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U.S. Liquid Waste Management Market Analysis, Market Size, Competitive Strategies, Forecasts to 2027 and Key Vendors | Grand View Research, Inc.

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U.S. Liquid Waste Management Market Analysis, Market Size, Competitive Strategies, Forecasts to 2027 and Key Vendors | Grand View Research, Inc.

October 05
14:30 2021
U.S. Liquid Waste Management Market Analysis, Market Size, Competitive Strategies, Forecasts to 2027 and Key Vendors | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, rising concerns regarding the improper disposal of liquid waste causing pollution, environmental toxicity & degradation, and soil contamination are expected to drive the market growth

The U.S. liquid waste management market size is expected to reach USD 28.9 billion by 2027, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 1.5% during the forecast period. Strong odor, unsightliness, and other characteristics associated with waste, such as breeding grounds for insects and pests, have augmented the demand for appropriate processing and treatment facilities of liquid waste.

The increasing utilization of water per household in the U.S. is expected to drive liquid waste generation in the residential sector. In addition, growth in industrial activities and operation of manufacturing facilities to their optimum capacities after the recession is expected to augment the generation of liquid waste in the industrial sector in the country.

According to the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) recommendations, waste related to COVID-19 from the healthcare facilities is to be managed similarly to medical waste. Furthermore, increasing awareness among consumers regarding the benefits of waste disposal and recycling using appropriate methods to reduce risks is anticipated to complement growth in the U.S.

Rapid technological development and growing population are leading to strong growth in the total liquid waste volume, which, in turn, has boosted the revenue of the market for liquid waste management service. Improved recycling technologies and an increased focus on environmental sustainability are expected to drive demand.

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U.S. Liquid Waste Management Market Report Highlights

• Liquid waste generated through industrial sources is estimated to witness a CAGR of 1.6% from 2020 to 2027, owing to optimum utilization of the manufacturing facilities, resulting in increased generation of toxic and hazardous waste

• Oil and gas industry accounted for over 4.6% of the overall revenue generated through the treatment of liquid waste in 2019, on account of the presence of high levels of immiscible hydrocarbons emitted from oil and gas operations

• New York accounted for 5.6% of the overall revenue share in 2019, owing to increasing industrial projects within the residential neighborhood generating wastewater contaminated with chemical waste and toxic, hazardous substances

• Slurry management in Pennsylvania is anticipated to witness a CAGR of 0.6% from 2020 to 2027, due to the energy boom after the discovery of shale gas reserves, which triggered the demand for industrial components and parts

• Key players provide services such as vendor agnostics, products, and equipment for the recycling machinery in order to acquire more customers to increase their consumer base and offer personalized services to maintain customer loyalty

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U.S. Liquid Waste Management Market Segmentation

Grand View Research has segmented the U.S. liquid waste management market on the basis of waste type, source, service, and states:

U.S. Liquid Waste Management Waste Type Outlook (Revenue, USD Billion, 2016 – 2027)

    • Residential                                          

    • Commercial                          

         • Toxic & Hazardous Waste

         • Organic & Non-Hazardous Waste       

    • Industrial                            

         • Toxic & Hazardous Waste

         • Organic & Non-hazardous Waste

         • Chemical Waste    

U.S. Liquid Waste Management Source Outlook (Revenue, USD Billion, 2016 – 2027)

    • Municipal

    • Textile

    • Paper

    • Iron & Steel

    • Automotive

    • Pharmaceutical

    • Oil & Gas

    • Others

U.S. Liquid Waste Management Service Outlook (Revenue, USD Billion, 2016 – 2027)

    • Collection

    • Transportation/Hauling

    • Disposal/Recycling

U.S. Liquid Waste Management Source Outlook (Revenue, USD Billion, 2016 – 2027)

    • California

    • Texas

    • Florida

    • New York

    • Illinois

    • Pennsylvania

    • Ohio

    • Georgia

    • North Carolina

    • Michigan

    • Kentucky

    • Tennessee

    • Virginia

    • West Virginia

    • South Carolina

    • Arkansas

    • Alabama

    • Mississippi

    • Louisiana

    • Maryland

    • Indiana

    • Wisconsin

    • Rest of the U.S.

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Browse More Related Report:

Liquid Waste Management Market Size, Share & Trends Analysis Report By Source (Residential, Commercial), By Industry, By Service (Collection, Transportation), And Segment Forecasts, 2019 – 2025

About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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