openPR Logo
Press release

(WTE) Waste to Energy Market size worth $35.5bn by 2024

10-05-2016 08:57 AM CET | Energy & Environment

Press release from: gminsights

Waste to Energy Market size is expected to reach USD 35.5 billion by 2024; according to a new research report by Global Market Insights, Inc.
Increasing municipal solid waste (MSW) adoption as a fuel to generate renewable energy via thermal and biological techniques will drive industry growth. Thermal technology dominated the total share in 2015. In addition, incineration waste to energy market may witness significant growth, the technology was already valued at over USD 12.05 billion in 2015. Converting MSW as feedstock and help to enhance streams process are key factors fostering incineration technology market growth.

Request for a sample of this research report @ http://bit.ly/2dDmmDx

Increasing electricity demand along with growing dependency on renewable sources to generate energy due to depleting petrochemical reserves is likely to drive waste to energy market over the forecast timeframe. MSW management programs adopted by regional governments to promote power generation will further boost industry growth. Additionally, the U.S. recognition to include WTE to do their renewable energy targets may spur regional industry growth.

WTE can attract stable tipping fees compared to landfills and help in reducing GHG emissions from MSW in landfills. In addition, government has made target towards renewable energy use. EU has set target to derive 20% energy from renewable sources owing to boost waste to energy demand.

Growing urban population is forecast to be the key contributing factor for increasing MSW such as plastic, glass bottles, paper, tetra pack, cans, newspaper, cardboard boxes, meta items, aluminum foil, and wood pieces. Other factors such as industrialization, economic development, local climate, and public habits such as leftover food, further contribute towards MSW generation. Increasing MSW is anticipated to positively influence waste to energy market growth from 2016 to 2024. Major countries contributing MSW generation include U.S, China, India, Indonesia, and Brazil.

Depleting fossil fuel along with the correction in crude oil prices is anticipated to fuel the need for finding petroleum substitutes for power generation. Furthermore, rigorous research activities towards technological development to use MSW for power generation by substituting natural gas, oil, and coal is enduring, which in turn is anticipated to lay massive environmental benefits and technical feasibility to catalyze the waste to energy market growth from 2016 to 2024. However, high cost associated with plant construction as well as expensive components installation may hamper industry demand in the near future. Also, more capital involved in flue gases treatment and other residues produced may negatively impact growth.

Make an inquiry for purchasing this report @ http://bit.ly/2dbrTR7


Key insights from the report include:
Europe, led by UK, Germany, Italy and France biological waste to energy market should generate over 5.5% growth to exceed USD 2.5 billion by 2024. Anaerobic based biological process is gradually improving and may replace composting step for biodegradable waste treatment generated from MSW.

Thermal technology based incineration process in U.S. WTE market size was valued at over USD 1.8 billion in 2015. It is widely used for recovering energy from waste. Modernized thermal incineration equipments can replace existing ageing equipments and contribute towards lowering carbon emissions.

Pyrolysis and gasification process in Germany registered demand of over USD 0.69 billion in 2015. It is used to convert waste into energy-rich fuels by heating under controlled conditions and converts into energy and ash.

APAC, driven by China, India, Japan and Australia waste to energy market should achieve over 7.5% growth. Stringent environmental regulations coupled with investment spending should stimulate industry growth.

LATAM, driven by Argentina, Chile and Brazil WTE market size is set to witness gains at over 7.5%. The Brazilian government has set an initiative to increase electricity production from renewable sources and reduce GHG.

Global waste to energy market share is competitive. Keppel Seghers, Tenologies, Wheelabrator, Covanta and Hitachi Zosen are key notable industry players. Other prominent participants include Mitsubishi Heavy Industries, Foster Wheeler, Xcel Energy, China Everbright International, Plasco Energy, Veolia Environment and Green Conversion Systems.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

29L Atlantic Avenue,
Suite L 105, Ocean View,
Delaware 19970
United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release (WTE) Waste to Energy Market size worth $35.5bn by 2024 here

News-ID: 369483 • Views: 562

More Releases from gminsights

Luxury Wine & Spirit Market Size, Industry Analysis Report, Regional Outlook
Luxury Wine & Spirit Market size will witness significant growth due to increase in demand for applications in food and beverages industry. Rise in disposable income has enhanced the buying power of consumers, that in turn has helped them to opt for niche products. These have exceptional quality of raw materials that enhance customer satisfaction and spur its demand. Improved distribution channels of companies are anticipated to boost luxury wine
Vitamin E Market size worth over $2.4bn by 2024
Vitamin E Market size is expected to exceed USD 2.4 billion by 2024; according to a new research report by Global Market Insights, Inc. Increased consumer affordability coupled with rising health concerns should drive global vitamin E market size. Rising applications scope in pharmaceutical industry for treating Alzheimer's infection, diabetes, night cramps, Parkinson's disease, epilepsy, traumatic brain injury, multiple sclerosis, cerebral palsy and Huntington's disease, is evaluated to fuel industry
Prebiotics Market worth over $8.5 Bn by 2024
Prebiotics Market size is set to exceed USD 8.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Global prebiotics market size may witness consumption of over 1.35 million tons by 2024. Rise in consumer awareness regarding healthy diet consumption leads to increase in food & feed ingredients demand which have a positive influence for growth in dietary supplement market size. They are indigestible dietary
Bio Vanillin Market size worth over $19mn by 2023
Bio Vanillin Market size is expected to surpass USD 19 million by 2023; according to a new research report by Global Market Insights, Inc. Increasing consumer preference towards natural ingredients in food & beverage and personal care formulations will drive global bio vanillin market demand. Natural ingredients have been steadily gaining acceptance with consumers, especially across evolved markets, along with regulatory support for labeling standards. Bio vanillin has been developed

All 5 Releases


More Releases for MSW

Loft Ladders Market Latest Rising Trend & Forecast to 2026 - Top Companies are W …
A detailed research study on the Loft Ladders Market was recently published by IndustryGrowthInsights. The report puts together a concise analysis of the growth factors influencing the current business scenario across various regions. Significant information pertaining to the industry analysis size, share, application, and statistics are summed in the report in order to present an ensemble prediction. Additionally, this report encompasses an accurate competitive analysis of major market players and
Residential Attic Ladders Market to Witness Robust Expansion by 2024– Top Key …
Market Research Report Store offers a latest published report on Residential Attic Ladders Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 91 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/619348/global-united-states-european-union-china In 2019, the market size of
Global Attic Ladders Market Report 2019 Companies included Werner, Louisville La …
We have recently published 7th edition of market research report on Attic Ladders. For inquiry email us at: sales@marketreportscompany.com Report includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast till 2026 in terms of volume, revenue, YOY growth rate, and CAGR. The report also provides detailed segmentation on the basis of product type, applications and regional segmentation. The regional segment
Loft Ladders Market | Studied By Werner, Louisville Ladder, FAKRO, MSW, American …
UpMarketResearch published an exclusive report on “Loft Ladders Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 148 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Glycidyl Methacrylate market, especially in North America, Europe and Asia-Pacific, South America, Middle East
Loft Ladders Market Size, Growth and SWOT Analysis by Key Players: Werner, Louis …
This report presents the worldwide Loft Ladders market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Loft Ladders market was valued at Million US$ in 2017 and is
Residential Attic Ladders Market Size, Trends, Growth, Segmentation and Key Comp …
This report presents the worldwide Residential Attic Ladders market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The Residential Attic Ladders market was valued at Million US$ in 2017