Worldwide Liquid Waste Management Industry to 2026 – Featuring Enva, Cleanway and Clean Harbors Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Liquid Waste Management Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global liquid waste management market is expected to grow at a compound annual growth rate of 5.12% over the forecast period.
The market would be driven by the surging number of waters borne diseases such as Malaria, Typhoid, diarrhoea, Cholera, and other related diseases, which causes safety concerns and increasing toxicity, among individuals. The market is also expected to be driven by the rising population, increasing urbanization, surging liquid waste from residential areas, industries, and others.
Companies Mentioned
- Enva
- Cleanway
- Clean Harbors Inc
- Covanta Holding Corporation
- Hulsey Environmental Services
- GFL Environmental Services
- Suez
- Veolia
- Remondis SE & Co. KG
- WM Intellectual Property Holdings
Increasing Number of Water Borne Diseases
Some of the most common water-borne diseases are Typhoid, Cholera, diarrhoea, and Malaria. According to the World Health Organization, Cholera is considered to be an acute diarrheal disease, that can kill an individual within a few hours, if not treated. There are around 1.3 million to 4 million cases of cholera every year, and around 21,000 to 143,000 deaths had been due to cholera, every year. Cholera can be considered as an epidemic or endemic. Other diseases also called widespread damage, if left untreated.
Diarrhoea is also one of the major waters borne diseases, and a leading cause of death. The World Health Organization stated that diarrhoea is a major cause of death in children, below five years of age. The diseases are both treatable and preventable. There are approx. 525,000 children die from diarrhoea, every year. There are approximately 1.7 billion cases of diarrhoea, globally, every year. The major causes of diarrhoea are due to the lack of availability of safe drinking water, lack of liquid waste management projects and initiatives, and proper hygiene and sanitation. Acute Watery diarrhoea is one of the most common water born diarrhoea diseases, which last for several or days. It could kill an individual within hours if left untreated. Dehydration is also one of the most common effects of diarrhoea. Severe dehydration can lead to sunken eyes, lethargy, skin pinch and unable to drink and eat properly.
Safe Drinking Water and Sanitation Initiatives to Drive the Market Growth
One of the major factors in driving the liquid waste management market growth would be the initiatives launched to enhance and improve safe drinking water and sanitation facilities. According to the United Nations Report, one in three people, globally, don’t have proper access to safe drinking water, and more than 892 million people, worldwide, still practice open defecation. The COVID-19 Pandemic had shown the imperativeness of adequate access to clean, water, sanitation, and hygiene facilities. Water scarcity is also one of the major concerns, which would propel the liquid waste management market growth in the coming years. It affects more than 40%, globally, and the percentage is expected to surge in the next decade.
Regional Outlook
Europe and North America are expected to have a major share in the market, because of stringent government regulations, high disposable incomes, excellent infrastructure, and the presence of major players in the region. In Europe, wastewater is usually managed through the Council Directive in Urban Water Treatment. The wastewater is also managed by other directives such as the EU Water Framework Directive, Bathing Water Directive, and Ground Water Directive. In the European Union, wastewater is usually not considered within the scope of the circular economy. The region had developed the Waste Framework Directive to treat sludge, from wastewater treatment plants. In the United States, according to Government Data, there is a need for USD 271 billion worth of wastewater infrastructure projects.
Only approx. USD 45 billion worth of projects had been built in the country. Approx. 76% of the United States population relies on 14,748 treatment plants. Around 8 million sludge is created annually by the wastewater treatment plants and 4% of the country’s electricity is used to treat wastewater. One of the major challenges in the country is to maintain the efficiency of the plants as it had been becoming less effective, with time. Asia Pacific region is also expected to have a major share in the market because of the rising urbanization, considerable population, increasing income, and major investments in infrastructure projects.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Liquid Waste Management Market Analysis, By Source
5.1. Introduction
5.2. Industrial
5.3. Commercial
5.4. Residential
6. Global Liquid Waste Management Market Analysis, By Service
6.1. Introduction
6.2. Disposal/Recycling
6.3. Transportation
6.4. Collection
7. Global Liquid Waste Management Market Analysis, By End-User
7.1. Introduction
7.2. Oil and Gas
7.3. Iron and Steel
7.4. Automotive
7.5. Textile
7.6. Others
8. Global Liquid Waste Management Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.3. South America
8.4. Europe
8.5. The Middle East and Africa
8.6. Asia Pacific
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/z28ywp
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