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Waste to Energy Market by Technology (Thermal and Biological) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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EN_172195
Pages: 210
Jun 2017 | 4057 Views
 
Author's : Sumiran Satsangi
Tables: 122
Charts: 28
 

Waste To Energy Market Overview:

Global Waste To Energy Market was valued at $32,567 million in 2016, and is expected to reach $54,179 million by 2023, registering a CAGR of 7.6% from 2017 to 2023. Waste to energy is the process of energy generation from the primary treatment of waste. Waste to energy produce electricity or heat directly by combustion. It also produces combustible fuel commodities such as methanol, methane, synthetic fuels or ethanol.

The global waste to energy market is segmented based on technology, and geography. Based on technology, it is divided into thermal and biological. Thermal segment is further classified into incineration, pyrolysis and gasification. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Waste to Energy Industry Segmentation

Waste to Energy Industry Segmentation

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 Segment Review

The thermal segment dominated the global market in 2016, and is anticipated to maintain its dominance throughout the forecast period, growing at a CAGR of 7.5%. Since ease in the process of combustion through thermal technology as well as increasing developments in gasification and incineration technologies are some major factors driving the global waste to energy market. In addition, support from the governments of various economies to promote biological technology further drives the market growth.

Waste to Energy Market Share, by Thermal Technology, 2016 (%)

Waste to Energy Market Share, by Thermal Technology, 2016 (%)
 

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Geography Review

Europe accounted for highest share of the total revenue in 2016, followed by Asia-Pacific and North America. The developing countries in Europe are anticipated to register steady growth rate, owing to increase in growth of the overall economy. Moreover, rise in investments by key manufacturers is another key aspect that fuels the market growth.

Spain Waste to Energy Market Value, 2016-2023 ($Million)

Spain waste to energy market value, 2016-2023 ($Million)
 

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Key players have economically invested heavily in R&D activities to develop advanced products to cater to the requirements of the market. These players operating in the industry include Waste Management Inc., Suez Environment S.A., C&G Environmental Protection Holdings, Constructions industrielles de la Méditerranée (CNIM), China Everbright International Limited, Covanta Energy Corporation, Foster Wheeler A.G., Abu Dhabi National Energy Company PJSC, Babcock & Wilcox Enterprises, Inc., and Veolia Environment.

The other players in the value chain (profiles not included in the report) include Wheelabrator, Hitachi Zosen, Keppel Seghers, China Everbright International, Xcel Energy, Plasco Energy and Green Conversion Systems among others.

Key Benefits

  • The report provides extensive qualitative & quantitative analysis of the current trends and future estimations of the global waste to energy market from 2016 to 2023 to determine the prevailing opportunities.
  • It offers comprehensive analysis of key regions, such as North America, Europe, Asia-Pacific, and LAMEA, to understand the regional trends.
  • In-depth analysis of factors that drive and restrict the growth of the market is provided.
  • Extensive analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
  • It offers key insights on strategic analysis of various companies and the value chain analysis of waste to energy.

Waste to Energy Market Key Segments:

By Technology

  • Thermal
    • Incineration
    • Pyrolysis
    • Gasification
  • Biological

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Australia
    • Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • South Africa
    • Rest of LAMEA
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Increasing demand for conventional sources of energy
3.4.1.2. Increase in investments by governments and regulatory bodies

3.4.2. Restraints

3.4.2.1. Undefined regulatory guidelines
3.4.2.2. High initial costs

3.4.3. Opportunity

3.4.3.1. Increasing awareness in Asia Pacific and Latin America

3.4. MARKET SHARE ANALYSIS, 2016 (%)

Chapter: 4. GLOBAL WASTE TO ENERGY MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. THERMAL

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast
4.2.3. Incineration
4.2.4. Pyrolysis
4.2.5. Gasification

4.3. BIOLOGICAL

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

Chapter: 5. GLOBAL WASTE TO ENERGY MARKET, BY GEOGRAPHY

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. NORTH AMERICA

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast
5.2.3. U.S.

5.2.3.1. Market size and forecast, by Type

5.2.4. Canada

5.2.4.1. Market size and forecast, by Type

5.2.5. Mexico

5.2.5.1. Market size and forecast, by Type

5.3. EUROPE

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast
5.3.3. Germany

5.3.3.1. Market size and forecast, by Type

5.3.4. France

5.3.4.1. Market size and forecast, by Type

5.3.5. UK

5.3.5.1. Market size and forecast, by Type

5.3.6. Spain

5.3.6.1. Market size and forecast, by Type

5.3.7. Italy

5.3.7.1. Market size and forecast, by Type

5.3.8. Rest of Europe

5.3.8.1. Market size and forecast, by Type

5.4. ASIA-PACIFIC

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast
5.4.3. India

5.4.3.1. Market size and forecast, by Type

5.4.4. China

5.4.4.1. Market size and forecast, by Type

5.4.5. Japan

5.4.5.1. Market size and forecast, by Type

5.4.6. Australia

5.4.6.1. Market size and forecast, by Type

5.4.7. Korea

5.4.7.1. Market size and forecast, by Type

5.4.8. Rest of Asia-Pacific

5.4.8.1. Market size and forecast, by Type

5.5. LAMEA

5.5.1. Key Market Trends, Growth Factors and Opportunities
5.5.2. Market Size and Forecast
5.5.3. Brazil

5.5.3.1. Market size and forecast, by Type

5.5.4. KSA

5.5.4.1. Market size and forecast, by Type

5.5.5. South Africa

5.5.5.1. Market size and forecast, by Type

5.5.6. Rest of LAMEA

5.5.6.1. Market size and forecast, by Type

Chapter: 6. COMPANY PROFILES

6.1. WASTE MANAGEMENT INC.

6.1.1. Company Overview
6.1.2. Company Snapshot
6.1.3. Operating Business Segments
6.1.4. Business Performance
6.1.5. Key Strategic Moves and Developments

6.2. SUEZ ENVIRONMENT SA

6.2.1. Company Overview
6.2.2. Company Snapshot
6.2.3. Operating Business Segments
6.2.4. Business Performance
6.2.5. Key Strategic Moves and Developments

6.3. C&G ENVIRONMENTAL PROTECTION HOLDINGS

6.3.1. Company Overview
6.3.2. Company Snapshot
6.3.3. Operating Business Segments
6.3.4. Business Performance
6.3.5. Key Strategic Moves and Developments

6.4. CONSTRUCTIONS INDUSTRIELLES DE LA MÉDITERRANÉE (CNIM)

6.4.1. Company Overview
6.4.2. Company Snapshot
6.4.3. Operating Business Segments
6.4.4. Business Performance
6.4.5. Key Strategic Moves and Developments

6.5. CHINA EVERBRIGHT INTERNATIONAL LIMITED

6.5.1. Company Overview
6.5.2. Company Snapshot
6.5.3. Operating Business Segments
6.5.4. Business Performance
6.5.5. Key Strategic Moves and Developments

6.6. COVANTA ENERGY CORPORATION

6.6.1. Company Overview
6.6.2. Company Snapshot
6.6.3. Operating Business Segments
6.6.4. Business Performance
6.6.5. Key Strategic Moves and Developments

6.7. FOSTER WHEELER AG

6.7.1. Company Overview
6.7.2. Company Snapshot
6.7.3. Operating Business Segments
6.7.4. Business Performance
6.7.5. Key Strategic Moves and Developments

6.8. ABU DHABI NATIONAL ENERGY COMPANY PJSC

6.8.1. Company Overview
6.8.2. Company Snapshot
6.8.3. Operating Business Segments
6.8.4. Business Performance
6.8.5. Key Strategic Moves and Developments

6.9. BABCOCK & WILCOX ENTERPRISES, INC.

6.9.1. Company Overview
6.9.2. Company Snapshot
6.9.3. Operating Business Segments
6.9.4. Business Performance
6.9.5. Key Strategic Moves and Developments

6.10. VEOLIA ENVIRONMENT INC.

6.10.1. Company Overview
6.10.2. Company Snapshot
6.10.3. Operating Business Segments
6.10.4. Business Performance
6.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 3. GLOBAL THERMAL WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL THERMAL WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 5. GLOBAL BIOLOGICAL WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 6. GLOBAL BIOLOGICAL WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 7. GLOBAL PYROLYSIS WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 8. GLOBAL PYROLYSIS WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 9. GLOBAL INCINERATION WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL INCINERATION WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 11. GLOBAL GASIFICATION WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 12. GLOBAL GASIFICATION WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 13. GLOBAL WASTE TO ENERGY MARKET VALUE, BY REGION, 2016-2023 ($MILLION)
TABLE 14. GLOBAL WASTE TO ENERGY MARKET VOLUME, BY REGION, 2016-2023 (GIGAWATTS)
TABLE 15. NORTH AMERICA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 16. NORTH AMERICA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 17. NORTH AMERICA WASTE TO ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 18. NORTH AMERICA WASTE TO ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (GIGAWATTS)
TABLE 19. U.S. WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 20. U.S. WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 21. CANADA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 22. CANADA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 23. MEXICO WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 24. MEXICO WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 25. EUROPE WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 26. EUROPE WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 27. EUROPE WASTE TO ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. EUROPE WASTE TO ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (GIGAWATTS)
TABLE 29. FRANCE WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 30. FRANCE WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 31. GERMANY WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 32. GERMANY WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 33. UK WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 34. UK WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 35. SPAIN WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 36. SPAIN WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 37. ITALY WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 38. ITALY WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 39. REST OF EUROPE WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 40. REST OF EUROPE WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 41. ASIA-PACIFIC WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 42. ASIA-PACIFIC WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 43. ASIA-PACIFIC WASTE TO ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 44. ASIA-PACIFIC WASTE TO ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (GIGAWATTS)
TABLE 45. INDIA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 46. INDIA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 47. CHINA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 48. CHINA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 49. JAPAN WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 50. JAPAN WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 51. KOREA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 52. KOREA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 53. AUSTRALIA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 54. AUSTRALIA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 55. REST OF ASIA-PACIFIC WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 56. REST OF ASIA-PACIFIC WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 57. LAMEA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 58. LAMEA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 59. LAMEA WASTE TO ENERGY MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 60. LAMEA WASTE TO ENERGY MARKET VOLUME, BY COUNTRY, 2016-2023 (GIGAWATTS)
TABLE 61. BRAZIL WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 62. BRAZIL WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 63. KSA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 64. KSA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 65. SOUTH AFRICA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 66. SOUTH AFRICA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 67. REST OF LAMEA WASTE TO ENERGY MARKET VALUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 68. REST OF LAMEA WASTE TO ENERGY MARKET VOLUME, BY TYPE, 2016-2023 (GIGAWATTS)
TABLE 69. WASTE MANAGEMENT INC.: COMPANY SNAPSHOT
TABLE 70. WASTE MANAGEMENT INC.: OPERATING SEGMENTS
TABLE 71. SUEZ ENVIRONMENT SA: COMPANY SNAPSHOT
TABLE 72. SUEZ ENVIRONMENT SA: OPERATING SEGMENTS
TABLE 73. C&G ENVIRONMENTAL PROTECTION HOLDINGS: COMPANY SNAPSHOT
TABLE 74. C&G ENVIRONMENTAL PROTECTION HOLDINGS: OPERATING SEGMENTS
TABLE 75. CONSTRUCTIONS INDUSTRIELLES DE LA MÉDITERRANÉE (CNIM): COMPANY SNAPSHOT
TABLE 76. CONSTRUCTIONS INDUSTRIELLES DE LA MÉDITERRANÉE (CNIM): OPERATING SEGMENTS
TABLE 77. CHINA EVERBRIGHT INTERNATIONAL LIMITED: COMPANY SNAPSHOT
TABLE 78. CHINA EVERBRIGHT INTERNATIONAL LIMITED: OPERATING SEGMENTS
TABLE 79. COVANTA ENERGY CORPORATION: COMPANY SNAPSHOT
TABLE 80. COVANTA ENERGY CORPORATION: OPERATING SEGMENTS
TABLE 81. FOSTER WHEELER AG: COMPANY SNAPSHOT
TABLE 82. FOSTER WHEELER AG: OPERATING SEGMENTS
TABLE 83. ABU DHABI NATIONAL ENERGY COMPANY PJSC: COMPANY SNAPSHOT
TABLE 84. ABU DHABI NATIONAL ENERGY COMPANY PJSC: OPERATING SEGMENTS
TABLE 85. BABCOCK & WILCOX ENTERPRISES, INC.: COMPANY SNAPSHOT
TABLE 86. BABCOCK & WILCOX ENTERPRISES, INC.: OPERATING SEGMENTS
TABLE 87. VEOLIA ENVIRONMENT INC.: COMPANY SNAPSHOT
TABLE 88. VEOLIA ENVIRONMENT INC.: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL WASTE TO ENERGY MARKET: SEGMENTATION
FIGURE 2. GLOBAL WASTE TO ENERGY MARKET SHARE, BY TYPE, 2016 (%)
FIGURE 3. TOP INVESTMENT POCKETS, BY TYPE
FIGURE 4. TOP WINNING STRATEGIES
FIGURE 5. BARGAINING POWER OF SUPPLIERS
FIGURE 6. BARGAINING POWER OF BUYERS
FIGURE 7. THREAT OF NEW ENTRANTS
FIGURE 8. THREAT OF SUBSTITUTES
FIGURE 9. COMPETITIVE RIVALRY
FIGURE 10. U.S. WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 11. CANADA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 12. MEXICO WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 13. FRANCE WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 14. GERMANY WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 15. UK WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 16. SPAIN WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 17. ITALY WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 18. REST OF EUROPE WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 19. INDIA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 20. CHINA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. JAPAN WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. KOREA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. AUSTRALIA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. REST OF ASIA-PACIFIC WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. BRAZIL WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. KSA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 27. SOUTH AFRICA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 28. REST OF LAMEA WASTE TO ENERGY MARKET VALUE, 2016-2023 ($MILLION)

 

Waste to energy (WtE) involves generation of power from trash as a fuel, similar to other electric power plants employing oil, coal, or natural gas as substitutes. The fuel burns and produces heat to convert water into steam, which drives the turbine to generate electricity. The process is expected to minimize a community’s landfill volume by approximately 90%, and prevent one ton of carbon dioxide emission from every ton of waste transformed.

Rise in power consumption, owing to rapid industrialization, accompanied by increase in focus to derive energy through renewable sources are some major factors anticipated to drive the global waste to energy market. Moreover, increase in investments by governments, especially in the developing countries, such as China and India; rapid urbanization; and rise in consumer spending capabilities drive the global market growth.

The European waste to energy market offers numerous opportunities for the manufacturers, owing to introduction and adoption of enhanced technologies in Germany, France, and UK and increase in number of waste to energy service providers. In addition, increase in demand for efficient and cost-effective techniques of electricity generation, and rise in disposable income in the developing economies, such as Poland, Russia, and Netherlands, drive the European market. Asia-Pacific is estimated to account for the second highest market share, followed by North America.

 

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