U.S Municipal Solid Waste Management Market - Regional Outlook, Competitive Analysis, Application and Forecast to 2026
The metal waste segment in U.S municipal solid waste management market is set to witness tremendous growth over the projected timeframe. Rising demand for metallic products and hardware throughout the country should further foster the U.S municipal solid waste management industry trends over the coming years. Ferrous metals are non-biodegradable and thus are highly toxic for micro-organisms, preventing them from breaking down naturally.
The U.S municipal solid waste management market is set to observe substantial growth in the coming years owing to the rapidly increasing waste in the region. This growth in waste is being attributed to the increasing urban population index of the United States.
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All in all, increasing waste generation across the country owing to the rising urban population, rising commercial establishments across the Pacific states, and growing need to properly dispose and recycle metal waste are among the primary growth factors that are augmenting the U.S municipal solid waste management market share.
U.S municipal solid waste management market is likely to witness rapid growth by 2026 owing to ongoing shift towards the adoption of sustainable waste management practices. Regulatory efforts to lessen the effects of untreated waste on people’s health as well as safety is expected to further add up to the overall industry share in coming years.
The competitive landscape of the U.S. municipal solid waste management market is inclusive of players such as Waste Management, Inc., Veolia Environnement SA, Sims metal management, Covanta Holding Corporation, Wheelabrator Technologies, Inc., Recology, and Xcel Energy, Inc. among others.
Growing commercial establishments in the Pacific states are projected to be majorly drive the overall U.S municipal solid waste management market share across those regions. The country is anticipated to foresee massive growth in the forthcoming timespan owing to the heavy presence of commercial centers, particularly from the hospitality segment. Furthermore, ongoing investments in the development of new commercial facilities and establishments such as offices, retail centers, as well as hotels would further expand the market size over the coming years.
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Due to this toxicity factor, these wastes cannot be disposed in landfills, they require a more efficient waste management solution. As a result, advanced waste treatment technologies would observe a growing demand in coming years, particularly recycling for the disposal of metal waste in a more effective manner. All the aforementioned factors are projected to play a vital role in the expansion of the metal waste management segment in the U.S. municipal solid waste management market throughout the forecast timeframe.
With respect to source, the U.S municipal solid waste management market is poised to observe significant growth from residential applications due to increasing customer expenditure on packaged and manufactured goods. Along with the growing expenses on manufactured goods, the segment would also witness considerable growth due to the introduction of several regulatory mandates to lower the adverse effects of unauthorized and illegal dumping of the trash.
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Rahul Varpe
Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid...