​Plastics are an important aspect of society and have a wide range of uses. Plastics are macromolecules made up of a network of molecular monomers linked together. Plastic garbage is non-biodegradable and can cause major ecological problems by directly and indirectly affecting live things across the environment.
As a result, plastic waste management has become a global priority. The process of plastic recycling, recovering discarded plastic, and reprocessing the waste material into useable items are referred to as plastic waste management. The increased need for plastic waste management has given rise to new prospects for the sector.

Top plastic waste management companies
As per market investigations, it was valued at USD 31.62 Billion in 2019. Read full details in Global Plastic Waste Management Companies’ Market Report. Verified Market Research analysts pointed that increasing awareness towards nature will push its worth to USD 40.17 Billion by 2027. Growing at a CAGR of 3% from 2020 to 2027, it will expand across all continents.

Stericycle

Stericycle is the industry’s top compliance company, serving healthcare organizations, patients, and commercial businesses of all sizes in the United States and other countries. Their vital services assist their clients inappropriately disposing of potentially hazardous medical waste, shredding personal information, and safeguarding their valuable patient and customer relationships.

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They also provide these services in a safe, responsible, and long-term manner that benefits both people and the environment. Every day, they work to preserve what matters so that you can work in a safer environment, live in a healthier neighborhood, and enjoy the world around you with the knowledge that your health and well-being are secure.

Biffa

Biffa is a significant integrated waste management company in the United Kingdom, offering services such as collection, treatment, recycling, and technologically-driven energy generation. They promote and deliver sustainable waste management solutions by leveraging their people’s experience and investing in technology.

They provide a critical service to their commercial, industrial, and public sector customers across the United Kingdom, assisting them in meeting their legal requirements and corporate responsibility commitments.

Clean Harbors

Clean Harbors is North America’s largest hazardous waste disposal firm and a major provider of environmental, energy, and industrial services. A majority of Fortune 500 corporations, thousands of smaller private entities, and several federal, state, provincial, and local government bodies are among the company’s customers.

The company offers a wide range of hazardous material management and disposal services, including hazardous and non-hazardous waste collection, packing, transportation, recycling, treatment, and disposal. It also offers a wide range of environmental cleanup services on a planned or emergency basis at customer sites or other locations.

Waste Connections, Inc.

Waste Connections, Inc. is a waste collection, transfer, disposal, and recycling firm based in the United States and Canada. The Company is also a prominent provider of non-hazardous oilfield waste treatment, recovery, and disposal services in many of the country’s most active natural resource producing areas, including the Permian, Bakken, and Eagle Ford Basins, through its R360 Environmental Solutions subsidiary.

The company strategy focuses on secondary and suburban markets with strong demographic growth trends and potential for developing competitive barriers to entry. They try to stay away from highly competitive, large metropolitan areas and instead focus on markets where they can supply non-integrated or integrated solid waste services under exclusive agreements, or markets where they can be integrated and get a significant market share.

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Waste Management

Waste Management is the premier provider of integrated environmental solutions in North America. From collection through disposal, they work with their clients and communities to manage and decrease trash while recovering valuable materials and generating clean, renewable energy.

They are on a mission to maximize resource value while minimizing and even eliminating environmental harm, so that both the economy and the ecosystem may thrive. Waste Management tailors its services to each customer group’s demands in order to provide consistent, high-quality service at the local level.

Future Perspective
Increased levels of plastic garbage produced as a result of increased industrialization, urbanization, and changing people’s lives, posing a growing threat to the environment. According to a recent UN Environment Program assessment, the globe produces over 400 million tones of single-use plastic waste each year.

Only around 9% of plastic garbage gets recycled globally, implying that plastic waste management is required for the remaining 91 %. The market for plastic waste management will be driven by rising awareness and concern about health and the environment, as well as supportive government initiatives around the world. While the cost of recycling plastic fluctuates, it may stymie future industry developments.

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