Municipal solid waste management market is projected to record a substantial growth rate over the coming years owing to the rising environmental awareness and development of advanced recycling centers. Municipal solid waste, commonly known as trash or garbage, contains of items that are used on a day to day basis - that people use and then discarded, including furniture, food scraps, clothing, product packaging, appliances, batteries, grass clippings, bottles, newspapers, and paint. The waste comes from homes, hospitals, businesses, and schools.

The municipal solid waste comprises of several solid waste streams. The main solid waste streams are residential solid waste, industrial solid waste, and commercial solid waste. The residential solid waste is generated from multifamily and single-family residences.

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Recyclables that are common in the residential waste stream include plastics, food scraps, paper, metals, personal electronics, yard trimmings, and textiles. The industrial solid waste is produced from non-process lines, plant offices, shipping; solid wastes not measured under the Clean Water Act, Clean Air Act, and Subtitle C of the Resource Conservation and Recovery Act.

The commercial solid waste is generated from offices, government, institutions, businesses, markets, stores, and other commercial establishments. Recyclables that are common in the commercial waste stream generally comprises of metals, food, textiles, paper, electronic devices, plastic, and lumber.

With the rise in population, the amount of waste generated is also becoming unmanageable. To address this, local corporation have adopted different methods for the disposal of waste including landfills, open dumps, incineration plants, and sanitary landfills, with composting being one of the key methods for waste treatment.

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The municipal solid waste management market is segmented in terms of source, treatment, material, and regional landscape.

Based on material, the market is bifurcated into plastics, textiles, food, paper & paperboard, metals, and others. It is observed that the municipal solid waste management market from plastics will witness robust growth on account of rising environmental awareness associated with improper disposal of plastics.

The textile material segment is anticipated to witness growth owing to increasing investments toward the development of advanced recycling centers along with intensifying focus toward fabric reprocessing.

The other segment includes wood, rubber, yard trimmings, glass, and miscellaneous organic wastes. Recovered tires could be burned in some plants as fuel to generate electricity, made into new durable products, or processed to manufacture new rubber products.

Many communities now offer yard waste recycling services. Yard trimmings include leaves, grass, and bush and tree trimmings from commercial, institutional and residential sources. Recycling of yard waste has become very popular since green waste makes up a substantial percentage of the total waste stream.

From a regional frame of reference, the Middle East & Africa municipal solid waste management market is set to witness robust growth on account of rising urbanization rates coupled with its growing hospitality & tourism sector.

Latin America market will grow on account of intensifying efforts toward enhancing the environmental & public health infrastructure.

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