Waste & Recycling Collection Vehicle Market Set to Boom in India
Image Credit: Chavda_Photographers The market for solid waste management vehicles in India is projected to achieve a Compound Annual Growth Rate (CAGR) of 7.6%, between 2014 and 2019, according to a recent market report. The report -India Solid Waste Management Vehicles Market Forecast and Opportunities, 2019 – noted that on an average, around 135,000 tonnes solid waste is generated in India’s urban regions every day. The top six metro cities in India - Delhi, Mumbai, Bangalore, Hyderabad, Chennai and Kolkata – were said to contribute towards one third of the entire solid waste collection in India. In India, municipal corporations are the main governing bodies responsible for complete handling and regulation of solid waste management in cities. According to the authors, TechSci Research, the majority of demand for solid waste management vehicles is emanating from municipalities with total solid waste collection capacity in the range of around 500 to 1000 tonnes per day. The report added that several municipal corporations in India do not have a proper and organised solid waste management system, which offers huge potential for growth in the SWM vehicles market in India. Auto tippers are expected to continue dominating the market by the end of the forecast period, as these vehicles are still said to be preferred by municipalities for door-to-door collection of solid waste. However, the report said that compactors are likely to emerge as the fastest growing market segment, supported by increasing popularity of compaction hydraulic technology among municipal corporations in the country. The Southern region is expected to continue holding largest share in the India SWM vehicles market, as municipalities in South India are said to be more organised and developed as compared to municipalities in other regions. The market for SWM vehicles in India as a whole is expected to be driven by factors such as a constant rise in solid waste generation due to population increase across cities, mandatory implementation of regulations specified by the Solid Waste Management Act, 2000 by municipalities across India, and need for municipal corporations to upgrade existing fleets. According to the report the market for solid waste management vehicles in India is projected to grow at a CAGR of 7.6%, in value terms, during 2014-19. Read More IPEN - Informal E-Waste Recycling Polluting Land & Water E-waste recycling in India has caused soil contamination from the high levels of heavy metals being openly discharged, as well as concerning levels of mercury in the water, according to a new report from the International POPs Elimination Network (IPEN). Recycling Infrastructure Needed as E-Waste Set for Explosion in India With a massive population of 1.3 billion enjoying rapidly increasing access to technology and computers, the near future will see an e-waste explosion in India, according to researchers at the PEC University of Technology, in Chandigarh and the Surya World Technical Campus in Punjabm, India. Indian Waste Management Survey Awareness High but Over Half Unwilling to Separate Organics A survey by the Energy and Resources Institute has found that almost 90% felt that improper waste management in India posed a moderate to severe health risk, but less than half would seperate organics for recycling. A Billion Reasons for Waste to Energy in India Twenty three Indian cities will each generate more than 1000 metric tonnes of municipal solid waste per day in the next five years. Cumulatively they will generate 93,000 tonnes of municipal solid waste every day. At this scale, solid waste management systems without waste to energy combustion technology, will not be able to safely and economically treat and recover energy from post-recycled waste. By Ranjith Annepu.