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Waste to Energy (WTE) Market Size, Share, Trends, Growth Outlook

Waste to Energy (WTE) Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Technology (Physical, Thermal, Biological, Others) By Application (Power Plant, Heating Plant, Others) and Companies Report

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  • |Published Month : October, 2024
  • |No. of Pages : 180

The Global Waste to Energy (WTE) Market is estimated to be US$ 52.1 Billion in 2023. It is poised to register 7.5% growth over the forecast period from 2023 to 2030 to reach US $ 86.4 billion in 2030.

 

The market growth is driven by the Increasing awareness of environmental issues, such as climate change and pollution, which has led to a greater emphasis on sustainable waste management solutions like WTE. Leading companies are focusing on Sustainable Waste Management, Resource Recovery, Urbanization and Population Growth, Environmental Regulations, International Collaboration, Energy Security, and others to boost market shares in the industry.

 

Market Overview

The Waste-to-Energy (WTE) market, as of September 2021, had been experiencing global growth primarily driven by increasing waste generation and environmental concerns. Key technologies included incineration and resource recovery, while government policies, emissions regulations, and integration with other renewables played pivotal roles.

 

Market Dynamics

Market Trends- Impact of Waste Generation on the WTE Market

Rising waste generation, particularly in urban areas, directly fuels demand for the Waste-to-Energy (WTE) market, as it provides a consistent feedstock for energy generation while mitigating landfill space constraints and environmental concerns. Increased waste volumes drive the economic viability of WTE projects, align with sustainability goals, and encourage policy support and technological innovation in the sector, positioning WTE as a vital solution for waste management and renewable energy generation.

 

Market Driver- Integration with Other Energy Sources Demand for Waste to Energy (WTE) Market

The demand for integrating Waste-to-Energy (WTE) with other energy sources arises from the need for a reliable and balanced energy supply. This integration enhances energy security, grid stability, and sustainability goals, particularly in regions heavily reliant on intermittent renewables. It optimizes resource utilization and supports the growth of the WTE market.

 

Market Opportunity-Introduction of Technological Advancements

Technological advancements in the Waste-to-Energy (WTE) market, including improved combustion, gasification, and waste treatment processes, are enhancing efficiency, environmental performance, and economic viability. These innovations also facilitate resource recovery from waste streams, aligning with the circular economy concept and ensuring WTE remains competitive and sustainable in the evolving energy landscape.

 

Market Share Analysis- Thermal Waste to Energy (WTE) Market will register the fastest growth

The Global Waste to Energy (WTE) Market is analyzed across Physical, Thermal, Biological, and others. Of these Thermal will register the fastest growth.  Thermal technologies are integral to the Waste-to-Energy (WTE) market, using heat-based methods such as incineration, pyrolysis, and gasification to convert solid waste into electricity and heat. These processes reduce waste volume, lessen landfill reliance, and generate renewable energy.

 

Market Share Analysis -Power Plant held a significant market share in 2023

The Global waste-to-energy (WTE) Market is analyzed across various applications including Power Plant, Heating Plant, and others. Of these, Power Plant held a significant market share in 2023. Waste-to-energy (WTE) power plants are specialized facilities that use thermal technologies to convert solid waste into electricity and heat. These plants play a crucial role in sustainable waste management by reducing landfill waste and simultaneously contributing to renewable energy production. They utilize processes like incineration, pyrolysis, or gasification to generate electricity for the grid and heat for district heating or industrial use.

 

Waste to Energy (WTE) Market Segmentation

By Technology

  • Physical
  • Thermal
  • Biological
  • Others

 

By Application

  • Power Plant
  • Heating Plant
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Waste to Energy (WTE) Market Companies

 

  • Mitsubishi Heavy Industries Ltd
  • Waste Management Inc
  • A2A SpA
  • Veolia Environment SA
  • Hitachi Zosen Corp
  • MVV Energie AG
  • Martin GmbH
  • Babcock & Wilcox Enterprises Inc
  • China Jinjiang Environment Holding Co. Ltd
  • Suez Group
  • Xcel Energy Inc
  • Wheelbarrow Technologies Holdings Inc
  • Covanta Holding Corp
  • China Everbright Group

* List not exhaustive

 

Waste to Energy Market Outlook 2023

1 Market Overview

1.1 Introduction to the Waste to Energy Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Waste to Energy Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Waste to Energy Market Companies with Area Served

4.2.2 Products Offerings Global Waste to Energy Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Waste to Energy Market Trends

6.1 Global Waste to Energy Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Waste to Energy Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Waste to Energy Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Waste to Energy Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Waste to Energy Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Waste to Energy Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Waste to Energy Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Waste to Energy Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Waste to Energy Development Regional Status and Outlook

8.1 Global Waste to Energy Revenue (USD Million) By Regions (2018-2022)

8.2 North America Waste to Energy Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Waste to Energy Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Waste to Energy Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Waste to Energy Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Waste to Energy Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Waste to Energy Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Waste to Energy Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Waste to Energy Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Waste to Energy Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Waste to Energy Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Waste to Energy Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Waste to Energy Revenue (USD Million) by Applications (2018-2022)

8.5 South America Waste to Energy Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Waste to Energy Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Waste to Energy Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Waste to Energy Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Waste to Energy Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Waste to Energy Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Waste to Energy Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Waste to Energy Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Waste to Energy Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Waste to Energy Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Waste to Energy Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Waste to Energy Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Waste to Energy Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Waste to Energy Development Regional Status and Outlook Forecast

11.1 Global Waste to Energy Revenue (USD Million) By Regions (2023-2030)

11.2 North America Waste to Energy Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Waste to Energy Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Waste to Energy Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Waste to Energy Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Waste to Energy Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Waste to Energy Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Waste to Energy Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Waste to Energy Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Waste to Energy Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Waste to Energy Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Waste to Energy Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Waste to Energy Revenue (USD Million), by Applications (2023-2030)

11.5 South America Waste to Energy Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Waste to Energy Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Waste to Energy Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Waste to Energy Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Waste to Energy Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Waste to Energy Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Waste to Energy Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Waste to Energy Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Waste to Energy Market Companies with Areas Served

Table 3 Products Offerings Global Waste to Energy Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Waste to Energy Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Waste to Energy Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Waste to Energy Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 11 Global Waste to Energy Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Waste to Energy Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Waste to Energy Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Waste to Energy Market Share (%) By Regions (2018-2022)

Table 16 North America Waste to Energy Revenue (USD Million) By Country (2018-2022)

Table 17 North America Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 18 North America Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Waste to Energy Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Waste to Energy Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Waste to Energy Revenue (USD Million) By Country (2018-2022)

Table 26 South America Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 27 South America Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Waste to Energy Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 33 Global Waste to Energy Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Waste to Energy Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Waste to Energy Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Waste to Energy Revenue (USD)By Country (2023-2030)

Table 38 North America Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 39 North America Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Waste to Energy Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Waste to Energy Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Waste to Energy Revenue (USD Million) By Country (2023-2030)

Table 47 South America Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 48 South America Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Waste to Energy Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Waste to Energy Revenue Market Share (%) By Type (2022)

Figure 5 Global Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Waste to Energy Revenue Market Share (%) By Applications (2022)

Figure 7 Global Waste to Energy Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Waste to Energy Market Share (%) By Regions (2022)

Figure 9 North America Waste to Energy Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Waste to Energy Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Waste to Energy Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Waste to Energy Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Waste to Energy Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Waste to Energy Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Waste to Energy Revenue Market Share (%) By Type (2030)

Figure 26 Global Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Waste to Energy Revenue Market Share (%) By Applications (2030)

Figure 28 Global Waste to Energy Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Waste to Energy Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Waste to Energy Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Waste to Energy Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Waste to Energy Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Waste to Energy Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Waste to Energy Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Waste to Energy Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

Waste to Energy (WTE) Market Segmentation

By Technology

  • Physical
  • Thermal
  • Biological
  • Others

 

By Application

  • Power Plant
  • Heating Plant
  • Others

 

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)