Liquid Waste Management Market To Reach $124.83 Billion By 2033

Liquid Waste Management Market Growth & Trends

The global liquid waste management market size is anticipated to reach USD 124.83 billion by 2033, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.6% from 2025 to 2033. The growing utilization of water per household globally is expected to drive liquid waste generation in the residential and commercial sectors. Factors, such as stringent regulations coupled with ongoing investments in various industries, such as oil & gas, petrochemical, and chemical, are expected to drive the demand for wastewater secondary treatment equipment, which is expected to further drive the demand for liquid waste management. For instance, The Bipartisan Infrastructure Legislation (BIL) offers support to local economies and makes the most of federal infrastructure initiatives already in place to meet the demand for wastewater infrastructure in disadvantaged areas of the country.

For instance, the BIL offers USD 11.7 billion through the Clean Water State Revolving Fund (CWSRF), with 49% of funds accessible as grants as of March 2022. These aforementioned initiatives will further drive the market expansion in the coming years.The discharge of untreated wastewater and other liquid waste from homes, municipal facilities, and industries into water bodies causes water pollution, thereby, threatening the environment as well as human and animal life. The collection and treatment of sewage and wastewater are very critical for public health as well as clean water. Thus, the U.S. government has introduced stringent regulations and standards for wastewater treatment for both municipal and industrial sectors, which is expected to drive the market over the forecast period.

For instance, The Clean Water Act is a vital federal government act that establishes a regulatory structure for pollutant discharges into water bodies and regulates the quality standards for surface waters. In addition, the U.S. Environmental Protection Agency has implemented pollution control programs under the Clean Water Act.Industrial & residential waste or sewage is often associated with health concerns since improper disposal of waste leads to pollution, environmental toxicity & degradation, and soil contamination among other nuisances. Strong odor, unsightliness, and other hazards associated with waste, such as breeding grounds for insects and pests, have also made it crucial to develop appropriate processing and treatment facilities for waste.

Key companies are strategizing to increase revenue generation, with a focus on R&D, mergers & acquisitions, and geographic expansion. For instance, in March 2023, Stericycle, Inc. and UPS Healthcare collaborated to look after the reverse logistics of medical waste. As a result of the collaboration, a variety of medical waste categories, including sharps, pharmaceutical wastes, and biohazardous are transported, treated, & disposed of. Furthermore, in February 2022, Republic Services, Inc. and U.S. Ecology, Inc. entered into an agreement through which Republic Services acquired outstanding shares in cash of U.S. Ecology for USD 48 per share.

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Liquid Waste Management Market Report Highlights

• The residential segment led the market with the largest revenue share of 42.1% in 2024, due to rapid population growth, water usage across various household applications has surged, increasing per capita wastewater generation.

• The transportation segment led the market with the largest revenue share of 50.4% in 2024, due to rising volumes of industrial and municipal liquid waste requiring safe transfer to treatment or disposal sites.

• North America dominated the liquid waste management market with the largest revenue share of 42.1% in 2024, due to strict environmental regulations, high industrial activity, and increasing urbanization.

Liquid Waste Management Market Segmentation

Grand View Research has segmented the global liquid waste management market on the basis of source, service, and region:

Liquid Waste Management Source Outlook (Revenue, USD Billion, 2021 - 2033)

• Residential

• Commercial

  • Toxic & Hazardous

  • Organic & Non-Hazardous

• Industrial

  • Toxic & Hazardous

  • Organic & Non-Hazardous

Liquid Waste Management Service Outlook (Revenue, USD Billion, 2021 - 2033)

• Transportation

• Collection

• Treatment Disposal/ Recycling

Liquid Waste Management Regional Outlook (Revenue, USD Billion, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Russia

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players of Liquid Waste Management Market

• Veolia

• SUEZ S.A.

• Evoqua Water Technologies Corporation

• Biffa plc

• Waste Management Inc.

• Clean Harbors Inc.

• Clean Water Environmental

• Liquid Environmental Solutions (LES)

• DC Water

• Covanta Holding Corp.

• Stericycle, Inc.

• U.S. Ecology, Inc.

• Republic Services, Inc.

• Hazardous Waste Experts

• Xylem, Inc.