Waste Treatment & Disposal Services in the US
Demand for the Waste Treatment and Disposal Services industry is highly correlated with consumer spending, as the vast majority of waste generated in the United States stems from consumer products and packaging. As unemployment has declined and incomes have risen over the five years to 2018, consumer spending has increased steadily, driving growth in industry revenue. Rising consumer spending has also led to an increase in manufacturing output, increasing demand for the handling of hazardous waste, which is the industry's largest service segment. Over the five years to 2023, continued growth in consumer spending is anticipated to further raise demand for industry services, despite sustained gains expected in recycling. As a result, industry operators will increasingly expand into waste-to-energy as well as merge with recycling services. Hazardous waste handling will also be an important driver of industry revenue as industrial production continues to rise. Most hazardous waste cannot be recycled, and will therefore continue requiring industry services for its safe disposal.
This industry owns and operates waste treatment or disposal facilities, including waste combustors (waste-to-energy plants), solid waste landfills and compost dumps. Many companies in this industry also provide waste collection and hauling services and are also included in the Waste Collection Services industry (see IBISWorld report 56211).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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