Showing posts with label Waste Recycling Services Market Growth. Show all posts
Showing posts with label Waste Recycling Services Market Growth. Show all posts

Friday, 7 October 2016

Waste Recycling Services Market Advanced technologies & growth opportunities in global Industry by 2024.

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The global waste recycling services market has emerged as amongst the most swiftly developing market. A number of technological developments are taking place in the market, thus positively impacting the development of the overall market. The increasing initiatives taken by governments globally in favor of recycling of waste products will provide impetus to the development of the market. Furthermore, the economical cost of labor will also fuel the growth of the market for waste recycling services.
This study provides an extensive understanding of the global waste recycling services market and presents historical data, facts, and statistically-supported as well as industry-validated data. It is a collation of first-hand information and quantitative and qualitative assessment by industry analysts. The study also incorporates top strategies of key players and highlights their top product offerings. The top segments and sub-segments in the market and their predicted status by the end of the forecast period have also been encapsulated.
Furthermore, the report also highlights the technological breakthroughs and the value chain analysis of the market for waste recycling services. The market dynamics impacting the development of the market come next in the report. These include the top opportunities, trends, and challenges faced by the market and their impact on the development of the market.
Waste Recycling Services Market: Drivers and Restraints
The global market for waste recycling services is fuelled by the increasing awareness about recycling globally and the soaring count of manufacturers operating in the market. In addition, the subsidies’ availability and introduction of strict environmental regulations have resulted in the adoption of waste recycling services by a number of companies across different sectors, thus boosting the growth of the overall market. Waste recycling services have been widely adopted by a number of industries such as agricultural and forestry, chemical, metallurgical, power and energy, construction, and textile. This will further provide impetus to the growth of the overall market.
On the other hand, the soaring cost involved in waste recycling services may hamper the development of the market. In addition, the growing utilization of natural resources within waste recycling services have also impeded the development of the overall market. Furthermore, the soaring demand and the restricted supply will negatively impact the growth of this market.
Waste Recycling Services Market: Region-wise Outlook
Geographically, the report categorizes the market into North America, Europe, Asia Pacific, and Rest of the World (RoW). Of these, Asia Pacific is predicted to lead the market in the coming years. This is owing to the presence of cheap labor shifting the focus of companies toward this region. In Asia Pacific, Japan has come up as the top country fuelling the development of the market for waste recycling services in this region owing to the fact that over 300 waste-to-energy plants have already been constructed in this nation in recent years.
On the other hand, both North America and Europe have exhibited moderate development in the market in the past few years. Majority of the demand for waste recycling services in North America comes from the U.S.
Key players Mentioned in the Report are:
The top players in this market are Eurokey Recycling Ltd., Northstar Recycling, Amdahl Corporation, Battery Council International (USA), Triple M Metal LP, Interface Inc., Epson Inc., Hewlett-Packard, Collins & Aikman, Xerox Corp., Fetzer Vineyards, Rubicon Global, and Zanker Road Landfill, among others.

Wednesday, 31 August 2016

Economic Incentives for Recycling, Use of Recycled Materials to Drive Waste Recycling Services Market, says TMR

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The rising amount of waste being produced across the world is the key driver for the global waste recycling market, according to a new report from Transparency Market Research. The report, titled ‘Waste Recycling Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024,’ presents a concise snapshot of the historical development of the global market and a detailed overview of the market’s current figures. The development prospects of the market in the coming years are provided in detail in the report, based on a solid analysis of the market’s current and past scenario.
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Waste recycling services have gained increasing demand in the last few years due to the growing realization of the extent of the problems caused by human waste. Due to the durability of many modern consumer goods, the materials in them can readily be recycled, providing a feasible way of dealing with the generation of waste as well as the rising scarcity of several raw materials.
The increasing concern about the environmental effects of waste has been crucial to mobilizing large-scale waste recycling operations. Human waste not only chokes the soil, but also contains several potentially toxic components that can have a devastating effect on the ecology at the dumping site. Toxic components in human waste can also become a health hazard for human populations near the dumping site.
Environmental regulations banning improper disposal of waste are a key driver for the global waste recycling services market. Many governments have also incentivized waste recycling, helping boost the demand from the global waste recycling services market. In addition to incentivizing recycling, incentive schemes have also been introduced for manufacturers making use of recycled materials in their production line. Sustained government support will be crucial for the waste recycling services market, as waste recycling is not always a profitable process for the operators.
Based on type of material, the global waste recycling services market is segmented into automotive, compost and food waste, glass and fiberglass, batteries, iron and steel, waste paper, wood, tire and rubber, scrap plastic, used consumer goods, used collectible items, used commercial goods, multi-material collection, and waste disposal and collection. Of these, automotive recycling was the leading contributor to the global market in 2015, with the associated segments of iron and steel and tire and rubber recycling also receiving significant demand. However, in the coming years, iron and steel recycling is expected to fall in demand due to the declining prices of steel.
Due to the easy availability of cheap labor in the region, Asia Pacific was the prime market for waste recycling services in 2015. The smooth growth of the manufacturing sector in Asia Pacific has contributed massively to the rising demand for waste recycling services in the region. The booming manufacturing sector in countries such as India, China, Japan, Taiwan, and South Korea is expected to ensure steady demand for waste recycling services in the coming years.
Leading market players profiled in the report include Northstar Recycling, Amdahl Corporation, Collins & Aikman, Triple M Metal LP, Zanker Road Landfill, Battery Council International, Fetzer Vineyards, Eurokey Recycling Ltd., Rubicon Global, Epson Inc., and Hewlett Packard.

Tuesday, 14 June 2016

Waste Recycling Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

The demand for waste recycling services has surged in recent years primarily due to the massive accumulation of various kinds of waste across the globe. Converting waste materials into reusable resources has gained much prominence thanks to several technological advancements in the field of waste recycling.
The global market for waste recycling services has been witnessing steady growth over the years and, according to the findings of a report by Transparency Market Research, this market is fast emerging as one of the most rapidly expanding industries.
Q. Which are the key factors contributing toward the growth of the global waste recycling services market?
A. Waste recycling services are employed in an increasing number of industries, including metallurgical, power, construction, forestry and agricultural, chemical, and textile. A significant drop in the prices of metal has resulted in the surging demand for iron and steel recycling services. The growing adoption as well as disposal of various personal electronic devices such as smartphones has generated massive amounts of e-waste, thereby fueling the demand for waste recycling services. The rising number of recycling facilities, government initiatives, and growing awareness about recycling and reuse have also contributed toward the growth of the global waste recycling services market.
Q. How has the introduction of new technologies benefited waste recycling services?
A. Most modern recycling plants – or materials recovery facilities, as they are often called – are equipped with new technologies, which are also being integrated with an increasing number of mixed waste processing facilities. This has enabled an increase in the diversion of materials from landfills and also helped maximize the recovery of marketable materials. The American Chemistry Council has found that the evolving technologies for recovering as well as recycling post-use resources have been creating opportunities for innovations and new strategies for players within the waste recycling services market.
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Q. What are some of the recent developments that have impacted the waste recycling services market?
A. In June 2015, Green Group’s GreenTech announced its plan to conduct a €2.3 mn project to improve the collection of recyclable waste from companies, retailers, hotels, restaurants, and residential as well as office buildings in 23 cities across Romania. The government of Norway is co-financing this project with €1 mn. Green Group is probably the largest group of waste recycling services in Eastern Europe and the project will not only collect around 15,200 tons of recyclable waste per year but also create at least 70 jobs at various waste collection points.
Last month, Enevo, a Finnish provider of intelligent wireless sensors for the optimization of waste collection, announced the second phase of the Paper and Cardboard Waste Fractions project, which deals with the use of dynamic route planning, waste management data analytics, and predictive waste management systems to build the circular economy of the Dutch city of Rotterdam. Partnering with Total Waste Systems (TWS), a Dutch waste and recycling company, and the municipality of Rotterdam, Enevo is working toward developing effective ways to minimize the cost of waste handling and also enable the incentivization of reuse and recycling.
Some of the leading companies competing in the global market for waste recycling services are Eurokey Recycling Ltd., Epson Inc., Triple M Metal LP, Northstar Recycling, Amdahl Corporation, Battery Council International (USA), Zanker Road Landfill, Rubicon Global, Fetzer Vineyards, Collins & Aikman, Hewlett-Packard, Interface Inc., and Xerox Corp.
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