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Waste-To-Energy (WTE) Market Analysis & Technological Innovation by Top Key Player: Ze-gen, Inc., Amec Foster Wheeler, SUEZ, BTA International GmbH, Babcock & Wilcox, Keppel Seghers Qatar, Wheelabrator Technologies, Covanta

05-05-2020 10:38 PM CET | Energy & Environment

Press release from: Market Study Report LLC

Waste-To-Energy (WTE) Market Analysis & Technological

The Exploration study offers deep assessment of the Waste-To-Energy (WTE) Market and helps market participants to gain a solid base in the industry. The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, historical data, facts and statistically supported and industry certified market data.

After analyzing the global waste-to-energy market in detail, Market Research has arrived upon the conclusion that the industry is set to display an upward trend, with 6.09% of CAGR in terms of revenue for the forecast years of 2019 to 2027. The trend of producing reusable energy from waste has gained traction throughout the world. The world is facing a serious problem of increased waste generation. Overfilled landfills have led the world to shift its focus towards using waste for generating power. Waste-to-energy or WtE is an efficient solution provided for handling municipal waste. The commercialization of several WTE technologies has garnered growing interest towards the development of WtE projects, with increased investments.

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Leading players in the Market:
The notable players in the waste-to-energy market are Plasco Conversion Systems (acquired by RMB Advisory Services), Ze-gen, Inc., Amec Foster Wheeler Plc (acquired by Wood Group), Suez Environnement Company, BTA International GmbH, Babcock & Wilcox Enterprises, Inc., Keppel Seghers, Austrian Energy & Environment Group, Wheelabrator Technologies, Inc., and Covanta Holding Corporation.
Veolia Environment S.A. designs and implements solutions for water, waste, and energy. The company operates, maintains, and optimizes treatment plants. Veolia operates through three business segments: water, waste solutions, and energy services. The company strongly focuses on creating partnerships with its customers, suppliers, and other stakeholders to gather the full potential in the waste-to-energy market. It conducts extensive research into innovative technologies & solutions that can be used to convert energy from waste. Veolia has operations across Europe, Asia, Oceania, the Americas, the Middle East, and the Rest of World.

Regional Outlook:
The market for waste-to-energy spans across various regions, such as North America, the Asia-Pacific, Europe, Latin America, and the Middle East and Africa. The APAC market for waste-to-energy is growing the fastest at the global scale. The growing demand for energy and the aim of reducing dependence on fossil fuels have resulted in the growth of the waste-to-energy market in the countries of India and China. The rapid rates of industrialization & urbanization in these countries pose grave challenges for waste management for their governments.

The growing population has also been putting pressure on land space, prompting municipalities and governments across these countries to reduce landfill waste. Waste generation in the Asia-Pacific is expected to increase, owing to the growth in the GDP, and would force the governments to consider the implementation of waste-to-energy technologies and waste management sectors. Emerging economies in the Asia-Pacific serve as driving factors for the energy market, globally, and thus, manufacturers in the region have started to invest heavily in research & development of low-cost WtE technologies.

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Table Of Contents
1. Global Waste-To-Energy (Wte) Market - Summary
2. Industry Outlook
3. Global Waste-To-Energy (Wte) Market Outlook - By Technology
3.1. Thermal
3.2. Biological
3.3. Physical
4. Global Waste-To-Energy (Wte) Market Outlook - By Type Of Waste
4.1. Municipal Waste
4.1.1. Residential
4.1.2. Commercial & Institutional
4.1.3. Construction & Demolition
4.1.4. Other Municipal Wastes
4.2. Process Waste
4.3. Medical Waste
4.4. Agriculture Waste
4.5. Other Wastes
5. Global Waste-To-Energy (Wte) Market Outlook - By Application
5.1. Electricity
5.2. Heat
5.3. Combined Heat & Power Units
5.4. Transport Fuels
5.5. Other Applications

The rising demand for energy & the need for energy security, considerable investments in new waste-to-energy projects, rapid rates of industrialization & urbanization, and the decrease in the number of landfills are the factors responsible for driving the waste-to-energy market. Moreover, the depletion of conventional energy resources and the emergence of new technologies, are excellent opportunities for the market to reach its projected growth.

However, the high costs involved in setting up WtE plants, strict environmental guidelines, availability of alternative technologies, are factors restraining the market growth. In addition, technological challenges and opposition from environmental groups & local communities are further creating hurdles for the growth of the waste-to-energy market.

Related Report:
Global Hazardous Waste Management Market Size Study, by Type of Waste, by Treatment Type, by Service Type, and Regional Forecasts, 2017-2025

Global Hazardous Waste Management Market industry valued approximately USD 25340 million in 2016 is anticipated to grow with a healthy growth rate of more than 6.66% over the forecast period 2017-2025. The major factors driving the growth of the Market is Critical health care waste management and Government and private initiative for a greener world.

https://www.marketstudyreport.com/reports/global-hazardous-waste-management-market-size-research?utm_source=Openpr.com&utm_medium=TS

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