The global Hazardous waste management market size was valued at USD 63,100 million in 2018 and expected to register a CAGR at 7.1% during the forecast period. Hazardous waste management is a rapidly emerging branch of environmental science. Disposal of various waste materials in the environment is leading to serious environmental concerns. Waste material has been classified as hazardous and non-hazardous by various government authorities. Regulatory authorities have classified the hazardous waste material into inflammable, explosive, oxidizing, infectious, radioactive, poisonous, reactive or toxic in nature. Increasing scientific research on waste material for the various purpose including identification of hazardous nature is adding movement to the waste management activities across the globe. Research activities are supporting the global hazardous waste management market. The rapidly increasing quantity of waste across the globe is speeding up market growth. Industrial waste is growing in Asia-Pacific due to rapid industrialization and urbanization in emerging economies such as China and India. Industrial waste is considered menacing for the human race and animals. Government activities are supporting proper waste disposal management systems in the countries due to growing environmental and health concerns. Asia-Pacific is accounted to generate a huge amount of hazardous waste due to an increase in industrial, manufacturing and biomedical waste.

Global hazardous waste management market is segmented on the basis of service type into transportation & storage, recycling service, and waste treatment & disposal service. Recycling service segment is estimated to grow with a substantial rate during the forecast period. Waste treatment & disposal management and transportation & storage services together account for significant market share in the global hazardous waste management market.  On the basis of waste type, global hazardous waste management market is segregated into biomedical waste, industrial waste, domestic waste, and others. Industrial waste constitutes a considerable market share as of 2018.

In the geographic overview, the market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is reporting the dominant share in the global hazardous waste management market due to increasing waste disposal activities in the region. Additionally, the market growth is being supported by the presence of major market players in the US. Europe accounts for considerable market share due to stringent government regulations in the European countries. Asia-Pacific is estimated to grow with alarming rate during the forecast period.  A substantial increase in hazardous waste from industrial and manufacturing sector is increasing the waste disposal management in the region.  India and China are significant contributors to the global hazardous waste management market in the Asia-Pacific region.

Global hazardous waste management market comprises of various companies which are contributing significantly to the growth of the market. Major players in the global hazardous waste management market include Clean Harbors Inc., Covanta Holding Corp., Waste Management Inc., and many others.

Research methodology:

The market study of the global hazardous waste management market is incorporated by extensive primary and secondary research conducted by a research team at OMR.  Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

• Financial reports of companies involved in the market
• Authentic Public Databases such as the World Bank
• Whitepapers, research-papers and news blogs
• Company websites and their product catalog.

The report is intended for research organizations, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market segmentation:

1. Global Hazardous Waste Management Market Research and Analysis by End-User
2. Global Hazardous Waste Management Market Research and Analysis by Waste Type

The report covers:

• Comprehensive research methodology of the global hazardous waste management market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global hazardous waste management market.
• Insights about market determinants which are stimulating the global hazardous waste management market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.