Global Waste to Energy Market is expected to increase from USD 28,964 million in 2016, to USD 42,979 million in 2023, at a thriving CAGR of 5.8% from 2017 to 2023.
The overall demand of waste to energy has increased in recent years, this is mainly due to the increasing waste generation and its disposal, growing importance of renewable energy resources due high energy demand and increasing environmental concerns.
The years used for the assessment are as follows;
Historical year : 2013-2015
Base year : 2016
Forecast period : 2017 – 2023
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The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;
Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
Interacting with key opinion leaders of the market and developing data points based on interaction with them
Study of past trends in the market and their year on year Impact on the market size and share
Analyzing the collected data points
Bridging the data points to calculate the total waste to energy market and it various segments
Anticipating potential risks
Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the waste to energy market
Finalizing the overall size and share for the global waste to energy market
To provide historical, current, and future forecast of the market size in terms of revenue and volume
To classify and forecast the growth prospect of the global waste to energy market on the basis of products, application and region
To identify and analyze opportunities for stakeholders in the waste to energy market
To forecast the impact of trends, opportunities, drivers and restraints on the global waste to energy market.
To study value chain analysis on the supply as well as the demand side
To understand major policy changes and regulations impacting global waste to energy market
To identify and analyze opportunities for new entrant in the waste to energy market
To profile key companies operating in the global waste to energy market and provide their competitive landscape
To study market response with respect to the mergers and acquisitions in the industry
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The research scope for global waste to energy market is as follows:
By Waste Type
By End Use
Middle East and Africa
Rest of the World (RoW)
The global waste to energy market has registered a progressive growth rate in 2016, and is expected to grow at a significant growth rate during the forecast period. The growth of the market is primarily attributed to increasing waste generation and its disposal, growing importance of renewable energy resources due high energy demand and increasing environmental concerns. Subsequently, the waste management regulation, taxes and subsidies along with climate change policies to reduce greenhouse gasses emission has driven the waste to energy market growth. Moreover, the technological advancement, rapid urbanization and growing population are the other factors driving the waste to energy market.
Waste to energy referred as the process of generating energy from any kind of waste in the form of heat or electricity. Waste to energy technologies finds its usage in treating non recyclable waste and non reusable amounts of waste and utilizing them for meeting the energy demand. Moreover, the increasing domestic and industrial waste has led the government to promote waste to energy generation. The increasing privatization in waste to energy projects over the traditional public sector monopoly would influence the future waste to energy market. Increasing waste generation and its disposal due to higher consumption of goods and higher energy demand coupled with rapid industrialization and rising population are the crucial factor driving the waste to energy market. Reliable and effective policies and regulations made by the government to increase renewable energy share and minimize GHG emissions along with rising environmental awareness from polluting and unsustainable practices such as land filling are adding to the growth of the market.
On the basis of geography, Europe accounted for holding major share of the waste to energy market in 2016. The growth in the region is attributed to strict government regulations to reduce industrial waste. Asia-Pacific being the second largest market in 2016, and is expected to grow at a significant rate over the forecast period. Japan was the leading waste to energy market in Asia-Pacific, followed by China and India. These developing economies generate huge industrial and residential waste. Subsequently, world’s biggest waste to energy plant to be built in china.
On the basis of technology, the thermal waste to energy segment has garnered the major share of the total waste to energy market. The incineration thermal technology is expected to have a major share in the market. The biochemical segment is expected to register rapid growth rate due to major expansions in developing countries such as India and China. Many of these nations consider waste to energy as a sustainable substitute to landfills due to shortage of land and huge amount of waste generation.
Some of the leading players operating in the global waste to energy market are C & G Environmental Protection Holding Ltd., Bioenergy Infrastructure Group, Abu Dhabi National Energy Company PJSC, Foster Wheeler AG, Babcock & Wilcox Inc., Xcel Energy Inc., Covanta Energy Corporation, Mapal Green Energy Ltd, Shenzhen Energy and Keppel Seghers.
With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Waste to Energy Market, by end-use.
Detailed analysis and profiles of additional market players.
Major Points Of Table of Contents
Global Waste to Energy Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2023
CHAPTER 1. Market Scope and Methodology
CHAPTER 2. Market Outlook
CHAPTER 3. Market Entry Strategy
CHAPTER 4. Global Waste to energy Market Size and Forecast (2013 – 2023)
CHAPTER 5. Global Waste to energy Market, By Geography
CHAPTER 6. Competitive Analysis
CHAPTER 7. Key Players and Strategic Developments
CHAPTER 8. RESEARCH APPROACH
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