Waste to Energy Market Global Industry Share, Latest Innovations, Technological Developments, Top 5 Manufacturers, Leading Regions,Upcoming Opportunities Supply Consumption and Demand Analysis by 2023
AB Digital, Inc. 4-Oct-2018 7:23 AM
Global Waste to Energy Market Information Report by Technology (biological and thermal), by Method (Incineration, Gasification, Pyrolysis, Anaerobic Digestion and Fermentation) and by Region – Forecast to 2027
Market Defination:-
Waste is an inevitable product of society, and one of the greatest challenges for future generations is to understand how to manage large quantities of waste in a sustainable way. One approach has been to minimise the amount of waste produced, and to recycle larger fractions of waste material.
However, there is still is a considerable part of undesired end-products that must be taken care of, and more suitable solution than simple landfilling needs to be found. The waste management sector faces a problem that it cannot solve on its own. The energy sector however, is considered to be perfect match because of its need to continuously meet to growing energy demand. Waste is now not only an undesired product of society, but a valuable energy resource as well.
Industry News
In November, 2017 – CNIM and MARTIN announced the establishment of a company dedicated to energy-from-waste and -biomass in order to develop their business activities in the targeted markets. Located in Chennai, India, this company will rely on the two partners' expertise and know-how to deliver turnkey solutions to public authorities and private customers.
In June, 2017 – Covanta (NYSE: CVA), world leader in sustainable waste and energy solutions announced a new agreement with the Delaware County Solid Waste Authority (DCSWA) for sustainable waste disposal at the Covanta Delaware Valley Energy-from-Waste facility located in Chester, PA., U.S. The new five-year agreement, which includes extension provisions, continues a 25-year partnership between Covanta and Delaware County.
In November, 2017 – China Everbright International Limited announced that the Group's Hangzhou Waste-to-energy Project in Jiufeng Village of Yuhang District, Hangzhou City of Zhejiang Province, China, has successfully passed the "72+24-hour" trial run and commenced operation, following 18 months of construction
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Global Key Palyers:-
Constructions industrielles de la Méditerranée (CNIM), Covanta Energy Corporation, C&G Environmental Protection Holdings, Veolia Environnement, China Everbright International Limited, Waste Management, Inc, and Suez Environment S.A. are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Waste to Energy Market.
However, there is still is a considerable part of undesired end-products that must be taken care of, and more suitable solution than simple landfilling needs to be found. The waste management sector faces a problem that it cannot solve on its own. The energy sector however, is considered to be perfect match because of its need to continuously meet to growing energy demand. Waste is now not only an undesired product of society, but a valuable energy resource as well.
Energy recovery from waste can solve two problems at once treating non-recyclable and non-reusable amounts of waste, and generating a significant amount of energy which can be included in the energy production mix in order to satisfy the consumer's needs. As per the study conducted by Market Research Future, the global market for waste to energy is likely to grow at the CAGR of around 7.5%.
Study Objectives of Waste to Energy
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Waste to Energy market
- To provide insights about factors affecting the market growth
- To Analyze the Waste to Energy market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
- To provide country level analysis of the market with respect to the current market size and future prospective
Waste to Energy Global Market – Competitive Analysis:-
Waste to Energy market will continue to develop globally, as governments across the globe are imposing supportive regulation with subsidies and tax benefits. The need to increase the share of renewable energy and reduce Green House Gas emissions, along with raising environmental consciousness to protect the environment from polluting and unsustainable practices such as landfilling will have a positive impact on Waste to Energy market development. In addition, as waste generation will grow, there will be enough space in the market for new entrants.
Waste to Energy Global Market Segmentation
By Technology
By Method
- Incineration
- Gasification
- Pyrolysis
- Anaerobic Digestion
- Fermentation
Waste to Energy market will continue to develop globally, as governments across the globe are imposing supportive regulation with subsidies and tax benefits. The need to increase the share of renewable energy and reduce Green House Gas emissions, along with raising environmental consciousness to protect the environment from polluting and unsustainable practices such as landfilling will have a positive impact on Waste to Energy market development. In addition, as waste generation will grow, there will be enough space in the market for new entrants.
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Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
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City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/waste-to-energy-market-1369
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