refers to the waste produced by industrial activity which comprises of any material which is unusable throughout a manufacturing process of factories, mills, industries and mining activities. Waste management is an assortment, shipping, and clearance of garbage, sewage and other waste products. It is the process of giving solid wastes and deals variety of solutions for recycling items that don’t fit to trash. Some of the solid wastes are municipal, agricultural and special like healthcare, sewage sludge.
Companies are themselves accountable for their industrial waste management and particularly their hazardous waste. Local government authorities also offer counseling, consulting and commendations to administration on their management plan for further eco-friendly production process.
Waste management presented waste lessening schemes, administering waste transport, monitoring and assigning budget, developing promotional material, dealing with the grievances from public and conducting investigations to their concern, monitoring quality and performance of waste collection facilities.The global market for industrial waste management
was estimated to be $XX billion in 2015 and is estimated to grow at a CAGR of XX% and is forecast to reach $XX billion by 2021. The industrial waste management is forecast to have the highest growth of X% during the forecast period 2016-2021. Automobile and electronic industries are the major end-users for industrial waste management.
Asia-Pacific is the leading market for industrial waste management in 2015 and is forecast to have highest growth in the next few years due to growing adoption of waste management in industrial applications. North-America industrial waste management accounts to XX% of the global market for industrial waste management and is one among the fastest growing market followed by Europe. North America and APAC are estimated to occupy a share of more than XX% during 2016-2021.
The major players in the Industrial Waste Management Industry include:
- AERATION INDUSTRIES
- DEMON GmbH
- Summit Equipment, Inc.
- Waste Processing Equipment, Inc.
- WT ENERGY S.p.A.