Hazardous Waste Disposal Services Procurement Category Market Research Report Now Available from IBISWorld

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Because most aspects of the hazardous material disposal process are standardized, buyers have a wider range of haulers form which to choose; thus, the low levels of specialization benefit buyer power. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of Hazardous Waste Disposal Services to its growing collection of procurement category market research reports.

IBISWorld industry market research
Due to rising compliance laws, operators will be forced to use more complex their hazardous waste disposal techniques.

Hazardous waste disposal services have a buyer power score of 3.0 out of 5. This score signifies that buyers in the hazardous waste disposal market have a moderate level of power. “Low levels of specialization raise buyer power, while high market share concentration and a low availability of substitutes limit buyer power,” says IBISWorld business research analyst Deonta Smith.

Because most aspects of the hazardous material disposal process are standardized, buyers have a wider range of haulers form which to choose. Thus, the low levels of specialization benefit buyer power. “However, low specialization will not benefit buyers seeking to dispose of highly sensitive materials such as radioactive waste because regulations mandate that such materials are handled and disposed using more complex methods, which can impact service prices,” says Smith.

While small-scale haulers make up the majority of service providers, large-scale firms own most of the market share, which further limits a buyer's options. Moreover, any buyer that is planning on procuring hazardous waste disposal services in a certain market will be limited to operators that service that geographic location, which reduces buyer power.

The lack of substitutes for hazardous waste decontamination services also can narrow the buyer's scope of possibilities. If a buyer is not satisfied with the firm that serves their geographic location, procuring services from a national firm may be available as an alternative. Leaning toward a larger operator can help buyers obtain leverage by creating competition during the negotiation process. Major vendors include Clean Harbors Inc., Freedom Environmental Services Inc., Heritage-Crystal Clean Inc. and Newalta Corporation. For more information, visit IBISWorld’s Hazardous Waste Disposal Services procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of hazardous waste disposal services. Provided services include the disposal of medical, acid, hazardous and inorganic waste as well as chemical detoxification. This report excludes waste treatment services.

-Executive Summary
-Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast

-Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Quality Control

-Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Competitive Environment
Market Share Concentration
Market Profitability
Switching Costs

-Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements

-Negotiation Questions
-Buyer Power Factors
-Key Statistics

About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
IBISWorld Inc.
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