Research and Markets: South African Hazardous Waste Management Market on an Upswing Driven by Tightening Government Legislations according to this Latest 2009 Study
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DUBLIN--(Business Wire)-- Research and Markets(http://www.researchandmarkets.com/research/b20762/the_south_african) has announced the addition of Frost & Sullivan's new report "The South African Hazardous Waste Management Market" to their offering. This Frost & Sullivan research service titled The South African Hazardous Waste Management Market provides a strategic overview of the total hazardous waste management market. In this research, Frost & Sullivan's expert analysts thoroughly examine the current trends in hazardous waste management and how service providers can take advantage of the opportunities that are expected to arise within this market. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: biological treatment equipment, physico-chemical treatment equipment and thermal treatment equipment. The following market segments are covered in this research: mining, power generation and industrial and metals finishing. Market Overview The South African hazardous waste management market is on an upswing due to tightening legislation related to waste collection, transportation and disposal. Environmental inspectors have been pressuring waste generating companies to improve their environmental impact management programmes, opening up opportunities for waste management companies. "The recent tightening of environmental legislation by environmental inspectors known as the 'Green Scorpions' has been a major driver in the rapid increase volumes of hazardous waste emanating from various industries," notes the analyst of this research . "Environmental inspectors have been pressuring industries to treat, dispose, and rehabilitate several historical stockpiles." Previously, a mere 4.8 per cent of the total hazardous waste material generated in South Africa found its way to hazardous landfill sites. However, in 2008, some of the major hazardous waste management companies received record tonnages, with some treating and disposing 58.0 per cent more hazardous waste compared to 2007. Most hazardous waste material generated in South Africa originates from the mining industry. The current economic slowdown has had an adverse effect on this industry due to the depreciation in commodity prices amidst a shrinking global demand for commodities. "The mining sector generates approximately 90 per cent of all hazardous waste material found in South Africa," explains the analyst. "Hazardous waste material generated from mining activities is expected to continue falling until there is an upsurge in mining activities." Despite the present slowdown in mining activities, the power generation industry is expected to produce high volumes of hazardous waste material. Eskom Holdings, South Africa's biggest power supplier, has embarked on an expansion drive to increase generation capacity and ensure reliable supply of electricity to the country. During this process, large volumes of hazardous waste material are likely to be generated from scrubbed off-gases. The power generation as well as the petrochemical industries are anticipated to generate huge volumes of hazardous waste material, as they embark on their expansion drive. The strict enforcement of legislation guarantees the need for responsible and holistic waste management services by these industries. "Ultimately, waste management companies need to diversify their portfolio of clients to cushion themselves from the negative impacts of the current economic slump," concludes the analyst. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: * Mining * Power generation * Industrial and metals finishing * Technologies The following technologies are covered in this research: * Biological treatment equipment * Physico-chemical treatment equipment * Thermal treatment equipment Key Topics Covered: * 1. Executive Summary * 2. Industry Overview, Challenges and Market Forces * 3. Hazardous Waste Services Market * 4. Hazardous Waste Equipment Market Overview * 5. Strategic Conclusions For more information visit http://www.researchandmarkets.com/research/b20762/the_south_african Research and Markets Laura Wood Senior Manager Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 press@researchandmarkets.com Copyright Business Wire 2009
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