The global incinerator market was worth US$ 12.6 Billion in 2018. Incineration is a technology used for the treatment of waste products by combusting the organic substances present in it. Waste materials combusted in this process are converted into residual ash, fly gas (from incombustible materials), and heat. Incinerators are great waste management tools and the heat produced during the process is further used in the generation of electricity. To ensure safe and efficient operations, the furnace used during the combustion process is automatically monitored and controlled. Incinerators help curb down the solid mass of waste by almost 80-85% and the total volume by 95-96% which substantially reduces the requisite volume of disposal. Various types of incinerators that are currently available in the market include rotary kiln, fluidized bed, liquid injection, multiple hearth, catalytic combustion, waste gas flare, direct-flame, etc. Incinerators are mostly used for the management of chemical wastes, medical wastes, sewage incineration, agricultural wastes, building and municipality wastes, etc. Apart from this, thermal incinerators are used to reduce the waste from rector vents, distillation vents, solvent operations, and operations conducted in ovens and dryers.
Catalyzed by better waste management and the ability to handle a large quantity of the total waste generated in urban areas, the demand of various types of incinerators is undergoing strong growth. Moreover, the demand of incinerators is also being driven by a decline in the availability of landfills and the ability of incinerators to deal with artificial and non-organic waste. Additionally, incinerators keep a check on the rising levels of soil pollution, thereby minimizing the hazardous effects of untreated waste on the environment. Moreover, facilities carrying out the incineration process can be located close to the center of gravity of waste generation, as a result reducing the cost of waste transportation. Other factors that are currently driving this market include production of energy as a byproduct, uncontaminated groundwater, low carbon footprint, lower land requirements, etc. Looking forward, the market value is projected to reach US$ 16.5 Billion by 2024, exhibiting a CAGR of 4.6% during 2019-2024.
Market Summary:
- Based on the product type, the market has been segmented into moving grate; static hearth, furnace and multiple hearth; rotary kiln; and fluidized bed. Moving grate currently represents the biggest segment.
- Based on the end-use, the market has been segmented into municipal sector and industrial sector.
- Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. Asia Pacific currently represents the biggest market.
- The competitive landscape of the market has also been examined with some of the key players being Babcock & Wilcox Co., Covanta Energy Corp., Suez Environnement Co. S.A., Constructions industrielles de la Méditerranée S.A, Gershman, Brickner & Bratton, Inc., EEW Energy from Waste Gmbh, Martin Gmbh, Wheelabrator Technologies and Novo Energy, LLC.
This report provides a deep insight into the global incinerator market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the incinerator industry in any manner.
Key Questions Answered in This Report:
- How has the global incinerator market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global incinerator market?
- What are the key end-user segments in the global incinerator market?
- What are the key product types in the global incinerator market?
- What are the various stages in the value chain of the global incinerator industry?
- What are the key driving factors and challenges in the global incinerator industry?
- What is the structure of the global incinerator market and who are the key players?
- What is the degree of competition in the global incinerator market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Incinerator Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by End-User
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
5.10 Price Analysis
5.10.1 Key Price Indicators
5.10.2 Price Structure
5.10.3 Margin Analysis
6 Market Breakup by Product Type
6.1 Moving Grate
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Static Hearth, Furnace and Multiple Hearth
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Rotary Kiln
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Fluidized Bed
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by End-User
7.1 Municipal Sector
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Industrial Sector
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 North America
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 Competitive Landscape
9.1 Market Structure
9.2 Key Players
9.3 Profiles of Key Players
9.3.1 Babcock & Wilcox Co.
9.3.2 Covanta Energy Corp.
9.3.3 Suez Environnement Co. S.A.
9.3.4 Constructions industrielles de la Méditerranée S.A
9.3.5 Gershman
9.3.6 Brickner & Bratton, Inc.
9.3.7 EEW Energy from Waste Gmbh
9.3.8 Martin Gmbh
9.3.9 Wheelabrator Technologies
9.3.10 Novo Energy, LLC
List of Figures
Figure 1: Global: Incinerator Market: Major Drivers and Challenges
Figure 2: Global: Incinerator Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Incinerator Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Incinerator Market: Breakup by End-User (in %), 2018
Figure 5: Global: Incinerator Market: Breakup by Region (in %), 2018
Figure 6: Global: Incinerator Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Global: Incinerator Industry: SWOT Analysis
Figure 8: Global: Incinerator Industry: Value Chain Analysis
Figure 9: Global: Incinerator Industry: Porter’s Five Forces Analysis
Figure 10: Global: Incinerator (Moving Grate) Market: Sales Value (in Million US$), 2011 & 2018
Figure 11: Global: Incinerator (Moving Grate) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 12: Global: Incinerator (Static Hearth, Furnace and Multiple Hearth) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Incinerator (Static Hearth, Furnace and Multiple Hearth) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Incinerator (Rotary Kiln) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Incinerator (Rotary Kiln) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Incinerator (Fluidized Bed) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Incinerator (Fluidized Bed) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Incinerator (Municipal Sector) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Incinerator (Municipal Sector) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Incinerator (Industrial Sector) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Incinerator (Industrial Sector) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Asia Pacific: Incinerator Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Asia Pacific: Incinerator Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Europe: Incinerator Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Europe: Incinerator Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: North America: Incinerator Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: North America: Incinerator Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Middle East and Africa: Incinerator Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Middle East and Africa: Incinerator Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Latin America: Incinerator Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Latin America: Incinerator Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Incinerator Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Incinerator Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Incinerator Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 4: Global: Incinerator Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 5: Global: Incinerator Market: Competitive Structure
Table 6: Global: Incinerator Market: Key Players