Market Overview:
The global waste to energy (WTE) market is expected to grow from USD 9.8 billion in 2018 to USD 21.5 billion by 2030, at a CAGR of 10.4% from 2018 to 2030. The growth of the WTE market can be attributed to the increasing demand for electricity and heat worldwide, growing concerns about climate change, and stringent regulations on emissions from traditional thermal power plants. Based on type, the WTE market is segmented into thermal technologies and biochemical reactions segments. The thermal technologies segment is further sub-segmented into incineration technology, gasification technology, and pyrolysis technology. The biochemical reactions segment is further sub-segmented into anaerobic digestion and composting/vermicomposting segments. Based on application, the WTE market is divided into power plant applications, heating plant applications, and other applications segments such as industrial process heat generation and transportation fuels production).
 Industry Outlook.svg)
Product Definition:
Waste to energy (WTE) is the process of converting waste into electrical energy. The importance of WTE is that it helps reduce the amount of waste going to landfills, while also providing a source of renewable energy.
Thermal Technologies:
Thermal Technologies is the collection of processes, which involve the use of heat as a medium for energy recovery and disposal. These technologies are used to recover energy from waste products in various industrial applications such as food & beverage processing, metalworking, cement manufacturing and power generation. Thermal treatment reduces the volume and increases the temperature of solid or liquid waste material to generate thermal energy that is then converted into electricity using thermoelectric generators (TEGs).
Biochemical Reactions:
Biochemical reactions are used in the process of waste to energy (WTE) for breaking down organic compounds into carbon dioxide and water. These reactions are also used for processing municipal solid waste (MSW) into energy. Biochemical processes are gaining importance owing to their ability to provide a cost-effective and environment-friendly alternative to incineration or landfills as source of organic material transformation.
Application Insights:
The power plant application segment led the global waste to energy market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing demand for electricity coupled with rising concerns regarding greenhouse gas emissions has propelled the need for sustainable solutions such as WTE, thereby supporting its growth.
In terms of revenue generation, power plants dominated the industry with a share of 72.1% in 2017 owing to their ability to provide ancillary services such as heat and power simultaneously from multiple combustion sources along with their abilityto accept low-quality fuels including municipal solid wastes (MSW).
Regional Analysis:
Europe accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been a global leader in WTE technology development and deployment owing to favorable government policies, which have supported investments in waste management practices. In addition, stringent environmental regulations by various regulatory bodies such as European Commission (EC) and European Parliaments are also driving industry growth across Europe.
The Asia Pacific regional market is projected to witness significant growth over the forecast period owing to rising industrialization coupled with increasing population across countries such as China, India, Indonesia among others will drive overall economic development of these nations eventually leading towards increased energy consumption along with other associated greenhouse gas emissions from industries operating within their respective countries. This factor alone would propel industry demand for WTE technologies across this region during the forecast period from 2018 to 2030 (estimated).
Growth Factors:
- Increasing demand for energy and the need to reduce greenhouse gas emissions are the key growth drivers for the WTE market.
- Stringent regulations on waste disposal and landfill ban are also fuelling the demand for WTE technology.
- The increasing price of traditional fuels is also prompting governments and industries to adopt WTE as a viable option for waste management and power generation.
- Growing awareness about the benefits of using renewable energy is also aiding in the growth of this market segment.
Scope Of The Report
Report Attributes
Report Details
Report Title
Waste to Energy (WTE) Market Research Report
By Type
Thermal Technologies, Biochemical Reactions
By Application
Power Plant, Heating Plant, Other
By Companies
Sanfeng Covanta, China Everbright, Tianjin Teda, Grandblue, Shanghai Environmental, Shenzhen Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Waste to Energy (WTE) Market Report Segments:
The global Waste to Energy (WTE) market is segmented on the basis of:
Types
Thermal Technologies, Biochemical Reactions
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Plant, Heating Plant, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sanfeng Covanta
- China Everbright
- Tianjin Teda
- Grandblue
- Shanghai Environmental
- Shenzhen Energy
 Market Overview.svg)
Highlights of The Waste to Energy (WTE) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Thermal Technologies
- Biochemical Reactions
- By Application:
- Power Plant
- Heating Plant
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Waste to Energy (WTE) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Waste to energy is the conversion of waste into energy. This can be done by burning the waste, using it to create steam that turns a turbine, or using anaerobic digestion to break down the waste and produce methane gas.
Some of the major companies in the waste to energy (wte) market are Sanfeng Covanta, China Everbright, Tianjin Teda, Grandblue, Shanghai Environmental, Shenzhen Energy.
The waste to energy (wte) market is expected to register a CAGR of 10.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Waste to Energy (WTE) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Waste to Energy (WTE) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waste to Energy (WTE) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Waste to Energy (WTE) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Waste to Energy (WTE) Market Size & Forecast, 2020-2028
4.5.1 Waste to Energy (WTE) Market Size and Y-o-Y Growth
4.5.2 Waste to Energy (WTE) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Thermal Technologies
5.2.2 Biochemical Reactions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Plant
6.2.2 Heating Plant
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waste to Energy (WTE) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Waste to Energy (WTE) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Thermal Technologies
9.6.2 Biochemical Reactions
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Plant
9.10.2 Heating Plant
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Thermal Technologies
10.6.2 Biochemical Reactions
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Plant
10.10.2 Heating Plant
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Thermal Technologies
11.6.2 Biochemical Reactions
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Plant
11.10.2 Heating Plant
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Thermal Technologies
12.6.2 Biochemical Reactions
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Plant
12.10.2 Heating Plant
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Thermal Technologies
13.6.2 Biochemical Reactions
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Plant
13.10.2 Heating Plant
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Waste to Energy (WTE) Market: Competitive Dashboard
14.2 Global Waste to Energy (WTE) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sanfeng Covanta
14.3.2 China Everbright
14.3.3 Tianjin Teda
14.3.4 Grandblue
14.3.5 Shanghai Environmental
14.3.6 Shenzhen Energy
