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Waste-to-Energy Market worth $108.73 billion by 2030, growing at a CAGR of 11.77% - Exclusive Report by 360iResearch
Waste-to-Energy Market | 360iResearch
The Global Waste-to-Energy Market to grow from USD 49.87 billion in 2023 to USD 108.73 billion by 2030, at a CAGR of 11.77%.
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Waste-to-Energy is the process to generate energy in the form of electricity and heat from the primary waste treatment. Waste-to-energy is the sustainable option for landfills for waste disposal, as it takes non-hazardous waste and processes it using various technologies, including biological & thermal, to produce electricity. Increasing electricity demand from residential & commercial sectors, reduction of greenhouse gas emissions by waste-to-energy technologies, and government initiative & financial schemes encouraging energy production from waste. The high implementation, operating & maintenance costs of incinerators are affecting the deployment of waste-to-energy plants. Moreover, the emerging projects and new advanced Waste-to-Energy technologies such as hydrothermal carbonization (HTC) fast-track the slow process of geothermal conversion of wet waste with an acid catalyst at high pressure and heat.
The European region has a large infrastructure framework in waste-to-energy facilities, with commitments of most European countries to reduce greenhouse gas (GHG) emissions. Emerging players in the regions are supported by government initiatives to develop new technologies and establish sustainable waste management infrastructure by incorporating Waste-to-Energy technologies. For instance, Copenhagen's (Denmark) latest projects include an incinerator that functions as a ski slope and a waste-to-energy (WTE) education center for its citizens, utilizing 54% of waste to create heat and electricity using incinerators. Several market players are expanding Waste-to-Energy generation facilities in the Middle East and Africa region, particularly in the oil & gas industry. The Asia-Pacific region is expected to record exponential growth in the Waste-to-Energy market due to different types of waste availability and its energy generation potential across India and China. Market players in the Asia-Pacific region are attracting huge investments to indulge in research and development activities to enhance the economic viability of energy recovery from waste materials. The Americas witnessed a strong presence of established market players focused on energy generation from organic wastes from industrial operations such as food & beverage manufacturing, biodiesel production, integrated biorefineries, and pharmaceuticals. Additionally, government support for converting waste to energy from commercial, institutional, and residential waste enhances regional market growth.
Market Segmentation & Coverage:
This research report categorizes the Waste-to-Energy Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Waste Type, market is studied across Liquid-Waste and Solid-Waste. The Liquid-Waste commanded largest market share of 64.61% in 2023, followed by Solid-Waste.
Based on Process, market is studied across Anaerobic Digestion, Depolymerization, Gasification, Hydrothermal Carbonization, Plasma Gasification, and Pyrolysis. The Anaerobic Digestion commanded largest market share of 22.17% in 2023, followed by Depolymerization.
Based on Deployment, market is studied across Private and Public. The Private commanded largest market share of 55.20% in 2023, followed by Public.
Based on Application, market is studied across Electricity and Transport Fuels. The Electricity commanded largest market share of 53.37% in 2023, followed by Transport Fuels.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 41.46% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Waste-to-Energy Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Waste-to-Energy Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Waste-to-Energy Market, highlighting leading vendors and their innovative profiles. These include Abellon CleanEnergy Limited, Amandus Kahl GmbH & Co. KG, ANDRITZ AG, Arrow Ecology & Engineering Overseas (1999) Ltd ., Attero, AVR-Afvalverwerking B.V., Axpo Holding AG, Babcock & Wilcox Enterprises, Inc., China Everbright Limited, CNIM Group, Cortus Energy AB, Covanta Holding Corp., Doosan Lentjes GmbH, Ebara Corporation, EEW Energy from Waste GmbH, Electricité de France, Emery Energy Company, Ener-Core, Inc., Energos AS, ENERKEM Inc., Evoqua Water Technologies LLC, Flex Energy Solutions, Fortum Corporation, GCL Technology Holdings Limited, Grandblue Environment Co., Ltd., Hitachi Zosen Corporation, Intouch Monitoring Limited, JFE Engineering Corporation, Kawasaki Heavy Industries Ltd., Keppel Corporation Limited, Klean Industries Inc, LanzaTech Global, Inc., MAN Energy Solutions SE, MARTIN GmbH für Umwelt- und Energietechnik, Mitsubishi Heavy Industries, Ltd., Ramboll Group A/S, SUEZ SA, SUTCO UK Ltd., Tana Oy, Terragon Environmental Technologies Inc., Vanguard Renewables, Veolia Environnement SA, Viridor Limited, Waste Management, Inc., Wheelabrator Technologies by Norican Group, Xcel Energy Inc., and Zheneng Jinjiang Environment Holding Company Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Waste-to-Energy Market, by Waste Type
7. Waste-to-Energy Market, by Process
8. Waste-to-Energy Market, by Deployment
9. Waste-to-Energy Market, by Application
10. Americas Waste-to-Energy Market
11. Asia-Pacific Waste-to-Energy Market
12. Europe, Middle East & Africa Waste-to-Energy Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Waste-to-Energy Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Waste-to-Energy Market?
3. What is the competitive strategic window for opportunities in the Waste-to-Energy Market?
4. What are the technology trends and regulatory frameworks in the Waste-to-Energy Market?
5. What is the market share of the leading vendors in the Waste-to-Energy Market?
6. What modes and strategic moves are considered suitable for entering the Waste-to-Energy Market?
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