Home / Chemicals / Hazardous Waste Materials Market By Type Of Waste (Hazardous Waste Materials, Industrial And Manufacturing Waste Materials, Infectious & Pathological Waste Materials, Sharps, Pharmaceuticals Waste Materials) - Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Hazardous Waste Materials Market By Type Of Waste (Hazardous Waste Materials, Industrial And Manufacturing Waste Materials, Infectious & Pathological Waste Materials, Sharps, Pharmaceuticals Waste Materials) - Growth, Share, Opportunities & Competitive Analysis, 2015 -2022

Published: Apr 2016 | Report Code: 57807-04-16

Hazardous waste material is any material which on improper disposal may cause threat to the environment. These waste materials can be generated through variety of sources such as manufacturing units, pharmaceutical companies, and healthcare companies among other end-use industries globally. These wastes include infectious, corrosive, oxidizing, radioactive and explosive waste. Therefore, this kind of waste is termed as hazardous waste as it can cost a great loss to humans and animals. Hazardous waste material management plays a vital role in overall environment services market. The hazardous waste management market has consistently evolved since many years with adoption of advanced collection, treatment, recycling, and disposal methods. This system is relatively mature in the developed regions such as North America and Europe with high competition and lower profit margin in comparison with the developing region.

Regulations on waste and increasing awareness among governments regarding damage caused by untreated medical waste are the reasons boosting the growth of global hazardous waste materials market. Large amount of healthcare waste generated is the major driver for global hazardous waste materials market in 2016. Improper management of waste generated in the healthcare industry may be harmful to the health of the society, workers in the healthcare organization and environment. Infectious waste should be properly disposed to avoid fatal injuries and diseases in the surrounding. Therefore, high demand is reported for hazardous waste material management globally. Increasing waste management programs for waste material management in the developing economies has also led to high demand for hazardous waste material management, especially in China and India.

Hazardous waste material market was valued at US$ 25,340.0 Mn in 2016 and is expected to reach US$ 37,250.1 Mn by 2022, growing at a CAGR of 6.0% during the forecast period 2015-2022.

Hazardous Waste Materials Market

Purpose of the Report

The purpose of this strategic research study titled “Global Hazardous Waste Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global hazardous waste materials market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Hazardous Waste Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global hazardous waste materials market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on types of services, types of waste, types of treatment, types of treatment sites and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading hazardous waste material management vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within hazardous waste materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global hazardous waste materials market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

1. Methodology & Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List Of Data Sources

2. Executive Summary
2.1. Global Hazardous Waste Materials – Industry Summary
2.2. Key Buying Criteria
2.3. Market Segmentation
2.4. Market Size and Growth Prospects, 2012-2022
2.5. Global Hazardous Waste Materials Market - Value Chain Analysis
2.6. Vendor Landscape

3. Global Hazardous Waste Materials Dynamics
3.1. Market Driver Analysis
3.1.1. Large Amount Of Healthcare Waste Generated
3.1.2. Increasing Number Of Awareness Programs For Waste Management
3.2. Market Restraints Analysis
3.2.1. Requirement Of High Capital Investments
3.3. Key Opportunities Prioritized
3.3.1. Outsourcing Of Medical Waste Management Services
3.3.2. Technological Advancement
3.4. Challenges
3.4.1. Lack Of Stringent Regulations In Developing Countries

4. Industry Analysis
4.1. Global Hazardous Waste Materials Porter’s Analysis
4.1.1. Threat Of New Entrants
4.1.2. Threat Of Substitutes
4.1.3. Intensity Of Competitive Rivals
4.1.4. Bargaining Power Of Suppliers
4.1.5. Bargaining Power Of Buyers
4.2. Global Hazardous Materials Market – PESTEL Analysis
4.2.1. Political Factors
4.2.2. Economic Factors
4.2.3. Social Factors
4.2.4. Technological Factors
4.2.5. Environmental Factors
4.2.6. Legal Factors
4.3. Global Hazardous Waste Materials Market – Gap Analysis

5. Global Hazardous Waste Materials Market, By Type Of Waste, 2012 - 2022 ($ Million)
5.1. Global Hazardous Waste Materials Market, 2012 - 2022 ($ Million)
5.2. Global Industrial and Manufacturing Waste Materials Market 2012 - 2022 ($ Million)
5.3. Global Infectious & Pathological Waste Materials Market, 2012 - 2022 ($ Million)
5.4. Global Sharps Market, 2012 - 2022 ($ Million)
5.5. Global Pharmaceuticals Waste Materials Market, 2012 - 2022 ($ Million)
5.6. Other Hazardous Waste Materials Market 2012 - 2022 ($ Million)

6. Global Hazardous Waste Materials Market, By Service Types, 2012 - 2022 ($ Million)
6.1. Global Collection, Transportation, & Storage Market, 2012 - 2022 ($ Million)
6.2. Global Treatment & Disposal Market, 2012 - 2022 ($ Million)
6.3. Global Recycling Market, 2012 - 2022 ($ Million)
6.4. Global Other Services Market, 2012 - 2022 ($ Million)

7. Global Hazardous Waste Materials Market By Treatment Types, 2012 - 2022 ($ Million)
7.1. Global Incineration Market, 2012 - 2022 ($ Million)
7.2. Global Autoclaving Market, 2012 - 2022 ($ Million)
7.3. Global Chemicals Treatment Market, 2012 - 2022 ($ Million)

8. Global Hazardous Waste Materials Market By Treatment Sites, 2012 - 2022 ($ Million)
8.1. Global On Site Market, 2012 - 2022 ($ Million)
8.2. Global Off Site Market, 2012 - 2022 ($ Million)

9. Global Hazardous Waste Materials Market, Regional Outlook, 2012-2022 ($ Million)
9.1. North America
9.1.1. U.S.
9.1.2. Canada
9.1.2.1. Management Of Hazardous Wastes And Hazardous Recyclable Materials In Canada
9.1.2.2. Environment Canada Policy
9.1.3. Mexico
9.1.3.1. Laws and Regulation Regarding Hazardous Waste In Mexico
9.2. Europe
9.2.1. Germany
9.2.2. UK
9.2.2.1. Regulations related to hazardous waste in UK
9.2.3. Russia
9.2.3.1. Regulations related to hazardous waste management in Russia
9.3. Asia Pacific
9.3.1. China
9.3.1.1. Regulations related to hazardous waste management in China
9.3.2. India
9.3.3. South Korea
9.3.3.1. Regulations related to hazardous waste management in South Korea
9.3.4. Rest of Asia Pacific
9.4. Middle East & Africa
9.5. Central & South America
9.5.1. Brazil
9.5.1.1. Regulations related to hazardous waste management in Brazil

10. Competitive Landscape
10.1. Stericycle, Inc
10.1.1. Overview
10.1.2. Product Portfolio
10.1.3. Strategic Moves
10.1.4. Scot Analysis
10.2. Suez Environnement S.A.
10.2.1. Overview
10.2.2. Product Portfolio
10.2.3. Strategic Moves
10.2.4. Scot Analysis
10.3. Veolia Environnement S.A.
10.3.1. Overview
10.3.2. Product Portfolio
10.3.3. Strategic Moves
10.3.4. Scot Analysis
10.4. Clean Harbors, Inc
10.4.1. Overview
10.4.2. Product Portfolio
10.4.3. Strategic Moves
10.4.4. Scot Analysis
10.5. Republic Services, Inc.
10.5.1. Overview
10.5.2. Scot Analysis
10.6. Biomedical Waste Solutions, Llc
10.6.1. Overview
10.6.2. Product Portfolio
10.6.3. Scot Analysis
10.7. Remondis
10.7.1. Overview
10.7.2. Product Portfolio
10.7.3. Strategic Initiatives
10.7.4. Scot Analysis
10.8. Sharps Compliance, Inc.
10.8.1. Overview
10.8.2. Product Portfolio
10.8.3. Strategic Initiatives
10.8.4. Scot Analysis
10.9. Waste Management, Inc.
10.9.1. Overview
10.9.2. Product Portfolio
10.9.3. Financial Performances
10.9.4. Strategic Initiatives
10.9.5. Scot Analysis
10.10. Daniels Sharpsmart Inc
10.10.1. Overview
10.10.2. Product Portfolio
10.10.3. Strategic Initiatives
10.10.4. Scot Analysis

 

On the basis of type of waste, the hazardous waste materials market is categorized into following segments:

  • Industrial and manufacturing
  • Infectious & Pathological Waste
  • Pharmaceutical Waste
  • Sharps
  • Others

Hazardous Waste Materials Market

Hazardous waste is often termed as the waste which is toxic, infectious or radioactive. These wastes are known to be harmful to the environment which can lead to injuries or fatal diseases to humans and animals. Hazardous waste is generated by end-use industries, organizations, hospitals, etc. Therefore, hazardous waste is segmented into industrial and manufacturing waste, infectious & pathological waste, pharmaceutical waste, sharps and others. Among the above mentioned wastes, industrial and manufacturing waste accounted for larger share of the market in 2016. Industrial waste is considered to be the most harmful waste as the left out stuff majorly consist of useless materials generated during the manufacturing processes. Some of the wastes generated during manufacturing processes consist of sand paper, metals, paints, solvents and radioactive materials. Solvent and chemicals form the major part of industrial and manufacturing waste. These wastes can be fatal to the environment, humans and animals. Hence, the governments globally have set some parameters and have imposed regulations on the industries to minimize the industrial and manufacturing waste. The second most fatal waste is the one generated in the hospitals known as infectious and pathological waste. This waste is also equally harmful as it may consist of infectious agent, radioactive agent or genotoxic or cytotoxic chemical composition. Hence, such types of hazardous waste have to be properly treated to avoid diseases and fatal injuries in the environment. Pharmaceutical waste and sharps have also contributed to be one among the hazardous waste materials worldwide and is expected to increase in the near future. These wastes altogether have led to increase in demand for hazardous waste material management market.

Treatment Sites Segmentation Analysis

On the basis of types of waste, the hazard materials market is categorized into following treatment sites:

  • On Site
  • Off Site

Hazardous Waste Materials Market

Environment Protection Agency (EPA) is basically known as the hazardous waste generator in any organization, by site, whose act process hazardous waste. The two organizations that regulate the generation and transportation of hazardous waste include Environment Protection Agency (EPA) and Department of Transportation. Off-site accounted for larger share of hazardous waste material management service in 2016.  It is a popular waste management technique which is preferred by commercial entities, households, and industries. In this system, the waste if sent to remote place where it is treated and disposed. It doesn’t require high cost and hence is preferred on a large scale. Waste generated from the industries account for large scale of hazardous waste materials. Hence, industrial organizations are the chief adpters of onsite waste treatment market as they require specialized treatment facility. Pharmaceutical and chemical industries are among the major consumers of onsite hazardous waste materials management services. On-site waste management is less prevalent in the developing economies such as Asia Pacific due to high cost associated with collection, transportation and treatment of hazardous waste materials. However, the market is witnessing increase in entry of new players in the market since few years and is anticipated to experience steady growth during the forecast period from 2015 to 2022.

Treatment Types Segmentation Analysis

On the basis of types of waste, the hazardous waste materials market is categorized into following treatment types:

  • Sweetner
  • Binder
  • Encapsulation
  • Others

Hazardous Waste Materials Market

The hazardous waste material market is segmented on the basis of treatment types into incineration, autoclaving and chemical treatment market. Among the above stated treatment types, incineration accounted for major share of global hazardous waste materials market in 2016. It accounted for more than 45% of the market share. It is a treatment process which includes combustion of organic substances that are present in the waste materials that are been treated. High amount of hazardous waste materials released by pharmaceuticals, manufacturing and healthcare companies has led to high demand for incineration treatment in the market. Chemical treatment market accounted to be the second largest market for treatment type of hazardous waste materials market in 2016. Chemical treatment involves methods which include ion exchange, oxidation and reduction, precipitation and neutralization. Large amount of hazardous waste coming from the end-user industries is treated with chemicals to avoid pollution. Hence, high demand is poised for chemical treatment in hazardous waste materials management system and is expected to increase in the near future. Other treatment methods such as autoclaving have also acquired large market, especially in the healthcare sector. Disposable wastes from labs and hospitals which are contaminated with biological waste make use of autoclave treatment method on a large scale. Hence, high demand is reported for autoclave treatment method for hazardous waste materials market and is expected to grow during the forecast period from 2015 to 2022.

Service Types Segmentation Analysis

On the basis of types of waste, the hazardous waste material market is categorized into following service types:

  • Collection, Transportation & Storage Market
  • Treatment & Disposal Market
  • Recycling Market
  • Others

Hazardous Waste Materials Market

Hazardous waste comprises of highly toxic materials which needs to be safely disposed. The major waste material consists of waste acid, waste alkali, copper waste and inorganic cyanide waste. The waste generated from the pharmaceutical industry comprise of pathological and infectious waste. Such waste have to be collected in a proper manner, transported to a appropriate treatment centre and safely disposed off. Therefore, services such as collection, transportation & storage; treatment & disposal; recycling among others play a vital role in hazardous waste material management market. Treatment and disposal accounted for larger market share in comparison with other services in 2016. Most of the industries emit harmful chemicals and radiations. These chemicals and radiations have to be properly looked after to avoid fatal injuries. Hence, treatment and disposal plays a major role in hazardous waste material management services. Recycling was termed to be the second largest market for hazardous waste materials management market. Recycling of hazardous materials mainly refers to two components such as Reuse or Recycling and Recovery. Recycling has penetration power high in the developed regions such as Europe and North America. These regions reuse and recycle the hazardous waste materials which are used for other applications in various industries. This service is also expected to gain high importance in the emerging economies during the forecast period from 2015 to 2022.

On the basis of geography, the global hazardous waste material market is segmented into following categories,

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Russia
  • Asia Pacific
    • China
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
  • Central & South America
    • Brazil

Hazardous Waste Materials Market

North America dominated the global hazardous waste materials market in 2016. It accounted for more than 30% share of global hazardous waste materials market. Rising awareness for waste management programs in the region has boosted demand for hazardous waste material management in the region. In addition, growth in the waste from the pharmaceutical industry is the key factor for growth of hazardous waste material management in North America. U.S. is known to be the major country contributing in the waste management industry due to increasing population and increasing chronic diseases. Owing to such problems, presence of healthcare infrastructure has increased thereby causing high amount of hazardous waste. Europe stands at second position in terms of demand for hazardous waste material market globally. The factors such as government regulations and developed infrastructure have influenced the hazardous waste material market in Europe. Germany is the major producer of hazardous waste in the region. Therefore, high demand is observed for hazardous waste materials management from Europe. Asia Pacific is projected to be one of the emerging economies for hazardous waste material management and treatment market during the forecast period. Other regions such as Middle East and Central and South America are also anticipated to contribute to the growth of hazardous waste material market.

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