Waste To Energy Market Analysis: Major Players, Lucrative Industry Segments And Top Geographies
16 May, 2023
The global waste to energy market is expected to grow from $33.32 billion in 2022 to $35.57 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The waste to energy market is expected to grow to $45.39 billion in 2027 at a CAGR of 6.3%.
Global Waste To Energy Market Key Driver
Increasingly efficient waste management is expected to propel the waste-to-energy market forward in the coming years. Efficient waste management entails properly segregating waste at the source and ensuring that the waste passes through various recycling and resource recovery streams. The most effective waste management solution will be a sustainable waste-to-energy method that generates heat that can be used to generate electricity.
Get a sample of the global waste to energy market reportGlobal Waste To Energy Market Segments
The global waste to energy market is segmented:
1) By Waste Type: Municipal Solid Waste, Agricultural Waste, Other Waste Types
2) By Technology: Thermal, Biochemical, Other Technologies
3) By Application: Heat, Electricity
4) By Geography: The regions covered in the waste to energy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Europe accounts for the largest share in the global waste to energy market.
Major Waste To Energy Industry Players
Abu Dhabi National Energy Company, Babcock and Wilcox Enterprises Inc., China Everbright International Limited, Covanta Holding Corporation, Suez Environment S.A., Veolia Environnement S.A., Foster Wheeler AG, Keppel Seghers, C and G Ltd., John Wood Group
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Waste To Energy Market Overview
The waste-to-energy process is a technique that converts municipal solid waste generated by the industrial, commercial, and residential sectors into energy. The energy generated can be used directly by the plant or exported to a local utility or nearby businesses.
Waste To Energy Global Market Report 2023 provides data on the global waste to energy market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The waste to energy market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.