Waste management industry, or waste industry for short, subsumes all Industry (economics), industrial branches concerned with waste management, landfill, waste dumping, waste recycling and - to a lesser degree - waste prevention.
Within Germany, waste management has evolved into a large economic sector. 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 Conservation (ethic), conserve resources through recycling and other Resource recovery, recovery 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 of 6.0%.
The economic growth, growth might even continue when, according to a World Bank 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
* Remondis
* Republic Services
* Suez Environment
* Veolia Environment
* Waste Management (company), Waste Management, also the no. 1 in the USA
[https://www.gridwaste.com/news/2014/3/6/top-5-waste-companies]
References
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Waste industry
Industries (economics)