Latest
industry research report on: Global Waste-to-energy Technologies
Market | Industry Size, Share, Research, Reviews, Analysis,
Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Global Waste-to-Energy
Technologies Market: Overview
According to the World Bank,
the amount of waste generated across the world will triple by 2100 to
reach 11 million tonnes per day. This presents a massive logistical
and administrative challenge for both developed and developing
countries. Waste has the potential to be used in countless
energy-generation programs, but its potential has hitherto remained
underutilized. The concept of waste-to-energy entails the application
of techniques that help extract valuable energy from waste products.
At a time when landfills are
choking with nonbiodegradable waste, there is increasing pressure on
industry participants to either reduce the amount of waste generated
or reuse trash to generate energy in the form of heat or electricity.
Waste-to-energy technologies make that possible.
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The
demand for efficient technologies that can help convert waste into
energy is rising because of the increase in the volume of waste
generated around the world every day. Thermal and biological
technologies are commonly used to convert waste into energy.
The
key thermal energy types used to obtain energy from waste are:
incineration, thermal gasification, and plasma-arc gasification.
Likewise, the major biological technologies employed to use waste as
an energy generation medium are: fermentation, methane capture, and
anaerobic digestion.
This
report examines the state of the global waste-to-energy technologies
market and forecasts growth through 2023. For a detailed analysis of
the global waste-to-energy technologies market, the report segments
the market on the basis of criteria such as technology type and
geography. Each subsegment is individually studied to forecast its
growth rate and size in terms of revenue.
Global
Waste-to-energy Technologies Market: Key Trends and Opportunities
Factors
that are fuelling the adoption of waste-to-energy technologies are
largely centered on the dramatic increase in population and,
consequently, the increase in the amount of waste generated. Other
factors that are contributing favorably to the growth of the global
waste-to-energy technologies market are rapid urbanization and
growing purchasing power of consumers. Against this backdrop,
waste-to-energy is emerging as a viable option to lower the carbon
footprint.
A
high number of waste-to-energy plants are located in Asia Pacific and
Europe. A number of new waste-to-energy plants are planned around the
world, which will help increase the amount of energy generated from
waste over the next few years.
In
the years ahead, key policymakers will either have to increase
landfill capacity or consider investing in waste-to-energy plants. In
view of the increased thrust on renewable energy and reducing carbon
emissions, the latter might emerge as a more viable option. This will
necessitate the deployment of highly different technologies to
convert waste into energy.
New
technologies to convert waste into energy are currently being
developed and these will aid the growth of the market further.
Investors in this space are primarily encouraged by the following
attractive returns: the generation of renewable energy from waste and
the recovery of metals from waste.
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Global Waste-to-energy
Technologies Market: Regional Outlook
China has established itself as
a trendsetter in the global waste-to-energy market and can be
credited for the strong growth forecast for the Asia Pacific (APAC)
waste-to-energy technologies market. Thus, the growth of the global
waste-to-energy technologies market will be spearheaded by the APAC
region. Europe is projected to follow APAC over the report’s
forecast period.
Leading players in the global
waste-to-energy technologies market include: Foster Wheeler, ABB, and
China Everbright.
This research report analyzes
this market on the basis of its market segments, major geographies,
and current market trends. Geographies analyzed under this research
report include
North America
Asia Pacific
Europe
Middle East and Africa
Latin America
This report provides
comprehensive analysis of
Market growth drivers
Factors limiting market
growth
Current market trends
Market structure
Market projections for
upcoming years
This report is a complete study
of current trends in the market, industry growth drivers, and
restraints. It provides market projections for the coming years. It
includes analysis of recent developments in technology, Porter’s
five force model analysis and detailed profiles of top industry
players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with
detailed value chain analysis.
Reasons for Buying this
Report
This report provides
pin-point analysis for changing competitive dynamics
It provides a forward
looking perspective on different factors driving or restraining
market growth
It provides a six-year
forecast assessed on the basis of how the market is predicted to grow
It helps in understanding
the key product segments and their future
It provides pin point
analysis of changing competition dynamics and keeps you ahead of
competitors
It helps in making informed
business decisions by having complete insights of market and by
making in-depth analysis of market segments
It provides distinctive
graphics and exemplified SWOT analysis of major market segments
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