Market Share of Hazardous Waste Management Industry
The hazardous waste management market is moderately fragmented and competitive. Veolia, Biffa, Covanta Holding, Clean Harbors, and Suez Group are among the key players in the hazardous waste management market.
Moreover, key players in the market are taking initiatives such as expanding new facilities to strengthen their market presence. For instance, in May 2022, The Trinidad and Tobago Solid Waste Management Company (SWMCOL) launched collection sites for recycling old mobile phones. The new launch was a part of the company’s project, ‘Helping Electronics Live Longer,’ which is a measure to reduce, reuse, and recycle.
Similarly, in December 2023, Sabesp announced a strategy to invest USD 9.7 billion in its operations over 2024-28. The majority of the company’s expected investments will be in sewerage services, while the rest will be spent on expanding water supply coverage, controlling water losses, and other operational tasks. In addition, players are expanding their businesses through mergers, acquisitions, strategic partnerships, and new project launches to meet customer needs.
Hazardous Waste Management Market Leaders
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Waste Management
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Veolia
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Covanta Holding
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Clean Harbors
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Biffa
*Disclaimer: Major Players sorted in no particular order
