North America Waste Management Market Size

North America Waste Management Market Analysis

The North America Waste Management Market size is estimated at USD 202.20 billion in 2024, and is expected to reach USD 246.13 billion by 2029, growing at a CAGR of 4.01% during the forecast period (2024-2029).

Single-use plastic will be phased out of all US government operations by 2035 under a new federal plastic pollution strategy unveiled in July 2024. The policy cites a crisis of littered oceans and poisoned air due to plastics.

The phase-out is expected to boost the need for advanced recycling technologies and facilities capable of processing alternative materials and managing residual plastics. Waste management companies will need to develop new systems and infrastructure to handle these evolving requirements.

The market studied is also witnessing growth in the development of waste-to-energy technologies and improved waste processing methods, reflecting a shift toward more eco-friendly and circular economy principles. Examples of these technologies are plasma arc gasification, pyrolysis, and rotary kilns.

In March 2024, the US Department of Energy's Bioenergy Technologies Office (BETO) and the National Renewable Energy Laboratory (NREL) launched the next phase of Waste-to-Energy Technical Assistance. The program eligibility has been expanded to include state governments, and the scope now includes additional waste resources.

The program promotes the North American waste management market by broadening state governments' eligibility and expanding the scope to include additional waste resources. This initiative encourages more widespread adoption of waste-to-energy technologies, which can drive growth in the waste management market.