Waste-to-Energy Market by Waste Type, Process, Deployment, Application

List of Tables

[185 Pages Report] The Waste-to-Energy Market size was estimated at USD 49.87 billion in 2023 and expected to reach USD 54.70 billion in 2024, at a CAGR 11.77% to reach USD 108.73 billion by 2030.

Waste-to-Energy is the process to generate energy in the form of electricity and heat from the primary waste treatment. Waste-to-energy is the sustainable option for landfills for waste disposal, as it takes non-hazardous waste and processes it using various technologies, including biological & thermal, to produce electricity. Increasing electricity demand from residential & commercial sectors, reduction of greenhouse gas emissions by waste-to-energy technologies, and government initiative & financial schemes encouraging energy production from waste. The high implementation, operating & maintenance costs of incinerators are affecting the deployment of waste-to-energy plants. Moreover, the emerging projects and new advanced Waste-to-Energy technologies such as hydrothermal carbonization (HTC) fast-track the slow process of geothermal conversion of wet waste with an acid catalyst at high pressure and heat.

KEY MARKET STATISTICS
Base Year [2023]	USD 49.87 billion
Estimated Year [2024]	USD 54.70 billion
Forecast Year [2030]	USD 108.73 billion
CAGR (%)	11.77%

Waste Type: Rising potential of converting liquid waste into energy

Liquid-waste includes hazardous and non-hazardous materials ranging from industrial discharges, household wastewater, fats, oils, and greases from food preparation to liquid by-products from manufacturing processes. The liquid waste management and conversion segment within waste-to-energy markets has seen growing attention owing to the increasing need for sustainable waste treatment methods and energy recovery technologies. Techniques such as anaerobic digestion (for biodegradable liquid waste), thermal treatment, and incineration with energy recovery have been adopted, focusing on maximizing energy capture while minimizing environmental impacts. Solid-waste includes household garbage, commercial waste, industrial waste, and construction debris. Within the realm of waste-to-energy, solid-waste management involves the recovery of valuable resources and conversion of waste into electricity, heat, or fuel through various processes such as combustion (incineration), gasification, pyrolysis, and anaerobic digestion.

Application: Growing applications of waste-to-energy solutions for electricity generation

Waste-to-energy offers a sustainable solution by converting waste into electricity, which has a crucial role in reducing reliance on fossil fuels and mitigating landfill use. The process involves the thermal treatment of waste, including combustion, gasification, or pyrolysis, to produce electricity. This electricity can be supplied to the national grid or used to power the facilities involved in waste processing, thereby creating a self-sustaining energy model. Another significant application of waste-to-energy technologies is the production of transportation fuels. Through processes such as gasification and pyrolysis, waste materials are converted into synthetic gases or bio-oils, which are then processed into fuels such as ethanol, biodiesel, and jet fuel. This offers a renewable alternative to petroleum-based fuels, reducing greenhouse gas emissions and oil import dependence. The use of waste-derived fuels in transportation not only aids in managing waste streams but also supports the transition to a more sustainable and circular economy by promoting the use of renewable resources.

Regional Insights

The European region has a large infrastructure framework in waste-to-energy facilities, with commitments of most European countries to reduce greenhouse gas (GHG) emissions. Emerging players in the regions are supported by government initiatives to develop new technologies and establish sustainable waste management infrastructure by incorporating Waste-to-Energy technologies. For instance, Copenhagen's (Denmark) latest projects include an incinerator that functions as a ski slope and a waste-to-energy (WTE) education center for its citizens, utilizing 54% of waste to create heat and electricity using incinerators. Several market players are expanding Waste-to-Energy generation facilities in the Middle East and Africa region, particularly in the oil & gas industry. The Asia-Pacific region is expected to record exponential growth in the Waste-to-Energy market due to different types of waste availability and its energy generation potential across India and China. Market players in the Asia-Pacific region are attracting huge investments to indulge in research and development activities to enhance the economic viability of energy recovery from waste materials. The Americas witnessed a strong presence of established market players focused on energy generation from organic wastes from industrial operations such as food & beverage manufacturing, biodiesel production, integrated biorefineries, and pharmaceuticals. Additionally, government support for converting waste to energy from commercial, institutional, and residential waste enhances regional market growth.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Waste-to-Energy Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Waste-to-Energy Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Waste-to-Energy Market, highlighting leading vendors and their innovative profiles. These include Abellon CleanEnergy Limited, Amandus Kahl GmbH & Co. KG, ANDRITZ AG, Arrow Ecology & Engineering Overseas (1999) Ltd ., Attero, AVR-Afvalverwerking B.V., Axpo Holding AG, Babcock & Wilcox Enterprises, Inc., China Everbright Limited, CNIM Group, Cortus Energy AB, Covanta Holding Corp., Doosan Lentjes GmbH, Ebara Corporation, EEW Energy from Waste GmbH, Electricite de France, Emery Energy Company, Ener-Core, Inc., Energos AS, ENERKEM Inc., Evoqua Water Technologies LLC, Flex Energy Solutions, Fortum Corporation, GCL Technology Holdings Limited, Grandblue Environment Co., Ltd., Hitachi Zosen Corporation, Intouch Monitoring Limited, JFE Engineering Corporation, Kawasaki Heavy Industries Ltd., Keppel Corporation Limited, Klean Industries Inc, LanzaTech Global, Inc., MAN Energy Solutions SE, MARTIN GmbH fur Umwelt- und Energietechnik, Mitsubishi Heavy Industries, Ltd., Ramboll Group A/S, SUEZ SA, SUTCO UK Ltd., Tana Oy, Terragon Environmental Technologies Inc., Vanguard Renewables, Veolia Environnement SA, Viridor Limited, Waste Management, Inc., Wheelabrator Technologies by Norican Group, Xcel Energy Inc., and Zheneng Jinjiang Environment Holding Company Limited.

Market Segmentation & Coverage

This research report categorizes the Waste-to-Energy Market to forecast the revenues and analyze trends in each of the following sub-markets:

Waste Type
- Liquid-Waste
- Solid-Waste

Process
- Anaerobic Digestion
- Depolymerization
- Gasification
- Hydrothermal Carbonization
- Plasma Gasification
- Pyrolysis

Deployment
- Private
- Public

Application
- Electricity
- Transport Fuels

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Waste-to-Energy Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Waste-to-Energy Market?

3. What are the technology trends and regulatory frameworks in the Waste-to-Energy Market?

4. What is the market share of the leading vendors in the Waste-to-Energy Market?

5. Which modes and strategic moves are suitable for entering the Waste-to-Energy Market?

Product Code: MRR-431A494C2CF0

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing energy demand from residential and commercial sectors and growing focus towards renewable energy
  - 5.1.1.2. Governments initiatives and financial schemes to encourage production of energy from wastes
- 5.1.2. Restraints
  - 5.1.2.1. High ownership cost associated with waste-to-energy plant setup
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of technologically automated & advanced waste-to-energy solutions and systems
  - 5.1.3.2. Increasing investments in the new waste-to-energy facilities
- 5.1.4. Challenges
  - 5.1.4.1. Rising concerns related to the environmental hazards and unregulated waste trade of the waste-to-energy
5.2. Market Segmentation Analysis
- 5.2.1. Waste Type: Rising potential of converting liquid waste into energy
- 5.2.2. Application: Growing applications of waste-to-energy solutions for electricity generation
5.3. Market Trend Analysis
- 5.3.1. Favorable government measures and energy security broaden the scope of America's waste-to-energy innovation
- 5.3.2. Rapid population growth, increasing government initiatives, and rising electricity consumption levels create huge potential for the waste-to-energy market in the Asia-Pacific region
- 5.3.3. Ongoing plant expansion activities, the presence of giant players, and emerging funding opportunities create lucrative scope for the waste-to-energy market in EMEA
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Waste-to-Energy Market, by Waste Type

6.1. Introduction
6.2. Liquid-Waste
6.3. Solid-Waste

7. Waste-to-Energy Market, by Process

7.1. Introduction
7.2. Anaerobic Digestion
7.3. Depolymerization
7.4. Gasification
7.5. Hydrothermal Carbonization
7.6. Plasma Gasification
7.7. Pyrolysis

8. Waste-to-Energy Market, by Deployment

8.1. Introduction
8.2. Private
8.3. Public

9. Waste-to-Energy Market, by Application

9.1. Introduction
9.2. Electricity
9.3. Transport Fuels

10. Americas Waste-to-Energy Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Waste-to-Energy Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Waste-to-Energy Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Decarbonization: Veolia Becomes the Operator of Turkey's First Waste-to-Energy Production Site
- 13.3.2. Mitsubishi Heavy Industries Power IDS Receives Order for Renovation Project to Upgrade and Enhance Power Output of Steam Turbine Generation Equipment at Waste Incineration Plant in Taiwan
- 13.3.3. Toyota Tsusho to Participated in Second Wind Power IPP Project in Egypt - Contributing to the Further Expansion of Renewable Energy in the Country
- 13.3.4. Viridor Backs Chemical Recycling of Plastic with Proposed Acquisition of Quantafuel ASA
- 13.3.5. Mitsubishi to Build USD 251 Million Waste-to-Energy Plant in Japan
- 13.3.6. Kent County Partnered with Vicinity Energy to Operate Waste-to-Energy Facility
- 13.3.7. Energy Capital Partner (ECP) Completed Acquisition of Biffa
- 13.3.8. CEMEX Invested in Clean Energy-from-Waste Technology
- 13.3.9. Hitachi Zosen Inova Supply UK Waste-to-Energy Plant
- 13.3.10. Basic Agreement Signed to Explore Joint Undertaking of Hydrogen Production Business using Waste Plastic Gasification Facilities in the Nagoya Port Area, Aichi Prefecture
- 13.3.11. SUEZ Reintegrates Major UK Waste Business After Acquiring it Back from Veolia
- 13.3.12. Kawasaki Delivered a New Waste Heat Recovery Power Generation System to Taiheiyo Cement - This is the First Delivery of Kawasaki's New High Efficiency Waste Heat Recovery "VEGA Boiler" to a Japanese Customer
- 13.3.13. Fortum Launched A Ground-Breaking Pilot Project - Aimed to Produce New Materials from the Co2 Emissions of Waste Incin-er-ation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio