Clean Harbors, Inc. Common Stock (CLH)

Competitors to Clean Harbors, Inc. Common Stock (CLH)

GFL Environmental Inc. 

GFL Environmental, a growing player in the waste management sector, competes with Clean Harbors through its broad range of waste management and recycling services. GFL has expanded rapidly through acquisitions, improving its market share and operational efficiencies. While Clean Harbors has a stronger focus on hazardous waste and energy services, GFL's aggressive expansion strategy and its offerings in both commercial and residential waste solutions help it challenge Clean Harbors in different segments of the market. This growth-centered approach positions GFL as a strong competitor, although Clean Harbors' specialized services may still attract clientele focused on hazardous waste management.

Republic Services, Inc. 

Republic Services is primarily focused on non-hazardous waste management, offering integrated waste solutions including recycling and disposal. Clean Harbors competes with Republic in the general waste management sector, but with an emphasis on hazardous waste and compliance services that cater to regulatory requirements. Republic Services benefits from economies of scale and a strong local presence, which provides it with a cost advantage in the non-hazardous market. However, Clean Harbors maintains a leadership role in hazardous waste management due to its specialized services.

Stericycle, Inc. 

Stericycle, Inc. is a leader in regulated waste management and provides services to healthcare companies and businesses needing to dispose of hazardous and medical waste. Both Clean Harbors and Stericycle operate within the environmental and waste management sectors, focusing on compliance with environmental regulations. Stericycle has established a strong brand reputation in the healthcare sector, providing a competitive edge in medical waste disposal, while Clean Harbors has a more diversified service offering, including industrial cleaning and oil recovery.

Veolia Environnement S.A.

Veolia Environnement operates globally in water, waste, and energy management, competing with Clean Harbors in the environmental services sector. Veolia's diverse service portfolio and strong international presence provide it with a competitive advantage in large-scale waste management projects. While Clean Harbors focuses primarily on North American markets and hazardous waste management, Veolia’s ability to leverage its global capabilities and comprehensive service offerings allows it to tackle larger, more complex projects, thereby presenting a formidable challenge to Clean Harbors in wider environmental services.

Waste Management, Inc. 

Waste Management, Inc. is another major player in the waste management industry that primarily focuses on collection, disposal, and recycling services for non-hazardous waste. Despite sharing a common market space, Waste Management's extensive resources and well-established operational networks enable it to offer competitive pricing for conventional waste services. Clean Harbors, on the other hand, differentiates itself by specializing in hazardous waste and environmental remediation, allowing it to secure contracts in niche markets. This specialized focus indicates that while Waste Management has a broad reach, Clean Harbors effectively targets high-margin sectors, giving it a strategic advantage in hazardous waste.