Waste-to-Energy Technologies Market Analysis, Size, Current Scenario and Future Prospects

Waste-to-energy technologies market is anticipated to grow at a CAGR of 5.8% during the forecast period. The market growth is attributed to factors such as the increasing waste generation, stringent waste management regulations and technological advancements. Governments and environmental agencies across the globe are implementing stringent regulations and policies to reduce landfill waste and promote sustainable waste management practices. According to the US Energy Information Administration (EIA), municipal solid waste (MSW) is usually burned at special waste-to-energy plants that use the heat from the fire to make steam for generating electricity or to heat buildings. In 2021, 64 U.S. power plants generated about 13.6 billion kilowatt-hours of electricity from burning about 28 million tons of combustible MSW for electricity generation. Biomass materials accounted for about 61% of the weight of combustible MSW and for about 45% of the electricity generated. The remainder of the combustible MSW was no biomass combustible material, mainly plastics. Many large landfills also generate electricity by using the methane gas that is produced from decomposing biomass in landfills. Many countries use waste-to-energy plants to capture the energy in MSW. The use of waste-to-energy plants in some European countries and in Japan is relatively high, in part because those countries have little open space for landfills.

The global waste-to-energy technologies market is segmented based on the application, technology, and waste type. Based on the application, the market is segmented into electricity and heat. Based on technology, the market is sub-segmented into thermochemical and biochemical. Further, based on waste type, the market is segmented into MSW, process waste, agricultural waste, and others). Among the application segment, the electricity sub-segment is expected to hold a prominent share of the global market owing to the growing demand for the electricity as it is being used for sustainable development globally.

To Request a Sample of our Report on Waste-to-Energy Technologies Market:  https://www.omrglobal.com/request-sample/waste-to-energy-technologies-market

Market Coverage

  • Market number available for – 2021-2030
  • Base year- 2022
  • Forecast period- 2023-20
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill

, and others

Market Segmentation

By Application

  • Electricity
  • Heat

By Technology

  • Thermochemical
  • Biochemical

By Waste Type

  • Municipal Solid Waste
  • Process Waste
  • Agricultural Waste
  • Others

A full Report of Waste-to-Energy Technologies Market is Available @  https://www.omrglobal.com/industry-reports/waste-to-energy-technologies-market

Regional Analysis

North America                                                                                                            

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • China Jinjiang Environment Holding Co. Ltd
  • Hitachi Zosen Corp
  • MVV Energie AG
  • Martin GmbH
  • Veolia Environnement SA
  • Mitsubishi Heavy Industries Ltd
  • Waste Management Inc.
  • Suez Group
  • Martin GmbH
  • Xcel Energy Inc.
  • A2A S.p.A.
  • China Everbright Limited
  • Wheelabrator Technologies Holdings Inc.
  • Covanta Holding Corp.
  • Plasco Energy Group Inc

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/waste-to-energy-technologies-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404