Waste to Energy 2018 Market Emerging Technologies, Regional Trends, Historical Analysis, and Forecast to 2027

Market Overview:-

The energy sector however, is considered to be perfect match because of its need to continuously meet to growing energy demand. Waste is now not only an undesired product of society, but a valuable energy resource as well. Energy recovery from waste can solve two problems at once treating non-recyclable and non-reusable amounts of waste, and generating a significant amount of energy which can be included in the energy production mix in order to satisfy the consumer’s needs. As per the study conducted by Market Research Future, the global market for waste to energy is likely to grow at the CAGR of around 7.5%.

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Energy conversion from waste can be obtained by utilising different technologies. Each one of these Waste to Energy solutions has specific characteristics, and can be more or less feasible depending on many parameters. Factors include the type and composition of waste, its energy content, the desired final energy form, the thermodynamic and chemical conditions in which a Waste to Energy plant can operate, and the overall energy efficiency. One of the biggest barriers for Waste to Energy development will be the high technology costs in comparison with landfilling, which is the most financially-effective way of waste disposal. The growth of the Waste to Energy methodology and future technological advancements will most likely drive the costs down for Waste to Energy technologies, making them affordable in developing countries as well. Further research into increasing the energy efficiency of the plants, along with treating outputs from pollutants such as desulfurization of flue gas, is expected to benefit the Waste to Energy technology growth. Bio-chemical treatments of waste are expected to contribute significantly to the industry development, especially in developing countries.

Worldwide Waste to Energy Market - Competitive Analysis

The Waste-to-Energy Plant Operation industry has a moderate level of industry concentration. Key Players operating in the market strive to improvise technological processes in order to reduce installation costs. The industry's two major companies, such as Covanta Energy Corporation accounted for 50% of industry revenue in 2016. The remainder of industry revenue is earned either by individual municipalities operating facilities that they own themselves, or by smaller private companies that municipalities have contracted to operate their facilities. The establishment of long-term contracts between this industry and downstream customers makes it difficult for new entrants to dilute the market share of pre-existing companies.

Top Key Plaayers:-

Some of the key players in the Waste to Energy market are Constructions industrielles de la Méditerranée (CNIM), Covanta Energy Corporation, C&G Environmental Protection Holdings,Veolia Environnement, China Everbright International Limited,Waste Management, Inc, and Suez Environment S.A.

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Industry News:-

In November, 2017 – CNIM and MARTIN announced the establishment of a company dedicated to energy-from-waste and -biomass in order to develop their business activities in the targeted markets. Located in Chennai, India, this company will rely on the two partners’ expertise and know-how to deliver turnkey solutions to public authorities and private customers.

In June, 2017 – Covanta (NYSE: CVA), world leader in sustainable waste and energy solutions announced a new agreement with the Delaware County Solid Waste Authority (DCSWA) for sustainable waste disposal at the Covanta Delaware Valley Energy-from-Waste facility located in Chester, PA., U.S. The new five-year agreement, which includes extension provisions, continues a 25-year partnership between Covanta and Delaware County.

In November, 2017 – China Everbright International Limited announced that the Group's Hangzhou Waste-to-energy Project in Jiufeng Village of Yuhang District, Hangzhou City of Zhejiang Province, China, has successfully passed the "72+24-hour" trial run and commenced operation, following 18 months of construction.

Waste to Energy Market - Segmentation

Global Waste to Energy Market is segmented in to 3 Key dynamics: -

By Technology : Comprises - Biological & Thermal.

By Method : Incineration, Gasification, Pyrolysis, Anaerobic Digestion and Fermentation.

By Regions : North America, Europe, APAC and Rest of the World.

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Waste to Energy Market - Regional Analysis

Asia-Pacific is the leading market for the Waste to Energy market with almost half of the market share captured by this region. Rapid economic development in the APAC region is also going to be key for the growth and development of the Waste to energy market. India and China have well established waste management infrastructure which is going to provide immense growth opportunity for growth I this market.

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