Waste to Energy Market Report: Overview
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%.
Rapid economic development in the APAC region is going to be key for the growth and development of the Waste to energy market. India and China have well established waste management infrastructure which is going to provide immense growth opportunity for growth this market.
The main categories of waste-to-energy technologies are physical technologies, which process waste to make it more useful as fuel; thermal technologies, which can yield heat, fuel oil, or syngas from both organic and inorganic wastes; and biological technologies, in which bacterial fermentation is used to digest organic wastes to yield fuel.
Top Key Players:-
- C&G Environmental Protection Holdings
- Veolia Environnement
- Constructions industrielles de la Méditerranée
- Covanta Energy Corporation
- China Everbright International Limited
- Waste Management, Inc
- Suez Environment S.A.
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Regional Analysis of Waste to Energy Market:
Asia-Pacific is the leading market for the Waste to Energy market with almost half of the market share captured by this region. Rapid economic development in the APAC region is also going to be key for the growth and development of the Waste to energy market. India and China have well established waste management infrastructure which is going to provide immense growth opportunity for growth I this market.
Waste to Energy Global Market – Segmentation
The scope of global waste to energy market is segmented into two major segments which are explained below:
- By Technology
- By Method
- Anaerobic Digestion
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- WTE manufacturers
- WTE Suppliers
- Research and Development (R&D) Companies