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The global waste to energy market reached a value of US$ 38.87 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 56.49 Billion by 2027, exhibiting a CAGR of 6.12% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Waste to energy (WSE) refers to the process of converting non-recyclable waste materials into usable heat, fuel, or electricity through processes, such as combustion, gasification, devolatilization, anaerobic digestion, and landfill gas recovery. It relies on different systems or technologies for producing electricity by burning unprocessed municipal solid waste in an incinerator with a boiler and a generator. At present, it is considered a critical component of the waste management system as WSE helps mitigate climate change, reduce greenhouse gases (GHG), and minimize environmental impact and health damages.
At present, landfill waste represents a global environmental concern as it causes fires or explosions, contaminates soil and water, and leads to climate change, toxins, leachate, and GHG emissions. This, in confluence with the increasing industrial waste generation every year, represents one of the key factors driving the need for WSE technologies as a sustainable alternative to landfills for waste disposal. These technologies also assist in avoiding methane from landfills, recovering metals for recycling, and offsetting emissions from fossil fuel electrical production. Apart from this, rapid industrialization, rising population, growing urbanization, and the economic expansion of developing countries are resulting in accelerating rates of municipal solid waste (MSW) production. As a result, governing agencies of numerous countries are undertaking several steps and incorporating WSE technologies to manage the accumulation of MSW and generate energy from its combustion for residential and commercial uses. Furthermore, the launch of new technologies like hydrothermal carbonization (HTC), which fast-tracks the slow process of geothermal conversion of wet waste with an acid catalyst at high pressure, is anticipated to create a favorable market outlook.
IMARC Group provides an analysis of the key trends in each sub-segment of the global waste to energy market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology and waste type.
Breakup by Technology:
Breakup by Waste Type:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A2A SpA, Babcock & Wilcox Enterprises, Inc., China Everbright International Limited, CNIM, Covanta Holding Corporation, Hitachi Zosen Inova AG, John Wood Group plc, Mitsubishi Heavy Industries Ltd, Ramboll Group A/S, Veolia Environnement S.A. and WIN Waste Innovations.
|Base Year of the Analysis||2021|
|Segment Coverage||Technology, Waste Type, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||A2A SpA, Babcock & Wilcox Enterprises, Inc., China Everbright International Limited, CNIM, Covanta Holding Corporation, Hitachi Zosen Inova AG, John Wood Group plc, Mitsubishi Heavy Industries Ltd, Ramboll Group A/S, Veolia Environnement S.A. and WIN Waste Innovations.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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