The Waste To Energy Global Market Report 2023, provides comprehensive information on the waste to energy market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Waste To Energy Global Market Report 2023, the 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 market size of global waste to energy market is expected to grow to $45.39 billion in 2027 at a CAGR of 6.3%
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Technological advancements are emerged as a key trend gaining popularity in the waste-to-energy market. Major companies operating in the waste-to-energy market are focused on innovating new technologies to sustain their position in the market. For instance, in September 2022, Waste Fuel Solutions, a US-based developer of bio-refineries that are focused on converting municipal solid waste into low-carbon fuels, launched the WasteFuel Methanol technology. The WasteFuel Methanol technology is designed to produce up to 100 metric tons per day of fuel-grade methanol from a variety of waste sources, including landfill gas and biogas from anaerobic digestion. The process is designed in a modular fashion to improve the overall utilization of resources and allow for cost-effective, quick scaling. This technology will be built efficiently where waste is located and will scale production efficiently and rapidly to meet the shipping industry’s growing demand for green methanol.
The 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
Europe was the largest region in the waste to energy market in 2022.
The table of contents in TBRC’s waste to energy market report includes:
1. Executive Summary
2. Waste To Energy Market Characteristics
3. Waste To Energy Market Trends And Strategies
4. Waste To Energy Market – Macro Economic Scenario
5. Waste To Energy Market Size And Growth
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26. Africa Waste To Energy Market
27. Waste To Energy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Waste To Energy Market
29. Waste To Energy Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Abu Dhabi National Energy Company
- Babcock and Wilcox Enterprises Inc
- China Everbright International Limited
- Covanta Holding Corporation
- Suez Environment S.A
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