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Focus to Shift from Conventional Treatment to Waste Minimization Solutions
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Asia-Pacific (APAC) is expected to be an emerging region with double-digit annual growth in the waste management (WM) market through 2020. While most developing countries in APAC have underdeveloped WM structure, market potential is high because of growing waste volumes, increasing waste complexity, and development of new business models. Countries such as Singapore, Malaysia, Thailand, Indonesia, and Vietnam are experiencing fast growth of densely populated areas with large-scale industrialization. Therefore, solid WM services are witnessing a huge interest with diversion of waste from landfills to recycling and incineration. This study provides an overview of developments in the WM market and the impact of urbanization on WM.
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