The global Construction Waste Management Market is growing significantly with a CAGR of 7% to reach a value of USD 488.9 billion in the year 2025.
Waste management needed in the rural areas as well as smart city of a country. As wastes create problem to the environment and can harm to the humans and animals on planet by spreading any kind of diseases and allergies. Wrong methods of waste disposal and landfills also cause environmental hazards and health issues; hence it has become need of the current and forecasted era to look out for this situation.
Major player who hold the market in worldwide are Advanced Disposal Services, Biffa Group, Clean Harbors, Inc., Covanta Holding Corporation, Hitachi Zosen Corporation, Remondis AG & Co. Kg, Suez Environment S.A.
Recent Biffa, the UK’s leading sustainable waste management business, and Nestlé Waters UK are delighted to announce a new partnership to help accelerate a circular economy for plastics in the UK. Biffa will be supporting Nestlé Waters UK to achieve its commitment of making every BUXTON® bottle from 100% recycled PET (recycled polyethylene terephthalate or rPET), by collecting recyclable PET bottles and reprocessing them here in the UK into rPET.
Further in future Biffa, the UK’s leading sustainable waste management business, is delighted to confirm it has joined OPRL (On-Pack Recycling Label). The not-for-profit organization aims to deliver simple and consistent recycling labels for packaging on goods, in order to help consumers recycle more effectively and ultimately help to increase the UK’s recycling rates.
Market segmentation based on type is Waste Monitoring, Waste Collecting, Waste Transporting, Waste Recycling, and Waste Disposing. Based on application it will be Residential Sector, Industrial Sector and Commercial Sector. Geographically, it spread into North America, Latin America, Asia-Pacific and Rest of the world. U.S dominated the waste generation in almost all types of waste across the globe. In 2020 analysis shows U.S solid waste management market is expected to cross USD 26 billion by 2025. Due to government initiatives along with using high technology adoption Europe hold the largest market share in the industry.
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