North America Waste to Energy Market To See Massive Growth By 2025 | Covanta Holding Corp, Waste Management Inc., Suez SA

Global North America Waste to Energy Market Report 2021 – 2025 is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s five analyses are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The Report initially provides an overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The report also entails the Covid-19 and post-Covid dynamics in the global North America Waste to Energy market.

The North America waste to energy (WTE) market is expected to grow at a CAGR of more than 7.5% during the forecast period 2020 - 2025.

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The Top Major Competitive Players are : Covanta Holding Corp, Waste Management Inc., Suez SA, Martin GmbH, and Wheelabrator Technologies Inc.

Key Market Trends

Thermal Based Waste to Energy Conversion to Dominate the Market

- As of 2019, thermal technology is expected to account for the highest market share in the global waste-to-energy market. This trend is expected to continue in the coming years owing to the increasing developments in the technologies of incineration and gasification.
- In Dec 2019, Systems International announced plans for two upcoming Zeros plants in Texas. Both would be near Houston one in Chambers County, another in Liberty County. The company works with project developers that want to pursue Zeros projects. The concept of a 120-megawatt plant that produces 20 million gallons a day of distilled water.
- In the present scenario, incineration is the most well-known waste-to-energy technology for Municipal Solid Waste (MSW) processing, owing to cost-effectiveness. However, waste-to-energy technologies, particularly incineration, produce pollution and carry potential health safety risks.

Regional Analysis:

The United States to Dominate the Market

- In 2019, there were 86 waste-to-energy facilities in the United States. According to the Energy Recovery Council, they provide 2,700 MW of clean electricity on a 24 hour per day, 365 days per year basis enough to power about 2 million homes.
- Solid waste is usually burned at special waste-to-energy plants that use the heat from the fire to make steam for generating electricity or to heat buildings. In 2018, 68 US power plants generated about 14 billion kilowatt-hours of electricity from burning 29.5 million tons of combustible MSW.
- Biomass materials accounted for about 64% of the weight of the combustible MSW and about 51% of the electricity generated. The remainder of the combustible MSW was nonbiomass combustible material, mainly plastics.
- Many large landfills also generate electricity by using the methane gas that is produced from decomposing biomass in landfills.

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