According to the research report titled ‘Industrial Solid Waste Management Market Size By Source, By Treatment, By Material, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, global industrial solid waste management market is expected to register significant growth during 2020-2026.
 

Introduction of strict environmental regulations, increasing waste generation, and inclination towards reducing waste are some of the key factors driving the growth of global industrial solid waste management market.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2569935/
 

Industrial waste is typically produced through industrial processes or from non-manufacturing activities. It is to be noted that the main generators of waste are thermal power plants, paper & pulp factories, steel mills and non-ferrous industries.
 

Growing trends of recycling waste in order to minimize wastage coupled with advent of innovative technologies for segregating as well as recycling waste are adding traction to global industrial solid waste management market.
 

As per source type, the other segment, which comprise of rubber, pharmaceutical, construction, refining and chemical industries, is expected to grow substantially over the study period. Chemical waste is usually produced through factories, processing centers, plants and warehouses and can contain dangerous or harmful substances.
 

Similarly, construction waste is produced from refurbishment, site clearance, demolition, road works, renovation and excavation activities. Thus, increasing generation of waste from chemical and construction industries is fueling the segmental share.
 

In terms of material type, paper & paperboard segment of worldwide industrial solid waste management market is expected to generate lucrative revenues in the forthcoming years, primarily due to rising usage of paper products for packaging purposes.
 

Meanwhile, the report states that metal segment is reckoned to witness remunerative growth during the estimated timeframe. Rising concerns regarding environmental degradation has impelled the demand for industrial solid waste management systems, thereby favoring the market outlook.
 

Regionally, the industrial solid waste management market share in Europe is slated to record commendable growth in the subsequent years, owing to strict environmental regulations associated with industrial waste disposal.
 

On the other hand, Middle East & Africa is also predicted to develop as a major revenue generator for the overall market over the study duration, primarily driven by rapid industrialization and rising adoption of consumer goods.
 

The prominent companies operating in global industrial waste management market are Suez S.A., Waste Connections, Keppel Seghers, Advanced Disposal Services Inc., Veolia Environnement S.A, Waste Management Inc., Stericycle Inc., Sims Metal Management Ltd., Clean Harbors Inc., Hitachi Zosen Corporation, Cleanaway Waste Management Limited, Wheelabrator Technologies Inc., Plasco Conversion Technologies Inc., Covanta Holding Corp., Green Conversion Systems Inc., China Everbright International Limited, and Biffa plc among others.