Waste Management

The waste management sector is witnessing unparalleled change fueled by circular economy principles, opportunities for resource recovery, and intensifying environmental pressures. The growth in emerging economies is delivering wealth. However, increased consumption is usually associated with increased use of resources and an increase in waste. If we spend less time dealing with waste and more time designing a waste diversion program, the opportunity to turn waste to income is there, with many different streams of value deriving from waste with technology available today.

Every metric ton of clothing diverted from the waste stream would create $1,975 in returns if the garment was sold at current secondary-market prices. While the total value recoverable from consumer waste streams is often greater than what is currently recoverable, recycling programs for PET bottles only recover between 40 and 60 percent of the value possible.

Waste to energy technology is the biggest growing waste management technology category as a result of energy recovery needs and sustainability needs. The waste to energy market value was USD 42.4 billion in 2024 and is expected to grow at a rate of 6.6% CAGR during the period 2025-2034 due to increased energy demand and tougher landfill diversion regulations. Anaerobic digestion systems exhibit strong performance within organic waste treatment applications, incentivized by increasing interest in renewable energy.

Especially designed waste treatment technologies exhibit strong growth through industrial and municipal uses. Sludge dewatering equipment market size was over USD 5.3 billion in 2024 and is set to record a CAGR of 9.4% between 2025 and 2034, spurred by increased wastewater treatment operations. Waste heat recovery systems showcase unparalleled potential, with the market size exceeding USD 64.76 billion in 2024 and anticipated to expand at a 7.5% CAGR during 2034, fueled by energy efficiency policies. Waste heat to power systems, wastewater recovery systems, incinerators, land incinerators, and ways to deal with drilling waste are changing the conventional waste treatment paradigm, enabling better recovery of resources and environmental regulations across municipal and industrial sectors.