Visiongain, a business intelligence provider based in London, UK, recently published a report entitled Waste to Energy Market Forecast 2019-2029. In the report, the global waste-to-energy (WtE) market is forecast to experience capital expenditure of $16.4 billion in 2019.
The interest in WtE is growing as an option for sustainable waste management practices. Population and waste growth will be major drivers for the development of WtE technology, especially in developing countries. During the last several years, increased waste generation and narrowed prospects for landfill have brought strong growth prospects for the WtE industry.
Not only is the world population growing, but it is also becoming increasingly more urban. This leads to greater levels of waste being generated globally, in more concentrated levels and in close proximity to large urban areas. These issues are focusing more attention on waste management frameworks, with increased interest in alternatives to landfill. As a result, municipalities worldwide are considering the functionality of WtE plants to help deal with mounting waste being generated.
Today, waste-to-energy projects based on combustion technologies are highly efficient power plants that utilize solid waste as their fuel as opposed to oil, coal or natural gas. Far better than burning up energy to search, recover, process and convey the fuel from some distant source, waste-to-energy technology finds worth in what others consider garbage.
With reference to this report, waste-to-energy (WtE) facilities are considered as plants using municipal solid waste (MSW) as a primary fuel source for energy production. This includes direct combustion and advanced thermal, but not biological processes. The report covers the CAPEX spending of new and upgraded WtE plants globally. The report also forecasts MSW-processing capacity for global, regional and national markets from 2019-2029.
The report will answer questions such as:
• What are the prospects for the overall waste-to-energy industry?
• Where are the major investments occurring?
• Who are the key players in the waste-to-energy industry?
• What are the market dynamics underpinning the sector?
• How consolidated is the sector amongst the large industry players?
The report provides detailed profiles and analysis of 13 leading companies operating within the waste-to-energy market including Covanta, Suez Environment, Veolia Environmental, Wheelabrator, and others.
The study reveals where companies are investing in waste-to-energy and how much waste-processing capacity from WtE is expected. Analysis of three regional markets, national markets plus analysis of many more countries is included in the report. There is a section that forecasts the Canadian Waste-to-Energy market.
The independent 270-page report includes 237 tables and figures examining the waste-to-energy market space. It also includes municipal waste processing capacity forecasts from 2019 to 2029.