North America Industrial Waste Management Market Size (2024 - 2029)

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.

North America Industrial Waste Management Industry Segmentation

The waste materials generated by industries or industrial processes are called industrial waste. It includes chemicals, trash, oils, solvents, dirt and gravel, many harmful gases, etc. Industrial waste management includes source reduction, recycling, reuse, and recovery of industrial wastes that are generated from industrial sectors and manufacturing.

North America's industrial waste management market is segmented by type (construction and demolition waste, manufacturing waste, oil and gas waste, and other waste (chemical waste, mining waste, agriculture waste, and nuclear waste), by service (recycling, landfill, incineration, and other services), and by country (United States, Canada, and the Rest of North America).

The report offers the market size and forecast for the North American industrial waste management market in terms of value (USD) for all the above segments and the impact of COVID-19 on the market.