The report is titled ‘Waste to Energy Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the waste to energy market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. Waste to energy market is expected to grow at a significant rate in the near future.
The global waste to energy market in 2020 is estimated for more than US$ 37.4 Bn and expected to reach a value of US$ 57.9 Bn by 2028 with a significant CAGR of 5.6%.
Waste to Energy Market Dynamics
Increasing demand for power consumption is further elevating the need for the conversion of waste to energy. As per a study conducted by the World Bank, the lower-middle-income group consumes more than 1,012,320 tons of MSW that were produced per day in 2015. This power consumption is expected to exceed about 2,618,800 tons per day by 2025. Whereas, the high-income group was reported to consume 1,649,546 tons of power that were produced from solid waste per day in 2015 and is estimated to reach 1,879,590 tons per day by end of 2025.
Favorable government schemes like tax incentives and direct subsidiaries coupled with the increasing urbanization and commercialization across the globe are fueling the need for power consumption, which is further accelerating the process of generation of electricity from waste.
Also, the growing issues of dumping waste and waiting for its decomposition is a major concern and hence the alternative of such a decomposition process was thus replaced with energy production from waste. This ensured the proper decomposition along with the reduction of carbon emission. The waste to energy conversion also ensured the conservation of the environment.
The waste to energy market is expected to increase at a significant CAGR over the forecast period owing to the increasing need for the reduction of GHG emission from Municipal Solid Waste, growing energy need, and a never-ending source of raw material. The market is further propelled by the landfill bans and greenhouse gas emission. Additionally, the increasing need for energy security coupled with the high calorific value of waste is further boosting the growth of waste to the energy market, globally.
Waste to Energy Market Key Players
Waste to energy market is mainly dominated by Abu Dhabi National Energy Company PJSC, Babcock & Wilcox Enterprises, Inc., C&G Environmental Protection Holdings Ltd., China Everbright International Ltd., Constructions Industrielles de la Mediterranee, Covanta Energy Corp., Foster Wheeler A.G., Veolia Environment S.A., Waste Management Inc., and Xcel Energy Inc.
Waste to Energy Market Segmentation
The waste to energy market is segmented on the basis of technology, and region. On the basis of technology, the global waste to energy market can be segmented into thermal and biological. The thermal technology segment is further segmented into incineration, pyrolysis, and gasification.
Waste to Energy Market Regional Overview
On the basis of region, the global waste to energy market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Europe waste to energy market is expected to be the most dominating market throughout the forecast period. Countries like Germany, Austria, and Nederland have already adopted the waste of energy technologies to utilize industrial waste. Moreover, the strict government regulations and adoption of biological technologies that are used for the anaerobic decomposition of solid waste for power generation are further fueling the growth of this market.
MMC Overview on Waste to Energy Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Waste to Energy market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Waste to Energy
• Advantages of Waste to Energy
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at a regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make an informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Waste To Energy Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Waste To Energy Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Waste To Energy Market Snapshot
2.4. Global Waste To Energy Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Waste To Energy Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Waste To Energy Market, By Technology
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Technology
3.1.2. BPS Analysis, By Technology
3.2. Market Revenue (US$Mn) Forecast, By Technology
3.2.1. Thermal
3.2.1.1. Incineration
3.2.1.2. Pyrolysis
3.2.1.3. Gasification
3.2.2. Biological
3.3. Global Waste To Energy Market Attractiveness Index, By Technology
4. Global Waste To Energy Market, By Region
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Region
4.1.2. BPS Analysis, By Region
4.2. Market Revenue (US$Mn) Forecast, By Region
4.2.1. North America
4.2.2. Latin America
4.2.3. Europe
4.2.4. Asia Pacific
4.2.5. Middle East
4.2.6. Africa
4.3. Global Waste To Energy Market Attractiveness Index, By Region
5. North America Waste To Energy Market Analysis and Forecast, 2020–2028
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Country
5.1.2. BPS Analysis, By Country
5.2. Market Revenue (US$Mn) Forecast, By Country
5.2.1. U.S. Waste To Energy Market
5.2.2. Canada Waste To Energy Market
5.3. North America Waste To Energy Market, By Technology
5.3.1. Thermal
5.3.1.1. Incineration
5.3.1.2. Pyrolysis
5.3.1.3. Gasification
5.3.2. Biological
5.4. North America Waste To Energy Market Attractiveness Index
5.4.1. By Country
5.4.2. By Technology
6. Latin America Waste To Energy Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market (US$Mn) Forecast, By Country
6.2.1. Brazil Waste To Energy Market
6.2.2. Mexico Waste To Energy Market
6.2.3. Argentina Waste To Energy Market
6.2.4. Rest Of Latin America Waste To Energy Market
6.3. Latin America Waste To Energy Market, By Technology
6.3.1. Thermal
6.3.1.1. Incineration
6.3.1.2. Pyrolysis
6.3.1.3. Gasification
6.3.2. Biological
6.4. Latin America Waste To Energy Market Attractiveness Index
6.4.1. By Country
6.4.2. By Technology
7. Europe Waste To Energy Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. U.K. Waste To Energy Market
7.2.2. Germany Waste To Energy Market
7.2.3. Italy Waste To Energy Market
7.2.4. France Waste To Energy Market
7.2.5. Spain Waste To Energy Market
7.2.6. Russia Waste To Energy Market
7.2.7. Poland Waste To Energy Market
7.2.8. BENELUX Waste To Energy Market
7.2.9. NORDIC Waste To Energy Market
7.2.10. Rest Of Europe Waste To Energy Market
7.3. Europe Waste To Energy Market, By Technology
7.3.1. Thermal
7.3.1.1. Incineration
7.3.1.2. Pyrolysis
7.3.1.3. Gasification
7.3.2. Biological
7.4. Europe Waste To Energy Market Attractiveness Index
7.4.1. By Country
7.4.2. By Technology
8. Asia Pacific Waste To Energy Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. China Waste To Energy Market
8.2.2. India Waste To Energy Market
8.2.3. Japan Waste To Energy Market
8.2.4. Australia and New Zealand Waste To Energy Market
8.2.5. South Korea Waste To Energy Market
8.2.6. ASEAN Waste To Energy Market
8.2.7. Rest of Asia Pacific Waste To Energy Market
8.3. Asia Pacific Waste To Energy Market, By Technology
8.3.1. Thermal
8.3.1.1. Incineration
8.3.1.2. Pyrolysis
8.3.1.3. Gasification
8.3.2. Biological
8.4. Asia Pacific Waste To Energy Market Attractiveness Index
8.4.1. By Country
8.4.2. By Technology
9. Middle East Waste To Energy Market, By Region
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. GCC Countries Waste To Energy Market
9.2.2. Israel Waste To Energy Market
9.2.3. Oman Waste To Energy Market
9.2.4. Rest Of Middle East Waste To Energy Market
9.3. Middle East Waste To Energy Market, By Technology
9.3.1. Thermal
9.3.1.1. Incineration
9.3.1.2. Pyrolysis
9.3.1.3. Gasification
9.3.2. Biological
9.4. Middle East Waste To Energy Market Attractiveness Index
9.4.1. By Country
9.4.2. By Technology
10. Africa Waste To Energy Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. South Africa Waste To Energy Market
10.2.2. Egypt Waste To Energy Market
10.2.3. North Africa Waste To Energy Market
10.2.4. Rest Of Africa Waste To Energy Market
10.3. Africa Waste To Energy Market, By Technology
10.3.1. Thermal
10.3.1.1. Incineration
10.3.1.2. Pyrolysis
10.3.1.3. Gasification
10.3.2. Biological
10.4. Africa Waste To Energy Market Attractiveness Index
10.4.1. By Country
10.4.2. By Technology
11. Recommendation
11.1. Market Strategy
12. Competitive Landscape
12.1. Competition Dashboard
12.2. List and Company Overview of Global Key Players
12.3.5. Constructions Industrielles de la Mediterranee
12.3.6. Covanta Energy Corp.
12.3.7. Foster Wheeler A.G.
12.3.8. Veolia Environment S.A.
12.3.9. Waste Management Inc.
12.3.10. Xcel Energy Inc.
13. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global waste to energy market in 2020 is estimated for more than US$ 37.4 Bn and expected to reach a value of US$ 57.9 Bn by 2028 with a significant CAGR of 5.6%.
What are the key factors driving the growth of market?
Increasing demand for power consumption and technological advancement are the key factors driving the growth of market
What segments are covered in market report?
The waste to energy market is segmented on the basis of technology, and region.
What are the key participating players in the market?
Waste to energy market is mainly dominated by Abu Dhabi National Energy Company PJSC, Babcock & Wilcox Enterprises, Inc., C&G Environmental Protection Holdings Ltd., China Everbright International Ltd., Constructions Industrielles de la Mediterranee, Covanta Energy Corp., Foster Wheeler A.G., Veolia Environment S.A., Waste Management Inc., and Xcel Energy Inc.
