The China waste management market is expected to register a substantial CAGR during the forecast period, between 2021 and 2028. Garbage management encompasses all sorts of waste, including solid, liquid, and gas waste. Waste management involves the collection, transportation, and disposal of garbage, sewage, and other waste products. It entails processing solid waste and disposing of undesired items and substances in a safe and effective manner. Waste management is linked with municipal, industrial, and hazardous waste. Municipal waste, in general, refers to residential and non-hazardous trash created in towns and cities. Hazardous waste is the trash generated in the pharmaceutical, chemicals, and paint-producing industries. Industrial waste is waste generated in industries throughout the industrial and assembly processes.
The report on China waste management market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
China Waste Management Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018 & 2019 |
Forecast Period |
2021–2028 |
Segmentation |
Waste Types (Bio-medical Waste, E-waste, Hazardous Waste, Industrial Waste, Municipal Solid Waste, and Plastic Waste), Types of Ownerships (Public-private Partnerships, Private, and Public), Disposal Methods (Dismantling, Incineration, Landfill, and Recycling) |
Country Scope |
China |
Report Coverage |
Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast |
Key Players Covered in the Report |
Amera Seiki Corp.; Datron AG; Dalian Machine Tool Group Corp.; Okuma Corp.; Hurco Companies, Inc.; Amada Co., Ltd.; Fanuc Corp.; DMG Mori; Haas Automation, Inc.; Yamazaki Mazak Corp.; and Shenyang Machine Tool Co., Ltd |
Based on waste types, the market can be segmented into bio-medical waste, e-waste, hazardous waste, industrial waste, municipal solid waste, and plastic waste. The e-waste segment is projected to hold a significant market share. Electrically powered component garbage consists of e-waste. China is one of the prominent manufacturer and user of electronic items, resulting in massive amounts of e-waste creation. E-waste is a mix of valuable and harmful items that necessitates cautious management and recycling. The processes involved in the treatment and recycling of e-waste had serious negative environmental and human health consequences in China. To address these difficulties, China's e-waste management segment requires widespread attention. In recent years, the central and municipal governments of China have made concrete attempts to improve trash management.
On the basis of types of ownerships, the market can be segregated into public-private partnerships, private, and public. The public-private partnerships segment is anticipated to account for a substantial share in the projected timeline. Plastic, metal, and electronics are the most recycled materials in China, and most organizations, both public and private, are constantly developing in terms of the latest technology to meet the requirements of the expanding trash generated by various industries. The supply of total scrap metal in China has increased and is estimated to continue to expand in the future.
In terms of disposal methods, the China waste management can be fragmented into dismantling, incineration, landfill, and recycling. The landfill segment is estimated to register a robust growth rate during the forecast period. Increasing requirement to dispose waste that cannot be recycled is driving the rise of the landfill industry. Landfills have several advantages, including providing good energy sources, environmentally beneficial choice; keeping cities, towns, and districts clean and help keep hazardous trash segregated, and affordability.
Key players in the China Waste Management market are China Sembcorp Industries Ltd; Everbright International Limited; Capital Environmental Holdings Ltd. (CEHL); Veolia Environnement S.A.; and HydroThane. These players have actively engaged in several market development strategies including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to strengthen their geographical presence and expand their customer base globally.
Key players in the China Waste Management market are China Sembcorp Industries Ltd; Everbright International Limited; Capital Environmental Holdings Ltd. (CEHL); Veolia Environnement S.A.; and HydroThane. These players have actively engaged in several market development strategies including collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to strengthen their geographical presence and expand their customer base globally.
Some other reports from this category!