Asia Pacific Waste to Energy Market Report - By Type (Municipal Solid Waste, [Residential, Commercial & Institutional, Construction & Demolition, Other Municipal Waste], Process Waste, Agriculture Was... ... ste, Agriculture Waste, Medical Waste, Others), By Technology (Thermal, [Incineration, Pyrolysis, Gasification], Biological, Physical), By Application (Electricity, Heat, Combined Heat & Power Units, Transport Fuels, Others), and Others Read more
- Energy
- Sep 2024
- 182
- PDF, Excel, PPT
Market Definition
Waste-to-energy (WtE) refers to the process of generating energy in the form of electricity or heat from the treatment of waste.
Market Insights & Analysis: Asia Pacific Waste to Energy Management Market (2024-2030)
The Asia Pacific Waste to Energy Market size is valued at USD 15 billion in 2024 and is projected to reach USD 25 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 7% during the forecast period, i.e., 2024-30. This growth is supported by various factors like rapid urbanization, rising waste generation, and a strong emphasis on sustainable waste management practices. With rapid urbanization and growing population in major countries like India & China followed by other Asia Pacific countries, there is an increase in waste generation which needs to be managed.
| Report Coverage | Details |
|---|---|
| Historical Years | 2019-22 |
|
Base Years
|
2023
|
|
Forecast Years
|
2024-30
|
| Market Value in 2024 | USD 15 Billion |
| Market Value (2030) | USD 25 Billion |
| CAGR (2024-30) | 7% |
| Leading Region | Japan and China |
| Top Key Players | Hitachi Zosen Corporation, Babcock & Wilcox Company, Amec Foster Wheeler, Veolia Environment S.A., Suez S.A., Waste Management Inc., C&G Limited, Keppler Seghers, Covanta Energy Corporation, Evoqua Water Technologies, Xcel Energy, Inc., Abu Dhabi National Energy Company PJSC, MVV Energie AG, China Jinjiang Environment Holding Co. Limited, A2A SpA, SCHMACK BIOGAS GMBH, China Everbright International Limited, Mitsubishi Heavy Industries Limited, Shandong Wheelabrator Technologies Inc., Doosan Lentjes GmbH and others |
| Key Report Highlights |
|
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The population explosion in the developed and emerging cities in the region massively produces municipal waste. For the resolution of this waste disposal issue, regional governments and private players are continuously investing in waste-to-energy technologies for the production of renewable energy. By 2050, South Asia combined with East Asia and the Pacific region is expected to have around 1.4 billion tons of waste as per estimation by the World Bank. The increasing demand for energy in the region coupled with increasing municipal waste volume creates numerous opportunities for the waste-to-energy market. China and Japan are the prominent shareholders in waste to waste-to-energy market in the Asia Pacific Region with Shanghai and Tokyo as the major cities that process the highest waste to generate energy for heat and electricity purposes.
Moreover, with regional governments' strong emphasis on sustainable waste management practices for the reduction of waste and to fulfill the growing energy demand, the market is set on an upward growth trajectory. Many countries are implementing strict waste management policies and supporting renewable energy sources in the region, resulting in multiple investments in waste-to-energy management technologies. This is boosting the market towards exponential growth. Various regional governments have launched several policies in the clean energy sector to tackle the rising electricity demand, which includes implementing waste-to-energy solutions. For Instance:
- The Indian Government’s Solid Waste Management Rules, 2016, emphasize the need for waste processing facilities, including WtE plants. In Pune, the municipal corporation has established a WtE plant that converts around 150 tons of MSW per day into biogas and compost. This initiative exemplifies governmental support for integrating WtE into urban waste management strategies.
- In China, the "Thirteenth Five-Year Plan" for Ecological and Environmental Protection outlines ambitious targets for waste management, including a significant increase in WtE capacity. The government aims for 30% of urban waste to be processed through WtE technologies by 2025.
The growing awareness about environmental issues and the region moving towards sustainable methods of living are the factors further deriving the demand for waste-to-energy facilities. Also, technological advancements and innovations in waste-to-energy management technologies like advanced combustion systems and anaerobic digestion will further provide opportunities for the market players.
- Market Segmentation
- Introduction
- Market Definition
- Research Process
- Assumption
- Executive Summary
- Asia Pacific Waste to Energy Management Market Trends & Insights
- Asia Pacific Waste to Energy Management Market Dynamics
- Growth Drivers
- Challenges
- Asia Pacific Waste to Energy Management Market Hotspot & Opportunities
- Asia Pacific Waste to Energy Management Market Supply Chain Analysis
- Asia Pacific Waste to Energy Management Market Regulation & Policy
- Asia Pacific Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type
- Municipal Solid Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Residential- Market Size and Forecast 2019-2030, (Thousand Tons)
- Commercial & Institutional - Market Size and Forecast 2019-2030, (Thousand Tons)
- Construction & Demolition- Market Size and Forecast 2019-2030, (Thousand Tons)
- Other Municipal Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Process Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Agriculture Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Medical Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- Others- Market Size and Forecast 2019-2030, (Thousand Tons)
- Municipal Solid Waste- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology
- Thermal - Market Size and Forecast 2019-2030, (Thousand Tons)
- Incineration - Market Size and Forecast 2019-2030, (Thousand Tons)
- Pyrolysis - Market Size and Forecast 2019-2030, (Thousand Tons)
- Gasification - Market Size and Forecast 2019-2030, (Thousand Tons)
- Biological - Market Size and Forecast 2019-2030, (Thousand Tons)
- Physical - Market Size and Forecast 2019-2030, (Thousand Tons)
- Thermal - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application
- Electricity - Market Size and Forecast 2019-2030, (Thousand Tons)
- Heat - Market Size and Forecast 2019-2030, (Thousand Tons)
- Combined Heat & Power Units - Market Size and Forecast 2019-2030, (Thousand Tons)
- Transport Fuels - Market Size and Forecast 2019-2030, (Thousand Tons)
- Others- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Countries
- China
- India
- Japan
- South Korea
- Thailand
- Indonesia
- Philippines
- Malaysia
- Australia
- Vietnam
- Others
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Matrix
- By Type
- Market Size & Analysis
- China Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- India Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- South Korea Agriculture Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Japan Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Thailand Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Indonesia Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Philippines Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Malaysia Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Australia Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Vietnam Waste to Energy Management Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- By Quantity (Thousand Tons)
- Market Share & Analysis
- By Type - Market Size and Forecast 2019-2030, (Thousand Tons)
- By Technology- Market Size and Forecast 2019-2030, (Thousand Tons)
- By Application- Market Size and Forecast 2019-2030, (Thousand Tons)
- Market Size & Analysis
- Asia Pacific Waste to Energy Management Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profile
- Hitachi Zosen Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Hitachi Zosen Corporation
- Babcock & Wilcox Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Company Profile
- Amec Foster Wheeler
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Veolia Environment S.A.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Suez S.A.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Waste Management Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- C&G Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Keppler Seghers
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Covanta Energy Corporation
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Evoqua Water Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Xcel Energy, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Abu Dhabi National Energy Company PJSC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MVV Energie AG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- China Jinjiang Environment Holding Co. Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- A2A SpA
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SCHMACK BIOGAS GMBH
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- China Everbright International Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Mitsubishi Heavy Industries Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Shandong Wheelabrator Technologies Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Doosan Lentjes GmbH
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making