Waste-to-energy also abbreviated as WtE or energy-from-waste EfW is a process of energy recovery and the technique of generating energy in the form of heat or electricity from the primary treatment of waste. Most of the WtE processes produce heat or electricity directly through thermal combustion, or generate a combustible fuel commodity including methanol, methane, synthetic fuels, or ethanol.
According to Research and Markets the market has witnessed significant growth opportunities globally, owing to increase in the demand for incineration processes and rise in public WtE expenditure. Moreover, increase in inclination of consumers toward efficient and easy WtE conversion techniques, such as incineration, further boosts the growth for this segment. The gasification segment is expected to register a CAGR of 7.5% during the forecast period. However, rise in concerns related to the environmental hazards associated with the incineration process is expected to affect the overall market growth in the developed and the developing countries. However, investments in R&D activities to ensure reliability in terms of environmental effects are expected to provide opportunities for growth in the future.
The global WtE market is segmented based on technology and geography, as Research and Markets says. On the basis of technology, it is bifurcated into thermal and biological. The thermal segment is further categorized into incineration, pyrolysis, and gasification. The incineration segment is anticipated to register a significant CAGR during the forecast period. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
According to Research and Markets the key players in the global WtE market have adopted various market penetration and growth strategies, such as mergers & acquisitions, with the local and established players. The key players profiled in the report include:
– Waste Management Inc.
– Suez Environment S.A.
– C&G Environmental Protection Holdings
– Constructions industrielles de la Méditerranée (CNIM)
– China Everbright International Limited
– Covanta Energy Corporation
– Foster Wheeler A.G.
– Abu Dhabi National Energy Company PJSC
– Babcock & Wilcox Enterprises, Inc.
– Veolia Environment.
The other players in the value chain (profiles not included in the report) include: Wheelabrator, Hitachi Zosen, Keppel Seghers, China Everbright International, Xcel Energy, Green Conversion Systems, Plasco Energy
“Waste to Energy Market by Technology – Global Opportunity Analysis and Industry Forecast, 2017-2023” can be ordered here. Pricing: From USD 5370.