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Waste Recovery & Recycling Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)

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The "Waste Recovery & Recycling Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Waste Recovery & Recycling market is expected to grow annually by 10.1% (CAGR 2024 - 2031).

This entire report is of 176 pages.

Waste Recovery & Recycling Introduction and its Market Analysis

The Waste Recovery & Recycling market research report provides a comprehensive analysis of the industry, including market conditions, target market assessment, major revenue growth factors, and key players. Waste Recovery & Recycling involves the collection, processing, and repurposing of waste materials to reduce environmental impact. Covanta, Suez, and Veolia are leading companies in the market, with revenue growth driven by increasing adoption of sustainable practices and government regulations. The report highlights opportunities for market expansion, such as technological advancements and strategic partnerships. Recommendations include investing in recycling infrastructure and implementing innovative waste management practices.

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The Waste Recovery & Recycling market is experiencing significant growth, particularly in the segments of Metal, Plastic, and Other materials. This market is driven by the increasing awareness of environmental sustainability and the need to reduce waste going to landfills. The applications for waste recovery and recycling extend to enterprises, government agencies, NGOs, and other organizations.

Regulatory and legal factors play a crucial role in shaping market conditions. Governments are implementing stringent regulations to promote recycling and reduce waste generation. These regulations include mandates for recycling targets, waste diversion programs, and extended producer responsibility laws. Compliance with these regulations is essential for businesses in the waste recovery and recycling market to avoid fines and maintain their operations. As market conditions continue to evolve, companies need to stay informed about the latest regulatory developments to remain competitive in this growing industry.

Top Featured Companies Dominating the Global Waste Recovery & Recycling Market

The waste recovery and recycling market is a highly competitive industry with several key players operating globally. Some of the prominent companies in this market include Covanta, Suez, Wheelabrator, Veolia, China Everbright, A2A, EEW Efw, CA Tokyo 23, Attero, TIRU, MVV Energie, NEAS, Viridor, AEB Amsterdam, AVR, Tianjin Teda, City of Kobe, Shenzhen Energy, Grandblue, Osaka City Hall, MCC, and American Ecology Corporation.

These companies play a significant role in the waste recovery and recycling market by providing various solutions for waste management such as energy recovery, recycling, and waste disposal. They help to grow the market by developing advanced technologies and innovative processes for effective waste management, promoting sustainability, and complying with regulations.

For example, Veolia is a global leader in waste recovery and recycling, offering specialized services such as waste collection, treatment, and recycling. The company reported a sales revenue of approximately $ billion in 2020. Covanta is another major player in the market, focusing on energy recovery from waste. The company reported a sales revenue of around $1.8 billion in 2020.

Overall, these companies play a crucial role in driving the growth of the waste recovery and recycling market by providing sustainable solutions, promoting environmental awareness, and contributing to a circular economy. Their efforts help to minimize waste generation, reduce greenhouse gas emissions, and conserve natural resources for a cleaner and healthier environment.

  • Covanta
  • Suez
  • Wheelabrator
  • Veolia
  • China Everbright
  • A2A
  • EEW Efw
  • CA Tokyo 23
  • Attero
  • TIRU
  • MVV Energie
  • NEAS
  • Viridor
  • AEB Amsterdam
  • AVR
  • Tianjin Teda
  • City of Kobe
  • Shenzhen Energy
  • Grandblue
  • Osaka City Hall
  • MCC
  • American Ecology Corporation

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Waste Recovery & Recycling Market Analysis, by Type:

  • Metal
  • Plastic
  • Other

Metal waste recovery involves collecting and processing scrap metal for reuse in manufacturing. Plastic waste recovery involves transforming plastic waste into new products or using it as a raw material. Other types of waste recovery include paper, glass, and electronic waste recycling. These processes help reduce the amount of waste going to landfills, conserve natural resources, and reduce greenhouse gas emissions. By increasing demand for waste recovery and recycling services, the market for these sustainable solutions grows, creating more job opportunities and promoting a circular economy.

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Waste Recovery & Recycling Market Analysis, by Application:

  • Enterprise
  • Government & NGO
  • Other

Waste Recovery & Recycling is used by enterprises to repurpose waste materials, reduce landfill waste, and lower production costs. Governments implement waste recovery programs to promote sustainability and reduce environmental impact. NGOs work to educate communities about recycling and support initiatives to reduce waste. Other applications include waste-to-energy projects and circular economy initiatives. The fastest-growing application segment in terms of revenue is expected to be waste recovery & recycling in the enterprise sector, as companies are increasingly recognizing the environmental and economic benefits of recycling operations.

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Waste Recovery & Recycling Industry Growth Analysis, by Geography:

North America:

  • United States
  • Canada

Europe:

  • Germany
  • France
  • U.K.
  • Italy
  • Russia

Asia-Pacific:

  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia

Latin America:

  • Mexico
  • Brazil
  • Argentina Korea
  • Colombia

Middle East & Africa:

  • Turkey
  • Saudi
  • Arabia
  • UAE
  • Korea

The waste recovery & recycling market is expected to witness significant growth in regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America, particularly the United States and Canada, is expected to dominate the market with a market share percent valuation of around 30%. Europe, including Germany, France, the ., Italy, and Russia, is also expected to hold a substantial market share of approximately 25%. In the Asia-Pacific region, countries like China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are expected to contribute around 20% to the market share. Latin America, including Mexico, Brazil, Argentina, and Colombia, is anticipated to have a market share of around 15%, while the Middle East & Africa region, including Turkey, Saudi Arabia, and the UAE, is expected to hold a market share of approximately 10%.

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