USA: Waste Management in the Cities has announced the release of the report „Opportunity Assessment of Waste Management in US Cities – by Waste Management Outlook, Key Initiatives and Cities – Forecast to 2023“.

According to the information, there is an increasing focus on waste recycling and energy generation and adoption of smart waste management systems – based on Internet of Things (IoT) – to drive the market. As estimated by the research firm MarketsandMarkets, the waste management investments in US cities are expected to grow from 1.0 billion US-Dollar in 2018 to 1.7 billion US-Dollar by 2023, at a compound annual growth rate (CAGR) of 10.4 percent during the forecast period.

An example: Seattle, a major city in the US, has increased its overall recycling rate for 13 consecutive years (2003–2016). In 2016, the city recycled 58.8 percent of its municipal solid waste with an annual increase of 0.8 percent. The city would aim to achieve an overall 70 percent recycling rate by 2022, the information says. “Key factors driving the waste management assessment in the select major US cities include an increasing focus on the collection of waste materials and transportation to recycling facilities, sorting material type and selling them to manufacturers to make new products, state governments’ increasing focus on waste recycling and energy generation, and increasing adoption of smart waste management systems.”

(GR32020, Page 9, Photo: Pexels / Pixabay)