Apologies, failed to include the sample report in my post earlier. Here it is.
Waste to energy is a technology to utilize waste as a fuel source to generate electricity. This technology can reduce the urban waste by up to 90%. Waste to energy technology contributes to the sustainable practices by producing clean energy and reducing the disposal or landfilling of waste.
Global waste to energy market is accounted for a market value of USD xx billion in 2017, and is expected to grow at a CAGR of 5.5% to reach USD 31 billion by 2025.
Global waste to energy market value, 2016 to 2025 (in USD billion)
Year Market Value
2016 19.54
2017 20.48
2018 21.48
2025 31.01
Global waste to energy market dynamics:
Growing economy, rapid urbanization and industrialization which will contribute to the higher municipal solid waste that drive the growth of waste to energy market in coming years. Globally, an estimate of more than 6 million tons of waste per day is expected by 2025.
Complex design considerations for waste treatment and air pollution treatment are the key restraints that hampering the market growth.
Global waste to energy market is segmented by technology and waste/ fuel type.
By technology the market is segmented in to thermal and biological. Biological segment is expected to have major growth in the forecast period with increasing effectiveness in conversion of waste to fuel and energy with reduced greenhouse gas emissions. By fuel type the market is segmented as solid waste, liquid waste and gaseous waste. Solid waste is accounted for the major share in the market with growing urbanization trends and increasing municipal solid waste in recent years.
Global waste to energy market - geographical analysis:
By Geography the market is segmented in to Americas, Europe, Asia Pacific and rest of the World. Europe is accounted for the major share in the global waste to energy market and is supported by well-developed municipal solid waste management for disposal or for treatment. Asia pacific region is expected to post strong growth in the coming years with increasing waste generation and investments for waste management and utilization in energy generation. China produces about 300 million tons of Municipal solid waste per annum and is expected to reach 500 million tons by 2025, thus this increase in municipal waste will offer further more opportunities for Waste to Energy market in the coming years.
Global waste to energy market share, by region, 2017
Region Share
Americas 30%
Europe 35%
Asia Pacific 25%
RoW 10%
Global waste to energy market - Competitive landscape:
The key players in the waste to energy market are Covanta Energy, China Everbright, and others. Market players are developing new technologies for waste management and energy conversion to be competitive in the market.
For instance, in November 2018, Graforce has launched new technology called Plasmalysis to generate hydrogen from industrial waste water, further mixing with biogas produces hydrogenenriched compressed natural gas (HCNG), which is a cost effective ecofriendly fuel for generation of electricity.
