
Global Waste to Energy Market Research Report: Forecast (2023-2028)
By Technology Thermal (Incineration, Pyrolysis, Gasification), Biological, Physical), By Type of Waste (Municipal Waste, Agricultural Waste, Industrial Waste, Others), By Region (A...sia-Pacific, Europe, North America, Middle East & Africa, South America), By Company (Suez Environment S.A, Veolia Environment, C&G Limited, Waste Management Inc., Keppel Seghers, Babcock & Wilcox Co., Covanta Energy Corporation, ADI Systems Inc., Hitachi Zosen Inova AG, Xcel Energy Inc., Abu Dhabi National Energy Company PJSC, MVV Energie AG, China Jinjiang Environment Holding Co Ltd, A2A SpA, Martin GmbH, China Everbright International Limited, Mitsubishi Heavy Industries Ltd, Shandong Wheelabrator Technologies Inc., Constructions Industrielles de la Mediterranee, Foster Wheeler A.G.) Read more
- Energy
- Apr 2023
- 243
- EN66004
Market Definition
Waste-to-Energy (WTE) is the process of generating energy in the form of electricity or heat through the combustion of MSW (Municipal Solid Waste). It provides two major benefits— sustainable waste management & disposal and clean power generation. Several countries worldwide are massively investing in renewable energy sources to minimize their dependence on fossil fuels and curb the growing carbon emissions. The high volume of waste generated and the increasing number of WTE plants worldwide are boding well for both the environment and the leading companies operating in the industry.
Market Insights & Analysis: Global Waste to Energy Market (2023-28)
The Global Waste to Energy Market was valued at USD 39.21 billion in 2022 and is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28. The growth of the market would be driven primarily by the massive amount of residential & commercial waste generated every year due to urbanization & industrialization, coupled with increasing population & power consumption levels. As a result, there's a mounting focus of various countries on clean power generation from renewable sources, i.e., augmenting the demand for waste-to-energy plants to treat the substantial waste produced worldwide.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2018-21 |
Base Year: 2022 | |
Forecast Period: 2023-28 | |
CAGR (2023-2028) | 6% |
Regions Covered | North America: US, Canada, Mexico, Cuba, Puerto |
South America: Brazil, Argentina, Colombia, Chile, Peru, Ecuador, Uruguay, Paraguay | |
Europe: UK, France, Germany, Spain, Italy, Belgium, Netherlands, Poland, Russia, Romania | |
Asia-Pacific: China, India, Japan, Australia, South-Korea, Thailand, Indonesia, Philippines, Malaysia, Vietnam | |
Middle East & Africa: Saudi Arabia, Kuwait, Qatar, Oman, Turkey, South Africa, Egypt, Morocco, Algeria | |
Key Companies Profiled | Suez Environment S.A, Veolia Environment, C&G Limited, Waste Management Inc., Keppel Seghers, Babcock & Wilcox Co., Covanta Energy Corporation, ADI Systems Inc., Hitachi Zosen Inova AG, Xcel Energy Inc., Abu Dhabi National Energy Company PJSC, MVV Energie AG, China Jinjiang Environment Holding Co Ltd, A2A SpA,, Martin GmbH, China Everbright International Limited, Mitsubishi Heavy Industries Ltd, Shandong Wheelabrator Technologies Inc., Constructions Industrielles de la Mediterranee, Foster Wheeler A.G. |
Market Value (2022) | USD 39.21 Billion |
Moreover, various initiatives by governments of different countries toward reducing the alarming levels of GHG emissions and promoting the use of sustainable energy resources are also contributing to the overall market expansion. Additionally, benefits of WTE, like clean energy generation & efficient metal recycling, technological advancements in WTE plants, such as combustion & boiler design enhancements and more effective metal recovery systems, coupled with the lack of sufficient landfill sites across most places, are other prominent aspects projected to boost the Global Waste to Energy Market through 2028.
Global Waste to Energy Market (2023-28): Segmentation Analysis
Global Waste to Energy Market report by Markntel Advisors includes segmentation analysis based on Technology and Type of Waste. This breakdown allows businesses to identify specific market segments and tailor their marketing and product strategies accordingly, maximizing their chances of success in the Global Waste to Energy Market.
Based on Technology:
- Thermal
- Incineration
- Pyrolysis
- Gasification
- Biological
- Physical
Among all, thermal technology, particularly incineration, is expected to hold a significant share of the Global Waste-to-Energy Market during 2023-28. It attributes to the increasing development of waste incineration facilities worldwide, especially across Asia-Pacific, owing to their benefits like easy operation, reduced GHG emissions, energy preservation, minimized waste volumes, and effective recycling of metal & bottom ash. As a result, incineration is serving as a sustainable solution for both urban & rural areas by enabling the complete combustion of gases released from all kinds of waste, thereby augmenting the overall growth of the waste to energy market.
Based on Type of Waste:
- Municipal Solid Waste (MSW)
- Agricultural Waste
- Industrial Waste
- Others
Here, MSW (Municipal Solid Waste) holds the majority share of the Global Waste to Energy Market. It owes to the ever-increasing industrialization and high waste generation from residences, offices, shops, schools, & hotels, among other areas. As a result, stringent norms are being imposed by governments of different countries worldwide for the proper management of MSW. Hence, a massive amount of MSW being produced can be used extensively for energy generation globally, which, in turn, would contribute to the overall growth of the Waste to Energy industry through 2028.
Global Waste to Energy Market Regional Projection
- North America
- South America
- Asia-Pacific
- Europe
- The Middle East & Africa
Of all regions globally, Europe accounts for the largest share of the Waste to Energy Market. It primarily owes to the extensive presence of key companies operating in the industry, favorable regulatory policies regarding proper waste disposal, and rapid technological advancements in waste-to-energy plants. The European Union is substantially investing in implementing numerous energy conservation & efficiency projects to cater to the mounting consumer requirements for energy-efficient & clean power generation.
The massive commercial & industrial waste produced in the UK is a brilliant opportunity for the regional market to expand significantly in the forecast period since the amount of waste treated in waste-to-energy plants is small compared to the waste generated. With growing energy security threats and the ever-increasing need to reduce carbon emissions, the country has been working actively on finding a sustainable & financially feasible alternative to fossil fuels. Consequently, it shall generate new directions for the Europe Waste to Energy Market to witness remunerative prospects in the years ahead.
Gain a Competitive Edge with Our Global Waste to Energy Market Report
- Global Waste to Energy Market report provides a detailed and thorough analysis of market size, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics and make informed decisions.
- This report also highlights current market trends and future projections, allowing businesses to identify emerging opportunities and potential challenges. By understanding market forecasts, companies can align their strategies and stay ahead of the competition.
- Global Waste to Energy Market report aids in assessing and mitigating risks associated with entering or operating in the market.
- The report would help in understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks and optimize their operations
Frequently Asked Questions
Global Waste to Energy Market Research Report (2023-2028) - Table of Contents
- Introduction
- Research Process
- Technology Overview
- Market Segmentation
- Assumptions
- Glossary
- Executive Summary
- Expert Verbatim- What our Experts Say?
- Global Waste to Energy Industry Overview
- Global Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues in USD Billion
- Market Volumes in Million Tons
- Market Share & Analysis
- By Technology
- Thermal
- Incineration
- Pyrolysis
- Gasification
- Biological
- Physical
- Thermal
- By Type of Waste
- Municipal Waste
- Agricultural Waste
- Industrial Waste
- Others
- By Region
- Asia-Pacific
- Europe
- North America
- Middle East & Africa
- South America
- By Leading Companies
- Market Share
- Strategic Factorial Indexing
- Competitors Alignment in Competition Quadrant
- By Technology
- Market Size & Analysis
- Global Waste to Energy Market Attractiveness Indexing
- By Technology
- By Type of Waste
- By Region
- Asia-Pacific Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- By Country
- China Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- India Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Japan Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- South Korea Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Thailand Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Indonesia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Philippines Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Malaysia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Australia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Vietnam Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- China Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Europe Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- By Country
- Germany Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- France Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Italy Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Spain Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- United Kingdom Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Belgium Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Netherlands Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Poland Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Russia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Romania Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Germany Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- North America Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- By Country
- United States Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Canada Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Mexico Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Cuba Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Puerto Rico Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- United States Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- South America Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- By Country
- Brazil Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Argentina Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Colombia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Chile Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Peru Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Ecuador Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Uruguay Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Paraguay Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Brazil Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Middle East & Africa Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- By Country
- Saudi Arabia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- UAE Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Kuwait Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Qatar Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Oman Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Turkey Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- South Africa Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Egypt Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Morocco Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Algeria Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Market Revenues
- Market Volumes
- Market Share & Analysis
- By Technology
- By Type of Waste
- Market Size & Analysis
- Saudi Arabia Waste to Energy Market Outlook, 2018-2028F
- Market Size & Analysis
- Global Waste to Energy Value Chain Analysis
- Global Waste to Energy Market Policies and Regulations
- Global Waste to Energy Market Trends & Insights
- Global Waste to Energy Market Dynamics
- Growth Drivers
- Challenges
- Impact Analysis
- Global Waste to Energy Market White Spaces, Hotspots & Opportunities
- Global Waste to Energy Market Key Strategic Imperatives for Growth & Success
- Global Waste to Energy Market Porters Five Forces Analysis
- Global Waste to Energy Market Competition Outlook
- Competition Matrix
- Technology Portfolio
- Target Markets
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles (Business Description, Technological Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
- Suez Environment S.A
- Veolia Environment
- C&G Limited
- Waste Management Inc.
- Keppel Seghers
- Babcock & Wilcox Co.
- Covanta Energy Corporation
- ADI Systems Inc.
- Hitachi Zosen Inova AG
- Xcel Energy Inc.
- Abu Dhabi National Energy Company PJSC
- MVV Energie AG
- China Jinjiang Environment Holding Co Ltd
- A2A SpA
- Martin GmbH
- China Everbright International Limited
- Mitsubishi Heavy Industries Ltd
- Shandong Wheelabrator Technologies Inc.
- Constructions Industrielles de la Mediterranee
- Foster Wheeler A.G.
- Competition Matrix
- Disclaimer
