Wednesday, 4 April 2012

Grease Trap Cleaning in the US Industry Market Research Report Now Available From IBISWorld

 

Grease Trap Cleaning in the US Industry Market Research Report Now Available From IBISWorld

Revenue for the Grease Trap Cleaning industry has declined at an annualized rate of 0. Consequently, industry operators typically confine their operations on a local or regional basis, limiting the overall market share concentration of the industry. According to IBISWorld industry analyst Kevin Culbert, the Grease Trap Cleaning industry has a low level of market share concentration. This will particularly be the case for brown grease, the large majority of which presently ends up in landfills. However, new technology is being explored that allows brown grease to be transformed into a wide range of products, including oil and organic solids. The majority of companies in the industry operates from a single facility and employs fewer than nine full-time employees.

In the five years to 2017, industry revenue is forecast to raise. This is largely as a result of fact that most of the industry's operators services local restaurants, hotels, schools and businesses within a limited geographic scope to contain transportation expenses. Nevertheless, industry demand remains closely linked with the demand for food service establishments, including fast-food restaurants and chain restaurants. These factors reduced demand for grease trap cleaning during the recession, causing industry profit margins to decline and the number of industry enterprises to decline to 456 in the five years to 2012. In addition, stricter financial penalties are expected against businesses that do not properly dispose of FOGs, especially as more emphasis is placed on recycling, says Culbert. Over the next five years, more research will be put into capturing and separating FOGs from liquid waste.

Unfortunately for industry operators, a decline in per capita disposable income during the recession caused many consumers to eat at home rather than choose a night on the town. 8 million in the five years to 2012. Most municipalities require grease traps for commercial establishments to be cleaned regularly to prevent the buildup of fats, oils and grease (FOG), which can cause raw sewage leaks and otherwise costly maintenance of sewer systems.

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Grease Trap Cleaning in the US Industry Market Research Report Now Available From IBISWorld



Trade News selected by Local Linkup on 04/04/2012

 

1 comment:

  1. The challenge we face is recovering the beneficial value in all residuals, not just from Grease traps Cincinnati Ohio.

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