Market Size of North America Industrial Waste Management Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 30.33 Billion |
| Market Size (2029) | USD 41.35 Billion |
| CAGR (2024 - 2029) | 6.35 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Industrial Waste Management Market Analysis
The North America Industrial Waste Management Market size is estimated at USD 30.33 billion in 2024, and is expected to reach USD 41.35 billion by 2029, growing at a CAGR of 6.35% during the forecast period (2024-2029).
North America has several benefits over other regions, such as more cost-effective industrial waste management processes and a growing significance of a clean environment and zero pollution. The region's principal end consumers of industrial wastewater management are electricity, pharmaceuticals, municipal, pulp, paper, food and beverage, oil and gas, and refineries.
A huge amount of waste is generated in the region, which fuels the growth of the North American waste management market. In addition, the development of the North American waste management industry is primarily driven by the growth in population in the region. In addition, stringent government regulations in the U.S. and Canada led to an increase in the collection and disposal of industrial waste.
The United States is one of the largest producers of waste worldwide, and as such, waste management is a major industry in the country. In 2022, the revenue of waste management services in the U.S. surpassed 140 billion U.S. dollars after a decade of continuous growth. U.S. waste is regulated by the Environmental Protection Agency (EPA) under the 1976 Resource Conservation and Recovery Act (RCRA).
However, inadequate waste disposal and labor-intensive and high cost of transportation are anticipated to restrain the North American industrial waste management market. On the other hand, the implementation of advanced waste management practices is expected to grow during the forecast period.
