New York, NY, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Waste To Energy Market By Technology (Thermal and Biological): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” in its research database
“According to Facts and Factors, the global waste to energy market in 2019 was approximately USD 17940.4 Million. The market is expected to grow above a CAGR of 7.2% and is anticipated to reach over USD 29187.5 Million by 2026.”
Global Waste To Energy Market: Overview
Energy production technologies dedicated to renewable platforms are contributing at a significant level as a replacement for conventional resources. The waste to energy production technologies involved the production of energy from waste material. This energy is considered as pure as well as renewable. The waste to energy production technologies is intended to serve the municipal corporation in reducing the waste as well as the emission from the waste. The energy is recovered in form of electricity or steam. There are primarily two classifications of waste to energy production technologies namely thermal and biological. The thermal energy production technologies involve pyrolysis, gasification, and incineration.
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- [162+ Pages Report] with a list of tables and figures
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- Research methodology
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Industry Major Market Players
- Suez Environment S.A.
- Mitsubishi Heavy Industries Ltd
- C&G Environmental Protection Holdings
- Construction Industrielles de la Mediterranee (CNIM)
- Waste Management Inc.
- Babcock & Wilcox Enterprises Inv.
- A2A SpA
- Veolia Environnement SA
- Hitachi Zosen Corp
- China Everbright International Limited
- China Jinjiang Environment Holding Company Limited
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The research report covers:
Waste To Energy Market Table of Contents
Waste To Energy Market Free Analysis
Waste To Energy Market Key Players
Key questions answered in this report:
- What is the projected size & share of the Waste To Energy Market?
- What are the key driving factors for the growth of the Waste To Energy Market?
- Who are the top market players in the Waste To Energy Market?
- How many segments are analyzed in the Waste To Energy Market?
- Can I get a customized free sample report of Waste To Energy Market?
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Global Waste To Energy Market: Growth Factors
Waste occupies a significant landmass of usable land. In addition, it also emits toxic elements in the air as well as water bodies, thereby severely affecting environmental elements. Many solutions are been used for the reduction of the environmental impact of waste. One of the important solutions is the production of energy from waste. The production technologies have been evolving with continuous research and development in the field.
With the rising concern for waste management, the utilization of waste for the production of energy is gaining increased traction among the municipalities. This inclination towards waste utilization is majorly owing to the rising waste being generated worldwide. The rising waste also poses a potential hazard to the nearby environment bodies which are additionally catalyzing the demand from the municipalities across the globe.
Moreover, governments of different countries are supporting and funding environment-sustaining solutions. With major investment in smart city projects, waste recycling and energy production is expected to play a vital role in achieving eco-friendly and sustainable objectives.
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Global Waste To Energy Market: Report Scope
| Report Attribute | Details |
| Market Size 2019 Value | USD 17940.4 Million |
| Market Forecast for 2026 | USD 29187.5 Million |
| Expected CAGR Growth | CAGR 7.2% from 2020-2026 |
| Base Year | 2020 |
| Forecast Year | 2020-2026 [Updated] |
| Top Market Players | Waste Management Inc., Mitsubishi Heavy Industries Ltd, Suez Environment S.A., Construction Industrielles de la Mediterranee (CNIM), and Others |
| Segments Covered | Technology, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Global Waste To Energy Market: Segmentation
The thermal technology for waste to energy production is expected to continue its dominance over the period under study. The market dominance is mainly owing to the increasing development and advancements in gasification and incineration technologies. The thermal technology-based WTE is also expected to exhibit the highest growth in the foreseeable future.
The waste to energy market research report delivers an acute valuation and taxonomy of the waste to the energy industry by practically splitting the market based on technology and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
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Global Waste To Energy Market: Regional Analysis
Regionally, Europe is expected to lead the global waste to energy market with Germany, France, and Switzerland contributing highest in the region. The Asia Pacific region is expected to exhibit the highest growth during the forecast period. The demand from major economies in the region such as China, Japan, and India is expected to be the primary growth factor for the Asia Pacific region.
Major players operating in the global waste to energy market covered in this report include Waste Management Inc., Mitsubishi Heavy Industries Ltd, Suez Environment S.A., Construction Industrielles de la Mediterranee (CNIM), C&G Environmental Protection Holdings, A2A SpA, Babcock & Wilcox Enterprises Inv., Hitachi Zosen Corp, China Everbright International Limited, Veolia Environnement SA, and China Jinjiang Environment Holding Company Limited.
This report segments the global waste to energy market as follow:-
Global Waste to energy Market: By Technology Segmentation Analysis
- Thermal
- Biological
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