PUBLISHER: Grand View Research | PRODUCT CODE: 1301225
PUBLISHER: Grand View Research | PRODUCT CODE: 1301225
Liquid Waste Management Market Size, Share & Trends Analysis Report By Source (Residential, Commercial), By Industry (Textile, Paper), By Service (Transportation, Collection), By Region, And Segment Forecasts, 2023 - 2030
Liquid Waste Management Market Growth & Trends
The global liquid waste management market size is anticipated to reach USD 114.87 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period. The growing utilization of water per household globally is expected to drive liquid waste generation in the residential and commercial sectors. Factors, such as stringent regulations coupled with ongoing investments in various industries, such as oil & gas, petrochemical, and chemical, are expected to drive the demand for wastewater secondary treatment equipment, which is expected to further drive the demand for liquid waste management. For instance, The Bipartisan Infrastructure Legislation (BIL) offers support to local economies and makes the most of federal infrastructure initiatives already in place to meet the demand for wastewater infrastructure in disadvantaged areas of the country.
For instance, the BIL offers USD 11.7 billion through the Clean Water State Revolving Fund (CWSRF), with 49% of funds accessible as grants as of March 2022. These aforementioned initiatives will further drive the market expansion in the coming years.The discharge of untreated wastewater and other liquid waste from homes, municipal facilities, and industries into water bodies causes water pollution, thereby, threatening the environment as well as human and animal life. The collection and treatment of sewage and wastewater are very critical for public health as well as clean water. Thus, the U.S. government has introduced stringent regulations and standards for wastewater treatment for both municipal and industrial sectors, which is expected to drive the market over the forecast period.
For instance, The Clean Water Act is a vital federal government act that establishes a regulatory structure for pollutant discharges into water bodies and regulates the quality standards for surface waters. In addition, the U.S. Environmental Protection Agency has implemented pollution control programs under the Clean Water Act.Industrial & residential waste or sewage is often associated with health concerns since improper disposal of waste leads to pollution, environmental toxicity & degradation, and soil contamination among other nuisances. Strong odor, unsightliness, and other hazards associated with waste, such as breeding grounds for insects and pests, have also made it crucial to develop appropriate processing and treatment facilities for waste.
Key companies are strategizing to increase revenue generation, with a focus on R&D, mergers & acquisitions, and geographic expansion. For instance, in March 2023, Stericycle, Inc. and UPS Healthcare collaborated to look after the reverse logistics of medical waste. As a result of the collaboration, a variety of medical waste categories, including sharps, pharmaceutical wastes, and biohazardous are transported, treated, & disposed of. Furthermore, in February 2022, Republic Services, Inc. and U.S. Ecology, Inc. entered into an agreement through which Republic Services acquired outstanding shares in cash of U.S. Ecology for USD 48 per share.
Liquid Waste Management Market Report Highlights
- The automotive segment is expected to grow at the fastest CAGR during the forecast period. According to the U.S. EPA, the automotive sector is responsible for generating about 75 billion ounces of paint sludge per year, which is mostly dumped into landfills. OEMs and automotive aftermarkets in the U.S. generate large amounts of liquid wastewater and other similar waste, including engine & motor oils, transmission & brake fluids, antifreeze & coolant, solvents, and others, thereby driving the market demand
- Rising social awareness related to the limited availability of natural resources, increasing sustainability, and conservation measures coupled with regulations aiding enhanced waste management techniques are expected to nurture new technologies in the industry. Iron & steel makers are also being compelled to comply with reuse & recycle ideologies, which, in turn, are expected to boost enhanced wastewater and liquid waste recovery practices
- The residential segment accounted for a dominant share of the global revenue in 2022. The increasing utilization of water per household is expected to drive liquid waste generation in the residential sector. Water is used for different applications in the residential sector; therefore, with rapid population growth in the country, the demand for water in several applications is increasing, resulting in a significant rise in the amount of per capita wastewater generated
- The U.S. is anticipated to grow at a progressive CAGR over the forecast period. According to the American Society of Civil Engineers (ASCE) 2017 Infrastructure Report, it is estimated that around 56 billion people will be connected to centralized treatment plants by 2032. These aforementioned factors will propel the market expansion over the forecast period
- In March 2022, Covanta Holding Corp. increased its ownership in Covanta Green Jersey Assets Ltd., Covanta Green Protos Holding Ltd., & Covanta Green UK Ltd., which own 4 WTE facilities in the UK, following EQT Infrastructure's acquisition of Green Investment Group's 50% stake in those entities. EQT Infrastructure will cover the purchase price and any additional equity required to complete the construction
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Liquid Waste Management Market Variables, Trends & Scope
- 3.1. Market Segmentation & Scope
- 3.2. Penetration and Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Market Challenge Analysis
- 3.6.4. Market Opportunity Analysis
- 3.7. Business Environment Analysis: Liquid Waste Management Market
- 3.7.1. Industry Analysis - Porter's
- 3.7.1.1. Supplier Power
- 3.7.1.2. Buyer power
- 3.7.1.3. Threat of substitutes
- 3.7.1.4. Threat of new entrants
- 3.7.1.5. Competitive rivalry
- 3.7.2. PESTEL Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Economic Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technological Landscape
- 3.7.2.5. Environmental Landscape
- 3.7.2.6. Legal Landscape
- 3.7.1. Industry Analysis - Porter's
- 3.8. Economic Mega Trend
Chapter 4. Liquid Waste Management Market: Source Estimates & Trend Analysis
- 4.1. Source Movement Analysis & Market Share, 2022 & 2030
- 4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.2. Residential
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3. Commercial
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.3.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 4.4. Industrial
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 4.4.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
Chapter 5. Liquid Waste Management Market: Industry Estimates & Trend Analysis
- 5.1. Industry Movement Analysis & Market Share, 2022 & 2030
- 5.2. Textile
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.2.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.3. Paper
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.3.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.4. Iron & Steel
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.4.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.5. Automotive
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.5.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.6. Pharmaceutical
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.6.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.7. Oil & Gas
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.7.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
- 5.8. Others
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 5.8.2. Market estimates and forecasts, by category, 2018 - 2030 (USD Billion)
Chapter 6. Liquid Waste Management Market: Service Estimates & Trend Analysis
- 6.1. Service Movement Analysis & Market Share, 2022 & 2030
- 6.2. Collection
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.3. Transportation
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 6.4. Treatment, Disposal/Recycling
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Liquid Waste Management Market: Regional Estimates & Trend Analysis
- 7.1. Regional Movement Analysis & Market Share, 2022 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.2. U.S.
- 7.2.2.1. Macroeconomic Outlook
- 7.2.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.3. Canada
- 7.2.3.1. Macroeconomic Outlook
- 7.2.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.2.4. Mexico
- 7.2.4.1. Macroeconomic Outlook
- 7.2.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.2. France
- 7.3.2.1. Macroeconomic Outlook
- 7.3.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.3. Germany
- 7.3.3.1. Macroeconomic Outlook
- 7.3.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.4. Italy
- 7.3.4.1. Macroeconomic Outlook
- 7.3.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.5. UK
- 7.3.5.1. Macroeconomic Outlook
- 7.3.5.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.3.6. Spain
- 7.3.6.1. Macroeconomic Outlook
- 7.3.6.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.2. China
- 7.4.2.1. Macroeconomic Outlook
- 7.4.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.3. India
- 7.4.3.1. Macroeconomic Outlook
- 7.4.3.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.4. Japan
- 7.4.4.1. Macroeconomic Outlook
- 7.4.4.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.5. Australia
- 7.4.5.1. Macroeconomic Outlook
- 7.4.5.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.4.6. South Korea
- 7.4.6.1. Macroeconomic Outlook
- 7.4.6.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5. Middle East & Africa
- 7.5.1. Saudi Arabia
- 7.5.1.1. Macroeconomic Outlook
- 7.5.1.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5.2. UAE
- 7.5.2.1. Macroeconomic Outlook
- 7.5.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.5.1. Saudi Arabia
- 7.6. Central & South America
- 7.6.1. Brazil
- 7.6.1.1. Macroeconomic Outlook
- 7.6.1.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.2. Argentina
- 7.6.2.1. Macroeconomic Outlook
- 7.6.2.2. Market estimates and forecasts, 2018 - 2030 (USD Billion)
- 7.6.1. Brazil
Chapter 8. Liquid Waste Management Market: Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Overview
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Market Share Analysis
- 8.8. Company Heat Map Analysis
- 8.9. Strategy Mapping
Chapter 9. Company Profiles
- 9.1. Valicor Environmental Services
- 9.2. Veolia
- 9.3. Clean Harbors, Inc.
- 9.4. Covanta Holding Corporation
- 9.5. Stericycle, Inc.
- 9.6. Waste Management, Inc.
- 9.7. US Ecology, Inc.
- 9.8. Republic Services, Inc.
- 9.9. Heritage-Crystal Clean, LLC
- 9.10. Liquid Environmental Solutions (LES)
- 9.11. APS Environmental
- 9.12. Hazardous Waste Experts
- 9.13. DC Water
- 9.14. Pistoni S.r.l.
- 9.15. Clean Water Environmental
List of Tables
- Table 1. Liquid waste management market estimates and forecasts, by source, 2018 - 2030 (USD Billion)
- Table 2. Liquid waste management market estimates and forecasts, by industry, 2018 - 2030 (USD Billion)
- Table 3. Liquid waste management market estimates and forecasts, by service, 2018 - 2030 (USD Billion)
- Table 4. U.S. Macroeconomic Outlook
- Table 5. Canada Macroeconomic Outlook
- Table 6. Mexico Macroeconomic Outlook
- Table 7. France Macroeconomic Outlook
- Table 8. Germany Macroeconomic Outlook
- Table 9. Italy Macroeconomic Outlook
- Table 10. UK Macroeconomic Outlook
- Table 11. Spain Macroeconomic Outlook
- Table 12. China Macroeconomic Outlook
- Table 13. India Macroeconomic Outlook
- Table 14. Japan Macroeconomic Outlook
- Table 15. Australia Macroeconomic Outlook
- Table 16. South Korea Macroeconomic Outlook
- Table 17. Saudi Arabia Macroeconomic Outlook
- Table 18. UAE Macroeconomic Outlook
- Table 19. Brazil Macroeconomic Outlook
- Table 20. Argentina Macroeconomic Outlook
- Table 21. Recent Developments & Impact Analysis, By Key Market Participants
- Table 22. Company Market Share, 2022
- Table 23. Company Heat Map Analysis, 2022
- Table 24. Key Companies undergoing expansion
- Table 25. Key Companies involved in mergers & acquisition
List of Figures
- Fig 1. Market Segmentation & Scope
- Fig 2. Information Procurement
- Fig 3. Data Analysis Models
- Fig 4. Market Formulation And Validation
- Fig 5. Data Validating & Publishing
- Fig 6. Market Snapshot
- Fig 7. Segment Snapshot
- Fig 8. Competitive Landscape Snapshot
- Fig 9. Penetration and Growth Prospect Mapping
- Fig 10. Value Chain Analysis
- Fig 11. Market Dynamics
- Fig 12. Liquid Waste Management Market PORTER's Analysis
- Fig 13. Liquid Waste Management Market PESTEL Analysis
- Fig 14. Liquid Waste Management Market, By Source: Key Takeaways
- Fig 15. Liquid Waste Management Market: Source Movement Analysis & Market Share, 2022 & 2030
- Fig 16. Residential market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 17. Commercial market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 18. Commercial market estimates & forecasts, by source type, 2018 - 2030 (USD Billion)
- Fig 19. Industrial market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 20. Industrial market estimates & forecasts, by source type, 2018 - 2030 (USD Billion)
- Fig 21. Liquid Waste Management Market, By Industry: Key Takeaways
- Fig 22. Liquid Waste Management Market: Industry Movement Analysis & Market Share, 2022 & 2030
- Fig 23. Textile waste market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 24. Paper waste market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 25. Iron & Steel market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 26. Automotive market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 27. Pharmaceutical market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 28. Oil & Gas market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 29. Others market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 30. Liquid Waste Management Market, By Service: Key Takeaways
- Fig 31. Liquid Waste Management Market: Service Movement Analysis & Market Share, 2022 & 2030
- Fig 32. Collection market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 33. Transportation market estimates & forecasts, 2018 - 2030 (USD Billion)
- Fig 34. Treatment, Disposal/Recycling market estimates & forecasts, 2018 - 2030 (USD Billion)
