This U.S. industry comprises establishments primarily engaged in (1) operating treatment and/or disposal facilities for hazardous waste or (2) the combined activity of collecting and/or hauling of hazardous waste materials within a local area and operating treatment or disposal facilities for hazardous waste.
The hazardous waste treatment and disposal industry (NAICS 562211) is experiencing several notable qualitative trends. Increased environmental awareness and stricter regulatory frameworks are driving demand for more efficient and safer waste management solutions. Companies are investing in advanced technologies such as artificial intelligence and machine learning to optimize waste treatment processes and enhance safety protocols.
Another trend is the shift towards sustainable practices. Businesses are emphasizing the reduction of waste generation at the source and promoting the recycling and repurposing of hazardous materials. This is driven by both regulatory pressures and market demand for greener solutions.
There is a rising focus on cybersecurity within the industry, as the integration of digital systems in waste management exposes operations to potential cyber threats. Companies are strengthening their cybersecurity measures to protect sensitive data and ensure operational continuity.
Looking ahead, the market is expected to see continued growth, driven by ongoing regulatory changes and increasing public and corporate commitment to environmental stewardship. The adoption of innovative technologies is likely to accelerate, improving efficacy and compliance. Overall, the industry is poised for significant advancements in both technological integration and sustainable practices.
Acid waste disposal facilities
Acid waste treatment facilities
Combustors, hazardous waste
Hazardous waste disposal facilities
Hazardous waste disposal facilities combined with collection and/or local hauling of hazardous waste
Hazardous waste material disposal facilities
Hazardous waste material treatment facilities
Hazardous waste treatment facilities
Hazardous waste treatment facilities combined with collection and/or local hauling of hazardous waste
Incinerators, hazardous waste, operating
Radioactive waste collecting and/or local hauling in combination with disposal and/or treatment facilities
Radioactive waste disposal facilities
Radioactive waste treatment facilities
Waste disposal facilities, hazardous
Waste treatment facilities, hazardous
Waste treatment plants, hazardous
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.