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Global Solid Waste Management Market Research Report 2016

It is an inevitable by-product of civilization which is a threat to public health and environment. Increased globalization and a surge in population and Gross Domestic Product (GDP), among others have led to an increase in the overall waste volume globally.

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Global Solid Waste Management Market Research Report 2016

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  1. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) Solid waste management is termed as the process of the proper collection and disposal of solid waste produced from various sources such as municipal and industrial facilities. It is an inevitable by-product of civilization which is a threat to public health and environment. Increased globalization and a surge in population and Gross Domestic Product (GDP), among others have led to an increase in the overall waste volume globally. According to World Bank in 2012, urban population produced about 1.3 billion tonnes of Municipal Solid Waste (MSW) which is expected to grow to 2.2 billion tonnes in 2025. The costs for managing solid waste is expected to increase drastically in lower middle (four times) income countries such as India and Brazil among others and even higher in low income countries (five times) such as Kenya and Ghana among others. Therefore, the need for solid waste management has increased largely at a global scale. The following figure exhibits the global solid waste management market size: Global Solid Waste Management Market Value ($Billion) EUROPE $XX Billion XX% NORTH AMERICA $XX Billion ASIA-PACIFIC XX% $XX Billion. XX% REST OF THE WORLD $XX Billion XX% Market Value (2015) CAGR (2016-2022) BIS Research Analysis www.bisresearch.com

  2. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) The global solid waste management market was valued at $XX billion in 2015 and is expected to reach $XX billion by 2022, growing at CAGR of XX% between 2016 and 2022. Compliance with stringent environmental regulations, increasing population, GDP growth and rapid urbanization and industrialization are some of the key factors which will act as major drivers for the growth of this market. Key questions answered in the report: • What are the key drivers, challenges and opportunities for the global solid waste management market? • What kind of development strategies have gained traction among the players for growth in solid waste management market? • What are the different types of solid waste management types and their services and their market size? • Which region is currently dominating the solid waste management market and the market size by different geography? • Who are the major players in solid waste management market and their respective company profiles? www.bisresearch.com

  3. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) Analysis & Forecast: Base Year: 2015 Annual Estimated Forecast (2016-2022) Market, By Waste Type: Municipal waste and Industrial waste Market, By Services: Collection Services and Disposal Services (sub segmented into Landfills, Recycling, Waste to Energy Incineration, Composting and Anaerobic Digestion and Others) Market by Region: North America, Europe, Asia Pacific, and Rest of the World www.bisresearch.com

  4. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) TABLE OF CONTENTS Executive Summary 1 Research Scope and Methodology 1.1 Scope of the Report 1.2 Global Solid Waste Management Market Research Methodology 1.2.1 Primary Data Sources 1.2.2 Secondary Data Sources 1.3 Assumptions and Limitations for Market Estimation and Forecasting 1.3.1 Assumptions 1.3.2 Limitations 2 Market Dynamics 2.1 Market Drivers 2.1.1 Megacities Initiative 2.1.2 Environmental Pollution and Public Health Concern 2.1.3 GDP Coupled with Population Growth 2.1.4 Emerging Policy Framework 2.2 Market Challenges 2.2.1 ‘Not in my Backyard’ (NIMBY) – Challenge to Proper Disposal of Solid Waste 2.2.2 Financial Barriers 2.2.3 Policy Uncertainty 2.3 Market Opportunity 2.3.1 Emerging Economies - A Better Prospect for Business Expansion 2.3.2 Incorporation of New Technologies along with the Traditional Culture 2.3.3 Collaboration of Information Technology (IT) to Integrated Waste Management Value Chain 3 Competitive Landscape 3.1 Key Market Development and Strategies 3.1.1 Mergers and Acquisitions 3.1.2 Partnerships, Joint Ventures, Agreements, Contracts and Collaborations 3.1.3 Product Launch and Development 3.1.4 Business Expansion 3.1.5 Awards 4 Industry Landscape 4.1 Regulatory Bodies 4.2 Associations/Consortiums 4.3 Patent Analysis 4.4 Value Chain of Solid Waste Management 5 The Global Solid Waste Management Market Analysis & Forecast 5.1 Assumptions and Limitations for Analysis and Forecast of the Global Solid Waste Management Market 5.2 Market Overview 5.3 The Global Solid Waste Management Market by Waste Type 5.3.1 Municipal Solid Waste 5.3.2 Industrial Solid Waste 5.4 Global Solid Waste Management Market Analysis & Forecast by Services 5.4.1 Collection Services 5.4.2 Disposal Services 5.4.2.1 Landfills 5.4.2.2 Recycling 5.4.2.3 Waste to Energy Incineration 5.4.2.4 Composting and Anaerobic Digestion 5.4.2.5 Other Services 5.5 Global Solid Waste Management Market Analysis & Forecast by Geography 5.5.1 North America 5.5.2 Europe 132 5.5.3 Asia Pacific 5.5.4 Rest of World (RoW) www.bisresearch.com

  5. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) TABLE OF CONTENTS 6 Company Profiles 6.1 Waste Management 6.1.1 Overview 6.1.2 Financials 6.1.2.1 Financial Summary 6.1.3 SWOT Analysis 6.2 Republic Services 6.2.1 Overview 6.2.2 Financials 6.2.2.1 Financial Summary 6.2.3 SWOT Analysis 6.3 Veolia Environment S.A 6.3.1 Overview 6.3.2 Financials 6.3.2.1 Financial Summary 6.3.3 SWOT Analysis 6.4 Suez Environment S.A 6.4.1 Overview 6.4.2 Financials 6.4.2.1 Financial Summary 6.4.3 SWOT Analysis 6.5 Clean Harbors 6.5.1 Overview 6.5.2 Financials 6.5.2.1 Financial Summary 6.5.3 SWOT Analysis 6.6 Sims Metal Management Ltd. 6.6.1 Overview 6.6.2 Financials 6.6.2.1 Financial Summary 6.6.3 SWOT Analysis 6.7 Stericycle Inc. 6.7.1 Overview 6.7.2 Financials 6.7.2.1 Financial Summary 6.8 Waste Connections 6.8.1 Overview 6.8.2 Financials 6.8.2.1 Financial Summary 6.8.3 SWOT Analysis 6.9 Hitachi Zosen Corporation 6.9.1 Overview 6.9.2 Financials 6.9.2.1 Financial Summary 6.9.3 SWOT Analysis 6.10 Covanta Holding Corporation 6.10.1 Overview 6.10.2 Financial 6.10.2.1 Financial Summary 6.10.3 SWOT Analysis 6.11 Advanced Disposal Services 6.11.1 Overview 6.11.2 Financials 6.11.2.1 Financial Summary 6.11.3 SWOT Analysis 6.12 China Everbright International Ltd. 6.12.1 Overview 6.12.2 Financials 6.12.2.1 Financial Summary 6.12.3 SWOT Analysis 6.13 Cleanaway Waste Management 6.13.1 Overview 6.13.2 Financials 6.13.2.1 Financial Summary 6.13.3 SWOT Analysis 6.14 Remondis 6.14.1 Overview 6.15 Biffa Group 6.15.1 Overview 6.7.3 SWOT Analysis www.bisresearch.com

  6. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF TABLE Table 2.1 Factors Driving the Need for Solid Waste Management in Emerging Economies Table 2.2 Some Asian Countries with their Targets to Promote Waste to Energy Segment Table 2.3 Collection Rates and Recycling Rates in Countries Differentiated According to Income Levels, 2014-2015 Table 2.4 Comparison Between Conventional Methods and Next Generation Smart Technologies Table 3.1 Mergers and Acquisitions in Solid Waste Management Market Table 3.2 Joint Ventures, Agreements and Partnerships in Solid Waste Management Market Table 3.3 Some Examples of Contracts in Solid Waste Management Market Table 3.4 Product Launches in Solid Waste Management Market Table 3.5 Business Expansion in Solid Waste Management Market Table 3.6 Some Examples of Awards Provided in Solid Waste Management Industry Table 4.1 Examples of Some Regulatory Bodies Linked to Solid Waste Management Table 4.2 Examples of Some Associations/ Consortiums Table 4.3 Examples of Some Recent Patents Table 4.4 Types of Waste and their Sources Table 4.5 Stakeholders in Waste Management Industry Table 5.1 Global Solid Waste Management Market by Waste Type, 2015-2022 Table 5.2 Global Solid Waste Management Market Size by Waste Type, 2015-2022 Table 5.3 Municipal Solid Waste Market Size by Services, 2015-2022 Table 5.4 Municipal Solid Waste Market Volume by Region, 2015-2022 Table 5.5 Municipal Solid Waste Market Size by Region, 2015-2022 Table 5.6 Industrial Solid Waste Market Size by Services, 2015-2022 Table 5.7 Industrial Solid Waste Market Volume by Region, 2015-2022 Table 5.8 Industrial Solid Waste Market Size by Region, 2015-2022 Table 5.9 Global Solid Waste Management Market Size by Services, 2015-2022 Table 5.10 Global Solid Waste Management Market Size by Collection Services, 2015-2022 Table 5.11 Global Solid Waste Management Market Size by Region, 2015-2022 Table 5.12 Solid Waste Management Landfill Market by Value, 2015-2022 Table 5.13 Solid Waste Management Landfill Market Size by Region, 2015-2022 Table 5.14 Solid Waste Management Recycling Market by Value, 2015-2022 Table 5.15 Solid Waste Management Recycling Market Size by Region, 2015-2022 Table 5.16 Solid Waste Management Waste to Energy Incineration Market by Value, 2015-2022 Table 5.17 Solid Waste Management Waste to Energy Incineration Market Size by Region, 2015-2022 Table 5.18 Solid Waste Management Composting and Anaerobic Digestion Market by Value, 2015-2022 Table 5.19 Solid Waste Management Composting and Anaerobic Digestion Market Size by Region, 2015-2022 Table 5.20 Solid Waste Management Others Market by Value, 2015-2022 Table 5.21 Solid Waste Management Others Market Size by Region, 2015-2022 Table 5.22 Global Solid Waste Management Market Volume by Region, 2015-2022 Table 5.23 Global Solid Waste Management Market www.bisresearch.com

  7. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF TABLE Size by Region, 2015-2022 Table 5.24 North America Solid Waste Management Market Volume by Waste Type: 2015- 2022 Table 5.25 North America Solid Waste Management Market Size by Waste Type: 2015-2022 Table 5.26 North America Solid Waste Management Market Size by Services, 2015-2022 Table 5.27 Europe Solid Waste Management Market Volume by Waste Type, 2015-2022 Table 5.28 Europe Solid Waste Management Market Size by Waste Type, 2015-2022 Table 5.29 Europe Solid Waste Management Market Size by Services, 2015-2022 Table 5.30 Asia Pacific Solid Waste Management Market Volume by Waste Type, 2015- 2022 Table 5.31 Asia Pacific Solid Waste Management Market Size by Waste Type, 2015-2022 Table 5.32 Asia Pacific Solid Waste Management Market Size by Services, 2015-2022 Table 5.33 RoW’s Solid Waste Management Market Volume by Waste Type, 2015-2022 Table 5.34 RoW’s Solid Waste Management Market Size by Waste Type, 2015-2022 Table 5.35 RoW Solid Waste Management Market Size by Services, 2015-2022 www.bisresearch.com

  8. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF FIGURES Figure 1 Municipal Solid Waste Generated by Organization for Economic Cooperation and Development (OECD) Countries: 2000-2014 Figure 2 Global Solid Waste Market Size ($Billion), 2015 & 2022 Figure 3 Global Solid Waste Management Market by Waste Type ($Billion), 2015 & 2022 Figure 4 Global Solid Waste Management Market by Service Type ($Billion), 2015-2022 Figure 5 Global Solid Waste Management Market by Geography ($Billion), 2015-2022 Figure 1.1 Global Solid Waste Management Market Scope Figure 1.2 Research Overview Figure 1.3 Bottom up Approach for Market Estimation Figure 2.1 Global Solid Waste Management: Market Dynamics Figure 2.2 Global Megacities Location in 2015 Figure 2.3 Factors Linked with Waste Management Figure 2.4 %Share of Environmental Related Deaths Annually Figure 2.5 Region wise (%Share) of Environment Related Deaths Annually Figure 2.6 Number of Projects Implemented for Resource Recovery from Solid Waste through Different Methods, (August 2014 to June 2016) Figure 2.7 United Nations Projections for Population Growth by Region, 2015-2030 Figure 2.8 Waste Type (%Share) in Low Income and Lower-Middle Income Countries, 2014-15 Figure 2.9 Projects Implemented for Top 5 Feedstock Globally (August 2014 to June 2016) Figure 2.10 Projects (%Share) Implemented to Manage Waste, August 2014 to June 2016 Figure 2.11 Smartphone Applications Useful for Effective Solid Waste Management Figure 3.1 Recent Market Development & Strategies Snapshot Analysis Figure 4.1 Traditional Value Chain of Solid Waste Management and Services Linked Figure 4.2 Circular Economy Model or New Value Chain of Solid Waste Management Figure 4.2 Monetization in Solid Waste Management Industry Figure 5.1 Global Solid Waste Management Market Classification Figure 5.2 Solid Waste Types Generated Worldwide: Figure 5.3 Global Solid Waste Type Market Volume (Million Tonnes), 2015-2022 Figure 5.4 Industrial and Municipal Solid Waste Types by Volume, 2015 and 2022 Figure 5.5 Global Solid Waste Management Market Size ($Billion), 2015-2022 Figure 5.6 Municipal Solid Waste Market Size by Services ($Billion), 2015-2022 Figure 5.7 Municipal Solid Waste Market Volume by Region (Million Tonnes), 2015-2022 Figure 5.8 Municipal Solid Waste by Region ($Billion), 2015-2022 Figure 5.9 Industrial Solid Waste Market Size by Services ($Billion), 2015-2022 Figure 5.10 Industrial Solid Waste Market Volume by Region, 2015-2022 Figure 5.11 Industrial Solid Waste Market Size by Region ($Billion), 2015-2022 Figure 5.12 Global Solid Waste Management Market by Services Snapshot: Figure 5.13 Waste Management Hierarchy Figure 5.14 Percentage Share for Recycling Services of the Total Waste Treated Globally by Different Country Types: 2014-15 Figure 5.15 Comparison Between Few European Countries by Adoption of Different Types of Waste Disposal Method: 2014 Figure 5.16 Global Solid Waste Management Market Size by Services ($Billion), 2015-2022 Figure 5.17 Collection Rates in Different Income www.bisresearch.com

  9. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF FIGURES Groups Figure 5.34 Top 10 Countries Among Leading 50 Countries Generating MSW Figure 5.35 Global Solid Waste Management Market Volume by Region (Million Tonnes), 2015-2022 Figure 5.36 Global Solid Waste Management Market Size by Region ($Billion), 2015-2022 Figure 5.37 North America Solid Waste Management Market Snapshot Figure 5.38 North America Solid Waste Management Market Volume by Waste Type: 2015- 2022 Figure 5.39 North America Solid Waste Management Market Size by Waste Type: 2015-2022 Figure 5.40 North America Solid Waste Management Market Size by Services, 2015-2022 Figure 5.41 Europe Solid Waste Management Market Snapshot Figure 5.42 Europe Solid Waste Management Market Volume by Waste Type, 2015- 2022 Figure 5.43 Europe Solid Waste Management Market Size by Waste Type ($Billion), 2015-2022 Figure 5.44 Europe Solid Waste Management Market Size by Services, 2015-2022 Figure 5.45 Asia Pacific Solid Waste Management Market Snapshot Figure 5.46 Asia Pacific Solid Waste Management Market Volume by Waste Type, 2015- 2022 Figure 5.47 Asia Pacific Solid Waste Management Market Size by Waste Type ($Billion), 2015-2022 Figure 5.48 Asia Pacific Solid Waste Management Market Size by Services ($Billion), 2015-2022 Figure 5.49 Rest of World (RoW) Solid Waste Management Market Snapshot Figure 5.50 RoW’s Solid Waste Management Market Volume by Waste Type, 2015-2022 Figure 5.18 Global Solid Waste Management Market Size by Collection Services, 2015-2022 Figure 5.19 Global Solid Waste Management Collection Services Value by Region ($Billion), 2015-2022 Figure 5.20 Waste Disposal Types Adopted Around the Globe Figure 5.21 Percentage Share of Investments in Various Types of Waste Disposal Segments: Aug-14 to Jun-16 Figure 5.22 Percentage Share of Investments in Various Types of Waste Disposal Segments by Countries: Aug-14 to Jun- 16 Figure 5.23 Solid Waste Management Landfill Market by Value, 2015-2022 Figure 5.24 Solid Waste Management Landfill Market Size by Region, 2015-2022 Figure 5.25 Solid Waste Management Recycling Market by Value, 2015-2022 Figure 5.26 Solid Waste Management Recycling Market Size by Region, 2015-2022 Figure 5.27 Solid Waste Management Waste to Energy Incineration Market by Value, 2015-2022 Figure 5.28 Solid Waste Management Waste to Energy Incineration Market Size by Region, 2015-2022 Figure 5.29 Solid Waste Management Composting and Anaerobic Digestion Market by Value, 2015-2022 Figure 5.30 Solid Waste Management Composting and Anaerobic Digestion Market Size by Region, 2015-2022 Figure 5.31 Solid Waste Management Others Market by Value, 2015-2022 Figure 5.32 Solid Waste Management Others Market Size by Region, 2015-2022 Figure 5.33 Global Solid Waste Management Market and Growth Snapshot www.bisresearch.com

  10. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF FIGURES Figure 5.51 RoW’s Solid Waste Management Market Size by Waste Type, 2015-2022 Figure 5.52 RoW Solid Waste Management Market Size by Services, 2015-2022 Figure 6.1 Waste Management Inc.: Overall Financials, 2013-2015 Figure 6.2 Waste Management Inc.: Net Revenue by Business Segment, 2013-2015 Figure 6.3 Waste Management Inc.: Net Revenue by Different Regions in North America, 2013-2015 Figure 6.4 Waste Management: SWOT Analysis Figure 6.5 Republic Services: Overall Financials, 2013-2015 Figure 6.6 Republic Services: Net Revenue by Business Segment, 2013-2015 Figure 6.7 Republic Services: Net Revenue by Different Regions in North America, 2013-2015 Figure 6.8 Republic Services: SWOT Analysis Figure 6.9 Veolia Environment S.A: Overall Financials, 2013-2015 Figure 6.10 Veolia Environment S.A: Net Revenue by Business Segment Figure 6.11 Veolia Environment S.A: Waste Segment Breakdown (% share), 2014-2015 Figure 6.12 Veolia Environment S.A: Net Revenue by Different Geographies, 2013-2015 Figure 6.13 Veolia Environment S.A: SWOT Analysis Figure 6.14 Suez Environment S.A: Overall Financials, 2013-2015 Figure 6.15 Suez Environment S.A: Net Revenue by Business Segment, 2013-2015 Figure 6.16 Suez Environment S.A: Waste Segment Breakdown in % share, 2014-2015 Figure 6.17 Suez Environment S.A: Net Revenue by Different Geographies, 2013-2015 Figure 6.18 Suez Environment S.A: SWOT Analysis Figure 6.19 Clean Harbors: Overall Financials, 2013- 2015 Figure 6.20 Clean Harbors: Net Revenue by Business Segment, 2013-2015 Figure 6.21 Clean Harbors: SWOT Analysis Figure 6.22 Sims Metal Management: Overall Financials, 2014-2016 Figure 6.23 Sims Metal Management: Revenue by Different Business Segment, 2014-2016 Figure 6.24 Sims Metal Management: Revenue by Recycling of Secondary metals, 2014-2016 Figure 6.25 Sims Metal Management: Revenue by Different Geographies, 2014-2016 Figure 6.26 Sims Metal Management: SWOT Analysis Figure 6.27 Stericycle Inc.: Overall Financials, 2013- 2015 Figure 6.28 Stericycle Inc.: Net Revenue by Different Geographies, 2013-2015 Figure 6.29 Stericycle Inc.: SWOT Analysis Figure 6.30 Waste Conections: Overall Financials, 2013-2015 Figure 6.31 Waste Connections: Net Revenue by Different Business Segment, 2013-2015 Figure 6.32 Waste Connections: Net Revenue by Different Geographies Figure 6.33 Waste Connections: SWOT Analysis Figure 6.34 Hitachi Zosen: Overall Financial, 2014- 2016 Figure 6.35 Hitachi Zosen Corporation: Revenue by Different Business Segment, 2014-2016 Figure 6.36 Hitachi Zosen Corporation: Revenue by Different Geographies, 2014-2016 Figure 6.37 Hitachi Zosen Corporation: SWOT Analysis Figure 6.38 Covanta: Overall Financials, 2013-2015 Figure 6.39 Covanta: Net Revenue by Different Business Segment, 2013-2015 Figure 6.40 Covanta: Net Revenue by Geography (North America), 2013-2015 Figure 6.41 Covanta: SWOT Analysis www.bisresearch.com

  11. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) LIST OF FIGURES Figure 6.42 Advanced Disposal Services: Overall Financials, 2013-2015 Figure 6.43 Advanced Disposal Services: Net Revenue by Different Business Segment, 2013-2015 Figure 6.44 Advanced Disposal Services: Net Revenue by Geography (North America), 2013-2015 Figure 6.45 Advanced Disposal Services: SWOT Analysis Figure 6.46 China Everbright International Ltd.: Overall Financials, 2013-2015 Figure 6.47 China Everbright International Ltd.: Net Revenue by Different Business Segment, 2013-2015 Figure 6.48 China Everbright International Ltd.: Net Revenue by Geography, 2013-2015 Figure 6.49 China Everbright International Ltd.: SWOT Analysis Figure 6.50 Cleanaway: Overall Financials, 2014- 2016 Figure 6.51 Cleanaway: Net Revenue by Different Business Segments, 2014-2016 Figure 6.52 Cleanaway Waste Management Ltd: SWOT Analysis www.bisresearch.com

  12. Global Solid Waste Management Market, Analysis & Forecast: 2016 to 2022; (Focus on Recycling, Waste to Energy Incineration, Landfill, and Composting and Anaerobic Digestion, among Other Services in Municipal and Industrial Waste type) DISCLAIMER BIS Research provides valuable market intelligence to an exclusive group of customers in response to orders. The report is licensed for the customer’s internal use only and is subject to restrictions set henceforth. This document and its contents are confidential and may not be further distributed, published or reproduced, in whole or in part, by any medium or in any form for any purpose, without the express written consent of BIS Research. Customer will not disclose the contents of the report, whether directly in any media or indirectly through incorporation in a database, marketing list, report or otherwise, or use or permit the use of Information to generate any statistical or other information that is or will be provided to third parties; or voluntarily produce Information in legal proceedings. Market reports are based on expectations, estimates and projections as of the date such information is available. Any recommendation contained in this report may not be suitable for all investors or businesses. The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BIS Research as of the date of such statements, are inherently subject to market fluctuations and business, economic and competitive uncertainties and contingencies. For more details regarding permission, please contact us: Email: sales@bisresearch.com Tel: +1 650 228 0182 www.bisresearch.com

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