Waste Recycling Market

Waste Recycling Market Overview

Waste recycling is defined as a method of processing used materials into new, useful products. This process helps in reducing the amount of waste materials and allows the reuse of several materials. The waste recycling process is also helping the communities to clean the environment through innovative recycling programs. Recycling waste means conserving natural resources, saves energy, and is creating innumerable job opportunities around the world. The global market for waste recycling market has been segmented on the basis of application type, waste type, and by geographical region.

To have an edge over the competition by knowing the market dynamics and current trends of “Waste Recycling Market,” request for Sample Report here

Major Waste Recycling Market Drivers

The strong demand for recycling of waste, increasing environmental awareness, rapid industrialization, followed by the significant rise in the rate of the population, are the major factors responsible for driving the growth of the Global Waste Recycling Market. With the growing urbanization, the government of numerous nations has implemented stringent norms and regulations to restrict the open dumping activities of waste material, which will have a positive impact on the growing demand of the market. In addition to this, the increasing number of dumping places around the world is encouraging the adoption of waste recycling services to protect the environment. The global companies are launching various initiatives and contributing to the charitable activities to reduce the impact of waste material caused to the environment. On the other end of the spectrum, the rapidly increasing cost of labor is a factor that will hamper the growth of the market in the coming years.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the Application type, the market is segmented into Metallurgical, Chemical, Agriculture and Forestry, Textile, Power and Energy, and Construction Industry. Among these, the construction industry segment is projected to grow at a higher CAGR over the forecast period. This is attributed to the drastic expansion in the construction industry at the global level. The increasing number of ongoing construction projects, such as the development of smart cities and other projects, will lead to significant growth in the waste generated from the construction industry, thereby propelling the growth of the segment.

On the basis of waste type, the market is segmented into Compost and Food Waste, Glass and Fiberglass, Metal Scraps, Waste Paper, Electronic Waste, Liquids, Tire & Rubber, Wood Recycling, and Others. The Compost and Food Waste segment is anticipated to lead the market over the forecast period owing to the rapid expansion in the food industry across numerous platforms, such as retail shops and online platforms. Additionally, the introduction of various food delivery applications, which provides the easy option of home delivery will further increase the amount of waste generated from the food industry.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis

On the basis of region, the Asia-Pacific region is expected to grow at a higher CAGR over the forecast period. The accelerated production and consumption level of the Asian countries driven by the rapid increase in population rate and changing lifestyle of the people is the key factor responsible for producing a large amount of waste in this region. Japan is one of the largest markets for waste recycling and has recently constructed more than 300 waste-to-energy plants. All these factors are boosting the growth of the market over the forecast period.

Top Market Players

Various notable players operating in the market include Eurokey Recycling Group, Northstar Recycling Company Inc., Triple M Metal LP, Battery Council International, Seiko Epson Corporation, Zanker Landscape Material, Rubicon Technologies LLC, SUEZ, Veolia Environment S.A, and Daiseki Co. Ltd., among others.

Key Developments: 

• • In 2020, Seiko Epson Corporation announced to produce face masks for donation during the coronavirus crisis. The company will use paper recycling technology and will distribute these masks to its employee.

Segments covered in the Report:

The global Waste Recycling market has been segmented on the basis of Application Type, Waste Type and Regions. Based on Application Type, the market is segmented into Metallurgical, Chemical, Agriculture and Forestry, Textile, Power and Energy, and Construction Industry. Based on Waste Type, the market is segmented into Compost and Food Waste, Glass and Fiberglass, Metal Scraps, Waste Paper, Electronic Waste, Liquids, Tire & Rubber, Wood Recycling, and Others.

 For detailed scope of the “Waste Recycling Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Waste Recycling market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Waste Recycling market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Waste Recycling market?
  • Which waste type generated maximum revenues in 2019 and identify the most promising waste type during the forecast period?
  • What are the various application areas of global Waste Recycling market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Application Type, By Waste Type, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Eurokey Recycling Group, Northstar Recycling Company Inc., Triple M Metal LP, Battery Council International, Seiko Epson Corporation, Zanker Landscape Material, Rubicon Technologies LLC, SUEZ, Veolia Environment S.A, and Daiseki Co. Ltd, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Waste Recycling Market by Application Type

• • Metallurgical
  • Chemical
  • Agriculture and Forestry
  • Textile
  • Power and Energy
  • Construction Industry

Global Waste Recycling Market by Waste Type

• • Compost and Food Waste
  • Glass and Fiberglass
  • Metal Scraps
  • Waste Paper
  • Electronic Waste
  • Liquids
  • Tire & Rubber
  • Wood Recycling
  • Others

Global Waste Recycling Market by Region

• • North America Waste Recycling Market (Option 1: As a part of the free 25% customization)

• • • North America Market by Application Type
    • North America Market by Waste Type
    • US Market All-Up
    • Canada Market All-Up

• • Europe Waste Recycling Market (Option 2: As a part of the free 25% customization)

• • • Europe Market by Application Type
    • Europe Market by Waste Type
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

• • Asia-Pacific Waste Recycling Market (Option 3: As a part of the free 25% customization)

• • • Asia-Pacific Market by Application Type
    • Asia-Pacific Market by Waste Type
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

• • RoW Waste Recycling Market (Option 4: As a part of the free 25% customization)

• • • RoW Market by Application Type
    • RoW Market by Waste Type
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Waste Recycling (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Eurokey Recycling Group
  • Northstar Recycling Company Inc.
  • Triple M Metal LP
  • Battery Council International
  • Seiko Epson Corporation
  • Zanker Landscape Material
  • Rubicon Technologies LLC
  • SUEZ
  • Veolia Environment S.A
  • Daiseki Co. Ltd