Waste to Energy Market Research Report: Information,
by Technology [(Thermal Technology (Incineration, Pyrolysis, and
Plasma-Arc Gasification), and Biological Technology (Methane Capture, Anaerobic
Digestion, and Fermentation)] and Region
Global Waste To Energy Market: Synopsis
The detailed report published by Market Research
Future (MRFR) projects that the global waste to energy market is marked to
exhibit significant growth during the assessment period of 2016-2023 Increased
consumption of energy and complexities faced during waste management as result
of high rate of waste generation all
over the world is generating demand for advanced technology that can
efficiently convert waste into a form of consumable energy. Emergence of proper
disposal of waste generated due to the presence of large population base in the
developing and developed regions is leading to development of new techniques of
waste management that can be converted it into consumable energy.
Global Waste To Energy Market: Segmentation
The global market for waste to energy is segmented on
the basis of technology and method.
By technology, the global waste to energy market is
segmented into biological and thermal.
The thermal technology segment is forecasted to
command the major share of the global waste to energy market.
On the basis of method, the global waste to energy
market is segmented into incineration, anaerobic digestion, gasification,
pyrolysis, and fermentation.
Industry Highlights
Recycling of waste products is one of the major waste
management solutions that are aiding in generating consumable energy that can
be effectively utilized for various industrial as well as domestic purposes.
Rapid exhaustion of non-renewable energy sources is generating demand for
advanced technology that can harness energy from alternative sources such as
waste. High demand for energy as a result of current energy crisis caused due
to unprecedented consumption of energy and emergence of management of large
amount of waste are majorly propelling the expansion of the global waste to
energy market. Incorporation of advanced technology in recycling plants and
increased research for development of techniques that can convert waste into
energy in cost-effective manner is also contributing to the expansion of the
global waste to energy market. However, lack of skilled professionals to
operate and maintain waste to energy plants is restraining the expansion of the
global market for waste to energy during the review period.
Regional Analysis
The global market for waste to energy has been
geographically segmented into five regions such as South America, North
America, Europe, Asia Pacific (APAC), and the Middle East and Africa. The Asia
Pacific region commands the dominant share of the global waste to energy market
owing to the rapid rise in generation of waste due as a result of increasing
population base, increased energy consumption, and rising environmental
awareness in the emerging economies such as India, China, and Japan in this
region. Stringent regulations regarding the management of waste and deployment
of technologically advanced solutions are propelling the expansion of waste to
energy market in the Americas.
Waste To Energy Market: Key Players
The prime players profiled by Market Research Future
(MRFR) that are operating in the global waste to energy market are Waste
Management, Inc, Constructions industrielles de la Méditerranée (CNIM), C&G
Environmental Protection Holdings, Covanta Energy Corporation, Veolia
Environment, China Everbright International Limited, and Suez Environment S.A.
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Market Research Future:
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