Escalating Waste Generation Rate Leading to the Growth of Asia-Pacific Waste to Energy Market

The rising level of generation of municipal wate, robust urbanization, and increasing disposable income are leading to an escalation in the rate of waste generation in countries such as India and China. Every year, about 55 million tonnes of municipal solid waste (MSW) is generated in the urban areas of India. Apart from this, rapid industrialisation and growing population are propelling the volume of waste release from the end-user sectors such as industrial, agriculture, and municipal is proliferating the growth of the market. However, increasing government initiatives to set up waste-to-energy projects are anticipated to promulgate the growth of waste to energy market in the Asia-Pacific region in the forecast period.

According to MarkNtel Advisors’ research report “Asia-Pacific Waste to Energy Market Analysis, 2020”, the Asia-Pacific waste to energy market is anticipated to grow at a CAGR of around 10.75% during 2020-25. Based on type of waste, municipal waste sector captured the largest share in 2019. This is attributed to rising municipal waste due to rapid commercialization and urbanization in the countries. China is one of the largest municipal solid water generators in the world. Moreover, the rising level of waste generation from resident households along with extensive investment by the government to install waste-to-energy capacity in order to treat the municipal solid waste are further escalating the growth of the market in coming years.

https://www.marknteladvisors.com/research-library/asia-pacific-waste-to-energy-market.html

“Asia-Pacific Waste to Energy Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and growth opportunities available for Waste to Energy providers across the region. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

https://www.marknteladvisors.com/query/request-sample/asia-pacific-waste-to-energy-market.html

Based on region, Japan accounted for the majority market share in the Asia-Pacific waste to energy market in 2019. Japan is among the early adopters of waste to energy technology due to rapid industrialization, which is rising the amount of waste generated from the household and industries. However, in order to curb the carbon emission and to save the water bodies various investment are made by the government toward R&D in the technology in order to efficiently treat the waste. Hence, this is projected to place a positive impact to the growth of the market in the country in the forthcoming period as stated in MarkNtel Advisors’ research report “Asia-Pacific Waste to Energy Market Analysis, 2020”.

According to MarkNtel Advisors, the key players with a considerable market share in the Asia-Pacific Waste to Energy market include Wood Group Plc., Babcock & Wilcox Co., C&G Environmental Protection Holdings Ltd., Covanta Holding Corporation, Hitachi Zosen Corporation, Everbright International Ltd., Green Conversion Systems, Inc., Plantec Asia-Pacific Pte Ltd., Hitachi Zosen Corporation, Keppel Seghers, Suez Environment Company, Mitsubishi Heavy Industries Ltd, Waste Management Inc., and Veolia Environment S.A, etc.

Market Segmentation:
1. By Technology (Physical, Thermal, Biological)
2. By Type of Waste (Municipal Waste, Agricultural Waste, Industrial Waste)
3. By Application (Electricity, Heat, Combined Heat and Power, Transport Fuels, Others)
4. By Countries (China, India, Japan, Australia, South-Korea, Malaysia, Singapore)
5. By Company (Wood Group Inc., Babcock & Wilcox Co., C&G Environmental Protection Holdings Ltd., Covanta Holdings Corporation, Hitachi Zosen Corporation, Everbright international Ltd., Green Conversion System Inc., Plantec Asia Pacific Pte Ltd., Hitachi Zosen Corporation, Keppel Seghers, Suez Environment Company, Mitsubishi Heavy Industries Ltd., Waste Management Inc., Veolia Environment S.A, Others)

Key questions answered in the study:
1. What are the current and future market trends of the Asia Pacific Waste to Energy industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the region followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for Asia Pacific Waste to Energy industry?
5. What are the customer orientation, purchase behavior, and expectations from the Asia Pacific Waste to Energy firms across various regions?

Related Reports:

https://www.marknteladvisors.com/research-library/global-virtual-power-plant-market.html

Corporate Office: B-46, Noida - 63, UP- 201301
+1 (613) 707-5086
Sales Office: 1147 88AVE, Delta, BC V4C, 3B8, Canada
sales@marknteladvisors.com

ABOUT MarkNtel Advisors (https://www.marknteladvisors.com/ ):
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

This release was published on openPR.