Waste management industry, or waste industry for short, subsumes all

industrial Industrial may refer to: Industry * Industrial archaeology, the study of the history of the industry * Industrial engineering, engineering dealing with the optimization of complex industrial processes or systems * Industrial city, a city dominate ...

branches concerned with

waste management Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment and disposal of waste, together with monitorin ...

, waste dumping, waste recycling and - to a lesser degree -

waste prevention Waste minimisation is a set of processes and practices intended to reduce the amount of waste produced. By reducing or eliminating the generation of harmful and persistent wastes, waste minimisation supports efforts to promote a more sustainab ...

. Within Germany, waste management has evolved into a large

economic sector One classical breakdown of economic activity distinguishes three sectors: * Primary: involves the retrieval and production of raw-material commodities, such as corn, coal, wood or iron. Miners, farmers and fishermen are all workers in the ...

. There are more than 270,000 people working in some 11,000 companies with an annual turnover of around 70 billion euros (~$77,647,000,000). More than 15,500 waste management facilities help to conserve resources through recycling and other

recovery Recovery or Recover may refer to: Arts and entertainment Books * ''Recovery'' (novel), a Star Wars e-book * Recovery Version, a translation of the Bible with footnotes published by Living Stream Ministry Film and television * ''Recovery'' (fil ...

operations. On a global scale, the market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, with a

compound annual growth rate Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. CAGR is not an accounting term, but it is often used to describe some ele ...

of 6.0%. The growth might even continue when, according to a

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...

report, global waste production will grow by 70% from 2018 to 2050, unless severe measures are taken.

Global players

Among the top companies in the sector are the following: * Advanced Disposal Services * Biffa * Clean Harbors * Covanta Holding Corporation *

Hitachi Zosen Corporation is a major Japanese industrial and engineering corporation. It produces waste treatment plants, industrial plants, precision machinery, industrial machinery, steel mill process equipment, steel structures, construction machinery, tunnel boring ma ...

Remondis Remondis is German multinational company for recycling, water resource management and industrial and communal services with headquarters in Lünen Lünen is a town in North Rhine-Westphalia, Germany. It is located north of Dortmund, on bot ...

Republic Services Republic Services is an American waste disposal company whose services include non-hazardous solid waste collection, waste transfer, waste disposal, recycling, and energy services. It is the second largest provider of waste disposal in the Unite ...

* Suez Environment * Veolia Environment *

Waste Management Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment and disposal of waste, together with monitorin ...

, also the no. 1 in the USAhttps://www.gridwaste.com/news/2014/3/6/top-5-waste-companies

References

{{Authority control Waste industry Industries (economics)