Industry revenue suffered during the recession. Despite the necessary nature of grease trap cleaning, restaurants, cafeterias and hotels postponed services and took on some grease trap cleaning themselves. As the economy recovers, downstream industries will increase demand for industry services. In addition, new technology will increase the recyclability and commoditization of greases and oils.
This industry cleans and maintains grease traps to avoid unnecessary backup in sewage systems. Grease traps are plumbing tools that are used to intercept greases before they enter a wastewater system.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.