Standard Report | Premium Report | |
---|---|---|
Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
Instant Download - Available immediately upon purchase | ||
Download both PDF and Excel
|
Download now: |
2024 U.S. Industry Statistics & Market Forecast - Materials Recovery Facilities
Market Size & Industry Statistics
The total U.S. industry market size for Materials Recovery Facilities:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|
Market Forecast ($ millions) | ||||||
Projected Industry Growth Rate (%) |
Industry Insights
The recycling facilities industry is heavily influenced by various trends, including technological advancements, environmental regulations, shifting consumer behavior, and the ever-growing competition. One significant trend that is transforming the sector is the shift towards automation and the adoption of innovative technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and robotics. Recycling firms are leveraging advanced equipment and software to streamline their operations, minimize waste, and improve their bottom line.Another trend affecting the industry is the growing focus on sustainability and circular economy initiatives. Companies are investing in more sustainable practices such as the reduction of greenhouse gas emissions, utilizing eco-friendly materials, and developing sustainable supply chains. Consumers are also placing more emphasis on environmentally-friendly goods, leading to a more significant demand for recycled products.
The increasing number of environmental regulations is also affecting recycling facilities. Governments worldwide are imposing stricter environmental standards for waste reduction and recycling, which has led to an increase in compliance costs for recycling firms.
The growing competition in the recycling industry has led to greater consolidation and an emphasis on operational efficiency. Recycling firms are merging, acquiring, and partnering with other businesses to reduce competition and improve their service offerings.
Finally, social media and changing consumer behavior have increased the demand for transparency and corporate social responsibility from recycling companies. Firms are now expected to be more transparent, accountable, and proactive in their environmental and sustainability efforts.
Product & Services Breakdown
Research products and services in the Materials Recovery Facilities industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
---|---|---|---|
Industry Total |
|||
Non-Hazardous Waste And Recyclable Material Collection Services, Non-Residential |
|||
Other Non-Hazardous Waste Collection Services |
|||
All Other Non-Hazardous Waste Collection Services, Including Snowplowing Services |
|||
Non-Hazardous Waste And Recyclable Material Consolidation, Storage, And Preparation Services |
|||
Recyclable Material Recovery And Preparation Services |
|||
Non-Hazardous Waste And Recyclable Material Transportation Services |
|||
Non-Hazardous Waste Or Recyclable Material Brokerage Services |
|||
Sale Of Non-Hazardous Waste, Including Recovered Methane Gas, Compost, And Recyclable Materials |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) | |
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Materials Recovery Facilities company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
---|---|
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Materials Recovery Facilities industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Materials Recovery Facilities measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
---|---|
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
---|---|
Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 7% | Order at top of page |
||
Chief Executives | 0% | |||
General and Operations Managers | 5% | |||
Business and Financial Operations Occupations | 6% | |||
Business Operations Specialists | 5% | |||
Office and Administrative Support Occupations | 12% | |||
Construction and Extraction Occupations | 41% | |||
Supervisors of Construction and Extraction Workers | 6% | |||
First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
First-Line Supervisors of Construction Trades and Extraction Workers | 6% | |||
Construction Trades Workers | 8% | |||
Other Construction and Related Workers | 27% | |||
Hazardous Materials Removal Workers | 18% | |||
Hazardous Materials Removal Workers | 18% | |||
Septic Tank Servicers and Sewer Pipe Cleaners | 9% | |||
Septic Tank Servicers and Sewer Pipe Cleaners | 9% | |||
Transportation and Material Moving Occupations | 19% | |||
Motor Vehicle Operators | 7% | |||
Driver/Sales Workers and Truck Drivers | 7% | |||
Heavy and Tractor-Trailer Truck Drivers | 6% | |||
Material Moving Workers | 10% | |||
Laborers and Material Movers | 7% | |||
Laborers and Freight, Stock, and Material Movers, Hand | 6% |
Materials Recovery Facilities Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Materials Recovery Facilities industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Materials Recovery Facilities industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Materials Recovery Facilities industry. |
Innovation News
- Jan 19, 2024: Powerhouse Recycling trademarks "SOLAR PANEL RECYCLING.COM" - Recycling of solar panels and electronics
- Jan 03, 2024: Powerhouse Recycling trademarks "POWERHOUSE RECYLING" - Recycling of electronics, batteries, and solar panels
- Oct 13, 2020: Acrylatex Coatings & Recycling trademarks "ARMSS" - Chemical additives for asphalt
- Jun 04, 2015: Tetra Recycling patents Method Of Recovering Silver And Paper From Silver-coated Paper Film
Recent Federal Contracts for Materials Recovery Facilities- Mar 05, 2024: NICK'S AUTO WRECKING, SALVAGE AND METAL RECYCLING, LLC (Kodiak, AK) awarded $365,060
- Feb 06, 2024: ROCKY MOUNTAIN RECYCLING, INC. (Commerce City, CO) awarded $9,600
- Jan 23, 2024: NICE NORTH AMERICA LLC (Carlsbad, CA) awarded $13,938
- Jan 16, 2024: GREEN LEAF BUILDERS INC (Sallisaw, OK) awarded $83,162
- Mar 05, 2024: NICK'S AUTO WRECKING, SALVAGE AND METAL RECYCLING, LLC (Kodiak, AK) awarded $365,060
- Feb 06, 2024: ROCKY MOUNTAIN RECYCLING, INC. (Commerce City, CO) awarded $9,600
- Jan 23, 2024: NICE NORTH AMERICA LLC (Carlsbad, CA) awarded $13,938
- Jan 16, 2024: GREEN LEAF BUILDERS INC (Sallisaw, OK) awarded $83,162