
- 12.9.4. Strategic Initiatives
- 12.10. Enva
- 12.10.1. Company Overview
- 12.10.2. Financial Performance
- 12.10.3. Product Portfolio
- 12.10.4. Strategic Initiatives
- 12.11. Cleanaway
- 12.11.1. Company Overview
- 12.11.2. Financial Performance
- 12.11.3. Product Portfolio
- 12.11.4. Strategic Initiatives
- 12.12. Chemtex
- 12.12.1. Company Overview
- 12.12.2. Financial Performance
- 12.12.3. Product Portfolio
- 12.12.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 2 Global Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 3 Global Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
- TABLE 4 North America Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 5 North America Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 6 North America Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
- TABLE 7 UK and European Union Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 8 UK and European Union Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 9 UK and European Union Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
- TABLE 10 Asia Pacific Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 11 Asia Pacific Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 12 Asia Pacific Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
- TABLE 13 Latin America Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 14 Latin America Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 15 Latin America Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
- TABLE 16 Middle East and Africa Liquid Waste Management Market By Service , 2020-2030, USD (Billion)
- TABLE 17 Middle East and Africa Liquid Waste Management Market By Source , 2020-2030, USD (Billion)
- TABLE 18 Middle East and Africa Liquid Waste Management Market By Industry , 2020-2030, USD (Billion)
List of Figures
- FIG. 1 Global Liquid Waste Management Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Liquid Waste Management Market: Quality Assurance
- FIG. 5 Global Liquid Waste Management Market, By Service , 2021
- FIG. 6 Global Liquid Waste Management Market, By Source , 2021
- FIG. 7 Global Liquid Waste Management Market, By Industry , 2021
- FIG. 8 Global Liquid Waste Management Market, By Geography, 2021
- FIG. 9 Global Liquid Waste Management Market, By Service , 2021 Vs 2030, %
- FIG. 10 Global Liquid Waste Management Market, By Source , 2021 Vs 2030, %
- FIG. 11 Global Liquid Waste Management Market, By Industry , 2021 Vs 2030, %
- FIG. 12 U.S. Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 13 Canada Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 14 Rest of North America Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 15 UK Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 16 Germany Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 17 Spain Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 18 Italy Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 19 France Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 20 Rest of Europe Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 21 China Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 22 Japan Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 23 India Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 24 Australia Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 25 South Korea Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 26 Rest of Asia Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 27 Brazil Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 28 Mexico Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 29 Rest of Latin America Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 30 GCC Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 31 Africa Liquid Waste Management Market (US$ Billion), 2020 - 2030
- FIG. 32 Rest of Middle East and Africa Liquid Waste Management Market (US$ Billion), 2020 - 2030
