Global Liquid Waste Management Market by Service (Transportation, Collection), by Source (Residential, Commercial) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global liquid waste management market was worth USD 90.3 billion in 2018. It is projected to grow at 3.8% CAGR over the forecast period. The market is expected to be driven by factors such as population growth, rapid industrialization in emerging countries, and a rise of liquid waste from the manufacturing sector.

High levels of toxic and hazardous industrial liquid waste pose a serious threat to human and animal health. The overutilization of manufacturing facilities' operating capacity has resulted in an increase in the production of toxic and hazardous effluents. This will drive demand for liquid waste management services across a variety of industries.

The U.S. liquid waste management market is driven by liquid effluents from both the residential and industrial sectors. Due to the high volume of liquid waste generated by the booming tourism industry, recreational centers and commercial housing complexes, the commercial sector is expected to continue to be an important segment in different sources.

The demand for liquid waste management services will be boosted by factors such as a growing socioeconomic awareness about limited natural resources and the implementation regulations that promote enhanced management. Industry growth will be positively impacted by rising consumer awareness about the benefits of effluent recycling and disposal.

Market growth is expected to be driven by strict regulations set by federal, state and local governments. The regulations that govern liquid effluent management services must be adhered to by companies operating under the Clean Water Act (CWA), Waste Management Act, and other framework directives.

Market growth will be slowed by high equipment costs and an aging effluent management system. The presence of toxic and hazardous chemicals, metals and other substances, will likely increase the costs of segregation processing and treatment. This will benefit industry expansion.

Source Insights

Due to increased water usage per household, the residential sector will reach USD 49.32 Billion by 2025. This will result in an increase in wastewater generation. A positive outlook for residential construction post-recession is expected to increase water consumption. This is expected to be in the market's favor.

Due to rising water use in medical facilities, and HORECA segment, the commercial sector will see a 4.0% CAGR in terms of revenue from 2019-2025. The market expansion will be aided by the rising emission of liquid effluents - mainly sludge water, from shopping centers, hotels, schools and offices.

The largest source of revenue for the commercial segment was organic and non-hazardous trash, which accounted for 80.6% of total revenue in 2018. A rise in liquid waste discharge from hospitals through cleaning of medical equipment will likely encourage organic and non-hazardous fluid management segment growth.

In 2018, toxic and hazardous industrial waste accounted for a significant market share. This market is expected to grow at a CAGR 3.8% during the forecast period. The market is expected to grow due to the increased use of petrochemical-based fuelstock and the increasing use of water as a coolant in the industrial segment.

Industry Insights

Due to the production of sludge from OEMs and aftermarket service providers, the automotive industry will experience a 4.1% CAGR over the forecast period. The growth is expected to be fueled by increased awareness about sustainable automotive fluid collection and recycled fluids such as motor oil, antifreeze and transmission fluids.

The pharmaceutical industry produces large quantities of effluents. It is estimated that it will generate USD 5.73 billion in revenue by 2025 from disposal activities. The pharmaceutical industry's toxic effluents and strict regulations are expected to help the growth during the forecast period.

Different manufacturing and service industries accounted for 73.8% of 2018's overall revenue. The segment is expected to grow due to rising water effluents coming from municipal sources over the forecast period.

Iron and steel waste contains significant amounts of oil, dust, and metal particles. This industry share is expected to be significant. The industry will be driven by an increase in demand for iron and Steel by global consumer industries over the next few years.

Service Insights

In 2018, liquid waste collection services made up 51.1% of total revenue. They are differentiated by the frequency of collection and the effluent type, quantity, and the type of equipment needed. Market demand is expected to rise due to the stringent regulatory standards.

Transportation/hauling of liquid effluents includes movement of a range of hazardous and non-hazardous substances and is subjected to several regulations under the Resource Conservation and Recovery Act (RCRA). Transport services providers must invest heavily in transport vehicles and transport systems.

The hauling/transportation services segment is expected to expand at a CAGR of 4.3% over the forecast period on account of the rising demand for systematic transportation from the storage area to the recycling location. Transport costs will vary depending on the amount of effluents and distance traveled.

In 2018, liquid waste disposal accounted for 30% of total revenue. It is expected to grow significantly over the next few decades. The disposal of hazardous effluents comes with high risks. The treatment facility employs a different disposal process based on the effluent's origin and characteristics.

Country Insights

In 2018, the U.S. industry accounted for 22.2%. This is due to penetration in residential, industrial, and commercial segments, as well as strict environmental and disposal regulations. The market will also be driven by increased footfall in commercial spaces such as supermarkets, shopping centers, and hotels.

China was the second largest market for liquid waste management services, and it is projected to grow at a 3.5% CAGR over the forecast period. The industry will be encouraged by the increased government attention to curbing environmental pollution due to the country's rapid economic growth and rapid industrialization.

France was the country with 6.3% of 2018's total. France is a major country that generates large amounts of municipal waste due to its high per-capita water consumption and established industrial manufacturing base. The country has a well-established market for services and players and a high percentage of sludge water recycling.

Brazil is predicted to experience the greatest growth due to the country's growing manufacturing and service industries. Industry growth will also be boosted by the large amount of water consumed primarily by the iron and steel, pharmaceutical, and automotive industries.

Market Share Insights & Key Companies

With many international and local players operating around the world, the market is extremely competitive. Major market players include Suez Environment S.A., Veolia Environmental Services North America Corp., Clean Harbors Environmental Services; Republic Services Inc. and Stericycle. They account for a substantial market share.

The industry's key competitive factors include the availability of qualified technical personnel, specialized equipment and a variety of services. The source of competition is also dependent on the type and quality of the service offered by local and regional players.

Liquid Waste Management Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at all levels, including regional and national, and analyzes the most recent industry trends for each sub-segment between 2014 and 2025. Grand View Research has divided the global liquid waste management industry market report by country, source, service, and industry.

• Source Outlook (Revenue USD Million, 2014-2025)

  • Residential

  • Commercial

    • Toxic and Hazardous

    • Organic and Non-Hazardous

  • Industrial

    • Toxic and Hazardous

    • Organic and Non-Hazardous

• Industry Outlook (Revenue USD Million, 2014-2025)

  • Textile

  • Paper

  • Iron & Steel

  • Automotive

  • Pharmaceutical

  • Oil & Gas

  • Other

• Service Outlook (Revenue USD Million, 2014-2025)

  • Collection

  • Transportation/Hauling

  • Recycling/Disposal

• Country Outlook (Revenue USD Millions, 2014-2025)

  • U.S.

  • Canada

  • France

  • Germany

  • Italy

  • Spain

  • U.K.

  • Australia

  • China

  • India

  • Japan

  • South Korea

  • Brazil

These are the most frequently asked questions about this report

b. Global liquid waste management market was valued at USD 93.65 Billion in 2019, and is projected to grow to USD 97.08 Billion by 2020.

b. Global liquid waste management market will grow at a compound annual rate of 3.8% between 2019 and 2025, reaching USD 117.37 trillion by 2025.

b. U.S. was the dominant market for liquid waste management in 2019, with a 21.7% share. This can be attributed to the increasing penetration of liquid waste management products in commercial and residential segments, as well as strict environmental and disposal regulations in the United States.

b. Suez Environment S.A., Veolia Environmental Services North America Corp., Clean Harbors Environmental Services, Republic Services Inc. and Stericycle are some of the key players in the liquid waste management industry.

b. Market growth is driven by population growth and rapid industrialization of emerging economies. This has led to an increase in liquid waste from the manufacturing sector.

Up Market Research published a new report titled “Liquid Waste Management Market research report which is segmented by Service (Transportation, Collection), by Source (Residential, Commercial), By Players/Companies Suez Environment SA; Veolia Environmental Services North America Corp; Clean Harbors Environmental Services; Republic Services Inc; and Stericycle”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Liquid Waste Management Market Report Segments:

The market is segmented by Service (Transportation, Collection), by Source (Residential, Commercial).

Liquid Waste Management Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Liquid Waste Management Market

Overview of the regional outlook of the Liquid Waste Management Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Liquid Waste Management Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Liquid Waste Management Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Transportation

                2. Collection

                1. Residential

                2. Commercial

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Liquid Waste Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Liquid Waste Management Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.