|Last Quarterly Update:||11/21/2016|
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Companies in this industry operate materials recovery facilities (MRFs) that separate and sort recyclables from waste streams or separate commingled recyclable materials. Major companies include the MRF divisions of vertically integrated waste management companies such as Republic Services, Rumpke, and Waste Management (all based in the US), as well as Remondis (Germany), Suez Environnement (France), Veolia Environnement (France), and Waste Connections (Canada).
Worldwide, the recycling industry generates about $200 billion in revenue, according to the Bureau of International Recycling. The solid waste and recycling market is largest in developed nations, but growing fastest in developing countries with rising incomes and rapid urbanization, such as China and India.
The US solid waste and recycling industry includes about 1,500 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6 billion. Companies that collect, treat, and dispose of waste materials are covered in the Waste Management Services profile. Companies that wholesale automotive, industrial, and other recyclable materials are covered in the Recyclable Material Wholesalers profile. Companies that provide wastewater treatment services are covered in the Water & Sewer Utilities profile.
Demand depends on the volume of waste generated, which depends on economic conditions and consumer spending, and the perceived importance of recycling. The profitability of individual companies depends on efficient operations, because the service is a commodity sold based on price. Big companies enjoy economies of scale in ...
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