"Vitrification is poised to transform the waste management industry by 2030"
The vitrification market involves products and services that employ high temperature treatment of waste in order to immobilize toxic and radioactive substances in glass form. Vitrification is considered highly effective for treatment of hazardous and nuclear waste as it turns liquid and solid waste into a stable and non-leachable glass form. Through this process, long-lived hazardous elements get incorporated into the crystalline structure of glass, thereby preventing leaching and groundwater contamination over extremely long periods.
The global vitrification market is estimated to be valued at USD 9.30 Bn in 2024 and is expected to reach USD 26.51 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 16.1% from 2024 to 2031.
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