management and remediation revenues are projected to advance 4.4 percent
annually to more than $100 billion in 2015. Growth in revenues will result from
increasing population and projected economic expansion, which will spur new
business formation, renewed construction activity and improved activity across
the broader economy, all of which will lead to an increase in the amount of
waste generated. Stricter environmental
regulations at both the federal and state levels and increasing adoption of
recycling programs will also lead to growth in revenues. Moderating influences will include “zero
waste” and other source reduction initiatives throughout the industrial
economy. These and other trends,
including market share and product segmentation, are presented in Waste
Management & Remediation Services, a new study from The
Freedonia Group, Inc., a Cleveland-based industry market research firm.
collection, which accounted for 58 percent of revenues in 2010, will continue
to be the largest contributor to industry revenues,
reflecting increasing waste generation volumes and rising fuel and labor
costs. The vast majority of this waste
is generated by individuals and is collected by either government employees or
third party contractors. The shift to the
latter will continue, as government entities continue to privatize government
functions, including waste collection.
Waste collection revenues will increase 4.1 percent annually to $58.5
billion in 2015.
treatment and disposal revenues are projected to increase 3.0 percent annually
to $19.2 billion in 2015.
This below-average growth potential will primarily reflect an increasing
emphasis on waste diversion, as both governments and waste service providers
recognize the value in diverting waste away from disposal and into recycling
and other material recovery options.
revenues are forecast to increase 5.9 percent annually to $19.2 billion in 2015. Revenue growth will be spurred by
increasingly strict environmental regulations governing the remediation of
industrial “brownfields,” as well as continued removal or encapsulation of such
toxic substances as lead paint, asbestos and mold in both residential and
nonresidential structures. Material recovery and other waste management
services revenue growth will result from increasing adoption of recycling
programs and the expansion of material recovery services into materials other
than traditional recycled materials.
Group is a leading international business
research company, founded in 1985, that publishes more than 100 industry
research studies annually. This industry analysis provides an unbiased outlook
and a reliable assessment of an industry and includes product
segmentation and demand forecasts, industry trends, demand history, threats
and opportunities, competitive strategies, market share determinations and