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Circular Economy Redefining the GCC Waste Management Market, 2021
Circular Economy Redefining the GCC Waste Management Market, 2021
Regional Plans to Achieve Self-sufficiency and In-country Local Value Addition Creating Growth Opportunities
30-Mar-2021
South Asia, Middle East & North Africa
$4,950.00
Special Price $3,712.50 save 25 %
Description
Globally, governments and private industries are finding innovative methods to shift to circular economy models for sustainable growth. Circular economy models aim to maximize resource value and eliminate waste by improving the design of materials, products, systems, and businesses. Large organizations that are redevising their business strategies towards circularity can expect greater stability and efficiency among their supply chains. This will have a positive implication for the economy and the environment. The GCC has a high potential for circular economy models as the country is facing the adverse effects of their current waste management practices, which are mostly linear models. By embracing circular economy models, GCC countries can achieve sustainable growth, which is the objective of their federal government.
Municipal waste management is a major concern in the GCC. The total waste generated is expected to increase from 128 Mn MT in 2019 to as high as 164 Mn MT per annum by 2025, across the GCC. The existing landfilling strategies will not be able to handle this increase. This will result in a need for alternative mechanisms to tackle waste.
The critical gap in the present waste management value chain is source segregation. The GCC countries do not follow adequate source segregation but have an efficient collection and transportation system.
Frost & Sullivan expects the GCC to make an aggressive shift towards integrated waste management, with an emphasis on “waste-to-value” methods like recycling. This can already be seen in the form of recent tenders for waste management in the GCC, as well as in the broader Middle East and North Africa region. This will also cause severe disruptions to the existing waste management industry, which has so far been primarily focused on aspects of collection and transportation. Additionally, there is also a need for greater focus on optimizing the segregation process, both at source and material recovery facilities. Such disruptions will result in the emergence of opportunities in the sector for companies that can deliver solutions around segregation, recycling, treatment, and waste-to-energy solutions across services, technology, and equipment. The opportunities would not be limited to equipment specific to waste, and even energy equipment and pollution control equipment manufacturers stand to gain, with the anticipated increase in demand for boilers, incinerators, flue-gas treatment systems, etc.
Waste management companies must focus on skill development, partnerships, and technology acquisition.
Frost & Sullivan believes that municipalities in the GCC will play a key role in accelerating optimization through benchmarking, assessing successful models in other regions, and implementing those learnings in the regional context. This is expected to encourage technology and IIOT adoption in the waste management sector. Smart bins, drones, and AI/data analytics are all expected to be deployed in the waste management value chain in the long term to improve recycling and efficiency.
Key Issues Addressed
- What are the circular economy growth opportunities?
- what are the key market trends driving the growth?
- What are the digital trends in waste management?
- Who are the key companies operating in waste management sector in the GCC?
- What should waste management service providers do to benefit from the identified growth opportunities?
Author: Nideshna Varatharajan
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Highlights in the Gulf Cooperation Council (GCC) Waste Management Market
Challenges Faced by the GCC Waste Management Industry Due to COVID-19
GCC Historic Waste Generation
Top Predictions for 2021
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on GCC Waste Management Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Market Segmentation
2021 Middle East Economic Outlook—Top Predictions
Middle East—GDP Growth
Saudi Arabia and Qatar—GDP Growth Outlook
Middle East—Key Economic Developments
Material Consumption in the GCC Region—Key Facts and Trends
Circular Economy Concept and Opportunities
Circular Economy Potential Opportunity Size in the GCC
Circular Economy—Global Case Study 1
Circular Economy—Global Case Study 2
GCC Waste Generation by Segment in 2020 and 2021
GCC Waste Generation by Country in 2021
Segment-wise Waste Generation Forecasts 2019–2025
COVID-19 Impact in 2020
Key 2021 GCC Waste Management Market Trends
Prediction 1—Zero Waste/Zero Landfills to be a Key Point of Focus for Governments Across the GCC
Prediction 2—Waste-to-Energy will be a Key Aspect of an Integrated Waste Management Strategy
Prediction 3—Sustainable Packaging will be Driven by the Private Sector Across the Food & Beverage, eCommerce, and FMCG Industries
Prediction 4—Digital Solutions will be Implemented by Waste Management Companies, Particularly for Waste Bin Management and Waste Sorting
Prediction 5—Closed-loop Recycling Systems will Evolve in the Medium-term, Particularly for Plastic Waste Management
Prediction 6—Reverse Cycles will Evolve to Promote Remanufacturing and the Recycling Value Chain and Improve Resource Intensity
2021 Market Snapshot—Municipal Solid Waste
Municipal Solid Waste—Companies to Watch Out for
2021 Market Snapshot—Plastic Waste
Plastic Waste—Companies to Watch Out for
2021 Market Snapshot—Lead-acid Battery Waste
Lead-acid Battery Waste—Companies to Watch Out for
2021 Market Snapshot—C&D Waste
C&D Waste—Companies to Watch Out for
Growth Opportunity 1: Plastic-to-Fuel for Enabling Circular Economy and Reducing Environmental Impact, 2021
Growth Opportunity 1: Plastic-to-Fuel for Enabling Circular Economy and Reducing Environmental Impact, 2021 (continued)
Growth Opportunity 2: Used Lead-acid Battery Recycling Solutions for Environmentally Safe Disposal of Hazardous Waste, 2021
Growth Opportunity 2: Used Lead-acid Battery Recycling Solutions for Environmentally Safe Disposal of Hazardous Waste, 2021 (continued)
Growth Opportunity 3: Production of Recycled Products for Use in Construction Sector, 2021
Growth Opportunity 3: Production of Recycled Products for Use in Construction Sector, 2021 (continued)
Growth Opportunity 4: Waste-to-Energy Plants for Treating Non-recyclable Solid Waste, 2021
Growth Opportunity 4: Waste-to-Energy Plants for Treating Non-recyclable Solid Waste, 2021 (continued)
Growth Opportunity 5: Remanufacturing Solutions to Address Sustainability and Climate Change Targets, 2021
Growth Opportunity 5: Remanufacturing Solutions to Address Sustainability and Climate Change Targets, 2021 (continued)
Growth Opportunity 6: Metals Recycling Solutions to Reduce Carbon Emissions and Environmental Footprint, 2021
Growth Opportunity 6: Metals Recycling Solutions to Reduce Carbon Emissions and Environmental Footprint, 2021 (continued)
Key Conclusions
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
Abbreviations and Acronyms Used
Learn More—Next Steps
Popular Topics
Key Issues Addressed
- What are the circular economy growth opportunities
- what are the key market trends driving the growth
- What are the digital trends in waste management
- Who are the key companies operating in waste management sector in the GCC
- What should waste management service providers do to benefit from the identified growth opportunities
Author: Nideshna Varatharajan
| Author | Nideshna Naidu |
|---|---|
| GPS Codes | 9307-A4,GETE |
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PB9C-01-00-00-00 |