Report Highlights
The global waste-to-energy market reached $35.1 billion in 2022 and should reach $50.8 billion by 2028, with a compound annual growth rate (CAGR) of 6.4% during the forecast period of 2023-2028.
Report Includes
- 43 data tables and 23 additional tables
- An up-to-date overview and industry analysis of the global markets for thermal and biological waste-to-energy (WTE) processes and technologies
- Analyses of the global market trends, with historic market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the global waste-to-energy market in USD million terms, and corresponding market share analysis by technology type, application, end-user, and region
- Highlights of emerging technology trends, opportunities and gaps in the market estimating current and future demand for thermal and biological WTE technologies, and identification of major regions and countries involved market developments
- In-depth information (facts and figures) concerning the major factors influencing the progress of the market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, future prospects, and contributions to the overall market
- A comparative study of Porter’s Five Forces analysis and PESTLE analysis considering both micro- and macro- environmental factors prevailing in the global market for thermal and biological waste-to-energy technologies
- Review of the legislative and environmental regulatory issues and concerns currently focused on integrated waste management approaches as a basis for projecting demand in the next few years
- Insight into the recent industry structure, competitive aspects of each product segment, increasing investment on R&D activities to develop low-cost WTE technologies, market development strategies, and company value share analysis
- Review of key patent grants and significant allotments of recent patents across each major category
- Company profiles of major players within the industry, including Andritz AG, Mitsubishi Heavy Industries Ltd., Veolia Environnement SA, Waste Management Inc., and Xcel Energy Inc.
Report Scope
This report will cover the WTE industry. Definitive and detailed estimates and forecasts of the global market are provided, followed by a detailed analysis of the technology, waste type end uses and regions. Ongoing market trends, growth drivers and challenges impeding the market are discussed. The report will analyze the global thermal and biological WTE markets by technology and geography. It will also focus on the regulations and government-supported programs impacting this market. Regionally, the focus of study will be the markets of North America, Europe, Asia-Pacific and the Rest of the World (ROW).
Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 to 2028. The market size for different regions (regions by technology) will also be covered. The impact of COVID-19 was also considered when deriving market estimations. Sales value estimates are based on prices in the supply chain. Market-driving forces and industry structure are examined. International aspects are analyzed for all global regions.
In 2020, the growth rate of global manufacturing industries was severely affected by the COVID-19 pandemic. The pandemic halted progress in every regional economy. Governments took measures to contain the economic slowdown.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||||||||||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||||||||||||||||||||||
| Base year market size | $35.1 billion | ||||||||||||||||||||||||||||||||||||
| Market size forecast | $50.8 billion | ||||||||||||||||||||||||||||||||||||
| Growth rate | CAGR of 6.4% for the forecast period of 2023-2028 | ||||||||||||||||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||||||||||||||||
| Segments covered | Region, Technology, Type of Waste, End Use | ||||||||||||||||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||||||||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||||||||||||||||||||||
| Companies studied |
|
||||||||||||||||||||||||||||||||||||
Frequently Asked Questions (FAQs)
- Increasing Need for Energy Security
- Increasing Available Volume of Global Municipal Waste for WTE
- Decreasing Land Filling Space
- Carbon Footprint Reduction
- Increasing awareness of environmental pollution
- Stringent regulations
- Increasing Urbanization
- Increased R&D Investment
- Climate Change
- Increasing Adoption in Emerging Markets
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global waste-to-energy market was $25.3 billion in 2013 and $26.7 billion in 2014. This market will grow at a compound annual growth rate (CAGR) of 5.8% for the period 2014 - 2019 to reach $35.5 billion by 2019.
Report Includes
- An overview of the global markets for thermal and biological waste-to-energy technologies.
- Analyses of global market trends, with data from 2013 and 2014, and projections of CAGRs through 2019.
- Coverage of non-hazardous solid wastes such as municipal solid wastes (MSW) and biowastes such as kitchen waste, food waste, yard waste, etc. excluding sewage sludge and waste water treatment plants as well as land fill gas plants.
- Regional analysis of the industry in terms of current and future trends of WTE markets and competitive structure.
- A detailed review of current and possible future legislation that can impact the development of the market.
- Analysis of technology trends, identifying how the most prevalent waste management methods are changing lately with the advent of new promising technologies.
- Profiles of major players in the industry.
Report Highlights
- The global market for WTE technologies was worth $19.9 billion in 2008. This is expected to increase to $26.2 billion in 2014, for a CAGR of 6.7%.
- Thermal WTE technologies have the largest share of the market, worth $18.5 billion in 2008. This should reach $23.7 billion in 2014, for a CAGR of 5.1%.
- The biological WTE segment generated $1.4 billion in 2008. This should increase to $2.4 billion in 2014, for a CAGR of 11.4%.
Related Reports
The Global Market for Distributed Energy Generation
The global market for distributed energy generation is estimated to increase from $141.3 billion in 2023 to reach $241.6 billion by 2028 with a compound annual growth rate (CAGR) of 11.3% during the forecast period of 2023-2028.
Global Biochar Market
The global market for biochar is estimated to increase from $219.6 million in 2023 to reach $389.3 million by 2028, at a compound annual growth rate (CAGR) of 12.1% from 2023 through 2028.
Waste Heat to Power: Global Market Outlook
This report provides an overview of the global waste heat recovery systems market and analyses market trends. It highlights major trends and challenges that affect the global market and the vendor landscape. The report estimates the global market for waste heat recovery systems in 2021 and provides projections for the expected market size through 2027. The report analyses the current market scenario and future growth prospects of the waste heat recovery systems market across different regions, including North America, Europe, Asia-Pacific, and RoW (Latin America, Middle East, and Africa). It concludes with the company profiles of prominent product manufacturers and suppliers.
Smart Waste Management Systems: Global Markets
The global smart waste management systems market should reach $451.5 billion by 2022 and $675.3 billion by 2027, with a compound annual growth rate (CAGR) of 8.4% during the forecast period of 2022-2027.
Recent Reports
Global Virtual Power Plant Market
This report provides an overview of the global virtual power plant (VPP) market. The report segments global VPP market based on technology, end-user and region. It presents an analysis of the ESG sustainability developments in the VPP industry.
Biodiesel Feedstocks: Technologies, Synthesis, Efficiency and Policies
The global market for biodiesel is expected to grow from $43.1 billion in 2023 to $51.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 3.7% from 2023 through 2028.
Lithium Mining: Global Markets
The global market for lithium mining is expected to grow from $5.7 billion in 2023 and projected to reach $9.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 10.0% from 2023 to 2028.
Global Smart Transformer Market
This report provides an overview of the global smart transformer market. It presents current, and future market scenarios in the smart transformer industry. The report also covers leading companies with information on product portfolios, global headquarters addresses, and more. Using 2022 as the base year, the report provides market forecasts through 2028.
Nuclear Fusion and Advanced Materials: Emerging Opportunities
The global market for nuclear fusion technologies is expected to increase from $1.7 billion in 2035 to $6.8 billion by the end of 2040, with a compound annual growth rate (CAGR) of 31.6% during the forecast period of 2035-2040.
Top Trending Reports
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for cell and gene therapy tools and reagents is estimated to grow from $8.3 billion in 2022 to $13.7 billion in 2027, with a compound annual growth rate (CAGR) of 10.6% for the period of 2022-2027.
ESG Trends in Chemical Industry
This report focuses on the ESG trends in the chemical industry and evaluates the ESG implementation including current and future potential. The report utilizes various databases, including sustainability reports, annual reports, and other indicators used to develop the current market. The study provides detailed information on the main factors influencing ESG growth in the chemical industry. It enables the reader to understand the industry in general while also providing insight into the inter-relationship between ESG and the sustainable chemical industry. The report describes market growth, developing trends, industry leaders, and applications of ESG implementation in the chemical industry.
Digital Pathology: Technologies and Global Markets
The global digital pathology market is estimated to increase from $5.9 billion in 2022 to reach $10.7 billion by 2027, at a compound annual growth rate (CAGR) of 12.5% from 2022 through 2027.
Smartphone-Based Patient Monitoring: Global Market
The global smartphone-based patient monitoring market should reach $21.5 billion by 2027 from $6.8 billion in 2022 at a compound annual growth rate (CAGR) of 25.9% for the forecast period of 2022 to 2027.
Non-Fungible Tokens (NFT): Global Market
The global NFTs market should reach $37.6 billion by 2022 and $125.6 billion by 2027, with a compound annual growth rate (CAGR) of 27.3% during the forecast period of 2022-2027.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More