"Waste Management in the Automotive Industry 2015-2019" is now available at Fast Market Research

Waste Management in the Automotive Industry 2015-2019
Covering: This industry research report presents detailed segmentation of the global waste management market in the automotive industry by waste type (recyclable and non-recyclable). The report also provides a detailed analysis of the key regions, including APAC, MEA, Europe, and the Americas. Leading vendors in this market are Autowaste, Befesa, FCC Environment, Northburn Industrial Services, Recyclexinc, Safety-Kleen, Skip waste, SWR, and Transpacific.
Market outlook of the waste management market in the automotive industry

Full Report Details at
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Technavio market research analysts estimate the global market for waste management in the automotive industry to post a moderate CAGR of nearly 10% by 2019. This market is expected to grow steadily during the forecast period and is positively influenced by factors like the rising production of automobiles and the increasing waste management initiatives by governments across the world.

Increasing production of automobiles is the key driver for the growth of this market. Since the production of automobiles involves the generation of waste materials, many manufacturers are now recycling these waste materials as it helps to resolve supply shortage during the manufacturing process. Automotive waste management involves the reuse and recycling of waste materials like metal, solvents, batteries, plastic, and glass. Recycling of these materials helps vendors to address environmental concerns and also allows them to address the issue of resource depletion.

Segmentation by waste type and analysis of: recyclable & non-recyclable waste
In this market research report, Technavio's market research analyst has estimated the recyclable waste segment to account for more than 82% of the total market share by 2019. Recycling of automotive wastes involves processes that convert the discarded wastes into useful materials and can be carried out either at the manufacturing site or at processing facilities.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

* Recyclable waste
* Non-recyclable waste

Geographical segmentation of the waste management market in the automotive industry

* APAC
* MEA
* Europe
* Americas

In this market study, Technavio analysts have estimated the APAC region to account for approximately 53% of the total market share by 2019. In APAC, rising automobile manufacturing activities in regions like China, India, and Japan is expected to result in the generation of waste materials. Since the existing automotive waste processing systems in APAC are inadequate and need a lot of improvement, this region is expected to witness huge investments in the waste recycling sector, which in turn will promote market growth in APAC during the forecast period.

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