Garbage Disposals Market - Size, Share, Outlook, and Opportunity Analysis, 2018-Posted by Apeksha on June 5th, 2019 Garbage disposals are environment friendly and the end product produced after the processing of waste is further used in the form of biofuels, which is an added advantage of the disposal units. It is used for commercial and residential applications. Garbage disposals are further segmented on the basis of their product type as continuous and batch feed disposals. The waste generated from garbage disposals is further treated in wastewater treatment plants and the leftover grit/solid remains are used as fertilizers. This method is opted over the conventional dumping/burning of garbage, as it also allows to use the residual wastage. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2408 In-sink disposers convert food waste into fine particles, in the form of slurry. This slurry passes through the plumbing system to reach septic tank and a process called anaerobic digestion transforms the waste into end products such as biogas. This biogas can be used in the form of fertilizers or biofuel to generate electricity. The use of garbage disposals reduces carbon footprints more efficiently as compared to conventional methods of disposing food waste on the landfills, which produces methane gas. Methane gas traps heat from the surrounding and releases a liquid acidic residue, which seeps into the ground water to pollute water reserves. Moreover, conventional methods of garbage disposals coupled with foul smell from trash bins and soot from burning garbage in the environment lead to various health hazards such as dengue, malaria, asthma, and respiratory illnesses. Therefore, above mentioned factors are expected to drive market growth for the garbage disposals resulting in its high demand during the forecast period. The global garbage disposals market was valued at US$ 7.518.75 million in 2017, and is anticipated to register a CAGR of 1.19% in terms of revenue, over the forecast period (2019 – 2026), to reach US$ 8,297.43 million by 2026. Asia Pacific is the fastest growing region and held the highest CAGR among the regions segment during the forecast period (2019-2026), owing to the rapid economic growth of countries such as India and China. For instance, India is witnessing inefficient waste infrastructure and increasing rates of solid waste generation per capita. According to the statistics published in the Assocham Conference on 5th national conference and awards on waste to wealth, India alone generates more than 100,000 metric tons of solid waste per day. Therefore, the demand for garbage disposals in APAC is expected to increase during the forecast period. Major players operating in the global garbage disposals market include, Emerson Electric Co., Fortune Brands Home & Security Inc., Whirlpool Corporation, Illinois Tool Works Inc., Joneca Corporation, Salvajor, Electrolux AB, Western Industries Plastic Products LLC., Western Industries Plastic Products LLC. Sears Brands, LLC, and Haier Inc. For More Information: https://www.coherentmarketinsights.com/market-insight/garbage-disposals-market-2408 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Like it? Share it! More by this author |