The report for Waste to Energy Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Global Waste to Energy Market: Synopsis
The detailed report published by Market Research Future (MRFR) projects that the global waste to energy market is marked to exhibit significant growth during the assessment period of 2016-2023 Increased consumption of energy and complexities faced during waste management as result of high rate of waste generation all over the world is generating demand for advanced technology that can efficiently convert waste into a form of consumable energy. Emergence of proper disposal of waste generated due to the presence of large population base in the developing and developed regions is leading to development of new techniques of waste management that can be converted it into consumable energy. Recycling of waste products is one of the major waste management solutions that are aiding in generating consumable energy that can be effectively utilized for various industrial as well as domestic purposes. Rapid exhaustion of non-renewable energy sources is generating demand for advanced technology that can harness energy from alternative sources such as waste. High demand for energy as a result of current energy crisis caused due to unprecedented consumption of energy and emergence of management of large amount of waste are majorly propelling the expansion of the global waste to energy market. Incorporation of advanced technology in recycling plants and increased research for development of techniques that can convert waste into energy in cost-effective manner is also contributing to the expansion of the global waste to energy market. However, lack of skilled professionals to operate and maintain waste to energy plants is restraining the expansion of the global market for waste to energy during the review period.
Global Waste to Energy Market: Segmentation
The global market for waste to energy is segmented on the basis of technology and method. By technology, the global waste to energy market is segmented into biological and thermal. The thermal technology segment is forecasted to command the major share of the global waste to energy market. On the basis of method, the global waste to energy market is segmented into incineration, anaerobic digestion, gasification, pyrolysis, and fermentation.
Global Waste to Energy Market: Detailed Regional Analysis
The global market for waste to energy has been geographically segmented into five regions such as South America, North America, Europe, Asia Pacific (APAC), and the Middle East and Africa. The Asia Pacific region commands the dominant share of the global waste to energy market owing to the rapid rise in generation of waste due as a result of increasing population base, increased energy consumption, and rising environmental awareness in the emerging economies such as India, China, and Japan in this region. Stringent regulations regarding the management of waste and deployment of technologically advanced solutions are propelling the expansion of waste to energy market in the Americas.
Global Waste to Energy Market: Industry Updates
In January 2019, Valmet, a developer and supplier of technologies for paper, pulp, and energy industries, has announced that it will be developing boiler plants that are fired with refuse-derived fuel for a waste-to-energy plant in Urumchi, China.
In January 2019, it has been announced by Zoomlion, a leading waste management company that it is strategizing to open a waste-to-energy plant in the upcoming years.
Global Waste to Energy Market: Key Players
The prime players profiled by Market Research Future (MRFR) that are operating in the global waste to energy market are Waste Management, Inc, Constructions industrielles de la Méditerranée (CNIM), C&G Environmental Protection Holdings, Covanta Energy Corporation, Veolia Environment, China Everbright International Limited, and Suez Environment S.A.
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Study Objectives of Waste to Energy
To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Waste to Energy market
To provide insights about factors affecting the market growth
To Analyze the Waste to Energy market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segment by Method, by Technology by Propulsion, and by region as well as its sub segments
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Waste to Energy market
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