Revenue for the Hazardous Waste Management industry in China was expected to total $1.46 billion in 2014, up 15.1% from 2013. In the five years through 2014, industry revenue increased at an annualized rate of 18.3% due to strong and increasing demand from many rapidly developing industries.
Demand for the Hazardous Waste Management industry comes mainly from various manufacturing industries that have realized soaring growth and generated unprecedented amounts of hazardous waste in recent years. Government bodies of various levels in China have been attaching more importance to waste management to increase living standards; this has also boosted industry demand.
The Hazardous Waste Management industry in China are engaged in the collection, storage, utilization, and disposal of hazardous waste. Hazardous waste can pose threats to humans and to the environment when they are inappropriately handled, stored, transported, and disposed. Most hazardous waste is produced from the activities of manufacturing and other industries.
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.