The new Indian Government is launching “Swachh Bharat
Mission” or “Clean India Mission” which aims to mobilize masses and seeks to
create a clean India. The aim of this mission is to motivate Indian citizens to
devote at least hundred hours every year i.e. two hours every week to keep
their homes and neighborhood clean. This birth of this mission underlines the
urgent need of improving waste management scenario in India where public apathy
towards proper waste disposal is a major hindrance. This may lead to more
opportunities for existing and new players in this market as Indian Government
is also looking at public private partnership (PPP) model to tackle waste
problem.
Waste management market in India is expected to be worth US$
13.62 billion by 2025, finds a new research report launched by NOVONOUS. Indian
municipal solid waste (MSW) management market is expected to grow at a CAGR of 7.14% by 2025 while e-waste management market is expected to grow at a CAGR of 10.03% during the same
period. India has planned to achieve a capacity of 2.9 million hospital beds by
2025 which will help bio medical waste management market to grow at a CAGR of 8.41%.
To know more about this newly launched market research report
visit “Waste Management Market in India 2014 - 2025”
India, being one of the most populated countries in the
worlds as well as one of the most rapidly developing country, is the source of
a humongous amount of waste per annum, be it the municipal solid waste,
hazardous waste, biomedical waste or e-waste. According to the
Central Pollution Control Board (CPCB), the average solid waste generated in
Indian ranges from 0.21 to 0.5 kg per capita per day.
This
report discusses the various scenarios prevailing in waste management market in
India. This research found that traditional waste treatment techniques like
dumping, direct landfilling, direct burning etc. seem unviable with the
decreasing land sites for waste dumping as well as the severe environmental
pollution resulting from them. Hence, this industry is coming up with
innovative techniques to treat these varied forms of wastes like waste to
energy technologies, vermicomposting, bioremediation etc. Also, with the
relevant regulations, guidelines and procedures in place, there are still a lot
of lacunae in the efficient implementation of the same.
India
needs more investment in waste management sector as current recycling
technologies are not readily available to most of the players. Most of the
waste recycling plants are running under capacity and hence not getting enough
waste to recycle. Though central government has allocated funds for clean
India, how sates and urban local bodies (ULB) will get benefit out of this will
only reveal in future.
This
report finds that due to the large amounts of wastes generated, this industry
is experiencing a steep growth trend with the mandate from government’s side
for appropriate waste treatment, support for generating of energy from these
wastes, increasing public-private partnerships, increasing investments from
various fund sourcing agencies, world organizations like UNESCO, WHO etc. and
various subsidies and incentives from both central and state government.
This report provides waste management insights, growth
drivers and inhibitors, current & future trends, future forecasts for
municipal solid wastes, biomedical wastes and e-wastes till 2025, challenges,
analysis, profiles of key players and recommendations for this sector.
This
report has detailed profiling of fifteen waste management players in Indian
market which are: Attero Recycling Pvt Ltd, BASIX Municipal Waste Venture Ltd, Concept
Biotech, E-R3 Solutions Pvt. Ltd., G.J. Multiclave (Pvt.) Ltd., Eco Birdd
Recycling Pvt Ltd, EcoCentric Management Pvt. Ltd., Passco Environmental
Solutions Pvt. Ltd., Ramky Enviro Engineers Limited, Synergy Waste Management
Pvt. Ltd, Tech Logic Unit II (E-Waste Recyclers), Timarpur Okhla Waste
Management Company Pvt., UL Trust Solutions ( I ) Pvt Ltd, UPL Environmental
Engineers Limited and Vulcan Waste Management Pvt. Ltd.
For
more information and purchase this report please visit: http://mrr.cm/ZaY
To
browse more market research reports by NOVONOUS visit:
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