U.S. Liquid Waste Management Market Forecast to 2024 with Key Companies Profile, Landscape, Demand, Cost Structure Analysis

The U.S. Liquid Waste Management Market is expected to reach USD 22.5 Billion by 2025, according to a new report by Research, Inc. Growing organic & non-hazardous liquid waste generation through residential and commercial sources is expected to drive demand over the forecast period.

Industrial & residential liquid waste is often associated with water-borne diseases since improper disposal of the waste leads to water pollution, environmental degradation, and soil contamination. As a result, the demand for hygienic liquid waste management services is expected to grow significantly over the forecast period.

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A major trend arising from the need to improve liquid waste management is the outsourcing of the services to global & competitive players in order to improve the focus on sustainability and meet stringent guidelines. In addition, the government undertakes public-private partnership projects to enhance the efficiency of the waste management process, which is expected to propel growth over the forecast period.

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Further key findings from the report suggest :

  •  Liquid waste generated through residential sector accounted for 45.3% of the overall revenue in 2016 on account of the high per capita discharge of wastewater in states including California, Texas, Florida and New York
  •  Organic & non-hazardous liquid waste accounted for the majority of the revenue share in commercial sector owing to the high amount of liquid waste generated through hospitality and medical industry
  •  Automotive industry accounted for 5.5% of the total revenue generated through treatment of the liquid waste in 2016 owing to the growing production of vehicles in the eastern states of the country
  •  California accounted for the largest revenue share in 2016 on account of the high population growth coupled with growing tourism, pharmaceutical and automotive industries in the state
  •  The market is fragmented with few major players including Waste Management, Inc., Republic Services and Clean Harbors operating across the country. The market is characterized by the major players acquiring local players to increase the market share

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