Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Waste to Energy (WTE) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.35% during the review period (2022 to 2027).
the global waste-to-energy market due to reduced investments in new projects caused by a global economic slowdown. The market is expected to revive toward the latter part of the forecast period after the global economy's revival.In addition to this, an increasing amount of waste generation and growing concern for waste management to meet the need for sustainable urban living, and increasing focus on non-fossil fuel sources of energy are driving the demand for the waste-to-energy market. The market growth is expected to be restrained by the expensive nature of incinerators, particularly as energy prices decline and several plants are unable to cover operating costs.
The Waste to Energy (WTE) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market include Sanfeng Covanta, China Everbright, Tianjin Teda, Grandblue, Shanghai Environmental, Shenzhen Energy, Mitsubishi Heavy Industries Ltd, Waste Management Inc., A2A SpA, Veolia Environnement SA, Hitachi Zosen Corp and Others.
Recent Development:
Grand Blue Dreaming Manga Goes on 1-Month Hiatus Due to Creator's Hospitalization
The June issue of Kodansha's Good! Afternoon magazine revealed on Friday that Kenji Inoue and Kimitake Yoshioka's Grand Blue Dreaming comedy manga will go on hiatus and will return in June, due to one of the creators being hospitalized for a sudden emergency. The announcement notes that the creator is recovering, but did not mention which of the manga's authors was hospitalized, or the cause for the hospitalization.
By Type, it is segmented into
By Applications, it is segmented into
Waste to Energy (WTE) Market Regional Analysis
Asia-Pacific has witnessed significant development in the waste-to-energy industry in the past few years. It has dominated the market across the world with increasing efforts taken by the government in adopting better MSW management practices, providing incentives for waste-to-energy projects in the form of capital subsidies and feed-in tariffs, and providing financial support for R&D projects on a cost-sharing basis.
Due to economic development and rapid urbanization in China, the generation of municipal solid waste (MSW) has been increasing rapidly. Therefore, the effective disposal of municipal solid waste has become a serious environmental challenge in China.Japan has been one of the leading markets for waste-to-energy in Asia-Pacific. The country’s waste-to-energy market is driven by efficient solid waste management and financial support for waste-to-energy projects from both national and local governments.India, China to emerge as key markets for waste to energy generation. Stringent waste management regulations particularly in Europe and in the U.S. coupled with the rise in concern to improve the waste management systems is expected to remain a key driving factor for global waste to energy market.
The Waste to Energy (WTE) market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global Waste to Energy (WTE) market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of Waste to Energy (WTE) positively.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.35% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Sanfeng Covanta, China Everbright, Tianjin Teda, Grandblue, Shanghai Environmental, Shenzhen Energy, Mitsubishi Heavy Industries Ltd, Waste Management Inc., A2A SpA, Veolia Environnement SA, Hitachi Zosen Corp and Others |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Waste to Energy (WTE) Market is studied from 2017 - 2027.
What is the growth rate of Waste to Energy (WTE) Market?
The Waste to Energy (WTE) Market is growing at a CAGR of 7.35% over the next 5 years.
Who are the leading key players in Waste to Energy (WTE) Market?
Sanfeng Covanta, China Everbright, Tianjin Teda, Grandblue, Shanghai Environmental, Shenzhen Energy, Mitsubishi Heavy Industries Ltd, Waste Management Inc., A2A SpA, Veolia Environnement SA, Hitachi Zosen Corp and Others
What regions regions does this Waste to Energy (WTE) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Waste to Energy (WTE) Market?
Thermal Technologies, Biochemical Reactions, Other
What are the significant Applications of Waste to Energy (WTE) Market?
Power Plant, Heating Plant, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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