The U.S. liquid waste
management market is expected to reach USD 22.5 Billion by 2025,
according to a new report by Grand View Research, Inc. Growing organic &
non-hazardous liquid waste generation through residential and commercial
sources is expected to drive demand over the forecast period.
Industrial & residential
liquid waste is often associated with water-borne diseases since improper
disposal of the waste leads to water pollution, environmental degradation, and
soil contamination. As a result, the demand for hygienic liquid waste management
services is expected to grow significantly over the forecast period.
A major trend arising from the
need to improve liquid waste management is the outsourcing of the services to
global & competitive players in order to improve the focus on sustainability
and meet stringent guidelines. In addition, the government undertakes
public-private partnership projects to enhance the efficiency of the waste
management process, which is expected to propel growth over the forecast
period.
U.S. liquid waste management
market revenue, by source, 2014 - 2025 (USD Billion)
Browse full research report on US Liquid Waste Management Market:
Further key findings from
the report suggest:
- Liquid waste
generated through residential sector accounted for 45.3% of the overall
revenue in 2016 on account of the high per capita discharge of wastewater
in states including California, Texas, Florida and New York
- Organic &
non-hazardous liquid waste accounted for the majority of the revenue share
in commercial sector owing to the high amount of liquid waste generated
through hospitality and medical industry
- Automotive
industry accounted for 5.5% of the total revenue generated through
treatment of the liquid waste in 2016 owing to the growing production of
vehicles in the eastern states of the country
- California
accounted for the largest revenue share in 2016 on account of the high
population growth coupled with growing tourism, pharmaceutical and
automotive industries in the state
- The market is
fragmented with few major players including Waste Management, Inc.,
Republic Services and Clean Harbors operating across the country. The
market is characterized by the major players acquiring local players to
increase the market share.
Access Press Release By Grand
View Research: http://www.grandviewresearch.com/press-release/us-liquid-waste-management-market-analysis
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, the company offers market intelligence studies ensuring relevant and
fact-based research across a range of industries including technology,
chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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