Waste to Energy Market Size, Share, and Analysis, By Technology (Thermal and Biological), By Form (Steam, Electricity, and Hot Water), By Application (Treatment of Waste, Reduction of Waste Volume, and Generation of Energy), By Waste Type (Municipal Solid Waste and Industrial Waste), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Waste t%li%Energy Market Size, Share, and Analysis, By Technology (Thermal and Biological), By Form (Steam, Electricity, and Hot Water), By Application (Treatment of Waste, Reduction of Waste Volume, and Generation of Energy), By Waste Type (Municipal Solid Waste and Industrial Waste), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Waste t%li%Energy Market is projected t%li%exhibit a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 41.3 billion and is projected t%li%reach USD 82.6 billion by the completion of 2034.
Waste t%li%Energy is a sustainable process that transforms waste materials int%li%usable energy forms like electricity, heat, or fuel. This process produces useful energy resources and efficiently reduces the amount of waste dumped in landfills. Solid waste, such as municipal or industrial waste, is burned in incinerators t%li%generate heat. This heat is then utilized t%li%power turbines for electricity generation or for direct heating applications. Alternatively, biodegradable waste can further underg%li%anaerobic digestion t%li%produce biogas, which is a renewable energy source. Waste t%li%energy process makes a major contribution t%li%sustainable waste management by reducing greenhouse gas emissions, which lowers the dependence on fossil fuels and provide a renewable energy source. However, strict management is needed t%li%address concerns about air pollution and maintain environmental sustainability. Therefore, Waste t%li%Energy is a significant component in the search for sustainable energy solutions and waste management methods.
MARKET HIGHLIGHTS
Waste t%li%Energy Market is expected t%li%reach USD 82.6 billion during the forecast period, owing t%li%the increasing environmental awareness and the need for sustainable waste management strategies. The growth of waste t%li%energy market is attributed t%li%factors such as urbanization, rise in population, and strict governmental norms which are aimed at reducing landfill waste and greenhouse gas emissions. Moreover, innovations in technology like better incineration and anaerobic digestion techniques, further pushes for the global adoption of waste t%li%energy procedures. Besides, high investments in renewable energy infrastructure and several initiatives t%li%promote clean energy sources help in improving the momentum of market. Consequently, with a growing focus on sustainable development objectives, the future outlook for the waste t%li%energy market is promising due t%li%several opportunities for expansion and innovation.
Waste t%li%Energy Market Segments:
Growth Drivers
Rising Environmental Awareness Will Drive the Growth of Waste t%li%Energy Market
Stringent Waste Management Regulations Will Promote Market Expansion
Restraint
High Initial Investment Costs Could Restrict the Market Growth
Key Players
PRODUCT OVERVIEW
Waste t%li%Energy Market is projected t%li%exhibit a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 41.3 billion and is projected t%li%reach USD 82.6 billion by the completion of 2034.
Waste t%li%Energy is a sustainable process that transforms waste materials int%li%usable energy forms like electricity, heat, or fuel. This process produces useful energy resources and efficiently reduces the amount of waste dumped in landfills. Solid waste, such as municipal or industrial waste, is burned in incinerators t%li%generate heat. This heat is then utilized t%li%power turbines for electricity generation or for direct heating applications. Alternatively, biodegradable waste can further underg%li%anaerobic digestion t%li%produce biogas, which is a renewable energy source. Waste t%li%energy process makes a major contribution t%li%sustainable waste management by reducing greenhouse gas emissions, which lowers the dependence on fossil fuels and provide a renewable energy source. However, strict management is needed t%li%address concerns about air pollution and maintain environmental sustainability. Therefore, Waste t%li%Energy is a significant component in the search for sustainable energy solutions and waste management methods.
MARKET HIGHLIGHTS
Waste t%li%Energy Market is expected t%li%reach USD 82.6 billion during the forecast period, owing t%li%the increasing environmental awareness and the need for sustainable waste management strategies. The growth of waste t%li%energy market is attributed t%li%factors such as urbanization, rise in population, and strict governmental norms which are aimed at reducing landfill waste and greenhouse gas emissions. Moreover, innovations in technology like better incineration and anaerobic digestion techniques, further pushes for the global adoption of waste t%li%energy procedures. Besides, high investments in renewable energy infrastructure and several initiatives t%li%promote clean energy sources help in improving the momentum of market. Consequently, with a growing focus on sustainable development objectives, the future outlook for the waste t%li%energy market is promising due t%li%several opportunities for expansion and innovation.
Waste t%li%Energy Market Segments:
- By Technology
- Thermal
- Biological
- By Form
- Steam
- Electricity
- Hot Water
- By Application
- Treatment of Waste
- Reduction of Waste Volume
- Generation of Energy
- By Waste Type
- Municipal Solid Waste
- Industrial Waste
Growth Drivers
Rising Environmental Awareness Will Drive the Growth of Waste t%li%Energy Market
Stringent Waste Management Regulations Will Promote Market Expansion
Restraint
High Initial Investment Costs Could Restrict the Market Growth
Key Players
- Covanta
- Veolia
- Suez
- Waste Management Inc.
- Hitachi Zosen Corporation
- Babcock & Wilcox Enterprises, Inc.
- Keppel Seghers
- Wheelabrator Technologies Inc.
- Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.
- China Everbright International Limited
- Nov%li%Energy LLC
- Martin GmbH
- Ec%li%Green Energy
- CNIM
- KEPPEL DHCS PTE LTD
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2.Business Trends
1.3. Global Waste to Energy Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Global Waste to Energy Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.GLOBAL WASTE TO ENERGY MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.GLOBAL WASTE TO ENERGY MARKET
10.1.Overview
10.2. Historical Analysis (2018-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. GLOBAL WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Technology
11.3.1.1. Thermal
11.3.1.1.1.By Value (USD Million) 2024A-2034F
11.3.1.1.2. Market Share (%) 2024A-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024A-2034F
11.3.1.2.Biological
11.3.1.2.1. By Value (USD Million) 2024A-2034F
11.3.1.2.2.Market Share (%) 2024A-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2. By Form
11.3.2.1.Steam
11.3.2.1.1. By Value (USD Million) 2024A-2034F
11.3.2.1.2.Market Share (%) 2024A-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2.2. Electricity
11.3.2.2.1.By Value (USD Million) 2024A-2034F
11.3.2.2.2. Market Share (%) 2024A-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.3. Hot Water
11.3.2.3.1.By Value (USD Million) 2024A-2034F
11.3.2.3.2. Market Share (%) 2024A-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024A-2034F
11.3.3.By Application
11.3.3.1.Treatment of Waste
11.3.3.1.1. By Value (USD Million) 2024A-2034F
11.3.3.1.2.Market Share (%) 2024A-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.3.2. Reduction of Waste Volume
11.3.3.2.1.By Value (USD Million) 2024A-2034F
11.3.3.2.2. Market Share (%) 2024A-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024A-2034F
11.3.3.3. Generation of Energy
11.3.3.3.1.By Value (USD Million) 2024A-2034F
11.3.3.3.2. Market Share (%) 2024A-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024A-2034F
11.3.4.By Waste Type
11.3.4.1.Municipal Solid Waste
11.3.4.1.1. By Value (USD Million) 2024A-2034F
11.3.4.1.2.Market Share (%) 2024A-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.4.2. Industrial Waste
11.3.4.2.1.By Value (USD Million) 2024A-2034F
11.3.4.2.2. Market Share (%) 2024A-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024A-2034F
12.NORTH AMERICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Technology
12.3.2. By Form
12.3.3. By Application
12.3.4. By Waste Type
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Technology
13.3.2. By Form
13.3.3. By Application
13.3.4. By Waste Type
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Technology
14.3.2. By Form
14.3.3. By Application
14.3.4. By Waste Type
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Technology
15.3.2. By Form
15.3.3. By Application
15.3.4. By Waste Type
15.4.Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Technology
16.3.2. By Form
16.3.3. By Application
16.3.4. By Waste Type
16.4.Country
16.4.1.Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Covanta
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.2. Veolia
18.3. Suez
18.4. Waste Management Inc.
18.5. Hitachi Zosen Corporation
18.6. Babcock & Wilcox Enterprises, Inc.
18.7. Keppel Seghers
18.8. Wheelabrator Technologies Inc.
18.9. Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.
18.10.China Everbright International Limited
18.11.Novo Energy LLC
18.12. Martin GmbH
18.13. Eco Green Energy
18.14.CNIM
18.15. KEPPEL DHCS PTE LTD
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Global Waste to Energy Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1.Market Definition
3.2.Global Waste to Energy Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.GLOBAL WASTE TO ENERGY MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7. MARKET DYNAMICS
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.RISK ANALYSIS
9. MARKET ANALYSIS
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.GLOBAL WASTE TO ENERGY MARKET
10.1.Overview
10.2. Historical Analysis (2018-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. GLOBAL WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Technology
11.3.1.1. Thermal
11.3.1.1.1.By Value (USD Million) 2024A-2034F
11.3.1.1.2. Market Share (%) 2024A-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024A-2034F
11.3.1.2.Biological
11.3.1.2.1. By Value (USD Million) 2024A-2034F
11.3.1.2.2.Market Share (%) 2024A-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2. By Form
11.3.2.1.Steam
11.3.2.1.1. By Value (USD Million) 2024A-2034F
11.3.2.1.2.Market Share (%) 2024A-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2.2. Electricity
11.3.2.2.1.By Value (USD Million) 2024A-2034F
11.3.2.2.2. Market Share (%) 2024A-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.3. Hot Water
11.3.2.3.1.By Value (USD Million) 2024A-2034F
11.3.2.3.2. Market Share (%) 2024A-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024A-2034F
11.3.3.By Application
11.3.3.1.Treatment of Waste
11.3.3.1.1. By Value (USD Million) 2024A-2034F
11.3.3.1.2.Market Share (%) 2024A-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.3.2. Reduction of Waste Volume
11.3.3.2.1.By Value (USD Million) 2024A-2034F
11.3.3.2.2. Market Share (%) 2024A-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024A-2034F
11.3.3.3. Generation of Energy
11.3.3.3.1.By Value (USD Million) 2024A-2034F
11.3.3.3.2. Market Share (%) 2024A-2034F
11.3.3.3.3. Y-o-Y Growth (%) 2024A-2034F
11.3.4.By Waste Type
11.3.4.1.Municipal Solid Waste
11.3.4.1.1. By Value (USD Million) 2024A-2034F
11.3.4.1.2.Market Share (%) 2024A-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.4.2. Industrial Waste
11.3.4.2.1.By Value (USD Million) 2024A-2034F
11.3.4.2.2. Market Share (%) 2024A-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024A-2034F
12.NORTH AMERICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Technology
12.3.2. By Form
12.3.3. By Application
12.3.4. By Waste Type
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Technology
13.3.2. By Form
13.3.3. By Application
13.3.4. By Waste Type
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.ASIA-PACIFIC WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Technology
14.3.2. By Form
14.3.3. By Application
14.3.4. By Waste Type
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.MIDDLE EAST AND AFRICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Technology
15.3.2. By Form
15.3.3. By Application
15.3.4. By Waste Type
15.4.Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA WASTE TO ENERGY MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Technology
16.3.2. By Form
16.3.3. By Application
16.3.4. By Waste Type
16.4.Country
16.4.1.Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Covanta
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.2. Veolia
18.3. Suez
18.4. Waste Management Inc.
18.5. Hitachi Zosen Corporation
18.6. Babcock & Wilcox Enterprises, Inc.
18.7. Keppel Seghers
18.8. Wheelabrator Technologies Inc.
18.9. Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.
18.10.China Everbright International Limited
18.11.Novo Energy LLC
18.12. Martin GmbH
18.13. Eco Green Energy
18.14.CNIM
18.15. KEPPEL DHCS PTE LTD
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
