With 4.74% CAGR, Incinerator Market to Reach US$ 18.87 Billion by 2027 | Global Industry Report, Demand and Forecast

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.

An incinerator is an apparatus that uses firewood and other waste materials, such as sawdust and straw, to safely dispose of liquid, solid, and gaseous wastes emitted from the manufacturing process. The waste materials produced during incineration are converted into fly gas and residual ash. The incinerator recuperates energy, which is then used to generate electricity by thermal or steam flow through the use of auxiliary equipment. Currently, the product is witnessing massive popularity in treating municipal or industrial solid waste, hazardous waste, medical waste, and disposal of construction demolition debris.

Request for a PDF Sample of this Report: https://www.imarcgroup.com/incinerator-market/requestsample

Incinerator Market Trends:

The rising environmental awareness and the increasing demand for sustainable products for end-use applications are some of the key factors primarily accelerating the market growth. In line with this, key market players are investing heavily in research and development (R&D) activities to develop eco-friendly incinerators with minimal fuel consumption, which is bolstering the market growth. Additionally, governments of various nations are implementing several laws for the proper disposal of waste generation, which, in turn, is providing an impetus to the market growth.   Moreover, the growing generation of hazardous and non-hazardous waste from several industries, such as food & beverage (F&B), cosmetics, automotive, and plastic, the declining availability of landfills, and the rising product application to treat non-organic and artificial waste are boosting the market growth.

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:

The report has segmented the incinerator market on the basis of product type, end-use sector and region.

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

Breakup by Region:

Asia Pacific
North America
Europe
Middle East and Africa
Latin America

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=1113&flag=A

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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.

You Might Also Read:

https://www.openpr.com/news/2916814/cement-mixer-market-size-is-projected-to-reach-us-17-3-billion

https://www.openpr.com/news/2916820/indian-access-control-market-size-and-share-2027-market

https://www.openpr.com/news/2916840/vietnam-aquaculture-market-size-share-statistics-industry

https://www.openpr.com/news/2916870/india-digital-ooh-advertising-market-size-is-projected-to-reach

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

About Us                                                                      

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.

This release was published on openPR.