MarkNtel Advisors recently published a detailed industry analysis of the Global Waste to Energy. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Waste to Energy, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Waste to Energy Market size was valued at USD 41 billion in 2023 and is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2024-30.
Key Findings in Global Waste to Energy:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players-
Suez Environment S.A, Veolia Environment, C&G Limited, Waste Management Inc., Keppel Seghers, Babcock & Wilcox Co., Covanta Energy Corporation, ADI Systems Inc., Hitachi Zosen Inova AG, Xcel Energy Inc., Abu Dhabi National Energy Company PJSC, MVV Energie AG, China Jinjiang Environment Holding Co Ltd, A2A SpA,, Martin GmbH, China Everbright International Limited, Mitsubishi Heavy Industries Ltd, Shandong Wheelabrator Technologies Inc., Constructions Industrielles de la Mediterranee, Foster Wheeler A.G.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Waste to Energy industry?
Production of Biofuel Maximize Market Revenue – Biofuels are liquid fuels produced from renewable biological sources, using agriculture residues & food waste, feedstock, etc., this transformation of biomass and waste produces biogas or bioethanol. These biofuels can serve as an alternative, reducing dependency on fossil fuels and becoming the most preferable fuel. Here Waste-to-energy plays an important role in supplying the energy needed for biofuel production, improving energy security. The combination of waste-to-energy with biofuel production contributes to a circular economy by utilizing organic wastes. This facilitates reducing waste and greenhouse gas emissions, therefore achieving sustainable goals. Hence, the inclination towards the production of biofuel is estimated to accelerate the growth of the waste-to-energy market.
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What segments define the Global Waste to Energy from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Technology
- Thermal
- Incineration
- Pyrolysis
- Gasification
- Biological
- Physical
According to report, Thermal technology is estimated to hold a significant share of the Global Waste-to-energy market during 2024-30.
By Type of Waste
- Municipal Waste
- Agricultural Waste
- Industrial Waste
- Others
According to report, Municipal Solid waste holds the majority share of the Global waste-to-energy market.
Explore the Complete Global Waste to Energy Analysis Report – https://www.marknteladvisors.com/research-library/global-waste-to-energy-market.html
Geographical Analysis: Global Waste to Energy
By Region
- Asia-Pacific
- Europe
- North America
- Middle East & Africa
- South America
The Global Waste to Energy Industry Recent Development:
- March 2024: Hitachi Zosen Inova announced the collaboration with Enfinium to construct and operate the UK’s first carbon capture pilot plant at a Waste-to-Energy facility. The carbon capture plant will utilize HZI’s Amine-scrubbing technology, specifically designed to seamlessly integrate with Efinium’s onsite waste-to-energy operations.
- March 2024: A2A SpA and Enel declare the signing agreement for the reorganization of electricity networks in Lombardy.
- April 2024: Babcock & Wilcox Enterprises, Inc., announced that its B&W Environmental Segment had been awarded a contract for approximately $15 million to supply environment equipment for an industrial facility in the Middle East.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Waste to Energy?
- How is the Global Waste to Energy expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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