GCC Industrial Waste Management Market Size (2024 - 2029)

The GCC Industrial Waste Management Market is projected to experience significant growth over the forecast period, driven by rapid population growth, urbanization, and increased standards of living in the region. This growth has led to a rise in waste generation, prompting the adoption of efficient environmental sustainability practices, such as waste-to-energy initiatives. The United Arab Emirates has established recycling centers and solid waste treatment plants to address these challenges, while Saudi Arabia faces a high demand for landfill space due to untreated waste. Initiatives like the Saudi Green and Middle East Green are expected to substantially reduce carbon emissions and divert industrial waste from landfills, contributing to the overall expansion of the market.

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Market Size of GCC Industrial Waste Management Industry

GCC Industrial Waste Management Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 7.35 Billion
Market Size (2029) USD 10.03 Billion
CAGR (2024 - 2029) 5.32 %
Market Concentration Low

Major Players

GCC Industrial Waste Management Market Major Players

*Disclaimer: Major Players sorted in no particular order

GCC Industrial Waste Management Market Analysis

The GCC Industrial Waste Management Market size is estimated at USD 7.35 billion in 2024, and is expected to reach USD 10.03 billion by 2029, growing at a CAGR of 5.32% during the forecast period (2024-2029).

  • In the past decade, Gulf Cooperation Council countries have experienced rapid population growth, urbanization, and a significant increase in standard of life. This has led to increased waste generation and calls for efficient practices in environmental sustainability. Almost all Gulf Cooperation Council countries have adopted waste to energy as their most recent trend. In the past, to address waste management issues, specific recycling centers and solid waste treatment plants have been set up mainly in the United Arab Emirates.
  • The United Arab Emirates became a member of the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes (1990) and their disposal. A decision regulating the transit and export of dangerous waste goods across the United Arab Emirates border has been adopted by the Ministry of Climate Change and Environment in the UA. In Saudi Arabia, the major portion of collected waste ends up untreated in landfills. The landfill requirement is very high at about 28 million m3 per year.
  • The Saudi Green and Middle East Green initiatives is expected to reduce carbon emissions in the region by 60% by 2030 and divert 85% of industrial waste from landfills by 2035. Around 95,002 plants and factories across the KSA manufacture various products in different sectors. Rising investments in manufacturing factories are driving the growth of industrial waste generation in KSA, supported by low-cost loans provided by SIDF for establishing an industrial plant. The petrochemical sector is one of the largest sectors in KSA and a major contributor to industrial waste, and it is expected to continue to grow.

GCC Industrial Waste Management Industry Segmentation

Industrial waste management refers to collecting, transporting, treating, and disposing of industrial waste. This waste can include contaminated soil, dry pesticides, and chemical waste.

The GCC industrial waste management market is segmented by type (construction and demolition waste, manufacturing waste, oil and gas waste, and other waste (chemical waste, mining waste, agriculture waste, nuclear waste), by service (recycling, landfill, incineration, and others), by country (United Arab Emirates, Saudi Arabia, Qatar, Oman, and Rest of GCC). The report offers market sizes and forecasts in value (USD) for all the above segments.

By Type
Construction and Demolition
Manufacturing Waste
Oil and Gas Waste
Other Waste (Chemical Waste, Mining Waste, Agriculture Waste, Nuclear Waste)
By Service
Recycling
Landfill
Incineration
Other Services
By Country
Saudi Arabia
United Arab Emirates
Qatar
Oman
Rest of GCC
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GCC Industrial Waste Management Market Size Summary

The GCC industrial waste management market is poised for significant growth, driven by rapid urbanization, population growth, and increased industrial activities in the region. The adoption of waste-to-energy technologies and the establishment of recycling centers, particularly in the United Arab Emirates, highlight the region's commitment to environmental sustainability. Saudi Arabia's initiatives, such as the Saudi Green and Middle East Green programs, aim to significantly reduce carbon emissions and divert industrial waste from landfills. The country's focus on transforming its industrial sector, supported by favorable investment conditions and government regulations, is expected to further propel the market. The petrochemical industry, a major contributor to industrial waste, continues to expand, reinforcing the need for effective waste management solutions.

In addition to Saudi Arabia's efforts, the GCC region is witnessing advancements in waste management practices, with countries like the United Arab Emirates leading the way in innovative recycling solutions. The Abu Dhabi Waste Management Center's new facility for recycling construction and demolition waste exemplifies the region's strategic approach to waste management. The involvement of global players and startups in the market underscores the competitive landscape, with a focus on reducing waste through innovative technologies and sustainable practices. Collaborative efforts, such as those between Averda and King Abdullah University, further emphasize the region's commitment to achieving zero-waste goals. As the GCC continues to develop its industrial and urban infrastructure, effective waste management will be crucial in mitigating environmental impacts and promoting sustainable growth.

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GCC Industrial Waste Management Market Size - Table of Contents

  1. 1. Market Insights

    1. 1.1 Current Market Scenario

    2. 1.2 Government Regulations and Initiatives

    3. 1.3 Technological Trends and Automation Insights

    4. 1.4 Insights on the Industrial Waste production

    5. 1.5 Impact of the COVID-19 Pandemic on the Market

  2. 2. Market Segmentation

    1. 2.1 By Type

      1. 2.1.1 Construction and Demolition

      2. 2.1.2 Manufacturing Waste

      3. 2.1.3 Oil and Gas Waste

      4. 2.1.4 Other Waste (Chemical Waste, Mining Waste, Agriculture Waste, Nuclear Waste)

    2. 2.2 By Service

      1. 2.2.1 Recycling

      2. 2.2.2 Landfill

      3. 2.2.3 Incineration

      4. 2.2.4 Other Services

    3. 2.3 By Country

      1. 2.3.1 Saudi Arabia

      2. 2.3.2 United Arab Emirates

      3. 2.3.3 Qatar

      4. 2.3.4 Oman

      5. 2.3.5 Rest of GCC

GCC Industrial Waste Management Market Size FAQs

The GCC Industrial Waste Management Market size is expected to reach USD 7.35 billion in 2024 and grow at a CAGR of 5.32% to reach USD 10.03 billion by 2029.

In 2024, the GCC Industrial Waste Management Market size is expected to reach USD 7.35 billion.

GCC Industrial Waste Management Market Report Snapshots

GCC Industrial Waste Management Market Size & Share Analysis – Growth Trends & Forecasts (2024 – 2029)