Incinerator Market Size and Share From 2022 to 2027 and Unlimited Opportunities for New Companies

According to the latest report by IMARC Group, titled "Incinerator Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2022-2027", the global incinerator market reached a value of US$ 14.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 18.87 Billion by 2027, exhibiting at a CAGR of 4.74% during 2022-2027.

Incineration is a type of technology used for the treatment of waste products through their combustion. The heat produced during the incineration process is used to generate electricity, whereas the waste materials are converted into fly gas and residual ash. They are, thus, primarily used for the management of medical wastes, chemical wastes, agricultural wastes, sewage incineration, and building and municipality wastes. Currently, the commonly available incinerators include fluidized beds, rotary kiln, liquid injection, catalytic combustion, multiple hearths, waste gas flare, and direct flame.

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Incinerator Market Trends:

The ability of incinerators to treat non-organic and artificial waste represents one of the primary factors driving the market growth. Additionally, the increasing amount of waste generated from industries and commercial complexes is acting as another growth-inducing factor. This is further supported by the declining availability of landfills and the rising pollution, which, in turn, is facilitating the global demand for incinerators. Besides this, the growing environmental concerns have prompted governments to promote the utilization of incinerators as an alternative power generating tool, which is creating a positive outlook for the market.

Incinerator Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the incinerator market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key Players Include:

Babcock & Wilcox Co.
Covanta Energy Corp.
Suez Environnement Co. S.A.
Constructions industrielles de la Méditerranée S.A
Gershman, Brickner & Bratton, Inc.
EEW Energy from Waste Gmbh
Martin Gmbh
Wheelabrator Technologies
Novo Energy, LLC.

Key Market Segmentation:

Breakup by Product Type:

Moving Grate
Static Hearth, Furnace and Multiple Hearth
Rotary Kiln
Fluidized Bed

Breakup by End-Use Sector:

Municipal Sector
Industrial Sector

Regional Insights:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

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Key highlights of the Report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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