Top Companies in Plastic Waste Management Market | Top Key Players Statistics, Growth rate, Major Driving Factors | Vantage Market Research
Plastic waste is described as an accumulation of used plastic things in the environment. Single-serve plastic accounts for more than half of all plastic produced worldwide.
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Market Overview:
The Global Plastic Waste Management Market is valued at USD 33.5 Billion in the year 2021 and is projected to reach a value of USD 39.7 Billion by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 2.9% over the forecast period. The Plastic Waste Management Market includes factors that consist of financial growth, growing urbanization, industrialization, and changing lifestyles which have raised the levels of plastic waste generation, which has ended in an increasing warning to the environment. The awareness of Plastic Waste Management has accelerated considerably with the improvement in consumer education and growing awareness of health & the environment. The growing population and the growing income levels of human beings have generated new opportunities for the Plastic Waste Management industry. The growing integration of the newest and revolutionary technologies, inclusive of large records in addition to system studying or ML, in recycling plant life and waste control structures is boosting the development of global plastic waste control.
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Some of the key players operating in the Plastic Waste Management Market are listed below:
|
Company Name |
Revenue in the US |
|
$17 Billion |
|
$20 Billion |
|
$29 Billion |
|
$1 Billion |
|
$3 Billion |
|
$3 Billion |
|
$1 Billion |
|
$17 Billion |
|
$135 Million |
|
$2 Billion |
Waste Management, Inc. headquartered in Houston, Texas, in the United States in 1968 and is now the industry leader. They provide waste management services including the collection, transfer, recycling, resource recovery, and disposal services, and operate waste-to-energy facilities. The Company serves municipal, commercial, industrial, and residential customers throughout North America. The company consists of approximately 50,000+ employees
SUEZ is a major player in environmental services, managing essential services like water, waste & air quality. It majorly operates as a waste management company. It provides water distribution and treatment services to individuals, local authorities, and industrial clients. The Company also offers water, sanitation, waste collection, and recovery activities. SUEZ recovers wastewater and waste to convert them into new resources. SUEZ Group serves customers in France.
Veolia is headquartered in Paris, Ile-de-France, France, and is a provider of environmental management services. The company offers drinking water treatment and distribution, wastewater treatment solutions; waste collection, waste-to-energy processing, dismantling, and hazardous waste processing. It offers comprehensive energy solutions in the entire conversion cycle, from purchasing energies entering an industrial site, to building new facilities or modernizing existing ones and selling the electricity produced in the market. Veolia Environment operates in France.
Biffa PLC operates as a holding company. Biffa plc is a United Kingdom-based company, which is engaged in waste management services such as waste collection, treatment, recycling, and disposal services. Biffa serves industrial, commercial, and municipal sectors throughout the United Kingdom. The Company provides various waste-related services, including General Waste Collection, Dry Mixed Recycling (DMR) Collections, Food Waste Management, Single Stream Recycling, Hazardous Waste, Environmental consultancy (Biffa Consult), Producer Responsibility Compliance Schemes, Unplanned Waste Removal, Skip Hire and Asbestos Waste Disposal.
Hitachi Zosen Corp. engages in the design and construction of environmental systems, industrial plants, industrial machinery, process and infrastructure-related equipment, disaster prevention systems, and precision machinery. It operates through the following segments: Environmental Systems and Industrial Plants, Machinery, Infrastructure, and Other. Hitachi Zosen Corporation develops, manufactures, and sells environmental equipment and facilities including garbage incinerators and industrial waste processing facilities, plants, ships, steel structures, and industrial machinery.
Clean Harbors, Inc. provides a variety of environmental remediation and industrial waste management services to customers in the United States and Puerto Rico. The Company's services include treatment and disposal of hazardous and non-hazardous solid and liquid waste, surface remediation, groundwater restoration, and waste packaging, as well as analytical testing and consulting.
Covanta Holding Corporation is a holding company. The Company is an owner and operator of infrastructure for the conversion of waste to energy (energy-from-waste or EfW), as well as other waste disposal and renewable energy production businesses and it conducts operations in waste disposal, energy services, and specialty insurance. The Company also owns and operates waste-to-energy and power generation projects. Covanta's waste-to-energy facilities convert municipal solid waste into renewable energy for communities primarily in the United States.
Remondis SE & Co. KG provides recycling services and delivers innovative solutions in the fields of waste management, recycling, and water supply to water treatment. The Company collects, treats, and markets recyclable materials including paper and wood, construction waste and steel, precious metals, and plastics, as well as offers water management services. Remondis SE & Co. serves customers worldwide.
Envac Scandinavia AB is headquartered in Stockholm, Stockholm, Sweden, and is part of the Building Equipment Contractors Industry. The company provides alternative waste technology. The Company offers waste collection services and technology solutions. Envac serves customers in health care, transportation, residences, commercial centers, and various other industries throughout the world.
Stericycle, Inc. is headquartered in Illinois, the United States and it provides regulated medical waste management services. The Company offers waste collection, transportation, treatment, and disposal to customers in the United States, Canada, Mexico, Argentina, Chile, the United Kingdom, and Ireland. The company provides essential services that help its clients properly dispose of potentially harmful medical waste, shred confidential information, and protect their trusted patient and customer relationships.
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