Global Market

Over the next decade, the global MSW management services market is forecast to rapidly grow in value from around US$200B to over US$400B, at a CAGR of between 7% and 9%. 

Over the same period, the World Bank estimates that the volume of MSW generated in urban areas globally will rise from the current 1.3 billion tonnes per year to over 2.2 billion tonnes per year.

With the world fast hitting the limits of sustainability, the global MSW management services industry is heading towards an evolutionary leap forward. At the heart of this transformation is technological change and an accompanying demand for next generation MSW processing technologies that represent a long term and sustainable alternative to landfill and incineration.

In developed economies, much of this growth can be attributed to more stringent legislation and regulation and a greater focus on environmentally sustainable waste management practices and resource recovery. In developing economies, factors such as population growth, income growth, urbanisation, and the evolution of waste management systems and infrastructure are driving a rapid market expansion and demand for modern technologies.

Over the next decade, it is estimated that at least US$87B in investment will be made in the global MSW sector on new recycling and resource recovery technologies and infrastructure, incorporating material recycling, biological treatment (anaerobic digestion, composting and mechanical and biological treatment) and thermal waste to energy treatment technologies (incineration, gasification, pyrolysis). For the treatment of MSW, the biggest investments are expected to be made in waste to energy and mechanical and biological treatment technologies.