Sep 5, 2020   SOURCE: BusinessWire

Global Waste to Energy Market (2020 to 2027) - Opportunity Analysis and Industry Forecast - ResearchAndMarkets.com

The "Waste to Energy Market by Technology: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.

The global waste-to-energy market was valued at $35.1 billion in 2019, and is projected to reach $50.1 billion by 2027, growing at a CAGR of 4.6% from 2020 to 2027.

Waste-to-energy is the process of energy generation by the primary treatment of municipal solid waste. This process produces electricity or heat directly by combustion. In addition, it produces combustible fuel commodities such as methanol, methane, synthetic fuels, or ethanol.

The boom of the worldwide waste-to-energy market is attributed to increase in demand for incineration technique and growth in public WtE expenditure. Moreover, the rise in inclination of customers in the direction of efficient and clean WtE conversion strategies, which include incineration, gasification, pyrolysis, and numerous biochemical treatments, inclusive of aerobic and anaerobic digestion, is anticipated to drive market growth. However, the rise in concerns related to the environmental risks associated with the incineration is expected to have a negative effect on the overall market growth On the contrary, the rise in investments in R&D activities to make certain reliability on environmental friendly energy generation is expected to offer lucrative opportunities for market growth.

The global WtE market is segmented on the basis of technology and region. On the basis of technology, the market is divided into thermal, biochemical, and others. The thermal technology is further segmented into combustion or incineration, gasification, and pyrolysis. By region, the global waste-to-energy market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players have adopted various market penetration and growth strategies, such as mergers & acquisitions, to strengthen their foothold in the market. The key players profiled in the report include Waste Management Inc., Suez Environment S.A., C&G Environmental Protection Holdings, Constructions industrielles de la Mditerrane (CNIM), China Everbright International Limited, Covanta Energy Corporation, Foster Wheeler A.G., Abu Dhabi National Energy Company PJSC, Babcock & Wilcox Enterprises, Inc., and Veolia Environment.

Key Benefits

  • The report provides extensive qualitative and quantitative analyses of the current market trends and future estimations of the waste-to-energy market size from 2019 to 2027 to determine the prevailing opportunities.
  • Comprehensive analysis of factors that drive and restrict the growth of the market are provided.
  • Estimations and forecast are based on factors impacting market growth, in terms of both value and volume.
  • Profiles of leading players operating in the global waste-to-energy market has been provided, and this helps in understanding the competitive scenario globally.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
  • The global waste-to-energy market forecast is done from 2020 to 2027.

Market Dynamics

Drivers

  • Increase in Demand for Renewable Sources of Energy
  • Rise in Demand for Electricity Consumption

Restraints

  • High Initial Costs
  • Less Investments

Opportunity

  • Upsurge in Energy Demand from Asia-Pacific and Latin America Regions

Companies Profiled

  • Abu Dhabi National Energy Company Pjsc (Taqa)
  • John Wood Group plc
  • Babcock & Wilcox Enterprises, Inc.
  • C&G Ltd.
  • China Everbright International Limited
  • Covanta Holding Corporation
  • Suez
  • Veolia
  • Waste Management, Inc.
  • Cnim
  • Bluefire Renewables
  • Ener-Core, Inc.
  • Plasco Energy Group, Inc.
  • Wheelabrator Technologies Inc.

For more information about this report visit https://www.researchandmarkets.com/r/bijiap