How Big Is the Industrial Waste Market | Insights & Trends 2031

Q: What is the worth of the industrial waste market?

The industrial waste market is projected to exceed USD 1.98 trillion by 2031 due to rising industrial activity and stricter disposal mandates.

Q: Who are the key players in the industrial waste market?

Key players include Veolia, SUEZ, Waste Management, Clean Harbors, and Republic Services, offering comprehensive solutions for hazardous waste treatment, recycling, and energy recovery.

Q: What is influencing the evolution of the industrial waste market?

The industrial waste market is evolving due to policy reforms, rising public awareness, and increased pressure on industries to adopt sustainable waste solutions.

Q: What technologies are gaining traction in the industrial waste market?

In the industrial waste market, smart waste sensors, AI-based segregation systems, and waste-to-energy technologies are gaining significant traction.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA6665

Publication Date: Jul 2025

How Big Is the Industrial Waste Market?

According to 6Wresearch internal database and industry insights, the industrial waste market was valued at USD 1.26 trillion in 2024 and is expected to surpass USD 1.98 trillion by 2031, growing at a CAGR of 6.6%.

The market is expanding due to the rise in industrial output across heavy manufacturing, chemicals, mining, and power generation sectors. Increasing enforcement of environmental compliance and the shift toward sustainable waste management solutions are further accelerating market growth. Demand for advanced recycling, waste-to-energy technologies, and circular economy practices is also driving investment across the sector.

Growth Factors of the Industrial Waste Market

Industrialization and urban development
Environmental regulations that enforce disposal processes and compliance
Increasing use of waste-to-energy and recycling facilities
Chemical and medical industry growth causes hazardous waste stream expansion
Resource recovery and a circular economy

Industrial Waste Market Trends

Artificial intelligence and machine learning are prevalent throughout the industrial waste market with the use of waste sorting and monitoring systems. Companies are moving from landfilling practices toward more sophisticated recovery systems rather than towards new technology and decentralized waste treatment systems to improve sustainability metrics.

Emerging Developments in the Industrial Waste Market

Recent developments in the Industrial Waste Market include investment in robotic waste separation systems, sensor-enabled waste bins to collect large amounts of data, and increasing public-private partnership aimed at managing large-scale industrial waste streams. Circular manufacturing models are beginning to influence waste reduction strategies.