Press release
Waste to Energy (WTE) Market 2018-Way To Generate Energy In The Form Of Electricity And Heat
Fast change in consumption pattern and lifestyle of the population, along with relocation of the people to urban areas are generating urban waste accumulation, demanding for a better infrastructure for its safe disposal and reuse. Various organizations or energy-producing companies have invested into waste to energy market by organizing their facilities. Various types of waste that can be used in the waste to energy market including utilization of semi-solid waste discharged from the manufacturing plants, liquid waste like residential sewage and gaseous waste produced in refinery.
Market Overview
Waste to energy (WTE) is the procedure of utilizing waste to generate electricity or energy. Various technologies are being used to produce energy from waste source such as, municipal and domestic waste. Energy produced from the process can be in form of fuel, electricity, or heat. The Waste o energy management is considered as a major part of the waste disposal structure of any nation as it comes under renewable energy sources. The waste to energy market refers to electricity produced with usage of waste sources.
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Top Industry Player’s
The rising technological advancements is anticipated to drive the Asia Pacific market for Waste to Energy in the future years.
The major companies that are involved in Waste to Energy are C&G Environmental Protection Holdings Ltd., The Babcock & Wilcox Company, China Everbrite International Limited, Suez Environment S.A, Waste Management Inc., Xcel Energy, Foster Wheeler AG and Veolia Environment.
Market Segments
Waste to energy market can be bifurcated on the basis of technology used, as thermal and biological. Thermal technology can be further segmented on the basis of combustion (excess oxygen), oxygen used in the process, pyrolysis (no oxygen).And gasification (partial oxygen). Biological process can be used in a procedure where anaerobic decomposition of the solid waste is required. In Asia Pacific, ignition is the most commonly used process in waste to energy market. Fire cuts the cost required in the conveyance of waste to landfills. It has been observed a significant growth in the production of municipal and industrial waste, challenging innovation in current waste to energy management technologies.
Geographically, the Waste to Energy market has been bifurcated into five regions North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The Waste to Energy market size and forecast period for each region has been estimated from 2017 to 2023.Additionally the CAGR (%) for the forecasted period 2017 to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K., Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil.
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The detailed analysis by technology and regions supports in evaluating the present scenario, growth prospects and the future scenario for the Waste to Energy market over the forecast period. Thus, the report delivers in-depth segment analysis of the market and classifies it into various industries, thereby providing valuable perceptions.
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