Global Market for Waste to Energy : Forecast till 2030

Visiongain has launched a new energy report Waste-to-Energy (WtE) Market Forecast 2020-2030: Capacity (tpa) & CAPEX ($m) Forecasts for Incineration of Municipal Solid Waste (MSW) & Refuse-Derived Fuel (RDF) in Electricity Generation, District Heating & Combined Heat and Power (CHP), Energy from Waste (EfW) Plants; Featuring Technologies: Mass Burn, Gasification, Pyrolysis, Fluidised Bed, Advanced Thermal Treatment (ATT), & Advanced Conversion Technology (ACT).

Visiongain assesses that The global waste-to-energy market was valued at $16.4 billion in 2019, and it is expected to reach $22.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 3.3% from 2020 to 2030. Read on to discover the potential business opportunities available.

To request a overview of this report please contacts Sara Peerun at sara.peerun@visiongain.com or refer to our website:@https://www.visiongain.com/report/waste-to-energy-wte-market-forecast-2020-2030/

The emergence of Asia-Pacific as a major hub for WTE development is expected to provide growth opportunities to market participants over the forecast period. The emerging economies of China and India have been developing their renewable resources to reduce carbon footprints to meet the carbon footprints seen in developed economies and have been involved in extensive R&D to develop low-cost WTE technologies. These efforts are expected to create immense opportunities for market participants.

Thermal technologies have emerged as the leading technology used for generating energy from waste. The segment accounted for 87% of total market revenue in 2019. Thermal technologies are further segregated into conventional thermal technologies and alternative thermal technologies. Thermal is the oldest and the most trusted technology used for generating energy from waste. However, the high cost associated with its installation, and its emission of harmful gases during incineration, are expected to hinder the market growth over the forecast period.

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Biological treatment is expected to be the fastest growing technology at an estimated CAGR of 5.4% from 2020 to 2025. Biological treatments include the treatment of waste with microorganisms to generate energy. These methods are considered more environmental friendly than thermal technologies and are expected to increase their market penetration over the forecast period.

WTE is gaining status as an important component of integrated waste management strategies in which it plays the role of an alternative strategy to relieve the pressure on landfills. The added benefit of WTE over other waste management strategies is the potential for the extraction of energy. A major portion of this energy is used by the plant itself for its internal energy requirements; the remainder is supplied to the community.

Despite the potential that the sector offers both in terms of waste management and in terms of providing a cheap alternate energy source, many of the WTE technologies have been met with public opposition. For instance, thermal WTE projects have received bad publicity with concerns from environmental groups and local communities regarding several factors, including their impact on the environment and human health. Even though it is claimed that modern WTE combustion plants are safe and odor-free, public concern remains a barrier and continues to slow the implementation of new projects. However, several emerging technologies are much more efficient and promising and face less opposition. With growing waste volumes, the adoption of efficient and environmentally friendly waste management methods is becoming a priority for countries around the globe.

Request your free report overview by emailing: sara.peerun@visiongain.com

The report will answer questions such as:
• What are the prospects for the overall waste-to-energy industry?
• Where are the major investments occurring?
• Who are the key players in the waste-to-energy industry?
• What are the market dynamics underpinning the sector?
• How consolidated is the sector amongst the large industry players?

This report is essential reading for you or anyone in the energy or waste sectors with interest in waste-to-energy. Purchasing this report today will help you to recognise those important market opportunities and understand the possibilities there. I look forward to receiving your order.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

Find More Other Industry Research Reports by Visiongain: https://www.visiongain.com/industries/

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help:

Contact:
Sara Peerun
Commercial Director
Visiongain Limited
Phone: +44 (0) 20 7549 9987.
Email: sara.peerun@visiongain.com

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent market research company in London, the company comprises over 400+ analysts and consultants, adding more than 1400 market research reports to its vast database each year. These reports offer in-depth analysis on 18 industries worldwide. With the help of an interactive market intelligence platform, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Report Source: https://www.visiongain.com/report/waste-to-energy-wte-market-forecast-2020-2030/

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