Home / Materials / Hazardous Waste Material Market By Type of Waste (Hazardous, Infectious & Pathological, Sharps, Pharmaceutical & Others), Service Type (Collection, Transportation & Storage, Treatment & Disposal, Recycling & Others), Treatment Type (Incineration, Autoclaving, Chemical), Treatment Site (On Site, Off Site), Industry Size, Growth, Share And Forecast To 2025

Hazardous Waste Material Market By Type of Waste (Hazardous, Infectious & Pathological, Sharps, Pharmaceutical & Others), Service Type (Collection, Transportation & Storage, Treatment & Disposal, Recycling & Others), Treatment Type (Incineration, Autoclaving, Chemical), Treatment Site (On Site, Off Site), Industry Size, Growth, Share And Forecast To 2025

Published: Apr 2016 | Published By: Acute Market Reports

Hazardous waste material is any material which on improper disposal may cause threat to the environment. These waste materials can be generated through variety of sources such as manufacturing units, pharmaceutical companies, and healthcare companies among other end-use industries globally. These wastes include infectious, corrosive, oxidizing, radioactive and explosive waste. Therefore, this kind of waste is termed as hazardous waste as it can cost a great loss to humans and animals. Hazardous waste material management plays a vital role in overall environment services market. The hazardous waste management market has consistently evolved since many years with adoption of advanced collection, treatment, recycling, and disposal methods. This system is relatively mature in the developed regions such as North America and Europe with high competition and lower profit margin in comparison with the developing region.

Regulations on waste and increasing awareness among governments regarding damage caused by untreated medical waste are the reasons boosting the growth of global hazardous waste materials market. Large amount of healthcare waste generated is the major driver for global hazardous waste materials market in 2016. Improper management of waste generated in the healthcare industry may be harmful to the health of the society, workers in the healthcare organization and environment. Infectious waste should be properly disposed to avoid fatal injuries and diseases in the surrounding. Therefore, high demand is reported for hazardous waste material management globally. Increasing waste management programs for waste material management in the developing economies has also led to high demand for hazardous waste material management, especially in China and India.

Hazardous waste material market was valued at US$ 25,340.0 Mn in 2016 and is expected to reach US$ 37,250.1 Mn by 2022, growing at a CAGR of 6.0% during the forecast period 2015-2022.

Purpose of the Report

The purpose of this strategic research study titled “Global Hazardous Waste Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global hazardous waste materials market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Hazardous Waste Materials Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global hazardous waste materials market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on types of services, types of waste, types of treatment, types of treatment sites and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading hazardous waste material management vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within hazardous waste materials industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global hazardous waste materials market, of growth, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

On the basis of type of waste, the hazardous waste materials market is categorized into following segments:

  • Industrial and manufacturing
  • Infectious & Pathological Waste
  • Pharmaceutical Waste
  • Sharps
  • Others

Hazardous waste is often termed as the waste which is toxic, infectious or radioactive. These wastes are known to be harmful to the environment which can lead to injuries or fatal diseases to humans and animals. Hazardous waste is generated by end-use industries, organizations, hospitals, etc. Therefore, hazardous waste is segmented into industrial and manufacturing waste, infectious & pathological waste, pharmaceutical waste, sharps and others. Among the above mentioned wastes, industrial and manufacturing waste accounted for larger share of the market in 2016. Industrial waste is considered to be the most harmful waste as the left out stuff majorly consist of useless materials generated during the manufacturing processes. Some of the wastes generated during manufacturing processes consist of sand paper, metals, paints, solvents and radioactive materials. Solvent and chemicals form the major part of industrial and manufacturing waste. These wastes can be fatal to the environment, humans and animals. Hence, the governments globally have set some parameters and have imposed regulations on the industries to minimize the industrial and manufacturing waste. The second most fatal waste is the one generated in the hospitals known as infectious and pathological waste. This waste is also equally harmful as it may consist of infectious agent, radioactive agent or genotoxic or cytotoxic chemical composition. Hence, such types of hazardous waste have to be properly treated to avoid diseases and fatal injuries in the environment. Pharmaceutical waste and sharps have also contributed to be one among the hazardous waste materials worldwide and is expected to increase in the near future. These wastes altogether have led to increase in demand for hazardous waste material management market.

Treatment Sites Segmentation Analysis

On the basis of types of waste, the hazard materials market is categorized into following treatment sites:

  • On Site
  • Off Site

Environment Protection Agency (EPA) is basically known as the hazardous waste generator in any organization, by site, whose act process hazardous waste. The two organizations that regulate the generation and transportation of hazardous waste include Environment Protection Agency (EPA) and Department of Transportation. Off-site accounted for larger share of hazardous waste material management service in 2016.  It is a popular waste management technique which is preferred by commercial entities, households, and industries. In this system, the waste if sent to remote place where it is treated and disposed. It doesn’t require high cost and hence is preferred on a large scale. Waste generated from the industries account for large scale of hazardous waste materials. Hence, industrial organizations are the chief adpters of onsite waste treatment market as they require specialized treatment facility. Pharmaceutical and chemical industries are among the major consumers of onsite hazardous waste materials management services. On-site waste management is less prevalent in the developing economies such as Asia Pacific due to high cost associated with collection, transportation and treatment of hazardous waste materials. However, the market is witnessing increase in entry of new players in the market since few years and is anticipated to experience steady growth during the forecast period from 2015 to 2022.

Treatment Types Segmentation Analysis

On the basis of types of waste, the hazardous waste materials market is categorized into following treatment types:

  • Sweetner
  • Binder
  • Encapsulation
  • Others

The hazardous waste material market is segmented on the basis of treatment types into incineration, autoclaving and chemical treatment market. Among the above stated treatment types, incineration accounted for major share of global hazardous waste materials market in 2016. It accounted for more than 45% of the market share. It is a treatment process which includes combustion of organic substances that are present in the waste materials that are been treated. High amount of hazardous waste materials released by pharmaceuticals, manufacturing and healthcare companies has led to high demand for incineration treatment in the market. Chemical treatment market accounted to be the second largest market for treatment type of hazardous waste materials market in 2016. Chemical treatment involves methods which include ion exchange, oxidation and reduction, precipitation and neutralization. Large amount of hazardous waste coming from the end-user industries is treated with chemicals to avoid pollution. Hence, high demand is poised for chemical treatment in hazardous waste materials management system and is expected to increase in the near future. Other treatment methods such as autoclaving have also acquired large market, especially in the healthcare sector. Disposable wastes from labs and hospitals which are contaminated with biological waste make use of autoclave treatment method on a large scale. Hence, high demand is reported for autoclave treatment method for hazardous waste materials market and is expected to grow during the forecast period from 2015 to 2022.

Service Types Segmentation Analysis

On the basis of types of waste, the hazardous waste material market is categorized into following service types:

  • Collection, Transportation & Storage Market
  • Treatment & Disposal Market
  • Recycling Market
  • Others

Hazardous waste comprises of highly toxic materials which needs to be safely disposed. The major waste material consists of waste acid, waste alkali, copper waste and inorganic cyanide waste. The waste generated from the pharmaceutical industry comprise of pathological and infectious waste. Such waste have to be collected in a proper manner, transported to a appropriate treatment centre and safely disposed off. Therefore, services such as collection, transportation & storage; treatment & disposal; recycling among others play a vital role in hazardous waste material management market. Treatment and disposal accounted for larger market share in comparison with other services in 2016. Most of the industries emit harmful chemicals and radiations. These chemicals and radiations have to be properly looked after to avoid fatal injuries. Hence, treatment and disposal plays a major role in hazardous waste material management services. Recycling was termed to be the second largest market for hazardous waste materials management market. Recycling of hazardous materials mainly refers to two components such as Reuse or Recycling and Recovery. Recycling has penetration power high in the developed regions such as Europe and North America. These regions reuse and recycle the hazardous waste materials which are used for other applications in various industries. This service is also expected to gain high importance in the emerging economies during the forecast period from 2015 to 2022.

On the basis of geography, the global hazardous waste material market is segmented into following categories,

  • North America 
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • Germany
    • UK
    • Russia
  • Asia Pacific 
    • China
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
  • Central & South America 
    • Brazil

North America dominated the global hazardous waste materials market in 2016. It accounted for more than 30% share of global hazardous waste materials market. Rising awareness for waste management programs in the region has boosted demand for hazardous waste material management in the region. In addition, growth in the waste from the pharmaceutical industry is the key factor for growth of hazardous waste material management in North America. U.S. is known to be the major country contributing in the waste management industry due to increasing population and increasing chronic diseases. Owing to such problems, presence of healthcare infrastructure has increased thereby causing high amount of hazardous waste. Europe stands at second position in terms of demand for hazardous waste material market globally. The factors such as government regulations and developed infrastructure have influenced the hazardous waste material market in Europe. Germany is the major producer of hazardous waste in the region. Therefore, high demand is observed for hazardous waste materials management from Europe. Asia Pacific is projected to be one of the emerging economies for hazardous waste material management and treatment market during the forecast period. Other regions such as Middle East and Central and South America are also anticipated to contribute to the growth of hazardous waste material market.

1. Methodology & Scope
    1.1. Research Methodology
    1.2. Research Scope & Assumptions
    1.3. List of Data Sources 

2. Executive Summary
    2.1. Global Hazardous Waste Management– Industry summary & key buying criteria
    2.2. Global Hazardous Waste Management industry outlook
    2.3. Market segmentation
    2.4. Market size and growth prospects, 2012-2022
    2.5. Global Hazardous Waste Management market value chain analysis
    2.6. Vendor Landscape 

3. Global Hazardous Waste Management dynamics
    3.1. Market driver analysis
        3.1.1. Large Amount of Healthcare Waste Generated
        3.1.2. Increasing Number of Awareness Programs for Waste Management
    3.2. Market restraints analysis
        3.2.1. Requirement of High Capital Investments
    3.3. Key opportunities prioritized
        3.3.1. Outsourcing of Medical Waste Management Services 

4. Industry analysis 
    4.1. Global Hazardous Waste Management Porter’s analysis
    4.2. Global Hazardous Waste Management market – PESTEL analysis
    4.3. Global Hazardous Waste Management market – GAP analysis 

5. Global Medical Waste Management Market, By Type of Waste 2015 - 2025 ($ BILLION)
    5.1. Global Hazardous Waste market, 2015 - 2025 ($ BILLION)
    5.2. Global Infectious & Pathological Waste market, 2015 - 2025 ($ BILLION)
    5.3. Global Sharps market, 2015 - 2025 ($ BILLION)
    5.4. Global Pharmaceutical Waste market, 2015 - 2025 ($ BILLION)
    5.5. Global Others market, 2015 - 2025 ($ BILLION) 

6. Global Hazardous Waste Management market by service Type, 2015 - 2025 ($ BILLION)
    6.1. Global Collection, Transportation, & Storage market, 2015 - 2025 ($ BILLION)
    6.2. Global Treatment & Disposal market, 2015 - 2025 ($ BILLION)
    6.3. Global Recycling market, 2015 - 2025 ($ BILLION)
    6.4. Global Others market, 2015 - 2025 ($ BILLION) 

7. Global Hazardous Waste Management market by treatment type, 2015 - 2025 ($ BILLION)
    7.1. Global Incineration market, 2015 - 2025 ($ BILLION)
    7.2. Global Autoclaving market, 2015 - 2025 ($ BILLION)
    7.3. Global Chemical Treatment market, 2015 - 2025 ($ BILLION) 

8. Global Hazardous Waste Management market by Treatment Site, 2015 - 2025 ($ BILLION)

    8.1. Global on site Market, 2015 - 2025 ($ BILLION)
    8.2. Global off site market, 2015 - 2025 ($ BILLION) 

9. Global Hazardous Waste Management market, regional outlook, 2012-2022 ($ BILLION)
    9.1. Global Hazardous Waste Management market volume share by region, 2015 - 2025 ($ BILLION)
        9.1.1. North America
            9.1.1.1. North America market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.1.2. North America market estimates and forecast by region, 2012 – 2022($ BILLION
            9.1.1.3. North America market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.1.4. U.S.
                9.1.1.4.1. U.S. market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.1.4.2. U.S. market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.1.5. Canada
                9.1.1.5.1. Canada market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.1.5.2. Canada market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.1.6. Mexico
                9.1.1.6.1. Mexico market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.1.6.2. Mexico market estimates and forecast by application, 2012 – 2022($ BILLION)
        9.1.2. Europe
            9.1.2.1. Europe market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.2.2. Europe market estimates and forecast by region, 2012 – 2022($ BILLION)
            9.1.2.3. Europe market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.2.4. Germany
                9.1.2.4.1. Germany market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.2.4.2. Germany market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.2.5. UK
                9.1.2.5.1. UK market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.2.5.2. UK market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.2.6. Russia
                9.1.2.6.1. Russia market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.2.6.2. Russia market estimates and forecast by application, 2012 – 2022($ BILLION)
        9.1.3. Asia Pacific
            9.1.3.1. Asia Pacific market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.3.2. Asia Pacific market estimates and forecast by region, 2012 – 2022($ BILLION)
            9.1.3.3. Asia Pacific market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.3.4. China
                9.1.3.4.1. China market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.3.4.2. China market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.3.5. India
                9.1.3.5.1. India market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.3.5.2. India market estimates and forecast by application, 2012 – 2022($ BILLION)
            9.1.3.6. South Korea
                9.1.3.6.1. South Korea market estimates and forecast, 2012 – 2022($ BILLION)
                9.1.3.6.2. South Korea market estimates and forecast by application, 2012 – 2022($ BILLION)
        9.1.4. Middle East & Africa
            9.1.4.1. Middle East & Africa market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.4.2. Middle East & Africa market estimates and forecast by application, 2012 – 2022($ BILLION)
        9.1.5. Central &South America
            9.1.5.1. Central & South America market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.5.2. Central & South America market estimates and forecast by application, 2012 – 2022($ BILLION)
        9.1.6. Brazil
            9.1.6.1. Brazil market estimates and forecast, 2012 – 2022($ BILLION)
            9.1.6.2. Brazil market estimates and forecast by application, 2012 – 2022($ BILLION) 

10. Competitive Landscape
    10.1. Stericycle, Inc
        10.1.1. Company Overview
        10.1.2 Financial Performance
        10.1.3. Product Benchmarking
        10.1.4. Strategic Initiatives
    10.2. Suez Environnement S.A.
        10.2.1. Company Overview
        10.2.2. Financial Performance
        10.2.3. Product Benchmarking
        10.2.4. Strategic Initiatives
    10.3. Veolia Environnement S.A..
        10.3.1. Company Overview
        10.3.2. Financial Performance
        10.3.3. Product Benchmarking
        10.3.4. Strategic Initiatives
    10.4. Clean Harbors, Inc.
        10.4.1. Company Overview
        10.4.2. Financial Performance
        10.4.3. Product Benchmarking
        10.4.4. Strategic Initiatives
    10.5. Republic Services, Inc.
        10.5.1. Company Overview
        10.5.2. Financial Performance
        10.5.3. Product Benchmarking
        10.5.4. Strategic Initiatives
    10.6. Biomedical Waste Solutions, Llc
        10.6.1. Company Overview
        10.6.2. Financial Performance
        10.6.3. Product Benchmarking
        10.6.4. Strategic Initiatives
    10.7. Remondis Medison (A Subsidiary of Remondis Ag & Co.Kg
        10.7.1. Company Overview
        10.7.2. Financial Performance
        10.7.3. Product Benchmarking
        10.7.4. Strategic Initiatives
    10.8. Sharps Compliance, Inc.
        10.8.1. Company Overview
        10.8.2. Financial Performance
        10.8.3. Product Benchmarking
        10.8.4. Strategic Initiatives
    10.9. Waste Management, Inc.
        10.9.1. Company Overview
        10.9.2. Financial Performance
        10.9.3. Product Benchmarking
        10.9.4. Strategic Initiatives
    10.10. Daniels Sharpsmart Inc.
        10.10.1. Company Overview
        10.10.2. Financial Performance
        10.10.3. Product Benchmarking
        10.10.4. Strategic Initiatives

Table 1 Increasing Government Initiatives to Boost the Market Growth
Table 2 Requirement of High Capital Investments to Limit the Market Growth
Table 3 Outsourcing of Medical Waste Management Services to Provide Opportunities for Market Growth
Table 4 Poor Funding and Lack of Strict Regulations in Developing Countries Pose Major Challenges to the
Table 5 Global Regulatory Authorities
Table 6 Medical Waste Management Market Size, By Type of Waste, 2015-2025 (USD Million)
Table 7 Non-Hazardous Medical Waste Management Market Size, By Region, 2015-2025(USD Million)
Table 8 North America: Non-Hazardous Medical Waste Management Market Size, By Country, 2015-2025(USD Million)
Table 9 Europe: Non-Hazardous Medical Waste Management Market Size, By Country, 2015-2025(USD Million)
Table 10 Asia: Non-Hazardous Medical Waste Management Market Size, By Country, 2015-2025(USD Million)
Table 11 Hazardous Medical Waste Management Market Size, By Region, 2015-2025(USD Million)
Table 12 Hazardous Medical Waste Management Market Size, By Type, 2015-2025(USD Million)
Table 13 North America: Hazardous Medical Waste Management Market Size, By Country, 2015-2025(USD Million)
Table 14 Europe: Hazardous Medical Waste Management Market Size, By Country, 2015-2025(USD Million)

1. Global Hazardous Waste Management market share, 2015 - 2025 ($ BILLION)
2. Market Share by regions
3. United States market estimates and forecast, 2015 – 2025 ($ BILLION)
4. Canada market estimates and forecast, 2015 – 2025 ($ BILLION)
5. Mexico market estimates and forecast, 2015 – 2025 ($ BILLION)
6. UK market estimates and forecast, 2015 – 2025 ($ BILLION)
7. France market estimates and forecast, 2015 – 2025 ($ BILLION)
8. Germany market estimates and forecast, 2015 – 2025 ($ BILLION)
9. APAC market estimates and forecast, 2015 – 2025($ BILLION)
10. China market estimates and forecast, 2015 – 2025 ($ BILLION)
11. India market estimates and forecast, 2015 – 2025 ($ BILLION)
12. Middle East & Africa market estimates and forecast, 2015 – 2025 ($ BILLION)
13. Central & South America market estimates and forecast, 2015 – 2025($ BILLION)
14. Brazil market estimates and forecast, 2015 – 2025 ($ BILLION)

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