Waste to Energy Market Growth, Analysis, Overview Highlighting Major Drivers, Share, Company Profiles and Forecast by 2027
Favorable regulatory policies of the government, the increasing amount of waste generated, and rising demand for electricity in the developing economies are driving the demand of the market.
The rising adoption of the renewable sources of energy among the industrial and transportation sectors is expected to drive the growth of the waste to energy market. The increasing need for sustainable urban living and minimization of the dependency on fossil-fuel power generation is projected to fuel the system’s demand over the forecast period.
The Global Waste to Energy Market Report, published by Emergen Research, comes with an exhaustive analysis of the major segments of the global Waste to Energy market and estimates the overall market growth over the forecast timeline of 2020-2027. The latest research report can be viewed as a valuable source of viable data and information pertaining to this particular business vertical. It provides a complete overview of the Waste to Energy industry, considering the future growth analysis, demand, and supply graphs, as well as historical and future costs and revenue generation.
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The pandemic has substantially contributed to the downturn of the Waste to Energy industry, which has been left financially beleaguered since the beginning of the COVID-19 lockdown. Hence, the report highlights the financial obstacles that have slowed the progress of numerous businesses in this sector and disrupted the supply chains.
Geographical Terrain of the Global Waste to Energy Market:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, the U.K, Russia, and Italy)
- Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
- Latin America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights From The Report
- In September 2019, Mitsubishi Heavy Industries Thermal Systems, Ltd., a group company of Mitsubishi Heavy Industries Ltd., entered into a joint venture with State Grid Energy Conservation Service Co., to perform services of technical consulting for energy conservation investment projects in China.
- The thermal technology held the largest market share of 52.1% in 2019 due to the increasing development in the gasification and incineration technologies.
- Incineration thermal technology is a key contributor to the growth of the thermal technology segment. It reduces the quantity of waste in landfills, prevents the production of methane gas from the landfills, and generates energy from waste. For example, countries with cold weather, like Sweden, generate 8% of their heating needs from waste incinerators.
- The biological segment is forecasted to grow with the fastest CAGR of 5.8% over the forecast period due to the increasing demand for cleaner energy sources and the growing environmental concerns.
The report draws focus on the present economic situations, with an emphasis on the item value, benefit, limit, generation, supply, and market development rate. Additionally, the report includes a SWOT analysis, venture return investigation, and speculation attainability investigation.
Taking into account the existing market development factors, historical events, and recent market trends, the study presents a balanced opinion on the future scenario of the global Waste to Energy market. It thus supports its opinion by discussing the key corporate strategies, such as mergers & acquisitions, takeovers, joint ventures, and strategic alliances, used by the market players to strengthen their global footprint.
Key participants include Suez, Hitachi Zosen Inova AG, China Everbright International Limited, Covanta, Waste Management Inc., Veolia, Mitsubishi Heavy Industries Ltd, Xcel Energy Inc., Ramboll Group A/S, and Babcock & Wilcox Enterprises, Inc., among others.
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Our analysts have performed an accurate examination of the various aspects of the global market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter’s Five Forces Analysis. The report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the global Waste to Energy market.
The latest research report specializes in the in-depth analysis of the macroeconomic and microeconomic factors affecting the global Waste to Energy market development. The report also concentrates on the regulatory framework that is shaping the future of the global market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report.
Emergen Research has segmented the global Waste to Energy Market on the basis of Technology, and region:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Biological Technology
- Biogas Plants
- Landfill Gas
- Thermal Technology
- Physical Technology
- Biological Technology
The latest report elaborates on the current COVID-19 impact on the global economy, as well as this specific business vertical, with an in-depth analysis of the present and future effects of the outbreak. Our analysts speculate that the Waste to Energy market will regain traction in the post-COVID-19 market situation.
Analytical Tools Analysis: The report discusses the leading market participants and their market scope, leveraging various analytical tools. Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis, are some of the analytical tools used by researchers for this market study.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Waste to Energy Market Segmentation & Impact Analysis
4.1. Waste to Energy Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Increasing demand of electricity
18.104.22.168. Rising adoption of renewable sources of energy
22.214.171.124. Favorable regulatory policies
126.96.36.199. Increasing initiatives of the government to reduce carbon emissions
188.8.131.52. Increasing technological advancements of the renewable energy sources
4.2.3. Market restraints analysis
184.108.40.206. Lack of commercialization of Waste to Energy technology
220.127.116.11. Increasing focus on recycling of the waste materials
18.104.22.168. Expensive installation cost of the Incineration
22.214.171.124. Increasing amount of toxic emissions generated by burning waste
126.96.36.199. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Waste to Energy Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Material Dynamics & Market Share, 2019 & 2027
5.1.1. Biological Technology
188.8.131.52. Biogas Plants
184.108.40.206. Landfill Gas
5.1.2. Thermal Technology
5.1.3. Physical Technology
The report aims to answer the most common queries related to the global Waste to Energy market:
- What is the scope of innovation in the current market landscape?
- What are the current trends dictating global market growth?
- What is the projected value of the market in 2027?
- Which regional market is expected to witness the highest CAGR during the forecast period?
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