Waste-To-Energy Market - Trends Forecast Till 2028

Waste-To-Energy Market, By Technology (Thermal (Incineration, Prolysis and Gasification)), Biological), Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: May, 2020

Base Year Estimate: 2019

Report ID: D-EN-WTEM-10

Format:  

Number of Pages: 276

Domain: Energy

Waste-To-Energy Market – Trends Forecast Till 2028

The global waste-to-energy market is anticipated to reach USD 25.3 billion by 2020 growing at a CAGR of 7.8% during the forecasting period, 2020-2028. Waste-to-energy technologies are capable of converting the energy content of different types of waste into several forms of valuable energy. Power can be produced and disseminated through local and national grid systems. Heat can be generated both at high and low temperatures and then disseminated for district heating purposes or utilized for specific thermodynamic processes. Several types of biofuels can be extracted from the organic fractions of waste, in order to be then refined and sold on the market. Growing population, increased urbanization rates, and economic growth are dramatically changing the landscape of domestic solid waste in terms of generation rates, waste composition, and treatment technologies

Waste-To-Energy Market – Trends Forecast Till 2028

The global waste-to-energy market is segmented into technology and geography

The technology segment is segmented into thermal and biological

On the basis of technology, the thermal segment is expected to dominate the market for the waste-to-energy market during the forecast period 2020-2028

Geographically, the global waste-to-energy market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.

North America region is the largest contributor to the waste-to-energy market in the forecast period 2020-2028

Key players in global waste-to-energy market Wheelabrator, Hitachi Zosen, Keppel Seghers, Foster Wheeler, Xcel Energy, Mitsubishi Heavy Industries, Plasco Energy, China Everbright International, and Green Conversion Systems Veolia Environment, among others.

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

  • In 2020, Indonesia has planned to set up 12 WTE plants, starting with auctions for three WTE projects one in the West Java capital of Bandung and two more in Banten -- Tangerang and South Tangerang

Hence, tremendous progress has been made over the last decade and yet a lot more to come in recent years.

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference—to identify and collect information useful for this study of the Waste-To-Energy market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial studies of the global waste-to-energy market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological developments.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the waste-to-energy market.

Primary Respondent Breakdown is given below:

Waste-To-Energy Market – Trends Forecast Till 2028

Market Sizing

Top-down and bottom approach were used to derive the market estimate and validate the total revenue of the waste-to-energy market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

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