Japan Waste-To-Energy Market to Grow at 11.25% During 2024-2032, Stimulated by Rising Development of Advanced Technologies

December 13, 2023 | Energy & Mining

According to the latest report by IMARC Group, titled “Japan Waste-to-Energy Market Report by Technology (Physical, Thermal, Biological), and Region 2024-2032” finds that the Japan waste-to-energy market is expected to exhibit a CAGR of 11.25% during the forecast period (2024-2032). Waste-to-energy (WtE) refers to the process of generating energy in the form of electricity or heat from the primary treatment of waste. It is manufactured through common methods like incineration, gasification, and pyrolysis. It can vary in size and technology, catering to different types of waste, including municipal solid waste, industrial waste, and biomass. It significantly reduces the volume of waste that needs to be landfilled or incinerated, thereby extending the lifespan of landfills and minimizing the environmental impact of waste disposal. It can be a more environment friendly alternative to traditional waste disposal methods. It helps lower methane emissions from landfills, a potent greenhouse gas, and can result in lower overall greenhouse gas emissions when compared to landfilling. It allows for the recovery of valuable resources, such as metals, from the waste stream.

Japan Waste-to-Energy Market Trends:

At present, the increasing need for waste reduction strategies, including WtE, to minimize landfill usage represents one of the key factors impelling the market growth in Japan. Additionally, the growing implementation of stringent environmental policies and regulations is encouraging the adoption of cleaner and more sustainable waste management practices. These policies often incentivize technologies that reduce greenhouse gas emissions and promote energy recovery from waste. Besides this, the rising development of advanced WtE technologies, which are more efficient and environment-friendly, is supporting the market growth in the country. These technologies include improved incineration methods and advanced thermal processes like gasification and pyrolysis. Moreover, the increasing focus on renewable energy and reducing carbon emissions aligns with the adoption of WtE technologies as it contributes to the renewable energy mix and helps in achieving carbon neutrality goals. In addition, the growing employment of WtE in waste sorting and recycling technologies for efficient sorting and ensuring that only non-recyclable waste gets directed to WtE plants is positively influencing the market. They also help in optimizing energy recovery and reducing environmental impact. Furthermore, the rising shift towards a circular economy model, where waste is seen as a resource rather than just refuse, aligns with the principles of WtE. This approach emphasizes the recovery of energy from waste materials as part of a sustainable economic system. Apart from this, the increasing partnerships and collaborations with international companies and organizations in the WtE sector, resulting in expertise and technology transfer, and investment, further driving the growth of the market in the country.

Market Summary:

  • Based on the technology, the market has been segmented physical, thermal, and biological.
  • Region-wise, the market has been segregated into the Kanto, Kansai/Kinki, Central/Chubu, Kyushu-Okinawa, Tohoku, Chugoku, Hokkaido, and Shikoku region.
  • The competitive landscape of the market has been examined in the report, along with the detailed profiles of the major players operating in the industry.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Technology
  • Region
Technologies Covered Physical, Thermal, Biological
Regions Covered Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 9-11 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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Japan Waste-To-Energy Market to Grow at 11.25% During 2024-2032, Stimulated by Rising Development of Advanced Technologies
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