Global Waste to Energy Market 2031

Waste to Energy Market

Global Waste to Energy Market reached US$ 38.5 billion in 2023 and is expected to reach US$ 68.7 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.

The Waste to Energy Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Waste to Energy market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

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Waste to Energy (WTE) is a process that converts non-recyclable waste materials into usable forms of energy such as electricity, heat, or fuel through methods like combustion, gasification, or anaerobic digestion. It helps reduce landfill use while generating renewable energy.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

Covanta Energy, China Everbright, Suez Environment (SITA), Veolia Environmental, Viridor, Keppel Seghers Belgium N.V., MVV Energie AG, China Metallurgical Group, Fluence Corporation and Waste Management Inc.

Key Developments:

❁ In April 2023, Egypt finalized a US$ 120 million contract to design, develop, own, and operate the country’s first solid waste-to-electricity facility. The agreement was signed between the Giza governorate and a consortium comprising Renergy Egypt and the National Authority for Military Production.

❁ In January 2023, Babcock & Wilcox secured a US$ 65 million contract from Lostock Sustainable Energy Plant to support the delivery of the power train for a waste-to-energy facility near Manchester, UK. The plant is expected to process approximately 600,000 metric tons of waste annually and generate over 60 MW of electricity for local residents and businesses.

Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Waste to Energy market has been segmented

By Technology: Thermal, Biological, Others

By Waste: Solid Waste, Liquid Waste, Gaseous Waste

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Research Process

Both primary and secondary data sources have been used in the global Waste to Energy Market research report. During the research process, a wide range of…