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Innovative Solutions Create Growth Potential in European Industrial Waste Management Services Market - New research from Frost & Sullivan, European Industrial Waste Management Services Market, finds that the market earned revenues of €46 billion in 2006 and estimates this to reach €54.41 billion in 2013
Innovative Solutions Create Growth Potential in European Industrial Waste Management Services Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/07/09 - New research from Frost & Sullivan, European Industrial Waste Management Services Market, finds that the market earned revenues of €46 billion in 2006 and estimates this to reach €54.41 billion in 2013.

   
 
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Rising waste volumes and growing legislative pressure have necessitated steady investments in the European industrial waste management industry. Opportunities are diverse, owing to the varied stages of market development across Europe, with Southern Europe and the United Kingdom offering good growth prospects. At the same time, the market is likely to experience a shift towards technologically advanced treatment solutions.

New research from Frost & Sullivan (environmental.frost.com), European Industrial Waste Management Services Market, finds that the market earned revenues of €46 billion in 2006 and estimates this to reach €54.41 billion in 2013.

“The EU waste management industry is governed by legislative and regulatory drivers that are currently emphasising a shift from landfill towards treatment options such as recycling, materials recovery and other integrated waste management solutions,” says Frost & Sullivan Industry Analyst Suchitra Padmanabhan. “The market is at varied stages of development across Europe, with diverse opportunities available for non-hazardous industrial waste management services.”

Surging industrial waste volumes as well as increasing demand for efficient solutions and advanced technologies is spurring market expansion. Rising public pressure and the growing importance for industrial end users of a clean or 'green' image is further supporting investments in sophisticated treatment alternatives.

With some regional variations, monitoring of waste is still at an early stage across Europe. This has underpinned the overall fragmented nature of market operations. Intensifying consolidation, a strong emphasis on value-added services and the provision of integrated waste management solutions are the other prominent trends that are tipping the balance in favour of large multinational companies. Such multinationals are increasingly strengthening their presence in the region, challenging smaller competitors.

“Emerging waste minimisation efforts, supported by legislation, have prompted the adoption of technologies that restrict the amount of waste produced at source,” states Ms. Padmanabhan. “This obviously reduces the demand for treatment equipment and solutions that cater to large waste volumes, thereby posing a restraint to market expansion.”

The demand for sophisticated treatment technologies, which facilitate materials recovery and recycling, has accelerated, especially in advanced regions such as Scandinavia and Germany. This trend has underlined the importance of innovation and technological improvements, while also encouraging market participants to develop expertise in specific areas of waste management and add value to their client offerings.

If you are interested in a virtual brochure, which provides manufacturers, end users and other industry participants with an overview of the latest analysis of the European Industrial Waste Management Services Market, send an email to Chiara Carella, Corporate Communications, at chiara.carella[.]frost.com with your full name, company name, title, telephone number, email address, city, state and country. We will send you the information through email upon receipt of the above information.

European Industrial Waste Management Services Market is part of the Environmental Growth Partnership Services, which also includes research in the following: Strategic Analysis of European Industrial Waste Management Services, European Waste to Energy Plant Markets, and Outsourcing Opportunities in the European Industrial Water Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics.

 
 
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Innovative Solutions Create Growth Potential in European Industrial Waste Management Services Market

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Publisher Contact: Chiara Carella 
+44 (0) 20 7343 8314 chiara.carella[.]frost.com
 
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