Waste-to-Energy Technologies Market to Witness Robust Expansion by 2029

Waste-to-energy technologies market is anticipated to grow at a CAGR of 5.8% during the forecast period. The market growth is attributed to factors such as the increasing waste generation, stringent waste management regulations and technological advancements. Governments and environmental agencies across the globe are implementing stringent regulations and policies to reduce landfill waste and promote sustainable waste management practices. According to the US Energy Information Administration (EIA), municipal solid waste (MSW) 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 2021, 64 U.S. power plants generated about 13.6 billion kilowatt-hours of electricity from burning about 28 million tons of combustible MSW for electricity generation. Biomass materials accounted for about 61% of the weight of combustible MSW and for about 45% of the electricity generated. The remainder of the combustible MSW was no biomass combustible material, mainly plastics. Many large landfills also generate electricity by using the methane gas that is produced from decomposing biomass in landfills. Many countries use waste-to-energy plants to capture the energy in MSW. The use of waste-to-energy plants in some European countries and in Japan is relatively high, in part because those countries have little open space for landfills.

The global waste-to-energy technologies market is segmented based on the application, technology, and waste type. Based on the application, the market is segmented into electricity and heat. Based on technology, the market is sub-segmented into thermochemical and biochemical. Further, based on waste type, the market is segmented into MSW, process waste, agricultural waste, and others). Among the application segment, the electricity sub-segment is expected to hold a prominent share of the global market owing to the growing demand for the electricity as it is being used for sustainable development globally.

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Market Coverage

Market number available for - 2021-2030
Base year- 2022
Forecast period- 2023-20
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

, and others

Market Segmentation

By Application

Electricity
Heat

By Technology

Thermochemical
Biochemical

By Waste Type

Municipal Solid Waste
Process Waste
Agricultural Waste
Others

A full Report of Waste-to-Energy Technologies Market is Available @  https://www.omrglobal.com/industry-reports/waste-to-energy-technologies-market

Regional Analysis

North America                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

China Jinjiang Environment Holding Co. Ltd
Hitachi Zosen Corp
MVV Energie AG
Martin GmbH
Veolia Environnement SA
Mitsubishi Heavy Industries Ltd
Waste Management Inc.
Suez Group
Martin GmbH
Xcel Energy Inc.
A2A S.p.A.
China Everbright Limited
Wheelabrator Technologies Holdings Inc.
Covanta Holding Corp.
Plasco Energy Group Inc

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