For 2010 it is anticipated that growth in the
controlled waste management industry will remain relatively flat
in real terms or may show marginal growth. Over the medium-longer
term, however, the pressing need for the UK to significantly
improve its recycling and composting rates and to develop its
waste treatment and recycling infrastructure means that there will
opportunities for substantial growth in the market.
From 2011 through to
2014, we would expect to see an increase in market values,
underpinned by the EU Landfill Directive target for 2013 which
will necessitate an increase in waste recovery rates and a major
increase in investment in the infrastructure needed to deliver
this. After 2013, the rate of growth might slow down before
accelerating once more to meet official 2020 targets.
There will continue to
be a marked convergence in the waste management and the renewable
energy sectors as the uptake of not only AD and gasification
plants increase but also energy-from-waste-incineration. Currently
there are 22 MSW incineration with EfW plants operational but
there are many more in the development pipeline.
Over the next 10
years, we expect there to be substantial growth in the waste
management sector underpinned by the urgent need to divert
increasing annual volumes of waste arisings from landfill combined
with the pressing need for huge levels of further investment in
the UK’s waste management and recycling infrastructure.
