Press release
Waste to Energy Market: Industry Expected to Experience a Positive Growth till 2031 | Covanta Energy, China Everbright, Suez Environment (SITA), Veolia Environmental
Global Waste to Energy Market reached US$ 38.5 billion in 2023 and is expected to reach US$ 68.7 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.DataM Intelligence has published a new research report on "Waste to Energy Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Waste to Energy (WtE) is a process that converts non-recyclable waste materials into usable forms of energy, typically electricity, heat, or fuel. This conversion can occur through various technologies, including combustion, gasification, pyrolysis, and anaerobic digestion. WtE helps reduce the volume of waste sent to landfills, thereby mitigating environmental impacts while simultaneously generating renewable energy. By harnessing the energy potential of waste, WtE contributes to sustainable waste management practices, reduces greenhouse gas emissions, and supports the transition to a circular economy by recovering resources from discarded materials.
Key Developments:
In April 2023, Egypt secured a $120 million contract to design, develop, own, and operate the country's first solid waste-to-electricity facility. This contract was signed between the Giza governorate and a partnership involving Renergy Egypt and the National Authority for Military Production.
In January 2023, Babcock & Wilcox received a contract from the Lostock Sustainable Energy Plant to support the delivery of the power train for a waste-to-energy plant located near Manchester, UK. The plant is expected to generate over 60 MW of energy annually for local residents and businesses while processing approximately 600,000 metric tons of waste. The contract is valued at $65 million.
In August 2022, as part of its ambitious combined solid waste management initiative, the urban development and housing department of the state planned to construct a waste-to-energy plant near Ramachak Bairiya along the Patna-Gaya highway. The goal is to ensure the scientific disposal of all waste materials at the facility.
Research Process:
Both primary and secondary data sources have been used in the global Waste to Energy Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
List of the Key Players in the Waste to Energy Market:
Covanta Energy, China Everbright, Suez Environment (SITA), Veolia Environmental, Viridor, Keppel Seghers Belgium N.V., MVV Energie AG, China Metallurgical Group, Fluence Corporation and Waste Management Inc.
Segment Covered in the Waste to Energy Market: CCC
Regional Analysis:
The global Waste to Energy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Waste to Energy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Waste to Energy Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Waste to Energy manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Waste to Energy in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
Q1) How Big is the Waste to Energy Market?
A) Global Waste to Energy Market reached US$ 38.5 billion in 2023 and is expected to reach US$ 68.7 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.
Q2) Who are the key players of Waste to Energy Market?
A) Covanta Energy, China Everbright, Suez Environment (SITA), Veolia Environmental, Viridor, Keppel Seghers Belgium N.V., MVV Energie AG, China Metallurgical Group, Fluence Corporation and Waste Management Inc.
Q3) What are the regions covered in this report?
A) The global Waste to Energy Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa
4) What are the Segments Coverd in this report?
A) The Waste to Energy market is segmented as Technology, Waste and Region
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