Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on GCC hazardous waste management market provides an in-depth analysis of segments and sub-segments in the GCC as well as regional
GCC hazardous waste management market. The study also highlights the impact of
drivers, restraints, and macro indicators on the GCC and regional GCC hazardous
waste management market over the short term as well as long term. The report is
a comprehensive presentation of trends, forecast and dollar values of GCC
hazardous waste management market. According to the report, the GCC hazardous
waste management market is projected to grow at a healthy CAGR over the
forecast period of 2021-2027.
Hazardous waste management deals
with reducing the production of hazardous substances, treating hazardous wastes
to reduce their toxicity, and applying various measures to reduce or eliminate
exposures to these wastes. These hazardous wastes include materials that are
flammable, toxic, corrosive, infectious, or radioactive. The management of
these materials includes their collection, transportation, storage, treatment,
and disposal. Vendors in GCC are offering hazardous waste management services.
Moreover, the market players are using innovative techniques for hazardous
waste management. Power generation from municipal waste including waste
management is becoming a common tool for disposing of hazardous waste.
The strict government regulations
regarding waste management in the GCC are majorly driving the market. These
regulations have mentioned specific measures for hazardous waste management
including its production, storage, treatment, recycling, and transportation.
This, in turn, compels the industries to adopt certain hazardous waste
management solutions. Moreover, the rise in electronic waste in GCC is
anticipated to boost the hazardous waste management market. Mostly assisted by
the rising population and their increased use of electronics. GCC produces a
million tons of electronic waste per year, which contains hazardous materials
such as lead, mercury, flame retardants, and cadmium. Thus, it is important to
use hazardous waste management solutions for the disposal, and recycling of
electronic waste. However, the lower awareness among individuals regarding
environmental protection is anticipated to hamper the market growth.
Nevertheless, the advent of innovative technologies for hazardous waste
management is anticipated to boost the market over the forecast period.
Saudi Arabia is expected to be the
largest market for waste management in the GCC region. The major factor is the
growing population. The growing population requires medical facilities, a
better standard of living, and modern amenities such as electronics, clothing,
transportation, etc. While consumption of resources to provide the growing
population with required services and facilities huge piles of wastage are
generated. That needs to be managed effectively. Another factor is the
progressive outlook and serious attitude of the government in Saudi Arabia to
manage hazardous waste.
The report on GCC hazardous waste
management market covers segments such as type of hazardous waste, waste
generators, and hazardous waste management services. On the basis of type of
hazardous waste, the sub-markets include flammable, toxic, infectious,
radioactive, and other hazardous wastes. On the basis of waste generators, the
sub-markets include small quantity hazardous waste generators, and medium
quantity hazardous waste generators. On the basis of hazardous waste management
services, the sub-markets include collection, transportation, waste treatment,
and disposal services.
The report provides profiles of
the companies in the market such as Enviroserve, Veolia, MASTER SKIP, AL DHAFRA
WASTE COLLECTION LLC, Bee’ah Waste Management Complex, Green Mountains, BAUER
Resources GmbH, Blue Ocean Middle East Environmental Services LLC, and AL
MERZAAM ENVIRONMENT AND TRANSPORT SERVICES.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of GCC hazardous waste management market. Moreover, the study
highlights current market trends and provides forecast from 2021-2027. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.