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Waste to Energy (WTE) Market to Increase at Steady Growth Rate by 2016-2024

03-17-2017 11:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ZMR

Waste to Energy (WTE) Market to Increase at Steady Growth Rate

Zion Market Research, the market research group announced the analysis report titled "Waste to Energy (WTE) Market: Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021"

The process of generating energy in the form of electricity and/or heat from the primary treatment of waste is called as waste-to-energy. It is also known as energy-from-waste. Waste-to-energy can be called as a form of energy recovery process. Most of the waste-to-energy processes produce electricity and heat directly through combustion or produce combustible fuel commodities such as methane, methanol, ethanol, or synthetic fuels. Presently, the most common waste-to-energy implementation is incineration. It is the combustion of organic materials such as waste with energy recovery. Apart from incineration, other waste-to-energy technologies are thermal technologies and non-thermal technologies. Thermal technologies include gasification, thermal depolymerization, pyrolysis, and plasma arc gasification process. Non-thermal technologies include anaerobic digestion, fermentation production, and mechanical biological treatment.

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Growing power consumption owing to rapid industrialization along with increasing focus to derive energy from renewable resources is driving the growth of waste to energy market globally. Factors such as the establishment of Public-Private Partnerships (PPP) to fund the projects and following of strict timelines may improve waste management systems by making them adopt alternative renewable source to generate energy from waste. This, in turn, increases the demand for waste-to-energy market globally. Regulatory compliance on waste deposable and treatment techniques in order to reduce GHG emissions are key factors driving the growth of the waste-to-energy market in a positive way. In addition, the shift in trend towards replacing conventional energy generated from fossil fuels with renewable energy to ensure energy security and reduction in carbon emissions are other factors positively impacting the global waste-to-energy market growth. On the other hand, high cost associated with plant infrastructure and installation of expensive components may hinder the global market growth.

On the basis of technology used, the global waste-to-energy market is segmented as thermal and biological. Thermal-based incineration process was the dominant technology implemented for waste to the recovery system. Anaerobic digestion is the commonly used biological technology based process. Its prospects are consistently improving and a continuous capacity expansion is anticipated. Anaerobic digestion is expected to replace composting step for the biodegradable waste treatment.

Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/waste-to-energy-market

Europe is anticipated to witness the highest growth owing to factors such as increased waste production along with regulatory compliance to minimize the overall environmental impact. Further, Asia-Pacific is expected to experience the fastest growth due to factors such as improving economic development and rising disposable incomes. The Asia Pacific waste-to-energy market is being driven by India, China, and Japan.

Major players dominating the global waste-to-energy market are China Everbright International Limited, Veolia Environment, Covanta Energy Corporation, Constructions Industrielles de la Méditerranée (CNIM), Suez Environment S.A., C&G Environmental Protection Holdings, and Waste Management, Inc. Other key players in the global market are Xcel Energy, Green Conversion Systems, Plasco Energy, and Mitsubishi Heavy Industries.

Browse detail report @ https://www.zionmarketresearch.com/report/waste-to-energy-market

Waste to Energy (WTE) Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

Ask for a customized report @ https://www.zionmarketresearch.com/custom/187

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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