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Waste Management & Remediation forecasts for 2012 & 2017
US demand to approach $120 billion in 2012. US demand for waste management and remediation services was more than $80 billion in 2007. Through 2012, demand is forecast to increase 6.6 percent per year, approaching $120billion.
Remediation, material recovery to grow fastest
The waste management and remediation service industry comprises waste collection, waste treatment and disposal, remediation, and material recovery and other waste management services. Among these segments, waste collection represented the largest share of demand in 2007. Healthy growth is expected through 2012 for waste collection services, as the growing interest in recycling will bolster the need for recyclable material collection services. Through 2012, remediation and material recovery services are anticipated to provide the fastest growth in the industry. Remediation services will continue to benefit from the ongoing interest in public and environmental safety, as well as from redevelopment of “brownfields.”
Government to remain largest waste market
Demand for waste management and remediation services arises from a variety of markets. In 2007, the government market (including the value of services provided by government entities)
It presents historical demand data (1997, 2002 and 2007) plus forecasts for 2012 and 2017 by service, market and region of the US. The study also assesses market environment factors, evaluates company market share data and profiles 28 active participants in the US industry.
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