Maratha Headlines

Waste To Energy (WTE) Market Driven By Growing Power Demand And Favorable Regulatory Policies | With A CAGR Of 7.4% Would Reach USD 54.8 Billion By 2027 | Grand View Research, Inc.

 Breaking News
  • No posts were found

Waste To Energy (WTE) Market Driven By Growing Power Demand And Favorable Regulatory Policies | With A CAGR Of 7.4% Would Reach USD 54.8 Billion By 2027 | Grand View Research, Inc.

November 30
13:10 2021
Waste To Energy (WTE) Market Driven By Growing Power Demand And Favorable Regulatory Policies | With A CAGR Of 7.4% Would Reach USD 54.8 Billion By 2027 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, growing global healthcare expenditure is further anticipated to create lucrative opportunities for medical-grade silicone rubber in the coming years.

The global waste to energy marketsize is expected to reach USD 54.8 billion by 2027, ascending at a CAGR of 7.4% over the forecast period, according to a new report by Grand View Research, Inc. Growing power demand from end-use industries along with favorable regulatory policies regarding waste disposal and utilization for clean energy are likely to strengthen the market over the forecast period.

Governments are emphasizing on the development of alternate energy production sources such as Waste to Energy (WTE) plants owing to surging power demand along with the rapid depletion of conventional energy sources. In addition, increasing landfilling prices and limited space are among the primary factors responsible for driving the market over the forecast period.

Asia Pacific economies such as China have become high potential markets for waste-to-energy technologies owing to the generation of industrial waste at a huge level. Moreover, Japan is expected to follow a more aggressive approach than China regarding the implementation of WTE technology across the country. It aims to provide combination packages including additional services such as waste reduction, waste sorting, and recycling. These trends are anticipated to positively influence the market over the forecast period.

Industry players are emphasizing on technological advancements and innovations in order to reduce the technology cost associated with waste-to-energy plants, boosting the commercialization of WTE technology. In addition, market participants practice vertical integration in order to strengthen the services. Companies do a tie-up with municipal solid waste providers for the distribution of waste sources. 

Waste To Energy Market Report Highlights

 The thermal technology segment occupied the largest market share in 2019 owing to the relatively simple process along with ease of operations during thermal conversion

Incineration thermal technology is a major revenue contributor to the market. It offers several advantages such as waste volume reduction, limiting greenhouse gas emissions, and preserving energy

The biological technology segment is projected to attain the highest CAGR over the forecast period owing to the consistent advancement of anaerobic decomposition technology

Europe dominates the market owing to the presence of large market players across the region.

In Asia Pacific, the market is anticipated to escalate at the fastest CAGR owing to the potential growth opportunities in countries such as China and Japan.

 

For Requesting a Sample Copy Please Visit @ https://www.grandviewresearch.com/industry-analysis/waste-to-energy-technology-industry/request/rs15

 

Waste To Energy Market Segmentation

Grand View Research has segmented the global waste to energy market on the basis of technology and region:

Waste to Energy Technology Outlook (Revenue, USD Million, 2016 – 2027)    

• Thermal             

  • Incineration             

  • Gasification             

  • Pyrolysis     

• Biological

Waste to Energy Regional Outlook (Revenue, USD Million, 2016 – 2027)     

North America        

  • The U.S.         

  • Canada         

  • Mexico     

• Europe         

  • Germany         

  • The U.K.     

• Asia Pacific         

  • China         

  • India         

  • Japan     

• Central and South America     

• Middle East & Africa

List of Key Players of Waste To Energy Market     

Hitachi Zosen Inova AG     

Suez     

Covanta Holding Corporation     

China Everbright International Limited     

Veolia     

Abu Dhabi National Energy Company PJSC     

Ramboll Group A/S

 

Fill the Pre-Order Enquiry Form for the Report @ https://www.grandviewresearch.com/inquiry/26/ibb

 

Browse Related Reports:

Waste To Diesel MarketAnalysis By Technology (Gasification, Pyrolysis, Depolymerisation, Incineration), By Source (Oil & Fat, Municipal, Plastic Waste), By Region, And Segment Forecasts, 2018 – 2025.

 

Plastic To Fuel MarketSize, Share & Trends Analysis Report By Technology (Pyrolysis, Gasification, Depolymerization), By End-fuel (Sulfur, Hydrogen, Crude Oil), By Region, And Segment Forecasts, 2021 – 2028.

 

About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/waste-to-energy-technology-industry