Press release
Waste To Energy Global Market Report 2025: Surging at a CAGR of 6.6%, Market Projected to Reach $40.29 Billion
Waste To Energy Market Size
What Is The Projected Market Size Of The Global Waste To Energy Global Market Report 2025 And Its Growth Rate?
The Waste to Energy global market is witnessing unprecedented growth due to various factors:
• The market is projected to grow from $37.78 billion in 2024 to $40.29 billion in 2025 at a CAGR of 6.6%.
• The growth is primarily attributed to challenges in waste management, advancing energy security, regulatory incentives, growing public awareness, and urbanization trends.
• The Waste to Energy market is foreseen to reach $54.44 billion in 2029, growing at a CAGR of 7.8%, driven by initiatives towards a circular economy, stricter environmental regulations, a global commitment to renewable energy, technological integration with waste sorting, and increasing urbanization and waste generation.
What Is Driving The Growth In The Waste To Energy Global Market Report 2025?
Efficient waste management is becoming a critical factor in driving the growth of the waste-to-energy market. The adoption of sustainable waste to energy methods that can generate electricity using the heat produced is gaining momentum. For instance, an article by the World Economic Forum in April 2024 suggests that by moving towards a zero waste circular economy model, where 60% of all municipal solid waste is recycled, and the rest is managed safely, the volume of municipal solid waste could decrease drastically by 2050.
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Who Are the Key Players Driving Waste To Energy Global Market Report 2025 Growth?
Prominent players in the Waste to Energy market include:
• Veolia Environnement
• Covanta Holding Corporation
• SUEZ
• Waste Management Inc.
• Babcock & Wilcox
• Air Products and Chemicals Inc.
• Hitachi Zosen Corporation
• Wheelabrator Technologies
• Dalkia, Enerkem
• Siemens, Tetra Tech
• Viresco Solutions, Biogas Energy,
• CapitaSymonds, Bioenergy Infrastructure Group
• MRF Solutions, Plasco Energy Group
What Are The Key Trends In The Waste To Energy Global Market Report 2025?
Key trends in the forecast period include:
• Increased emphasis on decentralized systems
• Collaboration with public and private sectors
• Advancements in technology
• Utilization of non-incineration technologies
• Strategic investments in research and development
What Are The Segments Of The Global Waste To Energy Global Market Report 2025?
The waste to energy market segmentation is as follows:
• By Waste Type: Municipal Solid Waste, Agricultural Waste, Other Waste Types
• By Technology: Thermal, Biochemical, Other Technologies
• By Application: Heat, Electricity
Which Region Leads The Waste To Energy Global Market Report 2025?
In the waste-to-energy market, Europe was the largest region in 2024. However, Asia-Pacific is projected to be the fastest-growing region in the coming years.
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What Is Covered In The Waste To Energy Global Market Report 2025?
- Market Size Analysis: Analyses of the Waste To Energy Global Market Report 2025 size, specific to key regions, countries, product types, and applications.
- Market Segmentation Analysis: Detailed identification of various subsegments within the Waste To Energy Global Market Report 2025 for an efficient categorization.
- Key Player Examination of key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Evaluating individual growth trends and future prospects in the market.
- Market Contribution: Understanding the contributions of different market segments to the overall Waste To Energy Global Market Report 2025 growth.
- Growth Drivers: Identification of key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analysis of challenges and risks impacting the Waste To Energy Global Market Report 2025.
- Competitive Developments: Scrutiny of competitive developments such as expansions, agreements, and new product launches in the market.
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