Global Waste-to-Energy Market
-
Product Code:
RP-ID-10064678 -
Published Date:
21 Oct 2022 -
Region:
Global
-
Pages:
227 -
Category:
Energy & Power -
Publisher:
Pub-ID-19
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
....
The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
Translate Report
Description
The Global Waste-to-Energy Market was valued at US$ XX Mn in 2016 and is expected to reach US$ XX Mn by 2022 growing at a CAGR of XX% during the forecast period. With the ever growing population, and the modern lifestyle of the urbanized cities, the level of waste generated globally is going higher day by day. So, there is a concentrated focus on the management of these wastes. Initially, there was a huge reliance on landfills as a waste management strategy. But with awareness, land filling has become more and more expensive and restricted. To find an alternative to this, the focus was on waste incineration. But, with time and advancement in technology, the focus shifted on new cost effective and sustainable technology platforms, in the form of Waste-to-Energy (WtE). Waste-to-energy processes are based on combustion technologies and are highly efficient. Power plants consumethe solid waste as their fuel instead of oil, coal or natural gas.
Market Dynamics
Waste incineration is being implemented by several governments as a waste management approach. But incineration poses several challenges, and a loss of opportunity of waste being a source of energy. This is leading to the emergence of WtE market that is more environmental friendly and cost effective.
The waste management industry is changing its landscape radically.WtE has already gained the status as an important component of integrated waste management strategies, across the globe. Both political and environmental attention is turning towards the development of cost effective and sustainable solutions to this problem.
The ever increasing population, rapid urbanization leading to the generation of great amount of waste, and shortage of landfill spaces along with the high ecological standards drivethe growth of this market globally. Today, even the municipalities from all over the world are implementingWtE plants to take care of the mounting waste being generated.
Restraints and Challenges
Despite being the most efficient method of waste management, it demands high infrastructure and installation costs. This can limit the growth of the market. Apart from this, there have been health concerns because of the emissions from the thermal WtE process. Also, the lack of awareness regarding the benefits of WtE, especially in the developing countries, can be a major challenge for the industry.
Opportunities
The recent trends show that there is a growth of recycling industry across various developed economies such as U.S., Germany, The Netherlands and Japan. This is expected to drive the WtE projects in the near future.
Market Segmentation
Based on Technology:
Thermal
Biological
The thermal segment commandsthe largest share and is anextensively used form of energy generation through waste. It is relatively a simple process compared to the biological process, which drives the thermal WtE technology growth.
Regional/Geographic Analysis
Europe led the global market in2015. The region is projected to grow at a decent rate over the forecast period. Strict government regulation to minimize the industrial waste is expected to boost the growth in the region. Asia Pacific is expected to command the second largest share of the industry. Countries like China and India bear a great potential for growth due to increasing industrial and residential waste.
Key Players
Key players operating in this industry include Abu Dhabi National Energy Company PJSC, Covanta Energy Corp., Foster Wheeler A.G., Constructions Industrielles de la Mediterranee., Babcock & Wilcox Enterprises, Inc.,and Xcel Energy Inc.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
.