PFAS Waste Management Market

PFAS Waste Management Market worth $2.50 billion by 2029

The report "PFAS Waste Management Market By Substance Type (Pfos, Pfoa, Pfba, Pfda), Waste Type, Treatment Method (Incineration, Landfilling, Recycling, Solidification), Pfa Content, Service Type, Source Type (Industrial, Military, Construction, Municipal), And Region – Global Forecast To 2029", The PFAS waste management market is projected to reach USD 2.50 billion by the year 2029 from USD 1.70 billion in the year 2024, at a CAGR of 5.8% during the forecast period.

Several factors have contributed to fostering the growth of the PFAS waste management market as indicated below; This is highly credited to the two key players; regulatory developments accompany strict policies, as the global governments step up the efforts to contain these chemicals by imposing firm requirements on PFAS disposal and treatment. The instance where the United States Environmental Protection Agency sets maximum contaminant levels in the context of PFAS in drinking water and implements the right policy measures for waste management across Europe is an impetus. Regulations therefore give a push to the new-generation waste management solutions for which investments are done. Treatments related to the newer techniques with advanced oxidation, thermal desorption, and absorbent materials fuel momentum in this market. These developments make it possible to better mechanisms of handling PFAS wastes and scale up ant-contamination in industrial sites, landfills, and water resources. Furthermore, the continued development of PFAS-containing industries such as textiles, firefighting foams, and electronics generate wastes that require holistic waste management services. Each of the considered factors contributes to the growth of the PFAS waste management market worldwide and all together provides the basis for its development.

Browse 275 market data tables and 54 figures spread through 274 pages and in-depth TOC on the “PFAS Waste Management Market By Substance Type (Pfos, Pfoa, Pfba, Pfda), Waste Type, Treatment Method (Incineration, Landfilling, Recycling, Solidification), Pfa Content, Service Type, Source Type (Industrial, Military, Construction, Municipal), And Region – Global Forecast to 2029.”
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/pfas-waste-management-market-2812989.html

“Perfluorooctanoic Acid (PFOA) sector is projected to be the fastest-growing substance type in the PFAS waste management market”

The Perfluorooctanoic Acid (PFOA) sector had the largest market share in the PFAS Waste Management Market in 2023 since this chemical had a large effect on the environment and was used commonly in the past. PFOA is another member of the PFAS family used in industries and consumer products such as non-stick cookware, water-repellent clothing, and fire-fighting agents. The non-biodegradable characteristic has led to its wide distribution in water, soil, and ecosystems hence the central concern in waste management by regulators and industrial establishments. This segment has been determined by government regulations as being the most important segment that has contributed a lot to shaping existing markets. Treatments of PFOA are difficult hence it falls under the persistent organic pollutant according to international treaties such as the Stockholm Convention. The full-scale that has been put in place of green remedial technologies entails fiery treatment including high-temperature incineration policies of PFOA in North America, Europe, and Asia-Pacific nations. Further, concerns about several adverse health effects like Six and cancer as well as endocrine disruption due to PFOA have increased public and regulatory awareness. As a result, there has been a focus on the development of more specific waste management frameworks and complex equipment and, thus, the strengthening of PFOA’s role in the market. Environmental pressure, regulation, and technological developments have not eased up but remain a driving force in this segment.

“Solid waste to have the second highest market share in the PFAS waste management market”

In the PFAS waste management market, the solid waste segment was the largest market share in 2023 due to a high level of PFAS waste contamination in solids like soils, industrial waste by-products, and leachate from landfills. Industrial production, uncontained discharge of PFAS products, and wastes from firefighting foams also play a big role in solid wastes. The concentration of PFAS in solid waste has risen in public prominence, and this has created a need for enhanced remediation alternatives. The regulation of PFAS pollution by the government has gone a notch higher by enhancing the significance of SWM. For example, current landfill requirements demand a method that has the potential to prevent the leaching of PFAS and contamination. Incineration and encapsulation are now leading technologies for managing solid PFAS waste, with high-temperature incineration being considered a best practice in PFAS elimination since the substance is burned at high temperatures and no longer exists after combustion. Further, concerns related to ‘forever chemicals’ have made both the public and regulators focus on industries and municipal treatment facilities. Its relevance is also linked to the continued development of the infrastructure, and investiture in the technologies for waste management for PFAS within the segment of the solid waste management thus making the solid waste an important segment within the PFAS waste management market.

Key players

The PFAS waste management market report comprises key manufacturers such as Chemours (US), Asahi Glass (India), Kuraray (Japan), Arkema (France), BASF (Germany), Shandong Chengxin Chemical (China), DIC Corporation (Japan), 3M (US), Daikin Industries (Japan), and Huntsman Corporation (US) among others.

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PFAS Waste Management Market Size,  Share & Growth Report
Report Code
UC-CH-6785
PR Published ON
1/2/2025
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