Dallas, May 25, 2021 (GLOBE NEWSWIRE) — Global waste refers to the waste generated from a wide range of industrial as well as non-industrial activities such as Municipal Solid Waste (MSW), hazardous and non-hazardous industrial waste, Waste Electrical and Electronic Equipment (WEEE), Plastic waste and construction and demolition (C&D) waste. The hazardous industrial waste varies depending on the type of source including industrial, construction and municipal. Major driving factors of the global waste recycling and circular economy market growth include emergence of improvised innovative business models for instance the deposit return scheme, improved management of electronic waste such as secondary storage of the EV batteries.
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Along with this, recycling of complex solids and chemical waste without the se of toxic acids and solvents is further boosting the growth of the market. Global waste management system followed a standard pattern of transportation of waste from the developed to developing countries particularly to the Southeast Asia Countries. With the countries imposing a ban on any import of waste has led to the increasing need for countries to manage their own waste without any export. Various traditional methods of waste management have been observed by experts to be more harmful and hampering the environment drastically thus rendering even fewer ways to manage…
