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13 Dec 2022  |  North America  |  Market Research

Carbon Emission Reduction Benefits Drive Growth Opportunities for Hazardous Waste Management across the Globe

Transformative Mega Trends, Increasing Prices of Raw Materials, and Supply Chain Risks Set to Drive the Circular Economy Benefits of Reuse and Recycling

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Waste management, particularly hazardous waste, is becoming an increasingly complex issue and requires specific, novel collection and handling practices and special management. With population size and industrialization growing, the volume of waste generated may never decrease. With the ongoing gas and energy crisis, the need for energy security is...

South Korea has one of the highest per capita plastic packaging consumption rates globally, as well as one of the highest rates of collection and recycling. The country is strongly pushing the circular economy of plastic recycling through new policies and initiatives and is building on country-wide programs, such as waste disposal fees based on vol...

Plastic waste generation will increase in the coming years in China, mainly due to the fast development of the Chinese economy and progressing urbanization, posing significant environmental concern. Therefore, the incorporation of sustainable approach to manage plastic waste becomes critical. In 2018, China came out with plastic wastes ban to focus...

Policy level initiatives to meet greenhouse gas emission reduction targets and the drive to improve the air quality in urban cities are expected to keep supporting the sales growth in electric vehicles across the globe, which has already crossed 2 million units in 2019. Further, the consequent increase in spent lithium-ion batteries (LIBs) is likel...

The municipal waste management services market in Brazil is growing. The federal government has implemented public policies and plans, such as the National Basic Sanitation Plan (PLANSAB), to universalize basic sanitation and increase municipal waste collection levels by 2033. It aims to improve differentiated waste collection rates and eliminate i...

The global waste management industry is transitioning toward greater digital technology adoption with the growing availability and deployment of smart solutions such as smart bins and fleet management, cloud computing, customer interfaces, waste tracking systems, and AI robotic sorting. These solutions will significantly improve waste collection, t...

Climate change and the rapid pace of urbanization and industrialization have significantly increased water stress and affected the equitable availability of fresh water. This has led to the implementation of policies that favor water conservation and the embrace of solutions that enable the circular economy of water. Another aspect is the diversifi...

The omnipresent influence of plastics in modern lifestyle has led to the production of about 300 million tons of fossil fuel-based plastics annually, according to the UN. About half of the total plastics produced till date are thrown away after a single use, and about 60% of the waste ends up in landfills or accumulates in the environment. It is pr...

Industries and countries across the world are facing three crucial challenges: waste management, greenhouse gas emissions, and limited resource availability. Sustainably recycling and reusing products (i.e., supply chain circularization) can address these aforementioned challenges. Despite this advantage, the deployment of a circular economy in mos...