Waste to Energy Market OverviewWaste-to-Energy technologies consist of any waste treatment process that creates energy in the form of electricity, heat, or transport fuels from a waste source. It helps in the reduction of carbon emissions and refills fossil fuels. Waste-to-energy holds an important role in the sustainable waste management chain.
A significant rise in terms of consumption of power along with an increasing focus on generating energy through renewable sources of energy is anticipated to be an important boosting factor for the overall development of the global Waste to Energy market during the forecast period. Moreover, the growth of the global market is also attributed to the rapid development in the activities of urbanization and industrialization in developing countries in the Asia Pacific such as China and India. Besides, in recent times, there has been substantial growth in investments by the key stakeholders in the global waste to energy market. This key fact is expected to further intensify the growth of the global market in near future.
The prime factor that is responsible to hold back the development of the global waste to energy market is the high initial cost for constructing a waste-to-energy plant. Besides this, many new waste-to-energy projects are being established in the world and supporting the global energy mix steadily in coming years. Additionally, government regulations are as well furling the demand in the waste-to-energy market. These key aspects contribute more to the growth of the global Waste to Energy market.
Covid-19 Impact on Waste to Energy Market As around one-third of the global population is staying indoors owing to nationwide lockdown, stay-at-home orders, and restrictions on movement, the energy demand has sharply dipped. By the end of 2020, approximately, a decline in 5% of the energy demand was been recorded. Also, waning in corresponding gas and oil demands of 4% and 9%, respectively were registered in 2020. Currently, the energy market is at a historic low with surplus supplies. However, the situation is expected to ease up with a lift in lockdown restrictions and end-use industries start operating with great efficiencies.
Waste to Energy Market Segment OverviewIn terms of Technology, the Thermochemical segment occupied the largest revenue share of the global Waste to Energy market in 2019, with incineration thermal technology being a major contributor to revenue growth. A relatively simple process along with easy operations is the growth factor for thermal conversion techniques. Thermal treatment of waste serves as an environmentally sound solution for modern cities by allowing complete combustion of gases released from the waste. In addition to this, Incineration thermal technology provides numerous benefits such as limiting greenhouse gas emissions, preserving energy, and waste volume reduction.
Waste to Energy Market, By Waste Type
· Municipal Solid Waste
· Agricultural Waste
Waste to Energy Market, By Technology
- Thermochemical
- Biochemical
- Anaerobic Digestion
- Others
Waste to Energy Market, By Application
· Electricity
· Heat
Waste to Energy Regional OverviewGeographically, Europe commanded a major share of the global Waste to Energy market. Increasing initiatives by the governments, new targets about renewable energy, and growing investments in biogas technology are some major factors that projected to propel the growth of the waste to energy market in Europe in the coming years. In addition to this, approximately 41 new biomethane plants were established in the region in 2016. The waste to energy market in the Asia Pacific is expected to grow rapidly over the forecast period. In many countries in the Asia Pacific, such as Thailand, India, Malaysia, and South Korea, the consumption of energy is constantly increasing. Evolution in industrialization and the growing importance of the renewable source of energy is estimated to boost the market’s growth in this region over the forthcoming years.
Waste to Energy Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Waste to Energy Market Competitor overviewSome key developments and strategies adopted by manufacturers in Waste to Energy are highlighted below.
· In August 2021, Waste-to-energy plants being set up across Haryana may prove a game-changer to deal with the stubble burning menace by not only generating energy and employment but also providing additional income from the crop waste. As per officials of the Haryana Renewable Energy Development Agency (HAREDA), total four paddy straw-based biomass power projects are being set up in state one each in Kurukshetra (15MW), Kaithal (15MW), Jind (9.9MW) and Fatehabad (9.9MW). The fifth plant is being set up at the IOCL’s Panipat refinery and will generate ethanol from paddy waste.
Waste to Energy Market, Key Players· SUEZ
· Veolia
· Covanta Holding Corporation
· Constructions industrielles de la Méditerranée (CNIM)
· Keppel Corporation Limited
· China Everbright International Limited
· STEAG GmbH
· Future Biogas Limited
· Babcock & Wilcox Enterprises, Inc.
· Gazasia Ltd.
List of Figures
Figure 1: Global Waste to Energy Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Waste to Energy Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Waste to Energy Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Waste to Energy Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Waste to Energy Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Waste to Energy Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Waste to Energy Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Waste to Energy Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Waste to Energy Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Waste to Energy Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Waste to Energy Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Waste to Energy Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Waste to Energy Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Waste to Energy Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Waste to Energy Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Waste to Energy Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Waste to Energy Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Waste to Energy Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Waste to Energy Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Waste to Energy Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Waste to Energy Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Waste to Energy Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Waste to Energy Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Waste to Energy Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Waste to Energy Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Waste to Energy Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Waste to Energy Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Waste to Energy Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
