LONDON, July 7, 2016 /PRNewswire/ -- 2016 Global Outlook of the Waste Recycling Market : Smart Technologies to Drive Efficiency Improvements
Global waste volume generation is expected to increase from 20,955.5 million tons in 2015 to 22,072.1 million tons in 2016. This outlook study provides an overall update on the global waste recycling market in 2016, which consists of waste collection and disposal services covering the municipal solid waste, industrial waste, waste electrical and electronic equipment, and construction and demolition waste. The study offers predictions about revenue, services, and recycling rates, and examines the trends that are affecting different types of recycling.
Top Predictions for 2016
Global waste volume generation is expected to increase from Mton in 2015 to Mton in 2016.
The industrial segment is projected to generate the highest waste volume (15,790.0 Mton), followed by C&D ( Mton—data for Europe only), MSW ( Mton), and WEEE ( Mton).
Metallurgy and energy activities are projected to be responsible for highest industrial waste volumes.
APAC and Europe are expected to generate highest waste volumes, followed by the Americas and MEA.
The total MSW management services market was valued at $ billion in 2015. It is projected to increase % to $ billion in 2016. Collection, sorting, and recycling services are expected to be the top revenue generators.
The total industrial waste management services market was valued at $ billion in 2015, and is projected to increase % to reach $ billion in 2016. Collection, landfilling, and recycling services are expected to remain the largest revenue sources.
High revenue from recycling services will result from stringent waste policies across the regions and greater implementation of smart technologies for recovery of secondary materials from waste streams.
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