Increased Focus towards Green Energy Generation Technologies Spurring Growth Opportunities in the Global Industrial Waste Recycling and Services Market: Technavio Report

Renewable energy

 

London, 09 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Industrial Waste Recycling and Services Market 2014-2018, which is expected to grow at a CAGR of 10.5 percent during the forecast period of 2014-2018.

“One of the methods to combat GHG emissions is the adoption of green energy generation technologies,” says Faisal Ghaus, Vice President of TechNavio.

“Green energy generation technologies encourage better utilization of waste through recycling and reuse, which reduces the amount of waste dumped in landfill.”

Key Market Drivers

  • Strong Industry Growth and Increased Industrial Waste
  • Increased Regulations and Legislative Pressure
  • Increased Health and Environmental Concerns
  • Increased Number of Recycling           

Key Market Trends

  • Increased Public Awareness
  • Increased Use of Technology
  • Increased Demand for Skilled Manpower

Key Market Vendors

  • Befesa Medio Ambiente SA
  • REMONDIS AG & Co. KG
  • Suez Environnement Co. SA
  • Veolia Environmental Services North America Corp.
  • Waste Management (WM) Inc.

To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

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