NewswireToday - /newswire/ -
Noida, Uttar Pradesh, India, 2011/08/19 - Fast pace urbanization along with increasing private consumption will drive municipal waste management market to grow at a CAGR of 6.7% by 2015, says RNCOS in its latest research report - RNCOS.com.
According to our recent market research report,“India Solid Waste Management Analysis”, India represents one of the world’s largest and fastest growing solid waste management markets. All prominent segments, municipal waste in particular has outperformed the market and emerged as the largest segment of the market. The number of public and private entities involved in proper collection, disposal, and treatment of large amount of untreated waste in the country and huge investment is expected to be channelized in the market in the coming years which will enable municipal waste management market to grow by 6.7% CAGR during 2011-2015.
The research identified that the country needs to develop its solid waste management infrastructure in an efficient way to continue its industrial growth to remain intact in the coming years. The government has acknowledged the seriousness of the issue and striving hard to make municipal solid waste management much more efficient. In addition, a number of public and private entities foraying into collection, disposal, and treatment of large amount of untreated waste in the country and huge investment is expected to be channelized in the market in the coming years which will infuse the market developments significantly.
Apart from Municipal waste segment, various other sectors like industrial waste, E-Waste, and Bio-Medical, waste management markets have also shown excellent growth potentials during the last few years and have helped overall market to expand rapidly. It is anticipated that E-Waste and Bio-Medical waste management markets growth will outperform other segment’s growth and segments will emerge as preferred investment destination for market players.
Our report,“India Solid Waste Management Analysis”, is an outcome of extensive research and conceptual analysis of Indian solid waste management market. It provides market intelligence on historical, current, and future trends of solid waste generation along with potential market for all four prominent sectors - municipal, industrial, e-waste, and bio-medical sectors. Further, thorough analysis of emerging industry trends and drivers has also been covered to provide a balanced research outlook of concerned market. It also entails ways of converting waste to energy potentials, and presents the outlook of environment protection industry towards waste management as new market dimensions for growth.
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.